P/E ratio for America's Car-Mart (CRMT)
P/E ratio as of April 2024 (TTM): 34.3
According to America's Car-Mart's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.3392. At the end of 2022 the company had a P/E ratio of 7.41.
P/E ratio history for America's Car-Mart from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.41 | 22.6% |
| 2021 | 6.04 | -47.88% |
| 2020 | 11.6 | -13.27% |
| 2019 | 13.4 | 21.09% |
| 2018 | 11.0 | -31.24% |
| 2017 | 16.1 | -10.79% |
| 2016 | 18.0 | 48.4% |
| 2015 | 12.1 | -41.36% |
| 2014 | 20.7 | 62.66% |
| 2013 | 12.7 | 7.67% |
| 2012 | 11.8 | 22.42% |
| 2011 | 9.65 | -13.05% |
| 2010 | 11.1 | -20.76% |
| 2009 | 14.0 | 60.23% |
| 2008 | 8.74 | -54.73% |
| 2007 | 19.3 | 54.66% |
| 2006 | 12.5 | 4.95% |
| 2005 | 11.9 | -29.29% |
| 2004 | 16.8 | 33.76% |
| 2003 | 12.6 | -8.23% |
| 2002 | 13.7 | -565.37% |
| 2001 | -2.95 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CarMax
KMX | 24.3 | -29.29% | 🇺🇸 USA |
 Copart
CPRT | 41.9 | 22.13% | 🇺🇸 USA |
 Sonic Automotive
SAH | -40.1 | -216.71% | 🇺🇸 USA |
 Penske Automotive PAG | 9.03 | -73.70% | 🇺🇸 USA |
 OPENLANE Corporate KAR | -10.5 | -130.62% | 🇺🇸 USA |
 Group 1 Automotive GPI | 6.17 | -82.03% | 🇺🇸 USA |
 AutoNation AN | 6.73 | -80.39% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.