P/E ratio for America's Car-Mart (CRMT)
P/E ratio as of June 2023 (TTM): 13.6
According to America's Car-Mart's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.6184. At the end of 2021 the company had a P/E ratio of 6.08.
P/E ratio history for America's Car-Mart from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.08 | -47.61% |
| 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 | |
| 2011 | 9.65 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CarMax
KMX | 26.2 | 92.56% | 🇺🇸 USA |
 Copart
CPRT | 38.3 | 181.43% | 🇺🇸 USA |
 Sonic Automotive
SAH | 24.8 | 82.36% | 🇺🇸 USA |
 Penske Automotive PAG | 8.37 | -38.56% | 🇺🇸 USA |
 KAR Auction Services KAR | 11.9 | -12.61% | 🇺🇸 USA |
 Group 1 Automotive GPI | 5.31 | -60.98% | 🇺🇸 USA |
 AutoNation AN | 5.84 | -57.09% | 🇺🇸 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.