P/E ratio for CarMax (KMX)
P/E ratio as of April 2024 (TTM): 24.1
According to CarMax 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.1185. At the end of 2022 the company had a P/E ratio of 17.0.
P/E ratio history for CarMax from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.0 | -3.88% |
| 2021 | 17.6 | -13.88% |
| 2020 | 20.5 | 21.53% |
| 2019 | 16.9 | 17.18% |
| 2018 | 14.4 | -15.42% |
| 2017 | 17.0 | -15.46% |
| 2016 | 20.1 | 12.6% |
| 2015 | 17.9 | -31.82% |
| 2014 | 26.2 | 24.32% |
| 2013 | 21.1 | 3.91% |
| 2012 | 20.3 | 19.17% |
| 2011 | 17.0 | -12.4% |
| 2010 | 19.4 | -11.02% |
| 2009 | 21.8 | -47.32% |
| 2008 | 41.5 | 95.29% |
| 2007 | 21.2 | -27.93% |
| 2006 | 29.5 | 18.17% |
| 2005 | 24.9 | -18.08% |
| 2004 | 30.4 | 7.28% |
| 2003 | 28.4 | 44.42% |
| 2002 | 19.6 | -32.6% |
| 2001 | 29.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Copart
CPRT | 42.6 | 76.80% | 🇺🇸 USA |
 Rush Enterprises
RUSHA | 10.1 | -58.00% | 🇺🇸 USA |
 America's Car-Mart CRMT | 33.2 | 37.53% | 🇺🇸 USA |
 Penske Automotive PAG | 9.11 | -62.24% | 🇺🇸 USA |
 OPENLANE Corporate KAR | -10.4 | -143.15% | 🇺🇸 USA |
 Group 1 Automotive GPI | 6.64 | -72.49% | 🇺🇸 USA |
 AutoNation AN | 6.82 | -71.70% | 🇺🇸 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.