P/E ratio for CarMax (KMX)
P/E ratio as of March 2023 (TTM): 16.2
According to CarMax 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.2312. At the end of 2021 the company had a P/E ratio of 17.6.
P/E ratio history for CarMax from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Copart
CPRT | 31.9 | 96.53% | 🇺🇸 USA |
 Rush Enterprises
RUSHA | 7.48 | -53.93% | 🇺🇸 USA |
 America's Car-Mart CRMT | 10.9 | -32.82% | 🇺🇸 USA |
 Penske Automotive PAG | 7.26 | -55.28% | 🇺🇸 USA |
 KAR Auction Services KAR | 10.5 | -35.06% | 🇺🇸 USA |
 Group 1 Automotive GPI | 4.53 | -72.10% | 🇺🇸 USA |
 AutoNation AN | 5.19 | -68.03% | 🇺🇸 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.