Cars.com
CARS
#5005
Rank
$1.12 B
Marketcap
$17.18
Share price
0.64%
Change (1 day)
-5.76%
Change (1 year)

P/E ratio for Cars.com (CARS)

P/E ratio as of March 2024 (TTM): 9.54

According to Cars.com's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.54444. At the end of 2022 the company had a P/E ratio of 55.1.

P/E ratio history for Cars.com from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202255.1-58.92%
2021134-14576.25%
2020-0.9262-49.52%
2019-1.83-104.78%
201838.4317.41%
20179.20

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.99-5.79%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

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.