Carvana
CVNA
#4172
Rank
$1.44 B
Marketcap
$8.13
Share price
5.45%
Change (1 day)
-96.95%
Change (1 year)
Carvana is an online used car retailer based in Tempe, Arizona.

P/E ratio for Carvana (CVNA)

P/E ratio as of December 2022 (TTM): -0.9104

According to Carvana's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.910414. At the end of 2021 the company had a P/E ratio of -146.

P/E ratio history for Carvana from 2017 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-14669.19%
2020-86.2168.65%
2019-32.1113.76%
2018-15.0219.14%
2017-4.70

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
0.2094-123.00%๐Ÿ‡จ๐Ÿ‡ณ China
-0.1977-78.29%๐Ÿ‡บ๐Ÿ‡ธ 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.