P/E ratio for Copart (CPRT)
P/E ratio as of June 2023 (TTM): 38.6
According to Copart 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.636. At the end of 2021 the company had a P/E ratio of 72.0.
P/E ratio history for Copart from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 72.0 | -17.64% |
| 2020 | 87.5 | 191.4% |
| 2019 | 30.0 | 23.12% |
| 2018 | 24.4 | -24.93% |
| 2017 | 32.5 | 100.43% |
| 2016 | 16.2 | -24.55% |
| 2015 | 21.5 | -11.14% |
| 2014 | 24.2 | -7.69% |
| 2013 | 26.2 | 31.78% |
| 2012 | 19.9 | 0.38% |
| 2011 | 19.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CarMax
KMX | 26.0 | -32.67% | 🇺🇸 USA |
 Rush Enterprises
RUSHA | 8.06 | -79.15% | 🇺🇸 USA |
 America's Car-Mart CRMT | 13.2 | -65.83% | 🇺🇸 USA |
 Lithia Motors LAD | 6.02 | -84.42% | 🇺🇸 USA |
 Sonic Automotive
SAH | 23.9 | -38.17% | 🇺🇸 USA |
 Penske Automotive PAG | 8.14 | -78.93% | 🇺🇸 USA |
 KAR Auction Services KAR | 11.7 | -69.69% | 🇺🇸 USA |
 Group 1 Automotive GPI | 5.16 | -86.64% | 🇺🇸 USA |
 AutoNation AN | 5.67 | -85.32% | 🇺🇸 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.