P/E ratio for Copart (CPRT)

P/E ratio history for Copart from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
CarMax KMX	28.8	-27.13%	🇺🇸 USA
AutoNation AN	7.55	-80.89%	🇺🇸 USA
America's Car-Mart CRMT	39.9	0.96%	🇺🇸 USA
Sonic Automotive SAH	-45.5	-215.23%	🇺🇸 USA
Group 1 Automotive GPI	7.40	-81.29%	🇺🇸 USA
Penske Automotive PAG	9.57	-75.78%	🇺🇸 USA
OPENLANE Corporate KAR	-10.7	-126.95%	🇺🇸 USA
Rush Enterprises RUSHA	11.0	-72.24%	🇺🇸 USA
Lithia Motors LAD	6.90	-82.54%	🇺🇸 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.