Copart
CPRT
#397
Rank
$42.05 B
Marketcap
$88.09
Share price
-0.49%
Change (1 day)
53.28%
Change (1 year)
Copart, Inc. is an American company based in Dallas that conducts online vehicle auctions.

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
202172.0-17.64%
202087.5191.4%
201930.023.12%
201824.4-24.93%
201732.5100.43%
201616.2-24.55%
201521.5-11.14%
201424.2-7.69%
201326.231.78%
201219.90.38%
201119.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.0-32.67%๐Ÿ‡บ๐Ÿ‡ธ USA
8.06-79.15%๐Ÿ‡บ๐Ÿ‡ธ USA
13.2-65.83%๐Ÿ‡บ๐Ÿ‡ธ USA
6.02-84.42%๐Ÿ‡บ๐Ÿ‡ธ USA
23.9-38.17%๐Ÿ‡บ๐Ÿ‡ธ USA
8.14-78.93%๐Ÿ‡บ๐Ÿ‡ธ USA
11.7-69.69%๐Ÿ‡บ๐Ÿ‡ธ USA
5.16-86.64%๐Ÿ‡บ๐Ÿ‡ธ USA
5.67-85.32%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.