Copart
CPRT
#355
Rank
$51.97 B
Marketcap
$54.01
Share price
-1.55%
Change (1 day)
23.09%
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 2024 (TTM): 41.7

According to Copart 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.7066. At the end of 2022 the company had a P/E ratio of 26.8.

P/E ratio history for Copart from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202226.8-25.68%
202136.0-17.64%
202043.745.7%
201930.023.12%
201824.4-24.93%
201732.5101.02%
201616.2-24.77%
201521.5-11.14%
201424.2-7.69%
201326.232.22%
201219.8-0.37%
201119.9-2.64%
201020.4-7.48%
200922.147.66%
200814.9-44.53%
200726.94.13%
200625.925.61%
200520.6-24.12%
200427.14.61%
200325.942.39%
200218.2-57.44%
200142.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.9-40.38%๐Ÿ‡บ๐Ÿ‡ธ USA
9.60-76.99%๐Ÿ‡บ๐Ÿ‡ธ USA
35.1-15.83%๐Ÿ‡บ๐Ÿ‡ธ USA
6.59-84.19%๐Ÿ‡บ๐Ÿ‡ธ USA
-43.7-204.67%๐Ÿ‡บ๐Ÿ‡ธ USA
8.92-78.62%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.58-122.97%๐Ÿ‡บ๐Ÿ‡ธ USA
6.61-84.15%๐Ÿ‡บ๐Ÿ‡ธ USA
6.88-83.49%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.