Back to CARG overview

CARG CarGurus PE ratio, current and historical analysis

The current PE ratio for CarGurus stock as of Jun 20, 2024 is 76.0. This is calculated based on the current EPS of $0.33 and the stock price of $25.08 per share. The P/E ratio has an increase of 71% from the past four quarters average of 44.5.

CARG PE ratio history

How has CARG's PE ratio performed in the past

The average historical PE ratio of CarGurus for the last seven years is 72.6. The current PE ratio of 76.0 is 4.7% above the historical average. Over the past seven years, CARG's PE ratio was at its highest in the Mar 2018 quarter at 295.92, when the stock price was $38.47 and the EPS was $0.13. The lowest value was in the Mar 2023 quarter, when it reached 8.12 with a price of $18.68 and an EPS of $2.3.

Average
72.6
Median
58.46
Minimum
8.12
Maximum
295.92

CarGurus PE ratio by year

Maximum annual increase: 947.78% in 2023

Maximum annual decrease: -75.62% in 2018

Year PE ratio Change
2023 89.48 947.78%
2022 8.54 N/A
2021 N/A N/A
2020 45.99 -50.32%
2019 92.58 64.67%
2018 56.22 -75.62%
2017 230.62 N/A
2016 N/A N/A
2015 N/A N/A

CARG average PE ratio chart

What is the average PE ratio of CARG for the past years

The current PE ratio of CARG is above the 3 and 5-year historical averages.

3-year avg
32.09
5-year avg
47.36
10-year avg
N/A
15-year avg
N/A

CARG PE vs peers

What is CARG's PE ratio compared to its peers

CARG's PE ratio is lower than its peer stock PINS.

Stock name PE ratio Market cap
CARG CarGurus Inc 76.36 $2.63B
PINS Pinterest Inc 198.27 $29.8B

Frequently asked questions

What is CarGurus's PE ratio?

As of Jun 20, 2024, CARG stock has a price to earnings ratio of 76.

What is the 3-year average PE ratio for CarGurus (CARG)?

The 3-year average PE ratio for CARG stock is 32.09.

What is the 5-year average PE ratio for CarGurus (CARG)?

The 5-year average PE ratio for CARG stock is 47.36.

What is the highest PE ratio for CARG?

Over the last seven years, the quarterly PE ratio reached a historic high of 295.92 in the Mar 2018 quarter.

How does the current PE ratio for CARG compare to its historical average?

The current price to earnings ratio of CARG is 4.7% higher than the 7-year historical average.

Why is CarGurus's PE ratio so high?

CARG's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 76 is considered high.

How is CARG's PE ratio calculated (CarGurus PE ratio formula)?

To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jun 20, 2024), CarGurus's stock price is $25.08. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.33. Therefore, CarGurus's P/E ratio for today is 76. PE RATIO(76) = STOCK PRICE($25.08) / TTM EPS($0.33)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.