CARG CarGurus PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: CARG
- PE Ratio
The current PE ratio for CarGurus stock as of Jun 5, 2025 is 83.55. This is calculated based on the current EPS of $0.38 and the stock price of $31.75 per share.
CARG PE ratio history
The average historical PE ratio of CarGurus for the last eight years is 77.36. The current PE ratio of 83.55 is 8% above the historical average. Over the past eight 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.
CarGurus PE ratio by year
Maximum annual increase: 947.78% in 2023
Maximum annual decrease: -75.62% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 182.7 | 104.18% | $36.54 | $0.2 |
| 2023 | 89.48 | 947.78% | $24.16 | $0.27 |
| 2022 | 8.54 | N/A | $14.01 | $1.64 |
| 2021 | N/A | N/A | $33.64 | $0 |
| 2020 | 45.99 | -50.32% | $31.73 | $0.69 |
| 2019 | 92.58 | 64.67% | $35.18 | $0.38 |
| 2018 | 56.22 | -75.62% | $33.73 | $0.6 |
| 2017 | 230.62 | N/A | $29.98 | $0.13 |
| 2016 | N/A | N/A | N/A | -$0.58 |
| 2015 | N/A | N/A | N/A | -$0.41 |
CarGurus PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 76.66 | -58.04% | $29.13 | $0.38 |
| Dec 2024 | 182.7 | N/A | $36.54 | $0.2 |
| Sep 2024 | N/A | N/A | $30.03 | -$0.45 |
| Jun 2024 | N/A | N/A | $26.2 | -$0.47 |
| Mar 2024 | 69.94 | -21.84% | $23.08 | $0.33 |
| Dec 2023 | 89.48 | 835.01% | $24.16 | $0.27 |
| Sep 2023 | 9.57 | 7.05% | $17.52 | $1.83 |
| Jun 2023 | 8.94 | 10.1% | $22.63 | $2.53 |
| Mar 2023 | 8.12 | -4.92% | $18.68 | $2.3 |
| Dec 2022 | 8.54 | N/A | $14.01 | $1.64 |
| Sep 2022 | N/A | N/A | $14.17 | -$0.4 |
| Jun 2022 | N/A | N/A | $21.49 | -$1.05 |
| Mar 2022 | N/A | N/A | $42.46 | -$0.72 |
| Dec 2021 | N/A | N/A | $33.64 | $0 |
| Sep 2021 | 34.52 | 25.03% | $31.41 | $0.91 |
CARG Price vs fair value
CARG average PE ratio chart
The current PE ratio of CARG is above the 3 and 5-year historical averages.
CARG PE vs peers
CARG's PE ratio is higher than its peer stock PINS.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PINS Pinterest Inc | 12.15 | $22.93B |
| CARG CarGurus Inc | 84.51 | $3.17B |
Frequently asked questions
What is CarGurus's PE ratio?
As of Jun 5, 2025, CARG stock has a price to earnings ratio of 83.55.
What is the 3-year average PE ratio for CarGurus (CARG)?
The 3-year average PE ratio for CARG stock is 56.74.
What is the 5-year average PE ratio for CarGurus (CARG)?
The 5-year average PE ratio for CARG stock is 49.79.
What is the highest PE ratio for CARG?
Over the last eight 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 8% higher than the 8-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 83.55 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 5, 2025), CarGurus's stock price is $31.75. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $0.38. Therefore, CarGurus's P/E ratio for today is 83.55. PE RATIO(83.55) = STOCK PRICE($31.75) / TTM EPS($0.38)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.