Back to CARG overview
#
CARG CarGurus
PE ratio, current and historical analysis

## CARG PE ratio history

### CarGurus PE ratio by year

## CARG average PE ratio chart

## CARG PE vs peers

## Frequently asked questions

###
What is CarGurus's PE ratio?

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

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

###
What is the highest PE ratio for CARG?

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

###
Why is CarGurus's PE ratio so high?

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

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.

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

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 |

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

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 |

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

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

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

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

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

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

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.