CARG CarGurus PE ratio, current and historical analysis

The current PE ratio for CarGurus stock as of Apr 2, 2025 is 147.55. This is calculated based on the current EPS of $0.2 and the stock price of $29.51 per share.

CARG PE ratio history

How has CARG's PE ratio performed in the past

The average historical PE ratio of CarGurus for the last eight years is 77.39. The current PE ratio of 147.55 is 91% 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.

Today
136.65
Average
77.39
Median
60.7
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 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
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
Jun 2021 27.61 -10.79% $26.23 $0.95

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
53.9
5-year avg
47.72
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 higher than its peer stock PINS.

Stock name PE ratio Market cap
PINS Pinterest Inc 10.05 $18.69B
CARG CarGurus Inc 136.65 $2.85B

Frequently asked questions

What is CarGurus's PE ratio?

As of Apr 2, 2025, CARG stock has a price to earnings ratio of 147.55.

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

The 3-year average PE ratio for CARG stock is 53.9.

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

The 5-year average PE ratio for CARG stock is 47.72.

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 91% 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 147.55 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 (Apr 2, 2025), CarGurus's stock price is $29.51. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $0.2. Therefore, CarGurus's P/E ratio for today is 147.55. PE RATIO(147.55) = STOCK PRICE($29.51) / TTM EPS($0.2)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.