The current price-to-earnings ratio for Copart stock as of Nov 29, 2023 is 36.13. This is calculated based on the current EPS of $1.39 and the stock price of $50.22 per share. The PE ratio has increased by 14% from the past four quarters average of 31.7.
The average historical PE ratio of Copart for the last ten years is 26.73. The current P/E ratio of 36.13 is 35% higher than the historical average. In the past ten years, CPRT's PE ratio peaked in the Oct 2020 quarter at 37.79, when the stock price was $27.59 and the EPS was $0.73. The lowest point was in the Oct 2016 quarter, when it reached 15.25 with a price of $6.56 and an EPS of $0.43.
Maximum annual increase: 74.11% in 2018
Maximum annual decrease: -24.97% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 34 | 22.08% |
| 2022 | 27.85 | -24.97% |
| 2021 | 37.12 | 19.43% |
| 2020 | 31.08 | 2.61% |
| 2019 | 30.29 | -4.99% |
| 2018 | 31.88 | 74.11% |
| 2017 | 18.31 | -12.89% |
| 2016 | 21.02 | 2.69% |
| 2015 | 20.47 | -11.69% |
| 2014 | 23.18 | 2.66% |
CPRT's current P/E ratio is above the 3, 5 and 10-year averages.
In comparison to its peer CRMT, CPRT's PE ratio is lower, but it is higher than KMX's and PAG's. Copart's PE ratio is trading above the peer group average of 14.98.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AN Autonation Inc | 5.69 | $5.7B |
| GPI Group 1 Automotive Inc | 6.12 | $3.88B |
| LAD Lithia Motors Inc | 7.11 | $7.38B |
| PAG Penske Automotive Group Inc | 8.8 | $9.98B |
| RUSHA Rush Enterprises Inc | 8.81 | $3.14B |
| KMX Carmax Inc | 22.01 | $10.02B |
| CPRT Copart Inc | 36.13 | $48.22B |
| CRMT Americas Carmart Inc | 46.29 | $505.2M |
| SAH Sonic Automotive Inc | N/A | $1.78B |
| KAR KAR Auction Services Inc | N/A | $1.61B |
CPRT's price to earnings ratio is 36.13 as of Nov 29, 2023.
Over the last 3 years, the average price to earnings ratio for CPRT stock is 31.48.
Over the last 5 years, the average price to earnings ratio for CPRT stock is 30.77.
Over the last ten years, the quarterly PE ratio reached a historic high of 37.79 in the Oct 2020 quarter.
The current price to earnings ratio of CPRT is 35% higher than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 29, 2023), Copart's stock price is $50.22. The earnings per share for the trailing twelve months (TTM) ending Oct 2023 is $1.39. Therefore, Copart's PE ratio for today is 36.13. PE RATIO(36.13) = STOCK PRICE($50.22) / TTM EPS($1.39)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.