The current price-to-earnings ratio for Copart stock as of Jul 25, 2024 is 34.54. This is calculated based on the current EPS of $1.46 and the stock price of $50.43 per share. The current PE ratio is nearly the same as the last four quarters average.
The average historical PE ratio of Copart for the last ten years is 27.23. The current P/E ratio of 34.54 is 27% 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 stocks KMX and PAG, CPRT's PE ratio is higher. Copart's PE ratio is trading above the peer group average of 12.82.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LAD Lithia Motors Inc | 7.69 | $7.15B |
| GPI Group 1 Automotive Inc | 8.18 | $4.47B |
| AN Autonation Inc | 8.36 | $7.17B |
| PAG Penske Automotive Group Inc | 11.15 | $10.74B |
| SAH Sonic Automotive Inc | 11.64 | $1.98B |
| RUSHA Rush Enterprises Inc | 12.14 | $3.89B |
| KMX Carmax Inc | 32.43 | $12.96B |
| CPRT Copart Inc | 34.97 | $49.13B |
| CRMT Americas Carmart Inc | N/A | $439.27M |
| KAR KAR Auction Services Inc | N/A | $1.93B |
CPRT's price to earnings ratio is 34.54 as of Jul 25, 2024.
Over the last 3 years, the average price to earnings ratio for CPRT stock is 31.43.
Over the last 5 years, the average price to earnings ratio for CPRT stock is 31.67.
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 27% 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 (Jul 25, 2024), Copart's stock price is $50.43. The earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $1.46. Therefore, Copart's PE ratio for today is 34.54. PE RATIO(34.54) = STOCK PRICE($50.43) / TTM EPS($1.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.