The current price-to-earnings ratio for Copart stock as of Apr 26, 2024 is 39.25. This is calculated based on the current EPS of $1.42 and the stock price of $55.73 per share. The PE ratio has increased by 19% from the past four quarters average of 32.9.
The average historical PE ratio of Copart for the last ten years is 26.98. The current P/E ratio of 39.25 is 45% 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 current PE ratio of 39.25 is similar to the average of its peer group, which is 11.15.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GPI Group 1 Automotive Inc | 7.05 | $4.06B |
| LAD Lithia Motors Inc | 7.74 | $7.2B |
| AN Autonation Inc | 7.98 | $6.84B |
| PAG Penske Automotive Group Inc | 10.04 | $10.43B |
| RUSHA Rush Enterprises Inc | 10.93 | $3.64B |
| SAH Sonic Automotive Inc | 12.44 | $2.11B |
| KMX Carmax Inc | 22.97 | $10.95B |
| CPRT Copart Inc | 39.25 | $53.58B |
| CRMT Americas Carmart Inc | N/A | $369.91M |
| KAR KAR Auction Services Inc | N/A | $1.88B |
CPRT's price to earnings ratio is 39.25 as of Apr 26, 2024.
Over the last 3 years, the average price to earnings ratio for CPRT stock is 31.26.
Over the last 5 years, the average price to earnings ratio for CPRT stock is 31.24.
Within the last ten years, the current PE ratio is at its peak with a value of 39.25.
The current price to earnings ratio of CPRT is 45% 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 (Apr 26, 2024), Copart's stock price is $55.73. The earnings per share for the trailing twelve months (TTM) ending Jan 2024 is $1.42. Therefore, Copart's PE ratio for today is 39.25. PE RATIO(39.25) = STOCK PRICE($55.73) / TTM EPS($1.42)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.