CARS Carscom PE ratio, current and historical analysis
As of Nov 21, 2024, the CARS stock has a P/E ratio of 31.84. The calculation is based on the latest EPS of $0.58 and the stock price of $18.47 per share. An increase of 23% has been observed in the PE ratio compared to its average of 25.9 of the past four quarters.
CARS PE ratio history
The mean historical PE ratio of Carscom over the last eight years is 52.28. The current 31.84 price-to-earnings ratio is 39% less than the historical average. Analyzing the last eight years, CARS's PE ratio reached its highest point in the Mar 2021 quarter at 216, with a price of $12.96 and an EPS of $0.06. The Dec 2017 quarter saw the lowest point at 9.21, with a price of $28.84 and an EPS of $3.13.
Carscom PE ratio by year
Maximum annual increase: 324.43% in 2018
Maximum annual decrease: -80.54% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.72 | -80.54% |
| 2022 | 55.08 | -45.23% |
| 2021 | 100.56 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | 39.09 | 324.43% |
| 2017 | 9.21 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
CARS average PE ratio chart
Currently, CARS's PE ratio is under its 3 and 5-year averages.
CARS PE vs peers
CARS's PE ratio is below its peer stock PINS.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CARS Carscom Inc | 31.84 | $1.2B |
| PINS Pinterest Inc | 91.59 | $19.81B |
Frequently asked questions
What is Carscom's PE ratio?
The price to earnings ratio for CARS stock as of Nov 21, 2024, stands at 31.84.
What is the 3-year average PE ratio for Carscom (CARS)?
As an average over the last 3 years, CARS stock has a PE ratio of 57.43.
What is the 5-year average PE ratio for Carscom (CARS)?
As an average over the last 5 years, CARS stock has a PE ratio of 63.32.
What is the highest PE ratio for CARS?
Over the last eight years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 216.
How does the current PE ratio for CARS compare to its historical average?
CARS's current price to earnings ratio is 39% below its 8-year historical average.
How is CARS's PE ratio calculated (Carscom PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Nov 21, 2024), Carscom's share price is $18.47. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.58. Therefore, Carscom's price to earnings ratio for today is 31.84. PE RATIO(31.84) = STOCK PRICE($18.47) / TTM EPS($0.58)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.