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CARS Carscom PE ratio, current and historical analysis

As of Apr 26, 2024, the CARS stock has a P/E ratio of 9.62. The calculation is based on the latest EPS of $1.77 and the stock price of $17.02 per share. A decrease of 55% has been observed in the PE ratio compared to its average of 21.4 of the past four quarters.

CARS PE ratio history

How has CARS's PE ratio performed in the past

The mean historical PE ratio of Carscom over the last seven years is 55.33. The current 9.62 price-to-earnings ratio is 83% less than the historical average. Analyzing the last seven 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.

Average
55.33
Median
27.56
Minimum
9.21
Maximum
216

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

What is the average PE ratio of CARS for the past years

Currently, CARS's PE ratio is under its 3 and 5-year averages.

3-year avg
58.27
5-year avg
76.75
10-year avg
N/A
15-year avg
N/A

CARS PE vs peers

What is CARS's PE ratio compared to its peers
Stock name PE ratio Market cap
CARS Carscom Inc 9.62 $1.12B
PINS Pinterest Inc N/A $23.06B

Frequently asked questions

What is Carscom's PE ratio?

The price to earnings ratio for CARS stock as of Apr 26, 2024, stands at 9.62.

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 58.27.

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 76.75.

What is the highest PE ratio for CARS?

Over the last seven 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 83% below its 7-year historical average.

Why is Carscom's PE ratio so low?

A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.

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 (Apr 26, 2024), Carscom's share price is $17.02. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.77. Therefore, Carscom's price to earnings ratio for today is 9.62. PE RATIO(9.62) = STOCK PRICE($17.02) / TTM EPS($1.77)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.