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.
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.
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 |
Currently, CARS's PE ratio is under its 3 and 5-year averages.
Stock name | PE ratio | Market cap |
---|---|---|
CARS Carscom Inc | 9.62 | $1.12B |
PINS Pinterest Inc | N/A | $23.06B |
The price to earnings ratio for CARS stock as of Apr 26, 2024, stands at 9.62.
As an average over the last 3 years, CARS stock has a PE ratio of 58.27.
As an average over the last 5 years, CARS stock has a PE ratio of 76.75.
Over the last seven years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 216.
CARS's current price to earnings ratio is 83% below its 7-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
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.