KMX Carmax PE ratio, current and historical analysis
The current PE ratio for Carmax stock as of Nov 21, 2024 is 30.31. This is calculated based on the TTM EPS of $2.66 and the stock price of $80.63 per share. The PE ratio has grown by 15% from its last 4 quarters average of 26.4.
KMX PE ratio history
The average historical PE ratio of Carmax for the last ten years is 20.01. The current P/E ratio of 30.31 is 51% higher than the historical average. Looking back at the last ten years, KMX's PE ratio peaked in the Aug 2024 quarter at 31.79, when the price was $84.55 and the EPS was $2.66. The lowest point was in the Feb 2019 quarter, when it reached 12.86 with a price of $62.1 and an EPS of $4.83.
Carmax PE ratio by year
Maximum annual increase: 61.05% in 2021
Maximum annual decrease: -40.9% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 26.07 | 15.15% |
| 2023 | 22.64 | 46.82% |
| 2022 | 15.42 | -40.9% |
| 2021 | 26.09 | 61.05% |
| 2020 | 16.2 | 25.97% |
| 2019 | 12.86 | -24.4% |
| 2018 | 17.01 | -13.3% |
| 2017 | 19.62 | 30.19% |
| 2016 | 15.07 | -37.8% |
| 2015 | 24.23 | 10.09% |
KMX average PE ratio chart
The current PE ratio of KMX is higher than its 3, 5 and 10-year averages.
KMX PE vs peers
In comparison to its peers CPRT and KAR, KMX's PE ratio is lower, but it is higher than PAG's and AN's. Carmax is currently trading at a higher PE ratio (30.31) than its peers average of 17.62.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AN Autonation Inc | 9.7 | $6.74B |
| GPI Group 1 Automotive Inc | 10.82 | $5.44B |
| PAG Penske Automotive Group Inc | 12.31 | $10.74B |
| RUSHA Rush Enterprises Inc | 15.21 | $4.69B |
| KMX Carmax Inc | 30.31 | $12.49B |
| CPRT Copart Inc | 40.07 | $54.81B |
| KAR KAR Auction Services Inc | 104.42 | $2.12B |
| CRMT Americas Carmart Inc | N/A | $275.51M |
Frequently asked questions
What is Carmax's PE ratio?
The price to earnings ratio for KMX stock as of Nov 21, 2024, stands at 30.31.
What is the 3-year average PE ratio for Carmax (KMX)?
The 3-year average price to earnings ratio for KMX stock is 22.46.
What is the 5-year average PE ratio for Carmax (KMX)?
The 5-year average price to earnings ratio for KMX stock is 21.64.
What is the highest PE ratio for KMX?
The highest quarterly PE ratio in the last ten years has been 31.79 and it was in the Aug 2024 quarter.
How does the current PE ratio for KMX compare to its historical average?
The current PE ratio of KMX is 51% higher than the 10-year historical average.
How is KMX's PE ratio calculated (Carmax PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Carmax's share price is $80.63. The company's earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $2.66. Therefore, Carmax's PE ratio for today is 30.31. PE RATIO(30.31) = STOCK PRICE($80.63) / TTM EPS($2.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.