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KMX Carmax PE ratio, current and historical analysis

The current PE ratio for Carmax stock as of Jun 18, 2024 is 23.6. This is calculated based on the TTM EPS of $3.03 and the stock price of $71.5 per share. The PE ratio marks a decrease of 5% from its last 4 quarters average of 24.9.

KMX PE ratio history

How has KMX's PE ratio performed in the past

The average historical PE ratio of Carmax for the last ten years is 19.56. The current P/E ratio of 23.6 is 21% higher than the historical average. Looking back at the last ten years, KMX's PE ratio peaked in the Aug 2023 quarter at 28.46, when the price was $81.68 and the EPS was $2.87. 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.

Average
19.56
Median
18.83
Minimum
12.86
Maximum
28.46

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

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

The current PE ratio of KMX is higher than its 3, 5 and 10-year averages.

3-year avg
20.71
5-year avg
20.49
10-year avg
19.56
15-year avg
19.27

KMX PE vs peers

What is KMX's PE ratio compared to its peers

In comparison to its peer CPRT, 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 (23.6) than its peers average of 14.7.

Stock name PE ratio Market cap
GPI Group 1 Automotive Inc 7.09 $4.09B
AN Autonation Inc 7.63 $6.55B
PAG Penske Automotive Group Inc 10.15 $9.77B
RUSHA Rush Enterprises Inc 10.6 $3.4B
KMX Carmax Inc 23.58 $11.25B
CPRT Copart Inc 37.04 $52.04B
KAR KAR Auction Services Inc N/A $1.74B
CRMT Americas Carmart Inc N/A $379.31M

Frequently asked questions

What is Carmax's PE ratio?

The price to earnings ratio for KMX stock as of Jun 18, 2024, stands at 23.6.

What is the 3-year average PE ratio for Carmax (KMX)?

The 3-year average price to earnings ratio for KMX stock is 20.71.

What is the 5-year average PE ratio for Carmax (KMX)?

The 5-year average price to earnings ratio for KMX stock is 20.49.

What is the highest PE ratio for KMX?

The highest quarterly PE ratio in the last ten years has been 28.46 and it was in the Aug 2023 quarter.

How does the current PE ratio for KMX compare to its historical average?

The current PE ratio of KMX is 21% 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 (Jun 18, 2024), Carmax's share price is $71.5. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $3.03. Therefore, Carmax's PE ratio for today is 23.6. PE RATIO(23.6) = STOCK PRICE($71.5) / TTM EPS($3.03)

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