KMX Carmax PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NYSE: KMX
- PE Ratio
The current PE ratio for Carmax stock as of Aug 12, 2025 is 15.61. This is calculated based on the TTM EPS of $3.63 and the stock price of $56.66 per share. The PE ratio marks a decrease of 40% from its last 4 quarters average of 25.9.
KMX PE ratio history
The average historical PE ratio of Carmax for the last ten years is 20.02. The current P/E ratio of 15.61 is 22% lower 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 | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 25.77 | -1.15% | $82.97 | $3.22 |
| 2024 | 26.07 | 15.15% | $79 | $3.03 |
| 2023 | 22.64 | 46.82% | $69.04 | $3.05 |
| 2022 | 15.42 | -40.9% | $109.33 | $7.09 |
| 2021 | 26.09 | 61.05% | $119.51 | $4.58 |
| 2020 | 16.2 | 25.97% | $87.31 | $5.39 |
| 2019 | 12.86 | -24.4% | $62.1 | $4.83 |
| 2018 | 17.01 | -13.3% | $61.92 | $3.64 |
| 2017 | 19.62 | 30.19% | $64.54 | $3.29 |
| 2016 | 15.07 | -37.8% | $46.26 | $3.07 |
| 2015 | 24.23 | 10.09% | $67.11 | $2.77 |
| 2014 | 22.01 | 8.85% | $48.43 | $2.2 |
| 2013 | 20.22 | 20.57% | $38.41 | $1.9 |
| 2012 | 16.77 | -20.33% | $30.69 | $1.83 |
| 2011 | 21.05 | 30.34% | $35.37 | $1.68 |
Carmax PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| May 2025 | 17.76 | -31.08% | $64.46 | $3.63 |
| Feb 2025 | 25.77 | -9.45% | $82.97 | $3.22 |
| Nov 2024 | 28.46 | -10.47% | $83.97 | $2.95 |
| Aug 2024 | 31.79 | 15.81% | $84.55 | $2.66 |
| May 2024 | 27.45 | 5.29% | $70.26 | $2.56 |
| Feb 2024 | 26.07 | 28.42% | $79 | $3.03 |
| Nov 2023 | 20.3 | -28.67% | $63.94 | $3.15 |
| Aug 2023 | 28.46 | 14.71% | $81.68 | $2.87 |
| May 2023 | 24.81 | 9.58% | $72.21 | $2.91 |
| Feb 2023 | 22.64 | 17.49% | $69.04 | $3.05 |
| Nov 2022 | 19.27 | 9.36% | $69.36 | $3.6 |
| Aug 2022 | 17.62 | 6.14% | $88.44 | $5.02 |
| May 2022 | 16.6 | 7.65% | $99.27 | $5.98 |
| Feb 2022 | 15.42 | -19.44% | $109.33 | $7.09 |
| Nov 2021 | 19.14 | 9.43% | $141.25 | $7.38 |
KMX Price vs fair value
KMX average PE ratio chart
The current PE ratio of KMX is lower than its 3, 5 and 10-year averages.
KMX PE vs peers
In comparison to its peers CPRT and RUSHA, KMX's PE ratio is lower, but it is higher than PAG's and AN's. Carmax is currently trading at a lower PE ratio (15.61) than its peers average of 20.19.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GPI Group 1 Automotive Inc | 12.62 | $5.95B |
| PAG Penske Automotive Group Inc | 12.93 | $12.27B |
| AN Autonation Inc | 13.09 | $7.97B |
| KMX Carmax Inc | 16.15 | $8.8B |
| RUSHA Rush Enterprises Inc | 16.24 | $4.59B |
| CRMT Americas Carmart Inc | 19.48 | $383.83M |
| CPRT Copart Inc | 30.94 | $46.07B |
| KAR KAR Auction Services Inc | 38.49 | $3.07B |
Frequently asked questions
What is Carmax's PE ratio?
The price to earnings ratio for KMX stock as of Aug 12, 2025, stands at 15.61.
What is the 3-year average PE ratio for Carmax (KMX)?
The 3-year average price to earnings ratio for KMX stock is 24.2.
What is the 5-year average PE ratio for Carmax (KMX)?
The 5-year average price to earnings ratio for KMX stock is 22.33.
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 22% lower 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 (Aug 12, 2025), Carmax's share price is $56.66. The company's earnings per share for the trailing twelve months (TTM) ending May 2025 is $3.63. Therefore, Carmax's PE ratio for today is 15.61. PE RATIO(15.61) = STOCK PRICE($56.66) / TTM EPS($3.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.