The current PE ratio for Carmax stock as of Apr 26, 2024 is 22.97. This is calculated based on the TTM EPS of $3.03 and the stock price of $69.59 per share. The PE ratio marks a decrease of 8% from its last 4 quarters average of 24.9.
The average historical PE ratio of Carmax for the last ten years is 19.55. The current P/E ratio of 22.97 is 17% 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.
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% |
The current PE ratio of KMX is higher than its 3, 5 and 10-year averages.
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 (22.97) than its peers average of 14.93.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GPI Group 1 Automotive Inc | 7.05 | $4.06B |
| AN Autonation Inc | 7.98 | $6.84B |
| PAG Penske Automotive Group Inc | 10.04 | $10.43B |
| RUSHA Rush Enterprises Inc | 10.93 | $3.64B |
| KMX Carmax Inc | 22.97 | $10.95B |
| CPRT Copart Inc | 39.25 | $53.58B |
| KAR KAR Auction Services Inc | N/A | $1.88B |
| CRMT Americas Carmart Inc | N/A | $369.91M |
The price to earnings ratio for KMX stock as of Apr 26, 2024, stands at 22.97.
The 3-year average price to earnings ratio for KMX stock is 20.31.
The 5-year average price to earnings ratio for KMX stock is 20.24.
The highest quarterly PE ratio in the last ten years has been 28.46 and it was in the Aug 2023 quarter.
The current PE ratio of KMX is 17% higher than the 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 26, 2024), Carmax's share price is $69.59. 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 22.97. PE RATIO(22.97) = STOCK PRICE($69.59) / TTM EPS($3.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.