KMX Carmax PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NYSE: KMX
- PE Ratio
The current PE ratio for Carmax stock as of May 15, 2025 is 21.09. This is calculated based on the TTM EPS of $3.22 and the stock price of $67.9 per share. The PE ratio marks a decrease of 26% from its last 4 quarters average of 28.4.
KMX PE ratio history
The average historical PE ratio of Carmax for the last ten years is 20.19. The current P/E ratio of 21.09 is 4.5% 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 | 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 |
|---|---|---|---|---|
| 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 |
| Aug 2021 | 17.49 | 9.79% | $125.21 | $7.16 |
KMX Price vs fair value
KMX average PE ratio chart
The current PE ratio of KMX is higher than its 10-year average, but it is lower than its 3 and 5-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's current PE ratio of 21.09 is similar to the average of its peers, which is 21.39.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AN Autonation Inc | 11.17 | $7.19B |
| PAG Penske Automotive Group Inc | 11.68 | $10.97B |
| GPI Group 1 Automotive Inc | 12.32 | $5.7B |
| RUSHA Rush Enterprises Inc | 13.93 | $4.02B |
| KMX Carmax Inc | 21.09 | $10.37B |
| KAR KAR Auction Services Inc | 37.78 | $2.39B |
| CPRT Copart Inc | 41.43 | $60.83B |
| CRMT Americas Carmart Inc | 56.09 | $426.31M |
Frequently asked questions
What is Carmax's PE ratio?
The price to earnings ratio for KMX stock as of May 15, 2025, stands at 21.09.
What is the 3-year average PE ratio for Carmax (KMX)?
The 3-year average price to earnings ratio for KMX stock is 24.1.
What is the 5-year average PE ratio for Carmax (KMX)?
The 5-year average price to earnings ratio for KMX stock is 22.6.
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 4.5% 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 (May 15, 2025), Carmax's share price is $67.9. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2025 is $3.22. Therefore, Carmax's PE ratio for today is 21.09. PE RATIO(21.09) = STOCK PRICE($67.9) / TTM EPS($3.22)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.