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KMX (CarMax) Shiller PE Ratio : 13.59 (As of Jul. 10, 2025)


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What is CarMax Shiller PE Ratio?

As of today (2025-07-10), CarMax's current share price is $67.27. CarMax's E10 for the quarter that ended in May. 2025 was $4.95. CarMax's Shiller PE Ratio for today is 13.59.

The historical rank and industry rank for CarMax's Shiller PE Ratio or its related term are showing as below:

KMX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.08   Med: 27.83   Max: 43.56
Current: 13.59

During the past years, CarMax's highest Shiller PE Ratio was 43.56. The lowest was 12.08. And the median was 27.83.

KMX's Shiller PE Ratio is ranked better than
61.52% of 777 companies
in the Vehicles & Parts industry
Industry Median: 18.24 vs KMX: 13.59

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

CarMax's adjusted earnings per share data for the three months ended in May. 2025 was $1.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.95 for the trailing ten years ended in May. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


CarMax Shiller PE Ratio Historical Data

The historical data trend for CarMax's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CarMax Shiller PE Ratio Chart

CarMax Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.74 25.33 14.87 16.43 16.93

CarMax Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.45 17.37 17.21 16.93 13.03

Competitive Comparison of CarMax's Shiller PE Ratio

For the Auto & Truck Dealerships subindustry, CarMax's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CarMax's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, CarMax's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CarMax's Shiller PE Ratio falls into.


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CarMax Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

CarMax's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=67.27/4.95
=13.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CarMax's E10 for the quarter that ended in May. 2025 is calculated as:

For example, CarMax's adjusted earnings per share data for the three months ended in May. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of May. 2025 (Change)*Current CPI (May. 2025)
=1.38/135.3468*135.3468
=1.380

Current CPI (May. 2025) = 135.3468.

CarMax Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201508 0.820 100.548 1.104
201511 0.630 100.135 0.852
201602 0.710 100.040 0.961
201605 0.900 101.355 1.202
201608 0.840 101.617 1.119
201611 0.720 101.829 0.957
201702 0.810 102.779 1.067
201705 1.130 103.256 1.481
201708 0.980 103.587 1.280
201711 0.810 104.072 1.053
201802 0.670 105.052 0.863
201805 1.330 106.148 1.696
201808 1.240 106.383 1.578
201811 1.090 106.338 1.387
201902 1.130 106.649 1.434
201905 1.590 108.048 1.992
201908 1.400 108.245 1.751
201911 1.040 108.519 1.297
202002 1.300 109.139 1.612
202005 0.030 108.175 0.038
202008 1.790 109.662 2.209
202011 1.420 109.793 1.750
202102 1.270 110.968 1.549
202105 2.630 113.576 3.134
202108 1.720 115.421 2.017
202111 1.630 117.269 1.881
202202 0.980 119.703 1.108
202205 1.560 123.323 1.712
202208 0.790 124.958 0.856
202211 0.240 125.607 0.259
202302 0.440 126.928 0.469
202305 1.440 128.314 1.519
202308 0.750 129.538 0.784
202311 0.520 129.548 0.543
202402 0.320 130.930 0.331
202405 0.970 132.509 0.991
202408 0.850 132.816 0.866
202411 0.810 133.110 0.824
202502 0.580 134.624 0.583
202505 1.380 135.347 1.380

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


CarMax  (NYSE:KMX) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


CarMax Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of CarMax's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CarMax Business Description

Traded in Other Exchanges
Address
12800 Tuckahoe Creek Parkway, Richmond, VA, USA, 23238
CarMax sells, finances, and services used and new cars through a chain of around 250 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales were 83% of fiscal 2025 revenue and wholesale about 17%, with the remaining portion composed of extended service plans and repair. In fiscal 2025, the company retailed and wholesaled 789,050 and 544,312 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US but still estimates that it had only about 3.7% US market share of vehicles 0-10 years old in calendar 2024. It seeks over 5% share. CarMax is based in Richmond, Virginia.
Executives
Mitchell D Steenrod director 12800 TUCKAHOE CREEK PKWY, RICHMOND VA 23238
Enrique N Mayor-mora officer: SVP & CFO 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Jill A Livesay officer: VP, Controller & PAO CARMAX, INC., 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Mohammad Shamim officer: SVP and CIO 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
James Lyski officer: SVP & Chief Marketing Officer CARMAX, 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Jon G Daniels officer: SVP, CAF 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
William D Nash officer: EVP, HR & Admin Services 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Charles Joseph Wilson officer: SVP 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Diane L Cafritz officer: SVP & CHRO 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Darren C Newberry officer: SVP 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Ronald E Blaylock director
Edwin J Hill officer: SVP 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Eric M Margolin officer: SVP, Gen. Counsel & Secretary CARMAX, 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Thomas J Folliard officer: Executive Vice President 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
Reedy Thomas W Jr officer: SVP & CFO 12800 TUCKHOE CREEK PARKWAY, RICHMOND VA 23238