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Copart (Copart) Shiller PE Ratio

: 69.09 (As of Today)
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As of today (2024-04-18), Copart's current share price is $53.20. Copart's E10 for the quarter that ended in Jan. 2024 was $0.77. Copart's Shiller PE Ratio for today is 69.09.

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

CPRT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.65   Med: 51.72   Max: 87.5
Current: 69.09

During the past years, Copart's highest Shiller PE Ratio was 87.50. The lowest was 27.65. And the median was 51.72.

CPRT's Shiller PE Ratio is ranked worse than
89.96% of 508 companies
in the Business Services industry
Industry Median: 18.965 vs CPRT: 69.09

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.

Copart's adjusted earnings per share data for the three months ended in Jan. 2024 was $0.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.77 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Copart Shiller PE Ratio Historical Data

The historical data trend for Copart'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.

Copart Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.81 65.94 80.67 54.34 61.94

Copart Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 52.10 58.33 61.94 58.27 62.24

Competitive Comparison

For the Specialty Business Services subindustry, Copart'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.


Copart Shiller PE Ratio Distribution

For the Business Services industry and Industrials sector, Copart's Shiller PE Ratio distribution charts can be found below:

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



Copart 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.

Copart's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=53.20/0.77
=69.09

* 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.

Copart's E10 for the quarter that ended in Jan. 2024 is calculated as:

For example, Copart's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.33/129.4194*129.4194
=0.330

Current CPI (Jan. 2024) = 129.4194.

Copart Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 0.039 100.023 0.050
201407 0.049 100.520 0.063
201410 0.050 100.176 0.065
201501 0.050 98.604 0.066
201504 0.055 99.824 0.071
201507 0.055 100.691 0.071
201510 0.051 100.346 0.066
201601 0.059 99.957 0.076
201604 0.080 100.947 0.103
201607 0.089 101.524 0.113
201610 0.175 101.988 0.222
201701 0.070 102.456 0.088
201704 0.095 103.167 0.119
201707 0.075 103.278 0.094
201710 0.080 104.070 0.099
201801 0.108 104.578 0.134
201804 0.130 105.708 0.159
201807 0.113 106.324 0.138
201810 0.118 106.695 0.143
201901 0.138 106.200 0.168
201904 0.203 107.818 0.244
201907 0.160 108.250 0.191
201910 0.228 108.577 0.272
202001 0.178 108.841 0.212
202004 0.155 108.173 0.185
202007 0.173 109.318 0.205
202010 0.208 109.861 0.245
202101 0.203 110.364 0.238
202104 0.298 112.673 0.342
202107 0.265 115.183 0.298
202110 0.270 116.696 0.299
202201 0.300 118.619 0.327
202204 0.290 121.978 0.308
202207 0.275 125.002 0.285
202210 0.250 125.734 0.257
202301 0.300 126.223 0.308
202304 0.360 127.992 0.364
202307 0.360 128.974 0.361
202310 0.340 129.810 0.339
202401 0.330 129.419 0.330

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.


Copart  (NAS:CPRT) 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.


Copart Shiller PE Ratio Related Terms

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


Copart (Copart) Business Description

Traded in Other Exchanges
Address
14185 Dallas Parkway, Suite 300, Dallas, TX, USA, 75254
Based in Dallas, Copart operates an online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 3.5 million transactions annually. The company utilizes its virtual bidding platform, VB3, to connect vehicle sellers with over 750,000 registered buyers around the world. Buyers primarily consist of vehicle dismantlers, rebuilders, individuals and used vehicle retailers. About 80% of Copart's vehicle volume is supplied by auto insurance companies holding vehicles deemed a total loss. Copart also offers services such as vehicle transportation, storage, title transfer, and salvage value estimation. The company primarily operates on a consignment basis and collects fees based on the vehicle's final selling price.
Executives
Daniel J Englander director C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE #200, BENTONVILLE AR 72712
Willis J Johnson director, 10 percent owner, officer: Chairman of the Board
Stephen Fisher director C/O EBAY INC., 2065 HAMILTON AVENUE, SAN JOSE X1 95125
Matt Blunt director C/O COPART, INC., 4665 BUSINESS CENTER DRIVE, FAIRFIELD CA 94534
A Jayson Adair director, officer: Chief Executive Officer
Steven D Cohan director
James E Meeks director
Thomas N Tryforos director 323 RAILROAD AVE, GREENWICH CT 06830
Leah C Stearns officer: Chief Financial Officer C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Diane M Morefield director 200 W. MADISON STREET, SUITE 1700, CHICAGO IL 60606
Carl Sparks director 4315 NORTHAVEN ROAD, DALLAS TX 75229
Jeffrey Liaw officer: Chief Financial Officer 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Cherylyn Harley Lebon director C/O COPART, INC., 14185 DALLAS PARKWAY, SUITE 300, DALLAS TX 75254
John F North officer: Chief Financial Officer 150 N. BARTLETT STREET, MEDFORD OR 97501
William E Franklin officer: Executive Vice President 3399 PEACHTREE RD NE STE 700, ATLANTA GA 30326

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