CPRT (Copart) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CPRT Copart Inc CPRT
86 GF Score
Price $28.91
GF Value $56.99
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Copart Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Copart  (NAS:CPRT) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Copart Cyclically Adjusted PS Ratio Related Terms


Copart Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Copart's Cyclically Adjusted PS 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.

Copart Cyclically Adjusted PS Ratio Chart

Copart Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25 Jul26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.96 17.84 18.44 13.98 7.96

Copart Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Cyclically Adjusted PS 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 13.87 12.78 11.79 9.12 7.84

CPRT vs GPN, ARMK, ULS: Cyclically Adjusted PS Ratio Comparison

For the Specialty Business Services subindustry, Copart's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Business Services Industry

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

* The bar in red indicates where Copart's Cyclically Adjusted PS Ratio falls into.


CPRT
86GF Score
Copart Inc CPRT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Copart Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Copart's Cyclically Adjusted Revenue per Share for the quarter that ended in Jul. 2026 is calculated as:

For example, Copart's adjusted Revenue per Share data for the three months ended in Jul. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=1.236/333.9180*333.9180
=1.236

Current CPI (Jul. 2026) = 333.9180.

Copart Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201610 0.364 241.729 0.503
201701 0.371 242.839 0.510
201704 0.394 244.524 0.538
201707 0.398 244.786 0.543
201710 0.439 246.663 0.594
201801 0.476 247.867 0.641
201804 0.492 250.546 0.656
201807 0.460 252.006 0.610
201810 0.471 252.885 0.622
201901 0.504 251.712 0.669
201904 0.581 255.548 0.759
201907 0.569 256.571 0.741
201910 0.581 257.346 0.754
202001 0.603 257.971 0.781
202004 0.577 256.389 0.751
202007 0.550 259.101 0.709
202010 0.618 260.388 0.793
202101 0.642 261.582 0.820
202104 0.764 267.054 0.955
202107 0.778 273.003 0.952
202110 0.840 276.589 1.014
202201 0.899 281.148 1.068
202204 0.976 289.109 1.127
202207 0.917 296.276 1.034
202210 0.926 298.012 1.038
202301 0.991 299.170 1.106
202304 1.056 303.363 1.162
202307 1.028 305.691 1.123
202310 1.050 307.671 1.140
202401 1.047 308.417 1.134
202404 1.154 313.548 1.229
202407 1.095 314.540 1.162
202410 1.174 315.664 1.242
202501 1.190 317.671 1.251
202504 1.239 320.795 1.290
202507 1.151 323.048 1.190
202510 1.182 0.000
202601 1.150 325.252 1.181
202604 1.312 333.020 1.316
202607 1.236 333.918 1.236

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.

Is Copart (CPRT) Overvalued in 2026?

Based on GuruFocus' analysis, Copart stock appears to be undervalued. The current stock price of $28.91 is trading 49.3% below its estimated GF Value™ of $56.99. GuruFocus considers Copart to be Significantly Undervalued.

Key valuation signals for CPRT:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $56.99 vs. price of $28.91 (49.3% below fair value)
  • GF Score™: 86/100 with 4 warning signs

No single metric tells the full story. See the CPRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Copart Business Description

Address 14185 Dallas Parkway, Suite 300, Dallas, TX, USA, 75254
Based in Dallas, Copart operates a global online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 4 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.
86GF Score

Get the complete analysis for CPRT

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$28.91
Price
$56.99
GF Value