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CPRT (Copart) Cyclically Adjusted PB Ratio : 12.47 (As of Jun. 24, 2025)


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What is Copart Cyclically Adjusted PB Ratio?

As of today (2025-06-24), Copart's current share price is $48.65. Copart's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was $3.90. Copart's Cyclically Adjusted PB Ratio for today is 12.47.

The historical rank and industry rank for Copart's Cyclically Adjusted PB Ratio or its related term are showing as below:

CPRT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.39   Med: 15.95   Max: 25.88
Current: 12.25

During the past years, Copart's highest Cyclically Adjusted PB Ratio was 25.88. The lowest was 5.39. And the median was 15.95.

CPRT's Cyclically Adjusted PB Ratio is ranked worse than
95.88% of 704 companies
in the Business Services industry
Industry Median: 1.53 vs CPRT: 12.25

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Copart's adjusted book value per share data for the three months ended in Apr. 2025 was $9.083. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $3.90 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Copart Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Copart's Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio Chart

Copart Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.11 24.00 15.61 17.00 15.92

Copart Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Cyclically Adjusted PB 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 17.44 15.92 14.83 15.78 15.67

Competitive Comparison of Copart's Cyclically Adjusted PB Ratio

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

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

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


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Copart Cyclically Adjusted PB Ratio Calculation

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

Copart's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=48.65/3.90
=12.47

* 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 Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, Copart's adjusted Book Value per Share data for the three months ended in Apr. 2025 was:

Adj_Book=Book Value per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=9.083/135.3468*135.3468
=9.083

Current CPI (Apr. 2025) = 135.3468.

Copart Quarterly Data

Book Value per Share CPI Adj_Book
201507 1.003 100.691 1.348
201510 1.057 100.346 1.426
201601 0.816 99.957 1.105
201604 0.820 100.947 1.099
201607 0.879 101.524 1.172
201610 0.881 101.988 1.169
201701 0.976 102.456 1.289
201704 1.092 103.167 1.433
201707 1.191 103.278 1.561
201710 1.285 104.070 1.671
201801 1.436 104.578 1.859
201804 1.572 105.708 2.013
201807 1.690 106.324 2.151
201810 1.786 106.695 2.266
201901 1.610 106.200 2.052
201904 1.769 107.818 2.221
201907 1.935 108.250 2.419
201910 2.072 108.577 2.583
202001 2.274 108.841 2.828
202004 2.430 108.173 3.040
202007 2.645 109.318 3.275
202010 2.870 109.861 3.536
202101 3.113 110.364 3.818
202104 3.434 112.673 4.125
202107 3.723 115.183 4.375
202110 3.999 116.696 4.638
202201 4.306 118.619 4.913
202204 4.580 121.978 5.082
202207 4.858 125.002 5.260
202210 5.095 125.734 5.485
202301 5.470 126.223 5.865
202304 5.860 127.992 6.197
202307 6.254 128.974 6.563
202310 6.677 129.810 6.962
202401 7.061 130.124 7.344
202404 7.452 132.289 7.624
202407 7.813 132.708 7.968
202410 8.195 133.182 8.328
202501 8.593 134.029 8.678
202504 9.083 135.347 9.083

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Copart  (NAS:CPRT) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Copart Cyclically Adjusted PB Ratio Related Terms

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


Copart Business Description

Industry
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
Steven D Cohan director
James E Meeks director
Daniel J Englander director C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE #200, BENTONVILLE AR 72712
Matt Blunt director C/O COPART, INC., 4665 BUSINESS CENTER DRIVE, FAIRFIELD CA 94534
Diane M Morefield director 200 W. MADISON STREET, SUITE 1700, CHICAGO IL 60606
Thomas N Tryforos director 323 RAILROAD AVE, GREENWICH CT 06830
A Jayson Adair director, officer: Chief Executive Officer
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
Leah C Stearns officer: Chief Financial Officer C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
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