CARG (CarGurus) E10: $0.45 (As of Mar. 2026)


CARG CarGurus Inc CARG
82 GF Score
Price $32.97
GF Value $40.25
Valuation Modestly Undervalued
! 3 Warning Signs
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What is CarGurus E10?

CarGurus CARG +6.48% 82 E10 is $0.45 as of Mar. 2026. GuruFocus rates CARG with a GF Score™ of 82/100 and a GF Value™ of $40.25 (Modestly Undervalued). The stock has 3 warning signs investors should review.

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

CarGurus's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.45 for the trailing ten years ended in Mar. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2026-06-28), CarGurus's current stock price is $32.97. CarGurus's E10 for the quarter that ended in Mar. 2026 was $0.45. CarGurus's Shiller PE Ratio of today is 73.27.

During the past 11 years, the highest Shiller PE Ratio of CarGurus was 83.60. The lowest was 60.38. And the median was 73.27.


CarGurus  (NAS:CARG) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

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

CarGurus's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=32.97/0.45
=73.27

* 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.

During the past 11 years, the highest Shiller P/E Ratio of CarGurus was 83.60. The lowest was 60.38. And the median was 73.27.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


CarGurus E10 Related Terms


CarGurus E10 Historical Data

* Premium members only.

The historical data trend for CarGurus's E10 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.

CarGurus E10 Chart

CarGurus Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

CarGurus Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 0.00 0.00 0.00 0.00 0.45

CARG vs SAH, MCW, DRVN: E10 Comparison

For the Auto & Truck Dealerships subindustry, CarGurus'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.


CarGurus Shiller PE Ratio vs Vehicles & Parts Industry

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

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


CARG
82GF Score
CarGurus Inc CARG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CarGurus E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, CarGurus's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.34/330.2130*330.2130
=0.340

Current CPI (Mar. 2026) = 330.2130.

CarGurus Quarterly Data

per share eps CPI Adj_EPS
201512 0.000 236.525 0.000
201609 0.009 241.428 0.012
201612 -0.260 241.432 -0.356
201703 0.017 243.801 0.023
201706 0.017 244.955 0.023
201709 0.009 246.819 0.012
201712 0.020 246.524 0.027
201803 0.050 249.554 0.066
201806 0.290 251.989 0.380
201809 0.120 252.439 0.157
201812 0.110 251.233 0.145
201903 0.110 254.202 0.143
201906 0.050 256.143 0.064
201909 0.090 256.759 0.116
201912 0.120 256.974 0.154
202003 0.110 258.115 0.141
202006 0.060 257.797 0.077
202009 0.290 260.280 0.368
202012 0.220 260.474 0.279
202103 0.190 264.877 0.237
202106 0.230 271.696 0.280
202109 0.240 274.310 0.289
202112 -0.680 278.802 -0.805
202203 -0.530 287.504 -0.609
202206 -0.090 296.311 -0.100
202209 0.140 296.808 0.156
202212 0.200 296.797 0.223
202303 0.100 301.836 0.109
202306 0.120 305.109 0.130
202309 0.170 307.789 0.182
202312 -0.210 306.746 -0.226
202403 0.200 312.332 0.211
202406 -0.660 314.175 -0.694
202409 0.210 315.301 0.220
202412 0.430 315.605 0.450
202503 0.370 319.799 0.382
202506 0.220 322.561 0.225
202509 0.450 324.800 0.457
202512 1.070 324.054 1.090
202603 0.340 330.213 0.340

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.45 mean?
CarGurus (CARG) has a E10 of $0.45 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CarGurus and its competitors.
Is CarGurus' E10 too high?
CarGurus' current E10 is $0.45. Overall, CarGurus has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CarGurus' E10 compare to SAH and MCW?
CarGurus' E10 of $0.45 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CarGurus and its competitors. CarGurus's current E10 is $0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CarGurus stock overvalued right now?
Based on GuruFocus' analysis, CarGurus (CARG) is currently considered Modestly Undervalued. The stock's GF Value™ is $40.25, compared to a current price of $32.97 — trading 18.1% below its estimated fair value. The current E10 is $0.45. CarGurus' overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For CarGurus (CARG), the current E10 is $0.45 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CarGurus (CARG) Overvalued in 2026?

Based on GuruFocus' analysis, CarGurus stock appears to be undervalued. The current stock price of $32.97 is trading 18.1% below its estimated GF Value™ of $40.25. GuruFocus considers CarGurus to be Modestly Undervalued.

Key valuation signals for CARG:

  • E10: $0.45
  • GF Value™: $40.25 vs. price of $32.97 (18.1% below fair value)
  • GF Score™: 82/100 with 3 warning signs

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


CarGurus Business Description

Address 1001 Boylston Street, 16th Floor, Boston, MA, USA, 02115
CarGurus Inc is a company that acts as an online automotive marketplace connecting buyers and sellers of new and used cars. It provides three types of marketplace Listing products, Restricted Listings, and Enhanced or Featured Listings, through which it offers real-time and historical data analyzing the connections and pricing analysis. The listing platforms offer auto manufacturers and others to buy advertising on the company's site and target consumers based on the make, model, and zip code of the cars. The company operates through two segments, namely U.S. Marketplace and Digital Wholesale. It generates maximum revenue from the U.S. Marketplace segment. Geographically, the company derives its key revenue from the United States and the rest from international markets.
82GF Score

Get the complete analysis for CARG

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.97
Price
$40.25
GF Value