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CPRT (Copart) E10 : $0.97 (As of Apr. 2025)


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What is Copart E10?

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.

Copart's adjusted earnings per share data for the three months ended in Apr. 2025 was $0.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.97 for the trailing ten years ended in Apr. 2025.

During the past 12 months, Copart's average E10 Growth Rate was 18.30% per year. During the past 3 years, the average E10 Growth Rate was 22.70% per year. During the past 5 years, the average E10 Growth Rate was 24.80% per year. During the past 10 years, the average E10 Growth Rate was 21.80% per year. 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Copart was 26.70% per year. The lowest was 11.90% per year. And the median was 19.50% per year.

As of today (2025-07-15), Copart's current stock price is $45.90. Copart's E10 for the quarter that ended in Apr. 2025 was $0.97. Copart's Shiller PE Ratio of today is 47.32.

During the past 13 years, the highest Shiller PE Ratio of Copart was 87.50. The lowest was 27.65. And the median was 59.64.


Copart E10 Historical Data

The historical data trend for Copart'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.

* Premium members only.

Copart E10 Chart

Copart Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.46 0.59 0.71 0.85

Copart Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 0.82 0.85 0.89 0.92 0.97

Competitive Comparison of Copart's E10

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's Shiller PE Ratio Distribution in the Business Services Industry

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.


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Copart 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, Copart's adjusted earnings per share data for the three months ended in Apr. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=0.42/135.3468*135.3468
=0.420

Current CPI (Apr. 2025) = 135.3468.

Copart Quarterly Data

per share eps CPI Adj_EPS
201507 0.055 100.691 0.074
201510 0.051 100.346 0.069
201601 0.059 99.957 0.080
201604 0.080 100.947 0.107
201607 0.089 101.524 0.119
201610 0.175 101.988 0.232
201701 0.070 102.456 0.092
201704 0.095 103.167 0.125
201707 0.075 103.278 0.098
201710 0.080 104.070 0.104
201801 0.108 104.578 0.140
201804 0.130 105.708 0.166
201807 0.113 106.324 0.144
201810 0.118 106.695 0.150
201901 0.138 106.200 0.176
201904 0.203 107.818 0.255
201907 0.160 108.250 0.200
201910 0.228 108.577 0.284
202001 0.178 108.841 0.221
202004 0.155 108.173 0.194
202007 0.173 109.318 0.214
202010 0.208 109.861 0.256
202101 0.203 110.364 0.249
202104 0.298 112.673 0.358
202107 0.265 115.183 0.311
202110 0.270 116.696 0.313
202201 0.300 118.619 0.342
202204 0.290 121.978 0.322
202207 0.275 125.002 0.298
202210 0.250 125.734 0.269
202301 0.300 126.223 0.322
202304 0.360 127.992 0.381
202307 0.360 128.974 0.378
202310 0.340 129.810 0.355
202401 0.330 130.124 0.343
202404 0.390 132.289 0.399
202407 0.330 132.708 0.337
202410 0.370 133.182 0.376
202501 0.400 134.029 0.404
202504 0.420 135.347 0.420

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


Copart  (NAS:CPRT) 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.

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

Shiller PE Ratio=Share Price/E10
=45.90/0.97
=47.32

* 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 13 years, the highest Shiller P/E Ratio of Copart was 87.50. The lowest was 27.65. And the median was 59.64.


Be Aware

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


Copart E10 Related Terms

Thank you for viewing the detailed overview of Copart's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Copart Business Description

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