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CarTrade Tech (NSE:CARTRADE) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
CarTrade Tech Forward PE Ratio Related Terms
CarTrade Tech Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for CarTrade Tech's Forward 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.
CarTrade Tech Forward PE Ratio Chart
CarTrade Tech Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
49.26
31.10
CarTrade Tech Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
54.55
49.26
45.98
64.74
47.87
31.10
47.07
NSE:CARTRADE vs CVNA, PAG, KMX: Forward PE Ratio Comparison
For the Auto & Truck Dealerships subindustry, CarTrade Tech's Forward PE Ratio, along with its competitors' market caps and Forward 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.
CarTrade Tech Forward PE Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, CarTrade Tech's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where CarTrade Tech's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
CarTrade Tech (NSE:CARTRADE) has a Forward PE Ratio of 47.18 as of Aug. 08, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on CarTrade Tech and its competitors. According to the industry distribution chart, CarTrade Tech ranks #545 out of 599 companies in the Vehicles & Parts industry, placing it in the top 91%.
Is CarTrade Tech's Forward PE Ratio too high?
CarTrade Tech's current Forward PE Ratio is 47.18. The Vehicles & Parts industry median Forward PE Ratio is 13.88. CarTrade Tech's value of 47.18 is 239.9% above this industry median. Based on the distribution chart, CarTrade Tech ranks #545 out of 599 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, CarTrade Tech has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CarTrade Tech's Forward PE Ratio compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, CarTrade Tech ranks #545 out of 599 companies for Forward PE Ratio. This places CarTrade Tech in the lower half of its industry. The industry median Forward PE Ratio is 13.88. CarTrade Tech's value of 47.18 is 239.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Vehicles & Parts company?
The median Forward PE Ratio among Vehicles & Parts companies is 13.88, based on 599 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CarTrade Tech's current Forward PE Ratio of 47.18 is 239.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on CarTrade Tech and its competitors. For the Vehicles & Parts industry, the median Forward PE Ratio is 13.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CarTrade Tech's current Forward PE Ratio is 47.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CarTrade Tech stock overvalued right now?
Based on GuruFocus' analysis, CarTrade Tech (NSE:CARTRADE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2,017.22, compared to a current price of ₹2,793.00 — trading 38.5% above its estimated fair value. The current Forward PE Ratio is 47.18 and 239.9% above the Vehicles & Parts industry median of 13.88. CarTrade Tech's overall GF Score™ is 78/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For CarTrade Tech (NSE:CARTRADE), the current Forward PE Ratio is 47.18 as of Aug. 08, 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 CarTrade Tech (NSE:CARTRADE) Overvalued in 2026?
Based on GuruFocus' analysis, CarTrade Tech stock appears to be overvalued.
The current stock price of ₹2,793.00 is trading 38.5% above its estimated GF Value™ of ₹2,017.22.
GuruFocus considers CarTrade Tech to be Significantly Overvalued.
Key valuation signals for NSE:CARTRADE:
Forward PE Ratio: 47.18
GF Value™: ₹2,017.22 vs. price of ₹2,793.00 (38.5% above fair value)
Industry Position: 239.9% above the Vehicles & Parts median (#545 of 599)
No single metric tells the full story. See the NSE:CARTRADE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CarTrade Tech Ltd is a multi-channel auto platform provider company. The company operates brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The platform connects new and used automobile customers, vehicle dealers, vehicle OEMs, and other businesses to buy and sell different types of vehicles. The company operates within three segments: the Consumer Group, Remarketing Group, and Classifieds Group.
78GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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