Carvana Co (HAM:CV0) PB Ratio: 13.17 (As of Jun. 25, 2026) — 54% Below Median


HAM:CV0 Carvana Co HAM:CV0
73 GF Score
Price €59.27
GF Value €65.90
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Carvana Co PB Ratio?

Carvana Co HAM:CV0 +3.04% 73 PB Ratio is 13.17 as of Jun. 25, 2026, which is 54% below its 10-year median of 28.77. GuruFocus rates HAM:CV0 with a GF Score™ of 73/100 and a GF Value™ of €65.90 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,295 Vehicles & Parts companies, Carvana Co ranks worse than 97.45% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-25), Carvana Co's share price is €59.27. Carvana Co's Book Value per Share for the quarter that ended in Mar. 2026 was €4.50. Hence, Carvana Co's PB Ratio of today is 13.17.

The historical rank and industry rank for Carvana Co's PB Ratio or its related term are showing as below:

HAM:CV0' s PB Ratio Range Over the Past 10 Years
Min: 1.57   Med: 28.77   Max: 148.38
Current: 13.05

During the past 12 years, Carvana Co's highest PB Ratio was 148.38. The lowest was 1.57. And the median was 28.77.

HAM:CV0's PB Ratio is ranked worse than
97.45% of 1295 companies
in the Vehicles & Parts industry
Industry Median: 1.39 vs HAM:CV0: 13.05

During the past 12 months, Carvana Co's average Book Value Per Share Growth Rate was 132.50% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Carvana Co was 47.50% per year. The lowest was -25.20% per year. And the median was 30.65% per year.

Back to Basics: PB Ratio


Carvana Co  (HAM:CV0) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Carvana Co PB Ratio Related Terms


Carvana Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Carvana Co's 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.

Carvana Co PB Ratio Chart

Carvana Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 25.39 22.60 17.65

Carvana Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 18.57 25.25 23.71 17.65 11.32

HAM:CV0 vs PAG, ALTB, LAD: PB Ratio Comparison

For the Auto & Truck Dealerships subindustry, Carvana Co's PB Ratio, along with its competitors' market caps and 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.


Carvana Co PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Carvana Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Carvana Co's PB Ratio falls into.


HAM:CV0
73GF Score
Carvana Co HAM:CV0
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Carvana Co PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Carvana Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=59.27/4.5
=13.17

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 13.17 mean?
Carvana Co (HAM:CV0) has a PB Ratio of 13.17 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Carvana Co and its competitors. This is 54% below median its historical median of 28.77. Over the past decade, Carvana Co's PB Ratio has ranged from 1.57 to 148.38. According to the industry distribution chart, Carvana Co ranks #1262 out of 1295 companies in the Vehicles & Parts industry, placing it in the top 97.5%.
Is Carvana Co's PB Ratio too high?
Carvana Co's current PB Ratio of 13.17 is 54% below median its 10-year median of 28.77. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 148.38. The Vehicles & Parts industry median PB Ratio is 1.39. Carvana Co's value of 13.17 is 847.5% above this industry median. Based on the distribution chart, Carvana Co ranks #1262 out of 1295 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Carvana Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carvana Co's PB Ratio compare to PAG and ALTB?
According to the Vehicles & Parts industry distribution chart, Carvana Co ranks #1262 out of 1295 companies for PB Ratio. This places Carvana Co in the lower half of its industry. The industry median PB Ratio is 1.39. Carvana Co's value of 13.17 is 847.5% above this benchmark. Historically, Carvana Co's own PB Ratio has ranged from 1.57 to 148.38 over the past decade. While the company's 10-year median is 28.77 vs. the industry median of 1.39, Carvana Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.39, based on 1,295 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carvana Co's current PB Ratio of 13.17 is 847.5% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Carvana Co and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carvana Co's current PB Ratio is 13.17, which is 54% below median its own 10-year median of 28.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carvana Co stock overvalued right now?
Based on GuruFocus' analysis, Carvana Co (HAM:CV0) is currently considered Modestly Undervalued. The stock's GF Value™ is €65.90, compared to a current price of €59.27 — trading 10.1% below its estimated fair value. The current PB Ratio is 13.17, which is 54% below median its 10-year median of 28.77 and 847.5% above the Vehicles & Parts industry median of 1.39. Carvana Co's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Carvana Co (HAM:CV0), the current PB Ratio is 13.17 as of Jun. 25, 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 Carvana Co (HAM:CV0) Overvalued in 2026?

Based on GuruFocus' analysis, Carvana Co stock appears to be undervalued. The current stock price of €59.27 is trading 10.1% below its estimated GF Value™ of €65.90. GuruFocus considers Carvana Co to be Modestly Undervalued.

Key valuation signals for HAM:CV0:

  • PB Ratio: 13.17 (54% below median its 10-year median of 28.77)
  • GF Value™: €65.90 vs. price of €59.27 (10.1% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 847.5% above the Vehicles & Parts median (#1262 of 1295)

No single metric tells the full story. See the HAM:CV0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carvana Co Business Description

Address 300 E. Rio Salado Parkway, Tempe, AZ, USA, 85281
Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.
73GF Score

Get the complete analysis for HAM:CV0

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

€59.27
Price
€65.90
GF Value