CarMaxMEX:KMX 58 PB Ratio is 1.14 as of Jun. 26, 2026, which is 65% below its 10-year median of 3.29. GuruFocus rates MEX:KMX with a GF Score™ of 58/100 and a GF Value™ of MXN1,351.49 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,295 Vehicles & Parts companies, CarMax ranks better than 53.75% 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 (2026-06-26), CarMax's share price is MXN850.00. CarMax's Book Value per Share for the quarter that ended in May. 2026 was MXN748.06. Hence, CarMax's PB Ratio of today is 1.14.
The historical rank and industry rank for CarMax's PB Ratio or its related term are showing as below:
MEX:KMX'
s PB Ratio Range Over the Past 10 Years
Min: 0.77 Med: 3.29 Max: 5.11
Current: 1.23
During the past 13 years, CarMax's highest PB Ratio was 5.11. The lowest was 0.77. And the median was 3.29.
MEX:KMX's PB Ratio is ranked better than 53.75% of 1295
companies
in the Vehicles & Parts industry
Industry Median: 1.38
vs MEX:KMX: 1.23
During the past 12 months, CarMax's average Book Value Per Share Growth Rate was 3.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CarMax was 21.00% per year. The lowest was -26.40% per year. And the median was 11.50% per year.
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.
CarMax PB Ratio Related Terms
CarMax PB Ratio Historical Data
* Premium members only.
The historical data trend for CarMax'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.
For the Auto & Truck Dealerships subindustry, CarMax'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.
CarMax PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, CarMax's PB Ratio distribution charts can be found below:
* The bar in red indicates where CarMax's PB Ratio falls into.
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.
CarMax's PB Ratio for today is calculated as follows:
* 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.
CarMax (MEX:KMX) has a PB Ratio of 1.14 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CarMax and its competitors. This is 65% below median its historical median of 3.29. Over the past decade, CarMax's PB Ratio has ranged from 0.77 to 5.11. According to the industry distribution chart, CarMax ranks #599 out of 1295 companies in the Vehicles & Parts industry, placing it in the top 46.3%.
Is CarMax's PB Ratio too high?
CarMax's current PB Ratio of 1.14 is 65% below median its 10-year median of 3.29. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 5.11. The Vehicles & Parts industry median PB Ratio is 1.38. CarMax's value of 1.14 is 17.4% below this industry median. Based on the distribution chart, CarMax ranks #599 out of 1295 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, CarMax has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CarMax's PB Ratio compare to AN and LAD?
According to the Vehicles & Parts industry distribution chart, CarMax ranks #599 out of 1295 companies for PB Ratio. This puts CarMax in the upper half of its industry. The industry median PB Ratio is 1.38. CarMax's value of 1.14 is 17.4% below this benchmark. Historically, CarMax's own PB Ratio has ranged from 0.77 to 5.11 over the past decade. While the company's 10-year median is 3.29 vs. the industry median of 1.38, CarMax has consistently been below 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 1.38, 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. CarMax's current PB Ratio of 1.14 is 17.4% below 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 CarMax and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CarMax's current PB Ratio is 1.14, which is 65% below median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CarMax stock overvalued right now?
Based on GuruFocus' analysis, CarMax (MEX:KMX) is currently considered Possible Value Trap. The stock's GF Value™ is MXN1,351.49, compared to a current price of MXN850.00 — trading 37.1% below its estimated fair value. The current PB Ratio is 1.14, which is 65% below median its 10-year median of 3.29 and 17.4% below the Vehicles & Parts industry median of 1.38. CarMax's overall GF Score™ is 58/100 with 5 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 CarMax (MEX:KMX), the current PB Ratio is 1.14 as of Jun. 26, 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 CarMax (MEX:KMX) Overvalued in 2026?
Based on GuruFocus' analysis, CarMax stock appears to be undervalued.
The current stock price of MXN850.00 is trading 37.1% below its estimated GF Value™ of MXN1,351.49.
GuruFocus considers CarMax to be Possible Value Trap.
Key valuation signals for MEX:KMX:
PB Ratio: 1.14 (65% below median its 10-year median of 3.29)
GF Value™: MXN1,351.49 vs. price of MXN850.00 (37.1% below fair value)
Industry Position: 17.4% below the Vehicles & Parts median (#599 of 1295)
No single metric tells the full story. See the MEX:KMX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CarMax sells, finances, and services used and new cars through a chain of over about 260 retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales were 80% of fiscal 2026 revenue and wholesale about 17%, with the remaining portion composed of extended service plans and repair. In fiscal 2026, the company retailed and wholesaled 780,684 and 538,203 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US, but still estimates that it had only about 3.6% US market share of vehicles zero to 10 years old in calendar 2025. CarMax is based in Richmond, Virginia.
58GF Score
Get the complete analysis for MEX:KMX
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:KMX has been successfully added to your 
