>
Switch to:

Copart PE Ratio

: 25.99 (As of Today)
View and export this data going back to 1994. Start your Free Trial

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2022-05-27), Copart's share price is $116.69. Copart's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2022 was $4.49. Therefore, Copart's PE Ratio for today is 25.99.


The historical rank and industry rank for Copart's PE Ratio or its related term are showing as below:

CPRT' s PE Ratio Range Over the Past 10 Years
Min: 15.78   Med: 24.88   Max: 44.65
Current: 25.98


During the past 13 years, the highest PE Ratio of Copart was 44.65. The lowest was 15.78. And the median was 24.88.


CPRT's PE Ratio is ranked worse than
66.45% of 915 companies
in the Vehicles & Parts industry
Industry Median: 16.18 vs CPRT: 25.98

Copart's Earnings per Share (Diluted) for the three months ended in Apr. 2022 was $1.16. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2022 was $4.49.

As of today (2022-05-27), Copart's share price is $116.69. Copart's EPS without NRI for the trailing twelve months (TTM) ended in Apr. 2022 was $4.49. Therefore, Copart's PE Ratio without NRI for today is 25.99.

During the past 13 years, Copart's highest PE Ratio without NRI was 44.65. The lowest was 15.78. And the median was 24.88.

Copart's EPS without NRI for the three months ended in Apr. 2022 was $1.16. Its EPS without NRI for the trailing twelve months (TTM) ended in Apr. 2022 was $4.49.

During the past 12 months, Copart's average EPS without NRI Growth Rate was 27.60% per year. During the past 3 years, the average EPS without NRI Growth Rate was 31.10% per year. During the past 5 years, the average EPS without NRI Growth Rate was 26.90% per year. During the past 10 years, the average EPS without NRI Growth Rate was 22.10% per year.

During the past 13 years, Copart's highest 3-Year average EPS without NRI Growth Rate was 43.00% per year. The lowest was 6.50% per year. And the median was 20.40% per year.

Copart's EPS (Basic) for the three months ended in Apr. 2022 was $1.17. Its EPS (Basic) for the trailing twelve months (TTM) ended in Apr. 2022 was $4.56.


Copart PE Ratio Historical Data

The historical data trend for Copart's 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.

* Premium members only.

Copart Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.97 33.17 31.52 31.83 37.69

Copart Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 35.37 37.69 37.51 28.60 25.31

Competitive Comparison

For the Auto & Truck Dealerships subindustry, Copart's PE Ratio, along with its competitors' market caps and 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 PE Ratio Distribution

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

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



Copart PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Copart's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=116.69/4.490
=25.99

Copart's Share Price of today is $116.69.
Copart's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.49.

* 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:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Copart  (NAS:CPRT) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items 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.


Copart PE Ratio Related Terms

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


Copart Business Description

Copart logo
Industry
Consumer Cyclical » Vehicles & Parts NAICS : 441110 SIC : 5511
Traded in Other Exchanges
Address
14185 Dallas Parkway, Suite 300, Dallas, TX, USA, 75254
Copart Inc is a provider of online auctions and vehicle remarketing services targeted primarily at insurance companies, car dealerships, fleet operators, and vehicle rental companies. The majority of the vehicles sold through Copart's services are either damaged or recovered stolen vehicles. Copart principally sells to vehicle dismantlers, rebuilders, used vehicle importers and exporters and the general public. The company generates revenue from fees paid by vehicle sellers and buyers and/or purchasing and reselling vehicles on its own account. Its main markets include North America and the British Isles.
Executives
North John F officer: Chief Financial Officer 150 N. BARTLETT STREET MEDFORD OR 97501
Liaw Jeffrey officer: Chief Financial Officer 301 COMMERCE STREET SUITE 3300 FORT WORTH TX 76102
Adair A Jayson director, officer: Chief Executive Officer PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: ADAIR A JAYSON a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Johnson Willis J director, officer: Chairman of the Board PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: JOHNSON WILLIS J a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Blunt Matt director C/O COPART, INC. 4665 BUSINESS CENTER DRIVE FAIRFIELD CA 94534
Tryforos Thomas N director 323 RAILROAD AVE GREENWICH CT 06830
Cohan Steven D director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: COHAN STEVEN D a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Meeks James E director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: MEEKS JAMES E a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Morefield Diane M director 200 W. MADISON STREET SUITE 1700 CHICAGO IL 60606
Fisher Stephen director C/O EBAY INC. 2065 HAMILTON AVENUE SAN JOSE X1 95125
Franklin William E officer: Executive Vice President 3399 PEACHTREE RD NE STE 700 ATLANTA GA 30326
Mitz Vincent W director, officer: President PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: MITZ VINCENT W a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Bhatia Vikrant officer: EVP Strategic Initiatives 511 E. JOHN CARPENTER FREEWAY SUITE 600 IRVING TX 75062
Prasad Rama officer: SVP, Chief Technology Officer 1250 N ARLINGTON HEIGHTS RD STE 500 ITASCA IL 60143
Eldridge Sean officer: SVP, Chief Operating Officer COPART, INC 14185 DALLAS PARKWAY, SUITE 300 DALLAS TX 75254

Copart Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)