P/E ratio for CarMax (KMX)

P/E ratio history for CarMax from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
AutoNation AN	7.24	-74.24%	🇺🇸 USA
Copart CPRT	43.9	56.40%	🇺🇸 USA
Penske Automotive PAG	9.55	-66.01%	🇺🇸 USA
Group 1 Automotive GPI	9.02	-67.88%	🇺🇸 USA
Rush Enterprises RUSHA	13.2	-52.90%	🇺🇸 USA
OPENLANE Corporate KAR	-11.9	-142.29%	🇺🇸 USA
America's Car-Mart CRMT	25.2	-10.35%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.