Carvana
CVNA
#752
Rank
ยฃ20.86 B
Marketcap
ยฃ178.38
Share price
0.58%
Change (1 day)
322.21%
Change (1 year)
Carvana is an online used car retailer based in Tempe, Arizona.

P/E ratio for Carvana (CVNA)

P/E ratio as of December 2024 (TTM): -18.1

According to Carvana's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -18.1434. At the end of 2022 the company had a P/E ratio of -0.3054.

P/E ratio history for Carvana from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.3054-99.79%
2021-14669.19%
2020-86.2126.53%
2019-38.0153.5%
2018-15.0181.15%
2017-5.34

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
0.0427-100.24%๐Ÿ‡จ๐Ÿ‡ณ China
-0.1721-99.05%๐Ÿ‡บ๐Ÿ‡ธ USA
103-668.16%๐Ÿ‡จ๐Ÿ‡ณ China

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.