Carmax Inc P/E
What is the P/E of Carmax Inc?
The P/E of Carmax Inc is 29.38
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Consumer Discretionary sector on NYSE compared to Carmax Inc
What does Carmax Inc do?
we always knew there had to be a better way to buy used cars. one that would make the process easy and fun. so we created carmax, and we've been changing the way america buys cars since we opened our first store in richmond, virginia in 1993. through hard work and dedication, we've grown from that one store in richmond to more than 150 stores across the country. we are selling almost 600,000 vehicles a year. and the news is buzzing with stories about carmax, the experience we offer our customers, and the work environment we provide for our associates. in fact, we know our associates are fundamental to our success and are the key to our future growth. in fact, carmax is listed on the fortune® 500 list, and we've been named one of fortune's "100 best companies to work for" 11 years running. we're also named as one of training magazine's top training 125 year after year. in 2015, we were also recognized by great place to work® and fortune as one of the 50 best workplaces for diversity
Companies with p/e similar to Carmax Inc
- Kimberly-Clark has P/E of 29.34
- Welspun Corp has P/E of 29.34
- Robertet SA has P/E of 29.35
- VRL Logistics has P/E of 29.36
- Brampton Brick has P/E of 29.36
- Shaw Communications has P/E of 29.37
- Carmax Inc has P/E of 29.38
- Austerlitz Acquisition I has P/E of 29.38
- OneSpaWorld has P/E of 29.38
- Gokaldas Exports has P/E of 29.39
- Electromed has P/E of 29.40
- Viemed Healthcare Inc has P/E of 29.40
- Allsec Technologies has P/E of 29.41