What is the price-to-earnings ratio of CarGurus?
The price-earnings ratio of CarGurus is currently 15.71.
CarGurus P/E 2024
CarGurus P/E
15.71
Ticker
CARG
ISIN
US1417881091
WKN
A2DX5H
As of Sep 12, 2024, CarGurus's P/E ratio was 15.71, a -77.62% change from the 70.19 P/E ratio recorded in the previous year.
The CarGurus P/E history
CarGurus Aktienanalyse
What does CarGurus do?
CarGurus Inc is an online automotive search engine that is known worldwide. The company was founded in 2006 by founder Langley Steinert and is headquartered in Cambridge, Massachusetts, USA. CarGurus Inc operates in North America, Europe, and Asia, serving customers in over 30 different countries. The history of CarGurus Inc began when Steinert was searching for a used car and had difficulty finding a reliable and transparent source of information on used vehicles. He found that many of the existing online car search engines provided unreliable or inaccurate information and often did not represent the best deals for buyers. So he decided to found CarGurus Inc and create a platform that provides transparent and reliable car search results. The business model of CarGurus Inc is based on providing information and tools that help buyers find the best price for a vehicle. The platform utilizes complex data analysis and algorithms to find the best deals on used vehicles. CarGurus Inc is free for buyers and does not directly sell cars, but earns money through advertising from car dealers and auto providers. CarGurus Inc operates two different divisions: car buyers and car dealers. For car buyers, the platform is a powerful search engine that brings together over 5 million used cars from dealers and individuals in an online database that is constantly updated. As the platform is operated by independent third parties, it provides buyers with independent reviews of dealers and all available options for buying cars. For car dealers, CarGurus Inc offers extensive tools and services to help make their listings more visible on the platform and achieve the highest benefit for them. Services for car dealers include advanced listing options, online leads, and analytical tools to track competitors. CarGurus Inc works with a variety of partners to create a more comprehensive experience for users. For example, CarGurus Inc is a partner of Accelerated Payment Technologies, a payment processor, and EFG Companies, a provider of insurance products. It also offers a mobile app for both OS, Android, and iOS operating systems, which provides a user-friendly interface for quickly and easily finding cars. Overall, CarGurus Inc has received over a billion dollars in funding from various investors, including Fidelity Ventures and TPG Capital. With these funds, the company will continue to develop its products and services and expand its reach in all areas. In summary, CarGurus Inc is one of the most well-known and fastest-growing companies in the online car search engine industry. The platform provides buyers with unique tools and features to get the best deal on a car and provides car dealers with an effective marketing tool for their listings on the platform. With its global presence and partnerships with various companies, CarGurus Inc will remain an important player in the industry in the future. CarGurus ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering CarGurus's P/E Ratio
The Price to Earnings (P/E) Ratio of CarGurus is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing CarGurus's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of CarGurus is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in CarGurus’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about CarGurus stock
How has the price-earnings ratio of CarGurus changed compared to last year?
The price-to-earnings ratio of CarGurus has increased by -77.62% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of CarGurus high compared to other companies?
Yes, the price-to-earnings ratio of CarGurus is high compared to other companies.
How does an increase in the price-earnings ratio of CarGurus affect the company?
An increase in the price-earnings ratio of CarGurus would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of CarGurus affect the company?
A decrease in the price-earnings ratio of CarGurus would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of CarGurus?
Some factors that influence the price-earnings ratio of CarGurus are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does CarGurus pay?
Over the past 12 months, CarGurus paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, CarGurus is expected to pay a dividend of 0 USD.
What is the dividend yield of CarGurus?
The current dividend yield of CarGurus is .
When does CarGurus pay dividends?
CarGurus pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of CarGurus?
CarGurus paid dividends every year for the past 0 years.
What is the dividend of CarGurus?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is CarGurus located?
CarGurus is assigned to the 'Communication' sector.
Wann musste ich die Aktien von CarGurus kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of CarGurus from 9/12/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/12/2024.
When did CarGurus pay the last dividend?
The last dividend was paid out on 9/12/2024.
What was the dividend of CarGurus in the year 2023?
In the year 2023, CarGurus distributed 0 USD as dividends.
In which currency does CarGurus pay out the dividend?
The dividends of CarGurus are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von CarGurus
Our stock analysis for CarGurus Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of CarGurus Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
