What is the price-to-earnings ratio of Copart?
The price-earnings ratio of Copart is currently 12.11.
Copart P/S 2024
Copart P/S
12.11
Ticker
CPRT
ISIN
US2172041061
WKN
893807
As of Dec 2, 2024, Copart's P/S ratio stood at 12.11, a 10.39% change from the 10.97 P/S ratio recorded in the previous year.
The Copart P/S history
Copart Aktienanalyse
What does Copart do?
Copart Inc is a US company that operates in the vehicle salvage industry. The company was founded in 1982 by Willis Johnson and is headquartered in Dallas, Texas. Copart now operates worldwide and has over 200 facilities in 11 countries. Copart's business model is based on brokering vehicles owned by insurance companies, financial institutions, or private individuals that are in need of repairs or no longer drivable. Copart allows its customers to buy vehicles online, and specifically offers dealerships, workshops, and auto salvage yards the opportunity to purchase a wide range of vehicles at a low cost. The vehicles offered come from the USA or other countries around the world, providing a large selection. The company also offers a range of services related to vehicle salvage. This includes determining the residual value of vehicles, picking up and storing vehicles, and carrying out demolition work. In addition, Copart has an extensive network of authorized sellers and providers who can assess and sell vehicles. In recent years, Copart has also specialized in online vehicle sales. The online sales platform, Copart.com, allows customers to purchase vehicles throughout North America and Europe. The platform offers a wide range of vehicles, including cars, commercial vehicles, motorcycles, and boats. Copart's core business is vehicle salvage, which is divided into four main divisions. In the "insurance industry" division, Copart works with major insurance companies and provides services for the sale of vehicles that have been damaged by accidents or natural disasters. The "financial services" division deals with the salvage of vehicles that borrowers can no longer afford or that have been repossessed. The "vehicle manufacturers" division works with car manufacturers and offers disposal services for expired and decommissioned vehicles. The "other" division includes salvage services for individuals who want to sell their vehicle or need to get rid of it after an accident. Copart must comply with a variety of safety regulations and has a dedicated team of experts to ensure compliance with all regulations. Vehicles must be carefully inspected and classified before they can be released for sale. Overall, Copart's platform allows customers to purchase vehicles and other items worldwide, with a simple and secure process. Customers can access a wide range of offerings on Copart's website, from accident-damaged vehicles to forklifts or construction equipment. Copart has earned its reputation as a leading provider of salvage services and online auctions worldwide. Copart ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Copart's P/S Ratio
Copart's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing Copart's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating Copart's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in Copart’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about Copart stock
How has the price-earnings ratio of Copart changed compared to last year?
The price-to-earnings ratio of Copart has increased by 10.39% increased 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 Copart high compared to other companies?
Yes, the price-to-earnings ratio of Copart is high compared to other companies.
How does an increase in the price-earnings ratio of Copart affect the company?
An increase in the price-earnings ratio of Copart 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 Copart affect the company?
A decrease in the price-earnings ratio of Copart 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 Copart?
Some factors that influence the price-earnings ratio of Copart are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Copart pay?
Over the past 12 months, Copart paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Copart is expected to pay a dividend of 0 USD.
What is the dividend yield of Copart?
The current dividend yield of Copart is .
When does Copart pay dividends?
Copart pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Copart?
Copart paid dividends every year for the past 0 years.
What is the dividend of Copart?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Copart located?
Copart is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Copart kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Copart from 12/2/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/2/2024.
When did Copart pay the last dividend?
The last dividend was paid out on 12/2/2024.
What was the dividend of Copart in the year 2023?
In the year 2023, Copart distributed 0 USD as dividends.
In which currency does Copart pay out the dividend?
The dividends of Copart are distributed in USD.
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Andere Kennzahlen von Copart
Our stock analysis for Copart 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 Copart Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
