Instacart (Maplebear Inc.) (CART) P/E Ratio History
Historical price-to-earnings valuation from 2024 to 2026
Loading P/E history...
CART Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 7, 2026, Instacart (Maplebear Inc.) (CART) trades at a price-to-earnings ratio of 25.1x, with a stock price of $40.21 and trailing twelve-month earnings per share of $1.91.
The current P/E is roughly in line with its 5-year average of 24.6x. Over the past five years, CART's P/E has ranged from a low of 20.1x to a high of 28.1x, placing the current valuation at the 29th percentile of its historical range.
Compared to the Consumer Cyclical sector median P/E of 19.6x, CART trades at a 28% premium to its sector peers. The sector includes 301 companies with P/E ratios ranging from 0.1x to 199.0x.
Relative to the broader market, CART trades roughly in line with the S&P 500 median P/E of 25.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our CART DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
CART P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $73B | 78.9 | - | +634%Best | |
| $163B | 16.7 | - | +4% | |
| $3.0T | 38.3 | 1.37 | +30% | |
| $1.0T | 47.6 | 4.33 | +13% | |
| $42B | 42.9 | - | -58% | |
| $3B | 14.1Lowest | - | +297% | |
| $4.8T | 36.8 | 1.23 | +34% | |
| $11B | 26.4 | 2.00 | +17% | |
| $8B | 131.2 | 2.80 | -44% | |
| $35B | 19.7 | 0.36Best | -4% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
CART Historical P/E Data (2024–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $37.46 | $1.79 | 20.9x | -15% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $44.98 | $1.60 | 28.1x | +14% |
| FY2025 Q3 | $36.76 | $1.83 | 20.1x | -18% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $45.24 | $1.74 | 26.0x | +6% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $39.89 | $1.53 | 26.1x | +6% |
| FY2024 Q4 | $41.42 | $1.63 | 25.4x | +3% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $40.74 | $1.58 | 25.8x | +5% |
Average P/E for displayed period: 24.6x
Full CART Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See CART's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs CART Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare CART vs AMZN
Side-by-side business, growth, and profitability comparison vs Amazon.com, Inc..
Start ComparisonCART — Frequently Asked Questions
Quick answers to the most common questions about buying CART stock.
Is CART stock overvalued or undervalued?
CART trades at 25.1x P/E, near its 5-year average of 24.6x. The 29th percentile ranking places valuation within normal historical bounds.
How does CART's valuation compare to peers?
Instacart (Maplebear Inc.) P/E of 25.1x compares to sector median of 19.6x. The premium reflects expected growth above peers.
What is CART's PEG ratio?
CART PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2024-2026.