Instacart (Maplebear Inc.) (CART) P/E Ratio History
Fairly ValuedTrading at 27.8x, near 5Y avg of 24.6x · 86th percentile · In line with own history · Data 2024–2026
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P/E Ratio Analysis
As of June 23, 2026, Instacart (Maplebear Inc.) (CART) trades at a price-to-earnings ratio of 27.8x, with a stock price of $44.55 and trailing twelve-month earnings per share of $1.91.
The current P/E is 13% above 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 86th percentile of its historical range.
Compared to the Consumer Cyclical sector median P/E of 21.2x, CART trades at a 32% premium to its sector peers. The sector includes 307 companies with P/E ratios ranging from 0.1x to 184.9x.
Relative to the broader market, CART trades roughly in line with the S&P 500 median P/E of 24.4x. 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 Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
CART P/E vs Peers
Grocery, Convenience and Fuel Retail peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $76B | 81.4 | - | +634%Best | |
| $148B | 15.1 | - | +4% | |
| $2.6T | 34.1 | 1.22 | +30% | |
| $934B | 42.9 | 3.90 | +13% | |
| $35B | 36.8 | - | -58% | |
| $2B | 14.1Lowest | - | +297% | |
| $4.5T | 34.0 | 1.14 | +34% | |
| $9B | 20.3 | 1.54 | +17% | |
| $8B | 123.2 | 2.63 | -44% | |
| $38B | 21.1 | 0.39Best | -4% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
CART Historical P/E Data (2024–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $37.46 | $1.79 | 20.9x | -15% |
| FY2025 Q4 | Dec 31 2025 | $44.98 | $1.60 | 28.1x | +14% |
| FY2025 Q3 | - | $36.76 | $1.83 | 20.1x | -18% |
| FY2025 Q2 | Jun 30 2025 | $45.24 | $1.74 | 26.0x | +6% |
| FY2025 Q1 | Mar 31 2025 | $39.89 | $1.53 | 26.1x | +6% |
| FY2024 Q4 | - | $41.42 | $1.63 | 25.4x | +3% |
| FY2024 Q3 | Sep 30 2024 | $40.74 | $1.58 | 25.8x | +5% |
Average P/E for displayed period: 24.6x
Full Stock Analysis
Deep dive into CART consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
2+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
CART — Frequently Asked Questions
Quick answers to the most common questions about buying CART stock.
What is CART's P/E ratio?
Instacart (Maplebear Inc.) (CART) trailing twelve-month P/E ratio is 27.8x, based on TTM diluted EPS of $1.91. The 5-year average P/E is 24.6x and the historical range spans 20.1x to 28.1x.
Is CART stock overvalued or undervalued?
CART trades at 27.8x P/E, near its 5-year average of 24.6x. The 86th percentile ranking within the 20.1x–28.1x historical range places valuation within normal bounds.
Is CART stock expensive?
CART is fairly valued relative to its own history. The current P/E of 27.8x is near the 5-year average of 24.6x (86th percentile of historical range).
What is CART's historical P/E range?
Over the past 5 years, CART's P/E ratio has ranged from 20.1x to 28.1x, with a median of 25.8x and an average of 24.6x. The current P/E of 27.8x places the stock at the 86th percentile of this range. Full historical data spans 2024–2026.
How does CART's P/E compare to the S&P 500?
CART trades at 27.8x P/E versus the S&P 500 median of 24.4x. The 14% premium to the market typically reflects higher expected earnings growth or quality.
How does CART's valuation compare to Consumer Cyclical peers?
Instacart (Maplebear Inc.) P/E of 27.8x compares to the Consumer Cyclical sector median of 21.2x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is CART's PEG ratio?
CART PEG ratio is N/A, based on a P/E of 27.8x and EPS growth of 1.3%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is CART's earnings yield?
CART earnings yield is 3.59%, the inverse of its 27.8x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.