Carvana Co. (CVNA) P/E Ratio History
Historical price-to-earnings valuation from 2023 to 2026
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CVNA Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Carvana Co. (CVNA) trades at a price-to-earnings ratio of 47.4x, with a stock price of $400.22 and trailing twelve-month earnings per share of $10.78.
The current P/E is 92% below its 5-year average of 621.0x. Over the past five years, CVNA's P/E has ranged from a low of 31.6x to a high of 5616.5x, placing the current valuation at the 40th percentile of its historical range.
Compared to the Consumer Cyclical sector median P/E of 19.4x, CVNA trades at a 144% premium to its sector peers. The sector includes 302 companies with P/E ratios ranging from 0.1x to 199.2x.
Relative to the broader market, CVNA commands a significant premium over the S&P 500 median P/E of 25.1x. 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 CVNA 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.
CVNA P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $33B | 21.3 | 1.26 | +14% | |
| $6B | 12.4 | - | +6% | |
| $7B | 12.0 | 0.38Best | +1% | |
| $11B | 12.2 | 0.76 | -2% | |
| $7B | 9.0 | 0.85 | +9% | |
| $3B | 23.5 | - | -45% | |
| $4B | 8.0Lowest | 0.58 | +17%Best | |
| $4B | 13.9 | 1.38 | -32% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
CVNA Historical P/E Data (2023–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $314.49 | $9.96 | 31.6x | -95% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $422.02 | $9.78 | 43.2x | -93% |
| FY2025 Q3 | $377.24 | $4.38 | 86.1x | -86% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $336.96 | $3.99 | 84.5x | -86% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $209.08 | $2.85 | 73.4x | -88% |
| FY2024 Q4 | $203.36 | $1.59 | 127.9x | -79% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $174.11 | $0.03 | 5616.5x | +804% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $128.72 | $3.19 | 40.4x | -93% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $87.91 | $2.50 | 35.1x | -94% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $52.94 | $0.74 | 71.3x | -89% |
Average P/E for displayed period: 621.0x
Full CVNA Stock Analysis
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Start ComparisonCVNA — Frequently Asked Questions
Quick answers to the most common questions about buying CVNA stock.
Is CVNA stock overvalued or undervalued?
CVNA trades at 47.4x P/E, below its 5-year average of 621.0x. At the 40th percentile of historical range, the stock is priced at a discount to its own history.
How does CVNA's valuation compare to peers?
Carvana Co. P/E of 47.4x compares to sector median of 19.4x. The premium reflects expected growth above peers.
What is CVNA's PEG ratio?
CVNA PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2023-2026.