CARG - Cargurus Inc Stock Price, Fair Value and News

23.34USD-0.13 (-0.55%)Market Closed

Market Summary

USD23.34-0.13

Market Closed

-0.55%

CARG Alerts

2 major insider sales recently.

CARG Stock Price

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CARG RSI Chart

CARG Valuation

Market Cap

2.7B

Price/Earnings (Trailing)

71.94

Price/Sales (Trailing)

2.91

EV/EBITDA

34.76

Price/Free Cashflow

26.59

CARG Price/Sales (Trailing)

CARG Profitability

EBT Margin

5.65%

Return on Equity

5.99%

Return on Assets

4.02%

Free Cashflow Yield

3.76%

CARG Fundamentals

CARG Revenue

Revenue (TTM)

914.2M

Rev. Growth (Yr)

-22.19%

Rev. Growth (Qtr)

1.69%

CARG Earnings

Earnings (TTM)

36.9M

Earnings Growth (Yr)

-172.22%

Earnings Growth (Qtr)

-180.28%

Breaking Down CARG Revenue

Last 7 days

8.8%

Last 30 days

1.2%

Last 90 days

3.2%

Trailing 12 Months

39.4%

How does CARG drawdown profile look like?

CARG Financial Health

Current Ratio

3.4

CARG Investor Care

Buy Backs (1Y)

4.42%

Diluted EPS (TTM)

0.19

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	1.5B	1.2B	977.9M	914.2M
2022	1.2B	1.5B	1.7B	1.7B
2021	565.1M	688.1M	763.6M	951.4M
2020	611.3M	561.0M	558.1M	551.5M
2019	490.8M	525.5M	556.9M	588.9M
2018	348.4M	382.5M	418.6M	454.1M
2017	226.6M	257.2M	287.0M	316.9M
2016	123.5M	148.4M	173.3M	198.1M
2015	0	0	0	98.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Cargurus Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 16, 2024	zales samuel	acquired	2,826	0.16	17,668	coo and president
Apr 16, 2024	zales samuel	sold	-378,449	21.42	-17,668	coo and president
Apr 02, 2024	sarnoff dafna	sold	-96,600	22.46	-4,301	chief marketing officer
Apr 01, 2024	zales samuel	sold (taxes)	-362,572	23.00	-15,764	coo and president
Apr 01, 2024	steinert langley	sold (taxes)	-170,591	23.00	-7,417	executive chair
Apr 01, 2024	zamora javier esquivel	sold (taxes)	-37,651	23.00	-1,637	general counsel and secretary
Apr 01, 2024	sarnoff dafna	sold (taxes)	-89,240	23.00	-3,880	chief marketing officer
Apr 01, 2024	hallowell zachary emerson	sold (taxes)	-47,840	23.00	-2,080	ceo, caroffer
Apr 01, 2024	sarnoff dafna	sold	-99,095	23.04	-4,301	chief marketing officer
Apr 01, 2024	eldridge andrea lee	sold (taxes)	-80,293	23.00	-3,491	chief people officer

Which funds bought or sold CARG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	FIFTH THIRD BANCORP	unchanged	-	-386	8,263	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-28.48	-297,000	641,000	-%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-1.17	-57,872	978,592	0.02%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	15.74	1,154,320	12,079,000	0.01%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	342,399	1,245,840	0.01%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-0.98	-69,000	1,204,000	0.01%
Apr 19, 2024	Maryland State Retirement & Pension System	unchanged	-	-86,880	665,462	0.01%
Apr 19, 2024	Cutler Group LLC / CA	reduced	-84.62	-56,000	9,000	-%
Apr 19, 2024	New Century Financial Group, LLC	sold off	-100	-735,430	-	-%
Apr 19, 2024	Sumitomo Mitsui Trust Holdings, Inc.	sold off	-100	-606,682	-	-%

Are Funds Buying or Selling CARG?

Are funds buying CARG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CARG

No. of Funds

CARG Alerts

2 major insider sales recently.

Unveiling Cargurus Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 08, 2024	foxhaven asset management, lp	5.5%	5,014,932	SC 13G
Feb 14, 2024	dragoneer investment group, llc	1.9%	1,837,399	SC 13G/A
Feb 14, 2024	steinert langley	13.0%	14,355,448	SC 13G/A
Feb 14, 2024	arrowmark colorado holdings llc	9.23%	8,880,926	SC 13G/A
Feb 14, 2024	par investment partners lp	0%	0	SC 13G/A
Feb 13, 2024	manulife financial corp	0.03%	-	SC 13G/A
Feb 13, 2024	vanguard group inc	10.48%	10,091,294	SC 13G/A
Feb 08, 2024	wellington management group llp	5.93%	5,705,962	SC 13G/A
Jan 22, 2024	blackrock inc.	15.6%	15,044,722	SC 13G/A
Aug 10, 2023	wellington management group llp	8.29%	8,070,127	SC 13G/A

Recent SEC filings of Cargurus Inc

View All Filings

Date Filed	Form Type	Document
Apr 17, 2024	4	Insider Trading
Apr 16, 2024	144	Notice of Insider Sale Intent
Apr 12, 2024	PRE 14A	PRE 14A
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading

Peers (Alternatives to Cargurus Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	460.6B	96.8B	-15.35%	-11.04%	30.71	4.76	18.80%	19.44%
F	51.8B	176.2B	0.31%	7.83%	11.88	0.29	11.47%	328.08%
GM	51.5B	174.9B	4.74%	31.53%	4.81	0.29	8.79%	14.11%
APTV	19.6B	20.1B	-10.77%	-33.49%	6.67	0.98	14.65%	394.61%
KMX	11.0B	26.5B	-18.53%	1.16%	22.89	0.41	-10.61%	-1.15%
MID-CAP
BWA	7.7B	15.0B	0.39%	-32.20%	12.25	0.51	12.05%	-33.79%
ALSN	7.0B	3.0B	0.94%	70.16%	10.33	2.29	9.61%	26.74%
ABG	4.5B	14.8B	-0.86%	7.36%	7.52	0.31	-4.09%	-39.59%
GT	3.4B	20.1B	-7.94%	13.04%	-4.97	0.17	-3.55%	-440.59%
ADNT	2.6B	15.4B	-12.22%	-25.13%	12.4	0.17	7.09%	494.44%
SMALL-CAP
BLBD	1.2B	1.2B	-0.11%	97.44%	19.08	0.96	33.91%	215.64%
AXL	876.9M	6.1B	4.03%	3.03%	-26.1	0.14	4.78%	-152.26%
CAAS	109.6M	576.4M	7.74%	-19.20%	2.91	0.19	8.84%	77.79%
WKHS	50.4M	13.1M	-23.81%	-83.16%	-0.41	3.85	160.69%	-5.67%
AYRO	6.9M	498.9K	-15.15%	150.00%	-0.2	13.86	-83.32%	-48.94%

Cargurus Inc News

Latest updates

Cargurus Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	1.7%	223	219	240	232	287	426	511	431	339	223	218	171	152	147	95.00	158	158	150	145	135	126
Gross Profit	2.3%	168	164	164	155	137	151	188	182	180	163	167	147	140	138	85.00	146	148	141	136	128	119
Operating Expenses	34.8%	190	141	146	141	107	122	164	155	136	123	129	122	107	94.00	76.00	134	134	131	133	120	112
S&GA Expenses	-3.9%	74.00	77.00	78.00	76.00	70.00	83.00	96.00	88.00	90.00	67.00	66.00	68.00	67.00	58.00	39.00	94.00	101	100	102	91.00	86.00
R&D Expenses	3.7%	37.00	35.00	37.00	37.00	32.00	30.00	31.00	31.00	27.00	27.00	28.00	25.00	20.00	21.00	22.00	23.00	18.00	18.00	17.00	16.00	14.00
EBITDA Margin	-37.7%	0.07*	0.12*	0.10*	0.08*	0.08*	0.07*	0.09*	0.13*	0.17*	0.22*	0.23*	0.22*	0.19*	0.15*	0.09*	0.08*	0.07*	0.06*	0.06*	0.06*	-
Interest Expenses	17.4%	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00
Income Taxes	-25.0%	6.00	8.00	9.00	7.00	9.00	10.00	5.00	8.00	10.00	11.00	11.00	6.00	8.00	11.00	2.00	0.00	1.00	0.00	-1.61	-3.50	-4.84
Earnings Before Taxes	-160.1%	-16.39	27.00	22.00	18.00	33.00	29.00	23.00	27.00	45.00	40.00	39.00	26.00	33.00	44.00	9.00	13.00	15.00	11.00	4.00	9.00	8.00
EBT Margin	-45.1%	0.06*	0.10*	0.09*	0.07*	0.07*	0.07*	0.09*	0.12*	0.16*	0.18*	0.21*	0.20*	0.18*	0.14*	0.08*	0.07*	0.07*	0.06*	0.05*	0.06*	-
Net Income	-180.3%	-17.90	22.00	16.00	16.00	25.00	20.00	19.00	20.00	30.00	29.00	28.00	22.00	25.00	33.00	7.00	13.00	13.00	10.00	6.00	13.00	12.00
Net Income Margin	-50.4%	0.04*	0.08*	0.07*	0.06*	0.05*	0.05*	0.07*	0.09*	0.11*	0.14*	0.16*	0.15*	0.14*	0.12*	0.08*	0.07*	0.07*	0.07*	0.09*	0.15*	-
Free Cashflow	-160.4%	-13.02	22.00	27.00	64.00	94.00	72.00	-6.90	92.00	-39.55	53.00	34.00	43.00	48.00	74.00	23.00	9.00	20.00	22.00	13.00	4.00	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-12.4%	919	1,049	1,040	1,052	927	983	1,010	946	932	820	784	719	502	461	407	406	394	369	346	332	268
Current Assets	-26.9%	391	535	535	543	557	604	630	573	563	442	389	312	332	281	216	210	219	206	189	179	195
Cash Equivalents	-18.0%	291	355	363	457	470	404	338	315	232	231	185	141	190	246	133	74.00	60.00	30.00	28.00	30.00	35.00
Inventory	2.5%	0.00	0.00	1.00	2.00	5.00	28.00	22.00	21.00	20.00	6.00	-	-	-	-	-	-	-	-	-	-	-
Net PPE	52.4%	83.00	55.00	48.00	43.00	40.00	37.00	35.00	33.00	32.00	30.00	32.00	30.00	27.00	27.00	27.00	28.00	28.00	28.00	29.00	27.00	24.00
Goodwill	0.4%	158	157	158	158	157	156	157	158	158	156	156	157	29.00	28.00	28.00	27.00	15.00	15.00	15.00	16.00	16.00
Liabilities	-1.0%	302	305	310	323	156	232	283	241	252	176	180	156	129	122	112	128	137	132	124	121	74.00
Current Liabilities	6.0%	115	109	111	124	99.00	149	176	149	171	102	104	82.00	67.00	56.00	43.00	58.00	74.00	72.00	70.00	65.00	64.00
Shareholder's Equity	-14.0%	617	717	701	696	735	578	462	465	517	589	549	509	374	338	296	278	257	237	222	211	194
Retained Earnings	-6.3%	354	378	356	339	323	164	57.00	67.00	129	209	180	152	129	104	72.00	65.00	52.00	39.00	28.00	22.00	10.00
Additional Paid-In Capital	-22.8%	263	341	346	358	413	418	407	398	388	380	368	356	242	233	224	214	205	199	194	189	184
Shares Outstanding	0.0%	113	113	113	115	118	118	118	118	117	117	117	116	113	113	113	112	111	112	111	-	109
Float	-	-	-	1,289	-	-	-	2,178	-	-	-	2,546	-	-	-	2,194	-	-	-	2,464	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-90.5%	2.00	26.00	29.00	66.00	95.00	73.00	-5.46	93.00	-36.77	54.00	37.00	44.00	48.00	74.00	25.00	10.00	21.00	24.00	16.00	10.00	17.00
Share Based Compensation	40.0%	20.00	14.00	15.00	15.00	13.00	14.00	13.00	14.00	13.00	1.00	7.00	14.00	13.00	1.00	7.00	12.00	9.00	9.00	9.00	8.00	6.00
Cashflow From Investing	600.4%	53.00	-10.68	-98.45	-5.89	-4.83	26.00	26.00	26.00	-4.80	-7.30	12.00	-68.09	-101	41.00	36.00	8.00	22.00	-18.21	-14.43	-11.35	-57.43
Cashflow From Financing	-474.6%	-129	-22.62	-27.83	-73.24	-34.93	-32.04	11.00	-36.89	43.00	-2.98	-3.03	-19.04	-2.34	-2.87	-1.98	-2.89	-3.34	-3.83	-4.25	-3.26	-3.45
Buy Backs	495.8%	102	17.00	22.00	66.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

CARG Income Statement

2023-12-31

Consolidated Income Statements - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Revenue

Total Revenue

$ 914,242

$ 1,655,035

$ 951,373

Cost of revenue

Total Cost of revenue

^[1]

262,788

997,482

294,015

Gross profit

651,454

657,553

657,358

Operating expenses:

Sales and marketing

304,070

336,708

290,574

Product, technology, and development

146,169

123,768

106,423

General and administrative

152,757

73,117

97,678

Depreciation and amortization

15,831

15,482

14,415

Total operating expenses

618,827

549,075

509,090

Income from operations

32,627

108,478

^[2]

148,268

^[2]

Other income, net:

Interest income

18,430

3,845

120

Other income (expense), net

630

(961)

972

Total other income, net

19,060

2,884

1,092

Income before income taxes

51,687

111,362

149,360

Provision for income taxes

29,634

32,408

38,987

Consolidated net income

22,053

78,954

110,373

Net (loss) income attributable to redeemable noncontrolling interest

(14,889)

(5,433)

1,129

Net (loss) income Attributable to CarGurus, Inc

36,942

84,387

109,244

Deemed dividend on redemption of noncontrolling interest

5,838

Accretion of redeemable noncontrolling interest to redemption value

(109,398)

109,398

Net income (loss) attributable to common stockholders - basic

$ 31,104

$ 193,785

$ (154)

Net income (loss) per share attributable to common stockholders: (Note 12)

Basic

$ 0.27

$ 1.64

$ 0

Diluted

$ 0.19

$ 0.62

$ 0

Weighted-average number of shares of common stock used in computing net income (loss) per share attributable to common stockholders:

Basic

113,240,139

118,474,991

117,142,062

Diluted

114,188,834

128,150,974

117,142,062

Marketplace

Revenue

Total Revenue

$ 698,236

$ 658,771

$ 636,942

Cost of revenue

Total Cost of revenue

^[1]

60,020

56,040

47,689

Wholesale

Revenue

Total Revenue

100,908

237,635

195,127

Cost of revenue

Total Cost of revenue

^[1]

90,066

176,446

127,679

Product

Revenue

Total Revenue

115,098

758,629

119,304

Cost of revenue

Total Cost of revenue

^[1]

$ 112,702

$ 764,996

$ 118,647

[1]

Includes depreciation and amortization expense for the years ended December 31, 2023, 2022, and 2021 of $32,643, $29,852, and $26,061, respectively.

[2]

As of December 31, 2022 and 2021, Digital Wholesale segment loss (income) did not reflect certain Dealer-to-Dealer and IMCO related capitalized website development expense from the U.S. Marketplace segment. During the three months ended March 31, 2023, the Company updated Digital Wholesale Depreciation and Amortization to reflect certain Dealer-to-Dealer and IMCO related capitalized website development amortization expense from the U.S. Marketplace segment and accordingly updated Digital Wholesale Depreciation as of December 31, 2022 and 2021 for comparative purposes.

CARG Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Current assets:

Cash and cash equivalents

$ 291,363

$ 469,517

Short-term investments

20,724

Accounts receivable, net of allowance for doubtful accounts of $610 and $1,809, respectively

39,963

46,817

Inventory

331

5,282

Prepaid expenses, prepaid income taxes and other current assets

25,152

21,972

Deferred contract costs

11,095

8,541

Restricted cash

2,563

5,237

Total current assets

391,191

557,366

Property and equipment, net

83,370

40,128

Intangible assets, net

23,056

53,054

Goodwill

157,898

157,467

Operating lease right-of-use assets

169,682

56,869

Restricted cash

9,378

Deferred tax assets

73,356

35,488

Deferred contract costs, net of current portion

12,998

8,853

Other non-current assets

7,376

8,499

Total assets

918,927

927,102

^[1]

Current liabilities:

Accounts payable

47,854

32,529

Accrued expenses, accrued income taxes and other current liabilities

33,718

39,193

Deferred revenue

21,322

12,249

Operating lease liabilities

12,284

14,762

Total current liabilities

115,178

98,733

Operating lease liabilities

182,106

51,656

Deferred tax liabilities

Other non–current liabilities

4,733

5,301

Total liabilities

302,075

155,744

Commitments and contingencies (Note 10)

Redeemable noncontrolling interest

36,749

Stockholders’ equity:

Preferred stock, $0.001 par value per share; 10,000,000 shares authorized; no shares issued and outstanding

Additional paid–in capital

263,498

413,092

Retained earnings

354,147

323,043

Accumulated other comprehensive loss

(901)

(1,644)

Total stockholders’ equity

616,852

734,609

Total liabilities, redeemable noncontrolling interest and stockholders' equity

918,927

927,102

Class A Common Stock

Stockholders’ equity:

Common stock

102

Class B Common Stock

Stockholders’ equity:

Common stock

$ 16

[1]

As of December 31, 2022, Digital Wholesale assets did not reflect certain Dealer-to-Dealer and IMCO related capitalized website development assets from the U.S. Marketplace segment. During the three months ended March 31, 2023, the Company updated Digital Wholesale assets to reflect certain Dealer-to-Dealer and IMCO related capitalized website development amortization assets from the U.S. Marketplace segment and accordingly updated Digital Wholesale assets as of December 31, 2022 and 2021 for comparative purposes.

About Cargurus Inc

CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States and internationally. It operates through two segments, U.S. Marketplace and Digital Wholesale The company provides consumers an online automotive marketplace where they can search for new and used car listings from its dealers, as well as sell their car to dealers and other consumers. Its marketplace connects dealers to a large audience of informed and engaged consumers. The company operates online marketplaces under the CarGurus brand in Canada and the United Kingdom; Autolist and CarOffer brands in the United States; and PistonHeads brand in the United Kingdom. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.

CEO	Mr. Jason M. Trevisan
WEBSITE	cargurus.com
INDUSTRY	Autos
EMPLOYEES	1403

Cargurus Inc Frequently Asked Questions

What is the ticker symbol for Cargurus Inc? What does CARG stand for in stocks?

CARG is the stock ticker symbol of Cargurus Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cargurus Inc (CARG)?

As of Tue Apr 23 2024, market cap of Cargurus Inc is 2.66 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CARG stock?

You can check CARG's fair value in chart for subscribers.

What is the fair value of CARG stock?

You can check CARG's fair value in chart for subscribers. The fair value of Cargurus Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cargurus Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CARG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cargurus Inc a good stock to buy?

The fair value guage provides a quick view whether CARG is over valued or under valued. Whether Cargurus Inc is cheap or expensive depends on the assumptions which impact Cargurus Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CARG.

What is Cargurus Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, CARG's PE ratio (Price to Earnings) is 71.94 and Price to Sales (PS) ratio is 2.91. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CARG PE ratio will change depending on the future growth rate expectations of investors.