Forward PE Ratio: 18.67
The forward PE ratio is 18.67 as of Thursday, July 9, 2026.
Forward PE Ratio (18.67) = Close Price ($51.01) / Consensus Forward EPS ($2.69)
KMX Forward PE Ratio Metrics
FORWARD PE RATIO
18.67
KMX Competitors' Forward PE Ratio
CarMax, Inc.
Market Cap
$7.24B
Forward PE Ratio
18.67
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| CarMax, Inc. (KMX) | $7.24B | 18.67 |
| Etsy, Inc. (ETSY)vs › | $7.38B | 21.59 |
| The Gap, Inc. (GAP)vs › | $6.79B | 8.52 |
| Mohawk Industries, Inc. (MHK)vs › | $6.68B | 12.52 |
| CAVA Group, Inc. (CAVA)vs › | $7.94B | 122.31 |
| LKQ Corporation (LKQ)vs › | $6.47B | 8.47 |
| Crocs, Inc. (CROX)vs › | $6.32B | 8.96 |
| Macy's, Inc. (M)vs › | $5.97B | 10.37 |
| Chewy, Inc. (CHWY)vs › | $8.56B | 39.12 |
| Norwegian Cruise Line Holdings Ltd. (NCLH)vs › | $9.07B | 11.18 |
Trailing vs Forward
Trailing P/E
31.2
reported TTM EPS
Forward P/E
18.7
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $2.69 implies +67.1% EPS growth vs the reported trailing $1.61.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $51.01 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2027-02-28 | $2.66 | $2.44 – $2.80 | 11 | 19.2x |
| 2028-02-28 | $3.08 | $2.74 – $3.45 | 11 | 16.5x |
| 2029-02-28 | $2.98 | $2.04 – $4.42 | 4 | 17.1x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
Forward PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Forward PE Ratio FAQ
- What is the forward PE ratio for CarMax, Inc. (KMX)?
- The forward PE ratio for KMX stock is 18.67.
Related Metrics
About CarMax, Inc.
CarMax, Inc., together with its associated entities, functions as a prominent purveyor of previously owned automobiles across the United States. Its business operations are strategically structured into two principal divisions: CarMax Sales Operations and CarMax Auto Finance. Through its retail offerings, the company provides an extensive selection of pre-owned vehicles, including various domestic, imported, and luxury models, in addition to hybrid and electric options. Customers also have the opportunity to purchase extended protection plans at the time of their vehicle acquisition. Separately, CarMax sells older, higher-mileage vehicles—typically around ten years old with over 100,000 miles—via wholesale auctions. Furthermore, CarMax delivers reconditioning and repair services for its vehicles. For its retail clients, the company facilitates a range of financing alternatives designed to accommodate diverse credit profiles, managed both by its internal CarMax Auto Finance segment and through arrangements with various external financial institutions. As of February 28, 2022, CarMax operated a network comprising approximately 230 retail locations specializing in used cars. Founded in 1993, CarMax, Inc. maintains its corporate headquarters in Richmond, Virginia.
- Sector
- Consumer Cyclical
- Industry
- Auto - Dealerships
- CEO
- Keith Barr