Question 1

What is Copart's P/B ratio?

Accepted Answer

Copart (CPRT) P/B ratio is 3.4× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Copart?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Copart specifically, the relevant sector benchmark is the current sector median of 5.0×.

Question 5

Is Copart's P/B ratio high or low?

Accepted Answer

Copart's P/B ratio of 3.4× is below its own 5-year average of 6.5× and below the sector median of 5.0×. That places the current reading at the 5th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Copart's historical P/B ratio range?

Accepted Answer

In the available daily series, Copart (CPRT) P/B ratio has ranged from a low of 1.5× in 2003 to a high of 11.3× in 2021. The 5-year average is 6.5× and the 5-year median is 6.7×.

Question 7

What was Copart's P/B ratio in 2025?

Accepted Answer

Copart (CPRT) P/B ratio at the end of 2025 was 4.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Copart's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$43.84B	$9.19B	4.8×	-1.9×	Jul 31, 2025
2024	$50.37B	$7.52B	6.7×	-0.4×	Jul 31, 2024
2023	$42.25B	$5.99B	7.1×	+0.4×	Jul 31, 2023
2022	$30.65B	$4.63B	6.6×	-3.2×	Jul 31, 2022
2021	$34.79B	$3.53B	9.9×	+1.1×	Jul 31, 2021
2020	$21.90B	$2.49B	8.8×	-1.2×	Jul 31, 2020
2019	$17.77B	$1.78B	10.0×	+1.5×	Jul 31, 2019
2018	$13.37B	$1.58B	8.5×	+1.9×	Jul 31, 2018
2017	$7.25B	$1.10B	6.6×	-0.7×	Jul 31, 2017
2016	$5.62B	$774.46M	7.3×	+2.6×	Jul 31, 2016
2015	$4.49B	$964.46M	4.7×	+0.5×	Jul 31, 2015
2014	$4.20B	$1.00B	4.2×	-1.2×	Jul 31, 2014
2013	$4.07B	$762.40M	5.3×	+0.0×	Jul 31, 2013
2012	$3.00B	$561.12M	5.3×	+0.1×	Jul 31, 2012
2011	$2.93B	$555.17M	5.3×	+2.5×	Jul 31, 2011
2010	$3.07B	$1.09B	2.8×	-0.4×	Jul 31, 2010
2009	$2.96B	$921.46M	3.2×	-1.5×	Jul 31, 2009
2008	$3.73B	$799.00M	4.7×	+1.8×	Jul 31, 2008
2007	$2.54B	$880.87M	2.9×	-0.1×	Jul 31, 2007
2006	$2.42B	$809.97M	3.0×	-0.1×	Jul 31, 2006
2005	$2.21B	$709.38M	3.1×	-0.2×	Jul 31, 2005
2004	$2.00B	$602.26M	3.3×	+1.7×	Jul 31, 2004
2003	$842.30M	$525.64M	1.6×	-0.9×	Jul 31, 2003
2002	$1.22B	$486.22M	2.5×	—	Jul 31, 2002


PACCAR (PCAR)	3.1×
Franklin Electric Co. (FELE)	3.0×
Huntington Ingalls Industries (HII)	2.9×
Brady (BRC)	2.9×
Fortive (FTV)	2.9×
Southwest Airlines (LUV)	2.7×
Xylem (XYL)	2.6×
FedEx (FDX)	2.5×
Axon Enterprise (TASR)	2.4×
Builders FirstSource (BLDR)	2.3×
McGrath RentCorp (MGRC)	2.2×
Tennant (TNC)	2.2×
Delta Air Lines (DAL)	2.1×
AGCO (AGCO)	2.0×
Textron (TXT)	1.9×
Archer Aviation (ACHR)	1.9×
United Airlines Holdings (UAL)	1.9×
Alamo Group (ALG)	1.7×
Matthews International (MATW)	1.6×
MDU Resources Group (MDU)	1.5×
Amentum Holdings (AMTM)	1.4×
ABM Industries (ABM)	1.4×
Stanley Black & Decker (SWK)	1.2×
Alaska Air Group (ALK)	1.1×
Versant Media Group, Inc. Class A (VSNT)	0.7×

P/B Ratio for Copart (CPRT)

P/B Ratio daily chart for Copart (CPRT)

Historical P/B Ratio for Copart (CPRT) from 2002 to 2025

About P/B Ratio at Copart (CPRT)

Copart P/B Ratio by Year

Copart P/B Ratio 2025: 4.8×

Copart P/B Ratio 2024: 6.7×

Copart P/B Ratio 2023: 7.1×

Copart P/B Ratio 2022: 6.6×

Copart P/B Ratio 2021: 9.9×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Copart (CPRT) Key Financials

P/B Ratio daily chart for Copart (CPRT)

Historical P/B Ratio for Copart (CPRT) from 2002 to 2025

About P/B Ratio at Copart (CPRT)

Copart P/B Ratio by Year

Copart P/B Ratio 2025: 4.8×

Copart P/B Ratio 2024: 6.7×

Copart P/B Ratio 2023: 7.1×

Copart P/B Ratio 2022: 6.6×

Copart P/B Ratio 2021: 9.9×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Copart's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for Copart?

+Is Copart's P/B ratio high or low?

+What is Copart's historical P/B ratio range?

+What was Copart's P/B ratio in 2025?

+Why does Copart's P/B ratio change over time?

Copart (CPRT) Key Financials