Carvana Co.

CVNA Consumer Cyclical Auto & Truck Dealerships

Carvana Co.’s revenue for fiscal 2025 (year ended December 2025) was $20.3 billion, up 48.6% from fiscal 2024.

Revenue
+42.4%
EPS
+210.2%
Free cash flow
+59.4%
Total debt
+0.48%

Quarter to September 2026, against a year earlier

72.34 5.22 −6.73%
Market cap
$79.5B
P/E
27.2×
Fwd P/E
41.2×
Dividend yield
—
F-score
6/9
Altman Z
6.34
Beneish M
−0.99
Dividend safety
n/a

Carvana Co. (CVNA) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Carvana Co. (CVNA) trades at a P/B ratio of 9.2×. Over the past ten years it has ranged from 0.0× (June 2024) to 486× (June 2020); the current reading is higher than 45% of that period. That is above the Auto & Truck Dealerships industry median of 1.4× and above the Consumer Cyclical sector median of 1.7×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 13.8× (23.62%)
FY2024 18.1× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 36.6× 88.37%
FY2020 19.4× (13.61%)
FY2019 22.5× 420.12%
FY2018 4.3× 182.51%
FY2017 1.5× —
FY2016 0.0× —

Quarterly newest first

Period P/B ratio Change
Sep 2026 8.0× (13.26%)
Jun 2026 9.2× (5.11%)
Mar 2026 9.7× (29.89%)
Dec 2025 13.8× (22.35%)
39 more quarters

Against its own ten years

Low 0.0× High 486×
Ten-year median 10.4×
Current reading's percentile 34

P/B ratio against peers

Company P/B ratio
LAD Lithia Motors, Inc. compare 1.0×
KMX CarMax, Inc. compare 1.2×
RUSHA Rush Enterprises, Inc. compare 2.2×
PAG Penske Automotive Group, Inc. compare 2.3×
AN AutoNation, Inc. compare 2.7×
OPLN OPENLANE, Inc. compare 2.8×
RUSHB Rush Enterprises, Inc. compare 2.9×
CVNA Carvana Co. 9.2×
VVV Valvoline compare 11.0×
Auto & Truck Dealerships industry median 1.4×
Consumer Cyclical sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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