Since December 31st, 2010, KAR Auction Services Inc's price to book value (p/bv) has increased from 1.19 to 1.47 at January 21st, 2021.
KAR Auction Services Inc's price to book value (p/bv) as of January 21st, 2021 of 1.47 was lower than its peers in the Specialty Retail, Other industry group of December 31st, 2020 of 21.99. From December 31st, 2010 to January 21st, 2021, KAR Auction Services Inc's average price to book value (p/bv) was 2.63 compared to an industry average of 5.74.
KAR Auction Services, Inc. engages in the provision of whole car auction services in North America and salvage auction services in North America and the United Kingdom. It operates through the following segments: ADESA Auctions, IAA, and AFC. The ADESA segment provides whole care auctions and related services to the vehicle remarketing industry in North America. The IAA segment offers salvage vehicle auctions and related services. It also facilitates the remarketing of vehicles for a variety of sellers, including insurance companies, dealership, rental car companies, fleet lease companies, and charitable organizations. The AFC segment engages in the provision of floor plan financing to independent used vehicle dealers. The company was founded on November 9, 2006 and is headquartered in Carmel, IN.
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