InvestingPro Data highlights CarMax's market capitalization at $12.27 billion, with a Price-to-Earnings (P/E) ratio of 31.11, which is higher than the adjusted P/E for the last twelve months as of Q1 2023, standing at 27.3. This elevated P/E ratio suggests that the market has high expectations for the company's future earnings growth. Despite a decrease in revenue by 6.31% over the last twelve months, CarMax maintains a Gross Profit Margin of 11.79%, indicating its ability to control cost of sales relative to revenue.