CarGuru is an online automotive platform for buying and selling vehicles. Co. provides consumers an online automotive marketplace where they can search for new and used car listings from its dealers and sell their cars to dealers and other consumers. A user accesses Co.'s marketplace through its websites or by using its mobile applications. Co. also provides paid listings subscriptions for dealers and dealer advertising products for the PistonHeads website, as well as paid listings subscriptions for dealers for the Autolist website. In addition, Co. is focused on addressing the needs of both consumers and dealers in automotive digital retail. The CARG average annual return since 2017 is shown above.
The Average Annual Return on the CARG average annual return since 2017 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether CARG average annual return since 2017 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the CARG average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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