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Costco Wholesale (LTS:0I47) Shiller PE Ratio : (As of May. 31, 2024)


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What is Costco Wholesale Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Costco Wholesale Shiller PE Ratio Historical Data

The historical data trend for Costco Wholesale's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Costco Wholesale Shiller PE Ratio Chart

Costco Wholesale Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.27 56.40 62.94 60.15 55.92

Costco Wholesale Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.25 55.92 58.96 71.43 -

Competitive Comparison of Costco Wholesale's Shiller PE Ratio

For the Discount Stores subindustry, Costco Wholesale's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Costco Wholesale's Shiller PE Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Costco Wholesale's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Costco Wholesale's Shiller PE Ratio falls into.



Costco Wholesale Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Costco Wholesale's E10 for the quarter that ended in May. 2024 is calculated as:

For example, Costco Wholesale's adjusted earnings per share data for the three months ended in May. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of May. 2024 (Change)*Current CPI (May. 2024)
=3.78/131.7762*131.7762
=3.780

Current CPI (May. 2024) = 131.7762.

Costco Wholesale Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201408 1.580 100.352 2.075
201411 1.120 99.635 1.481
201502 1.350 99.032 1.796
201505 1.170 100.333 1.537
201508 1.730 100.548 2.267
201511 1.090 100.135 1.434
201602 1.240 100.040 1.633
201605 1.240 101.355 1.612
201608 1.770 101.617 2.295
201611 1.240 101.829 1.605
201702 1.170 102.779 1.500
201705 1.590 103.256 2.029
201708 2.080 103.587 2.646
201711 1.450 104.072 1.836
201802 1.590 105.052 1.994
201805 1.700 106.148 2.110
201808 2.360 106.383 2.923
201811 1.730 106.338 2.144
201902 2.010 106.649 2.484
201905 2.050 108.048 2.500
201908 2.470 108.245 3.007
201911 1.900 108.519 2.307
202002 2.100 109.139 2.536
202005 1.890 108.175 2.302
202008 3.130 109.662 3.761
202011 2.620 109.793 3.145
202102 2.140 110.968 2.541
202105 2.750 113.576 3.191
202108 3.760 115.421 4.293
202111 2.980 117.269 3.349
202202 2.920 119.703 3.215
202205 3.040 123.323 3.248
202208 4.200 124.958 4.429
202211 3.070 125.607 3.221
202302 3.300 126.928 3.426
202305 2.930 128.314 3.009
202308 4.860 129.538 4.944
202311 3.580 129.548 3.642
202402 3.920 130.930 3.945
202405 3.780 131.776 3.780

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Costco Wholesale  (LTS:0I47) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Costco Wholesale Shiller PE Ratio Related Terms

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Costco Wholesale (LTS:0I47) Business Description

Address
999 Lake Drive, Issaquah, WA, USA, 98027
Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates nearly 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the U.K.

Costco Wholesale (LTS:0I47) Headlines

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