GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Costco Wholesale Corp (NAS:COST) » Definitions » Price-to-Tangible-Book

Costco Wholesale (COST) Price-to-Tangible-Book : 15.40 (As of Apr. 25, 2024)


View and export this data going back to 1985. Start your Free Trial

What is Costco Wholesale Price-to-Tangible-Book?

As of today (2024-04-25), Costco Wholesale's share price is $720.9241. Costco Wholesale's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $46.81. Hence, Costco Wholesale's Price to Tangible Book Ratio of today is 15.40.

The historical rank and industry rank for Costco Wholesale's Price-to-Tangible-Book or its related term are showing as below:

COST' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.3   Med: 7.86   Max: 15.89
Current: 15.4

During the past 13 years, Costco Wholesale's highest Price to Tangible Book Ratio was 15.89. The lowest was 4.30. And the median was 7.86.

COST's Price-to-Tangible-Book is ranked worse than
94.68% of 282 companies
in the Retail - Defensive industry
Industry Median: 2.03 vs COST: 15.40

A closely related ratio is called PB Ratio. As of today, Costco Wholesale's share price is $720.9241. Costco Wholesale's Book Value per Sharefor the quarter that ended in Feb. 2024 was $46.81. Hence, Costco Wholesale's P/B Ratio of today is 15.40.


Costco Wholesale Price-to-Tangible-Book Historical Data

The historical data trend for Costco Wholesale's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Costco Wholesale Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.50 8.39 11.46 11.20 9.71

Costco Wholesale Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Price-to-Tangible-Book 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 9.42 9.62 9.71 10.06 15.89

Competitive Comparison of Costco Wholesale's Price-to-Tangible-Book

For the Discount Stores subindustry, Costco Wholesale's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Costco Wholesale's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Costco Wholesale's Price-to-Tangible-Book falls into.



Costco Wholesale Price-to-Tangible-Book Calculation

Costco Wholesale's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=720.9241/46.809
=15.40

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Costco Wholesale Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Costco Wholesale's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Costco Wholesale (COST) 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.
Executives
W Craig Jelinek officer: Executive VP 999 LAKE DRIVE, ISSAQUAH WA 98027
Yoram Rubananko officer: Executive VP 999 LAKE DRIVE, ISSAQUAH WA 98027
Caton Frates officer: Executive Vice President 999 LAKE DRIVE, ISSAQUAH WA 98027
Daniel M. Hines other: Principal Acctg Officer 999 LAKE DRIVE, ISSAQUAH WA 98027
Richard A Galanti director, officer: Executive VP and CFO 999 LAKE DRIVE, ISSAQUAH WA 98027
Pierre Riel officer: EVP 999 LAKE DRIVE, ISSAQUAH WA 98027
Russell D Miller officer: Executive Vice President 999 LAKE DRIVE, ISSAQUAH WA 98027
Claudine Adamo officer: Executive Vice President 999 LAKE DRIVE, ISSAQUAH WA 98027
James C Klauer officer: Executive Vice President 999 LAKE DRIVE, ISSAQUAH WA 98027
Patrick J Callans officer: Executive VP 999 LAKE DRIVE, ISSAQUAH WA 98027
Helena Foulkes director ONE CVS DRIVE, WOONSOCKET RI 02895
Susan L Decker director C/O YAHOO INC, 701 FIRST AVE, SUNNYVALE CA 94089
Roland Michael Vachris officer: Executive VP 999 LAKE DRIVE, ISSAQUAH WA 98027
James P. Murphy officer: Executive VP 999 LAKE DRIVE, ISSAQUAH WA 98027
Kenneth D Denman director