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Costco Wholesale (BSP:COWC34) Shiller PE Ratio : 77.85 (As of May. 21, 2024)


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What is Costco Wholesale Shiller PE Ratio?

As of today (2024-05-21), Costco Wholesale's current share price is R$101.99. Costco Wholesale's E10 for the quarter that ended in Feb. 2024 was R$1.31. Costco Wholesale's Shiller PE Ratio for today is 77.85.

The historical rank and industry rank for Costco Wholesale's Shiller PE Ratio or its related term are showing as below:

BSP:COWC34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 34.05   Med: 45.63   Max: 76.45
Current: 76.14

During the past years, Costco Wholesale's highest Shiller PE Ratio was 76.45. The lowest was 34.05. And the median was 45.63.

BSP:COWC34's Shiller PE Ratio is ranked worse than
92.27% of 194 companies
in the Retail - Defensive industry
Industry Median: 20.145 vs BSP:COWC34: 76.14

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Costco Wholesale's adjusted earnings per share data for the three months ended in Feb. 2024 was R$0.486. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$1.31 for the trailing ten years ended in Feb. 2024.

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
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 52.79 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 Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=101.99/1.31
=77.85

* 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.

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

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.486/130.9299*130.9299
=0.486

Current CPI (Feb. 2024) = 130.9299.

Costco Wholesale Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 0.059 100.373 0.077
201408 0.090 100.352 0.117
201411 0.071 99.635 0.093
201502 0.095 99.032 0.126
201505 0.089 100.333 0.116
201508 0.152 100.548 0.198
201511 0.103 100.135 0.135
201602 0.123 100.040 0.161
201605 0.110 101.355 0.142
201608 0.142 101.617 0.183
201611 0.103 101.829 0.132
201702 0.091 102.779 0.116
201705 0.127 103.256 0.161
201708 0.164 103.587 0.207
201711 0.118 104.072 0.148
201802 0.129 105.052 0.161
201805 0.154 106.148 0.190
201808 0.232 106.383 0.286
201811 0.164 106.338 0.202
201902 0.187 106.649 0.230
201905 0.205 108.048 0.248
201908 0.248 108.245 0.300
201911 0.197 108.519 0.238
202002 0.228 109.139 0.274
202005 0.266 108.175 0.322
202008 0.428 109.662 0.511
202011 0.357 109.793 0.426
202102 0.290 110.968 0.342
202105 0.363 113.576 0.418
202108 0.493 115.421 0.559
202111 0.415 117.269 0.463
202202 0.379 119.703 0.415
202205 0.377 123.323 0.400
202208 0.540 124.958 0.566
202211 0.404 125.607 0.421
202302 0.427 126.928 0.440
202305 0.365 128.314 0.372
202308 0.595 129.538 0.601
202311 0.438 129.548 0.443
202402 0.486 130.930 0.486

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  (BSP:COWC34) 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

Thank you for viewing the detailed overview of Costco Wholesale's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Costco Wholesale (BSP:COWC34) 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 (BSP:COWC34) Headlines

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