As of May 1, 2024, the COST stock has a PE ratio of 47.14. The calculation is based on the latest EPS of $15.32 and the stock price of $722.22 per share. An increase of 16% has been observed in the PE ratio compared to its average of 40.7 of the last four quarters.
The mean historical PE ratio of Costco Wholesale over the last ten years is 33.46. The current 47.14 P/E ratio is 41% higher than the historical average. Looking back at the last ten years, COST's PE ratio peaked in the Feb 2024 quarter at 47.26, with a price of $723.99 and an EPS of $15.32. The May 2014 quarter marked the lowest point at 25.59, with a price of $115.39 and an EPS of $4.51.
Maximum annual increase: 25.91% in 2018
Maximum annual decrease: -15.3% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 38.38 | -4.95% |
| 2022 | 40.38 | 1.33% |
| 2021 | 39.85 | 3.53% |
| 2020 | 38.49 | 8.64% |
| 2019 | 35.43 | 8.65% |
| 2018 | 32.61 | 25.91% |
| 2017 | 25.9 | -15.3% |
| 2016 | 30.58 | 18.21% |
| 2015 | 25.87 | 0.19% |
| 2014 | 25.82 | 8.03% |
The current PE ratio of COST is higher than its 3, 5 and 10-year averages.
COST's PE ratio stands higher than its peer stocks WMT and TGT. Costco Wholesale's current PE ratio of 47.14 is higher than the average of its peers, which is 22.57.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TGT Target Corp | 17.65 | $73B |
| DG Dollar General Corp | 18.12 | $30.13B |
| PSMT Pricesmart Inc | 20.57 | $2.52B |
| FIVE Five Below Inc | 26.41 | $7.92B |
| WMT Walmart Inc | 31.1 | $481.15B |
| COST Costco Wholesale Corp | 47.82 | $324.92B |
| DLTR Dollar Tree Inc | N/A | $26.1B |
| BIG Big Lots Inc | N/A | $106.54M |
As of May 1, 2024, COST stock has a price to earnings ratio of 47.14.
As an average over the last 3 years, COST stock has a PE ratio of 40.12.
As an average over the last 5 years, COST stock has a PE ratio of 38.47.
Over the last ten years, the quarterly PE ratio reached its highest level at 47.26 in the Feb 2024 quarter.
COST's current price to earnings ratio is 41% above its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 1, 2024), Costco Wholesale's share price is $722.22. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $15.32. Therefore, Costco Wholesale's PE ratio for today is 47.14. PE RATIO(47.14) = STOCK PRICE($722.22) / TTM EPS($15.32)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.