Costco
COST
#41
Rank
$217.86 B
Marketcap
$487.76
Share price
0.05%
Change (1 day)
-11.96%
Change (1 year)

Costco Wholesale Corporation is an American wholesale chain with headquarters in Issaquah near Seattle, Washington State.

P/E ratio for Costco (COST)

P/E ratio as of March 2023 (TTM): 35.8

According to Costco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.7858. At the end of 2020 the company had a P/E ratio of 38.6.

P/E ratio history for Costco from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202038.6
201827.4-7.03%
201729.41.16%
201629.1-3.02%
201530.02.71%
201429.215.17%
201325.4
201124.75.46%
201023.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
32.7-8.60%๐Ÿ‡บ๐Ÿ‡ธ USA
19.6-45.23%๐Ÿ‡บ๐Ÿ‡ธ USA
18.7-47.72%๐Ÿ‡บ๐Ÿ‡ธ USA
25.9-27.53%๐Ÿ‡บ๐Ÿ‡ธ USA
19.8-44.61%๐Ÿ‡บ๐Ÿ‡ธ USA
48.4 35.16%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.93-105.41%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.