Costco
COST
#41
Rank
$218.88 B
Marketcap
$494.53
Share price
-1.85%
Change (1 day)
-6.50%
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 December 2022 (TTM): 37.4

According to Costco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.3512. 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
30.5-18.45%๐Ÿ‡บ๐Ÿ‡ธ USA
24.2-35.33%๐Ÿ‡บ๐Ÿ‡ธ USA
21.7-41.92%๐Ÿ‡บ๐Ÿ‡ธ USA
18.5-50.51%๐Ÿ‡บ๐Ÿ‡ธ USA
20.7-44.55%๐Ÿ‡บ๐Ÿ‡ธ USA
43.2 15.74%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.3-127.51%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.