Costco
COST
#24
Rank
NZ$651.63 B
Marketcap
$1,471
Share price
0.49%
Change (1 day)
55.96%
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 November 2024 (TTM): 69.7

According to Costco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 69.6721. At the end of 2020 the company had a P/E ratio of 38.6.

P/E ratio history for Costco from 2001 to 2023

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%
201325.47.18%
201223.7-4.24%
201124.75.46%
201023.4-0.94%
200923.732.99%
200817.8-36.22%
200727.927.72%
200621.80.69%
200521.7-11.7%
200424.66.24%
200323.130.25%
200217.8-46.78%
200133.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
22.6-67.60%๐Ÿ‡บ๐Ÿ‡ธ USA
15.8-77.37%๐Ÿ‡บ๐Ÿ‡ธ USA
20.6-70.41%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9-82.93%๐Ÿ‡บ๐Ÿ‡ธ USA
12.1-82.66%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0253-100.04%๐Ÿ‡บ๐Ÿ‡ธ USA
19.4-72.09%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.