Price to Earnings (P/E)
since 2005
Paying user area
Try for free
Costco Wholesale Corp. pages available for free this week:
- Statement of Comprehensive Income
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Long-term (Investment) Activity Ratios
- Common Stock Valuation Ratios
- Present Value of Free Cash Flow to Equity (FCFE)
- Selected Financial Data since 2005
- Current Ratio since 2005
- Debt to Equity since 2005
- Analysis of Debt
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Costco Wholesale Corp. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Costco Wholesale Corp., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income attributable to Costco1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 9, 2024 | = | ÷ | = | ÷ | |||||||
| Oct 11, 2023 | = | ÷ | = | ÷ | |||||||
| Oct 5, 2022 | = | ÷ | = | ÷ | |||||||
| Oct 6, 2021 | = | ÷ | = | ÷ | |||||||
| Oct 7, 2020 | = | ÷ | = | ÷ | |||||||
| Oct 11, 2019 | = | ÷ | = | ÷ | |||||||
| Oct 26, 2018 | = | ÷ | = | ÷ | |||||||
| Oct 18, 2017 | = | ÷ | = | ÷ | |||||||
| Oct 12, 2016 | = | ÷ | = | ÷ | |||||||
| Oct 14, 2015 | = | ÷ | = | ÷ | |||||||
| Oct 15, 2014 | = | ÷ | = | ÷ | |||||||
| Oct 16, 2013 | = | ÷ | = | ÷ | |||||||
| Oct 19, 2012 | = | ÷ | = | ÷ | |||||||
| Oct 14, 2011 | = | ÷ | = | ÷ | |||||||
| Oct 18, 2010 | = | ÷ | = | ÷ | |||||||
| Oct 16, 2009 | = | ÷ | = | ÷ | |||||||
| Oct 16, 2008 | = | ÷ | = | ÷ | |||||||
| Oct 25, 2007 | = | ÷ | = | ÷ | |||||||
| Nov 17, 2006 | = | ÷ | = | ÷ | |||||||
| Nov 10, 2005 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2024-09-01), 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01), 10-K (reporting date: 2018-09-02), 10-K (reporting date: 2017-09-03), 10-K (reporting date: 2016-08-28), 10-K (reporting date: 2015-08-30), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-09-01), 10-K (reporting date: 2012-09-02), 10-K (reporting date: 2011-08-28), 10-K (reporting date: 2010-08-29), 10-K (reporting date: 2009-08-30), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-09-02), 10-K (reporting date: 2006-09-03), 10-K (reporting date: 2005-08-28).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Costco Wholesale Corp. Annual Report.
- Share Price
- The share price exhibits a clear upward trajectory over the period analyzed. Starting at $50.06 in November 2005, the price experienced modest growth with some fluctuations, remaining below $100 until approximately 2012. From that point forward, the share price accelerated significantly, reaching over $900 by October 2024. Notable surges appear particularly pronounced after 2018, indicating increased market valuation and investor confidence.
- Earnings Per Share (EPS)
- EPS demonstrates a consistent upward trend from $2.25 in 2005 to $16.63 in 2024. Despite minor fluctuations, earnings rose steadily year-over-year, reflecting improving profitability and operational performance. The growth in EPS is relatively smooth, without significant volatility, suggesting stable earnings growth underlying the company's financial results throughout the periods.
- Price-to-Earnings (P/E) Ratio
- The P/E ratio shows variation over time, initially fluctuating between approximately 19 and 28 from 2005 to 2017, reflecting moderate investor valuation levels relative to earnings. Post-2017, the P/E ratio rises more sharply, peaking at 54.68 in 2024. This increase indicates that the stock price has grown at a faster pace than earnings, resulting in higher market expectations for future growth or reflecting greater investor willingness to pay a premium.
- Overall Analysis
- The financial data indicates strong company performance, with both share price and earnings per share steadily increasing over almost two decades. The rising P/E ratio in recent years suggests elevated investor optimism or anticipation of continued accelerated growth. Despite rising valuations, the consistent EPS growth supports the notion that financial fundamentals have improved alongside market appreciation. Volatility in share price and P/E ratios during earlier periods appears moderated in later years, with the latest years showing pronounced price increases relative to earnings gains.
Comparison to Competitors
Costco Wholesale Corp., P/E, long-term trends, comparison to competitors
| Costco Wholesale Corp. | Target Corp. | Walmart Inc. | |
|---|---|---|---|
| Oct 9, 2024 | |||
| Oct 11, 2023 | |||
| Oct 5, 2022 | |||
| Oct 6, 2021 | |||
| Oct 7, 2020 | |||
| Oct 11, 2019 | |||
| Oct 26, 2018 | |||
| Oct 18, 2017 | |||
| Oct 12, 2016 | |||
| Oct 14, 2015 | |||
| Oct 15, 2014 | |||
| Oct 16, 2013 | |||
| Oct 19, 2012 | |||
| Oct 14, 2011 | |||
| Oct 18, 2010 | |||
| Oct 16, 2009 | |||
| Oct 16, 2008 | |||
| Oct 25, 2007 | |||
| Nov 17, 2006 | |||
| Nov 10, 2005 |
Based on: 10-K (reporting date: 2024-09-01), 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01), 10-K (reporting date: 2018-09-02), 10-K (reporting date: 2017-09-03), 10-K (reporting date: 2016-08-28), 10-K (reporting date: 2015-08-30), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-09-01), 10-K (reporting date: 2012-09-02), 10-K (reporting date: 2011-08-28), 10-K (reporting date: 2010-08-29), 10-K (reporting date: 2009-08-30), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-09-02), 10-K (reporting date: 2006-09-03), 10-K (reporting date: 2005-08-28).
Comparison to Sector (Consumer Staples Distribution & Retail)
Costco Wholesale Corp., P/E, long-term trends, comparison to sector (consumer staples distribution & retail)
| Costco Wholesale Corp. | Consumer Staples Distribution & Retail | |
|---|---|---|
| Oct 9, 2024 | ||
| Oct 11, 2023 | ||
| Oct 5, 2022 | ||
| Oct 6, 2021 | ||
| Oct 7, 2020 | ||
| Oct 11, 2019 | ||
| Oct 26, 2018 | ||
| Oct 18, 2017 | ||
| Oct 12, 2016 | ||
| Oct 14, 2015 | ||
| Oct 15, 2014 | ||
| Oct 16, 2013 | ||
| Oct 19, 2012 | ||
| Oct 14, 2011 | ||
| Oct 18, 2010 | ||
| Oct 16, 2009 | ||
| Oct 16, 2008 | ||
| Oct 25, 2007 | ||
| Nov 17, 2006 | ||
| Nov 10, 2005 |
Based on: 10-K (reporting date: 2024-09-01), 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01), 10-K (reporting date: 2018-09-02), 10-K (reporting date: 2017-09-03), 10-K (reporting date: 2016-08-28), 10-K (reporting date: 2015-08-30), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-09-01), 10-K (reporting date: 2012-09-02), 10-K (reporting date: 2011-08-28), 10-K (reporting date: 2010-08-29), 10-K (reporting date: 2009-08-30), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-09-02), 10-K (reporting date: 2006-09-03), 10-K (reporting date: 2005-08-28).
Comparison to Industry (Consumer Staples)
Costco Wholesale Corp., P/E, long-term trends, comparison to industry (consumer staples)
| Costco Wholesale Corp. | Consumer Staples | |
|---|---|---|
| Oct 9, 2024 | ||
| Oct 11, 2023 | ||
| Oct 5, 2022 | ||
| Oct 6, 2021 | ||
| Oct 7, 2020 | ||
| Oct 11, 2019 | ||
| Oct 26, 2018 | ||
| Oct 18, 2017 | ||
| Oct 12, 2016 | ||
| Oct 14, 2015 | ||
| Oct 15, 2014 | ||
| Oct 16, 2013 | ||
| Oct 19, 2012 | ||
| Oct 14, 2011 | ||
| Oct 18, 2010 | ||
| Oct 16, 2009 | ||
| Oct 16, 2008 | ||
| Oct 25, 2007 | ||
| Nov 17, 2006 | ||
| Nov 10, 2005 |
Based on: 10-K (reporting date: 2024-09-01), 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01), 10-K (reporting date: 2018-09-02), 10-K (reporting date: 2017-09-03), 10-K (reporting date: 2016-08-28), 10-K (reporting date: 2015-08-30), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-09-01), 10-K (reporting date: 2012-09-02), 10-K (reporting date: 2011-08-28), 10-K (reporting date: 2010-08-29), 10-K (reporting date: 2009-08-30), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-09-02), 10-K (reporting date: 2006-09-03), 10-K (reporting date: 2005-08-28).