Costco Wholesale Corp. (COST)
Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
Difficulty: Beginner
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Historical Valuation Ratios (Summary)
Costco Wholesale Corp., historical price multiples (quarterly data)
Based on: 10-Q (filing date: 2019-06-06), 10-Q (filing date: 2019-03-13), 10-Q (filing date: 2018-12-20), 10-K (filing date: 2018-10-26), 10-Q (filing date: 2018-06-07), 10-Q (filing date: 2018-03-15), 10-Q (filing date: 2017-12-21), 10-K (filing date: 2017-10-18), 10-Q (filing date: 2017-06-01), 10-Q (filing date: 2017-03-09), 10-Q (filing date: 2016-12-16), 10-K (filing date: 2016-10-12), 10-Q (filing date: 2016-06-01), 10-Q (filing date: 2016-03-09), 10-Q (filing date: 2015-12-18), 10-K (filing date: 2015-10-14), 10-Q (filing date: 2015-06-04), 10-Q (filing date: 2015-03-11), 10-Q (filing date: 2014-12-18), 10-K (filing date: 2014-10-15), 10-Q (filing date: 2014-06-05), 10-Q (filing date: 2014-03-14), 10-Q (filing date: 2013-12-20), 10-K (filing date: 2013-10-16), 10-Q (filing date: 2013-06-11), 10-Q (filing date: 2013-03-20), 10-Q (filing date: 2012-12-21).
| Ratio | Description | The company |
|---|---|---|
| P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | Costco Wholesale Corp.’s P/E ratio increased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
| P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | Costco Wholesale Corp.’s P/OP ratio increased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Costco Wholesale Corp.’s P/S ratio increased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company’s required rate of return and its actual rate of return. | Costco Wholesale Corp.’s P/BV ratio increased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Price to Earnings (P/E)
Costco Wholesale Corp., historical P/E calculation (quarterly data)
| May 12, 2019 | Feb 17, 2019 | Nov 25, 2018 | Sep 2, 2018 | May 13, 2018 | Feb 18, 2018 | Nov 26, 2017 | Sep 3, 2017 | May 7, 2017 | Feb 12, 2017 | Nov 20, 2016 | Aug 28, 2016 | May 8, 2016 | Feb 14, 2016 | Nov 22, 2015 | Aug 30, 2015 | May 10, 2015 | Feb 15, 2015 | Nov 23, 2014 | Aug 31, 2014 | May 11, 2014 | Feb 16, 2014 | Nov 24, 2013 | Sep 1, 2013 | May 12, 2013 | Feb 17, 2013 | Nov 25, 2012 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 439,789,186 | 439,880,257 | 440,490,478 | 438,208,376 | 438,541,544 | 438,820,272 | 439,105,871 | 436,989,606 | 438,593,340 | 438,941,216 | 439,240,344 | 437,126,569 | 438,065,563 | 439,035,055 | 439,777,272 | 437,406,636 | 439,487,656 | 439,974,264 | 440,504,400 | 437,762,068 | 438,295,696 | 439,877,548 | 439,722,405 | 436,922,037 | 436,684,233 | 436,371,394 | 435,636,480 | |
| Selected Financial Data (USD $) | ||||||||||||||||||||||||||||
| Net income attributable to Costco (in millions) | 906 | 889 | 767 | 1,043 | 750 | 701 | 640 | 919 | 700 | 515 | 545 | 779 | 545 | 546 | 480 | 767 | 516 | 598 | 496 | 697 | 473 | 463 | 425 | 617 | 459 | 547 | 416 | |
| Earnings per share (EPS)2 | 8.20 | 7.84 | 7.40 | 7.15 | 6.86 | 6.75 | 6.32 | 6.13 | 5.79 | 5.43 | 5.50 | 5.38 | 5.34 | 5.26 | 5.37 | 5.43 | 5.25 | 5.15 | 4.83 | 4.70 | 4.51 | 4.46 | 4.66 | 4.67 | 0.00 | 0.00 | 0.00 | |
| Share price1, 3 | 251.21 | 236.38 | 197.13 | 218.19 | 202.57 | 185.51 | 186.80 | 157.55 | 180.63 | 165.77 | 160.41 | 150.46 | 152.52 | 153.05 | 157.70 | 149.84 | 140.65 | 147.40 | 141.56 | 124.30 | 117.75 | 113.45 | 118.53 | 117.36 | 110.02 | 103.08 | 99.49 | |
| Ratio | ||||||||||||||||||||||||||||
| P/E ratio4 | 30.65 | 30.15 | 26.63 | 30.51 | 29.51 | 27.50 | 29.57 | 25.70 | 31.20 | 30.52 | 29.18 | 27.99 | 28.58 | 29.10 | 29.37 | 27.57 | 26.79 | 28.64 | 29.29 | 26.44 | 26.09 | 25.41 | 25.45 | 25.15 | — | — | — | |
| Benchmarks | ||||||||||||||||||||||||||||
| P/E Ratio, Competitors5 | ||||||||||||||||||||||||||||
| Amazon.com Inc. | — | 79.46 | 80.00 | 79.30 | 90.24 | 141.25 | 193.77 | 228.24 | 275.45 | 254.95 | 171.23 | 166.53 | 175.32 | 186.29 | 266.91 | 463.73 | 856.11 | — | — | — | — | — | — | — | — | — | — | |
| eBay Inc. | — | 13.89 | 12.71 | 12.32 | — | — | — | — | 5.22 | 5.29 | 4.50 | 4.79 | 17.95 | 17.48 | 18.36 | 16.36 | 14.94 | 14.49 | 23.86 | 1,433.64 | — | — | — | — | — | — | — | |
| Home Depot Inc. | 18.09 | 23.25 | 23.90 | 23.51 | 23.49 | 21.04 | 22.66 | 22.37 | 20.76 | 22.62 | 22.94 | 23.32 | 24.49 | 21.18 | 22.26 | 23.15 | 21.38 | 21.34 | 19.68 | 20.18 | — | — | — | — | — | — | — | |
| Lowe’s Cos. Inc. | 19.79 | 22.59 | 20.76 | 20.26 | 20.14 | 20.58 | 23.64 | 22.62 | 25.20 | 24.06 | 25.75 | 26.67 | 23.39 | 22.12 | 23.82 | 26.24 | 24.37 | 21.04 | 19.87 | 21.79 | — | — | — | — | — | — | — | |
| Netflix Inc. | — | 119.81 | 124.52 | 118.55 | 119.73 | 165.07 | 216.75 | 220.95 | 192.24 | 219.23 | 180.43 | 328.44 | 324.54 | 260.96 | 327.37 | 329.54 | 259.82 | 253.73 | 145.96 | 100.63 | — | — | — | — | — | — | — | |
| Target Corp. | 11.50 | 14.71 | 12.87 | 12.97 | 11.87 | 11.12 | 10.98 | 11.11 | 13.17 | 12.54 | 12.15 | 14.61 | — | — | — | — | 30.14 | 25.44 | 18.73 | 19.07 | — | — | — | — | — | — | — | |
| TJX Cos. Inc. | 18.79 | 22.95 | 20.28 | 20.19 | 19.07 | 19.68 | 20.89 | 22.11 | 22.33 | 22.23 | 21.93 | 22.87 | 20.97 | 21.04 | 19.60 | 21.62 | 20.91 | 18.98 | 17.83 | 20.15 | — | — | — | — | — | — | — | |
| Walmart Inc. | 55.00 | 54.35 | 28.14 | 26.62 | 25.20 | 18.32 | 17.64 | 16.02 | 15.02 | 15.00 | 15.30 | 14.72 | 12.38 | 13.48 | 14.60 | 15.91 | 17.56 | 15.75 | 15.72 | 15.34 | — | — | — | — | — | — | — | |
Based on: 10-Q (filing date: 2019-06-06), 10-Q (filing date: 2019-03-13), 10-Q (filing date: 2018-12-20), 10-K (filing date: 2018-10-26), 10-Q (filing date: 2018-06-07), 10-Q (filing date: 2018-03-15), 10-Q (filing date: 2017-12-21), 10-K (filing date: 2017-10-18), 10-Q (filing date: 2017-06-01), 10-Q (filing date: 2017-03-09), 10-Q (filing date: 2016-12-16), 10-K (filing date: 2016-10-12), 10-Q (filing date: 2016-06-01), 10-Q (filing date: 2016-03-09), 10-Q (filing date: 2015-12-18), 10-K (filing date: 2015-10-14), 10-Q (filing date: 2015-06-04), 10-Q (filing date: 2015-03-11), 10-Q (filing date: 2014-12-18), 10-K (filing date: 2014-10-15), 10-Q (filing date: 2014-06-05), 10-Q (filing date: 2014-03-14), 10-Q (filing date: 2013-12-20), 10-K (filing date: 2013-10-16), 10-Q (filing date: 2013-06-11), 10-Q (filing date: 2013-03-20), 10-Q (filing date: 2012-12-21).
1 Data adjusted for splits and stock dividends.
2 Q3 2019 Calculation
EPS
= (Net income attributable to CostcoQ3 2019
+ Net income attributable to CostcoQ2 2019
+ Net income attributable to CostcoQ1 2019
+ Net income attributable to CostcoQ4 2018)
÷ No. shares of common stock outstanding
= (906,000,000 + 889,000,000 + 767,000,000 + 1,043,000,000)
÷ 439,789,186 = 8.20
3 Close price on the filing date of Costco Wholesale Corp.’s Quarterly or Annual Report.
4 Q3 2019 Calculation
P/E ratio = Share price ÷ EPS
= 251.21 ÷ 8.20 = 30.65
5 Click competitor name to see calculations.
| Ratio | Description | The company |
|---|---|---|
| P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | Costco Wholesale Corp.’s P/E ratio increased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Price to Operating Profit (P/OP)
Costco Wholesale Corp., historical P/OP calculation (quarterly data)
| May 12, 2019 | Feb 17, 2019 | Nov 25, 2018 | Sep 2, 2018 | May 13, 2018 | Feb 18, 2018 | Nov 26, 2017 | Sep 3, 2017 | May 7, 2017 | Feb 12, 2017 | Nov 20, 2016 | Aug 28, 2016 | May 8, 2016 | Feb 14, 2016 | Nov 22, 2015 | Aug 30, 2015 | May 10, 2015 | Feb 15, 2015 | Nov 23, 2014 | Aug 31, 2014 | May 11, 2014 | Feb 16, 2014 | Nov 24, 2013 | Sep 1, 2013 | May 12, 2013 | Feb 17, 2013 | Nov 25, 2012 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 439,789,186 | 439,880,257 | 440,490,478 | 438,208,376 | 438,541,544 | 438,820,272 | 439,105,871 | 436,989,606 | 438,593,340 | 438,941,216 | 439,240,344 | 437,126,569 | 438,065,563 | 439,035,055 | 439,777,272 | 437,406,636 | 439,487,656 | 439,974,264 | 440,504,400 | 437,762,068 | 438,295,696 | 439,877,548 | 439,722,405 | 436,922,037 | 436,684,233 | 436,371,394 | 435,636,480 | |
| Selected Financial Data (USD $) | ||||||||||||||||||||||||||||
| Operating income (in millions) | 1,122 | 1,203 | 949 | 1,446 | 1,067 | 1,016 | 951 | 1,450 | 968 | 844 | 849 | 1,191 | 858 | 856 | 767 | 1,156 | 821 | 877 | 770 | 1,091 | 737 | 724 | 668 | 954 | 722 | 738 | 639 | |
| Operating profit per share2 | 10.73 | 10.61 | 10.17 | 10.22 | 10.22 | 9.99 | 9.59 | 9.41 | 8.78 | 8.53 | 8.55 | 8.40 | 8.30 | 8.20 | 8.23 | 8.29 | 8.10 | 7.90 | 7.54 | 7.36 | 7.03 | 6.97 | 7.01 | 6.99 | 0.00 | 0.00 | 0.00 | |
| Share price1, 3 | 251.21 | 236.38 | 197.13 | 218.19 | 202.57 | 185.51 | 186.80 | 157.55 | 180.63 | 165.77 | 160.41 | 150.46 | 152.52 | 153.05 | 157.70 | 149.84 | 140.65 | 147.40 | 141.56 | 124.30 | 117.75 | 113.45 | 118.53 | 117.36 | 110.02 | 103.08 | 99.49 | |
| Ratio | ||||||||||||||||||||||||||||
| P/OP ratio4 | 23.41 | 22.29 | 19.39 | 21.34 | 19.81 | 18.56 | 19.47 | 16.75 | 20.57 | 19.45 | 18.77 | 17.91 | 18.37 | 18.67 | 19.15 | 18.09 | 17.37 | 18.66 | 18.77 | 16.90 | 16.74 | 16.27 | 16.91 | 16.80 | — | — | — | |
| Benchmarks | ||||||||||||||||||||||||||||
| P/OP Ratio, Competitors5 | ||||||||||||||||||||||||||||
| Amazon.com Inc. | — | 64.01 | 64.39 | 64.31 | 74.65 | 120.05 | 151.77 | 168.59 | 163.99 | 141.50 | 107.31 | 94.32 | 91.33 | 92.95 | 102.07 | 123.77 | 163.64 | 323.26 | 722.21 | 924.93 | — | — | — | — | — | — | — | |
| eBay Inc. | — | 13.86 | 14.91 | 14.03 | 12.68 | 15.16 | 16.73 | 18.93 | 17.54 | 17.78 | 15.60 | 14.98 | 13.81 | 14.17 | 12.72 | 12.84 | 13.07 | 12.45 | 22.60 | 18.77 | — | — | — | — | — | — | — | |
| Home Depot Inc. | 12.45 | 15.12 | 14.65 | 13.82 | 14.00 | 12.57 | 13.51 | 13.26 | 12.23 | 13.24 | 13.54 | 13.88 | 14.84 | 12.97 | 13.50 | 14.03 | 12.73 | 12.64 | 11.66 | 11.86 | — | — | — | — | — | — | — | |
| Lowe’s Cos. Inc. | 12.85 | 14.16 | 12.26 | 10.61 | 10.60 | 10.25 | 11.42 | 11.97 | 12.26 | 12.46 | 13.33 | 13.66 | 13.05 | 12.26 | 13.20 | 14.77 | 13.53 | 11.70 | 11.12 | 12.01 | — | — | — | — | — | — | — | |
| Netflix Inc. | — | 74.10 | 97.38 | 89.46 | 92.49 | 119.87 | 141.40 | 147.25 | 113.23 | 123.13 | 103.61 | 161.44 | 185.25 | 145.26 | 160.75 | 132.15 | 136.05 | 140.60 | 86.08 | 66.68 | — | — | — | — | — | — | — | |
| Target Corp. | 8.99 | 10.87 | 9.16 | 8.83 | 6.98 | 6.57 | 6.33 | 6.12 | 7.61 | 7.36 | 7.18 | 8.88 | 9.11 | 9.34 | 10.95 | 11.20 | 11.68 | 10.32 | 9.21 | 8.89 | — | — | — | — | — | — | — | |
| TJX Cos. Inc. | 13.99 | 16.65 | 14.11 | 13.54 | 11.86 | 11.90 | 12.60 | 13.20 | 13.36 | 13.63 | 13.47 | 14.06 | 12.92 | 12.95 | 12.02 | 13.28 | 12.80 | 12.04 | 11.37 | 12.85 | — | — | — | — | — | — | — | |
| Walmart Inc. | 13.94 | 14.03 | 12.38 | 12.85 | 13.01 | 10.35 | 10.56 | 9.60 | 9.36 | 9.29 | 9.32 | 8.97 | 7.35 | 8.04 | 8.83 | 9.59 | 10.47 | 9.39 | 9.35 | 9.14 | — | — | — | — | — | — | — | |
Based on: 10-Q (filing date: 2019-06-06), 10-Q (filing date: 2019-03-13), 10-Q (filing date: 2018-12-20), 10-K (filing date: 2018-10-26), 10-Q (filing date: 2018-06-07), 10-Q (filing date: 2018-03-15), 10-Q (filing date: 2017-12-21), 10-K (filing date: 2017-10-18), 10-Q (filing date: 2017-06-01), 10-Q (filing date: 2017-03-09), 10-Q (filing date: 2016-12-16), 10-K (filing date: 2016-10-12), 10-Q (filing date: 2016-06-01), 10-Q (filing date: 2016-03-09), 10-Q (filing date: 2015-12-18), 10-K (filing date: 2015-10-14), 10-Q (filing date: 2015-06-04), 10-Q (filing date: 2015-03-11), 10-Q (filing date: 2014-12-18), 10-K (filing date: 2014-10-15), 10-Q (filing date: 2014-06-05), 10-Q (filing date: 2014-03-14), 10-Q (filing date: 2013-12-20), 10-K (filing date: 2013-10-16), 10-Q (filing date: 2013-06-11), 10-Q (filing date: 2013-03-20), 10-Q (filing date: 2012-12-21).
1 Data adjusted for splits and stock dividends.
2 Q3 2019 Calculation
Operating profit per share
= (Operating incomeQ3 2019
+ Operating incomeQ2 2019
+ Operating incomeQ1 2019
+ Operating incomeQ4 2018)
÷ No. shares of common stock outstanding
= (1,122,000,000 + 1,203,000,000 + 949,000,000 + 1,446,000,000)
÷ 439,789,186 = 10.73
3 Close price on the filing date of Costco Wholesale Corp.’s Quarterly or Annual Report.
4 Q3 2019 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 251.21 ÷ 10.73 = 23.41
5 Click competitor name to see calculations.
| Ratio | Description | The company |
|---|---|---|
| P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | Costco Wholesale Corp.’s P/OP ratio increased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Price to Sales (P/S)
Costco Wholesale Corp., historical P/S calculation (quarterly data)
| May 12, 2019 | Feb 17, 2019 | Nov 25, 2018 | Sep 2, 2018 | May 13, 2018 | Feb 18, 2018 | Nov 26, 2017 | Sep 3, 2017 | May 7, 2017 | Feb 12, 2017 | Nov 20, 2016 | Aug 28, 2016 | May 8, 2016 | Feb 14, 2016 | Nov 22, 2015 | Aug 30, 2015 | May 10, 2015 | Feb 15, 2015 | Nov 23, 2014 | Aug 31, 2014 | May 11, 2014 | Feb 16, 2014 | Nov 24, 2013 | Sep 1, 2013 | May 12, 2013 | Feb 17, 2013 | Nov 25, 2012 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 439,789,186 | 439,880,257 | 440,490,478 | 438,208,376 | 438,541,544 | 438,820,272 | 439,105,871 | 436,989,606 | 438,593,340 | 438,941,216 | 439,240,344 | 437,126,569 | 438,065,563 | 439,035,055 | 439,777,272 | 437,406,636 | 439,487,656 | 439,974,264 | 440,504,400 | 437,762,068 | 438,295,696 | 439,877,548 | 439,722,405 | 436,922,037 | 436,684,233 | 436,371,394 | 435,636,480 | |
| Selected Financial Data (USD $) | ||||||||||||||||||||||||||||
| Net sales (in millions) | 33,964 | 34,628 | 34,311 | 43,414 | 31,624 | 32,279 | 31,117 | 41,357 | 28,216 | 29,130 | 27,469 | 35,728 | 26,151 | 27,567 | 26,627 | 34,993 | 25,517 | 26,872 | 26,284 | 34,755 | 25,233 | 25,756 | 24,468 | 31,771 | 23,552 | 24,343 | 23,204 | |
| Sales per share2 | 332.70 | 327.31 | 321.52 | 315.91 | 310.98 | 303.01 | 295.65 | 288.73 | 274.84 | 269.92 | 266.18 | 265.54 | 263.29 | 261.26 | 259.24 | 259.86 | 258.09 | 257.16 | 254.32 | 251.76 | 244.65 | 239.95 | 236.82 | 235.44 | 0.00 | 0.00 | 0.00 | |
| Share price1, 3 | 251.21 | 236.38 | 197.13 | 218.19 | 202.57 | 185.51 | 186.80 | 157.55 | 180.63 | 165.77 | 160.41 | 150.46 | 152.52 | 153.05 | 157.70 | 149.84 | 140.65 | 147.40 | 141.56 | 124.30 | 117.75 | 113.45 | 118.53 | 117.36 | 110.02 | 103.08 | 99.49 | |
| Ratio | ||||||||||||||||||||||||||||
| P/S ratio4 | 0.76 | 0.72 | 0.61 | 0.69 | 0.65 | 0.61 | 0.63 | 0.55 | 0.66 | 0.61 | 0.60 | 0.57 | 0.58 | 0.59 | 0.61 | 0.58 | 0.54 | 0.57 | 0.56 | 0.49 | 0.48 | 0.47 | 0.50 | 0.50 | — | — | — | |
| Benchmarks | ||||||||||||||||||||||||||||
| P/S Ratio, Competitors5 | ||||||||||||||||||||||||||||
| Amazon.com Inc. | — | 3.81 | 3.98 | 3.43 | 3.64 | 4.26 | 3.95 | 3.89 | 3.29 | 3.26 | 3.10 | 2.90 | 2.88 | 2.98 | 2.74 | 2.58 | 2.79 | 2.58 | 2.25 | 1.85 | — | — | — | — | — | — | — | |
| eBay Inc. | — | 3.07 | 3.11 | 2.90 | 2.67 | 3.30 | 3.87 | 4.48 | 4.20 | 4.28 | 3.89 | 3.88 | 3.64 | 3.85 | 3.35 | 3.28 | 3.03 | 2.59 | 4.56 | 3.68 | — | — | — | — | — | — | — | |
| Home Depot Inc. | 1.81 | 2.20 | 2.11 | 2.01 | 2.03 | 1.82 | 1.93 | 1.88 | 1.71 | 1.83 | 1.84 | 1.85 | 1.95 | 1.67 | 1.73 | 1.77 | 1.56 | 1.53 | 1.37 | 1.38 | — | — | — | — | — | — | — | |
| Lowe’s Cos. Inc. | 1.03 | 1.26 | 1.15 | 1.02 | 1.04 | 0.93 | 1.00 | 1.08 | 0.98 | 1.10 | 1.18 | 1.15 | 1.20 | 1.09 | 1.15 | 1.26 | 1.12 | 0.95 | 0.88 | 0.93 | — | — | — | — | — | — | — | |
| Netflix Inc. | — | 7.83 | 9.48 | 9.09 | 10.15 | 11.77 | 11.40 | 10.56 | 7.77 | 7.79 | 6.40 | 6.94 | 6.47 | 4.83 | 5.79 | 5.96 | 6.57 | 8.00 | 5.97 | 4.88 | — | — | — | — | — | — | — | |
| Target Corp. | 0.50 | 0.62 | 0.53 | 0.53 | 0.45 | 0.44 | 0.44 | 0.44 | 0.63 | 0.58 | 0.56 | 0.67 | 0.61 | 0.63 | 0.70 | 0.70 | 0.64 | 0.53 | 0.49 | 0.52 | — | — | — | — | — | — | — | |
| TJX Cos. Inc. | 1.50 | 1.81 | 1.54 | 1.47 | 1.34 | 1.35 | 1.45 | 1.53 | 1.56 | 1.61 | 1.60 | 1.68 | 1.56 | 1.60 | 1.49 | 1.65 | 1.57 | 1.47 | 1.38 | 1.57 | — | — | — | — | — | — | — | |
| Walmart Inc. | 0.56 | 0.56 | 0.50 | 0.53 | 0.59 | 0.48 | 0.50 | 0.45 | 0.45 | 0.46 | 0.46 | 0.45 | 0.39 | 0.43 | 0.49 | 0.54 | 0.58 | 0.52 | 0.53 | 0.52 | — | — | — | — | — | — | — | |
Based on: 10-Q (filing date: 2019-06-06), 10-Q (filing date: 2019-03-13), 10-Q (filing date: 2018-12-20), 10-K (filing date: 2018-10-26), 10-Q (filing date: 2018-06-07), 10-Q (filing date: 2018-03-15), 10-Q (filing date: 2017-12-21), 10-K (filing date: 2017-10-18), 10-Q (filing date: 2017-06-01), 10-Q (filing date: 2017-03-09), 10-Q (filing date: 2016-12-16), 10-K (filing date: 2016-10-12), 10-Q (filing date: 2016-06-01), 10-Q (filing date: 2016-03-09), 10-Q (filing date: 2015-12-18), 10-K (filing date: 2015-10-14), 10-Q (filing date: 2015-06-04), 10-Q (filing date: 2015-03-11), 10-Q (filing date: 2014-12-18), 10-K (filing date: 2014-10-15), 10-Q (filing date: 2014-06-05), 10-Q (filing date: 2014-03-14), 10-Q (filing date: 2013-12-20), 10-K (filing date: 2013-10-16), 10-Q (filing date: 2013-06-11), 10-Q (filing date: 2013-03-20), 10-Q (filing date: 2012-12-21).
1 Data adjusted for splits and stock dividends.
2 Q3 2019 Calculation
Sales per share
= (Net salesQ3 2019
+ Net salesQ2 2019
+ Net salesQ1 2019
+ Net salesQ4 2018)
÷ No. shares of common stock outstanding
= (33,964,000,000 + 34,628,000,000 + 34,311,000,000 + 43,414,000,000)
÷ 439,789,186 = 332.70
3 Close price on the filing date of Costco Wholesale Corp.’s Quarterly or Annual Report.
4 Q3 2019 Calculation
P/S ratio = Share price ÷ Sales per share
= 251.21 ÷ 332.70 = 0.76
5 Click competitor name to see calculations.
| Ratio | Description | The company |
|---|---|---|
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Costco Wholesale Corp.’s P/S ratio increased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Price to Book Value (P/BV)
Costco Wholesale Corp., historical P/BV calculation (quarterly data)
| May 12, 2019 | Feb 17, 2019 | Nov 25, 2018 | Sep 2, 2018 | May 13, 2018 | Feb 18, 2018 | Nov 26, 2017 | Sep 3, 2017 | May 7, 2017 | Feb 12, 2017 | Nov 20, 2016 | Aug 28, 2016 | May 8, 2016 | Feb 14, 2016 | Nov 22, 2015 | Aug 30, 2015 | May 10, 2015 | Feb 15, 2015 | Nov 23, 2014 | Aug 31, 2014 | May 11, 2014 | Feb 16, 2014 | Nov 24, 2013 | Sep 1, 2013 | May 12, 2013 | Feb 17, 2013 | Nov 25, 2012 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 439,789,186 | 439,880,257 | 440,490,478 | 438,208,376 | 438,541,544 | 438,820,272 | 439,105,871 | 436,989,606 | 438,593,340 | 438,941,216 | 439,240,344 | 437,126,569 | 438,065,563 | 439,035,055 | 439,777,272 | 437,406,636 | 439,487,656 | 439,974,264 | 440,504,400 | 437,762,068 | 438,295,696 | 439,877,548 | 439,722,405 | 436,922,037 | 436,684,233 | 436,371,394 | 435,636,480 | |
| Selected Financial Data (USD $) | ||||||||||||||||||||||||||||
| Total Costco stockholders’ equity (in millions) | 14,486 | 13,858 | 13,167 | 12,799 | 12,143 | 11,754 | 11,078 | 10,778 | 9,898 | 12,440 | 11,973 | 12,079 | 11,505 | 11,000 | 10,848 | 10,617 | 10,587 | 10,206 | 12,359 | 12,303 | 11,819 | 11,515 | 11,221 | 10,833 | 10,472 | 10,112 | 12,665 | |
| Book value per share (BVPS)2 | 32.94 | 31.50 | 29.89 | 29.21 | 27.69 | 26.79 | 25.23 | 24.66 | 22.57 | 28.34 | 27.26 | 27.63 | 26.26 | 25.05 | 24.67 | 24.27 | 24.09 | 23.20 | 28.06 | 28.10 | 26.97 | 26.18 | 25.52 | 24.79 | 23.98 | 23.17 | 29.07 | |
| Share price1, 3 | 251.21 | 236.38 | 197.13 | 218.19 | 202.57 | 185.51 | 186.80 | 157.55 | 180.63 | 165.77 | 160.41 | 150.46 | 152.52 | 153.05 | 157.70 | 149.84 | 140.65 | 147.40 | 141.56 | 124.30 | 117.75 | 113.45 | 118.53 | 117.36 | 110.02 | 103.08 | 99.49 | |
| Ratio | ||||||||||||||||||||||||||||
| P/BV ratio4 | 7.63 | 7.50 | 6.59 | 7.47 | 7.32 | 6.93 | 7.40 | 6.39 | 8.00 | 5.85 | 5.88 | 5.44 | 5.81 | 6.11 | 6.39 | 6.17 | 5.84 | 6.35 | 5.05 | 4.42 | 4.37 | 4.33 | 4.64 | 4.73 | 4.59 | 4.45 | 3.42 | |
| Benchmarks | ||||||||||||||||||||||||||||
| P/BV Ratio, Competitors5 | ||||||||||||||||||||||||||||
| Amazon.com Inc. | — | 18.11 | 19.84 | 18.34 | 20.53 | 25.33 | 24.25 | 24.98 | 21.52 | 21.11 | 20.40 | 20.47 | 20.74 | 21.75 | 21.09 | 20.65 | 22.59 | 21.04 | 19.06 | 15.33 | 12.86 | 14.12 | 13.54 | — | — | — | — | |
| eBay Inc. | — | 8.12 | 6.45 | 4.96 | 4.03 | 4.72 | 5.06 | 5.32 | 3.48 | 3.42 | 3.04 | 3.30 | 4.76 | 5.24 | 4.60 | 4.29 | 5.22 | 1.76 | 3.66 | 3.31 | 3.00 | 3.37 | 3.34 | — | — | — | — | |
| Home Depot Inc. | 144.66 | 114.03 | 127.78 | 139.52 | 79.38 | 49.72 | 46.72 | 41.08 | 28.38 | 25.28 | 26.19 | 25.88 | 22.23 | 16.50 | 15.83 | 15.76 | 12.65 | 10.79 | 8.97 | 8.68 | 7.99 | 6.94 | 7.08 | — | — | — | — | |
| Lowe’s Cos. Inc. | 13.54 | 15.37 | 13.85 | 11.89 | 12.47 | 11.38 | 12.01 | 10.87 | 9.32 | 9.74 | 9.85 | 8.87 | 8.33 | 7.22 | 6.90 | 7.10 | 5.80 | 4.62 | 4.10 | 4.20 | 3.84 | 3.67 | 3.32 | — | — | — | — | |
| Netflix Inc. | — | 22.60 | 27.62 | 27.41 | 30.18 | 36.33 | 36.16 | 34.48 | 25.43 | 25.50 | 20.46 | 22.88 | 20.93 | 15.23 | 17.89 | 18.18 | 19.52 | 24.06 | 18.15 | 14.45 | 12.55 | 16.09 | 14.33 | — | — | — | — | |
| Target Corp. | 3.36 | 4.08 | 3.43 | 3.25 | 2.82 | 2.78 | 2.78 | 2.78 | 3.98 | 3.56 | 3.25 | 3.79 | 3.40 | 3.33 | 3.61 | 3.63 | 2.81 | 2.34 | 2.15 | 2.32 | 2.52 | 2.49 | 2.71 | — | — | — | — | |
| TJX Cos. Inc. | 11.07 | 13.06 | 10.74 | 10.23 | 9.89 | 10.04 | 10.67 | 11.27 | 11.79 | 11.61 | 11.18 | 12.09 | 10.89 | 11.15 | 10.21 | 11.23 | 10.28 | 9.66 | 8.90 | 10.18 | 10.77 | 9.79 | 9.68 | — | — | — | — | |
| Walmart Inc. | 3.94 | 3.97 | 3.34 | 3.37 | 3.79 | 3.05 | 3.26 | 2.81 | 2.80 | 2.89 | 2.94 | 2.69 | 2.35 | 2.65 | 3.07 | 3.20 | 3.51 | 3.21 | 3.41 | 3.22 | 3.52 | 3.30 | 3.56 | — | — | — | — | |
Based on: 10-Q (filing date: 2019-06-06), 10-Q (filing date: 2019-03-13), 10-Q (filing date: 2018-12-20), 10-K (filing date: 2018-10-26), 10-Q (filing date: 2018-06-07), 10-Q (filing date: 2018-03-15), 10-Q (filing date: 2017-12-21), 10-K (filing date: 2017-10-18), 10-Q (filing date: 2017-06-01), 10-Q (filing date: 2017-03-09), 10-Q (filing date: 2016-12-16), 10-K (filing date: 2016-10-12), 10-Q (filing date: 2016-06-01), 10-Q (filing date: 2016-03-09), 10-Q (filing date: 2015-12-18), 10-K (filing date: 2015-10-14), 10-Q (filing date: 2015-06-04), 10-Q (filing date: 2015-03-11), 10-Q (filing date: 2014-12-18), 10-K (filing date: 2014-10-15), 10-Q (filing date: 2014-06-05), 10-Q (filing date: 2014-03-14), 10-Q (filing date: 2013-12-20), 10-K (filing date: 2013-10-16), 10-Q (filing date: 2013-06-11), 10-Q (filing date: 2013-03-20), 10-Q (filing date: 2012-12-21).
1 Data adjusted for splits and stock dividends.
2 Q3 2019 Calculation
BVPS = Total Costco stockholders’ equity ÷ No. shares of common stock outstanding
= 14,486,000,000 ÷ 439,789,186 = 32.94
3 Close price on the filing date of Costco Wholesale Corp.’s Quarterly or Annual Report.
4 Q3 2019 Calculation
P/BV ratio = Share price ÷ BVPS
= 251.21 ÷ 32.94 = 7.63
5 Click competitor name to see calculations.
| Ratio | Description | The company |
|---|---|---|
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company’s required rate of return and its actual rate of return. | Costco Wholesale Corp.’s P/BV ratio increased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |