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Costco Wholesale (MEX:COST) Cyclically Adjusted PB Ratio : 22.92 (As of Jun. 02, 2025)


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What is Costco Wholesale Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Costco Wholesale's current share price is MXN20327.00. Costco Wholesale's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was MXN886.85. Costco Wholesale's Cyclically Adjusted PB Ratio for today is 22.92.

The historical rank and industry rank for Costco Wholesale's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:COST' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.35   Med: 10.5   Max: 25.21
Current: 23.82

During the past years, Costco Wholesale's highest Cyclically Adjusted PB Ratio was 25.21. The lowest was 5.35. And the median was 10.50.

MEX:COST's Cyclically Adjusted PB Ratio is ranked worse than
97.82% of 229 companies
in the Retail - Defensive industry
Industry Median: 1.71 vs MEX:COST: 23.82

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Costco Wholesale's adjusted book value per share data for the three months ended in Feb. 2025 was MXN1,183.228. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN886.85 for the trailing ten years ended in Feb. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Costco Wholesale Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Costco Wholesale's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Costco Wholesale Cyclically Adjusted PB Ratio Chart

Costco Wholesale Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.44 14.04 14.50 13.98 21.25

Costco Wholesale Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.29 19.52 21.25 22.85 24.02

Competitive Comparison of Costco Wholesale's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, Costco Wholesale's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Costco Wholesale's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Costco Wholesale's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Costco Wholesale's Cyclically Adjusted PB Ratio falls into.


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Costco Wholesale Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Costco Wholesale's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20327.00/886.85
=22.92

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Costco Wholesale's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 is calculated as:

For example, Costco Wholesale's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book=Book Value per Share/CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=1183.228/134.6241*134.6241
=1,183.228

Current CPI (Feb. 2025) = 134.6241.

Costco Wholesale Quarterly Data

Book Value per Share CPI Adj_Book
201505 370.225 100.333 496.760
201508 405.611 100.548 543.074
201511 409.485 100.135 550.524
201602 452.680 100.040 609.175
201605 483.584 101.355 642.316
201608 520.376 101.617 689.405
201611 557.612 101.829 737.194
201702 566.748 102.779 742.352
201705 420.999 103.256 548.897
201708 438.499 103.587 569.883
201711 470.011 104.072 607.989
201802 504.652 105.052 646.711
201805 553.728 106.148 702.277
201808 561.204 106.383 710.184
201811 606.650 106.338 768.024
201902 606.925 106.649 766.128
201905 647.308 108.048 806.524
201908 695.792 108.245 865.358
201911 701.645 108.519 870.433
202002 742.321 109.139 915.661
202005 843.670 108.175 1,049.946
202008 906.628 109.662 1,113.000
202011 675.981 109.793 828.860
202102 740.451 110.968 898.297
202105 743.066 113.576 880.771
202108 798.008 115.421 930.778
202111 893.226 117.269 1,025.416
202202 893.872 119.703 1,005.296
202205 887.140 123.323 968.437
202208 936.636 124.958 1,009.092
202211 936.839 125.607 1,004.090
202302 942.891 126.928 1,000.065
202305 943.937 128.314 990.354
202308 955.309 129.538 992.821
202311 1,023.746 129.548 1,063.859
202402 798.469 130.930 820.998
202405 834.530 132.509 847.850
202408 1,051.520 132.816 1,065.837
202411 1,122.511 133.110 1,135.280
202502 1,183.228 134.624 1,183.228

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Costco Wholesale  (MEX:COST) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Costco Wholesale Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Costco Wholesale's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Costco Wholesale Business Description

Address
999 Lake Drive, Issaquah, WA, USA, 98027
Costco operates a membership-based, no-frills retail model predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given its frugal cost structure, the firm is able to price its merchandise below that of competing retailers, driving high sales volume per warehouse and generating strong profits on thin margins. Costco operates over 600 warehouses in the United States and has over 60% share in the domestic warehouse club industry. Internationally, Costco operates another 280 warehouses, primarily in Canada, Mexico, Japan, and the UK.