Costco Wholesale (BUE:COST) Cyclically Adjusted Revenue per Share: ARS16,673.20 (As of May. 2026)

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BUE:COST Costco Wholesale Corp BUE:COST
91 GF Score
Price ARS31,500.00
GF Value ARS33,952.11
Valuation Fairly Valued
! 1 Warning Sign
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What is Costco Wholesale Cyclically Adjusted Revenue per Share?

Costco Wholesale BUE:COST +0.57% 91 Cyclically Adjusted Revenue per Share is ARS16,673.20 as of May. 2026. GuruFocus rates BUE:COST with a GF Score™ of 91/100 and a GF Value™ of ARS33,952.11 (Fairly Valued). The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Costco Wholesale's adjusted revenue per share for the three months ended in May. 2026 was ARS896,179.331. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ARS16,673.20 for the trailing ten years ended in May. 2026.

During the past 12 months, Costco Wholesale's average Cyclically Adjusted Revenue Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Costco Wholesale was 12.40% per year. The lowest was 7.10% per year. And the median was 9.00% per year.

As of today (2026-08-04), Costco Wholesale's current stock price is ARS31500.00. Costco Wholesale's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was ARS16,673.20. Costco Wholesale's Cyclically Adjusted PS Ratio of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Costco Wholesale was 2.30. The lowest was 0.64. And the median was 1.23.


Costco Wholesale  (BUE:COST) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Costco Wholesale's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=31500.00/16673.20
=1.89

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Costco Wholesale was 2.30. The lowest was 0.64. And the median was 1.23.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Costco Wholesale Cyclically Adjusted Revenue per Share Related Terms


Costco Wholesale Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Costco Wholesale's Cyclically Adjusted Revenue per Share 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.

Costco Wholesale Cyclically Adjusted Revenue per Share Chart

Costco Wholesale Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,965.22 9,554.42 6,840.80 12,382.01 14,084.73

Costco Wholesale Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Cyclically Adjusted Revenue per Share 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 12,215.45 14,084.73 16,016.65 15,589.64 16,673.20

BUE:COST vs TGT, DG, DLTR: Cyclically Adjusted Revenue per Share Comparison

For the Discount Stores subindustry, Costco Wholesale's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

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

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


BUE:COST
91GF Score
Costco Wholesale Corp BUE:COST
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Costco Wholesale Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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.

For example, Costco Wholesale's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=896179.331/335.1230*335.1230
=896,179.331

Current CPI (May. 2026) = 335.1230.

Costco Wholesale Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 4,944.950 240.849 6,880.520
201611 3,845.665 241.353 5,339.775
201702 4,179.950 243.603 5,750.329
201705 4,224.541 244.733 5,784.838
201708 6,664.460 245.519 9,096.705
201711 5,026.643 246.669 6,829.167
201802 6,027.404 248.991 8,112.429
201805 6,011.294 251.588 8,007.230
201808 10,977.991 252.146 14,590.663
201811 11,371.041 252.038 15,119.535
201902 11,928.834 252.776 15,814.898
201905 13,888.654 256.092 18,174.747
201908 18,749.041 256.558 24,490.505
201911 19,889.131 257.208 25,914.067
202002 21,224.522 258.678 27,496.832
202005 22,373.572 256.394 29,243.658
202008 34,748.975 259.918 44,803.287
202011 28,122.905 260.229 36,216.687
202102 35,283.729 263.014 44,957.261
202105 38,119.424 269.195 47,455.175
202108 52,737.627 273.567 64,604.253
202111 45,228.875 277.948 54,532.633
202202 49,053.292 283.716 57,941.344
202205 54,529.182 292.296 62,518.759
202208 85,538.180 296.171 96,788.043
202211 77,012.095 297.711 86,689.858
202302 93,145.334 300.840 103,759.951
202305 107,407.075 304.127 118,353.784
202308 196,084.672 307.026 214,029.051
202311 182,083.417 307.051 198,730.312
202402 183,963.339 310.326 198,663.167
202405 461,197.569 314.069 492,114.513
202408 667,585.830 314.796 710,693.167
202411 553,208.335 315.493 587,629.002
202502 608,442.129 319.082 639,029.941
202505 672,809.024 321.465 701,394.486
202508 1,032,118.348 323.976 1,067,630.309
202511 878,363.682 324.122 908,176.157
202602 882,283.651 326.785 904,795.336
202605 896,179.331 335.123 896,179.331

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of ARS16,673.20 mean?
Costco Wholesale (BUE:COST) has a Cyclically Adjusted Revenue per Share of ARS16,673.20 as of May. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Costco Wholesale and its competitors.
Is Costco Wholesale's Cyclically Adjusted Revenue per Share too high?
Costco Wholesale's current Cyclically Adjusted Revenue per Share is ARS16,673.20. Overall, Costco Wholesale has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Costco Wholesale's Cyclically Adjusted Revenue per Share compare to TGT and DG?
Costco Wholesale's Cyclically Adjusted Revenue per Share of ARS16,673.20 can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Retail - Defensive company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Defensive industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Costco Wholesale and its competitors. Costco Wholesale's current Cyclically Adjusted Revenue per Share is ARS16,673.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Costco Wholesale stock overvalued right now?
Based on GuruFocus' analysis, Costco Wholesale (BUE:COST) is currently considered Fairly Valued. The stock's GF Value™ is ARS33,952.11, compared to a current price of ARS31,500.00 — trading 7.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ARS16,673.20. Costco Wholesale's overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Costco Wholesale (BUE:COST), the current Cyclically Adjusted Revenue per Share is ARS16,673.20 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Costco Wholesale (BUE:COST) Overvalued in 2026?

Based on GuruFocus' analysis, Costco Wholesale stock appears to be undervalued. The current stock price of ARS31,500.00 is trading 7.2% below its estimated GF Value™ of ARS33,952.11. GuruFocus considers Costco Wholesale to be Fairly Valued.

Key valuation signals for BUE:COST:

  • Cyclically Adjusted Revenue per Share: ARS16,673.20
  • GF Value™: ARS33,952.11 vs. price of ARS31,500.00 (7.2% below fair value)
  • GF Score™: 91/100 with 1 warning sign

No single metric tells the full story. See the BUE:COST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Costco Wholesale Business Description

Address 999 Lake Drive, Issaquah, WA, USA, 98027
Founded in 1983, Costco Wholesale now operates a global chain of membership-based warehouse clubs, delivering high-quality goods and services at consistently low prices. As of its most recent fiscal year, Costco operated approximately 910 warehouses, serving more than 80 million members across its three geographic segments: Costco US (approximately 73% of total revenue), Costco Canada (13%), and Costco International (14%).Costco's core value proposition—quality products at unbeatable prices—has yielded consistently strong member renewal rates (93% in the US and Canada and nearly 90% internationally). About 55% of Costco's fiscal 2025 revenue came from its grocery offerings, and another 25% from general merchandise.
91GF Score

Get the complete analysis for BUE:COST

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS31,500.00
Price
ARS33,952.11
GF Value