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Costco Wholesale (BUE:COST) Cyclically Adjusted Revenue per Share : ARS9,802.44 (As of Feb. 2024)


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What is Costco Wholesale Cyclically Adjusted Revenue per Share?

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 Feb. 2024 was ARS183,963.339. 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 ARS9,802.44 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Costco Wholesale's average Cyclically Adjusted Revenue Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.80% 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 9.30% per year.

As of today (2024-04-29), Costco Wholesale's current stock price is ARS16519.00. Costco Wholesale's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was ARS9,802.44. Costco Wholesale's Cyclically Adjusted PS Ratio of today is 1.69.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Costco Wholesale was 1.74. The lowest was 0.60. And the median was 0.85.


Costco Wholesale Cyclically Adjusted Revenue per Share Historical Data

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.

* Premium members only.

Costco Wholesale Cyclically Adjusted Revenue per Share Chart

Costco Wholesale Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 234.61 9,425.38 4,965.22 9,554.42 6,840.80

Costco Wholesale Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3,088.80 4,203.22 6,840.80 7,472.08 9,802.44

Competitive Comparison of Costco Wholesale's Cyclically Adjusted Revenue per Share

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's Cyclically Adjusted PS Ratio Distribution in the 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.



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 Feb. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=183963.339/129.4194*129.4194
=183,963.339

Current CPI (Feb. 2024) = 129.4194.

Costco Wholesale Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 1,873.491 100.373 2,415.662
201408 2,673.781 100.352 3,448.243
201411 2,069.027 99.635 2,687.543
201502 2,163.189 99.032 2,826.960
201505 2,118.558 100.333 2,732.739
201508 3,004.964 100.548 3,867.807
201511 2,383.116 100.135 3,080.069
201602 3,956.406 100.040 5,118.325
201605 3,469.589 101.355 4,430.282
201608 4,944.950 101.617 6,297.900
201611 3,845.665 101.829 4,887.622
201702 4,179.950 102.779 5,263.412
201705 4,224.541 103.256 5,294.997
201708 6,664.460 103.587 8,326.427
201711 5,026.643 104.072 6,250.896
201802 6,027.404 105.052 7,425.494
201805 6,011.294 106.148 7,329.203
201808 10,977.991 106.383 13,355.176
201811 11,371.041 106.338 13,839.269
201902 11,928.834 106.649 14,475.747
201905 13,888.654 108.048 16,635.782
201908 18,749.041 108.245 22,416.727
201911 19,889.131 108.519 23,719.755
202002 21,224.522 109.139 25,168.500
202005 22,373.572 108.175 26,767.401
202008 34,748.975 109.662 41,009.495
202011 28,122.905 109.793 33,149.984
202102 35,283.729 110.968 41,150.445
202105 38,119.424 113.576 43,436.855
202108 52,737.627 115.421 59,133.813
202111 45,228.875 117.269 49,915.015
202202 49,053.292 119.703 53,035.080
202205 54,529.182 123.323 57,224.893
202208 85,538.180 124.958 88,592.379
202211 77,012.095 125.607 79,349.299
202302 93,145.334 126.928 94,973.932
202305 107,407.075 128.314 108,332.028
202308 196,084.672 129.538 195,905.901
202311 182,083.417 129.548 181,902.526
202402 183,963.339 129.419 183,963.339

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


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
=16519.00/9802.44
=1.69

* 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 1.74. The lowest was 0.60. And the median was 0.85.


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

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


Costco Wholesale (BUE:COST) 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 Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates nearly 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the U.K.