Switch to:

Costco Wholesale E10

: $5.52 (As of Aug. 2019)
View and export this data going back to 1985. Start your Free Trial

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Costco Wholesale's adjusted earnings per share data for the three months ended in Aug. 2019 was $2.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $5.52 for the trailing ten years ended in Aug. 2019.

As of today (2019-10-22), Costco Wholesale's current stock price is $302.17. Costco Wholesale's E10 for the quarter that ended in Aug. 2019 was $5.52. Costco Wholesale's Shiller PE Ratio of today is 54.74.

During the past 13 years, the highest Shiller PE Ratio of Costco Wholesale was 55.08. The lowest was 18.65. And the median was 36.14.


Costco Wholesale E10 Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Costco Wholesale Annual Data
Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.73 4.02 4.43 4.89 5.52

Costco Wholesale Quarterly Data
Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19
E10 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 Premium Member Only Premium Member Only Premium Member Only 4.89 4.99 5.18 5.38 5.52

Competitive Comparison
* 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.


Costco Wholesale E10 Distribution

* The bar in red indicates where Costco Wholesale's E10 falls into.



Costco Wholesale E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today’s price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

For example, Costco Wholesale's adjusted earnings per share data for the three months ended in Aug. 2019 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Aug. 2019 (Change)*Current CPI (Aug. 2019)
=2.47/256.181*256.181
=2.470

Current CPI (Aug. 2019) = 256.181.

Costco Wholesale Quarterly Data

per share eps CPI Adj_EPS
200911 0.600 216.330 0.711
201002 0.670 216.741 0.792
201005 0.680 218.178 0.798
201008 0.970 218.312 1.138
201011 0.710 218.803 0.831
201102 0.790 221.309 0.914
201105 0.730 225.964 0.828
201108 1.080 226.545 1.221
201111 0.730 226.230 0.827
201202 0.900 227.663 1.013
201205 0.880 229.815 0.981
201208 1.390 230.379 1.546
201211 0.950 230.221 1.057
201302 1.240 232.166 1.368
201305 1.040 232.945 1.144
201308 1.400 233.877 1.534
201311 0.960 233.069 1.055
201402 1.050 234.781 1.146
201405 1.070 237.900 1.152
201408 1.580 237.852 1.702
201411 1.120 236.151 1.215
201502 1.350 234.722 1.473
201505 1.170 237.805 1.260
201508 1.730 238.316 1.860
201511 1.090 237.336 1.177
201602 1.240 237.111 1.340
201605 1.240 240.229 1.322
201608 1.770 240.849 1.883
201611 1.240 241.353 1.316
201702 1.170 243.603 1.230
201705 1.590 244.733 1.664
201708 2.080 245.519 2.170
201711 1.450 246.669 1.506
201802 1.590 248.991 1.636
201805 1.700 251.588 1.731
201808 2.360 252.146 2.398
201811 1.730 252.038 1.758
201902 2.010 252.776 2.037
201905 2.050 256.092 2.051
201908 2.470 256.181 2.470

Add all the adjusted EPS together and divide 10 will get our e10.


Costco Wholesale  (NAS:COST) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Costco Wholesale's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=302.17/5.52
=54.74

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

During the past 13 years, the highest Shiller P/E Ratio of Costco Wholesale was 55.08. The lowest was 18.65. And the median was 36.14.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Costco Wholesale E10 Related Terms

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)