Costco Wholesale Corp Stock Price To Earnings To Growth
| COST Stock | 44.55 0.15 0.34% |
Costco Wholesale Corp fundamentals help investors to digest information that contributes to Costco Wholesale's financial success or failures. It also enables traders to predict the movement of Costco Stock. The fundamental analysis module provides a way to measure Costco Wholesale's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Costco Wholesale stock.
Costco | Price To Earnings To Growth |
Costco Wholesale Corp Company Price To Earnings To Growth Analysis
Costco Wholesale's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Current Costco Wholesale Price To Earnings To Growth | 5.72 X |
Most of Costco Wholesale's fundamental indicators, such as Price To Earnings To Growth, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Costco Wholesale Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
| Competition |
Based on the latest financial disclosure, Costco Wholesale Corp has a Price To Earnings To Growth of 5.7229 times. This is 294.68% higher than that of the Broadline Retail sector and 2.51% lower than that of the Consumer Discretionary industry. The price to earnings to growth for all Canada stocks is 17.03% lower than that of the firm.
Costco Price To Earnings To Growth Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Costco Wholesale's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Costco Wholesale could also be used in its relative valuation, which is a method of valuing Costco Wholesale by comparing valuation metrics of similar companies.Costco Wholesale is currently under evaluation in price to earnings to growth category among its peers.
Costco Fundamentals
| Return On Equity | 0.3 | |||
| Return On Asset | 0.0836 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 593.15 B | |||
| Shares Outstanding | 13.07 B | |||
| Price To Book | 17.69 X | |||
| Price To Sales | 2.35 X | |||
| Revenue | 242.29 B | |||
| Gross Profit | 30.09 B | |||
| EBITDA | 11.52 B | |||
| Net Income | 6.29 B | |||
| Total Debt | 1.08 B | |||
| Book Value Per Share | 53.31 X | |||
| Cash Flow From Operations | 11.07 B | |||
| Earnings Per Share | 0.78 X | |||
| Price To Earnings To Growth | 5.72 X | |||
| Number Of Employees | 333 K | |||
| Beta | 0.79 | |||
| Market Capitalization | 597.16 B | |||
| Total Asset | 68.99 B | |||
| Retained Earnings | 19.52 B | |||
| Working Capital | 2.3 B | |||
| Annual Yield | 0 % | |||
| Net Asset | 68.99 B | |||
| Last Dividend Paid | 4.36 |
About Costco Wholesale Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Costco Wholesale Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Costco Wholesale using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Costco Wholesale Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Costco Wholesale
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Costco Wholesale position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Costco Wholesale will appreciate offsetting losses from the drop in the long position's value.Moving against Costco Stock
The ability to find closely correlated positions to Costco Wholesale could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Costco Wholesale when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Costco Wholesale - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Costco Wholesale Corp to buy it.
The correlation of Costco Wholesale is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Costco Wholesale moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Costco Wholesale Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Costco Wholesale can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Costco Wholesale Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.