# Jim Cramer Endorses Costco Value Despite High P/E

> Jim Cramer says Costco remains a great value despite 49x P/E multiple.
- Title: Jim Cramer Endorses Costco Value Despite High P/E | Shortify
- Summary: Jim Cramer says Costco remains a great value despite 49x P/E multiple. Jim Cramer maintains Costco offers great value as membership renewals and revenue…
- Keywords: costco, jim cramer, charlie munger, p/e ratio, membership renewals, costco stock, comparable sales, 24/7 Wall St.
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/11/05/jim-cramer-says-costco-is-still-a-great-value-charlie-mungers-rule-explains-why
- Author: Chris Lange
- Published: 2026-11-05T22:07:28+00:00
- Read time: 1 min
- Topics: costco, jim cramer, charlie munger, p/e ratio, membership renewals, costco stock, comparable sales
## Cramer's Costco Value Claim
Jim Cramer says Costco represents great value despite recent stock gains.

> I continue to think that Costco represents great value
## Costco's Recent Performance
Costco stock rose 15.9% in one month and 24.67% year to date.
## Q4 Sales and Revenue
Costco reported 9.4% comparable sales growth and $95.72 billion revenue.
## Membership Model
Costco uses membership fees to fund low prices with 89.8% renewal rate.
## Munger's P/E Rule
Charlie Munger said Costco is the only stock you don't need to pay attention to P/E ratio.

> the one stock where you can look past the P/E
## Current P/E Multiple
Costco trades at 49x trailing P/E and 45x forward P/E with 5.1 PEG ratio.
## Value Justification
Costco's consistent growth and 787% stock increase over ten years support value claim.
## Key takeaway

Jim Cramer maintains Costco offers great value as membership renewals and revenue growth outpace price increases.