PriceSmart (NASDAQ: PSMT) has elevated risk as an emerging-market stock, but it is well positioned and trading at a value relative to its peers, Walmart’s (NASDAQ: WMT) Sam’s Club and Costco (NASDAQ: COST).
These two leading membership club retailers, which trade at much higher valuations, suggest PriceSmart's stock has plenty of upside. Trading at approximately 29x earnings versus Costco’s approximately 50x, the upside potential is significant indeed, and underpinned by its ability to grow.
PriceSmart self-funds its growth and leads in terms of percentage gains. The fiscal Q2 2026 results reflect a 9.7% growth rate, compared with Costco's 9.1% and Walmart's 5.6% during the comparable period.