PriceSmart (PSMT) Share Trading at $155.52 with P/E 30.57

AI Summary

PriceSmart, Inc. (PSMT) shares were trading at $155.52 as of April 28. The company's trailing P/E ratio stands at 30.57. Year-over-year, net merchandise sales increased by 10.6%, with e-commerce now representing 6.6% of total sales. PriceSmart has a membership-driven model, which accounts for approximately 37% of operating profit, and boasts a high renewal rate of 89%. The stock has appreciated about 52.90% since the last bullish thesis was published in April 2025.