The P/E ratio for Ross Stores stock stands at 23.6 as of Jul 26, 2024. This is calculated based on the current EPS of $5.97 and the stock price of $140.91 per share. The current PE ratio is about the same as the last 4 quarters average.
Over the last ten years, the average PE ratio of Ross Stores has been 37.35. The current 23.6 price-to-earnings ratio is 37% less than the historical average. In the past ten years, ROST's PE ratio reached its highest point in the Jan 2021 quarter at 463.71, with a price of $111.29 and an EPS of $0.24. The Aug 2014 quarter saw the lowest point at 15.48, with a price of $32.35 and an EPS of $2.09.
Maximum annual increase: 1,813.78% in 2021
Maximum annual decrease: -95.79% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 25.7 | -5.34% |
| 2023 | 27.15 | 38.95% |
| 2022 | 19.54 | -95.79% |
| 2021 | 463.71 | 1,813.78% |
| 2020 | 24.23 | 13.6% |
| 2019 | 21.33 | -3.44% |
| 2018 | 22.09 | -3.62% |
| 2017 | 22.92 | 3.06% |
| 2016 | 22.24 | 8.65% |
| 2015 | 20.47 | 18.74% |
The current PE ratio of ROST is lower than the 3, 5 and 10-year averages.
ROST's PE ratio is less than its peer stock TJX, but it is above GPS's and ANF's. Ross Stores is presently trading at a higher PE ratio (23.6) than its peer group average of 15.62.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GES Guess Inc | 5.68 | $1.26B |
| GPS Gap Inc | 11.72 | $8.04B |
| JWN Nordstrom Inc | 11.95 | $3.62B |
| URBN Urban Outfitters Inc | 15.03 | $4.35B |
| ANF Abercrombie & Fitch Co | 18.1 | $7.8B |
| AEO American Eagle Outfitters Inc | 19.41 | $4.27B |
| ROST Ross Stores Inc | 23.6 | $47B |
| TJX Tjx Companies Inc | 27.48 | $126.38B |
| CTRN Citi Trends Inc | N/A | $161.25M |
The price to earnings ratio for ROST stock as of Jul 26, 2024, stands at 23.6.
The 3-year average PE ratio for ROST stock is 23.83.
The 5-year average PE ratio for ROST stock is 53.5.
In the last ten years, the Jan 2021 quarter recorded the highest quarterly PE ratio at 463.71.
The current price to earnings ratio of ROST is 37% lower than the 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 26, 2024), Ross Stores's stock price is $140.91. The earnings per share for the trailing twelve months (TTM) ending May 2024 is $5.97. Therefore, Ross Stores's price to earnings ratio for today is 23.6. PE RATIO(23.6) = STOCK PRICE($140.91) / TTM EPS($5.97)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.