The P/E ratio for Ross Stores stock stands at 23.59 as of Sep 28, 2023. This is calculated based on the current EPS of $4.74 and the stock price of $111.81 per share. A decrease of 3.7% has been recorded in the PE ratio compared to the average of 24.5 of the past four quarters.
Over the last ten years, the average PE ratio of Ross Stores has been 36.95. The current 23.59 price-to-earnings ratio is 36% 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 |
---|---|---|
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% |
2014 | 17.24 | 4.42% |
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 stocks TJX and GPS, but it is above AEO's and URBN's. Ross Stores is presently trading at a higher PE ratio (23.59) than its peer group average of 18.9.
Stock name | PE ratio | Market cap |
---|---|---|
GES Guess Inc | 8.27 | $1.15B |
CTRN Citi Trends Inc | 9.42 | $194.36M |
URBN Urban Outfitters Inc | 13.52 | $3.05B |
AEO American Eagle Outfitters Inc | 15.33 | $3.27B |
ROST Ross Stores Inc | 23.87 | $38.31B |
ANF Abercrombie & Fitch Co | 25.75 | $2.83B |
TJX Tjx Companies Inc | 25.85 | $102.04B |
GPS Gap Inc | 35.7 | $3.96B |
JWN Nordstrom Inc | 77.84 | $2.39B |
OSTK Overstockcom Inc | N/A | $721.44M |
The price to earnings ratio for ROST stock as of Sep 28, 2023, stands at 23.59.
The 3-year average PE ratio for ROST stock is 69.55.
The 5-year average PE ratio for ROST stock is 53.36.
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 36% 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 (Sep 28, 2023), Ross Stores's stock price is $111.81. The earnings per share for the trailing twelve months (TTM) ending Jul 2023 is $4.74. Therefore, Ross Stores's price to earnings ratio for today is 23.59. PE RATIO(23.59) = STOCK PRICE($111.81) / TTM EPS($4.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.