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Ross Stores (WBO:ROST) Cyclically Adjusted PS Ratio : 2.76 (As of May. 30, 2024)


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What is Ross Stores Cyclically Adjusted PS Ratio?

As of today (2024-05-30), Ross Stores's current share price is €127.88. Ross Stores's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was €46.40. Ross Stores's Cyclically Adjusted PS Ratio for today is 2.76.

The historical rank and industry rank for Ross Stores's Cyclically Adjusted PS Ratio or its related term are showing as below:

WBO:ROST' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.76   Med: 2.86   Max: 3.98
Current: 2.78

During the past years, Ross Stores's highest Cyclically Adjusted PS Ratio was 3.98. The lowest was 1.76. And the median was 2.86.

WBO:ROST's Cyclically Adjusted PS Ratio is ranked worse than
91.22% of 763 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs WBO:ROST: 2.78

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Ross Stores's adjusted revenue per share data for the three months ended in Apr. 2024 was €13.567. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €46.40 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ross Stores Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ross Stores's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ross Stores Cyclically Adjusted PS Ratio Chart

Ross Stores Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.60 3.36 2.52 2.69 2.91

Ross Stores Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.37 2.49 2.46 2.91 2.62

Competitive Comparison of Ross Stores's Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, Ross Stores's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ross Stores's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ross Stores's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ross Stores's Cyclically Adjusted PS Ratio falls into.



Ross Stores Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Ross Stores's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=127.88/46.4
=2.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ross Stores's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Ross Stores's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=13.567/131.7762*131.7762
=13.567

Current CPI (Apr. 2024) = 131.7762.

Ross Stores Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 4.811 100.520 6.307
201410 4.930 100.176 6.485
201501 6.309 98.604 8.432
201504 6.599 99.824 8.711
201507 6.618 100.691 8.661
201510 6.130 100.346 8.050
201601 7.448 99.957 9.819
201604 6.824 100.947 8.908
201607 7.271 101.524 9.438
201610 7.125 101.988 9.206
201701 8.424 102.456 10.835
201704 7.915 103.167 10.110
201707 7.716 103.278 9.845
201710 7.413 104.070 9.387
201801 8.781 104.578 11.065
201804 7.757 105.708 9.670
201807 8.562 106.324 10.612
201810 8.323 106.695 10.280
201901 9.753 106.200 12.102
201904 9.234 107.818 11.286
201907 9.805 108.250 11.936
201910 9.684 108.577 11.753
202001 11.127 108.841 13.472
202004 4.813 108.173 5.863
202007 6.594 109.318 7.949
202010 9.003 109.861 10.799
202101 9.651 110.364 11.523
202104 10.624 112.673 12.425
202107 11.453 115.183 13.103
202110 11.168 116.696 12.611
202201 12.626 118.619 14.026
202204 11.503 121.978 12.427
202207 13.017 125.002 13.722
202210 13.482 125.734 14.130
202301 14.138 126.223 14.760
202304 12.055 127.992 12.411
202307 13.201 128.974 13.488
202310 13.870 129.810 14.080
202401 16.483 130.124 16.692
202404 13.567 131.776 13.567

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Ross Stores  (WBO:ROST) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Ross Stores Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Ross Stores's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ross Stores (WBO:ROST) Business Description

Address
5130 Hacienda Drive, Dublin, CA, USA, 94568-7579
Ross Stores operates as an off-price apparel and accessories retailer with the majority of its sales derived from its Ross Dress for Less banner. The firm opportunistically procures excess brand-name merchandise made available via manufacturing overruns and retail liquidation sales at a 20%-60% discount to full prices. As such, its stores are frequently filled with a vast array of stock-keeping units, each with minimal product depth that creates a treasure hunt shopping experience. The firm's more than 1,750 Ross Dress for Less stores are primarily located in densely populated suburban communities and typically serve middle-income consumers. Ross also operates nearly 350 DD's Discounts chains that target lower-income shoppers.

Ross Stores (WBO:ROST) Headlines

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