As of today (2024-04-19), Ross Stores's share price is $133.34. Ross Stores's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $14.53. Hence, Ross Stores's Price to Tangible Book Ratio of today is 9.17.
The historical rank and industry rank for Ross Stores's Price-to-Tangible-Book or its related term are showing as below:
ROST'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 8.35 Med: 9.55 Max: 12.06
Current: 9.18
During the past 13 years, Ross Stores's highest Price to Tangible Book Ratio was 12.06. The lowest was 8.35. And the median was 9.55.
ROST's Price-to-Tangible-Book is ranked worse than 88.69% of 973
companies
in the Retail - Cyclical industry
Industry Median: 1.81
vs ROST: 9.18
A closely related ratio is called PB Ratio. As of today, Ross Stores's share price is $133.34. Ross Stores's Book Value per Sharefor the quarter that ended in Jan. 2024 was $14.53. Hence, Ross Stores's P/B Ratio of today is 9.17.
Ross Stores Price-to-Tangible-Book Historical Data
The historical data trend for Ross Stores's Price-to-Tangible-Book 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 Annual Data
Trend
Jan15
Jan16
Jan17
Jan18
Jan19
Jan20
Jan21
Jan22
Jan23
Jan24
Price-to-Tangible-Book
11.91
12.06
8.47
9.45
9.65
Ross Stores Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Price-to-Tangible-Book
9.45
8.44
8.72
8.53
9.65
Competitive Comparison
For the Apparel Retail subindustry, Ross Stores's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution
For the Retail - Cyclical industry and Consumer Cyclical sector, Ross Stores's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Ross Stores's Price-to-Tangible-Book falls into.
Ross Stores Price-to-Tangible-Book Calculation
Ross Stores's price-to-tangible-book ratio for today is calculated as:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Ross Stores Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Ross Stores's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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