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Ross Stores (BUE:ROST) Shiller PE Ratio : 27.05 (As of Apr. 24, 2024)


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Ross Stores Shiller PE Ratio Definition

As of today (2024-04-24), Ross Stores's current share price is ARS35150.00. Ross Stores's E10 for the quarter that ended in Jan. 2024 was ARS1,299.56. Ross Stores's Shiller PE Ratio for today is 27.05.

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

BUE:ROST' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.12   Med: 37.99   Max: 47.76
Current: 32.76

During the past years, Ross Stores's highest Shiller PE Ratio was 47.76. The lowest was 21.12. And the median was 37.99.

BUE:ROST's Shiller PE Ratio is ranked worse than
76.22% of 555 companies
in the Retail - Cyclical industry
Industry Median: 17.22 vs BUE:ROST: 32.76

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Ross Stores's adjusted earnings per share data for the three months ended in Jan. 2024 was ARS1,471.379. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS1,299.56 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ross Stores Shiller PE Ratio Historical Data

The historical data trend for Ross Stores's Shiller PE 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 Shiller PE Ratio Chart

Ross Stores Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.10 40.91 30.12 32.23 34.53

Ross Stores Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Shiller PE 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 32.23 28.40 29.74 29.29 34.53

Competitive Comparison of Ross Stores's Shiller PE Ratio

For the Apparel Retail subindustry, Ross Stores's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution

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

* The bar in red indicates where Ross Stores's Shiller PE Ratio falls into.



Ross Stores Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Ross Stores's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=35150.00/1299.56
=27.05

* 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 E10 for the quarter that ended in Jan. 2024 is calculated as:

For example, Ross Stores's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1471.379/129.4194*129.4194
=1,471.379

Current CPI (Jan. 2024) = 129.4194.

Ross Stores Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 4.601 100.023 5.953
201407 4.651 100.520 5.988
201410 3.900 100.176 5.039
201501 5.184 98.604 6.804
201504 6.144 99.824 7.966
201507 5.788 100.691 7.439
201510 5.063 100.346 6.530
201601 9.121 99.957 11.809
201604 10.716 100.947 13.739
201607 10.670 101.524 13.602
201610 9.514 101.988 12.073
201701 12.273 102.456 15.503
201704 12.628 103.167 15.841
201707 14.598 103.278 18.293
201710 12.737 104.070 15.840
201801 23.356 104.578 28.904
201804 22.321 105.708 27.328
201807 30.035 106.324 36.559
201810 37.564 106.695 45.565
201901 45.142 106.200 55.012
201904 49.772 107.818 59.744
201907 48.415 108.250 57.883
201910 59.317 108.577 70.703
202001 76.621 108.841 91.108
202004 -56.080 108.173 -67.095
202007 4.231 109.318 5.009
202010 28.209 109.861 33.231
202101 56.334 110.364 66.060
202104 123.009 112.673 141.292
202107 133.106 115.183 149.558
202110 107.659 116.696 119.397
202201 106.787 118.619 116.510
202204 107.786 121.978 114.361
202207 139.194 125.002 144.113
202210 147.310 125.734 151.627
202301 231.672 126.223 237.539
202304 192.765 127.992 194.915
202307 338.844 128.974 340.013
202310 465.500 129.810 464.100
202401 1,471.379 129.419 1,471.379

Add all the adjusted EPS together and divide 10 will get our E10.

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  (BUE:ROST) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Ross Stores Shiller PE Ratio Related Terms

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


Ross Stores (BUE: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 (BUE:ROST) Headlines

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