Ross Stores (BSP:ROST34) Cyclically Adjusted FCF per Share: R$1.73 (As of Jul. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BSP:ROST34 Ross Stores Inc BSP:ROST34
81 GF Score
Price R$74.34
GF Value R$57.67
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Ross Stores Cyclically Adjusted FCF per Share?

Ross Stores BSP:ROST34 -2.90% 81 Cyclically Adjusted FCF per Share is R$1.73 as of Jul. 2026. GuruFocus rates BSP:ROST34 with a GF Score™ of 81/100 and a GF Value™ of R$57.67 (Modestly Overvalued). The stock has 1 warning sign investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Ross Stores's adjusted free cash flow per share for the three months ended in Jul. 2026 was R$0.624. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$1.73 for the trailing ten years ended in Jul. 2026.

During the past 12 months, Ross Stores's average Cyclically Adjusted FCF Growth Rate was 13.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 15.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Ross Stores was 91.30% per year. The lowest was 10.80% per year. And the median was 19.60% per year.

As of today (2026-08-30), Ross Stores's current stock price is R$74.34. Ross Stores's Cyclically Adjusted FCF per Share for the quarter that ended in Jul. 2026 was R$1.73. Ross Stores's Cyclically Adjusted Price-to-FCF of today is 42.97.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ross Stores was 50.75. The lowest was 21.70. And the median was 36.92.


Ross Stores  (BSP:ROST34) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Ross Stores's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=74.34/1.73
=42.97

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ross Stores was 50.75. The lowest was 21.70. And the median was 36.92.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Ross Stores Cyclically Adjusted FCF per Share Related Terms


Ross Stores Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Ross Stores's Cyclically Adjusted FCF per Share 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.

Ross Stores Cyclically Adjusted FCF per Share Chart

Ross Stores Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.21 1.32 1.71 1.67

Ross Stores Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Cyclically Adjusted FCF per Share 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 1.56 1.67 1.67 1.65 1.73

BSP:ROST34 vs BURL, LULU, GAP: Cyclically Adjusted FCF per Share Comparison

For the Apparel Retail subindustry, Ross Stores's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF vs Retail - Cyclical Industry

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

* The bar in red indicates where Ross Stores's Cyclically Adjusted Price-to-FCF falls into.


BSP:ROST34
81GF Score
Ross Stores Inc BSP:ROST34
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ross Stores Cyclically Adjusted FCF per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF 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.

For example, Ross Stores's adjusted Free Cash Flow per Share data for the three months ended in Jul. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=0.624/333.9180*333.9180
=0.624

Current CPI (Jul. 2026) = 333.9180.

Ross Stores Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201610 0.089 241.729 0.123
201701 0.230 242.839 0.316
201704 0.224 244.524 0.306
201707 0.095 244.786 0.130
201710 0.141 246.663 0.191
201801 0.217 247.867 0.292
201804 0.222 250.546 0.296
201807 0.283 252.006 0.375
201810 0.203 252.885 0.268
201901 0.314 251.712 0.417
201904 0.275 255.548 0.359
201907 0.274 256.571 0.357
201910 0.125 257.346 0.162
202001 0.440 257.971 0.570
202004 -1.131 256.389 -1.473
202007 1.043 259.101 1.344
202010 1.509 260.388 1.935
202101 0.368 261.582 0.470
202104 0.603 267.054 0.754
202107 0.432 273.003 0.528
202110 0.034 276.589 0.041
202201 0.054 281.148 0.064
202204 -0.448 289.109 -0.517
202207 0.220 296.276 0.248
202210 0.338 298.012 0.379
202301 0.930 299.170 1.038
202304 0.227 303.363 0.250
202307 0.450 305.691 0.492
202310 0.256 307.671 0.278
202401 0.666 308.417 0.721
202404 0.224 313.548 0.239
202407 0.412 314.540 0.437
202410 0.355 315.664 0.376
202501 0.773 317.671 0.813
202504 0.224 320.795 0.233
202507 0.497 323.048 0.514
202510 0.643 0.000
202601 0.952 325.252 0.977
202604 0.614 333.020 0.616
202607 0.624 333.918 0.624

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of R$1.73 mean?
Ross Stores (BSP:ROST34) has a Cyclically Adjusted FCF per Share of R$1.73 as of Jul. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Ross Stores and its competitors.
Is Ross Stores' Cyclically Adjusted FCF per Share too high?
Ross Stores' current Cyclically Adjusted FCF per Share is R$1.73. Overall, Ross Stores has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ross Stores' Cyclically Adjusted FCF per Share compare to BURL and LULU?
Ross Stores' Cyclically Adjusted FCF per Share of R$1.73 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Retail - Cyclical company?
A good Cyclically Adjusted FCF per Share depends on the Retail - Cyclical industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Ross Stores and its competitors. Ross Stores's current Cyclically Adjusted FCF per Share is R$1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ross Stores stock overvalued right now?
Based on GuruFocus' analysis, Ross Stores (BSP:ROST34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$57.67, compared to a current price of R$74.34 — trading 28.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is R$1.73. Ross Stores' overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Ross Stores (BSP:ROST34), the current Cyclically Adjusted FCF per Share is R$1.73 as of Jul. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ross Stores (BSP:ROST34) Overvalued in 2026?

Based on GuruFocus' analysis, Ross Stores stock appears to be overvalued. The current stock price of R$74.34 is trading 28.9% above its estimated GF Value™ of R$57.67. GuruFocus considers Ross Stores to be Modestly Overvalued.

Key valuation signals for BSP:ROST34:

  • Cyclically Adjusted FCF per Share: R$1.73
  • GF Value™: R$57.67 vs. price of R$74.34 (28.9% above fair value)
  • GF Score™: 81/100 with 1 warning sign

No single metric tells the full story. See the BSP:ROST34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ross Stores Business Description

Address 5130 Hacienda Drive, Dublin, CA, USA, 94568
Ross Stores, founded in 1982, is a US-focused off-price apparel and home fashion retailer operating more than 2,100 stores across 43 states, primarily under the Ross Dress for Less banner, with a smaller footprint through dd's Discounts. In fiscal 2025, the company generated over $22 billion in sales. Ross offers branded apparel, footwear, accessories, and home goods at a 20%-60% discount to department and specialty store prices, sourcing closeouts and excess inventory from vendors worldwide.
81GF Score

Get the complete analysis for BSP:ROST34

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$74.34
Price
R$57.67
GF Value