Ross Stores (WBO:ROST) Cyclically Adjusted PB Ratio: 19.24 (As of Jul. 31, 2026) — 29% Above Median

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WBO:ROST Ross Stores Inc WBO:ROST
79 GF Score
Price €217.25
GF Value €150.69
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Ross Stores Cyclically Adjusted PB Ratio?

Ross Stores WBO:ROST -1.61% 79 Cyclically Adjusted PB Ratio is 19.24 as of Jul. 31, 2026, which is 29% above its 10-year median of 14.95. GuruFocus rates WBO:ROST with a GF Score™ of 79/100 and a GF Value™ of €150.69 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 807 Retail - Cyclical companies, Ross Stores ranks worse than 97.52% on this metric.

As of today (2026-07-31), Ross Stores's current share price is €217.25. Ross Stores's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €11.29. Ross Stores's Cyclically Adjusted PB Ratio for today is 19.24.

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

WBO:ROST' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.55   Med: 14.95   Max: 20.39
Current: 19.03

During the past years, Ross Stores's highest Cyclically Adjusted PB Ratio was 20.39. The lowest was 8.55. And the median was 14.95.

WBO:ROST's Cyclically Adjusted PB Ratio is ranked worse than
97.52% of 807 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs WBO:ROST: 19.03

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Ross Stores's adjusted book value per share data for the three months ended in Apr. 2026 was €16.792. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €11.29 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


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

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Ross Stores Cyclically Adjusted PB Ratio Related Terms


Ross Stores Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ross Stores's Cyclically Adjusted PB 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.

Ross Stores Cyclically Adjusted PB Ratio Chart

Ross Stores Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.29 12.87 13.71 13.18 14.85

Ross Stores Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PB 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 11.81 11.29 12.80 14.85 17.16

WBO:ROST vs BURL, LULU, GAP: Cyclically Adjusted PB Ratio Comparison

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

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

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


WBO:ROST
79GF Score
Ross Stores Inc WBO:ROST
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ross Stores Cyclically Adjusted PB Ratio Calculation

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

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=217.25/11.29
=19.24

* 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 Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Ross Stores's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=16.792/333.0200*333.0200
=16.792

Current CPI (Apr. 2026) = 333.0200.

Ross Stores Quarterly Data

Book Value per Share CPI Adj_Book
201607 5.966 240.628 8.257
201610 6.104 241.729 8.409
201701 6.591 242.839 9.039
201704 6.659 244.524 9.069
201707 6.385 244.786 8.686
201710 6.366 246.663 8.595
201801 6.587 247.867 8.850
201804 6.766 250.546 8.993
201807 7.291 252.006 9.635
201810 7.473 252.885 9.841
201901 7.864 251.712 10.404
201904 7.962 255.548 10.376
201907 8.119 256.571 10.538
201910 8.243 257.346 10.667
202001 8.483 257.971 10.951
202004 7.282 256.389 9.458
202007 7.007 259.101 9.006
202010 7.199 260.388 9.207
202101 7.578 261.582 9.648
202104 8.551 267.054 10.663
202107 9.285 273.003 11.326
202110 9.708 276.589 11.689
202201 10.204 281.148 12.087
202204 10.715 289.109 12.342
202207 11.672 296.276 13.120
202210 12.207 298.012 13.641
202301 11.611 299.170 12.925
202304 11.527 303.363 12.654
202307 11.880 305.691 12.942
202310 12.880 307.671 13.941
202401 13.342 308.417 14.406
202404 13.810 313.548 14.668
202407 14.245 314.540 15.082
202410 14.630 315.664 15.434
202501 16.185 317.671 16.967
202504 15.159 320.795 15.737
202507 15.092 323.048 15.558
202510 15.613 0.000
202601 16.336 325.252 16.726
202604 16.792 333.020 16.792

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.

What does a Cyclically Adjusted PB Ratio of 19.24 mean?
Ross Stores (WBO:ROST) has a Cyclically Adjusted PB Ratio of 19.24 as of Jul. 31, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Ross Stores and its competitors. This is 29% above median its historical median of 14.95. Over the past decade, Ross Stores' Cyclically Adjusted PB Ratio has ranged from 8.55 to 20.39. According to the industry distribution chart, Ross Stores ranks #787 out of 807 companies in the Retail - Cyclical industry, placing it in the top 97.5%.
Is Ross Stores' Cyclically Adjusted PB Ratio too high?
Ross Stores' current Cyclically Adjusted PB Ratio of 19.24 is 29% above median its 10-year median of 14.95. Over the past 10 years, this metric has ranged from a low of 8.55 to a high of 20.39. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. Ross Stores' value of 19.24 is 1451.6% above this industry median. Based on the distribution chart, Ross Stores ranks #787 out of 807 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Ross Stores has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ross Stores' Cyclically Adjusted PB Ratio compare to BURL and LULU?
According to the Retail - Cyclical industry distribution chart, Ross Stores ranks #787 out of 807 companies for Cyclically Adjusted PB Ratio. This places Ross Stores in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Ross Stores' value of 19.24 is 1451.6% above this benchmark. Historically, Ross Stores' own Cyclically Adjusted PB Ratio has ranged from 8.55 to 20.39 over the past decade. While the company's 10-year median is 14.95 vs. the industry median of 1.24, Ross Stores has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 807 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ross Stores's current Cyclically Adjusted PB Ratio of 19.24 is 1451.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Ross Stores and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ross Stores's current Cyclically Adjusted PB Ratio is 19.24, which is 29% above median its own 10-year median of 14.95. 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 (WBO:ROST) is currently considered Significantly Overvalued. The stock's GF Value™ is €150.69, compared to a current price of €217.25 — trading 44.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 19.24, which is 29% above median its 10-year median of 14.95 and 1451.6% above the Retail - Cyclical industry median of 1.24. Ross Stores' overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Ross Stores (WBO:ROST), the current Cyclically Adjusted PB Ratio is 19.24 as of Jul. 31, 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 (WBO:ROST) Overvalued in 2026?

Based on GuruFocus' analysis, Ross Stores stock appears to be overvalued. The current stock price of €217.25 is trading 44.2% above its estimated GF Value™ of €150.69. GuruFocus considers Ross Stores to be Significantly Overvalued.

Key valuation signals for WBO:ROST:

  • Cyclically Adjusted PB Ratio: 19.24 (29% above median its 10-year median of 14.95)
  • GF Value™: €150.69 vs. price of €217.25 (44.2% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 1451.6% above the Retail - Cyclical median (#787 of 807)

No single metric tells the full story. See the WBO:ROST 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.
79GF Score

Get the complete analysis for WBO:ROST

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

€217.25
Price
€150.69
GF Value