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Ross Stores (BSP:ROST34) Cyclically Adjusted Price-to-FCF : 32.44 (As of May. 14, 2024)


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What is Ross Stores Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Ross Stores's current share price is R$341.28. Ross Stores's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was R$10.52. Ross Stores's Cyclically Adjusted Price-to-FCF for today is 32.44.

The historical rank and industry rank for Ross Stores's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:ROST34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.7   Med: 41.56   Max: 55.97
Current: 31.47

During the past years, Ross Stores's highest Cyclically Adjusted Price-to-FCF was 55.97. The lowest was 21.70. And the median was 41.56.

BSP:ROST34's Cyclically Adjusted Price-to-FCF is ranked worse than
77.98% of 436 companies
in the Retail - Cyclical industry
Industry Median: 13.01 vs BSP:ROST34: 31.47

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 adjusted free cash flow per share data for the three months ended in Jan. 2024 was R$5.326. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$10.52 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ross Stores Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ross Stores's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

Ross Stores Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.38 37.62 28.62 31.33 33.04

Ross Stores Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Price-to-FCF 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 31.33 27.93 28.67 28.24 33.04

Competitive Comparison of Ross Stores's Cyclically Adjusted Price-to-FCF

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's Cyclically Adjusted Price-to-FCF Distribution in the 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.



Ross Stores Cyclically Adjusted Price-to-FCF Calculation

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

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=341.28/10.52
=32.44

* 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 FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Ross Stores's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=5.326/129.4194*129.4194
=5.326

Current CPI (Jan. 2024) = 129.4194.

Ross Stores Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.939 100.023 1.215
201407 0.352 100.520 0.453
201410 -0.171 100.176 -0.221
201501 0.941 98.604 1.235
201504 1.135 99.824 1.472
201507 0.357 100.691 0.459
201510 0.379 100.346 0.489
201601 2.436 99.957 3.154
201604 1.739 100.947 2.229
201607 1.005 101.524 1.281
201610 0.715 101.988 0.907
201701 1.842 102.456 2.327
201704 1.792 103.167 2.248
201707 0.762 103.278 0.955
201710 1.129 104.070 1.404
201801 1.738 104.578 2.151
201804 1.773 105.708 2.171
201807 2.267 106.324 2.759
201810 1.628 106.695 1.975
201901 2.512 106.200 3.061
201904 2.201 107.818 2.642
201907 2.190 108.250 2.618
201910 1.003 108.577 1.196
202001 3.522 108.841 4.188
202004 -9.044 108.173 -10.820
202007 8.341 109.318 9.875
202010 12.071 109.861 14.220
202101 2.946 110.364 3.455
202104 4.825 112.673 5.542
202107 3.454 115.183 3.881
202110 0.273 116.696 0.303
202201 0.435 118.619 0.475
202204 -3.586 121.978 -3.805
202207 1.757 125.002 1.819
202210 2.707 125.734 2.786
202301 7.438 126.223 7.626
202304 1.816 127.992 1.836
202307 3.601 128.974 3.613
202310 2.048 129.810 2.042
202401 5.326 129.419 5.326

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


Ross Stores  (BSP:ROST34) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Ross Stores Cyclically Adjusted Price-to-FCF Related Terms

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


Ross Stores (BSP:ROST34) 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 (BSP:ROST34) Headlines

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