ROST (Ross Stores) Cyclically Adjusted PS Ratio: 3.94 (As of Aug. 27, 2026) — 31% Above Median

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ROST Ross Stores Inc ROST
90 GF Score
Price $236.27
GF Value $180.83
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Ross Stores Cyclically Adjusted PS Ratio?

Ross Stores ROST -2.04% 90 Cyclically Adjusted PS Ratio is 3.94 as of Aug. 27, 2026, which is 31% above its 10-year median of 3.01. GuruFocus rates ROST with a GF Score™ of 90/100 and a GF Value™ of $180.83 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 803 Retail - Cyclical companies, Ross Stores ranks worse than 92.9% on this metric.

As of today (2026-08-27), Ross Stores's current share price is $236.27. Ross Stores's Cyclically Adjusted Revenue per Share for the quarter that ended in Jul. 2026 was $59.98. Ross Stores's Cyclically Adjusted PS Ratio for today is 3.94.

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

ROST' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.76   Med: 3.01   Max: 4.26
Current: 4.02

During the past years, Ross Stores's highest Cyclically Adjusted PS Ratio was 4.26. The lowest was 1.76. And the median was 3.01.

ROST's Cyclically Adjusted PS Ratio is ranked worse than
92.9% of 803 companies
in the Retail - Cyclical industry
Industry Median: 0.51 vs ROST: 4.02

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Ross Stores's adjusted revenue per share data for the three months ended in Jul. 2026 was $19.611. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $59.98 for the trailing ten years ended in Jul. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ross Stores  (NAS:ROST) Cyclically Adjusted PS Ratio Explanation

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


Ross Stores Cyclically Adjusted PS Ratio Related Terms


Ross Stores Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ross Stores's Cyclically Adjusted PS 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 PS Ratio Chart

Ross Stores Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.52 2.69 2.91 2.87 3.32

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 PS 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 2.50 2.85 3.32 3.86 4.19

ROST vs BURL, LULU, GAP: Cyclically Adjusted PS Ratio Comparison

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

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

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


ROST
90GF Score
Ross Stores Inc ROST
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ross Stores Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=236.27/59.98
=3.94

* 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 Revenue per Share for the quarter that ended in Jul. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=19.611/333.9180*333.9180
=19.611

Current CPI (Jul. 2026) = 333.9180.

Ross Stores Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201610 7.847 241.729 10.840
201701 8.962 242.839 12.323
201704 8.484 244.524 11.586
201707 8.900 244.786 12.141
201710 8.711 246.663 11.792
201801 10.709 247.867 14.427
201804 9.517 250.546 12.684
201807 10.002 252.006 13.253
201810 9.566 252.885 12.631
201901 11.134 251.712 14.770
201904 10.376 255.548 13.558
201907 10.992 256.571 14.306
201910 10.713 257.346 13.901
202001 12.350 257.971 15.986
202004 5.232 256.389 6.814
202007 7.579 259.101 9.767
202010 10.592 260.388 13.583
202101 11.755 261.582 15.006
202104 12.708 267.054 15.890
202107 13.538 273.003 16.559
202110 12.956 276.589 15.641
202201 14.283 281.148 16.964
202204 12.422 289.109 14.347
202207 13.242 296.276 14.924
202210 13.283 298.012 14.883
202301 15.235 299.170 17.005
202304 13.218 303.363 14.549
202307 14.603 305.691 15.951
202310 14.646 307.671 15.895
202401 17.956 308.417 19.441
202404 14.557 313.548 15.503
202407 15.950 314.540 16.933
202410 15.371 315.664 16.260
202501 17.984 317.671 18.904
202504 15.244 320.795 15.868
202507 17.023 323.048 17.596
202510 17.324 0.000
202601 20.593 325.252 21.142
202604 18.711 333.020 18.761
202607 19.611 333.918 19.611

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 3.94 mean?
Ross Stores (ROST) has a Cyclically Adjusted PS Ratio of 3.94 as of Aug. 27, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ross Stores and its competitors. This is 31% above median its historical median of 3.01. Over the past decade, Ross Stores' Cyclically Adjusted PS Ratio has ranged from 1.76 to 4.26. According to the industry distribution chart, Ross Stores ranks #746 out of 803 companies in the Retail - Cyclical industry, placing it in the top 92.9%.
Is Ross Stores' Cyclically Adjusted PS Ratio too high?
Ross Stores' current Cyclically Adjusted PS Ratio of 3.94 is 31% above median its 10-year median of 3.01. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 4.26. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.51. Ross Stores' value of 3.94 is 672.5% above this industry median. Based on the distribution chart, Ross Stores ranks #746 out of 803 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Ross Stores has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ross Stores' Cyclically Adjusted PS Ratio compare to BURL and LULU?
According to the Retail - Cyclical industry distribution chart, Ross Stores ranks #746 out of 803 companies for Cyclically Adjusted PS Ratio. This places Ross Stores in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.51. Ross Stores' value of 3.94 is 672.5% above this benchmark. Historically, Ross Stores' own Cyclically Adjusted PS Ratio has ranged from 1.76 to 4.26 over the past decade. While the company's 10-year median is 3.01 vs. the industry median of 0.51, 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 PS Ratio for a Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.51, based on 803 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ross Stores's current Cyclically Adjusted PS Ratio of 3.94 is 672.5% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue 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 PS Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ross Stores's current Cyclically Adjusted PS Ratio is 3.94, which is 31% above median its own 10-year median of 3.01. 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 (ROST) is currently considered Significantly Overvalued. The stock's GF Value™ is $180.83, compared to a current price of $236.27 — trading 30.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.94, which is 31% above median its 10-year median of 3.01 and 672.5% above the Retail - Cyclical industry median of 0.51. Ross Stores' overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Ross Stores (ROST), the current Cyclically Adjusted PS Ratio is 3.94 as of Aug. 27, 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 (ROST) Overvalued in 2026?

Based on GuruFocus' analysis, Ross Stores stock appears to be overvalued. The current stock price of $236.27 is trading 30.7% above its estimated GF Value™ of $180.83. GuruFocus considers Ross Stores to be Significantly Overvalued.

Key valuation signals for ROST:

  • Cyclically Adjusted PS Ratio: 3.94 (31% above median its 10-year median of 3.01)
  • GF Value™: $180.83 vs. price of $236.27 (30.7% above fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 672.5% above the Retail - Cyclical median (#746 of 803)

No single metric tells the full story. See the 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.
90GF Score

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

$236.27
Price
$180.83
GF Value