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Ross Stores (BSP:ROST34) Cyclically Adjusted Revenue per Share : R$118.69 (As of Jan. 2024)


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What is Ross Stores Cyclically Adjusted Revenue per Share?

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 Revenue per Share and 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 for the three months ended in Jan. 2024 was R$44.155. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$118.69 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Ross Stores's average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.10% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Ross Stores was 17.10% per year. The lowest was 9.40% per year. And the median was 13.00% per year.

As of today (2024-04-30), Ross Stores's current stock price is R$332.86. Ross Stores's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was R$118.69. Ross Stores's Cyclically Adjusted PS Ratio of today is 2.80.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ross Stores was 3.98. The lowest was 1.76. And the median was 2.86.


Ross Stores Cyclically Adjusted Revenue per Share Historical Data

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

* Premium members only.

Ross Stores Cyclically Adjusted Revenue per Share Chart

Ross Stores Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.10 90.86 102.31 112.64 118.69

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 Revenue 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 112.64 111.28 106.71 117.37 118.69

Competitive Comparison of Ross Stores's Cyclically Adjusted Revenue per Share

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's Cyclically Adjusted PS Ratio Distribution in the 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.



Ross Stores Cyclically Adjusted Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

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

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=44.155/129.4194*129.4194
=44.155

Current CPI (Jan. 2024) = 129.4194.

Ross Stores Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 7.073 100.023 9.152
201407 7.239 100.520 9.320
201410 7.653 100.176 9.887
201501 9.653 98.604 12.670
201504 10.863 99.824 14.084
201507 11.754 100.691 15.108
201510 13.330 100.346 17.192
201601 16.399 99.957 21.233
201604 13.800 100.947 17.692
201607 13.168 101.524 16.786
201610 12.497 101.988 15.858
201701 14.295 102.456 18.057
201704 13.315 103.167 16.703
201707 14.237 103.278 17.841
201710 13.905 104.070 17.292
201801 17.196 104.578 21.281
201804 16.222 105.708 19.861
201807 19.114 106.324 23.266
201810 17.990 106.695 21.822
201901 20.796 106.200 25.343
201904 20.219 107.818 24.270
201907 20.766 108.250 24.827
201910 21.868 108.577 26.066
202001 25.634 108.841 30.481
202004 13.909 108.173 16.641
202007 19.984 109.318 23.659
202010 29.792 109.861 35.096
202101 31.547 110.364 36.994
202104 35.383 112.673 40.642
202107 34.934 115.183 39.252
202110 35.899 116.696 39.813
202201 39.493 118.619 43.089
202204 29.532 121.978 31.334
202207 35.542 125.002 36.798
202210 34.881 125.734 35.903
202301 39.552 126.223 40.554
202304 33.187 127.992 33.557
202307 35.051 128.974 35.172
202310 37.024 129.810 36.913
202401 44.155 129.419 44.155

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


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

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=332.86/118.69
=2.80

* 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 PS Ratio of Ross Stores was 3.98. The lowest was 1.76. And the median was 2.86.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Ross Stores Cyclically Adjusted Revenue per Share Related Terms

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


Ross Stores (BSP:ROST34) Business Description

Industry
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.

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