Ross Stores (BUE:ROST) Piotroski F-Score: 8 (As of Jun. 28, 2026) — 14% Above Median


BUE:ROST Ross Stores Inc BUE:ROST
86 GF Score
Price ARS81,975.00
GF Value ARS66,833.05
Valuation Modestly Overvalued
View Full Analysis

What is Ross Stores Piotroski F-Score?

Ross Stores BUE:ROST -1.91% 86 Piotroski F-Score is 8 as of Jun. 28, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates BUE:ROST with a GF Score™ of 86/100 and a GF Value™ of ARS66,833.05 (Modestly Overvalued). Among 1,096 Retail - Cyclical companies, Ross Stores ranks better than 98.36% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Ross Stores has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Ross Stores's Piotroski F-Score or its related term are showing as below:

BUE:ROST' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Ross Stores was 9. The lowest was 4. And the median was 7.

Ross Stores  (BUE:ROST) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Ross Stores Piotroski F-Score Related Terms


Ross Stores Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ross Stores's Piotroski F-Score 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 Piotroski F-Score Chart

Ross Stores Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 5.00 8.00 7.00 6.00

Ross Stores Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Piotroski F-Score 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 7.00 6.00 5.00 6.00 8.00

BUE:ROST vs BURL, LULU, GAP: Piotroski F-Score Comparison

For the Apparel Retail subindustry, Ross Stores's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ross Stores's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Ross Stores's Piotroski F-Score falls into.


BUE:ROST
86GF Score
Ross Stores Inc BUE:ROST
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Apr26) TTM:Last Year (Apr25) TTM:
Net Income was 670556.903 + 736927.945 + 932675.087 + 904096.731 = ARS3,244,257 Mil.
Cash Flow from Operations was 882242.449 + 1190589.157 + 1619840.73 + 1162884.412 = ARS4,855,557 Mil.
Revenue was 7298518.767 + 8062534.548 + 9582120.434 + 8360542.588 = ARS33,303,716 Mil.
Gross Profit was 2015630.73 + 2257848.128 + 2605412.148 + 2475814.073 = ARS9,354,705 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was
(16664895.088 + 19134185.037 + 22189768.644 + 22453484.298 + 21636333.237) / 5 = ARS20415733.2608 Mil.
Total Assets at the begining of this year (Apr25) was ARS16,664,895 Mil.
Long-Term Debt & Capital Lease Obligation was ARS5,211,054 Mil.
Total Current Assets was ARS10,534,589 Mil.
Total Current Liabilities was ARS6,836,539 Mil.
Net Income was 481286.103 + 474143.776 + 616850.788 + 558325.67 = ARS2,130,606 Mil.

Revenue was 4827504.635 + 4919213.547 + 6215223.931 + 5807497.295 = ARS21,769,439 Mil.
Gross Profit was 1365473.61 + 1393958.917 + 1649034.92 + 1635201.537 = ARS6,043,669 Mil.
Average Total Assets from the begining of last year (Apr24)
to the end of last year (Apr25) was
(12426557.699 + 13401032.585 + 14458030.912 + 15669080.594 + 16664895.088) / 5 = ARS14523919.3756 Mil.
Total Assets at the begining of last year (Apr24) was ARS12,426,558 Mil.
Long-Term Debt & Capital Lease Obligation was ARS4,444,284 Mil.
Total Current Assets was ARS8,009,503 Mil.
Total Current Liabilities was ARS5,167,665 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Ross Stores's current Net Income (TTM) was 3,244,257. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Ross Stores's current Cash Flow from Operations (TTM) was 4,855,557. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Apr25)
=3244256.666/16664895.088
=0.19467609

ROA (Last Year)=Net Income/Total Assets (Apr24)
=2130606.337/12426557.699
=0.17145588

Ross Stores's return on assets of this year was 0.19467609. Ross Stores's return on assets of last year was 0.17145588. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Ross Stores's current Net Income (TTM) was 3,244,257. Ross Stores's current Cash Flow from Operations (TTM) was 4,855,557. ==> 4,855,557 > 3,244,257 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Apr26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr25 to Apr26
=5211054.294/20415733.2608
=0.25524698

Gearing (Last Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=4444283.933/14523919.3756
=0.30599756

Ross Stores's gearing of this year was 0.25524698. Ross Stores's gearing of last year was 0.30599756. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Apr26)=Total Current Assets/Total Current Liabilities
=10534588.623/6836539.16
=1.5409242

Current Ratio (Last Year: Apr25)=Total Current Assets/Total Current Liabilities
=8009503.381/5167664.646
=1.54992708

Ross Stores's current ratio of this year was 1.5409242. Ross Stores's current ratio of last year was 1.54992708. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Ross Stores's number of shares in issue this year was 321.231. Ross Stores's number of shares in issue last year was 327.005. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=9354705.079/33303716.337
=0.28089073

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6043668.984/21769439.408
=0.27762171

Ross Stores's gross margin of this year was 0.28089073. Ross Stores's gross margin of last year was 0.27762171. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Apr25)
=33303716.337/16664895.088
=1.9984354

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr24)
=21769439.408/12426557.699
=1.75184793

Ross Stores's asset turnover of this year was 1.9984354. Ross Stores's asset turnover of last year was 1.75184793. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+0+1+1+1
=8

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Ross Stores has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Ross Stores (BUE:ROST) has a Piotroski F-Score of 8 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ross Stores and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Ross Stores' Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Ross Stores ranks #18 out of 1096 companies in the Retail - Cyclical industry, placing it in the top 1.6%.
Is Ross Stores' Piotroski F-Score too high?
Ross Stores' current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Retail - Cyclical industry median Piotroski F-Score is 5.00. Ross Stores' value of 8 is 60% above this industry median. Based on the distribution chart, Ross Stores ranks #18 out of 1096 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Ross Stores has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ross Stores' Piotroski F-Score compare to BURL and LULU?
According to the Retail - Cyclical industry distribution chart, Ross Stores ranks #18 out of 1096 companies for Piotroski F-Score. This places Ross Stores in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Ross Stores' value of 8 is 60% above this benchmark. Historically, Ross Stores' own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, 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 Piotroski F-Score for a Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 5.00, based on 1,096 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ross Stores's current Piotroski F-Score of 8 is 60% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ross Stores and its competitors. For the Retail - Cyclical industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ross Stores's current Piotroski F-Score is 8, which is 14% above median its own 10-year median of 7.00. 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 (BUE:ROST) is currently considered Modestly Overvalued. The stock's GF Value™ is ARS66,833.05, compared to a current price of ARS81,975.00 — trading 22.7% above its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Retail - Cyclical industry median of 5.00. Ross Stores' overall GF Score™ is 86/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Ross Stores (BUE:ROST), the current Piotroski F-Score is 8 as of Jun. 28, 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 (BUE:ROST) Overvalued in 2026?

Based on GuruFocus' analysis, Ross Stores stock appears to be overvalued. The current stock price of ARS81,975.00 is trading 22.7% above its estimated GF Value™ of ARS66,833.05. GuruFocus considers Ross Stores to be Modestly Overvalued.

Key valuation signals for BUE:ROST:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: ARS66,833.05 vs. price of ARS81,975.00 (22.7% above fair value)
  • GF Score™: 86/100
  • Industry Position: 60% above the Retail - Cyclical median (#18 of 1096)

No single metric tells the full story. See the BUE: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.
86GF Score

Get the complete analysis for BUE:ROST

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS81,975.00
Price
ARS66,833.05
GF Value