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Ross Stores (FRA:RSO) Shiller PE Ratio : 32.20 (As of May. 01, 2024)


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What is Ross Stores Shiller PE Ratio?

As of today (2024-05-01), Ross Stores's current share price is €122.02. Ross Stores's E10 for the quarter that ended in Jan. 2024 was €3.79. Ross Stores's Shiller PE Ratio for today is 32.20.

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

FRA:RSO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.12   Med: 37.99   Max: 47.76
Current: 31.89

During the past years, Ross Stores's highest Shiller PE Ratio was 47.76. The lowest was 21.12. And the median was 37.99.

FRA:RSO's Shiller PE Ratio is ranked worse than
74.87% of 561 companies
in the Retail - Cyclical industry
Industry Median: 17.13 vs FRA:RSO: 31.89

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.

Ross Stores's adjusted earnings per share data for the three months ended in Jan. 2024 was €1.671. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.79 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ross Stores Shiller PE Ratio Historical Data

The historical data trend for Ross Stores's Shiller PE 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.

* Premium members only.

Ross Stores Shiller PE Ratio Chart

Ross Stores Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.10 40.91 30.12 32.23 34.53

Ross Stores Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Shiller PE 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 32.23 28.40 29.74 29.29 34.53

Competitive Comparison of Ross Stores's Shiller PE Ratio

For the Apparel Retail subindustry, Ross Stores's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Ross Stores's Shiller PE Ratio falls into.



Ross Stores Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Ross Stores's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=122.02/3.79
=32.20

* 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 E10 for the quarter that ended in Jan. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.671/129.4194*129.4194
=1.671

Current CPI (Jan. 2024) = 129.4194.

Ross Stores Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 0.416 100.023 0.538
201407 0.421 100.520 0.542
201410 0.363 100.176 0.469
201501 0.517 98.604 0.679
201504 0.638 99.824 0.827
201507 0.573 100.691 0.736
201510 0.472 100.346 0.609
201601 0.608 99.957 0.787
201604 0.643 100.947 0.824
201607 0.643 101.524 0.820
201610 0.563 101.988 0.714
201701 0.724 102.456 0.915
201704 0.765 103.167 0.960
201707 0.711 103.278 0.891
201710 0.613 104.070 0.762
201801 0.976 104.578 1.208
201804 0.905 105.708 1.108
201807 0.890 106.324 1.083
201810 0.792 106.695 0.961
201901 1.051 106.200 1.281
201904 1.024 107.818 1.229
201907 1.017 108.250 1.216
201910 0.931 108.577 1.110
202001 1.153 108.841 1.371
202004 -0.800 108.173 -0.957
202007 0.052 109.318 0.062
202010 0.315 109.861 0.371
202101 0.550 110.364 0.645
202104 1.120 112.673 1.286
202107 1.176 115.183 1.321
202110 0.940 116.696 1.042
202201 0.919 118.619 1.003
202204 0.898 121.978 0.953
202207 1.091 125.002 1.130
202210 1.015 125.734 1.045
202301 1.216 126.223 1.247
202304 0.994 127.992 1.005
202307 1.193 128.974 1.197
202310 1.260 129.810 1.256
202401 1.671 129.419 1.671

Add all the adjusted EPS together and divide 10 will get our E10.

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  (FRA:RSO) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Ross Stores Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Ross Stores's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ross Stores (FRA:RSO) 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.

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