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Ross Stores (FRA:RSO) Cyclically Adjusted Revenue per Share : €44.72 (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 €16.483. 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 €44.72 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 (2024-05-05), Ross Stores's current stock price is €119.36. Ross Stores's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €44.72. Ross Stores's Cyclically Adjusted PS Ratio of today is 2.67.

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 28.67 27.35 34.28 40.57 44.72

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 40.57 40.33 41.73 43.44 44.72

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)
=16.483/129.4194*129.4194
=16.483

Current CPI (Jan. 2024) = 129.4194.

Ross Stores Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 4.588 100.023 5.936
201407 4.811 100.520 6.194
201410 4.930 100.176 6.369
201501 6.309 98.604 8.281
201504 6.599 99.824 8.555
201507 6.618 100.691 8.506
201510 6.130 100.346 7.906
201601 7.448 99.957 9.643
201604 6.824 100.947 8.749
201607 7.271 101.524 9.269
201610 7.125 101.988 9.041
201701 8.424 102.456 10.641
201704 7.915 103.167 9.929
201707 7.716 103.278 9.669
201710 7.413 104.070 9.219
201801 8.781 104.578 10.867
201804 7.757 105.708 9.497
201807 8.562 106.324 10.422
201810 8.323 106.695 10.096
201901 9.753 106.200 11.885
201904 9.234 107.818 11.084
201907 9.805 108.250 11.722
201910 9.684 108.577 11.543
202001 11.127 108.841 13.231
202004 4.813 108.173 5.758
202007 6.594 109.318 7.807
202010 9.003 109.861 10.606
202101 9.651 110.364 11.317
202104 10.624 112.673 12.203
202107 11.453 115.183 12.869
202110 11.168 116.696 12.386
202201 12.626 118.619 13.776
202204 11.503 121.978 12.205
202207 13.017 125.002 13.477
202210 13.482 125.734 13.877
202301 14.138 126.223 14.496
202304 12.055 127.992 12.189
202307 13.201 128.974 13.247
202310 13.870 129.810 13.828
202401 16.483 129.419 16.483

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


Ross Stores  (FRA:RSO) 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
=119.36/44.72
=2.67

* 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 (FRA:RSO) 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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