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Ross Stores (Ross Stores) Cyclically Adjusted PS Ratio : 2.79 (As of Apr. 27, 2024)


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What is Ross Stores Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Ross Stores's current share price is $133.61. Ross Stores's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $47.96. Ross Stores's Cyclically Adjusted PS Ratio for today is 2.79.

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: 2.86   Max: 3.98
Current: 2.76

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

ROST's Cyclically Adjusted PS Ratio is ranked worse than
90.43% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs ROST: 2.76

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 Jan. 2024 was $17.956. 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 $47.96 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ross Stores Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Ross Stores Cyclically Adjusted PS Ratio Chart

Ross Stores Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.60 3.36 2.52 2.69 2.92

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 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 2.69 2.37 2.49 2.46 2.92

Competitive Comparison of Ross Stores's Cyclically Adjusted PS Ratio

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 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
=133.61/47.96
=2.79

* 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 Jan. 2024 is calculated as:

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)
=17.956/129.4194*129.4194
=17.956

Current CPI (Jan. 2024) = 129.4194.

Ross Stores Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 6.337 100.023 8.199
201407 6.510 100.520 8.382
201410 6.248 100.176 8.072
201501 7.328 98.604 9.618
201504 7.142 99.824 9.259
201507 7.281 100.691 9.358
201510 6.880 100.346 8.873
201601 8.087 99.957 10.471
201604 7.745 100.947 9.930
201607 8.034 101.524 10.242
201610 7.847 101.988 9.958
201701 8.962 102.456 11.320
201704 8.484 103.167 10.643
201707 8.900 103.278 11.153
201710 8.711 104.070 10.833
201801 10.709 104.578 13.253
201804 9.517 105.708 11.652
201807 10.002 106.324 12.175
201810 9.566 106.695 11.603
201901 11.134 106.200 13.568
201904 10.376 107.818 12.455
201907 10.992 108.250 13.142
201910 10.713 108.577 12.769
202001 12.350 108.841 14.685
202004 5.232 108.173 6.260
202007 7.579 109.318 8.973
202010 10.592 109.861 12.478
202101 11.755 110.364 13.785
202104 12.708 112.673 14.597
202107 13.538 115.183 15.211
202110 12.956 116.696 14.369
202201 14.283 118.619 15.583
202204 12.422 121.978 13.180
202207 13.242 125.002 13.710
202210 13.283 125.734 13.672
202301 15.235 126.223 15.621
202304 13.218 127.992 13.365
202307 14.603 128.974 14.653
202310 14.646 129.810 14.602
202401 17.956 129.419 17.956

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.


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

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


Ross Stores (Ross Stores) 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.
Executives
Stephen C Brinkley officer: PRESIDENT, OPERATIONS 5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael K Kobayashi officer: SR VP, CIO 5130 HACIENDA DRIVE, DUBLIN CA 94568
Barbara Rentler director, officer: Chief Executive Officer 5130 HACIENDA DRIVE, DUBLIN CA 94568
Brian R. Morrow officer: President, Merchandising 5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael J. Hartshorn officer: S.V.P. Chief Financial Officer 5130 HACIENDA DRIVE, DUBLIN CA 94568
Jeffrey P Burrill officer: SVP, CAO & CORP CONTROLLER 5130 HACIENDA DRIVE, DUBLIN CA 94568
Edward G Cannizzaro director 5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael J Bush director 5130 HACIENDA DRIVE, DUBLIN CA 94568
Adam M Orvos officer: EVP, Chief Financial Officer 5130 HACIENDA DRIVE, DUBLIN CA 94566
George Orban director 5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael Balmuth director, officer: CEO 5130 HACIENDA DRIVE, DUBLIN CA 94568
Travis Marquette officer: GSVP, Chief Financial Officer 2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
Doniel Sutton director C/O MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602
Larree M Renda director
Patricia H Mueller director 2481 MANANA DRIVE, DALLAS TX 75220

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