P/E ratio for Ross Stores (ROST)
P/E ratio as of June 2024 (TTM): 29.4
According to Ross Stores's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.44. At the end of 2022 the company had a P/E ratio of 28.0.
P/E ratio history for Ross Stores from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 28.0 | 10.89% |
| 2021 | 25.3 | -82.5% |
| 2020 | 144 | 465.92% |
| 2019 | 25.5 | 31.64% |
| 2018 | 19.4 | -23.87% |
| 2017 | 25.5 | 6.41% |
| 2016 | 23.9 | 10.12% |
| 2015 | 21.7 | -0.82% |
| 2014 | 21.9 | 16.73% |
| 2013 | 18.8 | 16.66% |
| 2012 | 16.1 | -7.37% |
| 2011 | 17.4 | 23.37% |
| 2010 | 14.1 | 5.21% |
| 2009 | 13.4 | 3.58% |
| 2008 | 12.9 | -4.46% |
| 2007 | 13.5 | -28.43% |
| 2006 | 18.9 | -19.55% |
| 2005 | 23.5 | 4.99% |
| 2004 | 22.4 | 17.14% |
| 2003 | 19.1 | 9.97% |
| 2002 | 17.4 | 1.27% |
| 2001 | 17.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Gap Inc.
GPS | 77.7 | 163.77% | 🇺🇸 USA |
 Nordstrom JWN | 105 | 257.17% | 🇺🇸 USA |
 TJX Companies TJX | 30.0 | 1.82% | 🇺🇸 USA |
 Urban Outfitters
URBN | 17.1 | -41.87% | 🇺🇸 USA |
 Overstock.com
OSTK | -4.67 | -115.88% | 🇺🇸 USA |
 American Eagle Outfitters
AEO | 20.8 | -29.43% | 🇺🇸 USA |
 Guess GES | 8.79 | -70.13% | 🇺🇸 USA |
 Abercrombie & Fitch ANF | 81.1 | 175.55% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.