According to Ross Stores's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.1811. At the end of 2022 the company had a P/E ratio of 28.0.
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 |
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.