Ross Stores
ROST
#430
Rank
ยฃ36.98 B
Marketcap
ยฃ111.48
Share price
-1.15%
Change (1 day)
15.19%
Change (1 year)

P/E ratio for Ross Stores (ROST)

P/E ratio as of November 2024 (TTM): 29.6

According to Ross Stores's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.5537. 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
202228.010.89%
202125.3-82.5%
2020144465.92%
201925.531.64%
201819.4-23.87%
201725.56.41%
201623.910.12%
201521.7-0.82%
201421.916.73%
201318.816.66%
201216.1-7.37%
201117.423.37%
201014.15.21%
200913.43.58%
200812.9-4.46%
200713.5-28.43%
200618.9-19.55%
200523.54.99%
200422.417.14%
200319.19.97%
200217.41.27%
200117.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.7-46.95%๐Ÿ‡บ๐Ÿ‡ธ USA
115 287.85%๐Ÿ‡บ๐Ÿ‡ธ USA
34.9 18.04%๐Ÿ‡บ๐Ÿ‡ธ USA
10.3-65.04%๐Ÿ‡บ๐Ÿ‡ธ USA
17.1-42.27%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.67-115.82%๐Ÿ‡บ๐Ÿ‡ธ USA
64.9 119.74%๐Ÿ‡บ๐Ÿ‡ธ USA
6.31-78.64%๐Ÿ‡บ๐Ÿ‡ธ 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.