P/E ratio for Ross Stores (ROST)
P/E ratio as of September 2023 (TTM): 23.1
According to Ross Stores's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.0632. At the end of 2021 the company had a P/E ratio of 25.3.
P/E ratio history for Ross Stores from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Gap Inc.
GPS | 35.2 | 52.50% | 🇺🇸 USA |
 Nordstrom JWN | 70.8 | 206.77% | 🇺🇸 USA |
 TJX Companies TJX | 25.5 | 10.49% | 🇺🇸 USA |
 Urban Outfitters
URBN | 13.2 | -42.97% | 🇺🇸 USA |
 Overstock.com
OSTK | -5.42 | -123.49% | 🇺🇸 USA |
 American Eagle Outfitters
AEO | 14.3 | -38.20% | 🇺🇸 USA |
 Guess GES | 7.88 | -65.82% | 🇺🇸 USA |
 Abercrombie & Fitch ANF | 24.0 | 4.14% | 🇺🇸 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.