Ross Stores
ROST
#453
Rank
$37.09 B
Marketcap
$109.55
Share price
-0.11%
Change (1 day)
32.10%
Change (1 year)

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
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%
201318.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
35.2 52.50%๐Ÿ‡บ๐Ÿ‡ธ USA
70.8 206.77%๐Ÿ‡บ๐Ÿ‡ธ USA
25.5 10.49%๐Ÿ‡บ๐Ÿ‡ธ USA
13.2-42.97%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.42-123.49%๐Ÿ‡บ๐Ÿ‡ธ USA
14.3-38.20%๐Ÿ‡บ๐Ÿ‡ธ USA
7.88-65.82%๐Ÿ‡บ๐Ÿ‡ธ USA
24.0 4.14%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.