Ross Stores
ROST
#495
Rank
$34.81 B
Marketcap
$101.09
Share price
-0.24%
Change (1 day)
10.41%
Change (1 year)

P/E ratio for Ross Stores (ROST)

P/E ratio as of March 2023 (TTM): 22.9

According to Ross Stores's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.9456. 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
55.3 141.06%๐Ÿ‡บ๐Ÿ‡ธ USA
9.88-56.93%๐Ÿ‡บ๐Ÿ‡ธ USA
24.9 8.42%๐Ÿ‡บ๐Ÿ‡ธ USA
15.3-33.23%๐Ÿ‡บ๐Ÿ‡ธ USA
92.0 300.95%๐Ÿ‡บ๐Ÿ‡ธ USA
19.0-17.07%๐Ÿ‡บ๐Ÿ‡ธ USA
8.89-61.27%๐Ÿ‡บ๐Ÿ‡ธ USA
275 1,097.45%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.