Ross Stores, Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Ross Stores, Inc. (ROST), the latest P/E of 32.3 frames valuation, while ROE 38.42% and ROIC 19.06% indicates profitability and capital efficiency. Together with the current ratio of 1.54 and debt-to-equity 0.75, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

ROST Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$74.54$64.30$60.79$54.44$53.82$35.56$44.74$40.55$37.08$32.81
Net Income per Share$7.26$6.36$5.59$4.40$4.90$0.24$4.63$4.30$3.58$2.85
Operating Cash Flow per Share$10.83$7.17$7.50$4.92$4.95$6.37$6.06$5.59$4.41$3.98
Free Cash Flow per Share$8.25$4.98$5.23$3.01$3.36$5.22$4.51$4.47$3.44$3.22
Cash per Share$12.95$14.40$14.54$13.25$14.00$13.68$3.77$3.82$3.39$2.83
Book Value per Share$19.77$16.77$14.53$12.49$11.55$9.34$9.37$8.95$8.00$7.01
Tangible Book Value per Share$19.77$16.77$14.53$12.49$11.55$9.34$9.37$8.95$8.00$7.01
Interest Debt per Share$14.92$17.49$17.37$16.85$16.21$16.52$9.76$0.89$1.09$1.06
CAPEX per Share$2.57$2.19$2.28$1.90$1.59$1.15$1.55$1.12$0.97$0.76

ROST Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)32.3423.6625.0826.8519.95463.9424.2121.4423.0523.19
Price to Book (P/B)11.818.989.659.478.4612.0411.9710.310.39.43
Price to Sales (P/S)3.152.342.312.171.823.162.512.272.222.01
Enterprise Value to EBITDA19.7315.4316.1516.9513.0172.5516.7713.7412.8611.96
EV to Sales3.172.392.352.231.853.232.642.22.161.96
EV to Operating Cash Flow21.8621.3919.0524.7120.1618.0419.515.9418.1516.17
EV to Free Cash Flow28.6730.8127.3440.3229.6922.0226.2119.9323.2919.99
Enterprise Value$75.48B$50.42B$47.90B$41.75B$35.06B$40.53B$42.35B$32.94B$30.51B$25.21B

ROST Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)38.42%37.95%38.48%35.26%42.43%2.59%49.44%48.02%44.69%40.67%
Return on Invested Capital (ROIC)19.06%16.83%15.84%14.51%17.69%3.67%22.84%38.87%35.25%31.71%
Return on Tangible Assets14.89%14.03%13.11%11.27%12.63%0.67%17.77%26.14%23.82%21.05%
Earnings Yield3.11%4.23%3.99%3.72%5.01%0.22%4.13%4.66%4.34%4.31%
Free Cash Flow Yield3.51%3.31%3.73%2.55%3.44%4.65%4.02%4.86%4.17%4.86%
Dividend Yield0.73%0.99%0.97%1.06%1.18%0.26%0.92%0.99%0.79%0.83%

ROST Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio1.541.621.771.91.771.691.271.691.641.61
Interest Coverage79.4340.7931.1524.7131.044.88220.35124.38108.6992.12
Income Quality1.491.131.341.121.0126.31.311.31.231.39
Debt to Equity0.751.031.181.331.381.741.040.090.130.14
Debt to Assets30.37%38.12%40.19%42.53%41.22%45.08%37.31%5.14%6.94%7.47%
Net Debt to EBITDA0.150.290.30.470.261.640.85-0.46-0.38-0.34

ROST Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover111.87146.24155.83128.32158.63108.91156.88154.93160.86171.21
Payables Turnover6.427.187.576.945.784.368.99.119.488.98
Inventory Turnover5.726.246.756.896.066.526.36.136.126.06
Days Sales Outstanding3.262.52.342.842.33.352.332.362.272.13
Days Payables Outstanding56.8450.8648.2352.663.1683.7341.0240.0638.5240.65
Days of Inventory on Hand63.7658.4754.0652.9660.2355.9857.9759.5759.6760.19

ROST Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA19.7315.4316.1516.9513.0172.5516.7713.7412.8611.96
Market Cap$74.89B$49.47B$47.02B$40.59B$34.36B$39.61B$40.22B$34.04B$31.40B$25.92B
Enterprise Value$75.48B$50.42B$47.90B$41.75B$35.06B$40.53B$42.35B$32.94B$30.51B$25.21B
Dividend Yield0.73%0.99%0.97%1.06%1.18%0.26%0.92%0.99%0.79%0.83%
Payout Ratio23.25%23.38%24.26%28.52%23.52%118.77%22.26%21.24%18.16%19.20%

Frequently Asked Questions

Is Ross Stores, Inc. stock overvalued based on its P/E ratio?

On this page, ROST's current P/E is 32.3, compared with a multi-year average around 68.4. A lower P/E versus its own history is often interpreted as relatively cheaper valuation (all else equal). In practice, the "why" matters: check whether the lower multiple is supported by profitability and earnings quality (for example, ROE/ROIC and income quality in the table), or whether it reflects weaker fundamentals.

What is Ross Stores, Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $74.89B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

What is a good P/E ratio for Ross Stores, Inc. compared to its industry?

There isn't one universal "good" P/E - P/E should be judged against the business model and expected growth for its sector. A practical approach is: (1) compare the P/E on this page to Ross Stores, Inc.'s own historical range (shown across the table's rows), and (2) benchmark against peer companies using the Screener's P/E filters and the Peers Comparison/Compare tools. If profitability (ROE/ROIC) and cash-flow strength are improving, a higher P/E can be more defensible; if returns are slipping, even a lower P/E may be a value trap.

How does Ross Stores, Inc. compare to its competitors in key financial ratios?

The fastest way to compare Ross Stores, Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Ross Stores, Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

Is Ross Stores, Inc. financially strong based on its ratios?

To assess whether Ross Stores, Inc. is financially strong, review both profitability and balance-sheet risk together. Current ratio is about 1.54, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 79.43, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.75, suggesting leverage is more moderate relative to a high-debt profile. Then confirm the same story is supported by ROE/ROIC (quality of earnings) and by cash-flow backed metrics in the table.

What do Ross Stores, Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Ross Stores, Inc. is sustaining strong returns (for example ROE at 38.42% and ROIC at 19.06%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.