Stock Analysis on Net

Ross Stores Inc. (NASDAQ:ROST)

$22.49

This company has been moved to the archive! The financial data has not been updated since December 7, 2022.

Price to Earnings (P/E)
since 2005

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Calculation

Ross Stores Inc., P/E, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of Ross Stores Inc. Annual Report.


The analysis of the financial data reveals several notable trends in the stock performance and earnings of the company over the examined period.

Share Price
The share price exhibited a generally upward trajectory from 2005 to 2022, rising from $6.99 to a peak of $120.38 in 2021 before declining to $95.55 in 2022. There were periods of moderate growth, particularly between 2009 and 2012 where the price nearly doubled from approximately $9 to $29.5. Subsequent years showed steady appreciation, indicating increased market valuation, albeit with a significant drop in the last reported year.
Earnings per Share (EPS)
EPS displayed consistent growth from $0.29 in 2005 to $4.67 in 2020, highlighting sustained profitability improvement. Anomaly occurs in 2021, where EPS sharply declined to $0.24, likely reflecting an extraordinary event or downturn. However, EPS rebounded strongly to $4.91 in 2022, surpassing previous highs, signaling recovery and resilience.
Price-to-Earnings (P/E) Ratio
The P/E ratio declined from an initial level of 24.31 in 2005 to lower teens around 2009 and 2010, suggesting valuations became more attractive relative to earnings during this phase. It fluctuated in the 15-24 range for several years thereafter, reflecting stable investor sentiment and consistent earnings growth. A notable spike to 502.66 occurred in 2021, correlating with the sharp EPS decrease and indicating overvaluation or investor uncertainty during that period. The P/E ratio normalized to 19.46 in 2022 along with EPS recovery, restoring typical valuation levels.

In summary, the company demonstrated strong growth in both stock price and earnings over the long term. The transient disruption in 2021 is clearly reflected in the profitability and valuation metrics but was followed by a recovery in 2022. The data suggests resilience and a positive outlook post the temporary downturn.


Comparison to Competitors

Ross Stores Inc., P/E, long-term trends, comparison to competitors

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Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).


Comparison to Sector (Consumer Discretionary Distribution & Retail)

Ross Stores Inc., P/E, long-term trends, comparison to sector (consumer discretionary distribution & retail)

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Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).


Comparison to Industry (Consumer Discretionary)