Ross Stores, Inc. (ROST)

Retail-Family Clothing Stores

Latest Price

$233.40

TTM P/E

28.26

Normalized P/E

39.31

Div Yield

0.73%

Book Value

21.11

P/B Ratio

11.06

Valuation metrics

EPS: $6.61

Book value / share: $19.20

Formula: √(22.5 × EPS × BVPS)

Graham Number

$53.43

77% downside

Norm. op. income: $2.1B (median of 7yr)

Tax rate: 24%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$58.01

75% downside

Base FCF: $1.8B (median of recent 5yr)

Growth: 6%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$108.11

54% downside

EPS: $6.61

Target P/E: 39×

Formula: EPS × P/E

P/E Fair Value

$257.79

+10% upside

92.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	27.90M	$5.94B	8.73%	+3.04M	2026-06-30
Vanguard Capital Management LLC	21.04M	$4.48B	6.58%	+20.6K	2026-06-30
State Street Corp	14.64M	$3.12B	4.58%	+734.0K	2026-06-30
Vanguard Portfolio Management LLC	14.52M	$3.09B	4.54%	+337.0K	2026-06-30
Invesco Ltd.	12.32M	$2.62B	3.85%	+6.97M	2026-06-30
FMR LLC	10.97M	$2.33B	3.43%	+1.82M	2026-06-30
Bank of America Corp	9.51M	$2.02B	2.97%	+93.1K	2026-06-30
Primecap Management Co	9.10M	$1.94B	2.85%	-65.0K	2026-06-30
JPMorgan Chase & Co	8.69M	$1.81B	2.72%	-1.04M	2026-06-30
Geode Capital Management, LLC	7.94M	$1.68B	2.49%	-1.16M	2026-06-30