Ross Stores Looks Undervalued: Is Now the Time to Buy the Stock?
Ross Stores, Inc. (ROST) is currently trading at a discount relative to its industry peers. The stock trades at a forward 12-month price-to-earnings (P/E) ratio of 21.41X, lower than the industry’s average of 31.61X. Adding to its appeal, ROST holds a Value Score of B, highlighting its strong fundamentals and making it an attractive opportunity for long-term, value-focused investors.ROST Stock's P/E ValuationImage Source: Zacks Investment ResearchWhen compared to major discount retailers like Costco Wholesa ...