Latest Ratios: P/E Ratio 87.7x · EV/EBITDA 53.8x · ROE 4.5%. (2003–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $460M | $358M | $215M | $221M | $264M | $431M | $609M | $272M | $268M | $332M | $235M |
| Enterprise Value | $618M | $515M | $375M | $376M | $428M | $597M | $679M | $431M | $250M | $283M | $186M |
| P/E Ratio → | 87.75 | 68.49 | — | — | 4.48 | 6.91 | 25.43 | 16.52 | 12.49 | 22.83 | 17.64 |
| P/S Ratio | 0.56 | 0.44 | 0.29 | 0.30 | 0.33 | 0.43 | 0.78 | 0.35 | 0.35 | 0.44 | 0.34 |
| P/B Ratio | 3.94 | 3.08 | 1.90 | 1.40 | 1.59 | 3.71 | 3.72 | 1.59 | 1.43 | 1.58 | 1.05 |
| P/FCF | 737.94 | 573.95 | — | — | — | 9.65 | 6.49 | 14.78 | 15.61 | 15.57 | 14.88 |
| P/OCF | 21.98 | 17.09 | — | — | 45.86 | 5.79 | 5.50 | 6.39 | 8.81 | 7.84 | 5.92 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.63 | 0.50 | 0.50 | 0.54 | 0.60 | 0.87 | 0.55 | 0.32 | 0.38 | 0.27 |
| EV / EBITDA | 53.85 | 44.93 | — | — | 13.45 | 5.97 | 13.26 | 11.47 | 5.68 | 6.80 | 5.16 |
| EV / EBIT | — | — | — | — | 5.61 | 7.50 | 21.10 | 21.57 | 9.44 | 11.98 | 9.54 |
| EV / FCF | — | 825.92 | — | — | — | 13.38 | 7.23 | 23.37 | 14.57 | 13.29 | 11.77 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.3% | 37.3% | 37.5% | 38.1% | 39.1% | 41.1% | 39.8% | 38.0% | 38.1% | 38.3% | 38.4% |
| Operating Margin | -0.9% | -0.9% | -5.2% | -2.6% | 1.4% | 8.0% | 4.1% | 2.4% | 3.3% | 3.0% | 2.7% |
| Net Profit Margin | 0.6% | 0.6% | -5.7% | -1.6% | 7.4% | 6.3% | 3.1% | 2.1% | 2.8% | 1.9% | 1.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.5% | 4.5% | -31.9% | -7.4% | 41.7% | 44.5% | 14.3% | 9.2% | 10.8% | 6.7% | 6.1% |
| ROA | 1.1% | 1.1% | -8.8% | -2.3% | 11.6% | 12.9% | 5.0% | 4.4% | 6.8% | 4.4% | 4.1% |
| ROIC | -1.9% | -1.9% | -10.1% | -4.5% | 2.7% | 23.1% | 8.5% | 5.7% | 11.4% | 10.2% | 8.2% |
| ROCE | -2.4% | -2.4% | -12.4% | -5.3% | 3.3% | 26.6% | 10.3% | 7.5% | 12.2% | 10.1% | 8.4% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.92 | 1.92 | 1.95 | 1.49 | 1.61 | 1.86 | 1.18 | 1.04 | — | — | — |
| Debt / EBITDA | 19.47 | 19.47 | — | — | 8.41 | 2.16 | 3.77 | 4.75 | — | — | — |
| Net Debt / Equity | — | 1.35 | 1.41 | 0.98 | 0.99 | 1.43 | 0.43 | 0.93 | -0.10 | -0.23 | -0.22 |
| Net Debt / EBITDA | 13.71 | 13.71 | — | — | 5.16 | 1.66 | 1.36 | 4.22 | -0.41 | -1.16 | -1.37 |
| Debt / FCF | — | 251.96 | — | — | — | 3.73 | 0.74 | 8.59 | -1.04 | -2.27 | -3.12 |
| Interest Coverage | -20.50 | -20.50 | -116.03 | -50.92 | 249.47 | 259.96 | 41.46 | 126.38 | 171.96 | 157.67 | 122.70 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.11 | 1.11 | 1.13 | 1.32 | 1.39 | 1.03 | 1.34 | 1.33 | 2.20 | 2.14 | 2.36 |
| Quick Ratio | 0.46 | 0.46 | 0.43 | 0.56 | 0.73 | 0.37 | 0.77 | 0.42 | 0.84 | 0.88 | 1.02 |
| Cash Ratio | 0.38 | 0.38 | 0.35 | 0.47 | 0.64 | 0.27 | 0.67 | 0.31 | 0.67 | 0.73 | 0.87 |
| Asset Turnover | — | 1.74 | 1.63 | 1.44 | 1.46 | 2.09 | 1.58 | 1.70 | 2.58 | 2.31 | 2.09 |
| Inventory Turnover | 4.53 | 4.53 | 3.84 | 3.55 | 4.58 | 4.72 | 4.54 | 3.51 | 3.41 | 3.38 | 3.18 |
| Days Sales Outstanding | — | — | 1.51 | 2.01 | 0.28 | 1.47 | — | 0.55 | — | — | 0.86 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | 0.1% | 1.4% | 1.6% | 1.3% | 1.5% |
| Payout Ratio | — | — | — | — | — | — | 3.5% | 22.8% | 19.7% | 29.0% | 26.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.1% | 1.5% | — | — | 22.3% | 14.5% | 3.9% | 6.1% | 8.0% | 4.4% | 5.7% |
| FCF Yield | 0.1% | 0.2% | — | — | — | 10.4% | 15.4% | 6.8% | 6.4% | 6.4% | 6.7% |
| Buyback Yield | 1.4% | 1.8% | 1.8% | 0.4% | 3.8% | 26.8% | 5.4% | 10.4% | 15.1% | 7.5% | 0.7% |
| Total Shareholder Yield | 1.4% | 1.8% | 1.8% | 0.4% | 3.8% | 26.8% | 5.5% | 11.8% | 16.7% | 8.8% | 2.2% |
| Shares Outstanding | — | $8M | $8M | $8M | $8M | $9M | $10M | $12M | $13M | $14M | $15M |
Operating leverage and liquidity
As reported in recent financial filings, CTRN trades at a forward P/E of 37.66, a multiple that appears disconnected from its thin net margins and suggests the market is pricing in a turnaround that remains unsupported by the company's current inconsistent earnings trajectory and operational performance.
The elevated P/E ratio relative to the company's historical performance and its peers indicates that investors are paying a premium for potential recovery rather than current fundamental strength. This valuation level warrants caution, as the lack of a stable earnings base makes the multiple highly sensitive to even minor misses in quarterly profitability.
Based on the provided financial data, CTRN's ROIC has frequently dipped into negative territory, reaching -2.1% in 2024Q3, which suggests that the company is currently failing to generate returns that exceed its cost of capital, thereby eroding shareholder value rather than compounding it over time.
The persistent inability to maintain positive ROIC highlights a structural issue where capital reinvestment into store refreshes and expansion is not yielding sufficient incremental profit. This trend suggests that the company's current growth strategy may be value-destructive until it can achieve a more consistent operating margin.
According to the quarterly ratio analysis, CTRN's days inventory outstanding has fluctuated significantly, peaking at 111 days in 2024Q3, which indicates that the company struggles to maintain efficient inventory turnover and is susceptible to the margin-eroding markdowns typical of the off-price retail sector.
The volatility in the cash conversion cycle suggests that management faces challenges in aligning procurement with actual consumer demand, leading to periodic inventory bloat. This inefficiency directly impacts liquidity and forces the company to rely more heavily on external financing to bridge the gaps in its operating cycle.
As evidenced by the company's financial statements, the debt-to-equity ratio has climbed to 1.81 in 2026Q1 from 1.48 in 2024Q1, signaling that the firm is increasingly reliant on leverage to fund operations during periods of negative or thin profitability, which increases the overall risk profile.
The rising leverage ratio, combined with erratic interest coverage, suggests that the company's financial flexibility is narrowing. Investors should monitor whether this debt accumulation is sustainable if the company fails to achieve a sustained return to positive operating margins in the coming fiscal periods.
Based on an analysis of the business model, the P/E ratio is a fundamentally flawed metric for CTRN, as it obscures the company's extreme sensitivity to government transfer payments and seasonal tax refund cycles, which drive earnings far more than organic, long-term operational growth.
Using P/E to value this business ignores the reality that earnings are often a byproduct of fiscal policy rather than sustainable retail demand. A more appropriate approach would involve focusing on EV/Sales or store-level cash flow metrics to better capture the underlying health of the physical footprint.
Includes 30+ ratios · 23 years · Updated daily
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Quick answers to the most common questions about buying CTRN stock.
Citi Trends, Inc.'s current P/E ratio is 87.7x. The historical average is 22.6x. This places it at the 100th percentile of its historical range.
Citi Trends, Inc.'s current EV/EBITDA is 53.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.0x.
Citi Trends, Inc.'s return on equity (ROE) is 4.5%. The historical average is 11.7%.
Based on historical data, Citi Trends, Inc. is trading at a P/E of 87.7x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Citi Trends, Inc. has 37.3% gross margin and -0.9% operating margin.
Citi Trends, Inc.'s Debt/EBITDA ratio is 19.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.