FWRG First Watch Restaurant Group PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NASDAQ: FWRG
- PE Ratio
As of May 8, 2025, the FWRG stock has a PE ratio of 88.83. The calculation is based on the latest EPS of $0.18 and the stock price of $15.99 per share. An increase of 47% has been observed in the PE ratio compared to its average of 60.4 of the last four quarters.
FWRG PE ratio history
The mean historical PE ratio of First Watch Restaurant Group over the last four years is 121.82. The current 88.83 P/E ratio is 27% lower than the historical average. Looking back at the last four years, FWRG's PE ratio peaked in the Sep 2022 quarter at 483.67, with a price of $14.51 and an EPS of $0.03. The Jun 2024 quarter marked the lowest point at 42.83, with a price of $17.56 and an EPS of $0.41.
First Watch Restaurant Group PE ratio by year
Maximum annual increase: 29.05% in 2024
Maximum annual decrease: -60.53% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 60.32 | 29.05% | $18.7 | $0.31 |
| 2023 | 46.74 | -60.53% | $20.1 | $0.43 |
| 2022 | 118.42 | N/A | $14.21 | $0.12 |
| 2021 | N/A | N/A | $15.97 | -$0.04 |
| 2020 | N/A | N/A | N/A | -$1.1 |
| 2019 | N/A | N/A | N/A | -$1.01 |
First Watch Restaurant Group PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 93.67 | 55.29% | $16.86 | $0.18 |
| Dec 2024 | 60.32 | 34.13% | $18.7 | $0.31 |
| Sep 2024 | 44.97 | 5% | $15.74 | $0.35 |
| Jun 2024 | 42.83 | -32.16% | $17.56 | $0.41 |
| Mar 2024 | 63.13 | 35.07% | $24.62 | $0.39 |
| Dec 2023 | 46.74 | -3.39% | $20.1 | $0.43 |
| Sep 2023 | 48.38 | -15.86% | $17.9 | $0.37 |
| Jun 2023 | 57.5 | -25.08% | $16.1 | $0.28 |
| Mar 2023 | 76.75 | -35.19% | $15.35 | $0.2 |
| Dec 2022 | 118.42 | -75.52% | $14.21 | $0.12 |
| Sep 2022 | 483.67 | 66.78% | $14.51 | $0.03 |
| Jun 2022 | 290 | 84.42% | $14.5 | $0.05 |
| Mar 2022 | 157.25 | N/A | $12.58 | $0.08 |
| Dec 2021 | N/A | N/A | $15.97 | -$0.04 |
| Sep 2021 | N/A | N/A | N/A | -$0.1 |
FWRG average PE ratio chart
The current PE ratio of FWRG is lower than its 3-year average.
FWRG PE vs peers
FWRG's PE ratio stands higher than its peer stocks DRI and TXRH. First Watch Restaurant Group's current PE ratio of 88.83 is similar to the average of its peers, which is 24.39.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CAKE Cheesecake Factory Inc | 15.22 | $2.47B |
| EAT Brinker International Inc | 18.24 | $6.07B |
| DRI Darden Restaurants Inc | 22.31 | $23.29B |
| TXRH Texas Roadhouse Inc | 26.55 | $11.47B |
| BJRI BJs RESTAURANTS INC | 39.61 | $858.54M |
| FWRG First Watch Restaurant Group Inc | 88.83 | $975.28M |
| BLMN Bloomin' Brands Inc | N/A | $622.54M |
| RRGB Red Robin Gourmet Burgers Inc | N/A | $48.91M |
Frequently asked questions
What is First Watch Restaurant Group's PE ratio?
FWRG's price to earnings ratio is 88.83 as of May 8, 2025.
What is the 3-year average PE ratio for First Watch Restaurant Group (FWRG)?
As an average over the last 3 years, FWRG stock has a PE ratio of 118.87.
What is the highest PE ratio for FWRG?
Over the last four years, the Sep 2022 quarter recorded the highest quarterly PE ratio at 483.67.
How does the current PE ratio for FWRG compare to its historical average?
FWRG's current price to earnings ratio is 27% below its 4-year historical average.
Why is First Watch Restaurant Group's PE ratio so high?
FWRG's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
How is FWRG's PE ratio calculated (First Watch Restaurant Group PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 8, 2025), First Watch Restaurant Group's share price is $15.99. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $0.18. Therefore, First Watch Restaurant Group's PE ratio for today is 88.83. PE RATIO(88.83) = STOCK PRICE($15.99) / TTM EPS($0.18)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.