The current PE ratio for Texas Roadhouse stock as of May 3, 2024 is 32.92. This is calculated based on the current EPS of $4.97 and the stock price of $163.61 per share. The P/E ratio marks an increase of 26% from the past four quarters average of 26.1.
The average historical PE ratio of Texas Roadhouse for the last ten years is 33.79. The current PE ratio of 32.92 is 2.6% below the historical average. Over the past ten years, TXRH's PE ratio was at its highest in the Dec 2020 quarter at 175.47, when the stock price was $78.96 and the EPS was $0.45. The lowest value was in the Jun 2022 quarter, when it reached 20.41 with a price of $74.92 and an EPS of $3.67.
Maximum annual increase: 669.61% in 2020
Maximum annual decrease: -85.49% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 27.01 | 14.45% |
| 2022 | 23.6 | -7.31% |
| 2021 | 25.46 | -85.49% |
| 2020 | 175.47 | 669.61% |
| 2019 | 22.8 | -11.32% |
| 2018 | 25.71 | -12.04% |
| 2017 | 29.23 | -3.28% |
| 2016 | 30.22 | 15.65% |
| 2015 | 26.13 | -3.29% |
| 2014 | 27.02 | 11.79% |
The current PE ratio of TXRH is above the 3-year historical average, but it is below the 5 and 10-year averages.
TXRH's PE ratio is lower than its peer stock BJRI, but it is greater than DRI's and EAT's. Texas Roadhouse's current PE ratio of 32.92 is above the average of its peers, which is 18.61.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BLMN Bloomin' Brands Inc | 9.02 | $2.23B |
| BDL Flanigans Enterprises Inc | 14.33 | $49.79M |
| EAT Brinker International Inc | 15.98 | $2.45B |
| CAKE Cheesecake Factory Inc | 16.03 | $1.72B |
| CHUY Chuy'S Holdings Inc | 16.46 | $504.97M |
| DRI Darden Restaurants Inc | 17.35 | $17.81B |
| DENN DENNY'S Corp | 18.39 | $420.83M |
| TXRH Texas Roadhouse Inc | 32.92 | $10.93B |
| BJRI BJs RESTAURANTS INC | 41.29 | $810.37M |
| RRGB Red Robin Gourmet Burgers Inc | N/A | $113.76M |
| DAVE Dave Inc | N/A | $552.47M |
The price to earnings ratio for TXRH stock is 32.92 as of May 3, 2024.
The average PE ratio for TXRH stock over the past 3 years is 25.87.
The average PE ratio for TXRH stock over the past 5 years is 39.88.
The highest quarterly PE ratio in the last ten years has been 175.47 and it was in the Dec 2020 quarter.
The current price to earnings ratio of TXRH is 2.6% lower than the 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Texas Roadhouse's stock price is $163.61. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.97. Therefore, Texas Roadhouse's P/E ratio for today is 32.92. PE RATIO(32.92) = STOCK PRICE($163.61) / TTM EPS($4.97)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.