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CMG Chipotle Mexican Grill PE ratio, current and historical analysis

As at Jun 18, 2024, the CMG stock has a PE ratio of 72.74. This is based on the current EPS of $47.12 and the stock price of $3,427.61 per share. An increase of 39% has been seen in the P/E ratio compared to the average of 52.3 of the last 4 quarters.

CMG PE ratio history

How has CMG's PE ratio performed in the past

The mean historical PE ratio of Chipotle Mexican Grill over the last ten years is 79.26. The current 72.74 PE ratio is 8% below the historical average. Over the past ten years, CMG's PE ratio was at its highest in the Dec 2016 quarter at 483.74, with a price of $377.32 and an EPS of $0.78. The Dec 2015 quarter recorded the bottom point at 31.36, with a price of $479.85 and an EPS of $15.3.

Average
79.26
Median
60.68
Minimum
31.36
Maximum
483.74

Chipotle Mexican Grill PE ratio by year

Maximum annual increase: 1,442.54% in 2016

Maximum annual decrease: -90.35% in 2017

Year PE ratio Change
2023 51.29 19.33%
2022 42.98 -42.94%
2021 75.32 -30.8%
2020 108.85 64.1%
2019 66.33 -2.46%
2018 68 45.64%
2017 46.69 -90.35%
2016 483.74 1,442.54%
2015 31.36 -34.26%
2014 47.7 -5.28%

CMG average PE ratio chart

What is the average PE ratio of CMG for the past years

CMG's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.

3-year avg
57.08
5-year avg
71.46
10-year avg
79.26
15-year avg
65.89

CMG PE vs peers

What is CMG's PE ratio compared to its peers

Compared to its peer stocks MCD and YUM, CMG's PE ratio stands higher. Chipotle Mexican Grill's current PE ratio of 72.74 is comparable to the average of its peer group, which is 22.47.

Stock name PE ratio Market cap
JACK Jack In The Box Inc 8.98 $997.43M
DENN DENNY'S Corp 15.81 $361.79M
MCD Mcdonalds Corp 21.34 $182.05B
PZZA Papa Johns International Inc 21.44 $1.62B
YUM Yum Brands Inc 23.46 $37.86B
BJRI BJs RESTAURANTS INC 33.21 $799.94M
DPZ Dominos Pizza Inc 33.99 $18.34B
CMG Chipotle Mexican Grill Inc 68.55 $88.72B

Frequently asked questions

What is Chipotle Mexican Grill's PE ratio?

The price to earnings ratio for CMG stock as of Jun 18, 2024, stands at 72.74.

What is the 3-year average PE ratio for Chipotle Mexican Grill (CMG)?

Over the last 3 years, the average price to earnings ratio for CMG stock is 57.08.

What is the 5-year average PE ratio for Chipotle Mexican Grill (CMG)?

Over the last 5 years, the average price to earnings ratio for CMG stock is 71.46.

What is the highest PE ratio for CMG?

The highest quarterly PE ratio in the last ten years has been 483.74 and it was in the Dec 2016 quarter.

How does the current PE ratio for CMG compare to its historical average?

CMG's current price to earnings ratio is 8% below its 10-year historical average.

Why is Chipotle Mexican Grill's PE ratio so high?

A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.

How is CMG's PE ratio calculated (Chipotle Mexican Grill PE ratio formula)?

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 18, 2024), Chipotle Mexican Grill's stock price is $3,427.61. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $47.12. Therefore, Chipotle Mexican Grill's P/E ratio for today is 72.74. PE RATIO(72.74) = STOCK PRICE($3,427.61) / TTM EPS($47.12)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.