CMG
Chipotle Mexican Grill
PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NYSE: CMG
- PE Ratio
As at Jun 16, 2026, the CMG stock has a PE ratio of 29.92. This is based on the current EPS of $1.09 and the stock price of $32.61 per share. A decrease of 18% has been seen in the P/E ratio compared to the average of 36.4 of the last 4 quarters.
CMG PE ratio history
The mean historical PE ratio of Chipotle Mexican Grill over the last ten years is 76.52. The current 29.92 PE ratio is 61% below the historical average. Over the past ten years, CMG's PE ratio was at its highest in the Dec 2016 quarter at 377.3, with a price of $7.55 and an EPS of $0.02. The Mar 2026 quarter recorded the bottom point at 29.37, with a price of $32.01 and an EPS of $1.09.
Chipotle Mexican Grill PE ratio by year
Maximum annual increase: 1,118.67% in 2016
Maximum annual decrease: -87.23% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 32.17 | -40.25% | $37 | $1.15 |
| 2024 | 53.84 | 4.77% | $60.3 | $1.12 |
| 2023 | 51.39 | 20.38% | $45.74 | $0.89 |
| 2022 | 42.69 | -43.84% | $27.75 | $0.65 |
| 2021 | 76.01 | -28.74% | $34.97 | $0.46 |
| 2020 | 106.67 | 59.28% | $27.73 | $0.26 |
| 2019 | 66.97 | 0.81% | $16.74 | $0.25 |
| 2018 | 66.43 | 37.88% | $8.64 | $0.13 |
| 2017 | 48.18 | -87.23% | $5.78 | $0.12 |
| 2016 | 377.3 | 1,118.67% | $7.55 | $0.02 |
| 2015 | 30.96 | -34.42% | $9.6 | $0.31 |
| 2014 | 47.21 | -6.96% | $13.69 | $0.29 |
| 2013 | 50.74 | 53.52% | $10.66 | $0.21 |
| 2012 | 33.05 | -31.5% | $5.95 | $0.18 |
| 2011 | 48.25 | 36.15% | $6.76 | $0.14 |
Chipotle Mexican Grill PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 29.37 | -8.7% | $32.01 | $1.09 |
| Dec 2025 | 32.17 | -6.43% | $37 | $1.15 |
| Sep 2025 | 34.38 | -30.81% | $39.19 | $1.14 |
| Jun 2025 | 49.69 | 12.83% | $56.15 | $1.13 |
| Mar 2025 | 44.04 | -18.2% | $50.21 | $1.14 |
| Dec 2024 | 53.84 | -0.02% | $60.3 | $1.12 |
| Sep 2024 | 53.85 | -12.32% | $57.62 | $1.07 |
| Jun 2024 | 61.42 | -0.7% | $62.65 | $1.02 |
| Mar 2024 | 61.85 | 20.35% | $58.14 | $0.94 |
| Dec 2023 | 51.39 | 20.63% | $45.74 | $0.89 |
| Sep 2023 | 42.6 | -19.33% | $36.64 | $0.86 |
| Jun 2023 | 52.81 | 15.94% | $42.78 | $0.81 |
| Mar 2023 | 45.55 | 6.7% | $34.17 | $0.75 |
| Dec 2022 | 42.69 | -17.62% | $27.75 | $0.65 |
| Sep 2022 | 51.82 | 7.02% | $30.06 | $0.58 |
CMG Price vs fair value
CMG average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
CMG's current P/E ratio is below the 3, 5 and 10-year averages.
PE comparison
Chipotle Mexican Grill's P/E of 29.92 is above the Consumer Cyclical sector, the industry and its peers average. Compared to its Consumer Cyclical sector average of 20.77, Chipotle Mexican Grill's P/E is 44% higher.
CMG PE vs peers
Compared to its peer PZZA, CMG's PE ratio stands lower, however it is higher than MCD's and YUM's. Chipotle Mexican Grill is presently trading at a higher PE ratio (29.92) than its peer group average of 23.04.
| Stock name | PE ratio | Market cap |
|---|---|---|
| JACK Jack In The Box Inc | 6.67 | $236.51M |
| DPZ Dominos Pizza Inc | 17.97 | $10.46B |
| MCD Mcdonalds Corp | 23.3 | $201.66B |
| YUM Yum Brands Inc | 24.69 | $42.46B |
| BJRI BJs RESTAURANTS INC | 25.56 | $1.1B |
| CMG Chipotle Mexican Grill Inc | 29.23 | $40.87B |
| PZZA Papa Johns International Inc | 43.36 | $1.2B |
Frequently asked questions
What is Chipotle Mexican Grill's PE ratio?
The price to earnings ratio for CMG stock as of Jun 16, 2026, stands at 29.92.
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 47.28.
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 52.08.
What is the highest PE ratio for CMG?
The highest quarterly PE ratio in the last ten years has been 377.3 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 61% below its 10-year historical average.
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 16, 2026), Chipotle Mexican Grill's stock price is $32.61. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $1.09. Therefore, Chipotle Mexican Grill's P/E ratio for today is 29.92. PE RATIO(29.92) = STOCK PRICE($32.61) / TTM EPS($1.09)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.