Chipotle Mexican Grill is an American fast food chain that sells Mexican food such as burritos or tacos. The chain is headquartered in Denver, Colorado where it was founded in 1993 by Steve Ells.
P/E ratio for Chipotle Mexican Grill (CMG)
P/E ratio as of May 2024 (TTM): 74.7
According to Chipotle Mexican Grill's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 74.7417. At the end of 2021 the company had a P/E ratio of 75.3.
P/E ratio history for Chipotle Mexican Grill from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 75.3 | -30.85% |
| 2020 | 109 | 64.22% |
| 2019 | 66.3 | -2.6% |
| 2018 | 68.1 | 45.62% |
| 2017 | 46.8 | -89.84% |
| 2016 | 460 | 1367.17% |
| 2015 | 31.4 | -34.25% |
| 2014 | 47.7 | -5.27% |
| 2013 | 50.4 | 49.31% |
| 2012 | 33.7 | -31.2% |
| 2011 | 49.0 | 31.85% |
| 2010 | 37.2 | 68.26% |
| 2009 | 22.1 | -14.8% |
| 2008 | 25.9 | -62.09% |
| 2007 | 68.4 | 53.61% |
| 2006 | 44.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 McDonald MCD | 24.0 | -67.92% | 🇺🇸 USA |
 Yum! Brands YUM | 25.9 | -65.40% | 🇺🇸 USA |
 Papa John's Pizza
PZZA | 22.2 | -70.26% | 🇺🇸 USA |
 Jack in the Box
JACK | 8.18 | -89.06% | 🇺🇸 USA |
 Fiesta Restaurant Group FRGI | -40.4 | -154.09% | 🇺🇸 USA |
 Denny's
DENN | 15.7 | -78.98% | 🇺🇸 USA |
 BJ's Restaurants
BJRI | 53.4 | -28.55% | 🇺🇸 USA |
 Domino's Pizza DPZ | 35.6 | -52.32% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.