Chipotle Mexican Grill
CMG
#360
Rank
$46.43 B
Marketcap
$1,670
Share price
1.90%
Change (1 day)
-10.92%
Change (1 year)

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 August 2022 (TTM): 58.0

According to Chipotle Mexican Grill's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 57.9606. At the end of 2020 the company had a P/E ratio of 109.

P/E ratio history for Chipotle Mexican Grill from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202010964.22%
201966.3-2.6%
201868.1
20164601367.17%
201531.4-34.25%
201447.7-5.27%
201350.4
201149.0

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.