P/E ratio for Texas Roadhouse (TXRH)
P/E ratio as of April 2024 (TTM): 35.9
According to Texas Roadhouse 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.8719. At the end of 2022 the company had a P/E ratio of 22.9.
P/E ratio history for Texas Roadhouse from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.9 | -10.16% |
| 2021 | 25.4 | -85.36% |
| 2020 | 174 | 661.74% |
| 2019 | 22.8 | -15.59% |
| 2018 | 27.0 | -5.13% |
| 2017 | 28.5 | -3.19% |
| 2016 | 29.4 | 13.48% |
| 2015 | 25.9 | -4.03% |
| 2014 | 27.0 | 11.72% |
| 2013 | 24.2 | 46.77% |
| 2012 | 16.5 | -0.51% |
| 2011 | 16.6 | -21.9% |
| 2010 | 21.2 | 28.36% |
| 2009 | 16.5 | 12.94% |
| 2008 | 14.6 | -29.93% |
| 2007 | 20.9 | -27.61% |
| 2006 | 28.8 | -41.61% |
| 2005 | 49.4 | -41.95% |
| 2004 | 85.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Darden Restaurants
DRI | 19.3 | -46.17% | 🇺🇸 USA |
 The Cheesecake Factory
CAKE | 20.1 | -44.09% | 🇺🇸 USA |
 Red Robin
RRGB | -2.00 | -105.58% | 🇺🇸 USA |
 Denny's
DENN | 16.1 | -55.08% | 🇺🇸 USA |
 Chuy's
CHUY | 20.9 | -41.71% | 🇺🇸 USA |
 Bloomin' Brands BLMN | 9.62 | -73.18% | 🇺🇸 USA |
 BJ's Restaurants
BJRI | 48.7 | 35.81% | 🇺🇸 USA |
 Brinker International
EAT | 15.1 | -58.02% | 🇺🇸 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.