Texas Roadhouse
TXRH
#2047
Rank
$6.28 B
Marketcap
$94.08
Share price
2.05%
Change (1 day)
5.76%
Change (1 year)
Texas Roadhouse is an American chain restaurant that specializes in steaks around a Western theme.

P/E ratio for Texas Roadhouse (TXRH)

P/E ratio as of August 2022 (TTM): 25.6

According to Texas Roadhouse 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.5652. At the end of 2021 the company had a P/E ratio of 25.4.

P/E ratio history for Texas Roadhouse from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202125.4-85.36%
2020174661.74%
201922.8-15.59%
201827.0-5.13%
201728.5-3.19%
201629.413.48%
201525.9-4.03%
201427.011.72%
201324.246.77%
201216.5-0.51%
201116.6

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.