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Chipotle Mexican Grill (NYSE:CMG) Shiller PE Ratio

: 107.69 (As of Today)
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As of today (2023-03-24), Chipotle Mexican Grill's current share price is $1632.53. Chipotle Mexican Grill's E10 for the quarter that ended in Dec. 2022 was $15.16. Chipotle Mexican Grill's Shiller PE Ratio for today is 107.69.

The historical rank and industry rank for Chipotle Mexican Grill's Shiller PE Ratio or its related term are showing as below:

CMG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 32.42   Med: 91.48   Max: 170.73
Current: 107.69

During the past years, Chipotle Mexican Grill's highest Shiller PE Ratio was 170.73. The lowest was 32.42. And the median was 91.48.

CMG's Shiller PE Ratio is ranked worse than
90.29% of 103 companies
in the Restaurants industry
Industry Median: 24.81 vs CMG: 107.69

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Chipotle Mexican Grill's adjusted earnings per share data for the three months ended in Dec. 2022 was $8.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $15.16 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chipotle Mexican Grill Shiller PE Ratio Historical Data

The historical data trend for Chipotle Mexican Grill's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chipotle Mexican Grill Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.49 89.56 137.91 142.47 91.53

Chipotle Mexican Grill Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 142.47 122.01 93.66 102.86 91.53

Competitive Comparison

For the Restaurants subindustry, Chipotle Mexican Grill's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Chipotle Mexican Grill Shiller PE Ratio Distribution

For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Chipotle Mexican Grill's Shiller PE Ratio falls in comparison to its industry or sector. The grey bar indicates the Shiller PE Ratio's extreme value range as defined by GuruFocus.



Chipotle Mexican Grill Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Chipotle Mexican Grill's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1632.53/15.16
=107.69

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Chipotle Mexican Grill's E10 for the quarter that ended in Dec. 2022 is calculated as:

For example, Chipotle Mexican Grill's adjusted earnings per share data for the three months ended in Dec. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=8.02/125.2218*125.2218
=8.020

Current CPI (Dec. 2022) = 125.2218.

Chipotle Mexican Grill Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201303 2.450 98.209 3.124
201306 2.820 98.518 3.584
201309 2.660 98.790 3.372
201312 2.530 98.326 3.222
201403 2.640 99.695 3.316
201406 3.500 100.560 4.358
201409 4.150 100.428 5.175
201412 3.840 99.070 4.854
201503 3.880 99.621 4.877
201506 4.450 100.684 5.535
201509 4.590 100.392 5.725
201512 2.170 99.792 2.723
201603 -0.880 100.470 -1.097
201606 0.870 101.688 1.071
201609 0.270 101.861 0.332
201612 0.550 101.863 0.676
201703 1.600 102.862 1.948
201706 2.320 103.349 2.811
201709 0.690 104.136 0.830
201712 1.550 104.011 1.866
201803 2.130 105.290 2.533
201806 1.680 106.317 1.979
201809 1.360 106.507 1.599
201812 1.150 105.998 1.359
201903 3.130 107.251 3.654
201906 3.220 108.070 3.731
201909 3.470 108.329 4.011
201912 2.550 108.420 2.945
202003 2.700 108.902 3.105
202006 0.290 108.767 0.334
202009 2.820 109.815 3.216
202012 6.690 109.897 7.623
202103 4.450 111.754 4.986
202106 6.600 114.631 7.210
202109 7.180 115.734 7.769
202112 4.680 117.630 4.982
202203 5.590 121.301 5.771
202206 9.250 125.017 9.265
202209 9.200 125.227 9.200
202212 8.020 125.222 8.020

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Chipotle Mexican Grill  (NYSE:CMG) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Chipotle Mexican Grill Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Chipotle Mexican Grill's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Chipotle Mexican Grill (NYSE:CMG) Business Description

Chipotle Mexican Grill logo
Traded in Other Exchanges
Address
610 Newport Center Drive, Suite 1400, Newport Beach, CA, USA, 92660
Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $7.5 billion in 2021. The Mexican concept is entirely company-owned, with a footprint of more than 3,000 stores, heavily indexed to the United States (though the firm maintains a small presence in Canada, the U.K., France, and Germany). Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.
Executives
Scott Harlan Maw director 1411 E. MISSION AVENUE, SPOKANE WA 99202
Ali Namvar director C/O PERSHING SQUARE CAPITAL MANAGEMENT, 888 SEVENTH AVENUE, 42ND FLOOR, NEW YORK NY 10019
Patricia Filikrushel director DOLLAR GENERAL CORPORATION, 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Robin S Hickenlooper director 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Gregg L Engles director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Mary A Winston director 557 BROADWAY, C/O SCHOLASTIC CORP, NEW YORK NY 10012
Matt Carey director 11216 WAPLES MILL ROAD SUITE 100, FAIRFAX VA 22030
Mauricio Gutierrez director 211 CARNEGIE CENTER, PRINCETON NJ 08540
Neil Flanzraich director 4400 BISCAYNE BLVD, MIAMI FL 33137
Brian R Niccol director, officer: Chairman, CEO 1 GLEN BELL WAY, IRVINE CA 92618
Christopher W Brandt officer: Chief Marketing Officer 2202 NORTH WESTSHORE BLVD, TAMPA FL 33607
Laurie Schalow officer: Chief Corp Affairs, Food Sft 610 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Marissa Andrada officer: Chief D&I and People Officer C/O KATE SPADE & COMPANY 2 PARK AVENUE, NEW YORK NY 10016
Curtis E Garner officer: Chief Technology Officer C/O AEROHIVE NETWORKS, INC., 330 GIBRALTAR DRIVE, SUNNYVALE CA 94089
Scott Boatwright officer: Chief Restaurant Officer 1401 WYNKOOP STREET, SUITE 500, DENVER CO 80202

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