Papa John's InternationalFRA:PP1 -3.87%64 Current Ratio is 0.84 as of Mar. 2026, which is 8% below its 10-year median of 0.91. GuruFocus rates FRA:PP1 with a GF Score™ of 64/100 and a GF Value™ of €38.50 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 363 Restaurants companies, Papa John's International ranks worse than 59.5% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Papa John's International's current ratio for the quarter that ended in Mar. 2026 was 0.84.
Papa John's International has a current ratio of 0.84. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Papa John's International has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Papa John's International's Current Ratio or its related term are showing as below:
FRA:PP1'
s Current Ratio Range Over the Past 10 Years
Min: 0.76 Med: 0.91 Max: 1.29
Current: 0.84
During the past 13 years, Papa John's International's highest Current Ratio was 1.29. The lowest was 0.76. And the median was 0.91.
FRA:PP1's Current Ratio is ranked worse than 59.5% of 363
companies
in the Restaurants industry
Industry Median: 0.99
vs FRA:PP1: 0.84
Papa John's International (FRA:PP1) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Papa John's International Current Ratio Related Terms
Papa John's International Current Ratio Historical Data
* 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.
FRA:PP1 vs CBRL, BJRI, BH: Current Ratio Comparison
For the Restaurants subindustry, Papa John's International's Current Ratio, along with its competitors' market caps and Current 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.
Papa John's International Current Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Papa John's International's Current Ratio distribution charts can be found below:
* The bar in red indicates where Papa John's International's Current Ratio falls into.
* 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.
Papa John's International (FRA:PP1) has a Current Ratio of 0.84 as of Mar. 2026. This is near median its historical median of 0.91. Over the past decade, Papa John's International's Current Ratio has ranged from 0.76 to 1.29. According to the industry distribution chart, Papa John's International ranks #216 out of 363 companies in the Restaurants industry, placing it in the top 59.5%.
Is Papa John's International's Current Ratio too high?
Papa John's International's current Current Ratio of 0.84 is near median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.29. The Restaurants industry median Current Ratio is 0.99. Papa John's International's value of 0.84 is 15.2% below this industry median. Based on the distribution chart, Papa John's International ranks #216 out of 363 companies in the Restaurants industry, which is below the industry midpoint. Overall, Papa John's International has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Papa John's International's Current Ratio compare to CBRL and BJRI?
According to the Restaurants industry distribution chart, Papa John's International ranks #216 out of 363 companies for Current Ratio. This places Papa John's International in the lower half of its industry. The industry median Current Ratio is 0.99. Papa John's International's value of 0.84 is 15.2% below this benchmark. Historically, Papa John's International's own Current Ratio has ranged from 0.76 to 1.29 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.99, Papa John's International has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Restaurants company?
The median Current Ratio among Restaurants companies is 0.99, based on 363 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Papa John's International's current Current Ratio of 0.84 is 15.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Restaurants industry, the median Current Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Papa John's International's current Current Ratio is 0.84, which is near median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Papa John's International stock overvalued right now?
Based on GuruFocus' analysis, Papa John's International (FRA:PP1) is currently considered Modestly Undervalued. The stock's GF Value™ is €38.50, compared to a current price of €29.80 — trading 22.6% below its estimated fair value. The current Current Ratio is 0.84, which is near median its 10-year median of 0.91 and 15.2% below the Restaurants industry median of 0.99. Papa John's International's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Papa John's International (FRA:PP1), the current Current Ratio is 0.84 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Papa John's International (FRA:PP1) Overvalued in 2026?
Based on GuruFocus' analysis, Papa John's International stock appears to be undervalued.
The current stock price of €29.80 is trading 22.6% below its estimated GF Value™ of €38.50.
GuruFocus considers Papa John's International to be Modestly Undervalued.
Key valuation signals for FRA:PP1:
Current Ratio: 0.84 (near median its 10-year median of 0.91)
GF Value™: €38.50 vs. price of €29.80 (22.6% below fair value)
Industry Position: 15.2% below the Restaurants median (#216 of 363)
No single metric tells the full story. See the FRA:PP1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Papa John's International Inc operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants. It has four defined reportable segments: Domestic Company-owned restaurants, North America franchising, North America commissaries, and International. The company derives maximum revenue from North America commissaries segment. The North America commissaries segment consists of the operations of its regional dough production and product distribution centers in the United States and Canada and derives its revenues principally from the sale and distribution of food and paper products to Domestic Company-owned and franchised restaurants in the United States and Canada.
64GF Score
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