Texas Roadhouse (FRA:ROW) Cyclically Adjusted Book per Share: €15.16 (As of Mar. 2026)


FRA:ROW Texas Roadhouse Inc FRA:ROW
87 GF Score
Price €170.50
GF Value €172.36
! 3 Warning Signs
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What is Texas Roadhouse Cyclically Adjusted Book per Share?

Texas Roadhouse FRA:ROW +1.97% 87 Cyclically Adjusted Book per Share is €15.16 as of Mar. 2026. GuruFocus rates FRA:ROW with a GF Score™ of 87/100 and a GF Value™ of €172.36. The stock has 3 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Texas Roadhouse's adjusted book value per share for the three months ended in Mar. 2026 was €19.934. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €15.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Texas Roadhouse's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Texas Roadhouse was 11.60% per year. The lowest was 8.10% per year. And the median was 9.80% per year.

As of today (2026-07-05), Texas Roadhouse's current stock price is €170.50. Texas Roadhouse's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €15.16. Texas Roadhouse's Cyclically Adjusted PB Ratio of today is 11.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Texas Roadhouse was 13.22. The lowest was 3.39. And the median was 7.19.


Texas Roadhouse  (FRA:ROW) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Texas Roadhouse's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=170.50/15.16
=11.25

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Texas Roadhouse was 13.22. The lowest was 3.39. And the median was 7.19.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Texas Roadhouse Cyclically Adjusted Book per Share Related Terms


Texas Roadhouse Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Texas Roadhouse's Cyclically Adjusted Book per Share 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.

Texas Roadhouse Cyclically Adjusted Book per Share Chart

Texas Roadhouse Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.99 12.87 13.13 15.12 14.62

Texas Roadhouse Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial 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 15.16 14.15 14.38 14.62 15.16

FRA:ROW vs YUMC, DPZ, BROS: Cyclically Adjusted Book per Share Comparison

For the Restaurants subindustry, Texas Roadhouse's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Texas Roadhouse Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Texas Roadhouse's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Texas Roadhouse's Cyclically Adjusted PB Ratio falls into.


FRA:ROW
87GF Score
Texas Roadhouse Inc FRA:ROW
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Texas Roadhouse Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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.

For example, Texas Roadhouse's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=19.934/330.2130*330.2130
=19.934

Current CPI (Mar. 2026) = 330.2130.

Texas Roadhouse Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.066 241.018 12.421
201609 9.294 241.428 12.712
201612 10.071 241.432 13.774
201703 10.146 243.801 13.742
201706 9.992 244.955 13.470
201709 9.661 246.819 12.925
201712 9.963 246.524 13.345
201803 9.928 249.554 13.137
201806 10.875 251.989 14.251
201809 11.095 252.439 14.513
201812 11.605 251.233 15.253
201903 11.995 254.202 15.582
201906 11.295 256.143 14.561
201909 11.678 256.759 15.019
201912 11.879 256.974 15.265
202003 11.703 258.115 14.972
202006 11.106 257.797 14.226
202009 11.033 260.280 13.997
202012 10.960 260.474 13.894
202103 11.967 264.877 14.919
202106 12.443 271.696 15.123
202109 12.983 274.310 15.629
202112 13.497 278.802 15.986
202203 13.526 287.504 15.535
202206 13.286 296.311 14.806
202209 14.755 296.808 16.416
202212 14.273 296.797 15.880
202303 14.710 301.836 16.093
202306 14.954 305.109 16.184
202309 15.489 307.789 16.617
202312 15.675 306.746 16.874
202403 16.614 312.332 17.565
202406 17.579 314.175 18.476
202409 17.669 315.301 18.505
202412 19.485 315.605 20.387
202503 19.225 319.799 19.851
202506 18.929 322.561 19.378
202509 18.788 324.800 19.101
202512 18.918 324.054 19.278
202603 19.934 330.213 19.934

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €15.16 mean?
Texas Roadhouse (FRA:ROW) has a Cyclically Adjusted Book per Share of €15.16 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Texas Roadhouse and its competitors.
Is Texas Roadhouse's Cyclically Adjusted Book per Share too high?
Texas Roadhouse's current Cyclically Adjusted Book per Share is €15.16. Overall, Texas Roadhouse has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Texas Roadhouse's Cyclically Adjusted Book per Share compare to YUMC and DPZ?
Texas Roadhouse's Cyclically Adjusted Book per Share of €15.16 can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Restaurants company?
A good Cyclically Adjusted Book per Share depends on the Restaurants industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Texas Roadhouse and its competitors. Texas Roadhouse's current Cyclically Adjusted Book per Share is €15.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texas Roadhouse stock overvalued right now?
Texas Roadhouse (FRA:ROW) has a current Cyclically Adjusted Book per Share of €15.16. The stock's GF Value™ is €172.36, compared to a current price of €170.50 — trading 1.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is €15.16. Texas Roadhouse's overall GF Score™ is 87/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Texas Roadhouse (FRA:ROW), the current Cyclically Adjusted Book per Share is €15.16 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 Texas Roadhouse (FRA:ROW) Overvalued in 2026?

Based on GuruFocus' analysis, Texas Roadhouse stock appears to be undervalued. The current stock price of €170.50 is trading 1.1% below its estimated GF Value™ of €172.36.

Key valuation signals for FRA:ROW:

  • Cyclically Adjusted Book per Share: €15.16
  • GF Value™: €172.36 vs. price of €170.50 (1.1% below fair value)
  • GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the FRA:ROW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Texas Roadhouse Business Description

Address 6040 Dutchmans Lane, Louisville, KY, USA, 40205
Texas Roadhouse Inc is a restaurant company operating predominantly in the casual dining segment. The company manages its restaurant and franchising operations by concept and, as a result, has identified Texas Roadhouse, Bubba's 33, Jaggers, and retail initiatives as separate operating segments. In addition, it has identified Texas Roadhouse and Bubba's 33 as reportable segments. Maximum revenue for the company is generated from the Texas Roadhouse segment, which is a moderately priced, full-service, casual dining restaurant concept offering steaks, a selection of ribs, seafood, chicken, pork chops, pulled pork, vegetable plates, and an assortment of hamburgers, salads, and sandwiches. Geographically, the majority of the firm's restaurants are in the USA, with a few in foreign countries.
87GF Score

Get the complete analysis for FRA:ROW

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€170.50
Price
€172.36
GF Value