Texas Roadhouse (MIL:1TXRH) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1TXRH Texas Roadhouse Inc MIL:1TXRH
70 GF Score
Price €179.65
GF Value €150.98
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Texas Roadhouse Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Texas Roadhouse  (MIL:1TXRH) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Texas Roadhouse Cyclically Adjusted PB Ratio Related Terms


Texas Roadhouse Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Texas Roadhouse's Cyclically Adjusted PB 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.

Texas Roadhouse Cyclically Adjusted PB Ratio Chart

Texas Roadhouse Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.30 6.72 8.40 11.44 9.71

Texas Roadhouse Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 11.31 9.83 9.71 9.35 0.00

MIL:1TXRH vs DPZ, YUMC, LKNCY: Cyclically Adjusted PB Ratio 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.


MIL:1TXRH
70GF Score
Texas Roadhouse Inc MIL:1TXRH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Texas Roadhouse Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Texas Roadhouse's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=20.522/333.9520*333.9520
=20.522

Current CPI (Jun. 2026) = 333.9520.

Texas Roadhouse Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.294 241.428 12.856
201612 10.071 241.432 13.930
201703 10.146 243.801 13.898
201706 9.992 244.955 13.622
201709 9.661 246.819 13.072
201712 9.963 246.524 13.496
201803 9.928 249.554 13.286
201806 10.875 251.989 14.412
201809 11.095 252.439 14.678
201812 11.605 251.233 15.426
201903 11.995 254.202 15.758
201906 11.295 256.143 14.726
201909 11.678 256.759 15.189
201912 11.879 256.974 15.437
202003 11.703 258.115 15.141
202006 11.106 257.797 14.387
202009 11.033 260.280 14.156
202012 10.960 260.474 14.052
202103 11.967 264.877 15.088
202106 12.443 271.696 15.294
202109 12.983 274.310 15.806
202112 13.497 278.802 16.167
202203 13.526 287.504 15.711
202206 13.286 296.311 14.974
202209 14.755 296.808 16.602
202212 14.273 296.797 16.060
202303 14.710 301.836 16.275
202306 14.954 305.109 16.368
202309 15.489 307.789 16.806
202312 15.675 306.746 17.065
202403 16.614 312.332 17.764
202406 17.579 314.175 18.686
202409 17.669 315.301 18.714
202412 19.485 315.605 20.618
202503 19.225 319.799 20.076
202506 18.929 322.561 19.597
202509 18.788 324.800 19.317
202512 18.918 324.054 19.496
202603 19.934 330.213 20.160
202606 20.522 333.952 20.522

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

Is Texas Roadhouse (MIL:1TXRH) Overvalued in 2026?

Based on GuruFocus' analysis, Texas Roadhouse stock appears to be overvalued. The current stock price of €179.65 is trading 19% above its estimated GF Value™ of €150.98. GuruFocus considers Texas Roadhouse to be Modestly Overvalued.

Key valuation signals for MIL:1TXRH:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €150.98 vs. price of €179.65 (19% above fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the MIL:1TXRH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Texas Roadhouse Business Description

Other Exchanges TXRH:USAROW:Germany
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.
70GF Score

Get the complete analysis for MIL:1TXRH

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

€179.65
Price
€150.98
GF Value