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The Cheesecake FactorySTU:CF2 +2.76%60 Cyclically Adjusted PS Ratio is 1.45 as of Sep. 15, 2026, which is 69% above its 10-year median of 0.86. GuruFocus rates STU:CF2 with a GF Score™ of 60/100 and a GF Value™ of €46.42 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 269 Restaurants companies, The Cheesecake Factory ranks worse than 75.46% on this metric.
The historical rank and industry rank for The Cheesecake Factory's Cyclically Adjusted PS Ratio or its related term are showing as below:
STU:CF2'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.86 Max: 1.89
Current: 1.43
During the past years, The Cheesecake Factory's highest Cyclically Adjusted PS Ratio was 1.89. The lowest was 0.35. And the median was 0.86.
STU:CF2's Cyclically Adjusted PS Ratio is ranked worse than 75.46% of 269
companies
in the Restaurants industry
Industry Median: 0.69
vs STU:CF2: 1.43
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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
The Cheesecake Factory's adjusted revenue per share data for the three months ended in Jun. 2026 was €18.262. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €62.82 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
The Cheesecake Factory (STU:CF2) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.
The Cheesecake Factory Cyclically Adjusted PS Ratio Related Terms
The Cheesecake Factory Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for The Cheesecake Factory's Cyclically Adjusted PS 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.
The Cheesecake Factory Cyclically Adjusted PS Ratio Chart
STU:CF2 vs JMKE, BROS, CAVA: Cyclically Adjusted PS Ratio Comparison
For the Restaurants subindustry, The Cheesecake Factory's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.
The Cheesecake Factory Cyclically Adjusted PS Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, The Cheesecake Factory's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where The Cheesecake Factory's Cyclically Adjusted PS Ratio falls into.
The Cheesecake Factory Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.
* 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.
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.
What does a Cyclically Adjusted PS Ratio of 1.45 mean?
The Cheesecake Factory (STU:CF2) has a Cyclically Adjusted PS Ratio of 1.45 as of Sep. 15, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on The Cheesecake Factory and its competitors. This is 69% above median its historical median of 0.86. Over the past decade, The Cheesecake Factory's Cyclically Adjusted PS Ratio has ranged from 0.35 to 1.89. According to the industry distribution chart, The Cheesecake Factory ranks #203 out of 269 companies in the Restaurants industry, placing it in the top 75.5%.
Is The Cheesecake Factory's Cyclically Adjusted PS Ratio too high?
The Cheesecake Factory's current Cyclically Adjusted PS Ratio of 1.45 is 69% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.89. The Restaurants industry median Cyclically Adjusted PS Ratio is 0.69. The Cheesecake Factory's value of 1.45 is 110.1% above this industry median. Based on the distribution chart, The Cheesecake Factory ranks #203 out of 269 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, The Cheesecake Factory has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Cheesecake Factory's Cyclically Adjusted PS Ratio compare to JMKE and BROS?
According to the Restaurants industry distribution chart, The Cheesecake Factory ranks #203 out of 269 companies for Cyclically Adjusted PS Ratio. This places The Cheesecake Factory in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.69. The Cheesecake Factory's value of 1.45 is 110.1% above this benchmark. Historically, The Cheesecake Factory's own Cyclically Adjusted PS Ratio has ranged from 0.35 to 1.89 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.69, The Cheesecake Factory has consistently been above 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 Cyclically Adjusted PS Ratio for a Restaurants company?
The median Cyclically Adjusted PS Ratio among Restaurants companies is 0.69, based on 269 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Cheesecake Factory's current Cyclically Adjusted PS Ratio of 1.45 is 110.1% above 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 Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on The Cheesecake Factory and its competitors. For the Restaurants industry, the median Cyclically Adjusted PS Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Cheesecake Factory's current Cyclically Adjusted PS Ratio is 1.45, which is 69% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Cheesecake Factory stock overvalued right now?
Based on GuruFocus' analysis, The Cheesecake Factory (STU:CF2) is currently considered Significantly Overvalued. The stock's GF Value™ is €46.42, compared to a current price of €90.88 — trading 95.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.45, which is 69% above median its 10-year median of 0.86 and 110.1% above the Restaurants industry median of 0.69. The Cheesecake Factory's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For The Cheesecake Factory (STU:CF2), the current Cyclically Adjusted PS Ratio is 1.45 as of Sep. 15, 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 The Cheesecake Factory (STU:CF2) Overvalued in 2026?
Based on GuruFocus' analysis, The Cheesecake Factory stock appears to be overvalued.
The current stock price of €90.88 is trading 95.8% above its estimated GF Value™ of €46.42.
GuruFocus considers The Cheesecake Factory to be Significantly Overvalued.
Key valuation signals for STU:CF2:
Cyclically Adjusted PS Ratio: 1.45 (69% above median its 10-year median of 0.86)
GF Value™: €46.42 vs. price of €90.88 (95.8% above fair value)
Industry Position: 110.1% above the Restaurants median (#203 of 269)
No single metric tells the full story. See the STU:CF2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Cheesecake Factory Inc is a restaurant company that owns and operates multiple casual dining brands across the United States and Canada under brands that include The Cheesecake Factory, North Italia, Flower Child, and additional brands within its Fox Restaurant Concepts portfolio. The company's international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The company also has a bakery division that produces cheesecakes and other baked products for sale in its restaurants, international licensees, and third-party bakery customers. The company has four operating business segments: The Cheesecake Factory restaurants, North Italia, Other FRC, and Other. The majority of the company's revenue comes from the Cheesecake Factory restaurants segment.
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