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Chipotle Mexican GrillXSWX:CMG +11.65%84 Cyclically Adjusted PS Ratio is 6.00 as of Jul. 31, 2026, which is 17% below its 10-year median of 7.19. GuruFocus rates XSWX:CMG with a GF Score™ of 84/100 and a GF Value™ of CHF47.58. The stock has 1 warning sign investors should review. Among 257 Restaurants companies, Chipotle Mexican Grill ranks worse than 95.33% on this metric.
The historical rank and industry rank for Chipotle Mexican Grill's Cyclically Adjusted PS Ratio or its related term are showing as below:
XSWX:CMG'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.5 Med: 7.19 Max: 13.11
Current: 5.87
During the past years, Chipotle Mexican Grill's highest Cyclically Adjusted PS Ratio was 13.11. The lowest was 2.50. And the median was 7.19.
XSWX:CMG's Cyclically Adjusted PS Ratio is ranked worse than 95.33% of 257
companies
in the Restaurants industry
Industry Median: 0.68
vs XSWX:CMG: 5.87
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.
Chipotle Mexican Grill's adjusted revenue per share data for the three months ended in Jun. 2026 was CHF2.093. 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 CHF5.20 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Chipotle Mexican Grill (XSWX:CMG) 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.
Chipotle Mexican Grill Cyclically Adjusted PS Ratio Related Terms
Chipotle Mexican Grill Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Chipotle Mexican Grill'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.
Chipotle Mexican Grill Cyclically Adjusted PS Ratio Chart
XSWX:CMG vs YUM, DRI, YUMC: Cyclically Adjusted PS Ratio Comparison
For the Restaurants subindustry, Chipotle Mexican Grill'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.
Chipotle Mexican Grill Cyclically Adjusted PS Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Chipotle Mexican Grill's Cyclically Adjusted PS Ratio falls into.
Chipotle Mexican Grill 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 6.00 mean?
Chipotle Mexican Grill (XSWX:CMG) has a Cyclically Adjusted PS Ratio of 6.00 as of Jul. 31, 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 Chipotle Mexican Grill and its competitors. This is 17% below median its historical median of 7.19. Over the past decade, Chipotle Mexican Grill's Cyclically Adjusted PS Ratio has ranged from 2.50 to 13.11. According to the industry distribution chart, Chipotle Mexican Grill ranks #245 out of 257 companies in the Restaurants industry, placing it in the top 95.3%.
Is Chipotle Mexican Grill's Cyclically Adjusted PS Ratio too high?
Chipotle Mexican Grill's current Cyclically Adjusted PS Ratio of 6.00 is 17% below median its 10-year median of 7.19. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 13.11. The Restaurants industry median Cyclically Adjusted PS Ratio is 0.68. Chipotle Mexican Grill's value of 6.00 is 782.4% above this industry median. Based on the distribution chart, Chipotle Mexican Grill ranks #245 out of 257 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Chipotle Mexican Grill has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Chipotle Mexican Grill's Cyclically Adjusted PS Ratio compare to YUM and DRI?
According to the Restaurants industry distribution chart, Chipotle Mexican Grill ranks #245 out of 257 companies for Cyclically Adjusted PS Ratio. This places Chipotle Mexican Grill in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.68. Chipotle Mexican Grill's value of 6.00 is 782.4% above this benchmark. Historically, Chipotle Mexican Grill's own Cyclically Adjusted PS Ratio has ranged from 2.50 to 13.11 over the past decade. While the company's 10-year median is 7.19 vs. the industry median of 0.68, Chipotle Mexican Grill 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 0.68, based on 257 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. Chipotle Mexican Grill's current Cyclically Adjusted PS Ratio of 6.00 is 782.4% 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 Chipotle Mexican Grill and its competitors. For the Restaurants industry, the median Cyclically Adjusted PS Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chipotle Mexican Grill's current Cyclically Adjusted PS Ratio is 6.00, which is 17% below median its own 10-year median of 7.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chipotle Mexican Grill stock overvalued right now?
Chipotle Mexican Grill (XSWX:CMG) has a current Cyclically Adjusted PS Ratio of 6.00. The stock's GF Value™ is CHF47.58, compared to a current price of CHF31.19 — trading 34.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.00, which is 17% below median its 10-year median of 7.19 and 782.4% above the Restaurants industry median of 0.68. Chipotle Mexican Grill's overall GF Score™ is 84/100 with 1 warning sign 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 Chipotle Mexican Grill (XSWX:CMG), the current Cyclically Adjusted PS Ratio is 6.00 as of Jul. 31, 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 Chipotle Mexican Grill (XSWX:CMG) Overvalued in 2026?
Based on GuruFocus' analysis, Chipotle Mexican Grill stock appears to be undervalued.
The current stock price of CHF31.19 is trading 34.5% below its estimated GF Value™ of CHF47.58.
Key valuation signals for XSWX:CMG:
Cyclically Adjusted PS Ratio: 6.00 (17% below median its 10-year median of 7.19)
GF Value™: CHF47.58 vs. price of CHF31.19 (34.5% below fair value)
Industry Position: 782.4% above the Restaurants median (#245 of 257)
No single metric tells the full story. See the XSWX:CMG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chipotle is a leading fast-casual, Mexican-inspired restaurant chain, generating $11.9 billion in sales across 3,983 company-operated US locations, 104 international units primarily in Canada and Europe, and 14 licensed stores largely operated in the Middle East at the end of 2025. The firm's revenue is primarily driven by food and beverage sales at its company-owned restaurants, supplemented by delivery fees generated through its first-party digital channels. Chipotle emphasizes ingredients with no artificial flavors and utilizes an efficient, assembly line service model to serve mainly customizable burritos, bowls, salads, quesadillas, and tacos.
84GF Score
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