The Cheesecake Factory (FRA:CF2) Cyclically Adjusted Revenue per Share: €64.25 (As of Jun. 2026)

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FRA:CF2 The Cheesecake Factory Inc FRA:CF2
64 GF Score
Price €87.02
GF Value €46.70
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is The Cheesecake Factory Cyclically Adjusted Revenue per Share?

The Cheesecake Factory FRA:CF2 +1.05% 64 Cyclically Adjusted Revenue per Share is €64.25 as of Jun. 2026. GuruFocus rates FRA:CF2 with a GF Score™ of 64/100 and a GF Value™ of €46.70 (Significantly Overvalued). The stock has 5 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 Revenue per Share and 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 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 the count will get our Cyclically Adjusted Revenue per Share, which is €64.25 for the trailing ten years ended in Jun. 2026.

During the past 12 months, The Cheesecake Factory's average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of The Cheesecake Factory was 21.10% per year. The lowest was 6.70% per year. And the median was 10.40% per year.

As of today (2026-09-15), The Cheesecake Factory's current stock price is €87.02. The Cheesecake Factory's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €64.25. The Cheesecake Factory's Cyclically Adjusted PS Ratio of today is 1.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of The Cheesecake Factory was 1.89. The lowest was 0.35. And the median was 0.86.


The Cheesecake Factory  (FRA:CF2) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=87.02/64.254
=1.35

* 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 PS Ratio of The Cheesecake Factory was 1.89. The lowest was 0.35. And the median was 0.86.


Be Aware

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


The Cheesecake Factory Cyclically Adjusted Revenue per Share Related Terms


The Cheesecake Factory Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for The Cheesecake Factory's Cyclically Adjusted Revenue 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.

The Cheesecake Factory Cyclically Adjusted Revenue per Share Chart

The Cheesecake Factory Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.07 48.79 53.49 57.91 61.18

The Cheesecake Factory Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue 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 60.59 61.33 61.59 63.10 64.25

FRA:CF2 vs JMKE, BROS, CAVA: Cyclically Adjusted Revenue per Share 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.


FRA:CF2
64GF Score
The Cheesecake Factory Inc FRA:CF2
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Cheesecake Factory Cyclically Adjusted Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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, The Cheesecake Factory's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=18.262/333.9520*333.9520
=18.262

Current CPI (Jun. 2026) = 333.9520.

The Cheesecake Factory Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 10.197 241.428 14.105
201612 11.463 241.432 15.856
201703 10.742 243.801 14.714
201706 10.558 244.955 14.394
201709 9.958 246.819 13.473
201712 10.393 246.524 14.079
201803 10.215 249.554 13.670
201806 10.618 251.989 14.072
201809 10.665 252.439 14.109
201812 11.229 251.233 14.926
201903 11.737 254.202 15.419
201906 11.975 256.143 15.613
201909 11.939 256.759 15.528
201912 14.167 256.974 18.411
202003 12.755 258.115 16.503
202006 6.123 257.797 7.932
202009 10.096 260.280 12.954
202012 10.589 260.474 13.576
202103 11.788 264.877 14.862
202106 13.646 271.696 16.773
202109 12.522 274.310 15.245
202112 13.310 278.802 15.943
202203 13.869 287.504 16.110
202206 15.341 296.311 17.290
202209 15.675 296.808 17.637
202212 17.891 296.797 20.131
202303 16.217 301.836 17.943
202306 16.214 305.109 17.747
202309 15.579 307.789 16.903
202312 16.781 306.746 18.269
202403 16.874 312.332 18.042
202406 17.216 314.175 18.300
202409 16.096 315.301 17.048
202412 17.391 315.605 18.402
202503 17.876 319.799 18.667
202506 17.531 322.561 18.150
202509 15.968 324.800 16.418
202512 17.088 324.054 17.610
202603 17.267 330.213 17.463
202606 18.262 333.952 18.262

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €64.25 mean?
The Cheesecake Factory (FRA:CF2) has a Cyclically Adjusted Revenue per Share of €64.25 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on The Cheesecake Factory and its competitors.
Is The Cheesecake Factory's Cyclically Adjusted Revenue per Share too high?
The Cheesecake Factory's current Cyclically Adjusted Revenue per Share is €64.25. Overall, The Cheesecake Factory has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Cheesecake Factory's Cyclically Adjusted Revenue per Share compare to JMKE and BROS?
The Cheesecake Factory's Cyclically Adjusted Revenue per Share of €64.25 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 Revenue per Share for a Restaurants company?
A good Cyclically Adjusted Revenue per Share depends on the Restaurants industry context. However, Cyclically Adjusted Revenue 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 Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on The Cheesecake Factory and its competitors. The Cheesecake Factory's current Cyclically Adjusted Revenue per Share is €64.25. 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 (FRA:CF2) is currently considered Significantly Overvalued. The stock's GF Value™ is €46.70, compared to a current price of €87.02 — trading 86.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €64.25. The Cheesecake Factory's overall GF Score™ is 64/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For The Cheesecake Factory (FRA:CF2), the current Cyclically Adjusted Revenue per Share is €64.25 as of Jun. 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 (FRA:CF2) Overvalued in 2026?

Based on GuruFocus' analysis, The Cheesecake Factory stock appears to be overvalued. The current stock price of €87.02 is trading 86.3% above its estimated GF Value™ of €46.70. GuruFocus considers The Cheesecake Factory to be Significantly Overvalued.

Key valuation signals for FRA:CF2:

  • Cyclically Adjusted Revenue per Share: €64.25
  • GF Value™: €46.70 vs. price of €87.02 (86.3% above fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the FRA:CF2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Cheesecake Factory Business Description

Address 26901 Malibu Hills Road, Calabasas Hills, CA, USA, 91301
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.
64GF Score

Get the complete analysis for FRA:CF2

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

€87.02
Price
€46.70
GF Value