BJ's Restaurants (FRA:ZCG) Cyclically Adjusted Revenue per Share: €52.70 (As of Mar. 2026)

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FRA:ZCG BJ's Restaurants Inc FRA:ZCG
71 GF Score
Price €58.50
GF Value €33.83
Valuation Significantly Overvalued
! 9 Warning Signs
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What is BJ's Restaurants Cyclically Adjusted Revenue per Share?

BJ's Restaurants FRA:ZCG +3.54% 71 Cyclically Adjusted Revenue per Share is €52.70 as of Mar. 2026. GuruFocus rates FRA:ZCG with a GF Score™ of 71/100 and a GF Value™ of €33.83 (Significantly Overvalued). The stock has 9 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.

BJ's Restaurants's adjusted revenue per share for the three months ended in Mar. 2026 was €14.150. 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 €52.70 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BJ's Restaurants's average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.70% 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 BJ's Restaurants was 16.10% per year. The lowest was 6.30% per year. And the median was 13.15% per year.

As of today (2026-07-26), BJ's Restaurants's current stock price is €58.50. BJ's Restaurants's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €52.70. BJ's Restaurants's Cyclically Adjusted PS Ratio of today is 1.11.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BJ's Restaurants was 2.40. The lowest was 0.22. And the median was 0.78.


BJ's Restaurants  (FRA:ZCG) 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.

BJ's Restaurants's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=58.50/52.70
=1.11

* 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 BJ's Restaurants was 2.40. The lowest was 0.22. And the median was 0.78.


Be Aware

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


BJ's Restaurants Cyclically Adjusted Revenue per Share Related Terms


BJ's Restaurants Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for BJ's Restaurants'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.

BJ's Restaurants Cyclically Adjusted Revenue per Share Chart

BJ's Restaurants 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 39.76 47.19 48.50 53.44 51.03

BJ's Restaurants Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 53.52 49.68 50.37 51.03 52.70

FRA:ZCG vs BH, PZZA, CBRL: Cyclically Adjusted Revenue per Share Comparison

For the Restaurants subindustry, BJ's Restaurants'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.


BJ's Restaurants Cyclically Adjusted PS Ratio vs Restaurants Industry

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

* The bar in red indicates where BJ's Restaurants's Cyclically Adjusted PS Ratio falls into.


FRA:ZCG
71GF Score
BJ's Restaurants Inc FRA:ZCG
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BJ's Restaurants 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, BJ's Restaurants's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=14.15/330.2130*330.2130
=14.150

Current CPI (Mar. 2026) = 330.2130.

BJ's Restaurants Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.066 241.018 12.421
201609 8.504 241.428 11.631
201612 10.870 241.432 14.867
201703 10.803 243.801 14.632
201706 10.717 244.955 14.447
201709 9.563 246.819 12.794
201712 10.512 246.524 14.081
201803 10.724 249.554 14.190
201806 11.464 251.989 15.023
201809 10.621 252.439 13.893
201812 11.292 251.233 14.842
201903 11.989 254.202 15.574
201906 12.689 256.143 16.358
201909 12.382 256.759 15.924
201912 13.448 256.974 17.281
202003 12.063 258.115 15.432
202006 5.426 257.797 6.950
202009 7.579 260.280 9.615
202012 7.256 260.474 9.199
202103 8.182 264.877 10.200
202106 9.935 271.696 12.075
202109 10.299 274.310 12.398
202112 11.062 278.802 13.102
202203 11.437 287.504 13.136
202206 13.229 296.311 14.743
202209 13.423 296.808 14.934
202212 13.671 296.797 15.210
202303 13.323 301.836 14.576
202306 13.464 305.109 14.572
202309 12.682 307.789 13.606
202312 12.504 306.746 13.461
202403 12.950 312.332 13.691
202406 13.590 314.175 14.284
202409 12.698 315.301 13.299
202412 14.005 315.605 14.653
202503 13.824 319.799 14.274
202506 13.804 322.561 14.131
202509 12.511 324.800 12.720
202512 13.949 324.054 14.214
202603 14.150 330.213 14.150

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 €52.70 mean?
BJ's Restaurants (FRA:ZCG) has a Cyclically Adjusted Revenue per Share of €52.70 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on BJ's Restaurants and its competitors.
Is BJ's Restaurants' Cyclically Adjusted Revenue per Share too high?
BJ's Restaurants' current Cyclically Adjusted Revenue per Share is €52.70. Overall, BJ's Restaurants has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BJ's Restaurants' Cyclically Adjusted Revenue per Share compare to BH and PZZA?
BJ's Restaurants' Cyclically Adjusted Revenue per Share of €52.70 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 BJ's Restaurants and its competitors. BJ's Restaurants's current Cyclically Adjusted Revenue per Share is €52.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BJ's Restaurants stock overvalued right now?
Based on GuruFocus' analysis, BJ's Restaurants (FRA:ZCG) is currently considered Significantly Overvalued. The stock's GF Value™ is €33.83, compared to a current price of €58.50 — trading 72.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €52.70. BJ's Restaurants' overall GF Score™ is 71/100 with 9 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 BJ's Restaurants (FRA:ZCG), the current Cyclically Adjusted Revenue per Share is €52.70 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 BJ's Restaurants (FRA:ZCG) Overvalued in 2026?

Based on GuruFocus' analysis, BJ's Restaurants stock appears to be overvalued. The current stock price of €58.50 is trading 72.9% above its estimated GF Value™ of €33.83. GuruFocus considers BJ's Restaurants to be Significantly Overvalued.

Key valuation signals for FRA:ZCG:

  • Cyclically Adjusted Revenue per Share: €52.70
  • GF Value™: €33.83 vs. price of €58.50 (72.9% above fair value)
  • GF Score™: 71/100 with 9 warning signs

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


BJ's Restaurants Business Description

Other Exchanges BJRI:USA
Address 7755 Center Avenue, Suite 300, Huntington Beach, CA, USA, 92647
BJ's Restaurants Inc is involved in the business of owning and operating restaurants. The company operates in a single operating segment that is full-service company-owned restaurants. It has geographic presence only in the United States of America.
71GF Score

Get the complete analysis for FRA:ZCG

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

€58.50
Price
€33.83
GF Value