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Chipotle Mexican Grill (FRA:C9F) Cyclically Adjusted PB Ratio : 41.26 (As of Apr. 27, 2024)


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What is Chipotle Mexican Grill Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Chipotle Mexican Grill's current share price is €3009.00. Chipotle Mexican Grill's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €72.92. Chipotle Mexican Grill's Cyclically Adjusted PB Ratio for today is 41.26.

The historical rank and industry rank for Chipotle Mexican Grill's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:C9F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.88   Med: 19.77   Max: 40.34
Current: 40.34

During the past years, Chipotle Mexican Grill's highest Cyclically Adjusted PB Ratio was 40.34. The lowest was 5.88. And the median was 19.77.

FRA:C9F's Cyclically Adjusted PB Ratio is ranked worse than
99.11% of 224 companies
in the Restaurants industry
Industry Median: 2.105 vs FRA:C9F: 40.34

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Chipotle Mexican Grill's adjusted book value per share data for the three months ended in Mar. 2024 was €111.947. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €72.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chipotle Mexican Grill Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chipotle Mexican Grill'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.

* Premium members only.

Chipotle Mexican Grill Cyclically Adjusted PB Ratio Chart

Chipotle Mexican Grill Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.26 24.88 27.35 19.52 29.44

Chipotle Mexican Grill Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 23.34 28.50 23.86 29.44 36.79

Competitive Comparison of Chipotle Mexican Grill's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Chipotle Mexican Grill'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.


Chipotle Mexican Grill's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chipotle Mexican Grill's Cyclically Adjusted PB Ratio falls into.



Chipotle Mexican Grill 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.

Chipotle Mexican Grill's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3009.00/72.92
=41.26

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Chipotle Mexican Grill's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=111.947/129.4194*129.4194
=111.947

Current CPI (Mar. 2024) = 129.4194.

Chipotle Mexican Grill Quarterly Data

Book Value per Share CPI Adj_Book
201406 41.595 100.560 53.532
201409 47.379 100.428 61.056
201412 52.600 99.070 68.714
201503 63.510 99.621 82.507
201506 64.399 100.684 82.779
201509 68.596 100.392 88.430
201512 63.873 99.792 82.836
201603 47.129 100.470 60.708
201606 45.371 101.688 57.744
201609 44.302 101.861 56.288
201612 46.143 101.863 58.626
201703 45.897 102.862 57.747
201706 45.152 103.349 56.542
201709 41.143 104.136 51.132
201712 41.139 104.011 51.189
201803 39.756 105.290 48.867
201806 42.843 106.317 52.153
201809 44.276 106.507 53.801
201812 45.743 105.998 55.850
201903 47.369 107.251 57.160
201906 49.097 108.070 58.796
201909 52.990 108.329 63.306
201912 54.575 108.420 65.145
202003 54.402 108.902 64.652
202006 54.126 108.767 64.403
202009 54.789 109.815 64.570
202012 59.303 109.897 69.838
202103 62.571 111.754 72.462
202106 64.223 114.631 72.508
202109 69.766 115.734 78.016
202112 72.407 117.630 79.664
202203 69.241 121.301 73.875
202206 73.294 125.017 75.875
202209 84.705 125.227 87.541
202212 80.914 125.222 83.626
202303 83.979 127.348 85.345
202306 92.544 128.729 93.041
202309 98.398 129.860 98.065
202312 102.386 129.419 102.386
202403 111.947 129.419 111.947

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.


Chipotle Mexican Grill  (FRA:C9F) 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.


Chipotle Mexican Grill Cyclically Adjusted PB Ratio Related Terms

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Chipotle Mexican Grill (FRA:C9F) Business Description

Traded in Other Exchanges
Address
610 Newport Center Drive, Suite 1100, Newport Beach, CA, USA, 92660
Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $8.6 billion in 2022. The Mexican concept is predominately company-owned (it recently inked a development agreement with Alshaya Group in the Middle East), with a footprint of nearly 3,200 stores at the end of 2022, heavily indexed to the United States, although the firm maintains a small presence in Canada, the U.K., France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.

Chipotle Mexican Grill (FRA:C9F) Headlines

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