BJ's Restaurants (FRA:ZCG) E10: €0.99 (As of Mar. 2026)


FRA:ZCG BJ's Restaurants Inc FRA:ZCG
73 GF Score
Price €52.50
GF Value €34.19
! 8 Warning Signs
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What is BJ's Restaurants E10?

BJ's Restaurants FRA:ZCG +7.14% 73 E10 is €0.99 as of Mar. 2026. GuruFocus rates FRA:ZCG with a GF Score™ of 73/100 and a GF Value™ of €34.19. The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

BJ's Restaurants's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.355. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BJ's Restaurants's average E10 Growth Rate was -0.90% per year. During the past 3 years, the average E10 Growth Rate was 0.30% per year. During the past 5 years, the average E10 Growth Rate was -1.50% per year. During the past 10 years, the average E10 Growth Rate was 1.10% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of BJ's Restaurants was 39.70% per year. The lowest was -10.70% per year. And the median was 15.80% per year.

As of today (2026-06-29), BJ's Restaurants's current stock price is €52.50. BJ's Restaurants's E10 for the quarter that ended in Mar. 2026 was €0.99. BJ's Restaurants's Shiller PE Ratio of today is 53.03.

During the past 13 years, the highest Shiller PE Ratio of BJ's Restaurants was 56.49. The lowest was 5.13. And the median was 29.57.


BJ's Restaurants  (FRA:ZCG) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

BJ's Restaurants's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=52.50/0.99
=53.03

* 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 Shiller P/E Ratio of BJ's Restaurants was 56.49. The lowest was 5.13. And the median was 29.57.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


BJ's Restaurants E10 Related Terms


BJ's Restaurants E10 Historical Data

* Premium members only.

The historical data trend for BJ's Restaurants's E10 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 E10 Chart

BJ's Restaurants Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 1.08 1.06 1.07 0.98

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
E10 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 1.07 1.02 0.97 0.98 0.99

FRA:ZCG vs BH, PZZA, CBRL: E10 Comparison

For the Restaurants subindustry, BJ's Restaurants's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Restaurants Industry

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

* The bar in red indicates where BJ's Restaurants's Shiller PE Ratio falls into.


FRA:ZCG
73GF Score
BJ's Restaurants Inc FRA:ZCG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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BJ's Restaurants E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.355/330.2130*330.2130
=0.355

Current CPI (Mar. 2026) = 330.2130.

BJ's Restaurants Quarterly Data

per share eps CPI Adj_EPS
201606 0.498 241.018 0.682
201609 0.267 241.428 0.365
201612 0.521 241.432 0.713
201703 0.393 243.801 0.532
201706 0.392 244.955 0.528
201709 0.092 246.819 0.123
201712 0.946 246.524 1.267
201803 0.568 249.554 0.752
201806 0.676 251.989 0.886
201809 0.334 252.439 0.437
201812 0.431 251.233 0.566
201903 0.531 254.202 0.690
201906 0.602 256.143 0.776
201909 0.163 256.759 0.210
201912 0.675 256.974 0.867
202003 -0.199 258.115 -0.255
202006 -1.225 257.797 -1.569
202009 -0.255 260.280 -0.324
202012 -0.666 260.474 -0.844
202103 -0.118 264.877 -0.147
202106 0.216 271.696 0.263
202109 -0.077 274.310 -0.093
202112 -0.177 278.802 -0.210
202203 0.054 287.504 0.062
202206 0.009 296.311 0.010
202209 -0.071 296.808 -0.079
202212 0.160 296.797 0.178
202303 0.140 301.836 0.153
202306 0.462 305.109 0.500
202309 -0.150 307.789 -0.161
202312 0.312 306.746 0.336
202403 0.294 312.332 0.311
202406 0.669 314.175 0.703
202409 -0.117 315.301 -0.123
202412 -0.220 315.605 -0.230
202503 0.536 319.799 0.553
202506 0.841 322.561 0.861
202509 0.017 324.800 0.017
202512 0.495 324.054 0.504
202603 0.355 330.213 0.355

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €0.99 mean?
BJ's Restaurants (FRA:ZCG) has a E10 of €0.99 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BJ's Restaurants and its competitors.
Is BJ's Restaurants' E10 too high?
BJ's Restaurants' current E10 is €0.99. Overall, BJ's Restaurants has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does BJ's Restaurants' E10 compare to BH and PZZA?
BJ's Restaurants' E10 of €0.99 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 E10 for a Restaurants company?
A good E10 depends on the Restaurants industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BJ's Restaurants and its competitors. BJ's Restaurants's current E10 is €0.99. 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?
BJ's Restaurants (FRA:ZCG) has a current E10 of €0.99. The stock's GF Value™ is €34.19, compared to a current price of €52.50 — trading 53.6% above its estimated fair value. The current E10 is €0.99. BJ's Restaurants' overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For BJ's Restaurants (FRA:ZCG), the current E10 is €0.99 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 €52.50 is trading 53.6% above its estimated GF Value™ of €34.19.

Key valuation signals for FRA:ZCG:

  • E10: €0.99
  • GF Value™: €34.19 vs. price of €52.50 (53.6% above fair value)
  • GF Score™: 73/100 with 8 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.
73GF Score

Get the complete analysis for FRA:ZCG

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€52.50
Price
€34.19
GF Value