The Cheesecake Factory (FRA:CF2) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
The Cheesecake Factory Forward PE Ratio Related Terms
The Cheesecake Factory Forward PE Ratio Historical Data
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The historical data trend for The Cheesecake Factory's Forward PE 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.
The Cheesecake Factory Forward PE Ratio Chart
The Cheesecake Factory Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
17.61
19.31
18.15
15.04
13.79
25.06
11.85
10.48
11.03
13.36
12.62
The Cheesecake Factory Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
17.61
18.08
19.19
16.86
19.31
20.96
17.83
14.49
18.15
17.01
20.37
19.27
15.04
18.15
16.56
14.60
13.79
6.96
23.04
25.06
52.91
32.79
14.90
11.85
12.41
9.44
9.64
10.48
12.79
12.80
9.10
11.03
11.35
12.50
11.59
13.36
13.22
15.88
12.75
12.62
13.91
FRA:CF2 vs WING, SHAK, ARCO: Forward PE Ratio Comparison
For the Restaurants subindustry, The Cheesecake Factory's Forward PE Ratio, along with its competitors' market caps and Forward 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.
The Cheesecake Factory Forward PE Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, The Cheesecake Factory's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where The Cheesecake Factory's Forward PE Ratio falls into.
The Cheesecake Factory Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
The Cheesecake Factory (FRA:CF2) has a Forward PE Ratio of 18.88 as of Jul. 12, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on The Cheesecake Factory and its competitors. According to the industry distribution chart, The Cheesecake Factory ranks #93 out of 158 companies in the Restaurants industry, placing it in the top 58.9%.
Is The Cheesecake Factory's Forward PE Ratio too high?
The Cheesecake Factory's current Forward PE Ratio is 18.88. The Restaurants industry median Forward PE Ratio is 18.58. The Cheesecake Factory's value of 18.88 is 1.6% above this industry median. Based on the distribution chart, The Cheesecake Factory ranks #93 out of 158 companies in the Restaurants industry, which is below the industry midpoint. Overall, The Cheesecake Factory has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Cheesecake Factory's Forward PE Ratio compare to WING and SHAK?
According to the Restaurants industry distribution chart, The Cheesecake Factory ranks #93 out of 158 companies for Forward PE Ratio. This places The Cheesecake Factory in the lower half of its industry. The industry median Forward PE Ratio is 18.58. The Cheesecake Factory's value of 18.88 is 1.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Restaurants company?
The median Forward PE Ratio among Restaurants companies is 18.58, based on 158 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Cheesecake Factory's current Forward PE Ratio of 18.88 is 1.6% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on The Cheesecake Factory and its competitors. For the Restaurants industry, the median Forward PE Ratio is 18.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Cheesecake Factory's current Forward PE Ratio is 18.88. 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 €40.08, compared to a current price of €67.42 — trading 68.2% above its estimated fair value. The current Forward PE Ratio is 18.88 and 1.6% above the Restaurants industry median of 18.58. The Cheesecake Factory's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For The Cheesecake Factory (FRA:CF2), the current Forward PE Ratio is 18.88 as of Jul. 12, 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 €67.42 is trading 68.2% above its estimated GF Value™ of €40.08.
GuruFocus considers The Cheesecake Factory to be Significantly Overvalued.
Key valuation signals for FRA:CF2:
Forward PE Ratio: 18.88
GF Value™: €40.08 vs. price of €67.42 (68.2% above fair value)
Industry Position: 1.6% above the Restaurants median (#93 of 158)
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 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.
73GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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