FWRG (First Watch Restaurant Group) Median PS Value: $0.00 (As of Jun. 25, 2026)


FWRG First Watch Restaurant Group Inc FWRG
73 GF Score
Price $12.16
GF Value $23.92
Valuation Possible Value Trap
! 5 Warning Signs
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What is First Watch Restaurant Group Median PS Value?

First Watch Restaurant Group FWRG +0.62% 73 Median PS Value is $0.00 as of Jun. 25, 2026. GuruFocus rates FWRG with a GF Score™ of 73/100 and a GF Value™ of $23.92 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 211 Restaurants companies, First Watch Restaurant Group ranks worse than 473933.18% on this metric.

This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. First Watch Restaurant Group's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $20.377. First Watch Restaurant Group's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.

As of today (2026-06-25), First Watch Restaurant Group's share price is $12.155. First Watch Restaurant Group's Median PS Value is $0.00. Therefore, First Watch Restaurant Group's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for First Watch Restaurant Group's Median PS Value or its related term are showing as below:

FWRG's Price-to-Median-PS-Value is not ranked *
in the Restaurants industry.
Industry Median: 0.79
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

First Watch Restaurant Group  (NAS:FWRG) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

First Watch Restaurant Group's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=12.155/0.00
=

* 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.


First Watch Restaurant Group Median PS Value Related Terms


First Watch Restaurant Group Median PS Value Historical Data

* Premium members only.

The historical data trend for First Watch Restaurant Group's Median PS Value 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.

First Watch Restaurant Group Median PS Value Chart

First Watch Restaurant Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Median PS Value
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

First Watch Restaurant Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Median PS Value 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 0.00 0.00 0.00 0.00 0.00

FWRG vs BLMN, KRUS, CBRL: Median PS Value Comparison

For the Restaurants subindustry, First Watch Restaurant Group's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.


First Watch Restaurant Group Price-to-Median-PS-Value vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, First Watch Restaurant Group's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where First Watch Restaurant Group's Price-to-Median-PS-Value falls into.


FWRG
73GF Score
First Watch Restaurant Group Inc FWRG
Median PS Value is just one metric. See GF Score™, valuation, warning signs, and more.
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First Watch Restaurant Group Median PS Value Calculation

First Watch Restaurant Group's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=20.377*0
=0.00

10-Year Median PS Ratio is 0.
First Watch Restaurant Group's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $20.377.

* 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.

Frequently Asked Questions Learn more about Median PS Value →
What does a Median PS Value of $0.00 mean?
First Watch Restaurant Group (FWRG) has a Median PS Value of $0.00 as of Jun. 25, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on First Watch Restaurant Group and its competitors. According to the industry distribution chart, First Watch Restaurant Group ranks #999999 out of 211 companies in the Restaurants industry.
Is First Watch Restaurant Group's Median PS Value too high?
First Watch Restaurant Group's current Median PS Value is $0.00. Based on the distribution chart, First Watch Restaurant Group ranks #999999 out of 211 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, First Watch Restaurant Group has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does First Watch Restaurant Group's Median PS Value compare to BLMN and KRUS?
According to the Restaurants industry distribution chart, First Watch Restaurant Group ranks #999999 out of 211 companies for Median PS Value. This places First Watch Restaurant Group in the lower half of its industry. The industry median Median PS Value is 0.79. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Restaurants company?
The median Median PS Value among Restaurants companies is 0.79, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on First Watch Restaurant Group and its competitors. For the Restaurants industry, the median Median PS Value is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Watch Restaurant Group's current Median PS Value is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Watch Restaurant Group stock overvalued right now?
Based on GuruFocus' analysis, First Watch Restaurant Group (FWRG) is currently considered Possible Value Trap. The stock's GF Value™ is $23.92, compared to a current price of $12.16 — trading 49.2% below its estimated fair value. The current Median PS Value is $0.00. First Watch Restaurant Group's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For First Watch Restaurant Group (FWRG), the current Median PS Value is $0.00 as of Jun. 25, 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 First Watch Restaurant Group (FWRG) Overvalued in 2026?

Based on GuruFocus' analysis, First Watch Restaurant Group stock appears to be undervalued. The current stock price of $12.16 is trading 49.2% below its estimated GF Value™ of $23.92. GuruFocus considers First Watch Restaurant Group to be Possible Value Trap.

Key valuation signals for FWRG:

  • Median PS Value: $0.00
  • GF Value™: $23.92 vs. price of $12.16 (49.2% below fair value)
  • GF Score™: 73/100 with 5 warning signs

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


First Watch Restaurant Group Business Description

Address 8725 Pendery Place, Suite 201, Bradenton, FL, USA, 34201
First Watch Restaurant Group Inc is a daytime restaurant concept serving made-to-order breakfast, brunch, and lunch using fresh ingredients. The company generates revenues from Restaurant sales and Franchise revenues. It generates maximum revenue from Restaurant sales.
73GF Score

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

$12.16
Price
$23.92
GF Value