The historical rank and industry rank for Chipotle Mexican Grill's PB Ratio or its related term are showing as below:
HAM:C9F'
s PB Ratio Range Over the Past 10 Years
Min: 5.25 Med: 17.44 Max: 26.73
Current: 17.82
During the past 13 years, Chipotle Mexican Grill's highest PB Ratio was 26.73. The lowest was 5.25. And the median was 17.44.
HAM:C9F's PB Ratio is ranked worse than 96.64% of 327
companies
in the Restaurants industry
Industry Median: 2.3
vs HAM:C9F: 17.82
During the past 12 months, Chipotle Mexican Grill's average Book Value Per Share Growth Rate was -27.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Chipotle Mexican Grill was 35.10% per year. The lowest was -9.20% per year. And the median was 17.15% per year.
Back to Basics: PB Ratio
Chipotle Mexican Grill (HAM:C9F) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* 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.
For the Restaurants subindustry, Chipotle Mexican Grill's PB Ratio, along with its competitors' market caps and 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 PB Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's PB Ratio distribution charts can be found below:
* The bar in red indicates where Chipotle Mexican Grill's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Chipotle Mexican Grill (HAM:C9F) has a PB Ratio of 17.34 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Chipotle Mexican Grill and its competitors. This is near median its historical median of 17.44. Over the past decade, Chipotle Mexican Grill's PB Ratio has ranged from 5.25 to 26.73. According to the industry distribution chart, Chipotle Mexican Grill ranks #316 out of 327 companies in the Restaurants industry, placing it in the top 96.6%.
Is Chipotle Mexican Grill's PB Ratio too high?
Chipotle Mexican Grill's current PB Ratio of 17.34 is near median its 10-year median of 17.44. Over the past 10 years, this metric has ranged from a low of 5.25 to a high of 26.73. The Restaurants industry median PB Ratio is 2.30. Chipotle Mexican Grill's value of 17.34 is 653.9% above this industry median. Based on the distribution chart, Chipotle Mexican Grill ranks #316 out of 327 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Chipotle Mexican Grill has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Chipotle Mexican Grill's PB Ratio compare to YUM and DRI?
According to the Restaurants industry distribution chart, Chipotle Mexican Grill ranks #316 out of 327 companies for PB Ratio. This places Chipotle Mexican Grill in the lower half of its industry. The industry median PB Ratio is 2.30. Chipotle Mexican Grill's value of 17.34 is 653.9% above this benchmark. Historically, Chipotle Mexican Grill's own PB Ratio has ranged from 5.25 to 26.73 over the past decade. While the company's 10-year median is 17.44 vs. the industry median of 2.30, Chipotle Mexican Grill has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Restaurants company?
The median PB Ratio among Restaurants companies is 2.30, based on 327 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chipotle Mexican Grill's current PB Ratio of 17.34 is 653.9% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Chipotle Mexican Grill and its competitors. For the Restaurants industry, the median PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chipotle Mexican Grill's current PB Ratio is 17.34, which is near median its own 10-year median of 17.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chipotle Mexican Grill stock overvalued right now?
Chipotle Mexican Grill (HAM:C9F) has a current PB Ratio of 17.34. The stock's GF Value™ is €50.27, compared to a current price of €28.05 — trading 44.2% below its estimated fair value. The current PB Ratio is 17.34, which is near median its 10-year median of 17.44 and 653.9% above the Restaurants industry median of 2.30. Chipotle Mexican Grill's overall GF Score™ is 80/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Chipotle Mexican Grill (HAM:C9F), the current PB Ratio is 17.34 as of Jun. 27, 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 Chipotle Mexican Grill (HAM:C9F) Overvalued in 2026?
Based on GuruFocus' analysis, Chipotle Mexican Grill stock appears to be undervalued.
The current stock price of €28.05 is trading 44.2% below its estimated GF Value™ of €50.27.
Key valuation signals for HAM:C9F:
PB Ratio: 17.34 (near median its 10-year median of 17.44)
GF Value™: €50.27 vs. price of €28.05 (44.2% below fair value)
Industry Position: 653.9% above the Restaurants median (#316 of 327)
No single metric tells the full story. See the HAM:C9F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chipotle is a leading fast-casual, Mexican-inspired restaurant chain, generating $11.9 billion in sales across 3,983 company-operated US locations, 104 international units primarily in Canada and Europe, and 14 licensed stores largely operated in the Middle East at the end of 2025. The firm's revenue is primarily driven by food and beverage sales at its company-owned restaurants, supplemented by delivery fees generated through its first-party digital channels. Chipotle emphasizes ingredients with no artificial flavors and utilizes an efficient, assembly line service model to serve mainly customizable burritos, bowls, salads, quesadillas, and tacos.
80GF Score
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