Chipotle Mexican Grill (HAM:C9F) PE Ratio (TTM): 32.05 (As of Jul. 09, 2026) — 50% Below Median


HAM:C9F Chipotle Mexican Grill Inc HAM:C9F
80 GF Score
Price €30.00
GF Value €53.85
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What is Chipotle Mexican Grill PE Ratio (TTM)?

Chipotle Mexican Grill HAM:C9F +1.01% 80 PE Ratio (TTM) is 32.05 as of Jul. 09, 2026, which is 50% below its 10-year median of 63.72. GuruFocus rates HAM:C9F with a GF Score™ of 80/100 and a GF Value™ of €53.85. Among 239 Restaurants companies, Chipotle Mexican Grill ranks worse than 70.71% on this metric.

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-09), Chipotle Mexican Grill's share price is €30.00. Chipotle Mexican Grill's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.94. Therefore, Chipotle Mexican Grill's PE Ratio (TTM) for today is 32.05.


The historical rank and industry rank for Chipotle Mexican Grill's PE Ratio (TTM) or its related term are showing as below:

HAM:C9F' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 26.92   Med: 63.72   Max: 570.15
Current: 30.67


During the past 13 years, the highest PE Ratio (TTM) of Chipotle Mexican Grill was 570.15. The lowest was 26.92. And the median was 63.72.


HAM:C9F's PE Ratio (TTM) is ranked worse than
70.71% of 239 companies
in the Restaurants industry
Industry Median: 21.81 vs HAM:C9F: 30.67

Chipotle Mexican Grill's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was €0.20. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.94.

As of today (2026-07-09), Chipotle Mexican Grill's share price is €30.00. Chipotle Mexican Grill's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was €0.95. Therefore, Chipotle Mexican Grill's PE Ratio without NRI for today is 31.45.

During the past 13 years, Chipotle Mexican Grill's highest PE Ratio without NRI was 251.54. The lowest was 26.37. And the median was 57.97.

Chipotle Mexican Grill's EPS without NRI for the three months ended in Mar. 2026 was €0.21. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was €0.95.

During the past 12 months, Chipotle Mexican Grill's average EPS without NRI Growth Rate was -3.50% per year. During the past 3 years, the average EPS without NRI Growth Rate was 21.30% per year. During the past 5 years, the average EPS without NRI Growth Rate was 37.50% per year. During the past 10 years, the average EPS without NRI Growth Rate was 30.90% per year.

During the past 13 years, Chipotle Mexican Grill's highest 3-Year average EPS without NRI Growth Rate was 106.30% per year. The lowest was -47.20% per year. And the median was 30.20% per year.

Chipotle Mexican Grill's EPS (Basic) for the three months ended in Mar. 2026 was €0.20. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.94.


Chipotle Mexican Grill  (HAM:C9F) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items 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 (TTM).


Chipotle Mexican Grill PE Ratio (TTM) Related Terms


Chipotle Mexican Grill PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for Chipotle Mexican Grill's PE Ratio (TTM) 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.

Chipotle Mexican Grill PE Ratio (TTM) Chart

Chipotle Mexican Grill Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.34 43.36 51.39 54.32 32.46

Chipotle Mexican Grill Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio (TTM) 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 44.43 50.13 34.68 32.46 29.37

HAM:C9F vs YUM, DRI, YUMC: PE Ratio (TTM) Comparison

For the Restaurants subindustry, Chipotle Mexican Grill's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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 PE Ratio (TTM) vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Chipotle Mexican Grill's PE Ratio (TTM) falls into.


HAM:C9F
80GF Score
Chipotle Mexican Grill Inc HAM:C9F
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chipotle Mexican Grill PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Chipotle Mexican Grill's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=30.00/0.936
=32.05

Chipotle Mexican Grill's Share Price of today is €30.00.
Chipotle Mexican Grill's Earnings per Share (Diluted) 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 €0.94.

* 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:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio (TTM) →
What does a PE Ratio (TTM) of 32.05 mean?
Chipotle Mexican Grill (HAM:C9F) has a PE Ratio (TTM) of 32.05 as of Jul. 09, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Chipotle Mexican Grill and its competitors. This is 50% below median its historical median of 63.72. Over the past decade, Chipotle Mexican Grill's PE Ratio (TTM) has ranged from 26.92 to 570.15. According to the industry distribution chart, Chipotle Mexican Grill ranks #169 out of 239 companies in the Restaurants industry, placing it in the top 70.7%.
Is Chipotle Mexican Grill's PE Ratio (TTM) too high?
Chipotle Mexican Grill's current PE Ratio (TTM) of 32.05 is 50% below median its 10-year median of 63.72. Over the past 10 years, this metric has ranged from a low of 26.92 to a high of 570.15. The Restaurants industry median PE Ratio (TTM) is 21.81. Chipotle Mexican Grill's value of 32.05 is 47% above this industry median. Based on the distribution chart, Chipotle Mexican Grill ranks #169 out of 239 companies in the Restaurants industry, which is below the industry midpoint. 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 PE Ratio (TTM) compare to YUM and DRI?
According to the Restaurants industry distribution chart, Chipotle Mexican Grill ranks #169 out of 239 companies for PE Ratio (TTM). This places Chipotle Mexican Grill in the lower half of its industry. The industry median PE Ratio (TTM) is 21.81. Chipotle Mexican Grill's value of 32.05 is 47% above this benchmark. Historically, Chipotle Mexican Grill's own PE Ratio (TTM) has ranged from 26.92 to 570.15 over the past decade. While the company's 10-year median is 63.72 vs. the industry median of 21.81, 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 PE Ratio (TTM) for a Restaurants company?
The median PE Ratio (TTM) among Restaurants companies is 21.81, based on 239 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chipotle Mexican Grill's current PE Ratio (TTM) of 32.05 is 47% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Chipotle Mexican Grill and its competitors. For the Restaurants industry, the median PE Ratio (TTM) is 21.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chipotle Mexican Grill's current PE Ratio (TTM) is 32.05, which is 50% below median its own 10-year median of 63.72. 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 PE Ratio (TTM) of 32.05. The stock's GF Value™ is €53.85, compared to a current price of €30.00 — trading 44.3% below its estimated fair value. The current PE Ratio (TTM) is 32.05, which is 50% below median its 10-year median of 63.72 and 47% above the Restaurants industry median of 21.81. 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 PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Chipotle Mexican Grill (HAM:C9F), the current PE Ratio (TTM) is 32.05 as of Jul. 09, 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 €30.00 is trading 44.3% below its estimated GF Value™ of €53.85.

Key valuation signals for HAM:C9F:

  • PE Ratio (TTM): 32.05 (50% below median its 10-year median of 63.72)
  • GF Value™: €53.85 vs. price of €30.00 (44.3% below fair value)
  • GF Score™: 80/100
  • Industry Position: 47% above the Restaurants median (#169 of 239)

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 Mexican Grill Business Description

Address 610 Newport Center Drive, Suite 1100, Newport Beach, CA, USA, 92660
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

Get the complete analysis for HAM:C9F

PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€30.00
Price
€53.85
GF Value