Chipotle Mexican GrillCMG +1.79%80 PS Ratio is 3.45 as of Jun. 24, 2026, which is 29% below its 10-year median of 4.89. GuruFocus rates CMG with a GF Score™ of 80/100 and a GF Value™ of $59.72 (Significantly Undervalued). Among 361 Restaurants companies, Chipotle Mexican Grill ranks worse than 91.14% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Chipotle Mexican Grill's share price is $31.505.
Chipotle Mexican Grill's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $9.14. Hence, Chipotle Mexican Grill's PS Ratio for today is 3.45.
Good Sign:
Chipotle Mexican Grill Inc stock PS Ratio (=3.39) is close to 5-year low of 3.21.
The historical rank and industry rank for Chipotle Mexican Grill's PS Ratio or its related term are showing as below:
CMG'
s PS Ratio Range Over the Past 10 Years
Min: 1.63 Med: 4.89 Max: 8.87
Current: 3.46
During the past 13 years, Chipotle Mexican Grill's highest PS Ratio was 8.87. The lowest was 1.63. And the median was 4.89.
CMG's PS Ratio is ranked worse than 91.14% of 361
companies
in the Restaurants industry
Industry Median: 0.86
vs CMG: 3.46
Chipotle Mexican Grill Inc has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Chipotle Mexican Grill was 9.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 13.00% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 16.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 13.70% per year.
During the past 13 years, Chipotle Mexican Grill's highest 3-Year average Revenue per Share Growth Rate was 32.40% per year. The lowest was 6.30% per year. And the median was 19.15% per year.
Back to Basics: PS Ratio
Chipotle Mexican Grill (NYSE:CMG) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
* 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 PS Ratio, along with its competitors' market caps and PS 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 PS Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's PS Ratio distribution charts can be found below:
* The bar in red indicates where Chipotle Mexican Grill's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Chipotle Mexican Grill's Share Price of today is $31.505. Chipotle Mexican Grill'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 $9.14.
* 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:
Chipotle Mexican Grill (CMG) has a PS Ratio of 3.45 as of Jun. 24, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Chipotle Mexican Grill and its competitors. This is 29% below median its historical median of 4.89. Over the past decade, Chipotle Mexican Grill's PS Ratio has ranged from 1.63 to 8.87. According to the industry distribution chart, Chipotle Mexican Grill ranks #329 out of 361 companies in the Restaurants industry, placing it in the top 91.1%.
Is Chipotle Mexican Grill's PS Ratio too high?
Chipotle Mexican Grill's current PS Ratio of 3.45 is 29% below median its 10-year median of 4.89. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 8.87. The Restaurants industry median PS Ratio is 0.86. Chipotle Mexican Grill's value of 3.45 is 301.2% above this industry median. Based on the distribution chart, Chipotle Mexican Grill ranks #329 out of 361 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 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chipotle Mexican Grill's PS Ratio compare to YUM and DRI?
According to the Restaurants industry distribution chart, Chipotle Mexican Grill ranks #329 out of 361 companies for PS Ratio. This places Chipotle Mexican Grill in the lower half of its industry. The industry median PS Ratio is 0.86. Chipotle Mexican Grill's value of 3.45 is 301.2% above this benchmark. Historically, Chipotle Mexican Grill's own PS Ratio has ranged from 1.63 to 8.87 over the past decade. While the company's 10-year median is 4.89 vs. the industry median of 0.86, 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 PS Ratio for a Restaurants company?
The median PS Ratio among Restaurants companies is 0.86, based on 361 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chipotle Mexican Grill's current PS Ratio of 3.45 is 301.2% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Chipotle Mexican Grill and its competitors. For the Restaurants industry, the median PS Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chipotle Mexican Grill's current PS Ratio is 3.45, which is 29% below median its own 10-year median of 4.89. 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?
Based on GuruFocus' analysis, Chipotle Mexican Grill (CMG) is currently considered Significantly Undervalued. The stock's GF Value™ is $59.72, compared to a current price of $31.51 — trading 47.2% below its estimated fair value. The current PS Ratio is 3.45, which is 29% below median its 10-year median of 4.89 and 301.2% above the Restaurants industry median of 0.86. 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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Chipotle Mexican Grill (CMG), the current PS Ratio is 3.45 as of Jun. 24, 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 (CMG) Overvalued in 2026?
Based on GuruFocus' analysis, Chipotle Mexican Grill stock appears to be undervalued.
The current stock price of $31.51 is trading 47.2% below its estimated GF Value™ of $59.72.
GuruFocus considers Chipotle Mexican Grill to be Significantly Undervalued.
Key valuation signals for CMG:
PS Ratio: 3.45 (29% below median its 10-year median of 4.89)
GF Value™: $59.72 vs. price of $31.51 (47.2% below fair value)
Industry Position: 301.2% above the Restaurants median (#329 of 361)
No single metric tells the full story. See the CMG 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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