The Cheesecake Factory (FRA:CF2) Shiller PE Ratio: 57.89 (As of Sep. 06, 2026) — 147% Above Median

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FRA:CF2 The Cheesecake Factory Inc FRA:CF2
64 GF Score
Price €90.88
GF Value €45.46
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is The Cheesecake Factory Shiller PE Ratio?

The Cheesecake Factory FRA:CF2 -1.47% 64 Shiller PE Ratio is 57.89 as of Sep. 06, 2026, which is 147% above its 10-year median of 23.47. GuruFocus rates FRA:CF2 with a GF Score™ of 64/100 and a GF Value™ of €45.46 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 156 Restaurants companies, The Cheesecake Factory ranks worse than 80.13% on this metric.

As of today (2026-09-06), The Cheesecake Factory's current share price is €90.88. The Cheesecake Factory's E10 for the quarter that ended in Jun. 2026 was €1.57. The Cheesecake Factory's Shiller PE Ratio for today is 57.89.

The historical rank and industry rank for The Cheesecake Factory's Shiller PE Ratio or its related term are showing as below:

FRA:CF2' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.63   Med: 23.47   Max: 62.3
Current: 59.16

During the past years, The Cheesecake Factory's highest Shiller PE Ratio was 62.30. The lowest was 6.63. And the median was 23.47.

FRA:CF2's Shiller PE Ratio is ranked worse than
80.13% of 156 companies
in the Restaurants industry
Industry Median: 25.37 vs FRA:CF2: 59.16

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

The Cheesecake Factory's adjusted earnings per share data for the three months ended in Jun. 2026 was €1.224. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.57 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Cheesecake Factory  (FRA:CF2) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


The Cheesecake Factory Shiller PE Ratio Related Terms


The Cheesecake Factory Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for The Cheesecake Factory's Shiller 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 Shiller PE Ratio Chart

The Cheesecake Factory Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.87 19.80 22.09 28.10 29.24

The Cheesecake Factory Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio 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 36.07 31.33 29.24 30.99 43.71

FRA:CF2 vs JMKE, BROS, CAVA: Shiller PE Ratio Comparison

For the Restaurants subindustry, The Cheesecake Factory's Shiller PE Ratio, along with its competitors' market caps and Shiller 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 Shiller PE Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, The Cheesecake Factory's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where The Cheesecake Factory's Shiller PE Ratio falls into.


FRA:CF2
64GF Score
The Cheesecake Factory Inc FRA:CF2
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Cheesecake Factory Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

The Cheesecake Factory's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=90.88/1.57
=57.89

* 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's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, The Cheesecake Factory's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.224/333.9520*333.9520
=1.224

Current CPI (Jun. 2026) = 333.9520.

The Cheesecake Factory Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.624 241.428 0.863
201612 0.626 241.432 0.866
201703 0.664 243.801 0.910
201706 0.694 244.955 0.946
201709 0.470 246.819 0.636
201712 1.048 246.524 1.420
201803 0.454 249.554 0.608
201806 0.522 251.989 0.692
201809 0.523 252.439 0.692
201812 0.308 251.233 0.409
201903 0.531 254.202 0.698
201906 0.699 256.143 0.911
201909 0.327 256.759 0.425
201912 0.990 256.974 1.287
202003 -2.815 258.115 -3.642
202006 -1.430 257.797 -1.852
202009 -0.645 260.280 -0.828
202012 -0.699 260.474 -0.896
202103 -0.025 264.877 -0.032
202106 0.307 271.696 0.377
202109 0.544 274.310 0.662
202112 0.035 278.802 0.042
202203 0.409 287.504 0.475
202206 0.473 296.311 0.533
202209 -0.051 296.808 -0.057
202212 -0.066 296.797 -0.074
202303 0.523 301.836 0.579
202306 0.803 305.109 0.879
202309 0.347 307.789 0.376
202312 0.238 306.746 0.259
202403 0.626 312.332 0.669
202406 1.003 314.175 1.066
202409 0.550 315.301 0.583
202412 0.793 315.605 0.839
202503 0.620 319.799 0.647
202506 0.988 322.561 1.023
202509 0.562 324.800 0.578
202512 0.512 324.054 0.528
202603 0.882 330.213 0.892
202606 1.224 333.952 1.224

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 57.89 mean?
The Cheesecake Factory (FRA:CF2) has a Shiller PE Ratio of 57.89 as of Sep. 06, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on The Cheesecake Factory and its competitors. This is 147% above median its historical median of 23.47. Over the past decade, The Cheesecake Factory's Shiller PE Ratio has ranged from 6.63 to 62.30. According to the industry distribution chart, The Cheesecake Factory ranks #125 out of 156 companies in the Restaurants industry, placing it in the top 80.1%.
Is The Cheesecake Factory's Shiller PE Ratio too high?
The Cheesecake Factory's current Shiller PE Ratio of 57.89 is 147% above median its 10-year median of 23.47. Over the past 10 years, this metric has ranged from a low of 6.63 to a high of 62.30. The Restaurants industry median Shiller PE Ratio is 25.37. The Cheesecake Factory's value of 57.89 is 128.2% above this industry median. Based on the distribution chart, The Cheesecake Factory ranks #125 out of 156 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, The Cheesecake Factory has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Cheesecake Factory's Shiller PE Ratio compare to JMKE and BROS?
According to the Restaurants industry distribution chart, The Cheesecake Factory ranks #125 out of 156 companies for Shiller PE Ratio. This places The Cheesecake Factory in the lower half of its industry. The industry median Shiller PE Ratio is 25.37. The Cheesecake Factory's value of 57.89 is 128.2% above this benchmark. Historically, The Cheesecake Factory's own Shiller PE Ratio has ranged from 6.63 to 62.30 over the past decade. While the company's 10-year median is 23.47 vs. the industry median of 25.37, The Cheesecake Factory 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 Shiller PE Ratio for a Restaurants company?
The median Shiller PE Ratio among Restaurants companies is 25.37, based on 156 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Cheesecake Factory's current Shiller PE Ratio of 57.89 is 128.2% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on The Cheesecake Factory and its competitors. For the Restaurants industry, the median Shiller PE Ratio is 25.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Cheesecake Factory's current Shiller PE Ratio is 57.89, which is 147% above median its own 10-year median of 23.47. 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 €45.46, compared to a current price of €90.88 — trading 99.9% above its estimated fair value. The current Shiller PE Ratio is 57.89, which is 147% above median its 10-year median of 23.47 and 128.2% above the Restaurants industry median of 25.37. The Cheesecake Factory's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For The Cheesecake Factory (FRA:CF2), the current Shiller PE Ratio is 57.89 as of Sep. 06, 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 €90.88 is trading 99.9% above its estimated GF Value™ of €45.46. GuruFocus considers The Cheesecake Factory to be Significantly Overvalued.

Key valuation signals for FRA:CF2:

  • Shiller PE Ratio: 57.89 (147% above median its 10-year median of 23.47)
  • GF Value™: €45.46 vs. price of €90.88 (99.9% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 128.2% above the Restaurants median (#125 of 156)

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 Business Description

Address 26901 Malibu Hills Road, Calabasas Hills, CA, USA, 91301
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.
64GF Score

Get the complete analysis for FRA:CF2

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

€90.88
Price
€45.46
GF Value