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Chipotle Mexican GrillTSX:CMGS -0.14%67 Shiller PE Ratio is 62.09 as of Sep. 09, 2026, which is 37% below its 10-year median of 98.49. GuruFocus rates TSX:CMGS with a GF Score™ of 67/100 and a GF Value™ of C$23.07 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 156 Restaurants companies, Chipotle Mexican Grill ranks worse than 82.05% on this metric.
The historical rank and industry rank for Chipotle Mexican Grill's Shiller PE Ratio or its related term are showing as below:
TSX:CMGS'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 31.93 Med: 98.49 Max: 176.11
Current: 59.82
During the past years, Chipotle Mexican Grill's highest Shiller PE Ratio was 176.11. The lowest was 31.93. And the median was 98.49.
TSX:CMGS's Shiller PE Ratio is ranked worse than 82.05% of 156
companies
in the Restaurants industry
Industry Median: 25.05
vs TSX:CMGS: 59.82
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.
Chipotle Mexican Grill's adjusted earnings per share data for the three months ended in Jun. 2026 was C$0.127. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.23 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Chipotle Mexican Grill (TSX:CMGS) 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.
Chipotle Mexican Grill Shiller PE Ratio Related Terms
Chipotle Mexican Grill Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Chipotle Mexican Grill'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.
TSX:CMGS vs YUM, DRI, YUMC: Shiller PE Ratio Comparison
For the Restaurants subindustry, Chipotle Mexican Grill'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.
Chipotle Mexican Grill Shiller PE Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Chipotle Mexican Grill's Shiller PE Ratio falls into.
Chipotle Mexican Grill 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.
* 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.
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.
Chipotle Mexican Grill (TSX:CMGS) has a Shiller PE Ratio of 62.09 as of Sep. 09, 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 Chipotle Mexican Grill and its competitors. This is 37% below median its historical median of 98.49. Over the past decade, Chipotle Mexican Grill's Shiller PE Ratio has ranged from 31.93 to 176.11. According to the industry distribution chart, Chipotle Mexican Grill ranks #128 out of 156 companies in the Restaurants industry, placing it in the top 82.1%.
Is Chipotle Mexican Grill's Shiller PE Ratio too high?
Chipotle Mexican Grill's current Shiller PE Ratio of 62.09 is 37% below median its 10-year median of 98.49. Over the past 10 years, this metric has ranged from a low of 31.93 to a high of 176.11. The Restaurants industry median Shiller PE Ratio is 25.05. Chipotle Mexican Grill's value of 62.09 is 147.9% above this industry median. Based on the distribution chart, Chipotle Mexican Grill ranks #128 out of 156 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Chipotle Mexican Grill has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chipotle Mexican Grill's Shiller PE Ratio compare to YUM and DRI?
According to the Restaurants industry distribution chart, Chipotle Mexican Grill ranks #128 out of 156 companies for Shiller PE Ratio. This places Chipotle Mexican Grill in the lower half of its industry. The industry median Shiller PE Ratio is 25.05. Chipotle Mexican Grill's value of 62.09 is 147.9% above this benchmark. Historically, Chipotle Mexican Grill's own Shiller PE Ratio has ranged from 31.93 to 176.11 over the past decade. While the company's 10-year median is 98.49 vs. the industry median of 25.05, 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 Shiller PE Ratio for a Restaurants company?
The median Shiller PE Ratio among Restaurants companies is 25.05, 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. Chipotle Mexican Grill's current Shiller PE Ratio of 62.09 is 147.9% 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 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 Chipotle Mexican Grill and its competitors. For the Restaurants industry, the median Shiller PE Ratio is 25.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chipotle Mexican Grill's current Shiller PE Ratio is 62.09, which is 37% below median its own 10-year median of 98.49. 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 (TSX:CMGS) is currently considered Significantly Undervalued. The stock's GF Value™ is C$23.07, compared to a current price of C$14.28 — trading 38.1% below its estimated fair value. The current Shiller PE Ratio is 62.09, which is 37% below median its 10-year median of 98.49 and 147.9% above the Restaurants industry median of 25.05. Chipotle Mexican Grill's overall GF Score™ is 67/100 with 3 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 Chipotle Mexican Grill (TSX:CMGS), the current Shiller PE Ratio is 62.09 as of Sep. 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 (TSX:CMGS) Overvalued in 2026?
Based on GuruFocus' analysis, Chipotle Mexican Grill stock appears to be undervalued.
The current stock price of C$14.28 is trading 38.1% below its estimated GF Value™ of C$23.07.
GuruFocus considers Chipotle Mexican Grill to be Significantly Undervalued.
Key valuation signals for TSX:CMGS:
Shiller PE Ratio: 62.09 (37% below median its 10-year median of 98.49)
GF Value™: C$23.07 vs. price of C$14.28 (38.1% below fair value)
Industry Position: 147.9% above the Restaurants median (#128 of 156)
No single metric tells the full story. See the TSX:CMGS 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.
67GF Score
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