Chipotle Mexican Grill, Inc. (CMG) Valuation
Historical valuation analysis based on 1281 data points (2021-09-10 to 2026-10-16)
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 E...
Chipotle Mexican Grill, Inc. (CMG) currently trades at a P/E ratio of 26.65 (historical range: 25.27–94.64, median: 52.39), placing it at the 0th percentile — cheap relative to its history, P/S ratio of 3.04 (range: 3.02–9.28, 0th percentile — cheap relative to its history), EV/EBITDA of 22.99 (range: 22.15–29.01, 5th percentile).
Over the historical period (2021-09-10 to 2026-10-16), Chipotle Mexican Grill, Inc.'s P/E ratio has contracted by 24% over the observed period (from an average of 57.2 to 43.3).
Chipotle Mexican Grill, Inc. trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 26.65 | 52.39 | 0th | cheap relative to its history |
| P/S Ratio | 3.04 | 5.79 | 0th | cheap relative to its history |
| EV/EBITDA | 22.99 | 25.44 | 5th | cheap relative to its history |
| FCF Yield | 4.15% | 2.08% | 100th | cheap relative to its history |
Chipotle Mexican Grill, Inc. (CMG) Valuation & P/E History
Chipotle Mexican Grill, Inc. (CMG) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Retail-Eating Places industry currently trading at $29.90 with a market capitalization of $37.8 billion. This page provides historical valuation analysis for CMG based on 1281 data points covering 2021-09-10 to 2026-10-16. The P/E ratio of 26.65 is below the historical median of 52.39, placing CMG at the 0th percentile of its valuation range. The P/S ratio of 3.04 compares to a median of 5.79.
CMG Valuation Metrics & Historical Range
The valuation table above shows Chipotle Mexican Grill, Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether CMG is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests CMG is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Chipotle Mexican Grill, Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is CMG Overvalued or Undervalued?
Chipotle Mexican Grill, Inc. trades well below its historical valuation range across most metrics. The overall valuation percentile of 2 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive CMG is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full CMG analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.CMG trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.