Chipotle Mexican Grill, Inc.

CMG Consumer Cyclical Restaurants

Chipotle Mexican Grill, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.9 billion, up 5.41% from fiscal 2024. In the quarter to June 2026, revenue grew 9.31%, EPS was flat and free cash flow grew 15.6%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years, operating cash flow growth for five.

29.89 0.69 −2.26%
Market cap
$38.7B
P/E
27.4×
Fwd P/E
26.5×
Dividend yield
—
F-score
5/9
Altman Z
6.99
Beneish M
−2.60
Dividend safety
n/a

Chipotle Mexican Grill, Inc. (CMG) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Chipotle Mexican Grill, Inc. (CMG) trades at a P/B ratio of 17.4×. Over the past ten years it has ranged from 5.3× (February 2018) to 28.0× (June 2024); the current reading is higher than 54% of that period. That is above the Restaurants industry median of 2.0× and above the Consumer Cyclical sector median of 1.6×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 17.5× (22.55%)
FY2024 22.6× 11.73%
FY2023 20.2× 25.28%
FY2022 16.1× (24.69%)
FY2021 21.4× 11.74%
FY2020 19.2× 38.89%
FY2019 13.8× 65.43%
FY2018 8.3× 36.30%
FY2017 6.1× (21.81%)
FY2016 7.8× 11.57%

Quarterly newest first

Period P/B ratio Change
Jun 2026 19.7× 14.38%
Mar 2026 17.3× (1.26%)
Dec 2025 17.5× 7.65%
Sep 2025 16.2× (24.13%)
42 more quarters

Against its own ten years

Low 5.3× High 28.0×
Ten-year median 16.6×
Current reading's percentile 49

P/B ratio against peers

Company P/B ratio
DPZ Domino's Pizza Inc compare n/m
MCD McDonald's Corporation compare n/m
YUM Yum! Brands, Inc. compare n/m
SBUX Starbucks Corporation compare n/m
YUMC Yum China compare 2.6×
QSR Restaurant Brands International Inc. compare 4.8×
TXRH Texas Roadhouse, Inc. compare 7.0×
DRI Darden Restaurants, Inc. compare 11.9×
CMG Chipotle Mexican Grill, Inc. 17.4×
Restaurants industry median 2.0×
Consumer Cyclical sector median 1.6×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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