Chipotle Mexican Grill (CMG) fundamentals: P/E, valuation, undervalued?

Chipotle Mexican Grill · Consumer Discretionary · ref. ETF XLY · price $37.22
Logo Chipotle Mexican GrillSee the full Chipotle Mexican Grill (CMG) profile
In short — Chipotle Mexican Grill trades at 34.5× earnings (P/E), 27.2× forward, with a net margin of 11.4 % and revenue growth of +9 %. Read: High P/E (P/E 34 (above average)).

Is Chipotle Mexican Grill stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$37.22-12.2% over range
Aug 28, 25low $28.18 · high $42.41Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
65% recommend buying · 17 analysts
Valuation : High P/E — P/E 34 (above average)

Valuation

34.5
P/E (price/earnings)
27.2
Forward P/E
PEG
21.5
Price/book (P/B)
$47.1B
Market cap
1.08
EPS

Profitability & growth

11.4 %
Net margin
+9 %
Revenue growth
-1 %
Earnings growth
$5.4B
Total debt

Chipotle Mexican Grill income statement

Fiscal yearRevenueNet incomeMargin
2022$8.6B$899M10.4 %
2023$9.9B$1.2B12.4 %
2024$11.3B$1.5B13.6 %
2025$11.9B$1.5B12.9 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is Chipotle Mexican Grill's P/E and is the stock undervalued? What's a good P/E?

Chipotle Mexican Grill's P/E is 34.5 (forward 27.2). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "High P/E".

Is Chipotle Mexican Grill profitable?

Chipotle Mexican Grill has a net margin of 11.4 % (EPS 1.08). The company is profitable.

Is CMG stock expensive?

Our read: "High P/E" — P/E 34 (above average). Cross-check with growth and sector.

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