Chipotle Mexican Grill price to book ratio CMG

Market value divided by the book value of the company's net assets, since 2010.

Today, Oct 23, 2026: 15.8×
10-year median: 17.7×
Against its 10-year history: 40th; percentile: 0 is its lowest day, 100 its highest
10-year range: 5.2× to 26.7×
Peer median: 8.9×

Chipotle Mexican Grill's price to book ratio is 15.8× as of Oct 23, 2026.

That is below its ten-year median of 17.7×, close to the middle of its last ten years.

Over that time it ranged from 5.2× in Feb 2018 to 26.7× in Jun 2024.

The median for 10 restaurant stocks of a similar size is 8.9×.

Price to book ratio over time

median 17.7×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	15.8×	14.2×	21.9×
2025	15.5×	12.6×	22.5×
2024	22.9×	18.4×	26.7×
2023	21.7×	16.7×	23.8×
2022	16.5×	16.4×	22.2×
2021	21.3×	17.8×	25.0×
2020	21.5×	9.3×	22.0×
2019	14.3×	8.8×	15.2×
2018	8.2×	5.2×	10.4×
2017	5.9×	5.6×	10.0×
2016	7.6×	5.4×	8.7×
2015	6.2×	6.2×	11.7×
2014	11.1×	9.5×	12.3×
2013	11.2×	7.1×	11.5×
2012	7.0×	5.9×	13.2×
2011	10.6×	8.9×	11.7×
2010	8.6×	5.9×	10.4×

Against its peers

Companies in Restaurants nearest Chipotle Mexican Grill's size, closest first, today.

Company	Price to book ratio
CMGChipotle Mexican Grill	15.8×
QSRRestaurant Brands International	8.9×
YUMYum! Brands	n/m
DRIDarden Restaurants	11.6×
YUMCYum China	2.8×
ARMKAramark	4.1×
TXRHTexas Roadhouse	7.0×
SBUXStarbucks	n/m
EATBrinker International	17.2×
BROSDutch Bros	9.1×
MCDMcDonald's	n/m
Peer median	8.9×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Chipotle Mexican Grill

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.