On this page we presented the CMG Historical PE Ratio information for Chipotle Mexican Grill' stock. The average CMG historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 58.0. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average CMG historical PE based on this TTM earnings result method is 68.4. Note: any PE calculations resulting in a value exceeding 500 were discarded as not meaningful. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this CMG historical PE result, against the recent PE: when this page was posted on 4/10/2024, the most recent closing price for CMG had been 2965.69, and the most recent quarterly earnings result, annualized, was 41.44. Meanwhile, the most recent TTM earnings summed to 44.87. From these numbers, we calculate the recent CMG PE on 4/10/2024 based on annualized quarterly EPS was 71.6. Based on CMG's history, that recent PE is elevated relative to the historical average, with the recent PE 23.4% higher than the historical average PE across our data set for Chipotle Mexican Grill. Looking at the recent CMG PE on 4/10/2024 based on TTM EPS, we calculate the ratio at 66.1. Based on CMG's history, that recent PE is low relative to the historical average, with the recent PE 3.4% lower than the average PE across our Chipotle Mexican Grill data set with TTM EPS used in the calculation at each period.

Another interesting CMG historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for CMG, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for CMG, we start with the past four EPS numbers and we first sort them from lowest to highest: 10.36, 10.50, 11.36, and 12.65. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 10.50 and 11.36 — which gives us the median of 10.93. Basically the way to think about this 10.93 number is this: for the trailing four earnings reports, 10.93 marks the "middle ground" number where CMG has reported a value higher than 10.93 half the time, and has reported a value lower than 10.93 half the time. Annualizing that median value then gets us to 43.72/share, which we use as the denominator in our next PE calculation. With 2965.69 as the numerator (as of 4/10/2024), the calculation is then 2965.69 / 43.72 = 67.8 as the CMG PE ratio as of 4/10/2024, based on that annualized median value we calculated.

For self directed investors doing their due diligence on CMG or any other given stock, valuation analysis for CMG can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Chipotle Mexican Grill PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for CMG. Thanks for visiting, and the next time you need to research CMG Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.