Question 1

What is Chipotle Mexican Grill's P/S ratio?

Accepted Answer

Chipotle Mexican Grill (CMG) P/S ratio is 3.1× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Chipotle Mexican Grill?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Chipotle Mexican Grill specifically, the relevant sector benchmark is the current sector median of 1.9×.

Question 5

Is Chipotle Mexican Grill's P/S ratio high or low?

Accepted Answer

Chipotle Mexican Grill's P/S ratio of 3.1× is below its own 5-year average of 5.9× and above the sector median of 1.9×. That places the current reading at the 0th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Chipotle Mexican Grill's historical P/S ratio range?

Accepted Answer

In the available daily series, Chipotle Mexican Grill (CMG) P/S ratio has ranged from a low of 1.4× in 2008 to a high of 9.3× in 2024. The 5-year average is 5.9× and the 5-year median is 6.1×.

Question 7

What was Chipotle Mexican Grill's P/S ratio in 2025?

Accepted Answer

Chipotle Mexican Grill (CMG) P/S ratio at the end of 2025 was 4.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does Chipotle Mexican Grill's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$48.65B	$11.93B	4.1×	-3.2×	Dec 31, 2025
2024	$82.09B	$11.31B	7.3×	+0.9×	Dec 31, 2024
2023	$62.76B	$9.87B	6.4×	+1.9×	Dec 31, 2023
2022	$38.41B	$8.63B	4.4×	-2.1×	Dec 31, 2022
2021	$49.22B	$7.55B	6.5×	+0.0×	Dec 31, 2021
2020	$38.81B	$5.98B	6.5×	+2.3×	Dec 31, 2020
2019	$23.24B	$5.59B	4.2×	+1.7×	Dec 31, 2019
2018	$11.99B	$4.86B	2.5×	+0.7×	Dec 31, 2018
2017	$8.07B	$4.48B	1.8×	-1.0×	Dec 31, 2017
2016	$10.91B	$3.90B	2.8×	-0.5×	Dec 31, 2016
2015	$14.89B	$4.50B	3.3×	-1.9×	Dec 31, 2015
2014	$21.24B	$4.11B	5.2×	+0.0×	Dec 31, 2014
2013	$16.53B	$3.21B	5.1×	+1.8×	Dec 31, 2013
2012	$9.23B	$2.73B	3.4×	-2.2×	Dec 31, 2012
2011	$10.56B	$1.89B	5.6×	+2.0×	Dec 31, 2011
2010	$6.60B	$1.84B	3.6×	+1.8×	Dec 31, 2010
2009	$2.77B	$1.52B	1.8×	+0.3×	Dec 31, 2009
2008	$1.98B	$1.33B	1.5×	-3.0×	Dec 31, 2008
2007	$4.82B	$1.09B	4.4×	+2.2×	Dec 31, 2007
2006	$1.85B	$822.93M	2.3×	—	Dec 31, 2006


Casey's General Stores (CASY)	1.3×
Toll Brothers (TOL)	1.2×
D.R. Horton (DHI)	1.2×
Li Auto (LI)	1.2×
Ball (BALL)	1.2×
Weyco Group (WEYS)	1.1×
NIO (NIO)	1.1×
Amcor (AMCR)	0.9×
Norwegian Cruise Line (NCLH)	0.9×
Lennar (LEN)	0.8×
XPeng (XPEV)	0.8×
International Paper (IP)	0.8×
Sonoco Products (SON)	0.7×
Smurfit Westrock (SW)	0.7×
V.F. (VFC)	0.7×
Genuine Parts (GPC)	0.6×
Mohawk Industries (MHK)	0.5×
LKQ (LKQ)	0.5×
MGM Resorts (MGM)	0.5×
Polaris (PII)	0.4×
ChargePoint Holdings (CHPT)	0.4×
General Motors (GM)	0.4×
Leggett & Platt (LEG)	0.3×
Best Buy Co. (BBY)	0.3×
Ford Motor (F)	0.2×

P/S Ratio for Chipotle Mexican Grill (CMG)

P/S Ratio daily chart for Chipotle Mexican Grill (CMG)

Historical P/S Ratio for Chipotle Mexican Grill (CMG) from 2006 to 2025

About P/S Ratio at Chipotle Mexican Grill (CMG)

Chipotle Mexican Grill P/S Ratio by Year

Chipotle Mexican Grill P/S Ratio 2025: 4.1×

Chipotle Mexican Grill P/S Ratio 2024: 7.3×

Chipotle Mexican Grill P/S Ratio 2023: 6.4×

Chipotle Mexican Grill P/S Ratio 2022: 4.4×

Chipotle Mexican Grill P/S Ratio 2021: 6.5×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Chipotle Mexican Grill (CMG) Key Financials

P/S Ratio daily chart for Chipotle Mexican Grill (CMG)

Historical P/S Ratio for Chipotle Mexican Grill (CMG) from 2006 to 2025

About P/S Ratio at Chipotle Mexican Grill (CMG)

Chipotle Mexican Grill P/S Ratio by Year

Chipotle Mexican Grill P/S Ratio 2025: 4.1×

Chipotle Mexican Grill P/S Ratio 2024: 7.3×

Chipotle Mexican Grill P/S Ratio 2023: 6.4×

Chipotle Mexican Grill P/S Ratio 2022: 4.4×

Chipotle Mexican Grill P/S Ratio 2021: 6.5×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Chipotle Mexican Grill's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for Chipotle Mexican Grill?

+Is Chipotle Mexican Grill's P/S ratio high or low?

+What is Chipotle Mexican Grill's historical P/S ratio range?

+What was Chipotle Mexican Grill's P/S ratio in 2025?

+Why does Chipotle Mexican Grill's P/S ratio change over time?

Chipotle Mexican Grill (CMG) Key Financials