P/E ratio for Texas Roadhouse (TXRH)

P/E ratio history for Texas Roadhouse from 2004 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Darden Restaurants DRI	22.1	-26.00%	🇺🇸 USA
The Cheesecake Factory CAKE	24.5	-17.93%	🇺🇸 USA
Red Robin RRGB	-5.30	-117.74%	🇺🇸 USA
Denny's DENN	31.3	4.59%	🇺🇸 USA
Chuy's CHUY	25.7	-14.08%	🇺🇸 USA
Bloomin' Brands BLMN	31.3	4.64%	🇺🇸 USA
BJ's Restaurants BJRI	28.9	-3.33%	🇺🇸 USA
Brinker International EAT	16.9	-43.50%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.