Start with its own history
At 25.59×, CAKE is 20.9% above its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · CAKERestaurantsUpdated Nov 5, 2026
The Cheesecake Factory Incorporated P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
25.59×
20.9% abovethe 9-observation annual average
Share price115.39
÷Earnings per share4.51
Price and EPS in quote currency. Calculation details
Investors are paying 25.59 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 21.17×
3-year average15.53×3 positive annual observations
5-year average24.46×5 positive annual observations
10-year average21.17×9 positive annual observations
Peer median · TTM31.51×6 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 30, 2025 | 15.78× | +9.1% |
| Dec 31, 2024 | 14.46× | -11.6% |
| Jan 2, 2024 | 16.36× | -56.0% |
| Jan 3, 2023 | 37.18× | -3.4% |
| Dec 28, 2021 | 38.50× | N/M |
| Dec 29, 2020 | N/M | N/M |
| Dec 31, 2019 | 13.40× | -32.6% |
| Dec 31, 2018 | 19.87× | +38.1% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 14.38× | -30.1% |
| Dec 31, 2016 | 20.58× | +6.7% |
| Dec 31, 2015 | 19.29× | -21.8% |
| Dec 31, 2014 | 24.66× | +11.9% |
| Dec 31, 2013 | 22.04× | +24.7% |
| Dec 31, 2012 | 17.68× | +2.4% |
| Dec 31, 2011 | 17.26× | -21.7% |
| Dec 31, 2010 | 22.06× | -26.4% |
| Dec 31, 2009 | 29.99× | +143.5% |
| Dec 31, 2008 | 12.32× | -47.0% |
| Dec 31, 2007 | 23.25× | -1.7% |
| Dec 31, 2006 | 23.65× | -29.1% |
| Dec 31, 2005 | 33.38× | -13.6% |
| Dec 31, 2004 | 38.65× | +0.1% |
| Dec 31, 2003 | 38.63× | +2.6% |
| Dec 31, 2002 | 37.66× | -10.7% |
| Dec 31, 2001 | 42.15× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How CAKE compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 CAKE This stockThe Cheesecake Factory Incorporated | 25.59× |
 BLMNBloomin' Brands, Inc. | 34.28× |
 DRIDarden Restaurants, Inc. | 22.39× |
 TXRHTexas Roadhouse, Inc. | 31.38× |
 DINDine Brands Global, Inc. | 89.00× |
 BJRIBJ's Restaurants, Inc. | 31.65× |
 EATBrinker International, Inc. | 18.97× |
 RRGBRed Robin Gourmet Burgers, Inc. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does CAKE’s P/E tell you?
Compare like with like
The median of the 6 positive peer ratios above is 31.51×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take CAKE into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("CAKE", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 115.39 ÷ EPS 4.51 = 25.59×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
CAKE P/E ratio: common questions
The essentials behind the numbers.
The Cheesecake Factory Incorporated's current P/E is 25.59× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.