Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 91.50 as of 2026-10-06T20:11:45.273Z.
Consensus retrieved: 2026-10-06T11:48:24.795Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-06T20:11:45.273Z.
Quote observation: 2026-10-06T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: e852c3bfae1468c4736c9a6409612b8d9bc8a52258ca30f547b8501e052de707
Forward PE Ratio (91.50) = Dated Quote Price ($10.61) / Consensus Forward EPS ($0.12)
FORWARD PE RATIO
91.50
SECTOR MEDIAN · CONSUMER CYCLICAL
16.29
median of 174 covered companies
CURRENT VS SECTOR MEDIAN
+461.87%
vs the sector median at left
First Watch Restaurant Group, Inc.
Market Cap
$654.77M
Forward PE Ratio
91.50
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| First Watch Restaurant Group, Inc. (FWRG) | $654.77M | 91.50 |
| Papa John's International, Inc. (PZZA)vs › | $644.22M | 16.40 |
| Petco Health and Wellness Company, Inc. (WOOF)vs › | $633.95M | 9.00 |
| Legacy Housing Corporation (LEGH)vs › | $687.53M | 10.79 |
| Tron Inc. (TRON)vs › | $611.95M | N/A |
| Betterware de Mexico, S.A.P.I. de C.V. (BWMX)vs › | $608.94M | N/A |
| Bloomin' Brands, Inc. (BLMN)vs › | $713.60M | 8.63 |
| XMAX, Inc. (XMAX)vs › | $558.75M | N/A |
| Solid Power, Inc. (SLDP)vs › | $528.71M | N/A |
| Fox Factory Holding Corp. (FOXF)vs › | $813.14M | 12.44 |
Trailing P/E
37.4
reported TTM EPS
Forward P/E
91.5
consensus EPS · fiscal year ending 2026-12-28
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $0.12 implies -57.1% EPS decline vs the reported trailing $0.28.
At the dated quote price of $10.61, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-28 | $0.12 | $0.07 – $0.16 | 5 | 91.5x |
| 2027-12-28 | $0.25 | $0.16 – $0.33 | 6 | 41.9x |
| 2028-12-28 | $0.37 | $0.32 – $0.42 | 2 | 28.9x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
