Is Cracker Barrel Old Country Store, Inc. overvalued or undervalued?

As of 11 August 2025, the valuation grade for Cracker Barrel Old Country Store, Inc. has moved from expensive to very expensive. This indicates that the company is overvalued. Key valuation ratios include a P/E ratio of 20, an EV to EBITDA of 8.72, and a Price to Book Value of 2.63. Comparatively, Texas Roadhouse, Inc. has a P/E of 24.79, while Aramark shows a P/E of 31.90, both indicating that Cracker Barrel's valuation is less favorable in comparison to its peers.
In terms of recent performance, Cracker Barrel has underperformed against the S&P 500 across multiple time frames, with a YTD return of -13.36% compared to the S&P 500's 12.22%. This trend reinforces the notion that the stock is overvalued given its lackluster performance relative to the broader market.