Cracker Barrel Old Country Store, Inc (CBRL)

Retail-Eating Places

Latest Price

$52.62

TTM P/E

45.76

Normalized P/E

16.81

Div Yield

1.90%

Book Value

20.82

P/B Ratio

2.53

Valuation metrics

EPS: $1.40

Book value / share: $21.39

Formula: √(22.5 × EPS × BVPS)

Graham Number

$25.96

51% downside

Norm. op. income: $104M (median of 7yr)

Tax rate: 25%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$21.31

59% downside

Base FCF: $88M (median of recent 5yr)

Growth: 15%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$133.47

+154% upside

EPS: $1.40

Target P/E: 17×

Formula: EPS × P/E

P/E Fair Value

$23.80

55% downside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	3.55M	$189.0M	15.90%	+176.2K	2026-06-30
D. E. Shaw & Co., Inc.	1.48M	$78.0M	6.60%	+1.36M	2026-06-30
American Century Companies Inc	1.05M	$56.0M	4.71%	+81.9K	2026-06-30
Allianz Asset Management GmbH	1.04M	$55.0M	4.66%	-32.2K	2026-06-30
Vanguard Capital Management LLC	990.8K	$52.0M	4.43%	+11.4K	2026-06-30
Two Sigma Investments, LP	980.3K	$52.0M	4.39%	--	2026-06-30
State Street Corp	900.0K	$47.0M	4.03%	+42.7K	2026-06-30
Citadel Advisors LLC	688.8K	$36.0M	3.08%	-265.2K	2026-06-30
Sixth Street Partners Management Company, L.P.	682.1K	$36.0M	3.05%	--	2026-06-30
Charles Schwab Investment Management Inc	682.1K	$36.0M	3.05%	+35.5K	2026-06-30