What does that tell you about where CBRL and BH (19.99% holder) are going ?
PNRA growing faster than CBRL, hence the higher multiple. I'm not knocking CBRL, I love the dividend vs. PNRA, but just saying.
The market capitalization of PNRA is 2.6 X higher than CBRL. Sandwich, soup, and throw in an apple, not exactly the makings of a high PE ratio ? Well, so far they have people fooled.