The recent share price gains have brought the company back c...

The recent share price gains have brought the company back closer to its yearly peak. The stock price seems justified based on the price-to-earnings ratio comparison with the industry average. However, given the stock's volatility, there could be another opportunity to buy low in the future. The near-term future seems bright for Cheesecake Factory with higher cash flow expected, which should feed into a higher share valuation.