Based on the aggregated intelligence of 130,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, restaurant operator P.F. Chang's China Bistro (NASDAQ:PFCB) has received the dreaded one-star ranking.

With that in mind, let's take a closer look at P.F. Chang's business, and see what CAPS investors are saying about the stock right now.

P.F. Chang's facts

Headquarters (founded)

Scottsdale, Arizona (1996)

Market Cap

$548.5 million



TTM Revenue

$1.2 billion


Co-CEO Richard Federico (since January 2009)
Co-CEO Robert Vivian (since January 2009)

Net Income Growth (average, last five years and TTM)

2% and (14.5%)


Brinker International (NYSE:EAT)
Darden Restaurants (NYSE:DRI)

CAPS members bearish on PFCB also bearish on

Toll Brothers (NYSE:TOL)
Lennar (NYSE:LEN)

CAPS members bullish on PFCB also bullish on

Starbucks (NASDAQ:SBUX)
Microsoft (NASDAQ:MSFT)

Sources: Capital IQ, a division of Standard & Poor's, and Motley Fool CAPS. TTM = trailing 12 months.

Over on CAPS, fully 42 of the 74 All-Star members who have rated P.F. Chang's -- or 57% -- believe the stock will underperform the S&P 500 going forward. These bears include All-Stars bigpeach and ravali.

Two weeks ago, bigpeach wrote that his underperform rating "has nothing to do with the current economic environment, or [P.F. Chang's] itself, rather it is an industry call." Our CAPS member explains: "Restaurants are classic underperformers. Margins are too low and competition is too high."

In a pitch from last month, ravali cites a fluffy quote by co-CEO Robert Vivian (from the latest quarterly earnings call) as reason to remain skeptical:

The management predicts a 6-7% year over year decrease for the year 2009, although they claim their slightly ahead on their forecast for the year so far.... They expected a slightly sharper decline in the first half because of "eternal optimism in the sense that we're hopeful that ... all of the activity that's going on from a macro standpoint will begin to have some sort of traction by the end of the year and that perhaps the consumer will emerge from a very dark clouded psychological perspective that they have currently.

Give me a break.

What do you think about P.F. Chang's, or any other stock for that matter? Make your voice heard on Motley Fool CAPS today. More than 130,000 investors are waiting to hear what you have to say. CAPS is 100% free, so simply click here to get started.

Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Starbucks and Microsoft are Motley Fool Inside Value selections. Starbucks is also a choice of Stock Advisor, and the Fool owns shares of it. The Fool's disclosure policy always gets a perfect score.