The current price-to-earnings ratio for DiamondRock Hospitality stock as of May 2, 2024 is 24.36. This is calculated based on the current EPS of $0.36 and the stock price of $8.77 per share. The PE ratio has increased by 17% from the past four quarters average of 20.9.
The average historical PE ratio of DiamondRock Hospitality for the last ten years is 21.42. The current price-to-earnings ratio of 24.36 is 14% more than the historical average. In the past ten years, DRH's PE ratio reached its highest point in the Jun 2022 quarter at 34.21, when the stock price was $8.21 and the EPS was $0.24. The lowest point was recorded in the Mar 2020 quarter, when it reached 7.26 with a price of $5.08 and an EPS of $0.7.
Maximum annual increase: 49.63% in 2023
Maximum annual decrease: -61.21% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 26.08 | 49.63% |
| 2022 | 17.43 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | 12.18 | -42.33% |
| 2018 | 21.12 | -13.94% |
| 2017 | 24.54 | 21.3% |
| 2016 | 20.23 | -9.85% |
| 2015 | 22.44 | 25.22% |
| 2014 | 17.92 | -61.21% |
DRH's current P/E ratio is above the 3, 5 and 10-year averages.
When compared to its peers WY and ELS, DRH's PE ratio is lower, but it is higher than GEO's. DiamondRock Hospitality's current PE ratio of 24.36 is less than the average of its peers, which is 29.32.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GEO Geo Group Inc | 20.1 | $1.85B |
| DRH DiamondRock Hospitality Co | 24.54 | $1.85B |
| WY Weyerhaeuser Co | 28.26 | $22.67B |
| ELS Equity Lifestyle Properties Inc | 34.26 | $11.76B |
| EGP Eastgroup Properties Inc | 34.55 | $7.7B |
DRH stock has a price to earnings ratio of 24.36 as of May 2, 2024.
As an average over the last 3 years, DRH stock has a PE ratio of 22.13.
As an average over the last 5 years, DRH stock has a PE ratio of 21.12.
The highest quarterly PE ratio in the last ten years has been 34.21 and it was in the Jun 2022 quarter.
The current price to earnings ratio of DRH is 14% higher than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (May 2, 2024), DiamondRock Hospitality's stock price is $8.77. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.36. Therefore, DiamondRock Hospitality's price to earnings ratio for today is 24.36. PE RATIO(24.36) = STOCK PRICE($8.77) / TTM EPS($0.36)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.