The current price-to-earnings ratio for DiamondRock Hospitality stock as of Jul 26, 2024 is 23.14. This is calculated based on the current EPS of $0.36 and the stock price of $8.33 per share. The current PE ratio is nearly the same as the last four quarters average.
The average historical PE ratio of DiamondRock Hospitality for the last ten years is 21.42. The current price-to-earnings ratio of 23.14 is 8% 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 23.14 is less than the average of its peers, which is 31.69.
Stock name | PE ratio | Market cap |
---|---|---|
GEO Geo Group Inc | 22.72 | $2.14B |
DRH DiamondRock Hospitality Co | 23.14 | $1.75B |
WY Weyerhaeuser Co | 28.73 | $23.04B |
ELS Equity Lifestyle Properties Inc | 36.41 | $12.5B |
EGP Eastgroup Properties Inc | 38.9 | $9.12B |
DRH stock has a price to earnings ratio of 23.14 as of Jul 26, 2024.
As an average over the last 3 years, DRH stock has a PE ratio of 22.7.
As an average over the last 5 years, DRH stock has a PE ratio of 21.43.
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 8% 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 (Jul 26, 2024), DiamondRock Hospitality's stock price is $8.33. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.36. Therefore, DiamondRock Hospitality's price to earnings ratio for today is 23.14. PE RATIO(23.14) = STOCK PRICE($8.33) / TTM EPS($0.36)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.