DRH DiamondRock Hospitality PE ratio, current and historical analysis
The current price-to-earnings ratio for DiamondRock Hospitality stock as of Oct 21, 2024 is 30.9. This is calculated based on the current EPS of $0.29 and the stock price of $8.96 per share. The PE ratio has increased by 21% from the past four quarters average of 25.5.
DRH PE ratio history
The average historical PE ratio of DiamondRock Hospitality for the last ten years is 21.73. The current price-to-earnings ratio of 30.9 is 42% 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.
DiamondRock Hospitality PE ratio by year
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 average PE ratio chart
DRH's current P/E ratio is above the 3, 5 and 10-year averages.
DRH PE vs peers
When compared to its peer stocks WY and ELS, DRH's PE ratio is lower. DiamondRock Hospitality's current PE ratio of 30.9 is less than the average of its peers, which is 41.81.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DRH DiamondRock Hospitality Co | 30.55 | $1.84B |
| WY Weyerhaeuser Co | 30.88 | $23.13B |
| ELS Equity Lifestyle Properties Inc | 35.58 | $12.74B |
| EGP Eastgroup Properties Inc | 37.21 | $8.72B |
| GEO Geo Group Inc | 64.19 | $2.15B |
Frequently asked questions
What is DiamondRock Hospitality's PE ratio?
DRH stock has a price to earnings ratio of 30.9 as of Oct 21, 2024.
What is the 3-year average PE ratio for DiamondRock Hospitality (DRH)?
As an average over the last 3 years, DRH stock has a PE ratio of 23.41.
What is the 5-year average PE ratio for DiamondRock Hospitality (DRH)?
As an average over the last 5 years, DRH stock has a PE ratio of 21.48.
What is the highest PE ratio for DRH?
The highest quarterly PE ratio in the last ten years has been 34.21 and it was in the Jun 2022 quarter.
How does the current PE ratio for DRH compare to its historical average?
The current price to earnings ratio of DRH is 42% higher than the 10-year historical average.
How is DRH's PE ratio calculated (DiamondRock Hospitality PE ratio formula)?
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 (Oct 21, 2024), DiamondRock Hospitality's stock price is $8.96. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $0.29. Therefore, DiamondRock Hospitality's price to earnings ratio for today is 30.9. PE RATIO(30.9) = STOCK PRICE($8.96) / TTM EPS($0.29)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.