The current price-to-earnings ratio for DiamondRock Hospitality stock as of Nov 21, 2024 is 32.64. This is calculated based on the current EPS of $0.28 and the stock price of $9.14 per share. The PE ratio has increased by 15% from the past four quarters average of 28.3.
The average historical PE ratio of DiamondRock Hospitality for the last ten years is 22.02. The current price-to-earnings ratio of 32.64 is 48% 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 peer stocks WY and ELS, DRH's PE ratio is lower.
Stock name | PE ratio | Market cap |
---|---|---|
DRH DiamondRock Hospitality Co | 32.64 | $1.9B |
EGP Eastgroup Properties Inc | 34.76 | $8.38B |
ELS Equity Lifestyle Properties Inc | 36.33 | $13.53B |
WY Weyerhaeuser Co | 41.35 | $22.23B |
GEO Geo Group Inc | 110.5 | $4.02B |
DRH stock has a price to earnings ratio of 32.64 as of Nov 21, 2024.
As an average over the last 3 years, DRH stock has a PE ratio of 24.19.
As an average over the last 5 years, DRH stock has a PE ratio of 22.23.
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 48% 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 (Nov 21, 2024), DiamondRock Hospitality's stock price is $9.14. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.28. Therefore, DiamondRock Hospitality's price to earnings ratio for today is 32.64. PE RATIO(32.64) = STOCK PRICE($9.14) / TTM EPS($0.28)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.