DRI Darden Restaurants PE ratio, current and historical analysis
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- NYSE: DRI
- PE Ratio
The current P/E ratio for Darden Restaurants stock as of Jul 11, 2025 is 23.47. This is calculated based on the TTM EPS of $8.92 and the stock price of $209.34 per share. The PE ratio has increased by 24% from its last 4 quarters average of 18.9.
DRI PE ratio history
The average historical PE ratio of Darden Restaurants for the last ten years is 20.8. The current price-to-earnings ratio of 23.47 is 13% more than the historical average. Analyzing the last ten years, DRI's PE ratio reached its highest point in the May 2021 quarter at 29.65, when the price was $143.23 and the EPS was $4.83. The lowest point was recorded in the May 2022 quarter, when it reached 16.9 with a price of $126.04 and an EPS of $7.46.
Darden Restaurants PE ratio history chart
Darden Restaurants PE ratio by year
Maximum annual increase: 94.66% in 2016
Maximum annual decrease: -48.13% in 2015
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 17.22 | -13.94% | $147.6 | $8.57 |
| 2023 | 20.01 | 18.4% | $161.28 | $8.06 |
| 2022 | 16.9 | -43% | $126.04 | $7.46 |
| 2021 | 29.65 | N/A | $143.23 | $4.83 |
| 2020 | N/A | N/A | $76.86 | -$0.43 |
| 2019 | 20.78 | 13.74% | $120.13 | $5.78 |
| 2018 | 18.27 | -20.01% | $87.88 | $4.81 |
| 2017 | 22.84 | -0.48% | $87.95 | $3.85 |
| 2016 | 22.95 | 94.66% | $67.48 | $2.94 |
| 2015 | 11.79 | -48.13% | $65.54 | $5.56 |
| 2014 | 22.73 | 37.26% | $49.55 | $2.18 |
| 2013 | 16.56 | 13.89% | $52.83 | $3.19 |
| 2012 | 14.54 | -0.62% | $53.06 | $3.65 |
| 2011 | 14.63 | -1.08% | $50.92 | $3.48 |
| 2010 | 14.79 | 10.79% | $42.9 | $2.9 |
Darden Restaurants PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Feb 2025 | 21.44 | 12.25% | $191.21 | $8.92 |
| Nov 2024 | 19.1 | 8.09% | $167.69 | $8.78 |
| Aug 2024 | 17.67 | 2.61% | $154.07 | $8.72 |
| May 2024 | 17.22 | -12.63% | $147.6 | $8.57 |
| Feb 2024 | 19.71 | 5.34% | $169.51 | $8.6 |
| Nov 2023 | 18.71 | -2.86% | $156.01 | $8.34 |
| Aug 2023 | 19.26 | -3.75% | $155.99 | $8.1 |
| May 2023 | 20.01 | 6.72% | $161.28 | $8.06 |
| Feb 2023 | 18.75 | -7.91% | $144.53 | $7.71 |
| Nov 2022 | 20.36 | 18.3% | $148.39 | $7.29 |
| Aug 2022 | 17.21 | 1.83% | $124.97 | $7.26 |
| May 2022 | 16.9 | -6.32% | $126.04 | $7.46 |
| Feb 2022 | 18.04 | -8.98% | $145.08 | $8.04 |
| Nov 2021 | 19.82 | -18.03% | $140.55 | $7.09 |
| Aug 2021 | 24.18 | -18.45% | $153.08 | $6.33 |
DRI Price vs fair value
You can ether set your own Fair P/E multiple or use one of the automatically calculated Fair P/E multiples.
Fair P/E calculation
PE Ratio is an attempt to estimate a fair PE ratio of a stock based on its earnings and growth rate.
This formula is a modified version of the classic Graham-Dodd Formula (V= EPS x (8.5+2g)), originally developed by Benjamin Graham, to calculate the fair price of a stock based on its earnings and growth rate.
The formula we have created is an adaptation of this approach, designed to maintain a balance between simplicity and growth sensitivity.
It is calculated using the following formula:
IF g < 5: Fair PE = b
IF g >= 5: Fair PE = m × g
Here’s what each part of the formula means:
g: Growth is calculated as the average of the three-year average EPS growth rate and the one-year EPS growth rate (annually). This approach provides a balanced measure of growth by factoring in both the long-term growth trend and the most recent annual growth performance. If one of the growth metrics is not available, the remaining metric is used to determine growth. The fair P/E value is capped at 100 to prevent distortions caused by extreme EPS growth rates, such as those resulting from large percentage increases from a low base.
m: This is the long term historical median PEG (Price/Earnings to Growth) ratio of the overall market. It serves as a benchmark, adjusting the Fair PE based on typical market conditions.
b: Base PE (static value set to 8). If the company's growth rate is less than 5, the Fair PE is set at a conservative baseline of 8. This is because declining companies generally deserve a lower PE ratio.
Fixed vs Dynamic
Fixed: The Fair PE ratio for all data points is calculated using a single, constant average EPS growth rate, determined based on the most recent period. This means that the same growth rate is applied to all historical data points. Dynamic: The Fair PE ratio for each historical data point is calculated using the trailing average EPS growth rate specific to that point in time. This means that for each data point, the corresponding trailing EPS growth rate is used, ensuring that the Fair PE ratio reflects the growth conditions that were relevant at that specific point in history.
DRI average PE ratio chart
Currently, DRI's PE ratio is above its 3, 5 and 10-year averages.
PE vs average
DRI PE vs peers
DRI's PE ratio is less than its peer stocks CBRL and BJRI, but it is above DIN's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DIN Dine Brands Global Inc | 6.7 | $377.75M |
| DRI Darden Restaurants Inc | 23.5 | $24.53B |
| CBRL Cracker Barrel Old Country Store Inc | 24.88 | $1.43B |
| BJRI BJs RESTAURANTS INC | 41.84 | $906.75M |
| BLMN Bloomin' Brands Inc | N/A | $833.18M |
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Frequently asked questions
What is Darden Restaurants's PE ratio?
As of Jul 11, 2025, DRI stock has a price to earnings ratio of 23.47.
What is the 3-year average PE ratio for Darden Restaurants (DRI)?
The average PE ratio for DRI stock over the past 3 years is 19.04.
What is the 5-year average PE ratio for Darden Restaurants (DRI)?
The average PE ratio for DRI stock over the past 5 years is 19.88.
What is the highest PE ratio for DRI?
Over the last ten years, the quarterly PE ratio reached its highest level at 29.65 in the May 2021 quarter.
How does the current PE ratio for DRI compare to its historical average?
The current PE ratio of DRI is 13% higher than the 10-year historical average.
How is DRI's PE ratio calculated (Darden Restaurants PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jul 11, 2025), Darden Restaurants's share price is $209.34. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2025 is $8.92. Therefore, Darden Restaurants's price to earnings ratio for today is 23.47. PE RATIO(23.47) = STOCK PRICE($209.34) / TTM EPS($8.92)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.