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DRI Darden Restaurants PE ratio, current and historical analysis

The current P/E ratio for Darden Restaurants stock as of Feb 23, 2024 is 20.32. This is calculated based on the TTM EPS of $8.34 and the stock price of $169.51 per share. The PE ratio has increased by 6% from its last 4 quarters average of 19.2.

DRI PE ratio history

How has DRI's PE ratio performed in the past

The average historical PE ratio of Darden Restaurants for the last ten years is 19.97. The current price-to-earnings ratio of 20.32 is in line with 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 Aug 2014 quarter, when it reached 8.73 with a price of $47.57 and an EPS of $5.45.

Average
19.97
Median
20.32
Minimum
8.73
Maximum
29.65

Darden Restaurants PE ratio by year

Maximum annual increase: 94.66% in 2016

Maximum annual decrease: -48.13% in 2015

Year PE ratio Change
2023 20.01 18.4%
2022 16.9 -43%
2021 29.65 N/A
2020 N/A N/A
2019 20.78 13.74%
2018 18.27 -20.01%
2017 22.84 -0.48%
2016 22.95 94.66%
2015 11.79 -48.13%
2014 22.73 37.26%

DRI average PE ratio chart

What is the average PE ratio of DRI for the past years

Currently, DRI's PE ratio is above its 3 and 10-year averages, but it is under its 5-year average.

3-year avg
20.26
5-year avg
20.68
10-year avg
19.97
15-year avg
18.06

DRI PE vs peers

What is DRI's PE ratio compared to its peers

DRI's PE ratio is less than its peer stock BJRI, but it is above BLMN's and CBRL's. Darden Restaurants is currently trading at a lower PE ratio (20.32) than its peers average of 21.89.

Stock name PE ratio Market cap
BLMN Bloomin' Brands Inc 9.28 $2.38B
DIN Dine Brands Global Inc 9.44 $705.75M
CBRL Cracker Barrel Old Country Store Inc 17.83 $1.56B
DRI Darden Restaurants Inc 20.32 $20.24B
BJRI BJs RESTAURANTS INC 51 $794.01M

Frequently asked questions

What is Darden Restaurants's PE ratio?

As of Feb 23, 2024, DRI stock has a price to earnings ratio of 20.32.

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 20.26.

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 20.68.

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 1.8% 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 (Feb 23, 2024), Darden Restaurants's share price is $169.51. The company's earnings per share for the trailing twelve months (TTM) ending Nov 2023 is $8.34. Therefore, Darden Restaurants's price to earnings ratio for today is 20.32. PE RATIO(20.32) = STOCK PRICE($169.51) / TTM EPS($8.34)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.