P/E ratio for Darden Restaurants (DRI)
P/E ratio as of April 2024 (TTM): 19.2
According to Darden Restaurants 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.2232. At the end of 2022 the company had a P/E ratio of 18.9.
P/E ratio history for Darden Restaurants from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.9 | -10.94% |
| 2021 | 21.3 | -116.43% |
| 2020 | -129 | -704.57% |
| 2019 | 21.4 | 16.67% |
| 2018 | 18.4 | -24.29% |
| 2017 | 24.2 | 15.37% |
| 2016 | 21.0 | -3.57% |
| 2015 | 21.8 | -54.67% |
| 2014 | 48.1 | 173.05% |
| 2013 | 17.6 | 56.48% |
| 2012 | 11.3 | -7.75% |
| 2011 | 12.2 | -7.73% |
| 2010 | 13.2 | 18.08% |
| 2009 | 11.2 | 18.67% |
| 2008 | 9.43 | -45.91% |
| 2007 | 17.4 | 14.65% |
| 2006 | 15.2 | -9.82% |
| 2005 | 16.9 | 3.42% |
| 2004 | 16.3 | 11.89% |
| 2003 | 14.6 | 14.85% |
| 2002 | 12.7 | -29.35% |
| 2001 | 18.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ruth's Hospitality Group RUTH | 17.8 | -7.61% | 🇺🇸 USA |
 Cracker Barrel CBRL | 13.6 | -29.20% | 🇺🇸 USA |
 Bloomin' Brands BLMN | 9.71 | -49.47% | 🇺🇸 USA |
 BJ's Restaurants
BJRI | 48.6 | 153.04% | 🇺🇸 USA |
 Dine Brands Global DIN | 9.37 | -51.27% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.