Darden Restaurants
DRI
#993
Rank
HK$152.56 B
Marketcap
HK$1,298
Share price
-1.13%
Change (1 day)
6.89%
Change (1 year)
Darden Restaurants, Inc. is a an American restaurant chain company that operates chains such as Red Lobster, Olive Garden and Bahama Breeze.

P/E ratio for Darden Restaurants (DRI)

P/E ratio as of November 2024 (TTM): 20.6

According to Darden Restaurants 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.6387. 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
202218.9-10.94%
202121.3-116.43%
2020-129-704.57%
201921.416.67%
201818.4-24.29%
201724.215.37%
201621.0-3.57%
201521.8-54.67%
201448.1173.05%
201317.656.48%
201211.3-7.75%
201112.2-7.73%
201013.218.08%
200911.218.67%
20089.43-45.91%
200717.414.65%
200615.2-9.82%
200516.93.42%
200416.311.89%
200314.614.85%
200212.7-29.35%
200118.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
53.5 159.37%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8-47.46%๐Ÿ‡บ๐Ÿ‡ธ USA
4.69-77.27%๐Ÿ‡บ๐Ÿ‡ธ USA
7.31-64.59%๐Ÿ‡บ๐Ÿ‡ธ USA
17.8-13.95%๐Ÿ‡บ๐Ÿ‡ธ 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.