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Darden Restaurants (Darden Restaurants) Shiller PE Ratio

: 27.05 (As of Today)
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As of today (2024-04-18), Darden Restaurants's current share price is $152.29. Darden Restaurants's E10 for the quarter that ended in Feb. 2024 was $5.63. Darden Restaurants's Shiller PE Ratio for today is 27.05.

The historical rank and industry rank for Darden Restaurants's Shiller PE Ratio or its related term are showing as below:

DRI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.24   Med: 25.89   Max: 40.16
Current: 27.05

During the past years, Darden Restaurants's highest Shiller PE Ratio was 40.16. The lowest was 9.24. And the median was 25.89.

DRI's Shiller PE Ratio is ranked better than
52.86% of 140 companies
in the Restaurants industry
Industry Median: 28.375 vs DRI: 27.05

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Darden Restaurants's adjusted earnings per share data for the three months ended in Feb. 2024 was $2.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.63 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Darden Restaurants Shiller PE Ratio Historical Data

The historical data trend for Darden Restaurants's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Darden Restaurants Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.56 20.78 36.22 27.18 30.58

Darden Restaurants Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.58 30.58 29.22 28.56 30.34

Competitive Comparison

For the Restaurants subindustry, Darden Restaurants's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Darden Restaurants Shiller PE Ratio Distribution

For the Restaurants industry and Consumer Cyclical sector, Darden Restaurants's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Darden Restaurants's Shiller PE Ratio falls into.



Darden Restaurants Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Darden Restaurants's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=152.29/5.63
=27.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Darden Restaurants's E10 for the quarter that ended in Feb. 2024 is calculated as:

For example, Darden Restaurants's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=2.6/129.4194*129.4194
=2.600

Current CPI (Feb. 2024) = 129.4194.

Darden Restaurants Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 0.650 100.373 0.838
201408 3.810 100.352 4.914
201411 -0.260 99.635 -0.338
201502 1.050 99.032 1.372
201505 0.820 100.333 1.058
201508 0.670 100.548 0.862
201511 0.330 100.135 0.427
201602 0.820 100.040 1.061
201605 1.090 101.355 1.392
201608 0.870 101.617 1.108
201611 0.640 101.829 0.813
201702 1.320 102.779 1.662
201705 0.980 103.256 1.228
201708 0.930 103.587 1.162
201711 0.670 104.072 0.833
201802 1.730 105.052 2.131
201805 1.390 106.148 1.695
201808 1.320 106.383 1.606
201811 0.920 106.338 1.120
201902 1.790 106.649 2.172
201905 1.670 108.048 2.000
201908 1.370 108.245 1.638
201911 0.200 108.519 0.239
202002 1.890 109.139 2.241
202005 -3.860 108.175 -4.618
202008 0.280 109.662 0.330
202011 0.730 109.793 0.860
202102 0.980 110.968 1.143
202105 2.780 113.576 3.168
202108 1.750 115.421 1.962
202111 1.480 117.269 1.633
202202 1.930 119.703 2.087
202205 2.240 123.323 2.351
202208 1.560 124.958 1.616
202211 1.520 125.607 1.566
202302 2.340 126.928 2.386
202305 2.580 128.314 2.602
202308 1.590 129.538 1.589
202311 1.760 129.548 1.758
202402 2.600 129.419 2.600

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Darden Restaurants  (NYSE:DRI) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Darden Restaurants Shiller PE Ratio Related Terms

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Darden Restaurants (Darden Restaurants) Business Description

Traded in Other Exchanges
Address
1000 Darden Center Drive, Orlando, FL, USA, 32837
Darden Restaurants is the largest restaurant operator in the U.S. full-service space, with consolidated revenue of $10.5 billion in fiscal 2023 resulting in 3%-4% full-service market share (per NRA data and our calculations). The company maintains a portfolio of 10 restaurant brands: Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Ruth's Chris, Yard House, The Capital Grille, Seasons 52, Eddie V's, Bahama Breeze, and The Capital Burger. Darden generates revenue almost exclusively from company-owned restaurants, though a small network of franchised restaurants and consumer-packaged goods sales through the traditional grocery channel contribute modestly. As of the end of its fiscal 2023, the company operated 1,914 restaurants in the U.S.
Executives
John W. Madonna officer: SVP, Corporate Controller 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Douglas J. Milanes officer: SVP, Chief Supply Chain Ofcr 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Melvin John Martin officer: President, SRG 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Sarah H. King officer: SVP, Chief HR Officer 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Susan M. Connelly officer: SVP, Chief Comm & PA Officer 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Lee Eugene I Jr officer: President, Speciality Rest Grp 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Rajesh Vennam officer: SVP, CFO and Treasurer 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Ricardo Cardenas officer: SVP Chief Strategy Officer 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Matthew R Broad officer: SVP General Counsel C/O DARDEN RESTAURANTS, INC., 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Todd Burrowes officer: President, LongHorn Steakhouse 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Daniel J. Kiernan officer: President, Olive Garden 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
William S Simon director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Nana Mensah director 1301 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Richard L. Renninger officer: SVP, Chief Development Officer 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Timothy J Wilmott director C/O PENN NATIONAL GAMING, INC., 825 BERKSHIRE BLVD., SUITE 200, WYOMISSING PA 19610

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