Darden Restaurants (MIL:1DRI) Cyclically Adjusted Book per Share: €18.89 (As of May. 2026)


MIL:1DRI Darden Restaurants Inc MIL:1DRI
57 GF Score
Price €179.10
GF Value €183.84
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Darden Restaurants Cyclically Adjusted Book per Share?

Darden Restaurants MIL:1DRI 57 Cyclically Adjusted Book per Share is €18.89 as of May. 2026. GuruFocus rates MIL:1DRI with a GF Score™ of 57/100 and a GF Value™ of €183.84 (Fairly Valued). The stock has 4 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Darden Restaurants's adjusted book value per share for the three months ended in May. 2026 was €16.498. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €18.89 for the trailing ten years ended in May. 2026.

During the past 12 months, Darden Restaurants's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Darden Restaurants was 8.70% per year. The lowest was 1.50% per year. And the median was 6.30% per year.

As of today (2026-07-03), Darden Restaurants's current stock price is €179.10. Darden Restaurants's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was €18.89. Darden Restaurants's Cyclically Adjusted PB Ratio of today is 9.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Darden Restaurants was 10.58. The lowest was 2.22. And the median was 6.97.


Darden Restaurants  (MIL:1DRI) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Darden Restaurants's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=179.10/18.89
=9.48

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Darden Restaurants was 10.58. The lowest was 2.22. And the median was 6.97.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Darden Restaurants Cyclically Adjusted Book per Share Related Terms


Darden Restaurants Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Darden Restaurants's Cyclically Adjusted Book per Share 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.

Darden Restaurants Cyclically Adjusted Book per Share Chart

Darden Restaurants Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 17.80 18.89

Darden Restaurants Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial 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 17.80 18.21 18.50 17.24 18.89

MIL:1DRI vs YUMC, TXRH, DPZ: Cyclically Adjusted Book per Share Comparison

For the Restaurants subindustry, Darden Restaurants's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio vs Restaurants Industry

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

* The bar in red indicates where Darden Restaurants's Cyclically Adjusted PB Ratio falls into.


MIL:1DRI
57GF Score
Darden Restaurants Inc MIL:1DRI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Darden Restaurants Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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.

For example, Darden Restaurants's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book= Book Value per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=16.498/335.1230*335.1230
=16.498

Current CPI (May. 2026) = 335.1230.

Darden Restaurants Quarterly Data

Book Value per Share CPI Adj_Book
201608 13.054 240.849 18.164
201611 13.837 241.353 19.213
201702 14.898 243.603 20.495
201705 15.166 244.733 20.767
201708 14.099 245.519 19.245
201711 13.629 246.669 18.516
201802 13.904 248.991 18.714
201805 15.030 251.588 20.020
201808 15.876 252.146 21.101
201811 16.033 252.038 21.318
201902 16.590 252.776 21.995
201905 17.379 256.092 22.742
201908 17.461 256.558 22.808
201911 16.934 257.208 22.064
202002 17.769 258.678 23.020
202005 16.457 256.394 21.510
202008 15.414 259.918 19.874
202011 15.937 260.229 20.524
202102 16.279 263.014 20.742
202105 17.705 269.195 22.041
202108 17.996 273.567 22.045
202111 17.363 277.948 20.935
202202 16.021 283.716 18.924
202205 16.777 292.296 19.235
202208 16.631 296.171 18.818
202211 16.263 297.711 18.307
202302 15.764 300.840 17.560
202305 16.729 304.127 18.434
202308 16.319 307.026 17.812
202311 15.771 307.051 17.213
202402 16.932 310.326 18.285
202405 17.451 314.069 18.621
202408 16.477 314.796 17.541
202411 16.645 315.493 17.681
202502 18.060 319.082 18.968
202505 17.517 321.465 18.261
202508 16.424 323.976 16.989
202511 15.608 324.122 16.138
202602 15.519 326.785 15.915
202605 16.498 335.123 16.498

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €18.89 mean?
Darden Restaurants (MIL:1DRI) has a Cyclically Adjusted Book per Share of €18.89 as of May. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Darden Restaurants and its competitors.
Is Darden Restaurants' Cyclically Adjusted Book per Share too high?
Darden Restaurants' current Cyclically Adjusted Book per Share is €18.89. Overall, Darden Restaurants has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Darden Restaurants' Cyclically Adjusted Book per Share compare to YUMC and TXRH?
Darden Restaurants' Cyclically Adjusted Book per Share of €18.89 can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Restaurants company?
A good Cyclically Adjusted Book per Share depends on the Restaurants industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Darden Restaurants and its competitors. Darden Restaurants's current Cyclically Adjusted Book per Share is €18.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Darden Restaurants stock overvalued right now?
Based on GuruFocus' analysis, Darden Restaurants (MIL:1DRI) is currently considered Fairly Valued. The stock's GF Value™ is €183.84, compared to a current price of €179.10 — trading 2.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is €18.89. Darden Restaurants' overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Darden Restaurants (MIL:1DRI), the current Cyclically Adjusted Book per Share is €18.89 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Darden Restaurants (MIL:1DRI) Overvalued in 2026?

Based on GuruFocus' analysis, Darden Restaurants stock appears to be undervalued. The current stock price of €179.10 is trading 2.6% below its estimated GF Value™ of €183.84. GuruFocus considers Darden Restaurants to be Fairly Valued.

Key valuation signals for MIL:1DRI:

  • Cyclically Adjusted Book per Share: €18.89
  • GF Value™: €183.84 vs. price of €179.10 (2.6% below fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the MIL:1DRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Darden Restaurants Business Description

Address 1000 Darden Center Drive, Orlando, FL, USA, 32837
Darden Restaurants is the largest global full-service dining operator, with over $12 billion in system sales across 2,159 company-owned stores at the end of fiscal 2025, spanning the US and Canada. The firm operates 10 banners in four segments, including Olive Garden (43% of sales), LongHorn Steakhouse (25%), and fine dining (21%), which includes The Capital Grille, Ruth's Chris, and Eddie V's. The other 11% of sales comes from smaller concepts such as Yard House and Cheddar's. Darden primarily generates revenue through sales of food and beverage items at its company-owned restaurants. It also earns royalties on sales from 154 franchised locations in US and international markets, which sit within the other segment but are immaterial to consolidated results.
57GF Score

Get the complete analysis for MIL:1DRI

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€179.10
Price
€183.84
GF Value