Darden Restaurants (MEX:DRI) Cyclically Adjusted PB Ratio: 9.32 (As of Aug. 12, 2026) — 33% Above Median

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Director of Data and Quant Analytics at GuruFocus
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MEX:DRI Darden Restaurants Inc MEX:DRI
87 GF Score
Price MXN3,470.00
GF Value MXN3,340.01
! 5 Warning Signs
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What is Darden Restaurants Cyclically Adjusted PB Ratio?

Darden Restaurants MEX:DRI 87 Cyclically Adjusted PB Ratio is 9.32 as of Aug. 12, 2026, which is 33% above its 10-year median of 6.99. GuruFocus rates MEX:DRI with a GF Score™ of 87/100 and a GF Value™ of MXN3,340.01. The stock has 5 warning signs investors should review. Among 254 Restaurants companies, Darden Restaurants ranks worse than 94.09% on this metric.

As of today (2026-08-12), Darden Restaurants's current share price is MXN3470.00. Darden Restaurants's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was MXN372.34. Darden Restaurants's Cyclically Adjusted PB Ratio for today is 9.32.

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

MEX:DRI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.22   Med: 6.99   Max: 10.58
Current: 10

During the past years, Darden Restaurants's highest Cyclically Adjusted PB Ratio was 10.58. The lowest was 2.22. And the median was 6.99.

MEX:DRI's Cyclically Adjusted PB Ratio is ranked worse than
94.09% of 254 companies
in the Restaurants industry
Industry Median: 1.8 vs MEX:DRI: 10.00

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 adjusted book value per share data for the three months ended in May. 2026 was MXN335.732. 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 MXN372.34 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Darden Restaurants  (MEX:DRI) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Darden Restaurants Cyclically Adjusted PB Ratio Related Terms


Darden Restaurants Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Darden Restaurants's Cyclically Adjusted PB 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.

Darden Restaurants Cyclically Adjusted PB Ratio Chart

Darden Restaurants Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.14 7.57 7.06 10.04 9.32

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 PB Ratio 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 10.04 9.69 8.44 10.00 9.32

MEX:DRI vs YUMC, TXRH, DPZ: Cyclically Adjusted PB Ratio 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.


MEX:DRI
87GF Score
Darden Restaurants Inc MEX:DRI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Darden Restaurants Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3470.00/372.34
=9.32

* 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 Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

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)
=335.732/335.1230*335.1230
=335.732

Current CPI (May. 2026) = 335.1230.

Darden Restaurants Quarterly Data

Book Value per Share CPI Adj_Book
201608 275.857 240.849 383.834
201611 305.352 241.353 423.987
201702 317.286 243.603 436.488
201705 312.612 244.733 428.073
201708 296.096 245.519 404.158
201711 298.069 246.669 404.955
201802 323.404 248.991 435.277
201805 355.327 251.588 473.307
201808 352.224 252.146 468.135
201811 369.815 252.038 491.726
201902 362.770 252.776 480.950
201905 382.023 256.092 499.917
201908 389.769 256.558 509.127
201911 365.689 257.208 476.466
202002 382.310 258.678 495.291
202005 397.884 256.394 520.059
202008 399.117 259.918 514.598
202011 379.583 260.229 488.827
202102 412.082 263.014 525.060
202105 428.753 269.195 533.758
202108 425.013 273.567 520.646
202111 425.214 277.948 512.682
202202 371.020 283.716 438.246
202205 349.028 292.296 400.167
202208 338.445 296.171 382.957
202211 321.056 297.711 361.402
202302 309.623 300.840 344.907
202305 322.736 304.127 355.629
202308 300.417 307.026 327.909
202311 296.581 307.051 323.696
202402 311.573 310.326 336.470
202405 320.613 314.069 342.106
202408 358.352 314.796 381.491
202411 360.124 315.493 382.531
202502 386.144 319.082 405.556
202505 383.724 321.465 400.027
202508 360.618 323.976 373.026
202511 330.558 324.122 341.777
202602 315.888 326.785 323.948
202605 335.732 335.123 335.732

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

What does a Cyclically Adjusted PB Ratio of 9.32 mean?
Darden Restaurants (MEX:DRI) has a Cyclically Adjusted PB Ratio of 9.32 as of Aug. 12, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Darden Restaurants and its competitors. This is 33% above median its historical median of 6.99. Over the past decade, Darden Restaurants' Cyclically Adjusted PB Ratio has ranged from 2.22 to 10.58. According to the industry distribution chart, Darden Restaurants ranks #239 out of 254 companies in the Restaurants industry, placing it in the top 94.1%.
Is Darden Restaurants' Cyclically Adjusted PB Ratio too high?
Darden Restaurants' current Cyclically Adjusted PB Ratio of 9.32 is 33% above median its 10-year median of 6.99. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 10.58. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.80. Darden Restaurants' value of 9.32 is 417.8% above this industry median. Based on the distribution chart, Darden Restaurants ranks #239 out of 254 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Darden Restaurants has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Darden Restaurants' Cyclically Adjusted PB Ratio compare to YUMC and TXRH?
According to the Restaurants industry distribution chart, Darden Restaurants ranks #239 out of 254 companies for Cyclically Adjusted PB Ratio. This places Darden Restaurants in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.80. Darden Restaurants' value of 9.32 is 417.8% above this benchmark. Historically, Darden Restaurants' own Cyclically Adjusted PB Ratio has ranged from 2.22 to 10.58 over the past decade. While the company's 10-year median is 6.99 vs. the industry median of 1.80, Darden Restaurants has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Restaurants company?
The median Cyclically Adjusted PB Ratio among Restaurants companies is 1.80, based on 254 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Darden Restaurants's current Cyclically Adjusted PB Ratio of 9.32 is 417.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Darden Restaurants and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Darden Restaurants's current Cyclically Adjusted PB Ratio is 9.32, which is 33% above median its own 10-year median of 6.99. 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?
Darden Restaurants (MEX:DRI) has a current Cyclically Adjusted PB Ratio of 9.32. The stock's GF Value™ is MXN3,340.01, compared to a current price of MXN3,470.00 — trading 3.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 9.32, which is 33% above median its 10-year median of 6.99 and 417.8% above the Restaurants industry median of 1.80. Darden Restaurants' overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Darden Restaurants (MEX:DRI), the current Cyclically Adjusted PB Ratio is 9.32 as of Aug. 12, 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 (MEX:DRI) Overvalued in 2026?

Based on GuruFocus' analysis, Darden Restaurants stock appears to be overvalued. The current stock price of MXN3,470.00 is trading 3.9% above its estimated GF Value™ of MXN3,340.01.

Key valuation signals for MEX:DRI:

  • Cyclically Adjusted PB Ratio: 9.32 (33% above median its 10-year median of 6.99)
  • GF Value™: MXN3,340.01 vs. price of MXN3,470.00 (3.9% above fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 417.8% above the Restaurants median (#239 of 254)

No single metric tells the full story. See the MEX:DRI 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.
87GF Score

Get the complete analysis for MEX:DRI

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

MXN3,470.00
Price
MXN3,340.01
GF Value