Darden Restaurants (XTER:DDN) Cyclically Adjusted PB Ratio: (As of Aug. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTER:DDN Darden Restaurants Inc XTER:DDN
84 GF Score
Price €180.60
GF Value €170.27
! 6 Warning Signs
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What is Darden Restaurants Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Darden Restaurants  (XTER:DDN) 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

XTER:DDN 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.


XTER:DDN
84GF Score
Darden Restaurants Inc XTER:DDN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 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)
=16.412/335.1230*335.1230
=16.412

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 15.459 326.785 15.853
202605 16.412 335.123 16.412

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.

Is Darden Restaurants (XTER:DDN) Overvalued in 2026?

Based on GuruFocus' analysis, Darden Restaurants stock appears to be overvalued. The current stock price of €180.60 is trading 6.1% above its estimated GF Value™ of €170.27.

Key valuation signals for XTER:DDN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €170.27 vs. price of €180.60 (6.1% above fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the XTER:DDN 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.
84GF Score

Get the complete analysis for XTER:DDN

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

€180.60
Price
€170.27
GF Value