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Darden Restaurants (BSP:D1RI34) Cyclically Adjusted PS Ratio : 2.23 (As of May. 16, 2024)


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What is Darden Restaurants Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Darden Restaurants's current share price is R$190.19. Darden Restaurants's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was R$85.35. Darden Restaurants's Cyclically Adjusted PS Ratio for today is 2.23.

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

BSP:D1RI34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.71   Max: 2.6
Current: 1.99

During the past years, Darden Restaurants's highest Cyclically Adjusted PS Ratio was 2.60. The lowest was 0.66. And the median was 1.71.

BSP:D1RI34's Cyclically Adjusted PS Ratio is ranked worse than
81.22% of 245 companies
in the Restaurants industry
Industry Median: 0.79 vs BSP:D1RI34: 1.99

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Darden Restaurants's adjusted revenue per share data for the three months ended in Feb. 2024 was R$30.643. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$85.35 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Darden Restaurants Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Darden Restaurants's Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Chart

Darden Restaurants Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 1.32 2.38 1.84 2.16

Darden Restaurants Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted PS 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 2.04 2.16 2.08 2.07 2.24

Competitive Comparison of Darden Restaurants's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Darden Restaurants's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

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

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



Darden Restaurants Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=190.19/85.35
=2.23

* 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 Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=30.643/130.9299*130.9299
=30.643

Current CPI (Feb. 2024) = 130.9299.

Darden Restaurants Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 6.828 100.373 8.907
201408 6.846 100.352 8.932
201411 7.791 99.635 10.238
201502 9.606 99.032 12.700
201505 11.168 100.333 14.574
201508 11.467 100.548 14.932
201511 11.722 100.135 15.327
201602 14.150 100.040 18.519
201605 12.340 101.355 15.941
201608 10.854 101.617 13.985
201611 10.970 101.829 14.105
201702 11.586 102.779 14.759
201705 12.241 103.256 15.522
201708 11.969 103.587 15.128
201711 12.229 104.072 15.385
201802 13.761 105.052 17.151
201805 15.414 106.148 19.013
201808 16.113 106.383 19.831
201811 14.848 106.338 18.282
201902 16.734 106.649 20.544
201905 17.823 108.048 21.597
201908 17.220 108.245 20.829
201911 17.272 108.519 20.839
202002 20.766 109.139 24.912
202005 14.383 108.175 17.408
202008 15.952 109.662 19.046
202011 17.158 109.793 20.461
202102 17.767 110.968 20.963
202105 22.694 113.576 26.161
202108 22.976 115.421 26.063
202111 24.232 117.269 27.055
202202 24.825 119.703 27.153
202205 25.685 123.323 27.269
202208 25.371 124.958 26.584
202211 26.602 125.607 27.729
202302 29.459 126.928 30.388
202305 28.265 128.314 28.841
202308 27.425 129.538 27.720
202311 27.646 129.548 27.941
202402 30.643 130.930 30.643

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Darden Restaurants  (BSP:D1RI34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Darden Restaurants Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Darden Restaurants's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Darden Restaurants (BSP:D1RI34) 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.

Darden Restaurants (BSP:D1RI34) Headlines

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