Diageo plc Ratios | P/E, ROE & Valuation

On the Key Ratios page for Diageo plc (DEO), the latest P/E of 29.3 frames valuation, while ROE 15.52% and ROIC 10.93% indicates profitability and capital efficiency. Together with the current ratio of 1.60 and debt-to-equity 2.03, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

DEO Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$35.31$9.11$9.07$9.08$6.67$5.45$5.01$5.32$4.90$4.80
Net Income per Share$3.15$1.06$1.73$1.96$1.70$1.14$0.74$1.31$1.22$1.06
Operating Cash Flow per Share$7.87$1.93$2.71$2.54$1.70$1.56$0.99$1.34$1.24$1.25
Free Cash Flow per Share$5.73$1.21$2.04$1.91$1.22$1.30$0.69$1.07$1.01$1.04
Cash per Share$3.65$1.19$0.51$0.80$1.09$1.23$1.45$0.44$0.37$0.51
Book Value per Share$23.44$5.93$5.40$5.17$4.10$3.61$3.60$4.20$4.72$4.79
Tangible Book Value per Share$-0.76$-0.72$-1.23$-1.24$-1.03$-1.00$-1.22$-0.99$-0.35$-0.21
Interest Debt per Share$41.85$11.34$10.20$9.68$7.13$6.51$7.40$5.40$4.15$3.78
CAPEX per Share$2.15$0.73$0.68$0.63$0.47$0.27$0.30$0.28$0.24$0.21

DEO Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)29.2617.2514.3217.2120.7730.4136.2725.822.3721.41
Price to Book (P/B)4.643.665.527.7610.4911.739.299.756.85.53
Price to Sales (P/S)2.592.012.733.725.36.355.356.345.564.73
Enterprise Value to EBITDA11.319.8810.4711.8519.3722.1217.0620.7218.3516.47
EV to Sales3.643.13.744.656.197.296.57.246.35.38
EV to Operating Cash Flow16.3314.6212.4916.6224.2925.4132.9228.6824.8520.7
EV to Free Cash Flow22.4523.416.6422.0733.6830.6747.1436.1530.6624.8
Enterprise Value$71.42B$62.82B$75.77B$95.48B$95.57B$92.86B$76.37B$93.16B$76.64B$64.84B

DEO Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)15.52%21.23%38.58%45.10%50.53%38.57%25.61%37.79%30.38%25.81%
Return on Invested Capital (ROIC)10.93%7.47%11.90%11.76%11.18%10.53%5.26%12.11%12.31%11.46%
Return on Tangible Assets5.20%6.81%12.62%14.63%16.01%12.55%7.88%16.86%17.63%16.35%
Earnings Yield3.45%5.80%6.99%5.81%4.82%3.29%2.76%3.88%4.47%4.67%
Free Cash Flow Yield6.27%6.61%8.22%5.66%3.47%3.74%2.58%3.16%3.70%4.59%
Dividend Yield3.71%5.66%4.26%2.93%2.10%2.04%2.62%1.99%2.34%2.66%

DEO Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio1.61.631.531.631.531.61.771.341.371.3
Interest Coverage5.285.444.674.958.787.523.747.999.077.84
Income Quality2.51.691.461.281.181.311.60.970.981.11
Debt to Equity2.032.22.142.112.052.142.481.510.88
Debt to Assets47.14%49.47%47.28%46.32%43.87%46.09%50.39%40.12%33.32%31.34%
Net Debt to EBITDA3.273.492.812.352.782.853.012.582.161.99

DEO Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover5.546.475.355.535.534.565.424.33.884.95
Payables Turnover1.232.581.271.246.762.53.492.873.063.43
Inventory Turnover0.750.760.830.860.840.830.810.890.920.98
Days Sales Outstanding65.8556.4168.2766.0465.9580.167.3684.8494.0473.7
Days Payables Outstanding296.53141.22287.35294.0654.03145.91104.54127.07119.25106.46
Days of Inventory on Hand485.93481.93439.57425.06433.5437.96452.68410.46395.01373.42

DEO Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA11.319.8810.4711.8519.3722.1217.0620.7218.3516.47
Market Cap$50.75B$40.62B$55.40B$76.50B$81.84B$80.88B$62.91B$81.53B$67.61B$56.98B
Enterprise Value$71.42B$62.82B$75.77B$95.48B$95.57B$92.86B$76.37B$93.16B$76.64B$64.84B
Dividend Yield3.71%5.66%4.26%2.93%2.10%2.04%2.62%1.99%2.34%2.66%
Payout Ratio105.38%97.62%60.96%50.46%43.60%61.88%94.91%51.36%52.32%56.91%

Frequently Asked Questions

How does Diageo plc’s P/E ratio compare with its history?

On this page, DEO's current P/E is 29.3, compared with a multi-year average around 23.5. A higher P/E versus its own history is a calculated premium versus that average—not a conclusion that the stock is expensive. Cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so the multiple is read with those published figures.

What is Diageo plc market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $50.75B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Diageo plc’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Diageo plc's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Diageo plc compare to its competitors in key financial ratios?

The fastest way to compare Diageo plc with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Diageo plc outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Diageo plc's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Diageo plc is financially strong. Current ratio is about 1.60, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 5.28, implying a stronger ability to cover interest expenses. Debt-to-equity is about 2.03, suggesting higher leverage than a low-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Diageo plc's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Diageo plc is sustaining strong returns (for example ROE at 15.52% and ROIC at 10.93%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.