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Starbucks (UKEX:SBUX) Cyclically Adjusted Book per Share : ₴-73.31 (As of Mar. 2024)


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What is Starbucks Cyclically Adjusted Book per Share?

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.

Starbucks's adjusted book value per share for the three months ended in Mar. 2024 was ₴-297.994. 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 ₴-73.31 for the trailing ten years ended in Mar. 2024.

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 Starbucks was 23.10% per year. The lowest was -80.90% per year. And the median was 10.40% per year.

As of today (2024-05-23), Starbucks's current stock price is ₴3743.00. Starbucks's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₴-73.31. Starbucks's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Starbucks was 5252.50. The lowest was 13.97. And the median was 20.09.


Starbucks Cyclically Adjusted Book per Share Historical Data

The historical data trend for Starbucks'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.

* Premium members only.

Starbucks Cyclically Adjusted Book per Share Chart

Starbucks Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.89 -48.39

Starbucks Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -20.85 -34.01 -48.39 -57.31 -73.31

Competitive Comparison of Starbucks's Cyclically Adjusted Book per Share

For the Restaurants subindustry, Starbucks'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.


Starbucks's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

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

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



Starbucks 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, Starbucks's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-297.994/131.7762*131.7762
=-297.994

Current CPI (Mar. 2024) = 131.7762.

Starbucks Quarterly Data

Book Value per Share CPI Adj_Book
201406 134.813 100.560 176.663
201409 140.498 100.428 184.354
201412 153.729 99.070 204.481
201503 159.917 99.621 211.534
201506 156.933 100.684 205.396
201509 156.500 100.392 205.426
201512 160.844 99.792 212.395
201603 138.969 100.470 182.271
201606 155.875 101.688 201.996
201609 160.941 101.861 208.207
201612 158.910 101.863 205.576
201703 154.665 102.862 198.140
201706 161.467 103.349 205.880
201709 152.082 104.136 192.449
201712 163.246 104.011 206.823
201803 136.143 105.290 170.391
201806 116.681 106.317 144.622
201809 35.688 106.507 44.155
201812 -92.694 105.998 -115.237
201903 -166.293 107.251 -204.320
201906 -143.058 108.070 -174.440
201909 -210.168 108.329 -255.657
201912 -229.923 108.420 -279.454
202003 -257.523 108.902 -311.616
202006 -294.650 108.767 -356.981
202009 -265.745 109.815 -318.890
202012 -268.414 109.897 -321.853
202103 -259.583 111.754 -306.090
202106 -230.432 114.631 -264.896
202109 -180.146 115.734 -205.116
202112 -293.374 117.630 -328.657
202203 -305.401 121.301 -331.775
202206 -301.866 125.017 -318.187
202209 -302.999 125.227 -318.847
202212 -301.699 125.222 -317.491
202303 -296.281 127.348 -306.584
202306 -291.174 128.729 -298.067
202309 -279.518 129.860 -283.644
202312 -304.003 129.419 -309.539
202403 -297.994 131.776 -297.994

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


Starbucks  (UKEX:SBUX) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Starbucks was 5252.50. The lowest was 13.97. And the median was 20.09.


Be Aware

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


Starbucks Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Starbucks's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Starbucks (UKEX:SBUX) Business Description

Industry
Address
2401 Utah Avenue South, Seattle, WA, USA, 98134
Starbucks is one of the most widely recognized restaurant brands in the world, operating more than 38,000 stores across more than 80 countries as of the end of fiscal 2023. The firm operates in three segments: North America, international markets, and channel development (grocery and ready-to-drink beverage). The coffee chain generates revenue from company-operated stores, royalties, sales of equipment and products to license partners, ready-to-drink beverages, packaged coffee sales, and single-serve products.

Starbucks (UKEX:SBUX) Headlines

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