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Starbucks (UKEX:SBUX) Cyclically Adjusted PS Ratio : 3.78 (As of May. 23, 2024)


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What is Starbucks Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Starbucks's current share price is ₴3743.00. Starbucks's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₴989.10. Starbucks's Cyclically Adjusted PS Ratio for today is 3.78.

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

UKEX:SBUX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.03   Med: 5.55   Max: 7.62
Current: 3.34

During the past years, Starbucks's highest Cyclically Adjusted PS Ratio was 7.62. The lowest was 3.03. And the median was 5.55.

UKEX:SBUX's Cyclically Adjusted PS Ratio is ranked worse than
89.84% of 246 companies
in the Restaurants industry
Industry Median: 0.79 vs UKEX:SBUX: 3.34

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.

Starbucks's adjusted revenue per share data for the three months ended in Mar. 2024 was ₴301.282. 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 ₴989.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starbucks Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Starbucks'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.

Starbucks Cyclically Adjusted PS Ratio Chart

Starbucks Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.59 5.82 6.43 4.15 3.98

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 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 4.84 4.45 3.98 4.12 3.78

Competitive Comparison of Starbucks's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Starbucks'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.


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

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

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



Starbucks 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.

Starbucks's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3743.00/989.1
=3.78

* 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.

Starbucks's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=301.282/131.7762*131.7762
=301.282

Current CPI (Mar. 2024) = 131.7762.

Starbucks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 109.023 100.560 142.867
201409 109.746 100.428 144.003
201412 126.502 99.070 168.265
201503 120.213 99.621 159.015
201506 128.650 100.684 168.379
201509 130.482 100.392 171.274
201512 142.793 99.792 188.559
201603 134.178 100.470 175.987
201606 141.451 101.688 183.304
201609 154.396 101.861 199.740
201612 155.742 101.863 201.478
201703 144.378 102.862 184.962
201706 154.972 103.349 197.598
201709 156.850 104.136 198.483
201712 169.129 104.011 214.277
201803 171.306 105.290 214.400
201806 181.552 106.317 225.028
201809 186.711 106.507 231.010
201812 211.396 105.998 262.807
201903 201.414 107.251 247.473
201906 222.867 108.070 271.756
201909 223.565 108.329 271.953
201912 238.048 108.420 289.329
202003 202.860 108.902 245.471
202006 144.343 108.767 174.878
202009 210.162 109.815 252.191
202012 227.917 109.897 273.293
202103 224.826 111.754 265.106
202106 252.462 114.631 290.221
202109 273.967 115.734 311.941
202112 273.328 117.630 306.200
202203 264.345 121.301 287.173
202206 282.868 125.017 298.162
202209 291.654 125.227 306.908
202212 301.937 125.222 317.741
202303 302.194 127.348 312.703
202306 318.345 128.729 325.881
202309 325.842 129.860 330.651
202312 330.109 129.419 336.120
202403 301.282 131.776 301.282

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.


Starbucks  (UKEX:SBUX) 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.


Starbucks Cyclically Adjusted PS Ratio Related Terms

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


Starbucks (UKEX:SBUX) Business Description

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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