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Starbucks (BSP:SBUB34) Shiller PE Ratio : 27.20 (As of May. 13, 2024)


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What is Starbucks Shiller PE Ratio?

As of today (2024-05-13), Starbucks's current share price is R$391.95. Starbucks's E10 for the quarter that ended in Mar. 2024 was R$14.41. Starbucks's Shiller PE Ratio for today is 27.20.

The historical rank and industry rank for Starbucks's Shiller PE Ratio or its related term are showing as below:

BSP:SBUB34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 25.39   Med: 55.42   Max: 101.83
Current: 26.42

During the past years, Starbucks's highest Shiller PE Ratio was 101.83. The lowest was 25.39. And the median was 55.42.

BSP:SBUB34's Shiller PE Ratio is ranked better than
54.61% of 141 companies
in the Restaurants industry
Industry Median: 27.49 vs BSP:SBUB34: 26.42

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.

Starbucks's adjusted earnings per share data for the three months ended in Mar. 2024 was R$3.386. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$14.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starbucks Shiller PE Ratio Historical Data

The historical data trend for Starbucks's Shiller PE 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 Shiller PE Ratio Chart

Starbucks Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.10 50.80 53.79 35.62 32.41

Starbucks Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 41.83 38.41 32.41 33.69 31.72

Competitive Comparison of Starbucks's Shiller PE Ratio

For the Restaurants subindustry, Starbucks's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the Restaurants Industry

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

* The bar in red indicates where Starbucks's Shiller PE Ratio falls into.



Starbucks Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Starbucks's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=391.95/14.41
=27.20

* 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 E10 for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.386/129.4194*129.4194
=3.386

Current CPI (Mar. 2024) = 129.4194.

Starbucks Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.760 100.560 0.978
201409 0.900 100.428 1.160
201412 1.717 99.070 2.243
201503 1.037 99.621 1.347
201506 1.276 100.684 1.640
201509 1.678 100.392 2.163
201512 1.785 99.792 2.315
201603 1.442 100.470 1.857
201606 1.746 101.688 2.222
201609 1.757 101.861 2.232
201612 1.711 101.863 2.174
201703 1.407 102.862 1.770
201706 1.549 103.349 1.940
201709 1.692 104.136 2.103
201712 5.173 104.011 6.437
201803 1.541 105.290 1.894
201806 2.300 106.317 2.800
201809 2.301 106.507 2.796
201812 2.369 105.998 2.892
201903 2.036 107.251 2.457
201906 4.318 108.070 5.171
201909 2.760 108.329 3.297
201912 3.037 108.420 3.625
202003 1.368 108.902 1.626
202006 -3.009 108.767 -3.580
202009 1.782 109.815 2.100
202012 2.727 109.897 3.211
202103 3.156 111.754 3.655
202106 4.878 114.631 5.507
202109 7.866 115.734 8.796
202112 3.902 117.630 4.293
202203 2.886 121.301 3.079
202206 3.988 125.017 4.128
202209 3.985 125.227 4.118
202212 3.882 125.222 4.012
202303 4.115 127.348 4.182
202306 4.805 128.729 4.831
202309 5.235 129.860 5.217
202312 4.410 129.419 4.410
202403 3.386 129.419 3.386

Add all the adjusted EPS together and divide 10 will get our E10.

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  (BSP:SBUB34) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Starbucks Shiller PE Ratio Related Terms

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


Starbucks (BSP:SBUB34) 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 (BSP:SBUB34) Headlines

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