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Starbucks (UKEX:SBUX) Shiller PE Ratio : 31.73 (As of May. 11, 2024)


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What is Starbucks Shiller PE Ratio?

As of today (2024-05-11), Starbucks's current share price is ₴3743.00. Starbucks's E10 for the quarter that ended in Mar. 2024 was ₴117.95. Starbucks's Shiller PE Ratio for today is 31.73.

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

UKEX:SBUX' 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.

UKEX:SBUX's Shiller PE Ratio is ranked better than
54.61% of 141 companies
in the Restaurants industry
Industry Median: 27.54 vs UKEX:SBUX: 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 ₴26.890. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₴117.95 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
=3743.00/117.95
=31.73

* 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)
=26.89/129.4194*129.4194
=26.890

Current CPI (Mar. 2024) = 129.4194.

Starbucks Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 13.445 100.560 17.304
201409 15.225 100.428 19.620
201412 25.704 99.070 33.578
201503 13.050 99.621 16.953
201506 16.213 100.684 20.840
201509 17.004 100.392 21.921
201512 18.190 99.792 23.590
201603 15.422 100.470 19.866
201606 20.168 101.688 25.668
201609 21.354 101.861 27.131
201612 20.168 101.863 25.624
201703 17.795 102.862 22.389
201706 18.586 103.349 23.274
201709 21.354 104.136 26.539
201712 62.084 104.011 77.250
201803 18.586 105.290 22.845
201806 24.122 106.317 29.364
201809 22.145 106.507 26.909
201812 24.122 105.998 29.452
201903 20.958 107.251 25.290
201906 44.290 108.070 53.040
201909 26.495 108.329 31.653
201912 29.263 108.420 34.931
202003 11.072 108.902 13.158
202006 -22.936 108.767 -27.291
202009 13.050 109.815 15.380
202012 20.958 109.897 24.681
202103 22.145 111.754 25.645
202106 38.358 114.631 43.306
202109 58.921 115.734 65.888
202112 27.286 117.630 30.021
202203 22.936 121.301 24.471
202206 31.240 125.017 32.340
202209 30.054 125.227 31.060
202212 29.263 125.222 30.244
202303 31.240 127.348 31.748
202306 39.149 128.729 39.359
202309 41.917 129.860 41.775
202312 35.590 129.419 35.590
202403 26.890 129.419 26.890

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  (UKEX:SBUX) 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

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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