GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Starbucks Corp (WBO:SBUX) » Definitions » Shiller PE Ratio
中文

Starbucks (WBO:SBUX) Shiller PE Ratio : 31.88 (As of Apr. 24, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Starbucks Shiller PE Ratio?

As of today (2024-04-24), Starbucks's current share price is €82.25. Starbucks's E10 for the quarter that ended in Dec. 2023 was €2.58. Starbucks's Shiller PE Ratio for today is 31.88.

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

WBO:SBUX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 29.8   Med: 55.77   Max: 101.83
Current: 30.84

During the past years, Starbucks's highest Shiller PE Ratio was 101.83. The lowest was 29.80. And the median was 55.77.

WBO:SBUX's Shiller PE Ratio is ranked worse than
53.57% of 140 companies
in the Restaurants industry
Industry Median: 27.885 vs WBO:SBUX: 30.84

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 Dec. 2023 was €0.825. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.58 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 41.29 41.83 38.41 32.41 33.69

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
=82.25/2.58
=31.88

* 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 Dec. 2023 is calculated as:

For example, Starbucks's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.825/129.4194*129.4194
=0.825

Current CPI (Dec. 2023) = 129.4194.

Starbucks Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.202 99.695 0.262
201406 0.250 100.560 0.322
201409 0.299 100.428 0.385
201412 0.527 99.070 0.688
201503 0.305 99.621 0.396
201506 0.365 100.684 0.469
201509 0.383 100.392 0.494
201512 0.422 99.792 0.547
201603 0.350 100.470 0.451
201606 0.454 101.688 0.578
201609 0.481 101.861 0.611
201612 0.483 101.863 0.614
201703 0.421 102.862 0.530
201706 0.418 103.349 0.523
201709 0.453 104.136 0.563
201712 1.327 104.011 1.651
201803 0.381 105.290 0.468
201806 0.522 106.317 0.635
201809 0.480 106.507 0.583
201812 0.536 105.998 0.654
201903 0.469 107.251 0.566
201906 0.991 108.070 1.187
201909 0.608 108.329 0.726
201912 0.666 108.420 0.795
202003 0.253 108.902 0.301
202006 -0.515 108.767 -0.613
202009 0.280 109.815 0.330
202012 0.436 109.897 0.513
202103 0.470 111.754 0.544
202106 0.805 114.631 0.909
202109 1.267 115.734 1.417
202112 0.611 117.630 0.672
202203 0.527 121.301 0.562
202206 0.747 125.017 0.773
202209 0.768 125.227 0.794
202212 0.699 125.222 0.722
202303 0.738 127.348 0.750
202306 0.914 128.729 0.919
202309 0.993 129.860 0.990
202312 0.825 129.419 0.825

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  (WBO: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

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 (WBO: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 (WBO:SBUX) Headlines

From GuruFocus

Starbucks Corp - 2020 Biennial Investor Day Transcript

By GuruFocus Research 01-23-2024

Q2 2023 Starbucks Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2020 Starbucks Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2022 Starbucks Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2022 Starbucks Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Starbucks Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024