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Starbucks (Starbucks) Shiller PE Ratio

: 30.74 (As of Today)
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As of today (2024-04-20), Starbucks's current share price is $87.61. Starbucks's E10 for the quarter that ended in Dec. 2023 was $2.85. Starbucks's Shiller PE Ratio for today is 30.74.

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

SBUX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 29.8   Med: 55.94   Max: 101.83
Current: 30.75

During the past years, Starbucks's highest Shiller PE Ratio was 101.83. The lowest was 29.80. And the median was 55.94.

SBUX's Shiller PE Ratio is ranked worse than
53.57% of 140 companies
in the Restaurants industry
Industry Median: 28.375 vs SBUX: 30.75

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 $0.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.85 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 Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only 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 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 Premium Member Only Premium Member Only Premium Member Only 41.29 41.83 38.41 32.41 33.69

Competitive Comparison

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 Shiller PE Ratio Distribution

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
=87.61/2.85
=30.74

* 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)
=0.9/129.4194*129.4194
=0.900

Current CPI (Dec. 2023) = 129.4194.

Starbucks Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.280 99.695 0.363
201406 0.340 100.560 0.438
201409 0.385 100.428 0.496
201412 0.650 99.070 0.849
201503 0.330 99.621 0.429
201506 0.410 100.684 0.527
201509 0.430 100.392 0.554
201512 0.460 99.792 0.597
201603 0.390 100.470 0.502
201606 0.510 101.688 0.649
201609 0.540 101.861 0.686
201612 0.510 101.863 0.648
201703 0.450 102.862 0.566
201706 0.470 103.349 0.589
201709 0.540 104.136 0.671
201712 1.570 104.011 1.954
201803 0.470 105.290 0.578
201806 0.610 106.317 0.743
201809 0.560 106.507 0.680
201812 0.610 105.998 0.745
201903 0.530 107.251 0.640
201906 1.120 108.070 1.341
201909 0.670 108.329 0.800
201912 0.740 108.420 0.883
202003 0.280 108.902 0.333
202006 -0.580 108.767 -0.690
202009 0.330 109.815 0.389
202012 0.530 109.897 0.624
202103 0.560 111.754 0.649
202106 0.970 114.631 1.095
202109 1.490 115.734 1.666
202112 0.690 117.630 0.759
202203 0.580 121.301 0.619
202206 0.790 125.017 0.818
202209 0.760 125.227 0.785
202212 0.740 125.222 0.765
202303 0.790 127.348 0.803
202306 0.990 128.729 0.995
202309 1.060 129.860 1.056
202312 0.900 129.419 0.900

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  (NAS: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 (Starbucks) 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.
Executives
Sara Kelly officer: evp, chief partner officer 2401 UTAH AVENUE SOUTH, SEATTLE WA 98134
Rachel Ruggeri officer: evp, cfo 2401 UTAH AVENUE SOUTH, #800, SEATTLE WA 98134
Michael Aaron Conway officer: group president International 18 LOVETON CIRCLE, SPARKS MD 21152
Wei Zhang director RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Bradley E Lerman officer: evp, general counsel MEDTRONIC, INC., 710 MEDTRONIC PKWY MSLC300, MINNEAPOLIS MN 55432
Beth Ford director C/O CORPORATE SECRETARY SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012
Zabrina Jenkins officer: Interim evp, general counsel C/O RETAIL OPPORTUNITY INVESTMENT CORP., 11250 EL CAMINO REAL. SUITE 200, SAN DIEGO CA 92130
Clara Shih director 2401 UTAH AVE S, # 800, SEATTLE WA 98134
Laxman Narasimhan officer: ceo-elect PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Mellody L Hobson director C/O TELLABS, 1415 W DIEHL RD, NAPERVILLE IL 60563
Allison Richard E Jr director 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Howard D Schultz director, officer: chairman, president and ceo 2401 UTAH AVE SOUTH, SEATTLE WA 98134
Angela Lis officer: evp, chief partner officer 2401 UTAH AVENUE SOUTH, EX6, SEATTLE WA 98134
Kevin R Johnson director 2401 UTAH AVE. S, SUITE 800, SEATTLE WA 98134
Gina Woods officer: evp, Public Affairs 2401 UTAH AVENUE SOUTH, #800, SEATTLE WA 98134

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