Starbucks (XBUL:SRB) Cyclically Adjusted Book per Share: лв-4.34 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XBUL:SRB Starbucks Corp XBUL:SRB
83 GF Score
Price лв93.99
GF Value лв93.25
! 7 Warning Signs
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What is Starbucks Cyclically Adjusted Book per Share?

Starbucks XBUL:SRB 83 Cyclically Adjusted Book per Share is лв-4.34 as of Jun. 2026. GuruFocus rates XBUL:SRB with a GF Score™ of 83/100 and a GF Value™ of лв93.25. The stock has 7 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Starbucks's adjusted book value per share for the three months ended in Jun. 2026 was лв-11.335. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is лв-4.34 for the trailing ten years ended in Jun. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Starbucks was 23.10% per year. The lowest was -80.90% per year. And the median was 10.40% per year.

As of today (2026-09-15), Starbucks's current stock price is лв93.99. Starbucks's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was лв-4.34. Starbucks's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Starbucks was 5252.50. The lowest was 14.16. And the median was 29.56.


Starbucks  (XBUL:SRB) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Starbucks was 5252.50. The lowest was 14.16. And the median was 29.56.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Starbucks Cyclically Adjusted Book per Share Related Terms


Starbucks Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Starbucks's Cyclically Adjusted Book per Share 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.

Starbucks Cyclically Adjusted Book per Share Chart

Starbucks Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -2.08 -4.09

Starbucks Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share 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 -3.43 -4.09 -4.45 -4.58 -4.34

XBUL:SRB vs MCD, CMG, YUM: Cyclically Adjusted Book per Share Comparison

For the Restaurants subindustry, Starbucks's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio vs Restaurants Industry

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

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


XBUL:SRB
83GF Score
Starbucks Corp XBUL:SRB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Starbucks Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, Starbucks's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-11.335/333.9520*333.9520
=-11.335

Current CPI (Jun. 2026) = 333.9520.

Starbucks Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.782 241.428 9.381
201612 6.697 241.432 9.263
201703 6.518 243.801 8.928
201706 6.804 244.955 9.276
201709 6.409 246.819 8.672
201712 6.879 246.524 9.319
201803 5.737 249.554 7.677
201806 4.917 251.989 6.516
201809 1.504 252.439 1.990
201812 -3.906 251.233 -5.192
201903 -7.008 254.202 -9.207
201906 -6.029 256.143 -7.860
201909 -8.857 256.759 -11.520
201912 -9.689 256.974 -12.591
202003 -10.852 258.115 -14.040
202006 -12.417 257.797 -16.085
202009 -11.199 260.280 -14.369
202012 -11.311 260.474 -14.502
202103 -10.939 264.877 -13.792
202106 -9.711 271.696 -11.936
202109 -7.591 274.310 -9.241
202112 -12.363 278.802 -14.809
202203 -12.870 287.504 -14.949
202206 -12.721 296.311 -14.337
202209 -12.769 296.808 -14.367
202212 -12.714 296.797 -14.306
202303 -12.485 301.836 -13.813
202306 -12.270 305.109 -13.430
202309 -11.779 307.789 -12.780
202312 -12.811 306.746 -13.947
202403 -12.558 312.332 -13.427
202406 -11.804 314.175 -12.547
202409 -11.063 315.301 -11.717
202412 -11.074 315.605 -11.718
202503 -11.294 319.799 -11.794
202506 -11.385 322.561 -11.787
202509 -11.989 324.800 -12.327
202512 -12.397 324.054 -12.776
202603 -12.506 330.213 -12.648
202606 -11.335 333.952 -11.335

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of лв-4.34 mean?
Starbucks (XBUL:SRB) has a Cyclically Adjusted Book per Share of лв-4.34 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Starbucks and its competitors.
Is Starbucks' Cyclically Adjusted Book per Share too high?
Starbucks' current Cyclically Adjusted Book per Share is лв-4.34. Overall, Starbucks has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Starbucks' Cyclically Adjusted Book per Share compare to MCD and CMG?
Starbucks' Cyclically Adjusted Book per Share of лв-4.34 can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Restaurants company?
A good Cyclically Adjusted Book per Share depends on the Restaurants industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Starbucks and its competitors. Starbucks's current Cyclically Adjusted Book per Share is лв-4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starbucks stock overvalued right now?
Starbucks (XBUL:SRB) has a current Cyclically Adjusted Book per Share of лв-4.34. The stock's GF Value™ is лв93.25, compared to a current price of лв93.99 — trading 0.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is лв-4.34. Starbucks' overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Starbucks (XBUL:SRB), the current Cyclically Adjusted Book per Share is лв-4.34 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Starbucks (XBUL:SRB) Overvalued in 2026?

Based on GuruFocus' analysis, Starbucks stock appears to be overvalued. The current stock price of лв93.99 is trading 0.8% above its estimated GF Value™ of лв93.25.

Key valuation signals for XBUL:SRB:

  • Cyclically Adjusted Book per Share: лв-4.34
  • GF Value™: лв93.25 vs. price of лв93.99 (0.8% above fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the XBUL:SRB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Starbucks Business Description

Address 2401 Utah Avenue South, Seattle, WA, USA, 98134
Starbucks stands out as the world's biggest and most recognizable coffee brand, powered by ultracustomizable beverages in-store and a sweeping footprint of nearly 41,000 cafes in over 80 countries. About 52% are company-operated, with the balance run by licensees. The company operates roasteries and sells across its North America (74% of revenue as of the end of fiscal 2025), international (21%), and channel development (5%) segments. The brand collects revenue from company-operated stores, licensee royalties, equipment and product sales, retail ready-to-drink beverages, and packaged coffee.
83GF Score

Get the complete analysis for XBUL:SRB

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

лв93.99
Price
лв93.25
GF Value