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Starbucks (MEX:SBUX) Cyclically Adjusted PB Ratio : (As of Jun. 27, 2025)


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What is Starbucks Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Starbucks Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Starbucks's Cyclically Adjusted PB 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.

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Starbucks Cyclically Adjusted PB Ratio Chart

Starbucks Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.29 96.99 3,966.15 - -

Starbucks Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB 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 - - - - -

Competitive Comparison of Starbucks's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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Starbucks Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Starbucks's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Starbucks's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-137.249/134.9266*134.9266
=-137.249

Current CPI (Mar. 2025) = 134.9266.

Starbucks Quarterly Data

Book Value per Share CPI Adj_Book
201506 61.638 100.684 82.601
201509 66.199 100.392 88.972
201512 69.233 99.792 93.608
201603 59.883 100.470 80.420
201606 72.160 101.688 95.747
201609 77.898 101.861 103.185
201612 82.012 101.863 108.633
201703 72.899 102.862 95.623
201706 73.062 103.349 95.386
201709 69.089 104.136 89.517
201712 80.256 104.011 104.111
201803 61.915 105.290 79.343
201806 57.392 106.317 72.836
201809 16.710 106.507 21.169
201812 -45.560 105.998 -57.994
201903 -80.749 107.251 -101.586
201906 -68.789 108.070 -85.884
201909 -103.863 108.329 -129.364
201912 -108.550 108.420 -135.088
202003 -151.156 108.902 -187.279
202006 -170.249 108.767 -211.195
202009 -146.955 109.815 -180.560
202012 -133.656 109.897 -164.097
202103 -132.826 111.754 -160.367
202106 -114.823 114.631 -135.152
202109 -92.724 115.734 -108.100
202112 -150.652 117.630 -172.805
202203 -152.219 121.301 -169.318
202206 -152.021 125.017 -164.071
202209 -152.568 125.227 -164.386
202212 -147.239 125.222 -158.650
202303 -133.685 127.348 -141.641
202306 -124.959 128.729 -130.975
202309 -121.880 129.860 -126.636
202312 -129.173 129.419 -134.670
202403 -123.800 131.776 -126.760
202406 -128.462 132.554 -130.762
202409 -129.397 133.029 -131.243
202412 -137.196 133.157 -139.019
202503 -137.249 134.927 -137.249

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


Starbucks  (MEX:SBUX) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Starbucks Cyclically Adjusted PB Ratio Related Terms

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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 40,000 stores across more than 80 countries as of the end of fiscal 2024. 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.