Starbucks (FRA:SRB0) Cyclically Adjusted PS Ratio: 3.53 (As of Aug. 02, 2026) — 32% Below Median

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FRA:SRB0 Starbucks Corp FRA:SRB0
84 GF Score
Price €17.00
GF Value €15.89
! 6 Warning Signs
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What is Starbucks Cyclically Adjusted PS Ratio?

Starbucks FRA:SRB0 -2.86% 84 Cyclically Adjusted PS Ratio is 3.53 as of Aug. 02, 2026, which is 32% below its 10-year median of 5.16. GuruFocus rates FRA:SRB0 with a GF Score™ of 84/100 and a GF Value™ of €15.89. The stock has 6 warning signs investors should review. Among 257 Restaurants companies, Starbucks ranks worse than 91.44% on this metric.

As of today (2026-08-02), Starbucks's current share price is €17.00. Starbucks's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €4.81. Starbucks's Cyclically Adjusted PS Ratio for today is 3.53.

The historical rank and industry rank for Starbucks's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:SRB0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.84   Med: 5.16   Max: 7.62
Current: 3.57

During the past years, Starbucks's highest Cyclically Adjusted PS Ratio was 7.62. The lowest was 2.84. And the median was 5.16.

FRA:SRB0's Cyclically Adjusted PS Ratio is ranked worse than
91.44% of 257 companies
in the Restaurants industry
Industry Median: 0.68 vs FRA:SRB0: 3.57

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Starbucks's adjusted revenue per share data for the three months ended in Jun. 2026 was €1.479. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €4.81 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starbucks  (FRA:SRB0) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Starbucks Cyclically Adjusted PS Ratio Related Terms


Starbucks Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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

Starbucks Cyclically Adjusted PS Ratio Chart

Starbucks Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.43 4.15 3.98 3.86 3.07

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 PS 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 3.39 3.07 3.02 3.11 3.47

FRA:SRB0 vs MCD, YUM, CMG: Cyclically Adjusted PS Ratio Comparison

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

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

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


FRA:SRB0
84GF Score
Starbucks Corp FRA:SRB0
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Starbucks Cyclically Adjusted PS Ratio Calculation

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

Starbucks's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.00/4.81
=3.53

* 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 Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.479/333.9520*333.9520
=1.479

Current CPI (Jun. 2026) = 333.9520.

Starbucks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.720 241.428 0.996
201612 0.773 241.432 1.069
201703 0.707 243.801 0.968
201706 0.722 244.955 0.984
201709 0.689 246.819 0.932
201712 0.748 246.524 1.013
201803 0.727 249.554 0.973
201806 0.814 251.989 1.079
201809 0.838 252.439 1.109
201812 0.973 251.233 1.293
201903 0.933 254.202 1.226
201906 1.032 256.143 1.345
201909 1.063 256.759 1.383
201912 1.122 256.974 1.458
202003 0.961 258.115 1.243
202006 0.671 257.797 0.869
202009 0.934 260.280 1.198
202012 0.981 260.474 1.258
202103 0.989 264.877 1.247
202106 1.097 271.696 1.348
202109 1.219 274.310 1.484
202112 1.266 278.802 1.516
202203 1.256 287.504 1.459
202206 1.401 296.311 1.579
202209 1.542 296.808 1.735
202212 1.492 296.797 1.679
202303 1.478 301.836 1.635
202306 1.538 305.109 1.683
202309 1.598 307.789 1.734
202312 1.585 306.746 1.726
202403 1.451 312.332 1.551
202406 1.559 314.175 1.657
202409 1.503 315.301 1.592
202412 1.649 315.605 1.745
202503 1.487 319.799 1.553
202506 1.504 322.561 1.557
202509 1.494 324.800 1.536
202512 1.551 324.054 1.598
202603 1.508 330.213 1.525
202606 1.479 333.952 1.479

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 3.53 mean?
Starbucks (FRA:SRB0) has a Cyclically Adjusted PS Ratio of 3.53 as of Aug. 02, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Starbucks and its competitors. This is 32% below median its historical median of 5.16. Over the past decade, Starbucks' Cyclically Adjusted PS Ratio has ranged from 2.84 to 7.62. According to the industry distribution chart, Starbucks ranks #235 out of 257 companies in the Restaurants industry, placing it in the top 91.4%.
Is Starbucks' Cyclically Adjusted PS Ratio too high?
Starbucks' current Cyclically Adjusted PS Ratio of 3.53 is 32% below median its 10-year median of 5.16. Over the past 10 years, this metric has ranged from a low of 2.84 to a high of 7.62. The Restaurants industry median Cyclically Adjusted PS Ratio is 0.68. Starbucks' value of 3.53 is 419.1% above this industry median. Based on the distribution chart, Starbucks ranks #235 out of 257 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Starbucks has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Starbucks' Cyclically Adjusted PS Ratio compare to MCD and YUM?
According to the Restaurants industry distribution chart, Starbucks ranks #235 out of 257 companies for Cyclically Adjusted PS Ratio. This places Starbucks in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.68. Starbucks' value of 3.53 is 419.1% above this benchmark. Historically, Starbucks' own Cyclically Adjusted PS Ratio has ranged from 2.84 to 7.62 over the past decade. While the company's 10-year median is 5.16 vs. the industry median of 0.68, Starbucks has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Restaurants company?
The median Cyclically Adjusted PS Ratio among Restaurants companies is 0.68, based on 257 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Starbucks's current Cyclically Adjusted PS Ratio of 3.53 is 419.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Starbucks and its competitors. For the Restaurants industry, the median Cyclically Adjusted PS Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starbucks's current Cyclically Adjusted PS Ratio is 3.53, which is 32% below median its own 10-year median of 5.16. 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 (FRA:SRB0) has a current Cyclically Adjusted PS Ratio of 3.53. The stock's GF Value™ is €15.89, compared to a current price of €17.00 — trading 7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.53, which is 32% below median its 10-year median of 5.16 and 419.1% above the Restaurants industry median of 0.68. Starbucks' overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Starbucks (FRA:SRB0), the current Cyclically Adjusted PS Ratio is 3.53 as of Aug. 02, 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 (FRA:SRB0) Overvalued in 2026?

Based on GuruFocus' analysis, Starbucks stock appears to be overvalued. The current stock price of €17.00 is trading 7% above its estimated GF Value™ of €15.89.

Key valuation signals for FRA:SRB0:

  • Cyclically Adjusted PS Ratio: 3.53 (32% below median its 10-year median of 5.16)
  • GF Value™: €15.89 vs. price of €17.00 (7% above fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 419.1% above the Restaurants median (#235 of 257)

No single metric tells the full story. See the FRA:SRB0 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.
84GF Score

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

€17.00
Price
€15.89
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