Starbucks (PFTS:SBUX) Cyclically Adjusted PS Ratio: (As of Sep. 06, 2026)

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What is Starbucks Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starbucks  (PFTS:SBUX) 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

PFTS:SBUX vs MCD, CMG, YUM: 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.



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 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)
=8.151/333.9520*333.9520
=8.151

Current CPI (Jun. 2026) = 333.9520.

Starbucks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.865 241.428 5.346
201612 3.899 241.432 5.393
201703 3.614 243.801 4.950
201706 3.879 244.955 5.288
201709 3.926 246.819 5.312
201712 4.234 246.524 5.736
201803 4.288 249.554 5.738
201806 4.545 251.989 6.023
201809 4.674 252.439 6.183
201812 5.292 251.233 7.034
201903 5.042 254.202 6.624
201906 5.579 256.143 7.274
201909 5.596 256.759 7.278
201912 5.959 256.974 7.744
202003 5.078 258.115 6.570
202006 3.613 257.797 4.680
202009 5.261 260.280 6.750
202012 5.705 260.474 7.314
202103 5.628 264.877 7.096
202106 6.320 271.696 7.768
202109 6.858 274.310 8.349
202112 6.842 278.802 8.195
202203 6.617 287.504 7.686
202206 7.081 296.311 7.981
202209 7.301 296.808 8.215
202212 7.558 296.797 8.504
202303 7.565 301.836 8.370
202306 7.969 305.109 8.722
202309 8.157 307.789 8.850
202312 8.263 306.746 8.996
202403 7.542 312.332 8.064
202406 8.024 314.175 8.529
202409 7.978 315.301 8.450
202412 8.255 315.605 8.735
202503 7.686 319.799 8.026
202506 8.296 322.561 8.589
202509 8.387 324.800 8.623
202512 8.683 324.054 8.948
202603 8.338 330.213 8.432
202606 8.151 333.952 8.151

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.


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.