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Starbucks (UKEX:SBUX) Cyclically Adjusted Revenue per Share : ₴989.10 (As of Mar. 2024)


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What is Starbucks Cyclically Adjusted Revenue per Share?

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 Revenue per Share and 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 for the three months ended in Mar. 2024 was ₴302.361. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ₴989.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Starbucks's average Cyclically Adjusted Revenue Growth Rate was 12.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.80% per year. 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Starbucks was 28.10% per year. The lowest was 11.20% per year. And the median was 15.80% per year.

As of today (2024-05-25), Starbucks's current stock price is ₴3743.00. Starbucks's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₴989.10. Starbucks's Cyclically Adjusted PS Ratio of today is 3.78.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Starbucks was 7.62. The lowest was 3.03. And the median was 5.55.


Starbucks Cyclically Adjusted Revenue per Share Historical Data

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

* Premium members only.

Starbucks Cyclically Adjusted Revenue per Share Chart

Starbucks Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 901.32 939.95

Starbucks Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue 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 773.91 840.34 939.95 908.75 989.10

Competitive Comparison of Starbucks's Cyclically Adjusted Revenue per Share

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's Cyclically Adjusted PS Ratio Distribution in the 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 Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

For example, Starbucks's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=302.361/131.7762*131.7762
=302.361

Current CPI (Mar. 2024) = 131.7762.

Starbucks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 109.413 100.560 143.378
201409 110.139 100.428 144.519
201412 126.956 99.070 168.869
201503 120.644 99.621 159.585
201506 129.111 100.684 168.982
201509 130.950 100.392 171.888
201512 143.305 99.792 189.235
201603 134.659 100.470 176.618
201606 141.958 101.688 183.961
201609 154.950 101.861 200.457
201612 156.300 101.863 202.200
201703 144.896 102.862 185.625
201706 155.527 103.349 198.306
201709 157.412 104.136 199.194
201712 169.735 104.011 215.045
201803 171.920 105.290 215.168
201806 182.202 106.317 225.833
201809 187.380 106.507 231.837
201812 212.153 105.998 263.748
201903 202.136 107.251 248.360
201906 223.665 108.070 272.729
201909 224.366 108.329 272.928
201912 238.901 108.420 290.366
202003 203.587 108.902 246.350
202006 144.860 108.767 175.504
202009 210.915 109.815 253.095
202012 228.733 109.897 274.272
202103 225.632 111.754 266.056
202106 253.367 114.631 291.262
202109 274.948 115.734 313.058
202112 274.308 117.630 307.298
202203 265.292 121.301 288.202
202206 283.881 125.017 299.230
202209 292.699 125.227 308.008
202212 303.019 125.222 318.880
202303 303.277 127.348 313.823
202306 319.486 128.729 327.049
202309 327.009 129.860 331.836
202312 331.292 129.419 337.325
202403 302.361 131.776 302.361

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


Starbucks  (UKEX:SBUX) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3743.00/989.1
=3.78

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Starbucks was 7.62. The lowest was 3.03. And the median was 5.55.


Be Aware

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


Starbucks Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Starbucks's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Starbucks (UKEX:SBUX) Business Description

Industry
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.

Starbucks (UKEX:SBUX) Headlines

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