The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Starbucks Forward PE Ratio Related Terms
Starbucks Forward PE Ratio Historical Data
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The historical data trend for Starbucks's Forward PE 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 Forward PE Ratio Chart
Starbucks Annual Data
Trend
2016-09
2017-09
2018-09
2019-09
2020-09
2021-09
2022-09
2023-09
2024-09
2025-09
Forward PE Ratio
25.19
22.37
21.69
28.65
30.86
30.77
25.06
22.42
24.69
31.20
Starbucks Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
31.85
26.95
24.94
25.19
25.97
27.40
23.92
22.37
24.69
23.26
18.35
21.69
23.92
27.47
27.25
28.65
28.99
23.70
26.04
30.86
37.04
38.17
31.55
30.77
34.25
26.04
21.98
25.06
29.15
30.86
24.33
22.42
23.20
22.37
19.42
24.69
29.59
33.12
31.30
31.20
35.91
37.88
SBUX vs MCD, YUM, CMG: Forward PE Ratio Comparison
For the Restaurants subindustry, Starbucks's Forward PE Ratio, along with its competitors' market caps and Forward PE 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 Forward PE Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Starbucks's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Starbucks's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Starbucks (SBUX) has a Forward PE Ratio of 34.02 as of Jul. 07, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Starbucks and its competitors. According to the industry distribution chart, Starbucks ranks #128 out of 158 companies in the Restaurants industry, placing it in the top 81%.
Is Starbucks' Forward PE Ratio too high?
Starbucks' current Forward PE Ratio is 34.02. The Restaurants industry median Forward PE Ratio is 18.31. Starbucks' value of 34.02 is 85.8% above this industry median. Based on the distribution chart, Starbucks ranks #128 out of 158 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Starbucks has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Starbucks' Forward PE Ratio compare to MCD and YUM?
According to the Restaurants industry distribution chart, Starbucks ranks #128 out of 158 companies for Forward PE Ratio. This places Starbucks in the lower half of its industry. The industry median Forward PE Ratio is 18.31. Starbucks' value of 34.02 is 85.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Restaurants company?
The median Forward PE Ratio among Restaurants companies is 18.31, based on 158 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Starbucks's current Forward PE Ratio of 34.02 is 85.8% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Starbucks and its competitors. For the Restaurants industry, the median Forward PE Ratio is 18.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starbucks's current Forward PE Ratio is 34.02. 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?
Based on GuruFocus' analysis, Starbucks (SBUX) is currently considered Fairly Valued. The stock's GF Value™ is $98.64, compared to a current price of $103.39 — trading 4.8% above its estimated fair value. The current Forward PE Ratio is 34.02 and 85.8% above the Restaurants industry median of 18.31. Starbucks' overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Starbucks (SBUX), the current Forward PE Ratio is 34.02 as of Jul. 07, 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 (SBUX) Overvalued in 2026?
Based on GuruFocus' analysis, Starbucks stock appears to be overvalued.
The current stock price of $103.39 is trading 4.8% above its estimated GF Value™ of $98.64.
GuruFocus considers Starbucks to be Fairly Valued.
Key valuation signals for SBUX:
Forward PE Ratio: 34.02
GF Value™: $98.64 vs. price of $103.39 (4.8% above fair value)
Industry Position: 85.8% above the Restaurants median (#128 of 158)
No single metric tells the full story. See the SBUX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
81GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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