SBUX (Starbucks) Shiller PE Ratio: 34.79 (As of Aug. 29, 2026) — 21% Below Median

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SBUX Starbucks Corp SBUX
84 GF Score
Price $107.85
GF Value $98.11
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Starbucks Shiller PE Ratio?

Starbucks SBUX +0.55% 84 Shiller PE Ratio is 34.79 as of Aug. 29, 2026, which is 21% below its 10-year median of 44.12. GuruFocus rates SBUX with a GF Score™ of 84/100 and a GF Value™ of $98.11 (Fairly Valued). The stock has 6 warning signs investors should review. Among 156 Restaurants companies, Starbucks ranks worse than 62.18% on this metric.

As of today (2026-08-29), Starbucks's current share price is $107.85. Starbucks's E10 for the quarter that ended in Jun. 2026 was $3.10. Starbucks's Shiller PE Ratio for today is 34.79.

The historical rank and industry rank for Starbucks's Shiller PE Ratio or its related term are showing as below:

SBUX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.68   Med: 44.12   Max: 68.51
Current: 34.74

During the past years, Starbucks's highest Shiller PE Ratio was 68.51. The lowest was 24.68. And the median was 44.12.

SBUX's Shiller PE Ratio is ranked worse than
62.18% of 156 companies
in the Restaurants industry
Industry Median: 25.215 vs SBUX: 34.74

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.

Starbucks's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.10 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starbucks  (NAS:SBUX) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Starbucks Shiller PE Ratio Related Terms


Starbucks Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Starbucks's Shiller 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 Shiller PE Ratio Chart

Starbucks Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.79 35.62 32.41 32.10 27.78

Starbucks Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 29.83 27.78 28.05 29.38 32.92

SBUX vs MCD, YUM, CMG: Shiller PE Ratio Comparison

For the Restaurants subindustry, Starbucks's Shiller PE Ratio, along with its competitors' market caps and Shiller 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 Shiller PE Ratio vs Restaurants Industry

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

* The bar in red indicates where Starbucks's Shiller PE Ratio falls into.


SBUX
84GF Score
Starbucks Corp SBUX
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starbucks Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Starbucks's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=107.85/3.10
=34.79

* 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 E10 for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.91/333.9520*333.9520
=0.910

Current CPI (Jun. 2026) = 333.9520.

Starbucks Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.540 241.428 0.747
201612 0.510 241.432 0.705
201703 0.450 243.801 0.616
201706 0.470 244.955 0.641
201709 0.540 246.819 0.731
201712 1.570 246.524 2.127
201803 0.470 249.554 0.629
201806 0.610 251.989 0.808
201809 0.560 252.439 0.741
201812 0.610 251.233 0.811
201903 0.530 254.202 0.696
201906 1.120 256.143 1.460
201909 0.670 256.759 0.871
201912 0.740 256.974 0.962
202003 0.280 258.115 0.362
202006 -0.580 257.797 -0.751
202009 0.330 260.280 0.423
202012 0.530 260.474 0.680
202103 0.560 264.877 0.706
202106 0.970 271.696 1.192
202109 1.490 274.310 1.814
202112 0.690 278.802 0.826
202203 0.580 287.504 0.674
202206 0.790 296.311 0.890
202209 0.760 296.808 0.855
202212 0.740 296.797 0.833
202303 0.790 301.836 0.874
202306 0.990 305.109 1.084
202309 1.060 307.789 1.150
202312 0.900 306.746 0.980
202403 0.680 312.332 0.727
202406 0.930 314.175 0.989
202409 0.800 315.301 0.847
202412 0.690 315.605 0.730
202503 0.340 319.799 0.355
202506 0.490 322.561 0.507
202509 0.117 324.800 0.120
202512 0.260 324.054 0.268
202603 0.450 330.213 0.455
202606 0.910 333.952 0.910

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 34.79 mean?
Starbucks (SBUX) has a Shiller PE Ratio of 34.79 as of Aug. 29, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Starbucks and its competitors. This is 21% below median its historical median of 44.12. Over the past decade, Starbucks' Shiller PE Ratio has ranged from 24.68 to 68.51. According to the industry distribution chart, Starbucks ranks #97 out of 156 companies in the Restaurants industry, placing it in the top 62.2%.
Is Starbucks' Shiller PE Ratio too high?
Starbucks' current Shiller PE Ratio of 34.79 is 21% below median its 10-year median of 44.12. Over the past 10 years, this metric has ranged from a low of 24.68 to a high of 68.51. The Restaurants industry median Shiller PE Ratio is 25.22. Starbucks' value of 34.79 is 38% above this industry median. Based on the distribution chart, Starbucks ranks #97 out of 156 companies in the Restaurants industry, which is below the industry midpoint. Overall, Starbucks has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Starbucks' Shiller PE Ratio compare to MCD and YUM?
According to the Restaurants industry distribution chart, Starbucks ranks #97 out of 156 companies for Shiller PE Ratio. This places Starbucks in the lower half of its industry. The industry median Shiller PE Ratio is 25.22. Starbucks' value of 34.79 is 38% above this benchmark. Historically, Starbucks' own Shiller PE Ratio has ranged from 24.68 to 68.51 over the past decade. While the company's 10-year median is 44.12 vs. the industry median of 25.22, 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 Shiller PE Ratio for a Restaurants company?
The median Shiller PE Ratio among Restaurants companies is 25.22, based on 156 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Starbucks's current Shiller PE Ratio of 34.79 is 38% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Starbucks and its competitors. For the Restaurants industry, the median Shiller PE Ratio is 25.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starbucks's current Shiller PE Ratio is 34.79, which is 21% below median its own 10-year median of 44.12. 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 $98.11, compared to a current price of $107.85 — trading 9.9% above its estimated fair value. The current Shiller PE Ratio is 34.79, which is 21% below median its 10-year median of 44.12 and 38% above the Restaurants industry median of 25.22. 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 Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Starbucks (SBUX), the current Shiller PE Ratio is 34.79 as of Aug. 29, 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 $107.85 is trading 9.9% above its estimated GF Value™ of $98.11. GuruFocus considers Starbucks to be Fairly Valued.

Key valuation signals for SBUX:

  • Shiller PE Ratio: 34.79 (21% below median its 10-year median of 44.12)
  • GF Value™: $98.11 vs. price of $107.85 (9.9% above fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 38% above the Restaurants median (#97 of 156)

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 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

Get the complete analysis for SBUX

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

$107.85
Price
$98.11
GF Value