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Starbucks (UKEX:SBUX) Shiller PE Ratio : 31.19 (As of May. 25, 2024)


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What is Starbucks Shiller PE Ratio?

As of today (2024-05-25), Starbucks's current share price is ₴3743.00. Starbucks's E10 for the quarter that ended in Mar. 2024 was ₴120.00. Starbucks's Shiller PE Ratio for today is 31.19.

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

UKEX:SBUX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.95   Med: 55.23   Max: 101.83
Current: 26.9

During the past years, Starbucks's highest Shiller PE Ratio was 101.83. The lowest was 24.95. And the median was 55.23.

UKEX:SBUX's Shiller PE Ratio is ranked better than
51.06% of 141 companies
in the Restaurants industry
Industry Median: 27.97 vs UKEX:SBUX: 26.90

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 Mar. 2024 was ₴27.262. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₴120.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starbucks Shiller PE Ratio Historical Data

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.

* Premium members only.

Starbucks Shiller PE Ratio Chart

Starbucks Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.10 50.80 53.79 35.62 32.41

Starbucks Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 41.83 38.41 32.41 33.69 31.17

Competitive Comparison of Starbucks's Shiller PE Ratio

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's Shiller PE Ratio Distribution in the 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.



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
=3743.00/120
=31.19

* 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 Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=27.262/131.7762*131.7762
=27.262

Current CPI (Mar. 2024) = 131.7762.

Starbucks Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 13.631 100.560 17.862
201409 15.435 100.428 20.253
201412 26.059 99.070 34.662
201503 13.230 99.621 17.500
201506 16.437 100.684 21.513
201509 17.239 100.392 22.628
201512 18.442 99.792 24.353
201603 15.636 100.470 20.508
201606 20.447 101.688 26.497
201609 21.649 101.861 28.007
201612 20.447 101.863 26.452
201703 18.041 102.862 23.112
201706 18.843 103.349 24.026
201709 21.649 104.136 27.395
201712 62.943 104.011 79.745
201803 18.843 105.290 23.583
201806 24.456 106.317 30.312
201809 22.451 106.507 27.778
201812 24.456 105.998 30.404
201903 21.248 107.251 26.107
201906 44.902 108.070 54.752
201909 26.861 108.329 32.675
201912 29.668 108.420 36.059
202003 11.226 108.902 13.584
202006 -23.253 108.767 -28.172
202009 13.230 109.815 15.876
202012 21.248 109.897 25.478
202103 22.451 111.754 26.473
202106 38.888 114.631 44.704
202109 59.736 115.734 68.016
202112 27.663 117.630 30.990
202203 23.253 121.301 25.261
202206 31.672 125.017 33.384
202209 30.469 125.227 32.063
202212 29.668 125.222 31.221
202303 31.672 127.348 32.773
202306 39.690 128.729 40.630
202309 42.497 129.860 43.124
202312 36.082 129.419 36.739
202403 27.262 131.776 27.262

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.


Starbucks  (UKEX: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

Thank you for viewing the detailed overview of Starbucks's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Starbucks (UKEX:SBUX) Business Description

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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