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Starbucks (BUE:SBUX) Shiller PE Ratio : 30.98 (As of May. 02, 2024)


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What is Starbucks Shiller PE Ratio?

As of today (2024-05-02), Starbucks's current share price is ARS8090.50. Starbucks's E10 for the quarter that ended in Mar. 2024 was ARS261.15. Starbucks's Shiller PE Ratio for today is 30.98.

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

BUE:SBUX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 25.85   Med: 56   Max: 101.83
Current: 25.85

During the past years, Starbucks's highest Shiller PE Ratio was 101.83. The lowest was 25.85. And the median was 56.00.

BUE:SBUX's Shiller PE Ratio is ranked better than
55.32% of 141 companies
in the Restaurants industry
Industry Median: 27.34 vs BUE:SBUX: 25.85

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 ARS572.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS261.15 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 31.72

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
=8090.50/261.15
=30.98

* 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)
=572.9/129.4194*129.4194
=572.900

Current CPI (Mar. 2024) = 129.4194.

Starbucks Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 2.762 100.560 3.555
201409 3.241 100.428 4.177
201412 5.558 99.070 7.261
201503 2.911 99.621 3.782
201506 3.725 100.684 4.788
201509 4.043 100.392 5.212
201512 5.954 99.792 7.722
201603 5.696 100.470 7.337
201606 7.130 101.688 9.074
201609 8.055 101.861 10.234
201612 8.085 101.863 10.272
201703 6.938 102.862 8.729
201706 7.749 103.349 9.704
201709 9.463 104.136 11.761
201712 29.979 104.011 37.302
201803 9.470 105.290 11.640
201806 15.213 106.317 18.519
201809 20.607 106.507 25.040
201812 23.000 105.998 28.082
201903 20.718 107.251 25.000
201906 50.040 108.070 59.926
201909 37.470 108.329 44.765
201912 44.232 108.420 52.799
202003 17.379 108.902 20.653
202006 -39.707 108.767 -47.246
202009 24.499 109.815 28.873
202012 43.131 109.897 50.793
202103 50.445 111.754 58.419
202106 91.888 114.631 103.742
202109 145.692 115.734 162.919
202112 69.683 117.630 76.667
202203 62.276 121.301 66.444
202206 95.061 125.017 98.409
202209 105.602 125.227 109.138
202212 124.061 125.222 128.220
202303 156.065 127.348 158.604
202306 237.600 128.729 238.875
202309 370.947 129.860 369.690
202312 324.900 129.419 324.900
202403 572.900 129.419 572.900

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  (BUE: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 (BUE: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 (BUE:SBUX) Headlines