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Starbucks (BUE:SBUX) Cyclically Adjusted PS Ratio : 3.21 (As of May. 17, 2024)


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What is Starbucks Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Starbucks's current share price is ARS6899.50. Starbucks's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS2,151.77. Starbucks's Cyclically Adjusted PS Ratio for today is 3.21.

The historical rank and industry rank for Starbucks's Cyclically Adjusted PS Ratio or its related term are showing as below:

BUE:SBUX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.08   Med: 5.55   Max: 7.62
Current: 3.19

During the past years, Starbucks's highest Cyclically Adjusted PS Ratio was 7.62. The lowest was 3.08. And the median was 5.55.

BUE:SBUX's Cyclically Adjusted PS Ratio is ranked worse than
89.39% of 245 companies
in the Restaurants industry
Industry Median: 0.79 vs BUE:SBUX: 3.19

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 adjusted revenue per share data for the three months ended in Mar. 2024 was ARS6,353.996. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ARS2,151.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starbucks Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Starbucks's Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Chart

Starbucks Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.59 5.82 6.43 4.15 3.98

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 PS 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 4.84 4.45 3.98 4.12 3.85

Competitive Comparison of Starbucks's Cyclically Adjusted PS Ratio

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 PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Starbucks's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6899.50/2151.77
=3.21

* 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 Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

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)
=6353.996/131.7762*131.7762
=6,353.996

Current CPI (Mar. 2024) = 131.7762.

Starbucks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 22.174 100.560 29.057
201409 23.129 100.428 30.349
201412 27.078 99.070 36.017
201503 26.541 99.621 35.108
201506 29.262 100.684 38.298
201509 30.711 100.392 40.312
201512 46.264 99.792 61.092
201603 49.052 100.470 64.336
201606 49.500 101.688 64.146
201609 57.652 101.861 74.584
201612 61.803 101.863 79.952
201703 55.719 102.862 71.381
201706 63.962 103.349 81.555
201709 68.803 104.136 87.065
201712 80.843 104.011 102.424
201803 86.403 105.290 108.139
201806 113.345 106.317 140.487
201809 171.992 106.507 212.798
201812 199.526 105.998 248.050
201903 197.088 107.251 242.157
201906 249.260 108.070 303.939
201909 312.983 108.329 380.725
201912 356.187 108.420 432.918
202003 315.193 108.902 381.399
202006 247.364 108.767 299.692
202009 390.567 109.815 468.674
202012 464.299 109.897 556.736
202103 506.966 111.754 597.793
202106 598.671 114.631 688.211
202109 670.582 115.734 763.531
202112 690.982 117.630 774.083
202203 710.504 121.301 771.861
202206 852.043 125.017 898.111
202209 1,014.450 125.227 1,067.509
202212 1,267.140 125.222 1,333.465
202303 1,494.401 127.348 1,546.367
202306 1,912.553 128.729 1,957.830
202309 2,854.413 129.860 2,896.544
202312 2,983.108 129.419 3,037.432
202403 6,353.996 131.776 6,353.996

Add all the adjusted revenue per share together and divide 10 will get our 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.


Starbucks  (BUE:SBUX) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Starbucks Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Starbucks's Cyclically Adjusted PS 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

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