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Starbucks (UKEX:SBUX) Shiller PE Ratio : 31.73 (As of May. 14, 2024)


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What is Starbucks Shiller PE Ratio?

As of today (2024-05-14), Starbucks's current share price is ₴3743.00. Starbucks's E10 for the quarter that ended in Mar. 2024 was ₴117.95. Starbucks's Shiller PE Ratio for today is 31.73.

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: 25.39   Med: 55.3   Max: 101.83
Current: 26.44

During the past years, Starbucks's highest Shiller PE Ratio was 101.83. The lowest was 25.39. And the median was 55.30.

UKEX:SBUX's Shiller PE Ratio is ranked better than
55.32% of 141 companies
in the Restaurants industry
Industry Median: 27.63 vs UKEX:SBUX: 26.44

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 ₴26.967. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₴117.95 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
=3743.00/117.95
=31.73

* 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)
=26.967/129.4194*129.4194
=26.967

Current CPI (Mar. 2024) = 129.4194.

Starbucks Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 13.484 100.560 17.354
201409 15.268 100.428 19.676
201412 25.778 99.070 33.675
201503 13.087 99.621 17.002
201506 16.260 100.684 20.901
201509 17.053 100.392 21.984
201512 18.243 99.792 23.659
201603 15.467 100.470 19.924
201606 20.226 101.688 25.742
201609 21.415 101.861 27.209
201612 20.226 101.863 25.698
201703 17.846 102.862 22.454
201706 18.639 103.349 23.341
201709 21.415 104.136 26.614
201712 62.263 104.011 77.473
201803 18.639 105.290 22.911
201806 24.191 106.317 29.448
201809 22.209 106.507 26.987
201812 24.191 105.998 29.536
201903 21.019 107.251 25.364
201906 44.417 108.070 53.192
201909 26.571 108.329 31.744
201912 29.347 108.420 35.031
202003 11.104 108.902 13.196
202006 -23.002 108.767 -27.369
202009 13.087 109.815 15.423
202012 21.019 109.897 24.753
202103 22.209 111.754 25.720
202106 38.468 114.631 43.431
202109 59.091 115.734 66.078
202112 27.364 117.630 30.107
202203 23.002 121.301 24.541
202206 31.330 125.017 32.433
202209 30.140 125.227 31.149
202212 29.347 125.222 30.331
202303 31.330 127.348 31.840
202306 39.261 128.729 39.472
202309 42.038 129.860 41.896
202312 35.692 129.419 35.692
202403 26.967 129.419 26.967

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