The current PE ratio for Starbucks stock as of May 1, 2024 is 24.24. This is calculated based on the TTM EPS of $3.65 and the stock price of $88.49 per share. The PE ratio marks a decrease of 8% from its last 4 quarters average of 26.5.
The average historical PE ratio of Starbucks for the last ten years is 42.78. The current P/E ratio of 24.24 is 43% lower than the historical average. Looking back at the last ten years, SBUX's PE ratio peaked in the Jun 2014 quarter at 243.56, when the price was $38.97 and the EPS was $0.16. The lowest point was in the Jul 2018 quarter, when it reached 15.17 with a price of $48.85 and an EPS of $3.22.
Maximum annual increase: 256.17% in 2020
Maximum annual decrease: -99.29% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 25.35 | -14.24% |
| 2022 | 29.56 | -6.54% |
| 2021 | 31.63 | -70.36% |
| 2020 | 106.71 | 256.17% |
| 2019 | 29.96 | 72.38% |
| 2018 | 17.38 | -35.61% |
| 2017 | 26.99 | -4.8% |
| 2016 | 28.35 | -10.06% |
| 2015 | 31.52 | 14.91% |
| 2014 | 27.43 | -99.29% |
Currently, SBUX's PE ratio is lower than its 3, 5 and 10-year averages.
SBUX's PE ratio stands lower than its peer stocks PEP and YUM, but it is higher than MCD's and DRI's. Starbucks's current PE ratio of 24.24 is higher than the average of its peers, which is 20.53.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CBRL Cracker Barrel Old Country Store Inc | 14.94 | $1.25B |
| EAT Brinker International Inc | 15.97 | $2.44B |
| DRI Darden Restaurants Inc | 17.58 | $18.04B |
| WEN Wendy's Co | 20.02 | $4.03B |
| SBUX Starbucks Corp | 20.4 | $84.35B |
| MCD Mcdonalds Corp | 23.6 | $198.15B |
| YUM Yum Brands Inc | 23.83 | $38.07B |
| PEP Pepsico Inc | 26.22 | $240.77B |
The price to earnings ratio for SBUX stock is 24.24 as of May 1, 2024.
The average PE ratio for SBUX stock over the past 3 years is 29.97.
The average PE ratio for SBUX stock over the past 5 years is 47.69.
The highest quarterly PE ratio in the last ten years has been 243.56 and it was in the Jun 2014 quarter.
The current PE ratio of SBUX is 43% lower than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 1, 2024), Starbucks's share price is $88.49. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.65. Therefore, Starbucks's PE ratio for today is 24.24. PE RATIO(24.24) = STOCK PRICE($88.49) / TTM EPS($3.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.