Question 1

What is Starbucks's P/B ratio?

Accepted Answer

Starbucks (SBUX) P/B ratio is currently not available. A negative or zero P/B occurs when accumulated losses, large buybacks, or special dividends have driven shareholders' equity below zero. In that case P/B is reported as N/A and analysts use P/S or EV/EBITDA as substitutes.

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Starbucks?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Starbucks specifically, the relevant sector benchmark is the current sector median of 4.3×.

Question 5

What is Starbucks's historical P/B ratio range?

Accepted Answer

In the available daily series, Starbucks (SBUX) P/B ratio has ranged from a low of 2.6× in 2008 to a high of 62.2× in 2018.

Question 6

What was Starbucks's P/B ratio in 2018?

Accepted Answer

Starbucks (SBUX) P/B ratio at the end of 2018 was 62.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 7

Why does Starbucks's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.

Question 8

Why is Starbucks's P/B ratio not available?

Accepted Answer

A negative or zero P/B occurs when accumulated losses, large buybacks, or special dividends have driven shareholders' equity below zero. In that case P/B is reported as N/A and analysts use P/S or EV/EBITDA as substitutes.


2025	$97.7B	-$8.1B	—	—	Sep 28, 2025
2024	$111B	-$7.45B	—	—	Sep 30, 2024
2023	$104B	-$7.99B	—	—	Sep 30, 2023
2022	$96.7B	-$8.71B	—	—	Sep 30, 2022
2021	$130B	-$5.32B	—	—	Sep 30, 2021
2020	$101B	-$7.81B	—	—	Sep 30, 2020
2019	$105B	-$6.23B	—	—	Sep 30, 2019
2018	$72.8B	$1.17B	62.2×	+48.1×	Sep 30, 2018
2017	$76.9B	$5.45B	14.1×	+0.7×	Sep 30, 2017
2016	$79.1B	$5.88B	13.4×	-1.1×	Sep 30, 2016
2015	$84.4B	$5.82B	14.5×	+3.8×	Sep 30, 2015
2014	$56.6B	$5.27B	10.7×	-2.2×	Sep 30, 2014
2013	$58B	$4.48B	12.9×	+5.6×	Sep 30, 2013
2012	$37.6B	$5.11B	7.4×	+1.0×	Sep 30, 2012
2011	$27.8B	$4.38B	6.3×	+1.2×	Sep 30, 2011
2010	$18.9B	$3.67B	5.1×	+0.1×	Sep 30, 2010
2009	$15.3B	$3.05B	5.0×	+0.6×	Sep 30, 2009
2008	$10.9B	$2.49B	4.4×	-4.2×	Sep 30, 2008
2007	$19.6B	$2.28B	8.6×	-3.0×	Sep 30, 2007
2006	$25.9B	$2.23B	11.6×	+2.3×	Sep 30, 2006
2005	$19.6B	$2.09B	9.4×	+2.1×	Sep 30, 2005
2004	$18B	$2.49B	7.3×	+1.8×	Sep 30, 2004
2003	$11.3B	$2.08B	5.4×	+0.8×	Sep 30, 2003
2002	$7.93B	$1.73B	4.6×	—	Sep 30, 2002


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P/B Ratio for Starbucks (SBUX) 2002-2026

P/B Ratio daily chart for Starbucks (SBUX)

Historical P/B Ratio for Starbucks (SBUX) from 2002 to 2025

About P/B Ratio at Starbucks (SBUX)

Starbucks P/B Ratio by Year

Starbucks P/B Ratio 2018: 62.2×

Starbucks P/B Ratio 2017: 14.1×

Starbucks P/B Ratio 2016: 13.4×

Starbucks P/B Ratio 2015: 14.5×

Starbucks P/B Ratio 2014: 10.7×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Starbucks (SBUX) Key Financials