Question 1

What is Starbucks's P/E ratio?

Accepted Answer

Starbucks (SBUX) P/E ratio is 72.8× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. 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/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Starbucks?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Starbucks specifically, the relevant sector benchmark is the current sector median of 21.9×.

Question 5

Is Starbucks's P/E ratio high or low?

Accepted Answer

Starbucks's P/E ratio of 72.8× is above its own 5-year average of 35.1× and above the sector median of 21.9×. That places the current reading at the 90th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

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

Accepted Answer

In the available daily series, Starbucks (SBUX) P/E ratio has ranged from a low of 14.7× in 2018 to a high of 6902.5× in 2013. The 5-year average is 35.1× and the 5-year median is 30.3×.

Question 7

What was Starbucks's P/E ratio in 2025?

Accepted Answer

Starbucks (SBUX) P/E ratio at the end of 2025 was 52.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). 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.


2025	$97.71B	$1.86B	52.6×	+23.2×	Sep 28, 2025
2024	$110.88B	$3.76B	29.5×	+4.1×	Sep 30, 2024
2023	$104.49B	$4.12B	25.3×	-4.1×	Sep 30, 2023
2022	$96.72B	$3.28B	29.5×	-1.5×	Sep 30, 2022
2021	$130.17B	$4.20B	31.0×	-77.6×	Sep 30, 2021
2020	$100.81B	$928.30M	108.6×	+79.5×	Sep 30, 2020
2019	$104.74B	$3.60B	29.1×	+13.0×	Sep 30, 2019
2018	$72.76B	$4.52B	16.1×	-10.6×	Sep 30, 2018
2017	$76.89B	$2.88B	26.7×	-1.4×	Sep 30, 2017
2016	$79.07B	$2.82B	28.1×	-2.6×	Sep 30, 2016
2015	$84.41B	$2.76B	30.6×	+3.3×	Sep 30, 2015
2014	$56.56B	$2.07B	27.3×	-6875.2×	Sep 30, 2014
2013	$57.98B	$8.40M	6902.5×	+6875.4×	Sep 30, 2013
2012	$37.57B	$1.38B	27.1×	+4.8×	Sep 30, 2012
2011	$27.84B	$1.25B	22.4×	+2.3×	Sep 30, 2011
2010	$18.92B	$945.60M	20.0×	-19.1×	Sep 30, 2010
2009	$15.30B	$390.80M	39.1×	+4.5×	Sep 30, 2009
2008	$10.92B	$315.50M	34.6×	+5.5×	Sep 30, 2008
2007	$19.59B	$672.65M	29.1×	-16.7×	Sep 30, 2007
2006	$25.87B	$564.26M	45.9×	+6.3×	Sep 30, 2006
2005	$19.56B	$494.39M	39.6×	-6.7×	Sep 30, 2005
2004	$18.05B	$389.97M	46.3×	+4.1×	Sep 30, 2004
2003	$11.31B	$268.28M	42.1×	+5.3×	Sep 30, 2003
2002	$7.93B	$215.07M	36.9×	—	Sep 30, 2002


Las Vegas Sands (LVS)	19.6×
Avery Dennison (AVY)	19.3×
Williams-Sonoma (WSM)	19.1×
Expedia Group (EXPE)	18.9×
Etsy (ETSY)	16.9×
Ball (BALL)	16.8×
Royal Caribbean Cruises (RCL)	16.6×
Lennar (LEN)	15.6×
GameStop (GME)	15.6×
Norwegian Cruise Line (NCLH)	15.0×
NVR (NVR)	14.8×
Masco (MAS)	14.6×
LKQ (LKQ)	14.5×
Mohawk Industries (MHK)	14.3×
Carnival Corporation (CCL)	14.0×
Deckers Outdoor (DECK)	13.8×
Weyco Group (WEYS)	12.8×
D.R. Horton (DHI)	12.5×
Best Buy Co. (BBY)	11.1×
PulteGroup (PHM)	11.0×
PDD Holdings (PDD)	10.7×
Toll Brothers (TOL)	10.5×
Lululemon Athletica (LULU)	10.2×
Leggett & Platt (LEG)	6.1×
Sonoco Products (SON)	5.1×

P/E Ratio for Starbucks (SBUX)

P/E Ratio daily chart for Starbucks (SBUX)

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

About P/E Ratio at Starbucks (SBUX)

Starbucks P/E Ratio by Year

Starbucks P/E Ratio 2025: 52.6×

Starbucks P/E Ratio 2024: 29.5×

Starbucks P/E Ratio 2023: 25.3×

Starbucks P/E Ratio 2022: 29.5×

Starbucks P/E Ratio 2021: 31.0×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Starbucks (SBUX) Key Financials

P/E Ratio daily chart for Starbucks (SBUX)

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

About P/E Ratio at Starbucks (SBUX)

Starbucks P/E Ratio by Year

Starbucks P/E Ratio 2025: 52.6×

Starbucks P/E Ratio 2024: 29.5×

Starbucks P/E Ratio 2023: 25.3×

Starbucks P/E Ratio 2022: 29.5×

Starbucks P/E Ratio 2021: 31.0×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Starbucks's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Starbucks?

+Is Starbucks's P/E ratio high or low?

+What is Starbucks's historical P/E ratio range?

+What was Starbucks's P/E ratio in 2025?

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

Starbucks (SBUX) Key Financials