Start with its own history
At 52.74×, SBUX is 34.0% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · SBUXRestaurantsUpdated Nov 5, 2026
Starbucks Corporation P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
52.74×
34.0% abovethe 10-year annual average
Share price109.7
÷Earnings per share2.08
Price and EPS in quote currency. Calculation details
Investors are paying 52.74 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 39.35×
3-year average41.70×3 positive annual observations
5-year average36.00×5 positive annual observations
10-year average39.35×10 positive annual observations
Peer median · TTM15.60×3 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Sep 27, 2026 | 43.11× | -18.0% |
| Sep 28, 2025 | 52.54× | +78.4% |
| Sep 30, 2024 | 29.45× | +16.2% |
| Sep 30, 2023 | 25.35× | -14.2% |
| Sep 30, 2022 | 29.56× | -4.3% |
| Sep 30, 2021 | 30.90× | -71.6% |
| Sep 30, 2020 | 108.76× | +262.9% |
| Sep 30, 2019 | 29.97× | +76.3% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Sep 30, 2018 | 17.00× | -36.7% |
| Sep 30, 2017 | 26.86× | -4.8% |
| Sep 30, 2016 | 28.20× | -7.7% |
| Sep 30, 2015 | 30.56× | +11.8% |
| Sep 30, 2014 | 27.34× | -99.6% |
| Sep 30, 2013 | 6998.18× | +25581.4% |
| Sep 30, 2012 | 27.25× | +21.3% |
| Sep 30, 2011 | 22.46× | +12.5% |
| Sep 30, 2010 | 19.97× | -49.7% |
| Sep 30, 2009 | 39.69× | +17.4% |
| Sep 30, 2008 | 33.82× | +15.6% |
| Sep 30, 2007 | 29.24× | -36.4% |
| Sep 30, 2006 | 46.00× | +17.5% |
| Sep 30, 2005 | 39.16× | -58.7% |
| Sep 30, 2004 | 94.75× | +123.7% |
| Sep 30, 2003 | 42.35× | +14.9% |
| Sep 30, 2002 | 36.86× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How SBUX compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 SBUX This stockStarbucks Corporation | 52.74× |
 REBNReborn Coffee, Inc. | N/M |
 BROSDutch Bros Inc. | 56.26× |
 LKNCYLuckin Coffee Inc. | 2.09× |
 THCHTH International Limited | N/M |
 1364.HKGuming | 15.60× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does SBUX’s P/E tell you?
Compare like with like
The median of the 3 positive peer ratios above is 15.60×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take SBUX into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("SBUX", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 109.7 ÷ EPS 2.08 = 52.74×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
SBUX P/E ratio: common questions
The essentials behind the numbers.
Starbucks Corporation's current P/E is 52.74× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.