Starbucks is Too Expensive
Steve Patterson (July 15th, 2008) Writes:
Starbucks is Too Expensive
Starbucks (SBUX) is too expensive and not just the coffee but the stock itself. The stock reached a new 52 week low today as the market sold off during the morning and has rebounded some. But the price to earnings of the stock is still too expensive for the limited revenue growth and the declining earnings the company is now experiencing.
Price to Earnings
The price to earnings for Starbucks stock is 16.30 on a trailing twelve month basis and 14.77 on ...


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