Starbucks' (NASDAQ: SBUX) stock rose about 2% over the past 12 months as the S&P 500 declined 15%. The gap between its average ticket size and transactions reflects its usage of price hikes in North America to offset the inflationary headwinds. Based on those expectations, Starbucks' stock trades at 31 times forward earnings -- which makes it a bit expensive relative to its industry peers.