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McDonald's Holdings Co (Japan) (FRA:MJ8) Cyclically Adjusted Book per Share : €8.15 (As of Dec. 2024)


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What is McDonald's Holdings Co (Japan) Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

McDonald's Holdings Co (Japan)'s adjusted book value per share for the three months ended in Dec. 2024 was €11.816. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €8.15 for the trailing ten years ended in Dec. 2024.

During the past 12 months, McDonald's Holdings Co (Japan)'s average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of McDonald's Holdings Co (Japan) was 5.60% per year. The lowest was 0.30% per year. And the median was 2.30% per year.

As of today (2025-05-28), McDonald's Holdings Co (Japan)'s current stock price is €37.20. McDonald's Holdings Co (Japan)'s Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €8.15. McDonald's Holdings Co (Japan)'s Cyclically Adjusted PB Ratio of today is 4.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of McDonald's Holdings Co (Japan) was 5.50. The lowest was 3.97. And the median was 4.53.


McDonald's Holdings Co (Japan) Cyclically Adjusted Book per Share Historical Data

The historical data trend for McDonald's Holdings Co (Japan)'s Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

McDonald's Holdings Co (Japan) Cyclically Adjusted Book per Share Chart

McDonald's Holdings Co (Japan) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.60 8.54 8.30 7.77 8.15

McDonald's Holdings Co (Japan) Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.77 7.46 7.40 8.16 8.15

Competitive Comparison of McDonald's Holdings Co (Japan)'s Cyclically Adjusted Book per Share

For the Restaurants subindustry, McDonald's Holdings Co (Japan)'s Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


McDonald's Holdings Co (Japan)'s Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, McDonald's Holdings Co (Japan)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where McDonald's Holdings Co (Japan)'s Cyclically Adjusted PB Ratio falls into.


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McDonald's Holdings Co (Japan) Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, McDonald's Holdings Co (Japan)'s adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=11.816/110.7000*110.7000
=11.816

Current CPI (Dec. 2024) = 110.7000.

McDonald's Holdings Co (Japan) Quarterly Data

Book Value per Share CPI Adj_Book
201503 7.439 97.900 8.412
201506 6.348 98.400 7.142
201509 6.361 98.500 7.149
201512 6.168 98.100 6.960
201603 6.247 97.900 7.064
201606 6.654 98.100 7.509
201609 7.090 98.000 8.009
201612 6.761 98.400 7.606
201703 7.069 98.100 7.977
201706 7.030 98.500 7.901
201709 6.897 98.800 7.728
201712 7.298 99.400 8.128
201803 7.666 99.200 8.555
201806 8.076 99.200 9.012
201809 8.339 99.900 9.241
201812 8.616 99.700 9.567
201903 8.850 99.700 9.826
201906 9.366 99.800 10.389
201909 9.888 100.100 10.935
201912 9.883 100.500 10.886
202003 10.091 100.300 11.137
202006 10.187 99.900 11.288
202009 10.341 99.900 11.459
202012 10.428 99.300 11.625
202103 10.235 99.900 11.341
202106 10.273 99.500 11.429
202109 10.923 100.100 12.080
202112 11.357 100.100 12.560
202203 11.106 101.100 12.161
202206 10.502 101.800 11.420
202209 10.789 103.100 11.584
202212 10.879 104.100 11.569
202303 10.869 104.400 11.525
202306 10.455 105.200 11.002
202309 10.563 106.200 11.011
202312 10.858 106.800 11.255
202403 10.522 107.200 10.866
202406 10.444 108.200 10.685
202409 11.629 108.900 11.821
202412 11.816 110.700 11.816

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


McDonald's Holdings Co (Japan)  (FRA:MJ8) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

McDonald's Holdings Co (Japan)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=37.20/8.15
=4.56

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of McDonald's Holdings Co (Japan) was 5.50. The lowest was 3.97. And the median was 4.53.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


McDonald's Holdings Co (Japan) Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of McDonald's Holdings Co (Japan)'s Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


McDonald's Holdings Co (Japan) Business Description

Traded in Other Exchanges
Address
6-5-1 Nishi-Shinjuku, Shinjuku i-Land Tower, Shinjuku-ku, Tokyo, JPN, 163-1339
McDonald's Holdings Co (Japan) Ltd has a license to operate McDonald's fast-food restaurants in Japan. The company owns and operates more than 1,000 restaurants and franchises more than 2,000 restaurants. Roughly three-quarters of McDonald's Holdings Japan's revenue is from sales at the fast-food restaurants that it owns and operates. Most remaining revenue consists of royalties from its franchisees. McDonald's Holdings Japan pays royalties to McDonald's based on sales at its owned and franchised restaurants.

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