McDonald's Holdings Co (Japan) (TSE:2702) Cyclically Adjusted PB Ratio: 5.03 (As of Aug. 15, 2026) — 11% Above Median

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TSE:2702 McDonald's Holdings Co (Japan) Ltd TSE:2702
71 GF Score
Price 円7,800.00
GF Value 円2,764,203.24
Valuation Significantly Undervalued
! 5 Warning Signs
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What is McDonald's Holdings Co (Japan) Cyclically Adjusted PB Ratio?

McDonald's Holdings Co (Japan) TSE:2702 -1.39% 71 Cyclically Adjusted PB Ratio is 5.03 as of Aug. 15, 2026, which is 11% above its 10-year median of 4.54. GuruFocus rates TSE:2702 with a GF Score™ of 71/100 and a GF Value™ of 円2,764,203.24 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 254 Restaurants companies, McDonald's Holdings Co (Japan) ranks worse than 83.86% on this metric.

As of today (2026-08-15), McDonald's Holdings Co (Japan)'s current share price is 円7800.00. McDonald's Holdings Co (Japan)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円1,549.31. McDonald's Holdings Co (Japan)'s Cyclically Adjusted PB Ratio for today is 5.03.

The historical rank and industry rank for McDonald's Holdings Co (Japan)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:2702' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.97   Med: 4.54   Max: 5.66
Current: 5.11

During the past years, McDonald's Holdings Co (Japan)'s highest Cyclically Adjusted PB Ratio was 5.66. The lowest was 3.97. And the median was 4.54.

TSE:2702's Cyclically Adjusted PB Ratio is ranked worse than
83.86% of 254 companies
in the Restaurants industry
Industry Median: 1.805 vs TSE:2702: 5.11

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 adjusted book value per share data for the three months ended in Jun. 2026 was 円2,201.160. 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 円1,549.31 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


McDonald's Holdings Co (Japan)  (TSE:2702) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


McDonald's Holdings Co (Japan) Cyclically Adjusted PB Ratio Related Terms


McDonald's Holdings Co (Japan) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for McDonald's Holdings Co (Japan)'s Cyclically Adjusted PB Ratio 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.

McDonald's Holdings Co (Japan) Cyclically Adjusted PB Ratio Chart

McDonald's Holdings Co (Japan) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.45 4.15 4.86 4.59 4.32

McDonald's Holdings Co (Japan) Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 4.24 4.32 4.32 5.49 4.83

TSE:2702 vs MCD, SBUX, YUM: Cyclically Adjusted PB Ratio Comparison

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) Cyclically Adjusted PB Ratio vs 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.


TSE:2702
71GF Score
McDonald's Holdings Co (Japan) Ltd TSE:2702
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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McDonald's Holdings Co (Japan) Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7800.00/1549.31
=5.03

* 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.

McDonald's Holdings Co (Japan)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, McDonald's Holdings Co (Japan)'s adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2201.16/113.6000*113.6000
=2,201.160

Current CPI (Jun. 2026) = 113.6000.

McDonald's Holdings Co (Japan) Quarterly Data

Book Value per Share CPI Adj_Book
201609 809.964 98.000 938.897
201612 827.323 98.400 955.121
201703 853.662 98.100 988.542
201706 876.127 98.500 1,010.437
201709 910.687 98.800 1,047.106
201712 975.413 99.400 1,114.758
201803 1,002.392 99.200 1,147.901
201806 1,038.388 99.200 1,189.122
201809 1,090.802 99.900 1,240.391
201812 1,099.775 99.700 1,253.104
201903 1,111.425 99.700 1,266.378
201906 1,143.638 99.800 1,301.776
201909 1,171.045 100.100 1,328.978
201912 1,198.069 100.500 1,354.235
202003 1,200.498 100.300 1,359.687
202006 1,234.162 99.900 1,403.411
202009 1,286.126 99.900 1,462.502
202012 1,316.812 99.300 1,506.444
202103 1,324.499 99.900 1,506.137
202106 1,362.826 99.500 1,555.950
202109 1,415.609 100.100 1,606.525
202112 1,460.766 100.100 1,657.772
202203 1,450.379 101.100 1,629.704
202206 1,487.173 101.800 1,659.557
202209 1,530.630 103.100 1,686.514
202212 1,554.788 104.100 1,696.675
202303 1,555.487 104.400 1,692.561
202306 1,601.215 105.200 1,729.069
202309 1,666.702 106.200 1,782.838
202312 1,704.826 106.800 1,813.373
202403 1,713.415 107.200 1,815.708
202406 1,774.750 108.200 1,863.323
202409 1,845.095 108.900 1,924.727
202412 1,903.173 110.700 1,953.030
202503 1,911.446 111.100 1,954.458
202506 1,980.400 111.700 2,014.086
202509 2,057.040 112.000 2,086.426
202512 2,109.432 113.000 2,120.633
202603 2,136.132 112.700 2,153.191
202606 2,201.160 113.600 2,201.160

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

What does a Cyclically Adjusted PB Ratio of 5.03 mean?
McDonald's Holdings Co (Japan) (TSE:2702) has a Cyclically Adjusted PB Ratio of 5.03 as of Aug. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on McDonald's Holdings Co (Japan) and its competitors. This is 11% above median its historical median of 4.54. Over the past decade, McDonald's Holdings Co (Japan)'s Cyclically Adjusted PB Ratio has ranged from 3.97 to 5.66. According to the industry distribution chart, McDonald's Holdings Co (Japan) ranks #213 out of 254 companies in the Restaurants industry, placing it in the top 83.9%.
Is McDonald's Holdings Co (Japan)'s Cyclically Adjusted PB Ratio too high?
McDonald's Holdings Co (Japan)'s current Cyclically Adjusted PB Ratio of 5.03 is 11% above median its 10-year median of 4.54. Over the past 10 years, this metric has ranged from a low of 3.97 to a high of 5.66. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.81. McDonald's Holdings Co (Japan)'s value of 5.03 is 178.7% above this industry median. Based on the distribution chart, McDonald's Holdings Co (Japan) ranks #213 out of 254 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, McDonald's Holdings Co (Japan) has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does McDonald's Holdings Co (Japan)'s Cyclically Adjusted PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, McDonald's Holdings Co (Japan) ranks #213 out of 254 companies for Cyclically Adjusted PB Ratio. This places McDonald's Holdings Co (Japan) in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.81. McDonald's Holdings Co (Japan)'s value of 5.03 is 178.7% above this benchmark. Historically, McDonald's Holdings Co (Japan)'s own Cyclically Adjusted PB Ratio has ranged from 3.97 to 5.66 over the past decade. While the company's 10-year median is 4.54 vs. the industry median of 1.81, McDonald's Holdings Co (Japan) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Restaurants company?
The median Cyclically Adjusted PB Ratio among Restaurants companies is 1.81, based on 254 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. McDonald's Holdings Co (Japan)'s current Cyclically Adjusted PB Ratio of 5.03 is 178.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on McDonald's Holdings Co (Japan) and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McDonald's Holdings Co (Japan)'s current Cyclically Adjusted PB Ratio is 5.03, which is 11% above median its own 10-year median of 4.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McDonald's Holdings Co (Japan) stock overvalued right now?
Based on GuruFocus' analysis, McDonald's Holdings Co (Japan) (TSE:2702) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,764,203.24, compared to a current price of 円7,800.00 — trading 99.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.03, which is 11% above median its 10-year median of 4.54 and 178.7% above the Restaurants industry median of 1.81. McDonald's Holdings Co (Japan)'s overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For McDonald's Holdings Co (Japan) (TSE:2702), the current Cyclically Adjusted PB Ratio is 5.03 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is McDonald's Holdings Co (Japan) (TSE:2702) Overvalued in 2026?

Based on GuruFocus' analysis, McDonald's Holdings Co (Japan) stock appears to be undervalued. The current stock price of 円7,800.00 is trading 99.7% below its estimated GF Value™ of 円2,764,203.24. GuruFocus considers McDonald's Holdings Co (Japan) to be Significantly Undervalued.

Key valuation signals for TSE:2702:

  • Cyclically Adjusted PB Ratio: 5.03 (11% above median its 10-year median of 4.54)
  • GF Value™: 円2,764,203.24 vs. price of 円7,800.00 (99.7% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 178.7% above the Restaurants median (#213 of 254)

No single metric tells the full story. See the TSE:2702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


McDonald's Holdings Co (Japan) Business Description

Other Exchanges MJ8:Germany
Address 6-5-1 Nishi-Shinjuku, Shinjuku Island 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. It is engaged in the operation and management of hamburger restaurant chains under the McDonald's brand. The company pays royalties for licensed rights and, in Japan, provides sub-licenses for its know-how and trademarks to franchisees operating its franchise restaurants, from whom it earns royalty income.
71GF Score

Get the complete analysis for TSE:2702

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円7,800.00
Price
円2,764,203.24
GF Value