Yum Brands (HAM:TGR) Cyclically Adjusted PS Ratio: 6.04 (As of Jul. 29, 2026) — 17% Above Median

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HAM:TGR Yum Brands Inc HAM:TGR
92 GF Score
Price €131.80
GF Value €148.36
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Yum Brands Cyclically Adjusted PS Ratio?

Yum Brands HAM:TGR +0.23% 92 Cyclically Adjusted PS Ratio is 6.04 as of Jul. 29, 2026, which is 17% above its 10-year median of 5.16. GuruFocus rates HAM:TGR with a GF Score™ of 92/100 and a GF Value™ of €148.36 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 256 Restaurants companies, Yum Brands ranks worse than 96.09% on this metric.

As of today (2026-07-29), Yum Brands's current share price is €131.80. Yum Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €21.82. Yum Brands's Cyclically Adjusted PS Ratio for today is 6.04.

The historical rank and industry rank for Yum Brands's Cyclically Adjusted PS Ratio or its related term are showing as below:

HAM:TGR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.56   Med: 5.16   Max: 7.06
Current: 5.93

During the past years, Yum Brands's highest Cyclically Adjusted PS Ratio was 7.06. The lowest was 2.56. And the median was 5.16.

HAM:TGR's Cyclically Adjusted PS Ratio is ranked worse than
96.09% of 256 companies
in the Restaurants industry
Industry Median: 0.68 vs HAM:TGR: 5.93

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Yum Brands's adjusted revenue per share data for the three months ended in Mar. 2026 was €6.384. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €21.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yum Brands  (HAM:TGR) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Yum Brands Cyclically Adjusted PS Ratio Related Terms


Yum Brands Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Yum Brands's Cyclically Adjusted PS 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.

Yum Brands Cyclically Adjusted PS Ratio Chart

Yum Brands Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.29 5.78 6.04 5.83 6.14

Yum Brands Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 6.79 6.41 6.63 6.14 6.13

HAM:TGR vs CMG, DRI, YUMC: Cyclically Adjusted PS Ratio Comparison

For the Restaurants subindustry, Yum Brands's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Yum Brands Cyclically Adjusted PS Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Yum Brands's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Yum Brands's Cyclically Adjusted PS Ratio falls into.


HAM:TGR
92GF Score
Yum Brands Inc HAM:TGR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yum Brands Cyclically Adjusted PS Ratio Calculation

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

Yum Brands's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=131.80/21.82
=6.04

* 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.

Yum Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Yum Brands's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.384/330.2130*330.2130
=6.384

Current CPI (Mar. 2026) = 330.2130.

Yum Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.236 241.018 4.434
201609 3.424 241.428 4.683
201612 4.832 241.432 6.609
201703 3.640 243.801 4.930
201706 3.600 244.955 4.853
201709 3.413 246.819 4.566
201712 3.851 246.524 5.158
201803 3.270 249.554 4.327
201806 3.538 251.989 4.636
201809 3.668 252.439 4.798
201812 4.280 251.233 5.626
201903 3.523 254.202 4.576
201906 3.692 256.143 4.760
201909 3.884 256.759 4.995
201912 4.918 256.974 6.320
202003 3.723 258.115 4.763
202006 3.465 257.797 4.438
202009 4.004 260.280 5.080
202012 4.667 260.474 5.917
202103 4.093 264.877 5.103
202106 4.374 271.696 5.316
202109 4.520 274.310 5.441
202112 5.651 278.802 6.693
202203 4.778 287.504 5.488
202206 5.337 296.311 5.948
202209 5.731 296.808 6.376
202212 6.641 296.797 7.389
202303 5.391 301.836 5.898
202306 5.444 305.109 5.892
202309 5.596 307.789 6.004
202312 6.621 306.746 7.128
202403 5.140 312.332 5.434
202406 5.727 314.175 6.019
202409 5.773 315.301 6.046
202412 7.915 315.605 8.281
202503 5.862 319.799 6.053
202506 5.961 322.561 6.102
202509 6.003 324.800 6.103
202512 7.643 324.054 7.788
202603 6.384 330.213 6.384

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 6.04 mean?
Yum Brands (HAM:TGR) has a Cyclically Adjusted PS Ratio of 6.04 as of Jul. 29, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Yum Brands and its competitors. This is 17% above median its historical median of 5.16. Over the past decade, Yum Brands' Cyclically Adjusted PS Ratio has ranged from 2.56 to 7.06. According to the industry distribution chart, Yum Brands ranks #246 out of 256 companies in the Restaurants industry, placing it in the top 96.1%.
Is Yum Brands' Cyclically Adjusted PS Ratio too high?
Yum Brands' current Cyclically Adjusted PS Ratio of 6.04 is 17% above median its 10-year median of 5.16. Over the past 10 years, this metric has ranged from a low of 2.56 to a high of 7.06. The Restaurants industry median Cyclically Adjusted PS Ratio is 0.68. Yum Brands' value of 6.04 is 788.2% above this industry median. Based on the distribution chart, Yum Brands ranks #246 out of 256 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Yum Brands has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yum Brands' Cyclically Adjusted PS Ratio compare to CMG and DRI?
According to the Restaurants industry distribution chart, Yum Brands ranks #246 out of 256 companies for Cyclically Adjusted PS Ratio. This places Yum Brands in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.68. Yum Brands' value of 6.04 is 788.2% above this benchmark. Historically, Yum Brands' own Cyclically Adjusted PS Ratio has ranged from 2.56 to 7.06 over the past decade. While the company's 10-year median is 5.16 vs. the industry median of 0.68, Yum Brands 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 PS Ratio for a Restaurants company?
The median Cyclically Adjusted PS Ratio among Restaurants companies is 0.68, based on 256 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Yum Brands's current Cyclically Adjusted PS Ratio of 6.04 is 788.2% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Yum Brands and its competitors. For the Restaurants industry, the median Cyclically Adjusted PS Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yum Brands's current Cyclically Adjusted PS Ratio is 6.04, which is 17% above median its own 10-year median of 5.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yum Brands stock overvalued right now?
Based on GuruFocus' analysis, Yum Brands (HAM:TGR) is currently considered Modestly Undervalued. The stock's GF Value™ is €148.36, compared to a current price of €131.80 — trading 11.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.04, which is 17% above median its 10-year median of 5.16 and 788.2% above the Restaurants industry median of 0.68. Yum Brands' overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Yum Brands (HAM:TGR), the current Cyclically Adjusted PS Ratio is 6.04 as of Jul. 29, 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 Yum Brands (HAM:TGR) Overvalued in 2026?

Based on GuruFocus' analysis, Yum Brands stock appears to be undervalued. The current stock price of €131.80 is trading 11.2% below its estimated GF Value™ of €148.36. GuruFocus considers Yum Brands to be Modestly Undervalued.

Key valuation signals for HAM:TGR:

  • Cyclically Adjusted PS Ratio: 6.04 (17% above median its 10-year median of 5.16)
  • GF Value™: €148.36 vs. price of €131.80 (11.2% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 788.2% above the Restaurants median (#246 of 256)

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


Yum Brands Business Description

Address 1441 Gardiner Lane, Louisville, KY, USA, 40213
As of the end of 2025, Yum Brands generated over $68 billion in systemwide sales from more than 63,000 restaurants across 155 markets, making it the world's second-largest restaurant firm by dollar sales. Its portfolio includes KFC (33,897 stores), Pizza Hut (19,974), Taco Bell (9,030), and Habit Burger (384), with 72% of locations in international markets. As 97% of its portfolio is franchised, Yum's business model is tilted toward recurring franchise royalties and marketing contributions (64% of revenue), with the balance derived from sales at company-owned locations. The company traces its roots to a 1997 spinoff of PepsiCo's restaurant assets.
92GF Score

Get the complete analysis for HAM:TGR

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

€131.80
Price
€148.36
GF Value