QSR (Restaurant Brands International) Cyclically Adjusted PS Ratio: 4.93 (As of Jul. 20, 2026) — Near Median

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QSR Restaurant Brands International Inc QSR
84 GF Score
Price $75.01
GF Value $85.71
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Restaurant Brands International Cyclically Adjusted PS Ratio?

Restaurant Brands International QSR -2.77% 84 Cyclically Adjusted PS Ratio is 4.93 as of Jul. 20, 2026, which is 3% below its 10-year median of 5.07. GuruFocus rates QSR with a GF Score™ of 84/100 and a GF Value™ of $85.71 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 255 Restaurants companies, Restaurant Brands International ranks worse than 93.73% on this metric.

As of today (2026-07-20), Restaurant Brands International's current share price is $75.01. Restaurant Brands International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $15.23. Restaurant Brands International's Cyclically Adjusted PS Ratio for today is 4.93.

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

QSR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.39   Med: 5.07   Max: 6.35
Current: 4.96

During the past years, Restaurant Brands International's highest Cyclically Adjusted PS Ratio was 6.35. The lowest was 4.39. And the median was 5.07.

QSR's Cyclically Adjusted PS Ratio is ranked worse than
93.73% of 255 companies
in the Restaurants industry
Industry Median: 0.7 vs QSR: 4.96

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.

Restaurant Brands International's adjusted revenue per share data for the three months ended in Mar. 2026 was $4.932. 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 $15.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Restaurant Brands International  (NYSE:QSR) 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.


Restaurant Brands International Cyclically Adjusted PS Ratio Related Terms


Restaurant Brands International Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Restaurant Brands International'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.

Restaurant Brands International Cyclically Adjusted PS Ratio Chart

Restaurant Brands International 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 0.00 0.00 6.09 5.02 4.57

Restaurant Brands International 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 4.99 4.58 4.41 4.57 4.85

QSR vs MCD, SBUX, YUM: Cyclically Adjusted PS Ratio Comparison

For the Restaurants subindustry, Restaurant Brands International'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.


Restaurant Brands International Cyclically Adjusted PS Ratio vs Restaurants Industry

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

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


QSR
84GF Score
Restaurant Brands International Inc QSR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Restaurant Brands International 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=75.01/15.23
=4.93

* 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.

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

For example, Restaurant Brands International'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)
=4.932/330.2130*330.2130
=4.932

Current CPI (Mar. 2026) = 330.2130.

Restaurant Brands International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.213 241.018 3.032
201609 2.286 241.428 3.127
201612 2.361 241.432 3.229
201703 2.100 243.801 2.844
201706 2.370 244.955 3.195
201709 2.525 246.819 3.378
201712 2.599 246.524 3.481
201803 2.646 249.554 3.501
201806 2.833 251.989 3.712
201809 2.895 252.439 3.787
201812 2.947 251.233 3.873
201903 2.711 254.202 3.522
201906 2.985 256.143 3.848
201909 3.102 256.759 3.989
201912 3.154 256.974 4.053
202003 2.612 258.115 3.342
202006 2.235 257.797 2.863
202009 2.845 260.280 3.609
202012 2.920 260.474 3.702
202103 2.710 264.877 3.378
202106 3.086 271.696 3.751
202109 3.215 274.310 3.870
202112 3.354 278.802 3.972
202203 3.168 287.504 3.639
202206 3.602 296.311 4.014
202209 3.802 296.808 4.230
202212 3.712 296.797 4.130
202303 3.487 301.836 3.815
202306 3.876 305.109 4.195
202309 4.002 307.789 4.294
202312 4.044 306.746 4.353
202403 3.839 312.332 4.059
202406 4.592 314.175 4.826
202409 5.046 315.301 5.285
202412 5.024 315.605 5.257
202503 4.625 319.799 4.776
202506 5.274 322.561 5.399
202509 5.359 324.800 5.448
202512 5.361 324.054 5.463
202603 4.932 330.213 4.932

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 4.93 mean?
Restaurant Brands International (QSR) has a Cyclically Adjusted PS Ratio of 4.93 as of Jul. 20, 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 Restaurant Brands International and its competitors. This is near median its historical median of 5.07. Over the past decade, Restaurant Brands International's Cyclically Adjusted PS Ratio has ranged from 4.39 to 6.35. According to the industry distribution chart, Restaurant Brands International ranks #239 out of 255 companies in the Restaurants industry, placing it in the top 93.7%.
Is Restaurant Brands International's Cyclically Adjusted PS Ratio too high?
Restaurant Brands International's current Cyclically Adjusted PS Ratio of 4.93 is near median its 10-year median of 5.07. Over the past 10 years, this metric has ranged from a low of 4.39 to a high of 6.35. The Restaurants industry median Cyclically Adjusted PS Ratio is 0.70. Restaurant Brands International's value of 4.93 is 604.3% above this industry median. Based on the distribution chart, Restaurant Brands International ranks #239 out of 255 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Restaurant Brands International has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Restaurant Brands International's Cyclically Adjusted PS Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Restaurant Brands International ranks #239 out of 255 companies for Cyclically Adjusted PS Ratio. This places Restaurant Brands International in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Restaurant Brands International's value of 4.93 is 604.3% above this benchmark. Historically, Restaurant Brands International's own Cyclically Adjusted PS Ratio has ranged from 4.39 to 6.35 over the past decade. While the company's 10-year median is 5.07 vs. the industry median of 0.70, Restaurant Brands International 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 0.70, based on 255 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. Restaurant Brands International's current Cyclically Adjusted PS Ratio of 4.93 is 604.3% 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 Restaurant Brands International and its competitors. For the Restaurants industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Restaurant Brands International's current Cyclically Adjusted PS Ratio is 4.93, which is near median its own 10-year median of 5.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Restaurant Brands International stock overvalued right now?
Based on GuruFocus' analysis, Restaurant Brands International (QSR) is currently considered Modestly Undervalued. The stock's GF Value™ is $85.71, compared to a current price of $75.01 — trading 12.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.93, which is near median its 10-year median of 5.07 and 604.3% above the Restaurants industry median of 0.70. Restaurant Brands International's overall GF Score™ is 84/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Restaurant Brands International (QSR), the current Cyclically Adjusted PS Ratio is 4.93 as of Jul. 20, 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 Restaurant Brands International (QSR) Overvalued in 2026?

Based on GuruFocus' analysis, Restaurant Brands International stock appears to be undervalued. The current stock price of $75.01 is trading 12.5% below its estimated GF Value™ of $85.71. GuruFocus considers Restaurant Brands International to be Modestly Undervalued.

Key valuation signals for QSR:

  • Cyclically Adjusted PS Ratio: 4.93 (near median its 10-year median of 5.07)
  • GF Value™: $85.71 vs. price of $75.01 (12.5% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 604.3% above the Restaurants median (#239 of 255)

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


Restaurant Brands International Business Description

Address 5707 Waterford District Drive, Suite 300, P.O. Box 339, Miami, FL, USA, 33126
Restaurant Brands generates about $47 billion in system sales across more than 33,000 restaurants in over 120 markets, making it one of the largest restaurant companies globally. Its banners include Burger King (7,025 stores), Tim Hortons (4,586), Popeyes (3,578), and Firehouse Subs (1,449), concentrated in the US and Canada, with these brands also comprising 16,403 franchised international locations as of year-end 2025. The firm primarily earns revenue from franchise and property fees, supply chain sales within the Tim Hortons segment, company-operated restaurants, and advertising royalties.
84GF Score

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

$75.01
Price
$85.71
GF Value