McDonald's Holdings Co (Japan) (TSE:2702) Cyclically Adjusted PS Ratio: 3.06 (As of Aug. 07, 2026) — 21% Above Median

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TSE:2702 McDonald's Holdings Co (Japan) Ltd TSE:2702
78 GF Score
Price 円8,060.00
GF Value 円6,526.04
Valuation Modestly Overvalued
! 5 Warning Signs
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What is McDonald's Holdings Co (Japan) Cyclically Adjusted PS Ratio?

McDonald's Holdings Co (Japan) TSE:2702 +0.12% 78 Cyclically Adjusted PS Ratio is 3.06 as of Aug. 07, 2026, which is 21% above its 10-year median of 2.53. GuruFocus rates TSE:2702 with a GF Score™ of 78/100 and a GF Value™ of 円6,526.04 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 258 Restaurants companies, McDonald's Holdings Co (Japan) ranks worse than 87.98% on this metric.

As of today (2026-08-07), McDonald's Holdings Co (Japan)'s current share price is 円8060.00. McDonald's Holdings Co (Japan)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was 円2,634.63. McDonald's Holdings Co (Japan)'s Cyclically Adjusted PS Ratio for today is 3.06.

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

TSE:2702' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.18   Med: 2.53   Max: 3.2
Current: 2.88

During the past years, McDonald's Holdings Co (Japan)'s highest Cyclically Adjusted PS Ratio was 3.20. The lowest was 2.18. And the median was 2.53.

TSE:2702's Cyclically Adjusted PS Ratio is ranked worse than
87.98% of 258 companies
in the Restaurants industry
Industry Median: 0.685 vs TSE:2702: 2.88

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.

McDonald's Holdings Co (Japan)'s adjusted revenue per share data for the three months ended in Dec. 2025 was 円784.279. 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 円2,634.63 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


McDonald's Holdings Co (Japan)  (TSE:2702) 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.


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


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

* Premium members only.

The historical data trend for McDonald's Holdings Co (Japan)'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.

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

McDonald's Holdings Co (Japan) 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 2.54 2.37 2.74 2.55 2.43

McDonald's Holdings Co (Japan) 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 2.30 2.35 2.41 2.43 0.00

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

For the Restaurants subindustry, McDonald's Holdings Co (Japan)'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.


McDonald's Holdings Co (Japan) Cyclically Adjusted PS Ratio vs Restaurants Industry

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

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


TSE:2702
78GF Score
McDonald's Holdings Co (Japan) Ltd TSE:2702
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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McDonald's Holdings Co (Japan) 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8060.00/2634.63
=3.06

* 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 Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, McDonald's Holdings Co (Japan)'s adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=784.279/113.0000*113.0000
=784.279

Current CPI (Dec. 2025) = 113.0000.

McDonald's Holdings Co (Japan) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 392.595 97.900 453.148
201606 396.318 98.100 456.513
201609 453.967 98.000 523.452
201612 461.744 98.400 530.255
201703 459.104 98.100 528.835
201706 452.673 98.500 519.310
201709 495.469 98.800 566.680
201712 500.410 99.400 568.877
201803 504.456 99.200 574.632
201806 495.852 99.200 564.831
201809 524.274 99.900 593.023
201812 523.086 99.700 592.866
201903 518.085 99.700 587.198
201906 509.007 99.800 576.331
201909 550.350 100.100 621.274
201912 541.723 100.500 609.101
202003 543.671 100.300 612.511
202006 503.591 99.900 569.627
202009 558.247 99.900 631.451
202012 563.061 99.300 640.744
202103 570.789 99.900 645.637
202106 566.904 99.500 643.821
202109 641.438 100.100 724.101
202112 610.293 100.100 688.942
202203 633.952 101.100 708.571
202206 631.307 101.800 700.763
202209 689.709 103.100 755.937
202212 694.725 104.100 754.120
202303 692.392 104.400 749.428
202306 679.916 105.200 730.328
202309 751.908 106.200 800.053
202312 748.772 106.800 792.240
202403 762.414 107.200 803.664
202406 749.306 108.200 782.547
202409 771.783 108.900 800.840
202412 766.131 110.700 782.049
202503 761.288 111.100 774.307
202506 767.889 111.700 776.826
202509 819.884 112.000 827.204
202512 784.279 113.000 784.279

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 3.06 mean?
McDonald's Holdings Co (Japan) (TSE:2702) has a Cyclically Adjusted PS Ratio of 3.06 as of Aug. 07, 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 McDonald's Holdings Co (Japan) and its competitors. This is 21% above median its historical median of 2.53. Over the past decade, McDonald's Holdings Co (Japan)'s Cyclically Adjusted PS Ratio has ranged from 2.18 to 3.20. According to the industry distribution chart, McDonald's Holdings Co (Japan) ranks #227 out of 258 companies in the Restaurants industry, placing it in the top 88%.
Is McDonald's Holdings Co (Japan)'s Cyclically Adjusted PS Ratio too high?
McDonald's Holdings Co (Japan)'s current Cyclically Adjusted PS Ratio of 3.06 is 21% above median its 10-year median of 2.53. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 3.20. The Restaurants industry median Cyclically Adjusted PS Ratio is 0.69. McDonald's Holdings Co (Japan)'s value of 3.06 is 346.7% above this industry median. Based on the distribution chart, McDonald's Holdings Co (Japan) ranks #227 out of 258 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 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does McDonald's Holdings Co (Japan)'s Cyclically Adjusted PS Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, McDonald's Holdings Co (Japan) ranks #227 out of 258 companies for Cyclically Adjusted PS Ratio. This places McDonald's Holdings Co (Japan) in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.69. McDonald's Holdings Co (Japan)'s value of 3.06 is 346.7% above this benchmark. Historically, McDonald's Holdings Co (Japan)'s own Cyclically Adjusted PS Ratio has ranged from 2.18 to 3.20 over the past decade. While the company's 10-year median is 2.53 vs. the industry median of 0.69, 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 PS Ratio for a Restaurants company?
The median Cyclically Adjusted PS Ratio among Restaurants companies is 0.69, based on 258 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. McDonald's Holdings Co (Japan)'s current Cyclically Adjusted PS Ratio of 3.06 is 346.7% 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 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 McDonald's Holdings Co (Japan) and its competitors. For the Restaurants industry, the median Cyclically Adjusted PS Ratio is 0.69 — 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 PS Ratio is 3.06, which is 21% above median its own 10-year median of 2.53. 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 Modestly Overvalued. The stock's GF Value™ is 円6,526.04, compared to a current price of 円8,060.00 — trading 23.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.06, which is 21% above median its 10-year median of 2.53 and 346.7% above the Restaurants industry median of 0.69. McDonald's Holdings Co (Japan)'s overall GF Score™ is 78/100 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 McDonald's Holdings Co (Japan) (TSE:2702), the current Cyclically Adjusted PS Ratio is 3.06 as of Aug. 07, 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 overvalued. The current stock price of 円8,060.00 is trading 23.5% above its estimated GF Value™ of 円6,526.04. GuruFocus considers McDonald's Holdings Co (Japan) to be Modestly Overvalued.

Key valuation signals for TSE:2702:

  • Cyclically Adjusted PS Ratio: 3.06 (21% above median its 10-year median of 2.53)
  • GF Value™: 円6,526.04 vs. price of 円8,060.00 (23.5% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 346.7% above the Restaurants median (#227 of 258)

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.
78GF Score

Get the complete analysis for TSE:2702

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

円8,060.00
Price
円6,526.04
GF Value