McDonald's Holdings Co (Japan) (TSE:2702) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2702 McDonald's Holdings Co (Japan) Ltd TSE:2702
69 GF Score
Price 円7,860.00
GF Value 円6,627.05
Valuation Modestly Overvalued
! 6 Warning Signs
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What is McDonald's Holdings Co (Japan) Cyclically Adjusted PS Ratio?

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 2.55 2.38 2.75 2.56 2.44

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 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 2.35 2.41 2.43 3.11 2.76

TSE:2702 vs MCD, SBUX, CMG: 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
69GF 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.
View Full Analysis

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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=752.79/113.6000*113.6000
=752.790

Current CPI (Jun. 2026) = 113.6000.

McDonald's Holdings Co (Japan) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 453.967 98.000 526.231
201612 461.751 98.400 533.078
201703 459.104 98.100 531.643
201706 452.673 98.500 522.068
201709 495.468 98.800 569.688
201712 500.409 99.400 571.896
201803 504.456 99.200 577.683
201806 495.852 99.200 567.831
201809 524.274 99.900 596.171
201812 523.093 99.700 596.022
201903 518.085 99.700 590.316
201906 509.006 99.800 579.390
201909 550.350 100.100 624.573
201912 541.731 100.500 612.345
202003 543.671 100.300 615.763
202006 503.591 99.900 572.652
202009 558.247 99.900 634.803
202012 563.068 99.300 644.154
202103 570.789 99.900 649.065
202106 566.904 99.500 647.239
202109 641.438 100.100 727.946
202112 610.293 100.100 692.600
202203 633.952 101.100 712.334
202206 631.308 101.800 704.485
202209 689.709 103.100 759.951
202212 694.726 104.100 758.126
202303 692.392 104.400 753.407
202306 679.917 105.200 734.207
202309 751.909 106.200 804.302
202312 748.773 106.800 796.448
202403 762.414 107.200 807.931
202406 749.307 108.200 786.703
202409 771.795 108.900 805.105
202412 766.132 110.700 786.202
202503 761.266 111.100 778.396
202506 767.884 111.700 780.946
202509 819.886 112.000 831.599
202512 784.281 113.000 788.445
202603 781.957 112.700 788.202
202606 752.790 113.600 752.790

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.

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7,860.00 is trading 18.6% above its estimated GF Value™ of 円6,627.05. GuruFocus considers McDonald's Holdings Co (Japan) to be Modestly Overvalued.

Key valuation signals for TSE:2702:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円6,627.05 vs. price of 円7,860.00 (18.6% above fair value)
  • GF Score™: 69/100 with 6 warning signs

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.
69GF 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7,860.00
Price
円6,627.05
GF Value