McDonald's (UKEX:MCD) Cyclically Adjusted PS Ratio: 8.46 (As of Jul. 21, 2026) — 13% Above Median

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UKEX:MCD McDonald's Corp UKEX:MCD
74 GF Score
Price ₴10,808.00
GF Value ₴13,200.67
! 2 Warning Signs
View Full Analysis

What is McDonald's Cyclically Adjusted PS Ratio?

McDonald's UKEX:MCD 74 Cyclically Adjusted PS Ratio is 8.46 as of Jul. 21, 2026, which is 13% above its 10-year median of 7.52. GuruFocus rates UKEX:MCD with a GF Score™ of 74/100 and a GF Value™ of ₴13,200.67. The stock has 2 warning signs investors should review. Among 254 Restaurants companies, McDonald's ranks worse than 97.24% on this metric.

As of today (2026-07-21), McDonald's's current share price is ₴10808.00. McDonald's's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₴1,277.67. McDonald's's Cyclically Adjusted PS Ratio for today is 8.46.

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

UKEX:MCD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.27   Med: 7.52   Max: 9.46
Current: 7.29

During the past years, McDonald's's highest Cyclically Adjusted PS Ratio was 9.46. The lowest was 4.27. And the median was 7.52.

UKEX:MCD's Cyclically Adjusted PS Ratio is ranked worse than
97.24% of 254 companies
in the Restaurants industry
Industry Median: 0.69 vs UKEX:MCD: 7.29

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's adjusted revenue per share data for the three months ended in Mar. 2026 was ₴409.042. 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 ₴1,277.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


McDonald's  (UKEX:MCD) 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 Cyclically Adjusted PS Ratio Related Terms


McDonald's Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for McDonald's'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 Cyclically Adjusted PS Ratio Chart

McDonald's 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 8.51 7.94 8.69 8.28 8.48

McDonald's 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 8.80 8.16 8.42 8.48 8.46

UKEX:MCD vs SBUX, YUM, CMG: Cyclically Adjusted PS Ratio Comparison

For the Restaurants subindustry, McDonald's'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 Cyclically Adjusted PS Ratio vs Restaurants Industry

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

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


UKEX:MCD
74GF Score
McDonald's Corp UKEX:MCD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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McDonald's 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's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10808.00/1277.67
=8.46

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

For example, McDonald's'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)
=409.042/330.2130*330.2130
=409.042

Current CPI (Mar. 2026) = 330.2130.

McDonald's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 322.045 241.018 441.226
201609 339.378 241.428 464.184
201612 325.528 241.432 445.233
201703 308.027 243.801 417.203
201706 330.718 244.955 445.826
201709 316.790 246.819 423.825
201712 297.525 246.524 398.528
201803 288.138 249.554 381.268
201806 304.617 251.989 399.178
201809 308.438 252.439 403.465
201812 311.026 251.233 408.803
201903 291.595 254.202 378.787
201906 315.165 256.143 406.303
201909 322.568 256.759 414.849
201912 321.848 256.974 413.576
202003 281.238 258.115 359.795
202006 225.022 257.797 288.231
202009 323.519 260.280 410.443
202012 316.869 260.474 401.707
202103 305.586 264.877 380.964
202106 350.589 271.696 426.098
202109 369.005 274.310 444.206
202112 358.092 278.802 424.124
202203 339.383 287.504 389.799
202206 345.131 296.311 384.619
202209 355.606 296.808 395.629
202212 360.473 296.797 401.058
202303 359.117 301.836 392.879
202306 396.235 305.109 428.837
202309 409.634 307.789 439.478
202312 394.298 306.746 424.463
202403 380.585 312.332 402.373
202406 402.551 314.175 423.100
202409 427.554 315.301 447.775
202412 397.602 315.605 416.005
202503 371.322 319.799 383.414
202506 427.049 322.561 437.180
202509 442.701 324.800 450.079
202512 439.552 324.054 447.906
202603 409.042 330.213 409.042

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 8.46 mean?
McDonald's (UKEX:MCD) has a Cyclically Adjusted PS Ratio of 8.46 as of Jul. 21, 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 and its competitors. This is 13% above median its historical median of 7.52. Over the past decade, McDonald's' Cyclically Adjusted PS Ratio has ranged from 4.27 to 9.46. According to the industry distribution chart, McDonald's ranks #247 out of 254 companies in the Restaurants industry, placing it in the top 97.2%.
Is McDonald's' Cyclically Adjusted PS Ratio too high?
McDonald's' current Cyclically Adjusted PS Ratio of 8.46 is 13% above median its 10-year median of 7.52. Over the past 10 years, this metric has ranged from a low of 4.27 to a high of 9.46. The Restaurants industry median Cyclically Adjusted PS Ratio is 0.69. McDonald's' value of 8.46 is 1126.1% above this industry median. Based on the distribution chart, McDonald's ranks #247 out of 254 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, McDonald's has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does McDonald's' Cyclically Adjusted PS Ratio compare to SBUX and YUM?
According to the Restaurants industry distribution chart, McDonald's ranks #247 out of 254 companies for Cyclically Adjusted PS Ratio. This places McDonald's in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.69. McDonald's' value of 8.46 is 1126.1% above this benchmark. Historically, McDonald's' own Cyclically Adjusted PS Ratio has ranged from 4.27 to 9.46 over the past decade. While the company's 10-year median is 7.52 vs. the industry median of 0.69, McDonald's 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 254 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's current Cyclically Adjusted PS Ratio of 8.46 is 1126.1% 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 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's current Cyclically Adjusted PS Ratio is 8.46, which is 13% above median its own 10-year median of 7.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McDonald's stock overvalued right now?
McDonald's (UKEX:MCD) has a current Cyclically Adjusted PS Ratio of 8.46. The stock's GF Value™ is ₴13,200.67, compared to a current price of ₴10,808.00 — trading 18.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.46, which is 13% above median its 10-year median of 7.52 and 1126.1% above the Restaurants industry median of 0.69. McDonald's' overall GF Score™ is 74/100 with 2 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 (UKEX:MCD), the current Cyclically Adjusted PS Ratio is 8.46 as of Jul. 21, 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 (UKEX:MCD) Overvalued in 2026?

Based on GuruFocus' analysis, McDonald's stock appears to be undervalued. The current stock price of ₴10,808.00 is trading 18.1% below its estimated GF Value™ of ₴13,200.67.

Key valuation signals for UKEX:MCD:

  • Cyclically Adjusted PS Ratio: 8.46 (13% above median its 10-year median of 7.52)
  • GF Value™: ₴13,200.67 vs. price of ₴10,808.00 (18.1% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 1126.1% above the Restaurants median (#247 of 254)

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


McDonald's Business Description

Address 110 North Carpenter Street, Chicago, IL, USA, 60607
McDonald's is the world's largest restaurant brand, with nearly $139 billion in systemwide sales across more than 45,000 restaurants and over 100 markets. The quick-service chain built its early reputation on speed, consistency, and affordable hamburgers, and today its global menu spans burgers, chicken, breakfast, and beverages that have helped popularize American fast-food cuisine worldwide. The firm derives the bulk of its revenue from franchise royalties and rent (about 62%), with the remainder stemming from company-operated restaurants across three segments: the United States (39% of systemwide sales), international operated markets (35%), and international developmental/licensed markets (26%).
74GF 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.

₴10,808.00
Price
₴13,200.67
GF Value