McDonald's (MEX:MCD) Shiller PE Ratio: 24.65 (As of Aug. 22, 2026) — 24% Below Median

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MEX:MCD McDonald's Corp MEX:MCD
64 GF Score
Price MXN4,565.70
GF Value MXN5,576.80
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is McDonald's Shiller PE Ratio?

McDonald's MEX:MCD -0.05% 64 Shiller PE Ratio is 24.65 as of Aug. 22, 2026, which is 24% below its 10-year median of 32.23. GuruFocus rates MEX:MCD with a GF Score™ of 64/100 and a GF Value™ of MXN5,576.80 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 157 Restaurants companies, McDonald's ranks worse than 50.32% on this metric.

As of today (2026-08-22), McDonald's's current share price is MXN4565.70. McDonald's's E10 for the quarter that ended in Jun. 2026 was MXN185.21. McDonald's's Shiller PE Ratio for today is 24.65.

The historical rank and industry rank for McDonald's's Shiller PE Ratio or its related term are showing as below:

MEX:MCD' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.04   Med: 32.23   Max: 37.83
Current: 25.53

During the past years, McDonald's's highest Shiller PE Ratio was 37.83. The lowest was 23.04. And the median was 32.23.

MEX:MCD's Shiller PE Ratio is ranked worse than
50.32% of 157 companies
in the Restaurants industry
Industry Median: 25.36 vs MEX:MCD: 25.53

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

McDonald's's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN57.931. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN185.21 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


McDonald's  (MEX:MCD) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


McDonald's Shiller PE Ratio Related Terms


McDonald's Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for McDonald's's Shiller PE 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 Shiller PE Ratio Chart

McDonald's Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.24 33.74 34.87 31.34 30.44

McDonald's Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 29.98 30.57 30.44 30.07 25.47

MEX:MCD vs SBUX, YUM, CMG: Shiller PE Ratio Comparison

For the Restaurants subindustry, McDonald's's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Restaurants Industry

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

* The bar in red indicates where McDonald's's Shiller PE Ratio falls into.


MEX:MCD
64GF Score
McDonald's Corp MEX:MCD
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

McDonald's Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

McDonald's's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4565.70/185.21
=24.65

* 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 E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, McDonald's's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=57.931/333.9520*333.9520
=57.931

Current CPI (Jun. 2026) = 333.9520.

McDonald's Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 29.003 241.428 40.118
201612 29.688 241.432 41.065
201703 27.679 243.801 37.914
201706 30.729 244.955 41.893
201709 42.103 246.819 56.966
201712 17.086 246.524 23.145
201803 31.248 249.554 41.816
201806 37.334 251.989 49.477
201809 39.280 252.439 51.964
201812 35.736 251.233 47.502
201903 33.365 254.202 43.832
201906 37.842 256.143 49.337
201909 41.656 256.759 54.180
201912 39.229 256.974 50.980
202003 34.469 258.115 44.596
202006 15.003 257.797 19.435
202009 51.914 260.280 66.608
202012 36.601 260.474 46.926
202103 41.904 264.877 52.832
202106 58.723 271.696 72.179
202109 58.807 274.310 71.593
202112 44.721 278.802 53.567
202203 29.468 287.504 34.229
202206 32.189 296.311 36.278
202209 53.908 296.808 60.654
202212 50.495 296.797 56.816
202303 44.161 301.836 48.860
202306 54.003 305.109 59.108
202309 55.218 307.789 59.912
202312 47.528 306.746 51.743
202403 44.146 312.332 47.202
202406 51.296 314.175 54.525
202409 61.631 315.301 65.277
202412 58.396 315.605 61.791
202503 53.191 319.799 55.545
202506 59.124 322.561 61.212
202509 58.335 324.800 59.979
202512 54.557 324.054 56.223
202603 50.131 330.213 50.699
202606 57.931 333.952 57.931

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 24.65 mean?
McDonald's (MEX:MCD) has a Shiller PE Ratio of 24.65 as of Aug. 22, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on McDonald's and its competitors. This is 24% below median its historical median of 32.23. Over the past decade, McDonald's' Shiller PE Ratio has ranged from 23.04 to 37.83. According to the industry distribution chart, McDonald's ranks #79 out of 157 companies in the Restaurants industry, placing it in the top 50.3%.
Is McDonald's' Shiller PE Ratio too high?
McDonald's' current Shiller PE Ratio of 24.65 is 24% below median its 10-year median of 32.23. Over the past 10 years, this metric has ranged from a low of 23.04 to a high of 37.83. The Restaurants industry median Shiller PE Ratio is 25.36. McDonald's' value of 24.65 is 2.8% below this industry median. Based on the distribution chart, McDonald's ranks #79 out of 157 companies in the Restaurants industry, which is below the industry midpoint. Overall, McDonald's has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does McDonald's' Shiller PE Ratio compare to SBUX and YUM?
According to the Restaurants industry distribution chart, McDonald's ranks #79 out of 157 companies for Shiller PE Ratio. This places McDonald's in the lower half of its industry. The industry median Shiller PE Ratio is 25.36. McDonald's' value of 24.65 is 2.8% below this benchmark. Historically, McDonald's' own Shiller PE Ratio has ranged from 23.04 to 37.83 over the past decade. While the company's 10-year median is 32.23 vs. the industry median of 25.36, McDonald's has consistently been below 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 Shiller PE Ratio for a Restaurants company?
The median Shiller PE Ratio among Restaurants companies is 25.36, based on 157 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. McDonald's's current Shiller PE Ratio of 24.65 is 2.8% below 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on McDonald's and its competitors. For the Restaurants industry, the median Shiller PE Ratio is 25.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McDonald's's current Shiller PE Ratio is 24.65, which is 24% below median its own 10-year median of 32.23. 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?
Based on GuruFocus' analysis, McDonald's (MEX:MCD) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN5,576.80, compared to a current price of MXN4,565.70 — trading 18.1% below its estimated fair value. The current Shiller PE Ratio is 24.65, which is 24% below median its 10-year median of 32.23 and 2.8% below the Restaurants industry median of 25.36. McDonald's' overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For McDonald's (MEX:MCD), the current Shiller PE Ratio is 24.65 as of Aug. 22, 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 (MEX:MCD) Overvalued in 2026?

Based on GuruFocus' analysis, McDonald's stock appears to be undervalued. The current stock price of MXN4,565.70 is trading 18.1% below its estimated GF Value™ of MXN5,576.80. GuruFocus considers McDonald's to be Modestly Undervalued.

Key valuation signals for MEX:MCD:

  • Shiller PE Ratio: 24.65 (24% below median its 10-year median of 32.23)
  • GF Value™: MXN5,576.80 vs. price of MXN4,565.70 (18.1% below fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 2.8% below the Restaurants median (#79 of 157)

No single metric tells the full story. See the MEX: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%).
64GF Score

Get the complete analysis for MEX:MCD

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

MXN4,565.70
Price
MXN5,576.80
GF Value