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McDonald's Holdings Co (Japan) (STU:MJ8) Cyclically Adjusted PB Ratio : 4.97 (As of Jun. 11, 2024)


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What is McDonald's Holdings Co (Japan) Cyclically Adjusted PB Ratio?

As of today (2024-06-11), McDonald's Holdings Co (Japan)'s current share price is €37.60. McDonald's Holdings Co (Japan)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €7.57. McDonald's Holdings Co (Japan)'s Cyclically Adjusted PB Ratio for today is 4.97.

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

STU:MJ8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.97   Med: 4.53   Max: 5.5
Current: 5.07

During the past years, McDonald's Holdings Co (Japan)'s highest Cyclically Adjusted PB Ratio was 5.50. The lowest was 3.97. And the median was 4.53.

STU:MJ8's Cyclically Adjusted PB Ratio is ranked worse than
79.65% of 231 companies
in the Restaurants industry
Industry Median: 2.12 vs STU:MJ8: 5.07

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

McDonald's Holdings Co (Japan)'s adjusted book value per share data for the three months ended in Mar. 2024 was €10.522. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €7.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


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

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

* Premium members only.

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

McDonald's Holdings Co (Japan) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.66 4.47 4.45 4.15 4.86

McDonald's Holdings Co (Japan) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB 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 4.55 4.58 4.59 4.86 5.42

Competitive Comparison of McDonald's Holdings Co (Japan)'s Cyclically Adjusted PB Ratio

For the Restaurants subindustry, McDonald's Holdings Co (Japan)'s Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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)'s Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

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

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



McDonald's Holdings Co (Japan) Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.60/7.57
=4.97

* 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 Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, McDonald's Holdings Co (Japan)'s adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.522/107.2000*107.2000
=10.522

Current CPI (Mar. 2024) = 107.2000.

McDonald's Holdings Co (Japan) Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.198 98.000 10.061
201409 8.703 98.500 9.472
201412 7.543 97.900 8.260
201503 7.439 97.900 8.146
201506 6.348 98.400 6.916
201509 6.361 98.500 6.923
201512 6.168 98.100 6.740
201603 6.247 97.900 6.840
201606 6.654 98.100 7.271
201609 7.090 98.000 7.756
201612 6.761 98.400 7.366
201703 7.069 98.100 7.725
201706 7.030 98.500 7.651
201709 6.897 98.800 7.483
201712 7.298 99.400 7.871
201803 7.666 99.200 8.284
201806 8.076 99.200 8.727
201809 8.339 99.900 8.948
201812 8.616 99.700 9.264
201903 8.850 99.700 9.516
201906 9.366 99.800 10.060
201909 9.888 100.100 10.589
201912 9.883 100.500 10.542
202003 10.091 100.300 10.785
202006 10.187 99.900 10.931
202009 10.341 99.900 11.097
202012 10.428 99.300 11.258
202103 10.235 99.900 10.983
202106 10.273 99.500 11.068
202109 10.923 100.100 11.698
202112 11.357 100.100 12.163
202203 11.106 101.100 11.776
202206 10.502 101.800 11.059
202209 10.789 103.100 11.218
202212 10.879 104.100 11.203
202303 10.869 104.400 11.161
202306 10.455 105.200 10.654
202309 10.563 106.200 10.662
202312 10.858 106.800 10.899
202403 10.522 107.200 10.522

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


McDonald's Holdings Co (Japan)  (STU:MJ8) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


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

Thank you for viewing the detailed overview of McDonald's Holdings Co (Japan)'s Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


McDonald's Holdings Co (Japan) (STU:MJ8) Business Description

Traded in Other Exchanges
Address
6-5-1 Nishi-Shinjuku, Shinjuku i-Land 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. The company owns and operates more than 1,000 restaurants and franchises more than 2,000 restaurants. Roughly three-quarters of McDonald's Holdings Japan's revenue is from sales at the fast-food restaurants that it owns and operates. Most remaining revenue consists of royalties from its franchisees. McDonald's Holdings Japan pays royalties to McDonald's based on sales at its owned and franchised restaurants.

McDonald's Holdings Co (Japan) (STU:MJ8) Headlines

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