As of Q3'25, McDonald's ( MCD ) P/B Ratio stands at -100.64, marking a significant decline from previous quarters. This latest data point reflects a continued downward trend in the company's price-to-book valuation over the reported period. From Q1'23 to Q3'25, the P/B Ratio has consistently decreased, moving from -37.308 to -100.64. The decline accelerated notably after Q4'24, with the ratio dropping from -58.467 in Q4'24 to -100.64 in Q3'25. This persistent negative trend suggests increasing market skepticism regarding the company's book value, with the most pronounced deterioration occurring in the most recent quarters. The chart covers a period from Q1'23 to Q3'25 and highlights a sharp, ongoing decline in the P/B Ratio.