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YPF (FRA:YPF) Cyclically Adjusted PS Ratio : 5.11 (As of Jun. 09, 2024)


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What is YPF Cyclically Adjusted PS Ratio?

As of today (2024-06-09), YPF's current share price is €18.50. YPF's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.62. YPF's Cyclically Adjusted PS Ratio for today is 5.11.

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

FRA:YPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.53   Max: 6.71
Current: 6.03

During the past years, YPF's highest Cyclically Adjusted PS Ratio was 6.71. The lowest was 0.58. And the median was 1.53.

FRA:YPF's Cyclically Adjusted PS Ratio is ranked worse than
93.79% of 757 companies
in the Oil & Gas industry
Industry Median: 0.89 vs FRA:YPF: 6.03

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.

YPF's adjusted revenue per share data for the three months ended in Mar. 2024 was €9.947. 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 €3.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


YPF Cyclically Adjusted PS Ratio Historical Data

The historical data trend for YPF'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.

* Premium members only.

YPF Cyclically Adjusted PS Ratio Chart

YPF Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 0.98 0.76 1.78 4.97

YPF Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.20 3.35 3.75 4.97 5.05

Competitive Comparison of YPF's Cyclically Adjusted PS Ratio

For the Oil & Gas Integrated subindustry, YPF'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.


YPF's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, YPF's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



YPF 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.

YPF's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.50/3.62
=5.11

* 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.

YPF's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, YPF's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.947/131.7762*131.7762
=9.947

Current CPI (Mar. 2024) = 131.7762.

YPF Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.144 100.560 10.672
201409 8.910 100.428 11.691
201412 9.198 99.070 12.235
201503 9.268 99.621 12.259
201506 10.002 100.684 13.091
201509 9.658 100.392 12.677
201512 7.397 99.792 9.768
201603 7.357 100.470 9.649
201606 7.981 101.688 10.342
201609 8.273 101.861 10.703
201612 8.143 101.863 10.534
201703 8.358 102.862 10.707
201706 8.268 103.349 10.542
201709 8.077 104.136 10.221
201712 7.792 104.011 9.872
201803 7.548 105.290 9.447
201806 7.025 106.317 8.707
201809 6.391 106.507 7.907
201812 8.694 105.998 10.808
201903 6.694 107.251 8.225
201906 8.539 108.070 10.412
201909 7.299 108.329 8.879
201912 7.924 108.420 9.631
202003 6.181 108.902 7.479
202006 4.296 108.767 5.205
202009 4.926 109.815 5.911
202012 4.666 109.897 5.595
202103 5.391 111.754 6.357
202106 6.985 114.631 8.030
202109 7.764 115.734 8.840
202112 3.810 117.630 4.268
202203 8.297 121.301 9.014
202206 11.472 125.017 12.092
202209 12.970 125.227 13.648
202212 16.530 125.222 17.395
202303 9.973 127.348 10.320
202306 9.541 128.729 9.767
202309 10.098 129.860 10.247
202312 17.869 129.419 18.194
202403 9.947 131.776 9.947

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.


YPF  (FRA:YPF) 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.


YPF Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of YPF's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


YPF (FRA:YPF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » YPF SA (FRA:YPF) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
Address
Macacha Guemes 515, Buenos Aires, ARG, C1106BKK
YPF SA is an Argentina-based integrated oil and gas company. It is engaged in operating a fully integrated oil and gas chain across the domestic upstream, downstream, and gas and power segments. The company's upstream operations consist of the exploration, development, and production of crude oil, natural gas, and LPG. Its downstream operations include the refining, marketing, transportation, and distribution of oil and a wide range of petroleum products, petroleum derivatives, petrochemicals, LPG, and bio-fuels. The company generates maximum revenue from the downstream segment.