YPF (BUE:YPFD) Cyclically Adjusted Book per Share: ARS2,663.93 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BUE:YPFD YPF SA BUE:YPFD
74 GF Score
Price ARS7,860.00
GF Value ARS6,306.22
Valuation Modestly Overvalued
! 7 Warning Signs
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What is YPF Cyclically Adjusted Book per Share?

YPF BUE:YPFD +0.58% 74 Cyclically Adjusted Book per Share is ARS2,663.93 as of Jun. 2026. GuruFocus rates BUE:YPFD with a GF Score™ of 74/100 and a GF Value™ of ARS6,306.22 (Modestly Overvalued). The stock has 7 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

YPF's adjusted book value per share for the three months ended in Jun. 2026 was ARS4,732.142. 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 ARS2,663.93 for the trailing ten years ended in Jun. 2026.

During the past 12 months, YPF's average Cyclically Adjusted Book Growth Rate was 21.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 55.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 64.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 58.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of YPF was 79.30% per year. The lowest was 5.30% per year. And the median was 32.90% per year.

As of today (2026-08-17), YPF's current stock price is ARS7860.00. YPF's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ARS2,663.93. YPF's Cyclically Adjusted PB Ratio of today is 2.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of YPF was 3.30. The lowest was 0.16. And the median was 0.72.


YPF  (BUE:YPFD) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

YPF's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7860.00/2663.93
=2.95

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of YPF was 3.30. The lowest was 0.16. And the median was 0.72.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


YPF Cyclically Adjusted Book per Share Related Terms


YPF Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for YPF's Cyclically Adjusted Book per Share 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.

YPF Cyclically Adjusted Book per Share Chart

YPF Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 383.26 631.88 1,224.95 1,995.56 2,393.78

YPF Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share 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 2,193.87 2,300.11 2,393.78 2,528.47 2,663.93

BUE:YPFD vs XOM, CVX: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas Integrated subindustry, YPF'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.


YPF Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


BUE:YPFD
74GF Score
YPF SA BUE:YPFD
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

YPF Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, YPF's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4732.142/333.9520*333.9520
=4,732.142

Current CPI (Jun. 2026) = 333.9520.

YPF Quarterly Data

Book Value per Share CPI Adj_Book
201609 276.914 241.428 383.038
201612 29.815 241.432 41.241
201703 29.261 243.801 40.081
201706 31.561 244.955 43.028
201709 32.875 246.819 44.481
201712 38.455 246.524 52.093
201803 43.531 249.554 58.253
201806 53.300 251.989 70.637
201809 82.300 252.439 108.875
201812 91.342 251.233 121.417
201903 93.314 254.202 122.589
201906 106.088 256.143 138.315
201909 1,300.001 256.759 1,690.838
201912 137.665 256.974 178.903
202003 1,450.426 258.115 1,876.577
202006 1,392.091 257.797 1,803.324
202009 1,420.352 260.280 1,822.381
202012 166.707 260.474 213.734
202103 1,843.694 264.877 2,324.495
202106 1,837.198 271.696 2,258.171
202109 1,960.590 274.310 2,386.872
202112 210.139 278.802 251.707
202203 2,316.983 287.504 2,691.306
202206 2,848.742 296.311 3,210.624
202209 3,542.718 296.808 3,986.071
202212 445.603 296.797 501.387
202303 5,435.815 301.836 6,014.197
202306 6,804.250 305.109 7,447.479
202309 9,774.390 307.789 10,605.243
202312 821.379 306.746 894.229
202403 21,020.034 312.332 22,475.066
202406 2,371.985 314.175 2,521.299
202409 2,882.099 315.301 3,052.584
202412 2,992.153 315.605 3,166.095
202503 3,164.398 319.799 3,304.441
202506 3,529.889 322.561 3,654.544
202509 3,940.283 324.800 4,051.310
202512 3,999.993 324.054 4,122.170
202603 4,049.954 330.213 4,095.812
202606 4,732.142 333.952 4,732.142

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

What does a Cyclically Adjusted Book per Share of ARS2,663.93 mean?
YPF (BUE:YPFD) has a Cyclically Adjusted Book per Share of ARS2,663.93 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on YPF and its competitors.
Is YPF's Cyclically Adjusted Book per Share too high?
YPF's current Cyclically Adjusted Book per Share is ARS2,663.93. Overall, YPF has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does YPF's Cyclically Adjusted Book per Share compare to XOM and CVX?
YPF's Cyclically Adjusted Book per Share of ARS2,663.93 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on YPF and its competitors. YPF's current Cyclically Adjusted Book per Share is ARS2,663.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YPF stock overvalued right now?
Based on GuruFocus' analysis, YPF (BUE:YPFD) is currently considered Modestly Overvalued. The stock's GF Value™ is ARS6,306.22, compared to a current price of ARS7,860.00 — trading 24.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is ARS2,663.93. YPF's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For YPF (BUE:YPFD), the current Cyclically Adjusted Book per Share is ARS2,663.93 as of Jun. 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 YPF (BUE:YPFD) Overvalued in 2026?

Based on GuruFocus' analysis, YPF stock appears to be overvalued. The current stock price of ARS7,860.00 is trading 24.6% above its estimated GF Value™ of ARS6,306.22. GuruFocus considers YPF to be Modestly Overvalued.

Key valuation signals for BUE:YPFD:

  • Cyclically Adjusted Book per Share: ARS2,663.93
  • GF Value™: ARS6,306.22 vs. price of ARS7,860.00 (24.6% above fair value)
  • GF Score™: 74/100 with 7 warning signs

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


YPF Business Description

Industry EnergyOil & Gas
Address Macacha Guemes 515, Buenos Aires, ARG, C1106BKK
YPF SA is an Argentina-based integrated oil and gas company. The company operates through four business segments: Upstream, Midstream and Downstream, LNG and Integrated Gas, and New Energies. The Upstream segment focuses on the exploration and production of crude oil and natural gas. The Midstream and Downstream segment includes refining, transportation, and commercialization of crude oil, refined, and petrochemical products. The LNG and Integrated Gas segment is involved in natural gas transportation, processing, storage, and commercialization. The New Energies segment focuses on energy transition initiatives, including natural gas distribution, power generation, renewable energy, and related technology development. It generates majority of revenue from Midstream and Downstream segment.
74GF Score

Get the complete analysis for BUE:YPFD

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS7,860.00
Price
ARS6,306.22
GF Value