HF Sinclair (MEX:DINO) Cyclically Adjusted PB Ratio: 1.36 (As of Jul. 31, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:DINO HF Sinclair Corp MEX:DINO
60 GF Score
Price MXN889.42
GF Value MXN501.57
! 5 Warning Signs
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What is HF Sinclair Cyclically Adjusted PB Ratio?

HF Sinclair MEX:DINO 60 Cyclically Adjusted PB Ratio is 1.36 as of Jul. 31, 2026, which is 2% above its 10-year median of 1.33. GuruFocus rates MEX:DINO with a GF Score™ of 60/100 and a GF Value™ of MXN501.57. The stock has 5 warning signs investors should review. Among 765 Oil & Gas companies, HF Sinclair ranks worse than 69.54% on this metric.

As of today (2026-07-31), HF Sinclair's current share price is MXN889.42. HF Sinclair's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN654.34. HF Sinclair's Cyclically Adjusted PB Ratio for today is 1.36.

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

MEX:DINO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.33   Max: 3.63
Current: 2.01

During the past years, HF Sinclair's highest Cyclically Adjusted PB Ratio was 3.63. The lowest was 0.57. And the median was 1.33.

MEX:DINO's Cyclically Adjusted PB Ratio is ranked worse than
69.54% of 765 companies
in the Oil & Gas industry
Industry Median: 1.21 vs MEX:DINO: 2.01

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.

HF Sinclair's adjusted book value per share data for the three months ended in Mar. 2026 was MXN973.191. 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 MXN654.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


HF Sinclair  (MEX:DINO) 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.


HF Sinclair Cyclically Adjusted PB Ratio Related Terms


HF Sinclair Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for HF Sinclair'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.

HF Sinclair Cyclically Adjusted PB Ratio Chart

HF Sinclair Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 1.37 1.38 0.82 1.03

HF Sinclair Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.93 1.18 1.03 1.36 0.00

MEX:DINO vs SUN, PBF, IEP: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, HF Sinclair'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.


HF Sinclair Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


MEX:DINO
60GF Score
HF Sinclair Corp MEX:DINO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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HF Sinclair 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.

HF Sinclair's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=889.42/654.34
=1.36

* 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.

HF Sinclair's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=973.191/330.2130*330.2130
=973.191

Current CPI (Mar. 2026) = 330.2130.

HF Sinclair Quarterly Data

Book Value per Share CPI Adj_Book
201606 485.734 241.018 665.493
201609 510.680 241.428 698.482
201612 544.229 241.432 744.357
201703 487.655 243.801 660.498
201706 470.450 244.955 634.193
201709 496.385 246.819 664.101
201712 594.564 246.524 796.404
201803 573.607 249.554 759.004
201806 650.859 251.989 852.903
201809 644.628 252.439 843.232
201812 675.171 251.233 887.424
201903 688.843 254.202 894.820
201906 696.243 256.143 897.579
201909 734.269 256.759 944.330
201912 696.638 256.974 895.184
202003 810.283 258.115 1,036.615
202006 767.405 257.797 982.972
202009 727.587 260.280 923.078
202012 633.006 260.474 802.486
202103 661.789 264.877 825.029
202106 666.871 271.696 810.500
202109 724.671 274.310 872.355
202112 715.832 278.802 847.831
202203 723.927 287.504 831.467
202206 831.119 296.311 926.210
202209 899.172 296.808 1,000.372
202212 914.443 296.797 1,017.399
202303 868.943 301.836 950.636
202306 865.512 305.109 936.725
202309 945.294 307.789 1,014.163
202312 863.073 306.746 929.101
202403 859.327 312.332 908.523
202406 949.530 314.175 998.002
202409 1,005.035 315.301 1,052.568
202412 1,027.033 315.605 1,074.570
202503 997.572 319.799 1,030.057
202506 934.213 322.561 956.375
202509 940.411 324.800 956.084
202512 909.655 324.054 926.944
202603 973.191 330.213 973.191

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.

What does a Cyclically Adjusted PB Ratio of 1.36 mean?
HF Sinclair (MEX:DINO) has a Cyclically Adjusted PB Ratio of 1.36 as of Jul. 31, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on HF Sinclair and its competitors. This is near median its historical median of 1.33. Over the past decade, HF Sinclair's Cyclically Adjusted PB Ratio has ranged from 0.57 to 3.63. According to the industry distribution chart, HF Sinclair ranks #532 out of 765 companies in the Oil & Gas industry, placing it in the top 69.5%.
Is HF Sinclair's Cyclically Adjusted PB Ratio too high?
HF Sinclair's current Cyclically Adjusted PB Ratio of 1.36 is near median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 3.63. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. HF Sinclair's value of 1.36 is 12.4% above this industry median. Based on the distribution chart, HF Sinclair ranks #532 out of 765 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, HF Sinclair has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does HF Sinclair's Cyclically Adjusted PB Ratio compare to SUN and PBF?
According to the Oil & Gas industry distribution chart, HF Sinclair ranks #532 out of 765 companies for Cyclically Adjusted PB Ratio. This places HF Sinclair in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. HF Sinclair's value of 1.36 is 12.4% above this benchmark. Historically, HF Sinclair's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 3.63 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 1.21, HF Sinclair has consistently been above 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 Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 765 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HF Sinclair's current Cyclically Adjusted PB Ratio of 1.36 is 12.4% above 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on HF Sinclair and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HF Sinclair's current Cyclically Adjusted PB Ratio is 1.36, which is near median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HF Sinclair stock overvalued right now?
HF Sinclair (MEX:DINO) has a current Cyclically Adjusted PB Ratio of 1.36. The stock's GF Value™ is MXN501.57, compared to a current price of MXN889.42 — trading 77.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.36, which is near median its 10-year median of 1.33 and 12.4% above the Oil & Gas industry median of 1.21. HF Sinclair's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For HF Sinclair (MEX:DINO), the current Cyclically Adjusted PB Ratio is 1.36 as of Jul. 31, 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 HF Sinclair (MEX:DINO) Overvalued in 2026?

Based on GuruFocus' analysis, HF Sinclair stock appears to be overvalued. The current stock price of MXN889.42 is trading 77.3% above its estimated GF Value™ of MXN501.57.

Key valuation signals for MEX:DINO:

  • Cyclically Adjusted PB Ratio: 1.36 (near median its 10-year median of 1.33)
  • GF Value™: MXN501.57 vs. price of MXN889.42 (77.3% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 12.4% above the Oil & Gas median (#532 of 765)

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


HF Sinclair Business Description

Industry EnergyOil & Gas
Other Exchanges DINO:USAHL80:Germany
Address 2323 Victory Avenue, Suite 1400, Dallas, TX, USA, 75219
HF Sinclair is an integrated petroleum refiner that owns and operates seven refineries serving the Rockies, midcontinent, Southwest, and Pacific Northwest, with a total crude oil throughput capacity of 678,000 barrels per day. It can produce 380 million gallons of renewable diesel annually. It operates a marketing business with over 350 distributors and 1,700 branded wholesale sites across 30 states. It also owns and operates 4,500 miles of petroleum product pipelines and terminals principally in the Southwestern United States.
60GF Score

Get the complete analysis for MEX:DINO

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

MXN889.42
Price
MXN501.57
GF Value