YPF (BSP:Y2PF34) Cyclically Adjusted PS Ratio: 1.85 (As of Aug. 05, 2026) — 256% Above Median

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BSP:Y2PF34 YPF SA BSP:Y2PF34
45 GF Score
Price R$261.09
GF Value R$158.70
Valuation Significantly Overvalued
! 7 Warning Signs
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What is YPF Cyclically Adjusted PS Ratio?

YPF BSP:Y2PF34 45 Cyclically Adjusted PS Ratio is 1.85 as of Aug. 05, 2026, which is 256% above its 10-year median of 0.52. GuruFocus rates BSP:Y2PF34 with a GF Score™ of 45/100 and a GF Value™ of R$158.70 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 708 Oil & Gas companies, YPF ranks worse than 68.64% on this metric.

As of today (2026-08-05), YPF's current share price is R$261.09. YPF's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$140.98. YPF's Cyclically Adjusted PS Ratio for today is 1.85.

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

BSP:Y2PF34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.52   Max: 2.08
Current: 2.03

During the past years, YPF's highest Cyclically Adjusted PS Ratio was 2.08. The lowest was 0.14. And the median was 0.52.

BSP:Y2PF34's Cyclically Adjusted PS Ratio is ranked worse than
68.64% of 708 companies
in the Oil & Gas industry
Industry Median: 1.055 vs BSP:Y2PF34: 2.03

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. 2026 was R$6.593. 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 R$140.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


YPF  (BSP:Y2PF34) 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


YPF Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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.

YPF Cyclically Adjusted PS Ratio Chart

YPF Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.39 0.95 1.62 1.45

YPF Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.41 1.11 1.04 1.45 1.69

BSP:Y2PF34 vs XOM, CVX: Cyclically Adjusted PS Ratio Comparison

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 Cyclically Adjusted PS Ratio vs 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.


BSP:Y2PF34
45GF Score
YPF SA BSP:Y2PF34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=261.09/140.98
=1.85

* 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. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.593/330.2130*330.2130
=6.593

Current CPI (Mar. 2026) = 330.2130.

YPF Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 30.685 241.018 42.041
201609 30.077 241.428 41.138
201612 2.881 241.432 3.940
201703 2.796 243.801 3.787
201706 3.061 244.955 4.126
201709 3.015 246.819 4.034
201712 3.039 246.524 4.071
201803 3.052 249.554 4.038
201806 3.095 251.989 4.056
201809 3.064 252.439 4.008
201812 4.401 251.233 5.785
201903 2.905 254.202 3.774
201906 3.720 256.143 4.796
201909 33.028 256.759 42.477
201912 3.614 256.974 4.644
202003 3.337 258.115 4.269
202006 25.041 257.797 32.075
202009 31.289 260.280 39.696
202012 2.920 260.474 3.702
202103 3.617 264.877 4.509
202106 42.236 271.696 51.333
202109 48.115 274.310 57.921
202112 6.400 278.802 7.580
202203 4.547 287.504 5.222
202206 61.167 296.311 68.165
202209 67.315 296.808 74.891
202212 9.144 296.797 10.174
202303 55.421 301.836 60.631
202306 53.990 305.109 58.432
202309 56.555 307.789 60.675
202312 5.141 306.746 5.534
202403 54.177 312.332 57.279
202406 6.760 314.175 7.105
202409 7.483 315.301 7.837
202412 7.401 315.605 7.744
202503 6.753 319.799 6.973
202506 6.692 322.561 6.851
202509 6.406 324.800 6.513
202512 6.355 324.054 6.476
202603 6.593 330.213 6.593

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.

What does a Cyclically Adjusted PS Ratio of 1.85 mean?
YPF (BSP:Y2PF34) has a Cyclically Adjusted PS Ratio of 1.85 as of Aug. 05, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on YPF and its competitors. This is 256% above median its historical median of 0.52. Over the past decade, YPF's Cyclically Adjusted PS Ratio has ranged from 0.14 to 2.08. According to the industry distribution chart, YPF ranks #486 out of 708 companies in the Oil & Gas industry, placing it in the top 68.6%.
Is YPF's Cyclically Adjusted PS Ratio too high?
YPF's current Cyclically Adjusted PS Ratio of 1.85 is 256% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 2.08. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. YPF's value of 1.85 is 75.4% above this industry median. Based on the distribution chart, YPF ranks #486 out of 708 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, YPF has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does YPF's Cyclically Adjusted PS Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, YPF ranks #486 out of 708 companies for Cyclically Adjusted PS Ratio. This places YPF in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. YPF's value of 1.85 is 75.4% above this benchmark. Historically, YPF's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 2.08 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.06, YPF 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 PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.06, based on 708 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. YPF's current Cyclically Adjusted PS Ratio of 1.85 is 75.4% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on YPF and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YPF's current Cyclically Adjusted PS Ratio is 1.85, which is 256% above median its own 10-year median of 0.52. 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 (BSP:Y2PF34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$158.70, compared to a current price of R$261.09 — trading 64.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.85, which is 256% above median its 10-year median of 0.52 and 75.4% above the Oil & Gas industry median of 1.06. YPF's overall GF Score™ is 45/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For YPF (BSP:Y2PF34), the current Cyclically Adjusted PS Ratio is 1.85 as of Aug. 05, 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 (BSP:Y2PF34) Overvalued in 2026?

Based on GuruFocus' analysis, YPF stock appears to be overvalued. The current stock price of R$261.09 is trading 64.5% above its estimated GF Value™ of R$158.70. GuruFocus considers YPF to be Significantly Overvalued.

Key valuation signals for BSP:Y2PF34:

  • Cyclically Adjusted PS Ratio: 1.85 (256% above median its 10-year median of 0.52)
  • GF Value™: R$158.70 vs. price of R$261.09 (64.5% above fair value)
  • GF Score™: 45/100 with 7 warning signs
  • Industry Position: 75.4% above the Oil & Gas median (#486 of 708)

No single metric tells the full story. See the BSP:Y2PF34 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.
45GF Score

Get the complete analysis for BSP:Y2PF34

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

R$261.09
Price
R$158.70
GF Value