YPF (BSP:Y2PF34) Cyclically Adjusted PS Ratio: 1.88 (As of Aug. 23, 2026) — 262% Above Median

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BSP:Y2PF34 YPF SA BSP:Y2PF34
53 GF Score
Price R$267.02
GF Value R$209.87
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is YPF Cyclically Adjusted PS Ratio?

YPF BSP:Y2PF34 +0.29% 53 Cyclically Adjusted PS Ratio is 1.88 as of Aug. 23, 2026, which is 262% above its 10-year median of 0.52. GuruFocus rates BSP:Y2PF34 with a GF Score™ of 53/100 and a GF Value™ of R$209.87 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 713 Oil & Gas companies, YPF ranks worse than 65.92% on this metric.

As of today (2026-08-23), YPF's current share price is R$267.02. YPF's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$141.81. YPF's Cyclically Adjusted PS Ratio for today is 1.88.

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: 2.09
Current: 1.91

During the past years, YPF's highest Cyclically Adjusted PS Ratio was 2.09. The lowest was 0.14. And the median was 0.52.

BSP:Y2PF34's Cyclically Adjusted PS Ratio is ranked worse than
65.92% of 713 companies
in the Oil & Gas industry
Industry Median: 1.07 vs BSP:Y2PF34: 1.91

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 Jun. 2026 was R$1.718. 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$141.81 for the trailing ten years ended in Jun. 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 1.46

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 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 1.11 1.04 1.46 1.69 1.66

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
53GF 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
=267.02/141.81
=1.88

* 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 Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.718/333.9520*333.9520
=1.718

Current CPI (Jun. 2026) = 333.9520.

YPF Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 6.015 241.428 8.320
201612 0.576 241.432 0.797
201703 0.559 243.801 0.766
201706 0.612 244.955 0.834
201709 0.603 246.819 0.816
201712 0.608 246.524 0.824
201803 0.610 249.554 0.816
201806 0.619 251.989 0.820
201809 0.613 252.439 0.811
201812 0.880 251.233 1.170
201903 0.581 254.202 0.763
201906 0.744 256.143 0.970
201909 6.606 256.759 8.592
201912 0.723 256.974 0.940
202003 0.667 258.115 0.863
202006 5.008 257.797 6.487
202009 6.258 260.280 8.029
202012 0.584 260.474 0.749
202103 0.723 264.877 0.912
202106 8.447 271.696 10.383
202109 9.623 274.310 11.715
202112 1.280 278.802 1.533
202203 0.909 287.504 1.056
202206 12.233 296.311 13.787
202209 13.463 296.808 15.148
202212 1.829 296.797 2.058
202303 11.084 301.836 12.263
202306 10.798 305.109 11.819
202309 11.311 307.789 12.272
202312 1.028 306.746 1.119
202403 10.835 312.332 11.585
202406 1.352 314.175 1.437
202409 1.497 315.301 1.586
202412 1.480 315.605 1.566
202503 1.351 319.799 1.411
202506 1.309 322.561 1.355
202509 1.281 324.800 1.317
202512 1.271 324.054 1.310
202603 1.319 330.213 1.334
202606 1.718 333.952 1.718

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 1.88 mean?
YPF (BSP:Y2PF34) has a Cyclically Adjusted PS Ratio of 1.88 as of Aug. 23, 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 262% above median its historical median of 0.52. Over the past decade, YPF's Cyclically Adjusted PS Ratio has ranged from 0.14 to 2.09. According to the industry distribution chart, YPF ranks #470 out of 713 companies in the Oil & Gas industry, placing it in the top 65.9%.
Is YPF's Cyclically Adjusted PS Ratio too high?
YPF's current Cyclically Adjusted PS Ratio of 1.88 is 262% 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 2.09. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.07. YPF's value of 1.88 is 75.7% above this industry median. Based on the distribution chart, YPF ranks #470 out of 713 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, YPF has a GF Score™ of 53/100 and is considered Modestly 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 #470 out of 713 companies for Cyclically Adjusted PS Ratio. This places YPF in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.07. YPF's value of 1.88 is 75.7% above this benchmark. Historically, YPF's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 2.09 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.07, 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 1.07, based on 713 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 1.88 is 75.7% 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 1.07 — 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 1.88, which is 262% 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 Modestly Overvalued. The stock's GF Value™ is R$209.87, compared to a current price of R$267.02 — trading 27.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.88, which is 262% above median its 10-year median of 0.52 and 75.7% above the Oil & Gas industry median of 1.07. YPF's overall GF Score™ is 53/100 with 6 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 1.88 as of Aug. 23, 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$267.02 is trading 27.2% above its estimated GF Value™ of R$209.87. GuruFocus considers YPF to be Modestly Overvalued.

Key valuation signals for BSP:Y2PF34:

  • Cyclically Adjusted PS Ratio: 1.88 (262% above median its 10-year median of 0.52)
  • GF Value™: R$209.87 vs. price of R$267.02 (27.2% above fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 75.7% above the Oil & Gas median (#470 of 713)

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.
53GF 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$267.02
Price
R$209.87
GF Value