Capex (BUE:CAPX) Cyclically Adjusted PS Ratio: 3.35 (As of Jul. 23, 2026) — 30% Below Median

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BUE:CAPX Capex SA BUE:CAPX
68 GF Score
Price ARS3,965.00
GF Value ARS7,182.92
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Capex Cyclically Adjusted PS Ratio?

Capex BUE:CAPX +1.67% 68 Cyclically Adjusted PS Ratio is 3.35 as of Jul. 23, 2026, which is 30% below its 10-year median of 4.81. GuruFocus rates BUE:CAPX with a GF Score™ of 68/100 and a GF Value™ of ARS7,182.92 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 707 Oil & Gas companies, Capex ranks worse than 81.47% on this metric.

As of today (2026-07-23), Capex's current share price is ARS3965.00. Capex's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was ARS1,184.52. Capex's Cyclically Adjusted PS Ratio for today is 3.35.

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

BUE:CAPX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.3   Med: 4.81   Max: 18.57
Current: 3.31

During the past years, Capex's highest Cyclically Adjusted PS Ratio was 18.57. The lowest was 1.30. And the median was 4.81.

BUE:CAPX's Cyclically Adjusted PS Ratio is ranked worse than
81.47% of 707 companies
in the Oil & Gas industry
Industry Median: 1.04 vs BUE:CAPX: 3.31

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.

Capex's adjusted revenue per share data for the three months ended in Apr. 2026 was ARS1,117.721. 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 ARS1,184.52 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capex  (BUE:CAPX) 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.


Capex Cyclically Adjusted PS Ratio Related Terms


Capex Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Capex'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.

Capex Cyclically Adjusted PS Ratio Chart

Capex Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.69 3.84 8.86 7.16 3.75

Capex Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 7.16 5.74 5.92 4.85 3.75

BUE:CAPX vs COP, EOG, FANG: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, Capex'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.


Capex Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


BUE:CAPX
68GF Score
Capex SA BUE:CAPX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capex 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3965.00/1184.52
=3.35

* 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.

Capex's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=1117.721/333.0200*333.0200
=1,117.721

Current CPI (Apr. 2026) = 333.0200.

Capex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 3.818 240.628 5.284
201610 4.090 241.729 5.635
201701 4.022 242.839 5.516
201704 4.174 244.524 5.685
201707 5.075 244.786 6.904
201710 5.326 246.663 7.191
201801 9.424 247.867 12.662
201804 13.949 250.546 18.541
201807 15.341 252.006 20.273
201810 18.040 252.885 23.757
201901 37.547 251.712 49.675
201904 34.220 255.548 44.594
201907 26.869 256.571 34.875
201910 30.664 257.346 39.681
202001 36.682 257.971 47.354
202004 39.245 256.389 50.975
202007 24.964 259.101 32.086
202010 31.869 260.388 40.758
202101 31.434 261.582 40.019
202104 60.792 267.054 75.808
202107 67.345 273.003 82.150
202110 112.233 276.589 135.131
202201 80.287 281.148 95.100
202204 168.294 289.109 193.855
202207 193.049 296.276 216.991
202210 163.112 298.012 182.273
202301 349.059 299.170 388.554
202304 885.546 303.363 972.118
202307 524.783 305.691 571.699
202310 428.468 307.671 463.769
202401 729.472 308.417 787.663
202404 901.181 313.548 957.146
202407 551.362 314.540 583.756
202410 771.781 315.664 814.215
202501 693.135 317.671 726.625
202504 830.834 320.795 862.496
202507 622.153 323.048 641.358
202510 672.328 0.000
202601 777.358 325.252 795.924
202604 1,117.721 333.020 1,117.721

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 3.35 mean?
Capex (BUE:CAPX) has a Cyclically Adjusted PS Ratio of 3.35 as of Jul. 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 Capex and its competitors. This is 30% below median its historical median of 4.81. Over the past decade, Capex's Cyclically Adjusted PS Ratio has ranged from 1.30 to 18.57. According to the industry distribution chart, Capex ranks #576 out of 707 companies in the Oil & Gas industry, placing it in the top 81.5%.
Is Capex's Cyclically Adjusted PS Ratio too high?
Capex's current Cyclically Adjusted PS Ratio of 3.35 is 30% below median its 10-year median of 4.81. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 18.57. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.04. Capex's value of 3.35 is 222.1% above this industry median. Based on the distribution chart, Capex ranks #576 out of 707 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Capex has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Capex's Cyclically Adjusted PS Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Capex ranks #576 out of 707 companies for Cyclically Adjusted PS Ratio. This places Capex in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.04. Capex's value of 3.35 is 222.1% above this benchmark. Historically, Capex's own Cyclically Adjusted PS Ratio has ranged from 1.30 to 18.57 over the past decade. While the company's 10-year median is 4.81 vs. the industry median of 1.04, Capex 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 1.04, based on 707 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. Capex's current Cyclically Adjusted PS Ratio of 3.35 is 222.1% 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 Capex and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capex's current Cyclically Adjusted PS Ratio is 3.35, which is 30% below median its own 10-year median of 4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capex stock overvalued right now?
Based on GuruFocus' analysis, Capex (BUE:CAPX) is currently considered Possible Value Trap. The stock's GF Value™ is ARS7,182.92, compared to a current price of ARS3,965.00 — trading 44.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.35, which is 30% below median its 10-year median of 4.81 and 222.1% above the Oil & Gas industry median of 1.04. Capex's overall GF Score™ is 68/100 with 9 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 Capex (BUE:CAPX), the current Cyclically Adjusted PS Ratio is 3.35 as of Jul. 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 Capex (BUE:CAPX) Overvalued in 2026?

Based on GuruFocus' analysis, Capex stock appears to be undervalued. The current stock price of ARS3,965.00 is trading 44.8% below its estimated GF Value™ of ARS7,182.92. GuruFocus considers Capex to be Possible Value Trap.

Key valuation signals for BUE:CAPX:

  • Cyclically Adjusted PS Ratio: 3.35 (30% below median its 10-year median of 4.81)
  • GF Value™: ARS7,182.92 vs. price of ARS3,965.00 (44.8% below fair value)
  • GF Score™: 68/100 with 9 warning signs
  • Industry Position: 222.1% above the Oil & Gas median (#576 of 707)

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


Capex Business Description

Industry EnergyOil & Gas
Address Carlos F. Melo 630, Vicente Lopez, Buenos Aires, ARG, 1638
Capex SA is an Argentina based company predominantly engaged in generation of electricity. It operates in the business segments of Oil and Gas which consists the exploration, production and sale of oil and gas, Energy which is engaged in electric power generation, LPG which involves the production and sale of gas derived liquid fuel, and Renewable energies segment which consists of wind electric power generation activities, Hydrogen Energy which involves generation of electric power with hydrogen activities, and Oxygen which includes the oxygen production and sale operations. It derives a majority of the revenue from the Oil and Gas segment.
68GF Score

Get the complete analysis for BUE:CAPX

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

ARS3,965.00
Price
ARS7,182.92
GF Value