Ternium Argentina (BUE:TXAR) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

BUE:TXAR Ternium Argentina SA BUE:TXAR
80 GF Score
Price ARS663.50
GF Value ARS1,478.89
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Ternium Argentina Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ternium Argentina  (BUE:TXAR) 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.


Ternium Argentina Cyclically Adjusted PS Ratio Related Terms


Ternium Argentina Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ternium Argentina'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.

Ternium Argentina Cyclically Adjusted PS Ratio Chart

Ternium Argentina 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 6.44 7.50 16.14 9.10 4.31

Ternium Argentina 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 8.23 6.13 5.70 4.31 4.24

BUE:TXAR vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Ternium Argentina'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.


Ternium Argentina Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Ternium Argentina's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BUE:TXAR
80GF Score
Ternium Argentina SA BUE:TXAR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ternium Argentina 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.

Ternium Argentina's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ternium Argentina'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)
=134.854/330.2130*330.2130
=134.854

Current CPI (Mar. 2026) = 330.2130.

Ternium Argentina Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 1.436 236.525 2.005
201603 1.479 238.132 2.051
201606 1.436 241.018 1.967
201609 1.557 241.428 2.130
201612 1.719 241.432 2.351
201703 1.767 243.801 2.393
201706 1.955 244.955 2.635
201709 2.339 246.819 3.129
201712 2.402 246.524 3.217
201803 2.752 249.554 3.641
201806 3.040 251.989 3.984
201809 3.791 252.439 4.959
201812 6.768 251.233 8.896
201903 3.886 254.202 5.048
201906 4.825 256.143 6.220
201909 5.215 256.759 6.707
202003 4.788 258.115 6.125
202006 4.847 257.797 6.209
202009 8.395 260.280 10.651
202103 13.348 264.877 16.640
202106 17.184 271.696 20.885
202109 21.109 274.310 25.411
202112 20.869 278.802 24.717
202203 20.567 287.504 23.622
202206 26.437 296.311 29.462
202209 29.797 296.808 33.151
202212 34.056 296.797 37.890
202303 36.646 301.836 40.091
202306 44.378 305.109 48.029
202309 61.690 307.789 66.184
202312 75.016 306.746 80.755
202403 96.609 312.332 102.140
202406 102.736 314.175 107.980
202409 130.869 315.301 137.058
202412 118.594 315.605 124.083
202503 108.170 319.799 111.692
202506 132.978 322.561 136.133
202509 157.147 324.800 159.766
202512 158.471 324.054 161.483
202603 134.854 330.213 134.854

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.

Is Ternium Argentina (BUE:TXAR) Overvalued in 2026?

Based on GuruFocus' analysis, Ternium Argentina stock appears to be undervalued. The current stock price of ARS663.50 is trading 55.1% below its estimated GF Value™ of ARS1,478.89. GuruFocus considers Ternium Argentina to be Significantly Undervalued.

Key valuation signals for BUE:TXAR:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ARS1,478.89 vs. price of ARS663.50 (55.1% below fair value)
  • GF Score™: 80/100 with 5 warning signs

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


Ternium Argentina Business Description

Address Avenida Leandro N. Alem 1067, Building AAF, Buenos Aires, ARG, C1001
Ternium Argentina SA manufactures and processes a broad range of steel products. Its products include hot and cold rolled, hot-dip galvanized & electro-galvanized and pre-painted steel sheets and tinplate. Geographically the group is based in Argentina.
80GF Score

Get the complete analysis for BUE:TXAR

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

ARS663.50
Price
ARS1,478.89
GF Value