YPF (BUE:YPFD) Cyclically Adjusted PS Ratio: 2.07 (As of Aug. 03, 2026) — 1280% Above Median

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:YPFD YPF SA BUE:YPFD
65 GF Score
Price ARS8,290.00
GF Value ARS4,923.92
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is YPF Cyclically Adjusted PS Ratio?

YPF BUE:YPFD +1.94% 65 Cyclically Adjusted PS Ratio is 2.07 as of Aug. 03, 2026, which is 1280% above its 10-year median of 0.15. GuruFocus rates BUE:YPFD with a GF Score™ of 65/100 and a GF Value™ of ARS4,923.92 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 707 Oil & Gas companies, YPF ranks worse than 68.74% on this metric.

As of today (2026-08-03), YPF's current share price is ARS8290.00. YPF's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ARS4,001.03. YPF's Cyclically Adjusted PS Ratio for today is 2.07.

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

BUE:YPFD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.15   Max: 2.07
Current: 2.07

During the past years, YPF's highest Cyclically Adjusted PS Ratio was 2.07. The lowest was 0.06. And the median was 0.15.

BUE:YPFD's Cyclically Adjusted PS Ratio is ranked worse than
68.74% of 707 companies
in the Oil & Gas industry
Industry Median: 1.06 vs BUE:YPFD: 2.07

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 ARS1,762.774. 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 ARS4,001.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


YPF  (BUE:YPFD) 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

BUE:YPFD 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.


BUE:YPFD
65GF Score
YPF SA BUE:YPFD
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
=8290.00/4001.03
=2.07

* 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)
=1762.774/330.2130*330.2130
=1,762.774

Current CPI (Mar. 2026) = 330.2130.

YPF Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 125.304 241.018 171.676
201609 137.911 241.428 188.628
201612 13.617 241.432 18.624
201703 13.782 243.801 18.667
201706 15.317 244.955 20.648
201709 16.869 246.819 22.569
201712 17.609 246.524 23.587
201803 18.754 249.554 24.816
201806 20.469 251.989 26.823
201809 27.444 252.439 35.899
201812 42.732 251.233 56.166
201903 29.567 254.202 38.408
201906 43.107 256.143 55.572
201909 448.381 256.759 576.655
201912 52.628 256.974 67.627
202003 42.392 258.115 54.233
202006 330.417 257.797 423.232
202009 430.168 260.280 545.747
202012 46.197 260.474 58.566
202103 57.815 264.877 72.076
202106 795.672 271.696 967.041
202109 891.209 274.310 1,072.833
202112 114.292 278.802 135.367
202203 98.111 287.504 112.685
202206 1,458.141 296.311 1,624.972
202209 1,783.765 296.808 1,984.523
202212 292.270 296.797 325.176
202303 2,102.007 301.836 2,299.626
202306 2,669.630 305.109 2,889.284
202309 4,007.431 307.789 4,299.393
202312 378.741 306.746 407.716
202403 9,165.874 312.332 9,690.620
202406 1,123.982 314.175 1,181.359
202409 1,284.387 315.301 1,345.131
202412 1,225.149 315.605 1,281.856
202503 1,250.312 319.799 1,291.027
202506 1,432.587 322.561 1,466.572
202509 1,622.225 324.800 1,649.260
202512 1,690.704 324.054 1,722.838
202603 1,762.774 330.213 1,762.774

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 2.07 mean?
YPF (BUE:YPFD) has a Cyclically Adjusted PS Ratio of 2.07 as of Aug. 03, 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 1280% above median its historical median of 0.15. Over the past decade, YPF's Cyclically Adjusted PS Ratio has ranged from 0.06 to 2.07. According to the industry distribution chart, YPF ranks #486 out of 707 companies in the Oil & Gas industry, placing it in the top 68.7%.
Is YPF's Cyclically Adjusted PS Ratio too high?
YPF's current Cyclically Adjusted PS Ratio of 2.07 is 1280% above median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 2.07. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. YPF's value of 2.07 is 95.3% above this industry median. Based on the distribution chart, YPF ranks #486 out of 707 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, YPF has a GF Score™ of 65/100 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 707 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 2.07 is 95.3% above this benchmark. Historically, YPF's own Cyclically Adjusted PS Ratio has ranged from 0.06 to 2.07 over the past decade. While the company's 10-year median is 0.15 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 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. YPF's current Cyclically Adjusted PS Ratio of 2.07 is 95.3% 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 2.07, which is 1280% above median its own 10-year median of 0.15. 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 (BUE:YPFD) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS4,923.92, compared to a current price of ARS8,290.00 — trading 68.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.07, which is 1280% above median its 10-year median of 0.15 and 95.3% above the Oil & Gas industry median of 1.06. YPF's overall GF Score™ is 65/100 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 (BUE:YPFD), the current Cyclically Adjusted PS Ratio is 2.07 as of Aug. 03, 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 (BUE:YPFD) Overvalued in 2026?

Based on GuruFocus' analysis, YPF stock appears to be overvalued. The current stock price of ARS8,290.00 is trading 68.4% above its estimated GF Value™ of ARS4,923.92. GuruFocus considers YPF to be Significantly Overvalued.

Key valuation signals for BUE:YPFD:

  • Cyclically Adjusted PS Ratio: 2.07 (1280% above median its 10-year median of 0.15)
  • GF Value™: ARS4,923.92 vs. price of ARS8,290.00 (68.4% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 95.3% above the Oil & Gas median (#486 of 707)

No single metric tells the full story. See the BUE:YPFD 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.
65GF Score

Get the complete analysis for BUE:YPFD

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

ARS8,290.00
Price
ARS4,923.92
GF Value