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CF Industries HoldingsCF +3.60%69 Cyclically Adjusted PS Ratio is 3.72 as of Jul. 30, 2026, which is 46% above its 10-year median of 2.55. GuruFocus rates CF with a GF Scoreâ„¢ of 69/100 and a GF Valueâ„¢ of $117.50 (Fairly Valued). The stock has 3 warning signs investors should review. Among 198 Agriculture companies, CF Industries Holdings ranks worse than 85.86% on this metric.
The historical rank and industry rank for CF Industries Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:
CF'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.17 Med: 2.55 Max: 4.94
Current: 3.72
During the past years, CF Industries Holdings's highest Cyclically Adjusted PS Ratio was 4.94. The lowest was 1.17. And the median was 2.55.
CF's Cyclically Adjusted PS Ratio is ranked worse than 85.86% of 198
companies
in the Agriculture industry
Industry Median: 0.925
vs CF: 3.72
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.
CF Industries Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was $12.854. 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 $34.25 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
CF Industries Holdings (NYSE:CF) 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.
CF Industries Holdings Cyclically Adjusted PS Ratio Related Terms
CF Industries Holdings Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for CF Industries Holdings'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.
CF Industries Holdings Cyclically Adjusted PS Ratio Chart
CF vs MOS, SMG, FMC: Cyclically Adjusted PS Ratio Comparison
For the Agricultural Inputs subindustry, CF Industries Holdings'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.
CF Industries Holdings Cyclically Adjusted PS Ratio vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, CF Industries Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where CF Industries Holdings's Cyclically Adjusted PS Ratio falls into.
CF Industries Holdings 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.
* 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.
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 3.72 mean?
CF Industries Holdings (CF) has a Cyclically Adjusted PS Ratio of 3.72 as of Jul. 30, 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 CF Industries Holdings and its competitors. This is 46% above median its historical median of 2.55. Over the past decade, CF Industries Holdings' Cyclically Adjusted PS Ratio has ranged from 1.17 to 4.94. According to the industry distribution chart, CF Industries Holdings ranks #170 out of 198 companies in the Agriculture industry, placing it in the top 85.9%.
Is CF Industries Holdings' Cyclically Adjusted PS Ratio too high?
CF Industries Holdings' current Cyclically Adjusted PS Ratio of 3.72 is 46% above median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 4.94. The Agriculture industry median Cyclically Adjusted PS Ratio is 0.93. CF Industries Holdings' value of 3.72 is 302.2% above this industry median. Based on the distribution chart, CF Industries Holdings ranks #170 out of 198 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, CF Industries Holdings has a GF Scoreâ„¢ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CF Industries Holdings' Cyclically Adjusted PS Ratio compare to MOS and SMG?
According to the Agriculture industry distribution chart, CF Industries Holdings ranks #170 out of 198 companies for Cyclically Adjusted PS Ratio. This places CF Industries Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.93. CF Industries Holdings' value of 3.72 is 302.2% above this benchmark. Historically, CF Industries Holdings' own Cyclically Adjusted PS Ratio has ranged from 1.17 to 4.94 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 0.93, CF Industries Holdings 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 Agriculture company?
The median Cyclically Adjusted PS Ratio among Agriculture companies is 0.93, based on 198 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. CF Industries Holdings's current Cyclically Adjusted PS Ratio of 3.72 is 302.2% 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 CF Industries Holdings and its competitors. For the Agriculture industry, the median Cyclically Adjusted PS Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CF Industries Holdings's current Cyclically Adjusted PS Ratio is 3.72, which is 46% above median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CF Industries Holdings stock overvalued right now?
Based on GuruFocus' analysis, CF Industries Holdings (CF) is currently considered Fairly Valued. The stock's GF Value™ is $117.50, compared to a current price of $127.35 — trading 8.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.72, which is 46% above median its 10-year median of 2.55 and 302.2% above the Agriculture industry median of 0.93. CF Industries Holdings' overall GF Score™ is 69/100 with 3 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 CF Industries Holdings (CF), the current Cyclically Adjusted PS Ratio is 3.72 as of Jul. 30, 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 CF Industries Holdings (CF) Overvalued in 2026?
Based on GuruFocus' analysis, CF Industries Holdings stock appears to be overvalued.
The current stock price of $127.35 is trading 8.4% above its estimated GF Value™ of $117.50.
GuruFocus considers CF Industries Holdings to be Fairly Valued.
Key valuation signals for CF:
Cyclically Adjusted PS Ratio: 3.72 (46% above median its 10-year median of 2.55)
GF Value™: $117.50 vs. price of $127.35 (8.4% above fair value)
Industry Position: 302.2% above the Agriculture median (#170 of 198)
No single metric tells the full story. See the CF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CF Industries is a leading producer and distributor of nitrogen, which is primarily used in fertilizers. The company operates nitrogen manufacturing plants primarily in North America. CF also produces nitrogen in the United Kingdom and holds a joint venture interest in a nitrogen production facility in Trinidad and Tobago. CF makes nitrogen primarily using low-cost US natural gas as its feedstock, making the company one of the lowest-cost nitrogen producers globally. It is also investing in carbon-free blue and green ammonia, which can be used as an alternative fuel to hydrogen or as a means to transport hydrogen.
69GF Score
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