Delek US Holdings (FRA:DEH) Cyclically Adjusted PS Ratio: 0.35 (As of Aug. 20, 2026) — 94% Above Median

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FRA:DEH Delek US Holdings Inc FRA:DEH
47 GF Score
Price €58.02
GF Value €19.56
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Delek US Holdings Cyclically Adjusted PS Ratio?

Delek US Holdings FRA:DEH +1.47% 47 Cyclically Adjusted PS Ratio is 0.35 as of Aug. 20, 2026, which is 94% above its 10-year median of 0.18. GuruFocus rates FRA:DEH with a GF Score™ of 47/100 and a GF Value™ of €19.56 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 714 Oil & Gas companies, Delek US Holdings ranks better than 75.49% on this metric.

As of today (2026-08-20), Delek US Holdings's current share price is €58.02. Delek US Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €166.49. Delek US Holdings's Cyclically Adjusted PS Ratio for today is 0.35.

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

FRA:DEH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.18   Max: 0.55
Current: 0.35

During the past years, Delek US Holdings's highest Cyclically Adjusted PS Ratio was 0.55. The lowest was 0.07. And the median was 0.18.

FRA:DEH's Cyclically Adjusted PS Ratio is ranked better than
75.49% of 714 companies
in the Oil & Gas industry
Industry Median: 1.065 vs FRA:DEH: 0.35

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.

Delek US Holdings's adjusted revenue per share data for the three months ended in Jun. 2026 was €56.773. 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 €166.49 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Delek US Holdings  (FRA:DEH) 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.


Delek US Holdings Cyclically Adjusted PS Ratio Related Terms


Delek US Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Delek US 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.

Delek US Holdings Cyclically Adjusted PS Ratio Chart

Delek US Holdings 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 0.12 0.18 0.16 0.11 0.17

Delek US Holdings 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 0.12 0.18 0.17 0.25 0.27

FRA:DEH vs PARR, CVI, DKL: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Delek US 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.


Delek US Holdings Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


FRA:DEH
47GF Score
Delek US Holdings Inc FRA:DEH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delek US 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.

Delek US Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=58.02/166.49
=0.35

* 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.

Delek US Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Delek US Holdings'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)
=56.773/333.9520*333.9520
=56.773

Current CPI (Jun. 2026) = 333.9520.

Delek US Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 15.561 241.428 21.525
201612 16.612 241.432 22.978
201703 17.661 243.801 24.192
201706 17.651 244.955 24.064
201709 24.481 246.819 33.123
201712 25.506 246.524 34.552
201803 23.202 249.554 31.049
201806 25.012 251.989 33.148
201809 26.656 252.439 35.263
201812 26.532 251.233 35.268
201903 24.818 254.202 32.604
201906 28.404 256.143 37.032
201909 27.999 256.759 36.417
201912 27.480 256.974 35.712
202003 22.443 258.115 29.037
202006 18.419 257.797 23.860
202009 23.774 260.280 30.503
202012 20.982 260.474 26.901
202103 27.227 264.877 34.327
202106 24.610 271.696 30.249
202109 33.736 274.310 41.071
202112 37.098 278.802 44.436
202203 54.975 287.504 63.857
202206 78.956 296.311 88.986
202209 75.632 296.808 85.097
202212 54.704 296.797 61.552
202303 54.406 301.836 60.195
202306 58.876 305.109 64.442
202309 66.252 307.789 71.884
202312 56.455 306.746 61.462
202403 44.950 312.332 48.061
202406 47.859 314.175 50.872
202409 42.788 315.301 45.319
202412 35.851 315.605 37.935
202503 39.342 319.799 41.083
202506 39.614 322.561 41.013
202509 40.360 324.800 41.497
202512 34.565 324.054 35.621
202603 38.087 330.213 38.518
202606 56.773 333.952 56.773

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 0.35 mean?
Delek US Holdings (FRA:DEH) has a Cyclically Adjusted PS Ratio of 0.35 as of Aug. 20, 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 Delek US Holdings and its competitors. This is 94% above median its historical median of 0.18. Over the past decade, Delek US Holdings' Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.55. According to the industry distribution chart, Delek US Holdings ranks #175 out of 714 companies in the Oil & Gas industry, placing it in the top 24.5%.
Is Delek US Holdings' Cyclically Adjusted PS Ratio too high?
Delek US Holdings' current Cyclically Adjusted PS Ratio of 0.35 is 94% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.55. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.07. Delek US Holdings' value of 0.35 is 67.1% below this industry median. Based on the distribution chart, Delek US Holdings ranks #175 out of 714 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Delek US Holdings has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delek US Holdings' Cyclically Adjusted PS Ratio compare to PARR and CVI?
According to the Oil & Gas industry distribution chart, Delek US Holdings ranks #175 out of 714 companies for Cyclically Adjusted PS Ratio. This places Delek US Holdings in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.07. Delek US Holdings' value of 0.35 is 67.1% below this benchmark. Historically, Delek US Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.55 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 1.07, Delek US Holdings has consistently been below 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 714 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. Delek US Holdings's current Cyclically Adjusted PS Ratio of 0.35 is 67.1% below 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 Delek US Holdings 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. Delek US Holdings's current Cyclically Adjusted PS Ratio is 0.35, which is 94% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delek US Holdings stock overvalued right now?
Based on GuruFocus' analysis, Delek US Holdings (FRA:DEH) is currently considered Significantly Overvalued. The stock's GF Value™ is €19.56, compared to a current price of €58.02 — trading 196.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.35, which is 94% above median its 10-year median of 0.18 and 67.1% below the Oil & Gas industry median of 1.07. Delek US Holdings' overall GF Score™ is 47/100 with 8 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 Delek US Holdings (FRA:DEH), the current Cyclically Adjusted PS Ratio is 0.35 as of Aug. 20, 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 Delek US Holdings (FRA:DEH) Overvalued in 2026?

Based on GuruFocus' analysis, Delek US Holdings stock appears to be overvalued. The current stock price of €58.02 is trading 196.6% above its estimated GF Value™ of €19.56. GuruFocus considers Delek US Holdings to be Significantly Overvalued.

Key valuation signals for FRA:DEH:

  • Cyclically Adjusted PS Ratio: 0.35 (94% above median its 10-year median of 0.18)
  • GF Value™: €19.56 vs. price of €58.02 (196.6% above fair value)
  • GF Score™: 47/100 with 8 warning signs
  • Industry Position: 67.1% below the Oil & Gas median (#175 of 714)

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


Delek US Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges DK:USADEH:Germany
Address 310 Seven Springs Way, Suite 500, Brentwood, TN, USA, 37027
Delek US Holdings Inc is an integrated energy business focused on petroleum refining, transportation and storage; wholesale crude oil, intermediate, and refined products, and convenience stores retailing. The company owns and operates independent refineries that produce a variety of petroleum products for transportation and industrial markets in the United States. It has three segments: Refining segment and Logistics segment and retail segment. The logistics segment generates revenue through gathering, transporting, and storing crude oil and intermediate products, as well as by marketing, storing, and distributing refined products. The company also offers a collection of retail fuel and convenience stores operating in the Southeast region of the United States.
47GF Score

Get the complete analysis for FRA:DEH

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

€58.02
Price
€19.56
GF Value