YPF (FRA:YPF) Cyclically Adjusted PS Ratio: 4.68 (As of Jul. 29, 2026) — 204% Above Median

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FRA:YPF YPF SA FRA:YPF
72 GF Score
Price €44.00
GF Value €38.27
Valuation Modestly Overvalued
! 7 Warning Signs
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What is YPF Cyclically Adjusted PS Ratio?

YPF FRA:YPF -1.79% 72 Cyclically Adjusted PS Ratio is 4.68 as of Jul. 29, 2026, which is 204% above its 10-year median of 1.54. GuruFocus rates FRA:YPF with a GF Score™ of 72/100 and a GF Value™ of €38.27 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 707 Oil & Gas companies, YPF ranks worse than 88.68% on this metric.

As of today (2026-07-29), YPF's current share price is €44.00. YPF's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €9.41. YPF's Cyclically Adjusted PS Ratio for today is 4.68.

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

FRA:YPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.54   Max: 7.68
Current: 4.98

During the past years, YPF's highest Cyclically Adjusted PS Ratio was 7.68. The lowest was 0.57. And the median was 1.54.

FRA:YPF's Cyclically Adjusted PS Ratio is ranked worse than
88.68% of 707 companies
in the Oil & Gas industry
Industry Median: 1.05 vs FRA:YPF: 4.98

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 €10.905. 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 €9.41 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


YPF  (FRA:YPF) 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 0.71 1.70 5.26 6.46 3.91

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 5.06 3.58 3.04 3.91 4.23

FRA:YPF 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.


FRA:YPF
72GF Score
YPF SA FRA:YPF
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
=44.00/9.41
=4.68

* 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)
=10.905/330.2130*330.2130
=10.905

Current CPI (Mar. 2026) = 330.2130.

YPF Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 7.981 241.018 10.935
201609 8.273 241.428 11.315
201612 8.143 241.432 11.137
201703 8.358 243.801 11.320
201706 8.268 244.955 11.146
201709 8.077 246.819 10.806
201712 7.792 246.524 10.437
201803 7.548 249.554 9.988
201806 7.025 251.989 9.206
201809 6.391 252.439 8.360
201812 9.962 251.233 13.094
201903 6.694 254.202 8.696
201906 8.539 256.143 11.008
201909 7.299 256.759 9.387
201912 7.924 256.974 10.182
202003 6.181 258.115 7.908
202006 4.296 257.797 5.503
202009 4.926 260.280 6.250
202012 4.666 260.474 5.915
202103 5.391 264.877 6.721
202106 6.985 271.696 8.489
202109 7.764 274.310 9.346
202112 10.016 278.802 11.863
202203 8.297 287.504 9.530
202206 11.472 296.311 12.785
202209 12.970 296.808 14.430
202212 16.457 296.797 18.310
202303 9.973 301.836 10.911
202306 10.367 305.109 11.220
202309 10.880 307.789 11.673
202312 9.621 306.746 10.357
202403 10.069 312.332 10.645
202406 11.660 314.175 12.255
202409 12.175 315.301 12.751
202412 11.584 315.605 12.120
202503 10.849 319.799 11.202
202506 10.462 322.561 10.710
202509 10.178 324.800 10.348
202512 9.947 324.054 10.136
202603 10.905 330.213 10.905

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 4.68 mean?
YPF (FRA:YPF) has a Cyclically Adjusted PS Ratio of 4.68 as of Jul. 29, 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 204% above median its historical median of 1.54. Over the past decade, YPF's Cyclically Adjusted PS Ratio has ranged from 0.57 to 7.68. According to the industry distribution chart, YPF ranks #627 out of 707 companies in the Oil & Gas industry, placing it in the top 88.7%.
Is YPF's Cyclically Adjusted PS Ratio too high?
YPF's current Cyclically Adjusted PS Ratio of 4.68 is 204% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 7.68. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.05. YPF's value of 4.68 is 345.7% above this industry median. Based on the distribution chart, YPF ranks #627 out of 707 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, YPF has a GF Score™ of 72/100 and is considered Modestly 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 #627 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 1.05. YPF's value of 4.68 is 345.7% above this benchmark. Historically, YPF's own Cyclically Adjusted PS Ratio has ranged from 0.57 to 7.68 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.05, 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 1.05, 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 4.68 is 345.7% 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 1.05 — 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 4.68, which is 204% above median its own 10-year median of 1.54. 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 (FRA:YPF) is currently considered Modestly Overvalued. The stock's GF Value™ is €38.27, compared to a current price of €44.00 — trading 15% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.68, which is 204% above median its 10-year median of 1.54 and 345.7% above the Oil & Gas industry median of 1.05. YPF's overall GF Score™ is 72/100 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 (FRA:YPF), the current Cyclically Adjusted PS Ratio is 4.68 as of Jul. 29, 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 (FRA:YPF) Overvalued in 2026?

Based on GuruFocus' analysis, YPF stock appears to be overvalued. The current stock price of €44.00 is trading 15% above its estimated GF Value™ of €38.27. GuruFocus considers YPF to be Modestly Overvalued.

Key valuation signals for FRA:YPF:

  • Cyclically Adjusted PS Ratio: 4.68 (204% above median its 10-year median of 1.54)
  • GF Value™: €38.27 vs. price of €44.00 (15% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 345.7% above the Oil & Gas median (#627 of 707)

No single metric tells the full story. See the FRA:YPF 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.
72GF Score

Get the complete analysis for FRA:YPF

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

€44.00
Price
€38.27
GF Value