BP (MEX:BPN) Cyclically Adjusted PS Ratio: 0.49 (As of Aug. 10, 2026) — 14% Above Median

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MEX:BPN BP PLC MEX:BPN
71 GF Score
Price MXN722.88
GF Value MXN684.78
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is BP Cyclically Adjusted PS Ratio?

BP MEX:BPN 71 Cyclically Adjusted PS Ratio is 0.49 as of Aug. 10, 2026, which is 14% above its 10-year median of 0.43. GuruFocus rates MEX:BPN with a GF Score™ of 71/100 and a GF Value™ of MXN684.78 (Fairly Valued). The stock has 3 warning signs investors should review. Among 716 Oil & Gas companies, BP ranks better than 69.41% on this metric.

As of today (2026-08-10), BP's current share price is MXN722.88. BP's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN1,486.49. BP's Cyclically Adjusted PS Ratio for today is 0.49.

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

MEX:BPN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.43   Max: 0.56
Current: 0.48

During the past years, BP's highest Cyclically Adjusted PS Ratio was 0.56. The lowest was 0.18. And the median was 0.43.

MEX:BPN's Cyclically Adjusted PS Ratio is ranked better than
69.41% of 716 companies
in the Oil & Gas industry
Industry Median: 1.04 vs MEX:BPN: 0.48

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.

BP's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN461.781. 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 MXN1,486.49 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BP  (MEX:BPN) 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.


BP Cyclically Adjusted PS Ratio Related Terms


BP Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for BP'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.

BP Cyclically Adjusted PS Ratio Chart

BP 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 0.32 0.44 0.45 0.38 0.41

BP 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 0.35 0.41 0.41 0.57 0.43

MEX:BPN vs XOM, CVX: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Integrated subindustry, BP'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.


BP Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


MEX:BPN
71GF Score
BP PLC MEX:BPN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BP 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.

BP's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=722.88/1486.49
=0.49

* 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.

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

For example, BP'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)
=461.781/142.3000*142.3000
=461.781

Current CPI (Jun. 2026) = 142.3000.

BP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 288.467 101.500 404.422
201612 330.218 102.200 459.785
201703 321.639 102.700 445.659
201706 309.801 103.500 425.939
201709 328.954 104.300 448.803
201712 400.972 105.000 543.413
201803 370.988 105.100 502.299
201806 443.719 105.900 596.234
201809 443.309 106.600 591.772
201812 442.829 107.100 588.371
201903 380.586 107.000 506.144
201906 410.170 107.900 540.938
201909 397.080 108.400 521.259
201912 395.380 108.500 518.549
202003 215.946 108.600 282.957
202006 145.611 108.800 190.445
202009 172.215 109.200 224.416
202012 161.609 109.400 210.210
202103 208.728 109.700 270.757
202106 213.852 111.400 273.170
202109 221.480 112.400 280.397
202112 311.685 114.700 386.685
202203 301.553 116.500 368.335
202206 417.539 120.500 493.077
202209 351.550 122.300 409.040
202212 445.860 125.300 506.352
202303 333.146 126.800 373.870
202306 278.911 129.400 306.716
202309 316.153 130.100 345.800
202312 307.496 130.500 335.300
202403 283.752 131.600 306.823
202406 313.386 133.000 335.299
202409 334.110 133.500 356.134
202412 360.407 135.100 379.614
202503 357.665 136.100 373.958
202506 332.251 138.400 341.614
202509 338.694 138.900 346.985
202512 332.191 139.900 337.890
202603 360.985 140.800 364.831
202606 461.781 142.300 461.781

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 0.49 mean?
BP (MEX:BPN) has a Cyclically Adjusted PS Ratio of 0.49 as of Aug. 10, 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 BP and its competitors. This is 14% above median its historical median of 0.43. Over the past decade, BP's Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.56. According to the industry distribution chart, BP ranks #219 out of 716 companies in the Oil & Gas industry, placing it in the top 30.6%.
Is BP's Cyclically Adjusted PS Ratio too high?
BP's current Cyclically Adjusted PS Ratio of 0.49 is 14% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.56. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.04. BP's value of 0.49 is 52.9% below this industry median. Based on the distribution chart, BP ranks #219 out of 716 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, BP has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BP's Cyclically Adjusted PS Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, BP ranks #219 out of 716 companies for Cyclically Adjusted PS Ratio. This puts BP in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.04. BP's value of 0.49 is 52.9% below this benchmark. Historically, BP's own Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.56 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.04, BP 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 1.04, based on 716 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. BP's current Cyclically Adjusted PS Ratio of 0.49 is 52.9% 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 BP and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BP's current Cyclically Adjusted PS Ratio is 0.49, which is 14% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BP stock overvalued right now?
Based on GuruFocus' analysis, BP (MEX:BPN) is currently considered Fairly Valued. The stock's GF Value™ is MXN684.78, compared to a current price of MXN722.88 — trading 5.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.49, which is 14% above median its 10-year median of 0.43 and 52.9% below the Oil & Gas industry median of 1.04. BP's overall GF Score™ is 71/100 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 BP (MEX:BPN), the current Cyclically Adjusted PS Ratio is 0.49 as of Aug. 10, 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 BP (MEX:BPN) Overvalued in 2026?

Based on GuruFocus' analysis, BP stock appears to be overvalued. The current stock price of MXN722.88 is trading 5.6% above its estimated GF Value™ of MXN684.78. GuruFocus considers BP to be Fairly Valued.

Key valuation signals for MEX:BPN:

  • Cyclically Adjusted PS Ratio: 0.49 (14% above median its 10-year median of 0.43)
  • GF Value™: MXN684.78 vs. price of MXN722.88 (5.6% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 52.9% below the Oil & Gas median (#219 of 716)

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


BP Business Description

Industry EnergyOil & Gas
Address 1 St James\'s Square, London, GBR, SW1Y 4PD
BP is an integrated energy company that explores for, produces, and refines oil and gas around the world. In 2025, it produced 1.2 million barrels of liquids and 6.5 billion cubic feet of natural gas per day. At the end of 2025, proved hydrocarbon reserves stood at 6.2 billion barrels of oil equivalent, 56% of which are liquids. The company operates refineries with a total crude distillation capacity of 1.56 million barrels of oil per day.
71GF Score

Get the complete analysis for MEX:BPN

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

MXN722.88
Price
MXN684.78
GF Value