Frontline (MEX:FRO1 N) Cyclically Adjusted PS Ratio: 4.81 (As of Aug. 20, 2026) — 882% Above Median

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MEX:FRO1 N Frontline PLC MEX:FRO1 N
63 GF Score
Price MXN605.00
GF Value MXN366.67
! 4 Warning Signs
View Full Analysis

What is Frontline Cyclically Adjusted PS Ratio?

Frontline MEX:FRO1 N 63 Cyclically Adjusted PS Ratio is 4.81 as of Aug. 20, 2026, which is 882% above its 10-year median of 0.49. GuruFocus rates MEX:FRO1 N with a GF Score™ of 63/100 and a GF Value™ of MXN366.67. The stock has 4 warning signs investors should review. Among 714 Oil & Gas companies, Frontline ranks worse than 91.88% on this metric.

As of today (2026-08-20), Frontline's current share price is MXN605.00. Frontline's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN125.82. Frontline's Cyclically Adjusted PS Ratio for today is 4.81.

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

MEX:FRO1 N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.49   Max: 6.14
Current: 6.14

During the past years, Frontline's highest Cyclically Adjusted PS Ratio was 6.14. The lowest was 0.08. And the median was 0.49.

MEX:FRO1 N's Cyclically Adjusted PS Ratio is ranked worse than
91.88% of 714 companies
in the Oil & Gas industry
Industry Median: 1.065 vs MEX:FRO1 N: 6.14

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.

Frontline's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN57.854. 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 MXN125.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Frontline  (MEX:FRO1 N) 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.


Frontline Cyclically Adjusted PS Ratio Related Terms


Frontline Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Frontline'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.

Frontline Cyclically Adjusted PS Ratio Chart

Frontline 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 0.49 1.06 2.39 1.84 3.09

Frontline 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 2.06 2.33 3.33 3.09 4.81

MEX:FRO1 N vs VNOM, AM, PAGP: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Midstream subindustry, Frontline'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.


Frontline Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


MEX:FRO1 N
63GF Score
Frontline PLC MEX:FRO1 N
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frontline 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=605.00/125.82
=4.81

* 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.

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

For example, Frontline'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)
=57.854/330.2130*330.2130
=57.854

Current CPI (Mar. 2026) = 330.2130.

Frontline Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 22.300 241.018 30.553
201609 16.663 241.428 22.791
201612 21.647 241.432 29.607
201703 19.640 243.801 26.601
201706 15.406 244.955 20.768
201709 14.827 246.819 19.837
201712 20.654 246.524 27.666
201803 18.147 249.554 24.012
201806 18.641 251.989 24.428
201809 20.794 252.439 27.200
201812 25.097 251.233 32.987
201903 27.217 254.202 35.355
201906 21.845 256.143 28.162
201909 22.311 256.759 28.694
201912 32.298 256.974 41.503
202003 48.827 258.115 62.466
202006 45.197 257.797 57.893
202009 27.774 260.280 35.236
202012 17.590 260.474 22.300
202103 20.050 264.877 24.996
202106 16.521 271.696 20.079
202109 18.088 274.310 21.774
202112 21.639 278.802 25.629
202203 21.272 287.504 24.432
202206 29.204 296.311 32.545
202209 34.532 296.808 38.418
202212 46.407 296.797 51.632
202303 40.267 301.836 44.053
202306 39.487 305.109 42.736
202309 29.505 307.789 31.655
202312 31.643 306.746 34.064
202403 43.119 312.332 45.588
202406 45.757 314.175 48.093
202409 43.367 315.301 45.418
202412 39.650 315.605 41.485
202503 39.319 319.799 40.599
202506 40.604 322.561 41.567
202509 35.651 324.800 36.245
202512 50.276 324.054 51.232
202603 57.854 330.213 57.854

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 4.81 mean?
Frontline (MEX:FRO1 N) has a Cyclically Adjusted PS Ratio of 4.81 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 Frontline and its competitors. This is 882% above median its historical median of 0.49. Over the past decade, Frontline's Cyclically Adjusted PS Ratio has ranged from 0.08 to 6.14. According to the industry distribution chart, Frontline ranks #656 out of 714 companies in the Oil & Gas industry, placing it in the top 91.9%.
Is Frontline's Cyclically Adjusted PS Ratio too high?
Frontline's current Cyclically Adjusted PS Ratio of 4.81 is 882% above median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 6.14. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.07. Frontline's value of 4.81 is 351.6% above this industry median. Based on the distribution chart, Frontline ranks #656 out of 714 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Frontline has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Frontline's Cyclically Adjusted PS Ratio compare to VNOM and AM?
According to the Oil & Gas industry distribution chart, Frontline ranks #656 out of 714 companies for Cyclically Adjusted PS Ratio. This places Frontline in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.07. Frontline's value of 4.81 is 351.6% above this benchmark. Historically, Frontline's own Cyclically Adjusted PS Ratio has ranged from 0.08 to 6.14 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 1.07, Frontline 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 1.07, 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. Frontline's current Cyclically Adjusted PS Ratio of 4.81 is 351.6% 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 Frontline 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. Frontline's current Cyclically Adjusted PS Ratio is 4.81, which is 882% above median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontline stock overvalued right now?
Frontline (MEX:FRO1 N) has a current Cyclically Adjusted PS Ratio of 4.81. The stock's GF Value™ is MXN366.67, compared to a current price of MXN605.00 — trading 65% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.81, which is 882% above median its 10-year median of 0.49 and 351.6% above the Oil & Gas industry median of 1.07. Frontline's overall GF Score™ is 63/100 with 4 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 Frontline (MEX:FRO1 N), the current Cyclically Adjusted PS Ratio is 4.81 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 Frontline (MEX:FRO1 N) Overvalued in 2026?

Based on GuruFocus' analysis, Frontline stock appears to be overvalued. The current stock price of MXN605.00 is trading 65% above its estimated GF Value™ of MXN366.67.

Key valuation signals for MEX:FRO1 N:

  • Cyclically Adjusted PS Ratio: 4.81 (882% above median its 10-year median of 0.49)
  • GF Value™: MXN366.67 vs. price of MXN605.00 (65% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 351.6% above the Oil & Gas median (#656 of 714)

No single metric tells the full story. See the MEX:FRO1 N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Frontline Business Description

Industry EnergyOil & Gas
Address 8, John Kennedy Street, Office 740B, 7th Floor, Iris House, Limassol, CYP, 3106
Frontline PLC is an international shipping company engaged in the seaborne transportation of crude oil and oil products. It owns and operates modern fleets in the industry, consisting of VLCCs, Suezmax tankers, LR2, and Aframax tankers, which operate in the spot and time charter markets. The vessels normally trade between the larger refinery centers around the world, such as the Gulf of Mexico, the Middle East, Rotterdam, and Singapore. The company generates the majority of its revenue from voyage and time charters. It has only one reportable segment: tankers.
63GF Score

Get the complete analysis for MEX:FRO1 N

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

MXN605.00
Price
MXN366.67
GF Value