PUMP (ProPetro Holding) Cyclically Adjusted PS Ratio: 0.73 (As of Aug. 20, 2026) — Near Median

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PUMP ProPetro Holding Corp PUMP
65 GF Score
Price $11.32
GF Value $6.27
Valuation Significantly Overvalued
! 3 Warning Signs
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What is ProPetro Holding Cyclically Adjusted PS Ratio?

ProPetro Holding PUMP -4.92% 65 Cyclically Adjusted PS Ratio is 0.73 as of Aug. 20, 2026, which is 5% below its 10-year median of 0.77. GuruFocus rates PUMP with a GF Score™ of 65/100 and a GF Value™ of $6.27 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 714 Oil & Gas companies, ProPetro Holding ranks better than 58.82% on this metric.

As of today (2026-08-20), ProPetro Holding's current share price is $11.315. ProPetro Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $15.51. ProPetro Holding's Cyclically Adjusted PS Ratio for today is 0.73.

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

PUMP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.77   Max: 1.15
Current: 0.77

During the past years, ProPetro Holding's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.34. And the median was 0.77.

PUMP's Cyclically Adjusted PS Ratio is ranked better than
58.82% of 714 companies
in the Oil & Gas industry
Industry Median: 1.065 vs PUMP: 0.77

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.

ProPetro Holding's adjusted revenue per share data for the three months ended in Jun. 2026 was $2.492. 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 $15.51 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ProPetro Holding  (NYSE:PUMP) 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.


ProPetro Holding Cyclically Adjusted PS Ratio Related Terms


ProPetro Holding Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ProPetro Holding'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.

ProPetro Holding Cyclically Adjusted PS Ratio Chart

ProPetro Holding 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 0.00 0.00 0.00 0.00 0.64

ProPetro Holding 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 0.00 0.35 0.64 0.95 0.92

PUMP vs HLX, AESI, VTOL: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, ProPetro Holding'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.


ProPetro Holding Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


PUMP
65GF Score
ProPetro Holding Corp PUMP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ProPetro Holding 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.

ProPetro Holding's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.315/15.51
=0.73

* 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.

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

For example, ProPetro Holding'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)
=2.492/333.9520*333.9520
=2.492

Current CPI (Jun. 2026) = 333.9520.

ProPetro Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.408 241.428 1.948
201612 2.038 241.432 2.819
201703 3.070 243.801 4.205
201706 2.474 244.955 3.373
201709 3.277 246.819 4.434
201712 3.607 246.524 4.886
201803 4.436 249.554 5.936
201806 5.293 251.989 7.015
201809 4.996 252.439 6.609
201812 4.905 251.233 6.520
201903 5.246 254.202 6.892
201906 5.073 256.143 6.614
201909 5.228 256.759 6.800
201912 4.220 256.974 5.484
202003 3.924 258.115 5.077
202006 1.052 257.797 1.363
202009 1.325 260.280 1.700
202012 1.530 260.474 1.962
202103 1.590 264.877 2.005
202106 2.118 271.696 2.603
202109 2.422 274.310 2.949
202112 2.380 278.802 2.851
202203 2.682 287.504 3.115
202206 3.023 296.311 3.407
202209 3.169 296.808 3.566
202212 3.022 296.797 3.400
202303 3.673 301.836 4.064
202306 3.791 305.109 4.149
202309 3.761 307.789 4.081
202312 3.139 306.746 3.417
202403 3.724 312.332 3.982
202406 3.359 314.175 3.570
202409 3.466 315.301 3.671
202412 3.114 315.605 3.295
202503 3.419 319.799 3.570
202506 3.139 322.561 3.250
202509 2.827 324.800 2.907
202512 2.716 324.054 2.799
202603 2.315 330.213 2.341
202606 2.492 333.952 2.492

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 0.73 mean?
ProPetro Holding (PUMP) has a Cyclically Adjusted PS Ratio of 0.73 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 ProPetro Holding and its competitors. This is near median its historical median of 0.77. Over the past decade, ProPetro Holding's Cyclically Adjusted PS Ratio has ranged from 0.34 to 1.15. According to the industry distribution chart, ProPetro Holding ranks #294 out of 714 companies in the Oil & Gas industry, placing it in the top 41.2%.
Is ProPetro Holding's Cyclically Adjusted PS Ratio too high?
ProPetro Holding's current Cyclically Adjusted PS Ratio of 0.73 is near median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.15. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.07. ProPetro Holding's value of 0.73 is 31.5% below this industry median. Based on the distribution chart, ProPetro Holding ranks #294 out of 714 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, ProPetro Holding has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ProPetro Holding's Cyclically Adjusted PS Ratio compare to HLX and AESI?
According to the Oil & Gas industry distribution chart, ProPetro Holding ranks #294 out of 714 companies for Cyclically Adjusted PS Ratio. This puts ProPetro Holding in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.07. ProPetro Holding's value of 0.73 is 31.5% below this benchmark. Historically, ProPetro Holding's own Cyclically Adjusted PS Ratio has ranged from 0.34 to 1.15 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 1.07, ProPetro Holding 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. ProPetro Holding's current Cyclically Adjusted PS Ratio of 0.73 is 31.5% 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 ProPetro Holding 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. ProPetro Holding's current Cyclically Adjusted PS Ratio is 0.73, which is near median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ProPetro Holding stock overvalued right now?
Based on GuruFocus' analysis, ProPetro Holding (PUMP) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.27, compared to a current price of $11.32 — trading 80.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.73, which is near median its 10-year median of 0.77 and 31.5% below the Oil & Gas industry median of 1.07. ProPetro Holding's overall GF Score™ is 65/100 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 ProPetro Holding (PUMP), the current Cyclically Adjusted PS Ratio is 0.73 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 ProPetro Holding (PUMP) Overvalued in 2026?

Based on GuruFocus' analysis, ProPetro Holding stock appears to be overvalued. The current stock price of $11.32 is trading 80.5% above its estimated GF Value™ of $6.27. GuruFocus considers ProPetro Holding to be Significantly Overvalued.

Key valuation signals for PUMP:

  • Cyclically Adjusted PS Ratio: 0.73 (near median its 10-year median of 0.77)
  • GF Value™: $6.27 vs. price of $11.32 (80.5% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 31.5% below the Oil & Gas median (#294 of 714)

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


ProPetro Holding Business Description

Industry EnergyOil & Gas
Other Exchanges 2PG:Germany
Address 110 N. Marienfeld Street, Suite 300, One Marienfeld Place, Midland, TX, USA, 79701
ProPetro Holding Corp is an integrated energy service company located in Midland, Texas, focused on providing hydraulic fracturing, wireline, and other complementary energy and power generation services to upstream oil and gas companies engaged in the E&P of North American oil and natural gas resources. The company's operations are focused in the Permian Basin, where it have cultivated longstanding customer relationships with some of the region's active and well-capitalized E&P companies. The company's operating segments: Hydraulic Fracturing, Wireline, Cementing and Power Generation, the majority of revenue from Hydraulic Fracturing.
65GF Score

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

$11.32
Price
$6.27
GF Value