Yellow Pages (TSX:Y) Cyclically Adjusted PS Ratio: 0.70 (As of Jul. 18, 2026) — 25% Above Median

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TSX:Y Yellow Pages Ltd TSX:Y
79 GF Score
Price C$13.17
GF Value C$10.36
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Yellow Pages Cyclically Adjusted PS Ratio?

Yellow Pages TSX:Y +1.35% 79 Cyclically Adjusted PS Ratio is 0.70 as of Jul. 18, 2026, which is 25% above its 10-year median of 0.56. GuruFocus rates TSX:Y with a GF Score™ of 79/100 and a GF Value™ of C$10.36 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 734 Media - Diversified companies, Yellow Pages ranks better than 53.41% on this metric.

As of today (2026-07-18), Yellow Pages's current share price is C$13.165. Yellow Pages's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$18.72. Yellow Pages's Cyclically Adjusted PS Ratio for today is 0.70.

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

TSX:Y' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.56   Max: 0.72
Current: 0.7

During the past years, Yellow Pages's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.41. And the median was 0.56.

TSX:Y's Cyclically Adjusted PS Ratio is ranked better than
53.41% of 734 companies
in the Media - Diversified industry
Industry Median: 0.795 vs TSX:Y: 0.70

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.

Yellow Pages's adjusted revenue per share data for the three months ended in Mar. 2026 was C$3.403. 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 C$18.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yellow Pages  (TSX:Y) 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.


Yellow Pages Cyclically Adjusted PS Ratio Related Terms


Yellow Pages Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Yellow Pages'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.

Yellow Pages Cyclically Adjusted PS Ratio Chart

Yellow Pages 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 0.59 0.59 0.52 0.59 0.59

Yellow Pages 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 0.53 0.58 0.58 0.59 0.64

TSX:Y vs NYT, WLY: Cyclically Adjusted PS Ratio Comparison

For the Publishing subindustry, Yellow Pages'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.


Yellow Pages Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Yellow Pages's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSX:Y
79GF Score
Yellow Pages Ltd TSX:Y
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yellow Pages 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.

Yellow Pages's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.165/18.72
=0.70

* 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.

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

For example, Yellow Pages'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)
=3.403/132.2623*132.2623
=3.403

Current CPI (Mar. 2026) = 132.2623.

Yellow Pages Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.265 102.002 8.124
201609 7.261 101.765 9.437
201612 7.221 101.449 9.414
201703 6.815 102.634 8.782
201706 6.893 103.029 8.849
201709 6.697 103.345 8.571
201712 6.800 103.345 8.703
201803 6.024 105.004 7.588
201806 4.915 105.557 6.158
201809 3.976 105.636 4.978
201812 3.834 105.399 4.811
201903 3.207 106.979 3.965
201906 3.268 107.690 4.014
201909 3.010 107.611 3.700
201912 2.892 107.769 3.549
202003 2.697 107.927 3.305
202006 2.691 108.401 3.283
202009 2.977 108.164 3.640
202012 2.353 108.559 2.867
202103 2.273 110.298 2.726
202106 2.789 111.720 3.302
202109 2.653 112.905 3.108
202112 2.574 113.774 2.992
202203 2.604 117.646 2.928
202206 2.714 120.806 2.971
202209 2.599 120.648 2.849
202212 3.537 120.964 3.867
202303 3.482 122.702 3.753
202306 3.501 124.203 3.728
202309 3.231 125.230 3.412
202312 3.246 125.072 3.433
202403 3.998 126.258 4.188
202406 4.060 127.522 4.211
202409 3.826 127.285 3.976
202412 3.737 127.364 3.881
202503 3.693 129.181 3.781
202506 3.757 129.892 3.826
202509 3.513 130.287 3.566
202512 3.486 130.366 3.537
202603 3.403 132.262 3.403

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 0.70 mean?
Yellow Pages (TSX:Y) has a Cyclically Adjusted PS Ratio of 0.70 as of Jul. 18, 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 Yellow Pages and its competitors. This is 25% above median its historical median of 0.56. Over the past decade, Yellow Pages' Cyclically Adjusted PS Ratio has ranged from 0.41 to 0.72. According to the industry distribution chart, Yellow Pages ranks #342 out of 734 companies in the Media - Diversified industry, placing it in the top 46.6%.
Is Yellow Pages' Cyclically Adjusted PS Ratio too high?
Yellow Pages' current Cyclically Adjusted PS Ratio of 0.70 is 25% above median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.72. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.80. Yellow Pages' value of 0.70 is 11.9% below this industry median. Based on the distribution chart, Yellow Pages ranks #342 out of 734 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Yellow Pages has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yellow Pages' Cyclically Adjusted PS Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Yellow Pages ranks #342 out of 734 companies for Cyclically Adjusted PS Ratio. This puts Yellow Pages in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.80. Yellow Pages' value of 0.70 is 11.9% below this benchmark. Historically, Yellow Pages' own Cyclically Adjusted PS Ratio has ranged from 0.41 to 0.72 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.80, Yellow Pages 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 a Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.80, based on 734 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. Yellow Pages's current Cyclically Adjusted PS Ratio of 0.70 is 11.9% 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 Yellow Pages and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yellow Pages's current Cyclically Adjusted PS Ratio is 0.70, which is 25% above median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yellow Pages stock overvalued right now?
Based on GuruFocus' analysis, Yellow Pages (TSX:Y) is currently considered Modestly Overvalued. The stock's GF Value™ is C$10.36, compared to a current price of C$13.17 — trading 27.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.70, which is 25% above median its 10-year median of 0.56 and 11.9% below the Media - Diversified industry median of 0.80. Yellow Pages' overall GF Score™ is 79/100 with 6 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 Yellow Pages (TSX:Y), the current Cyclically Adjusted PS Ratio is 0.70 as of Jul. 18, 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 Yellow Pages (TSX:Y) Overvalued in 2026?

Based on GuruFocus' analysis, Yellow Pages stock appears to be overvalued. The current stock price of C$13.17 is trading 27.1% above its estimated GF Value™ of C$10.36. GuruFocus considers Yellow Pages to be Modestly Overvalued.

Key valuation signals for TSX:Y:

  • Cyclically Adjusted PS Ratio: 0.70 (25% above median its 10-year median of 0.56)
  • GF Value™: C$10.36 vs. price of C$13.17 (27.1% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 11.9% below the Media - Diversified median (#342 of 734)

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


Yellow Pages Business Description

Other Exchanges YLWDF:USA
Address 1751 Richardson Street, Suite 8.300, Montreal, QC, CAN, H3K 1G6
Yellow Pages Ltd is a media and marketing solutions company in Canada. It offers local and national businesses access to digital and print media and marketing solutions to reach consumers in all the provinces and territories of Canada.
79GF Score

Get the complete analysis for TSX:Y

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

C$13.17
Price
C$10.36
GF Value