CT Private Equity Trust (LSE:CTPE) Cyclically Adjusted Book per Share: £6.16 (As of Mar. 2026)


LSE:CTPE CT Private Equity Trust PLC LSE:CTPE
63 GF Score
Price £4.94
GF Value £6.46
Valuation Modestly Undervalued
! 1 Warning Sign
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What is CT Private Equity Trust Cyclically Adjusted Book per Share?

CT Private Equity Trust LSE:CTPE 63 Cyclically Adjusted Book per Share is £6.16 as of Mar. 2026. GuruFocus rates LSE:CTPE with a GF Score™ of 63/100 and a GF Value™ of £6.46 (Modestly Undervalued). The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

CT Private Equity Trust's adjusted book value per share for the three months ended in Mar. 2026 was £6.997. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is £6.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CT Private Equity Trust's average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of CT Private Equity Trust was 14.40% per year. The lowest was 4.30% per year. And the median was 8.90% per year.

As of today (2026-07-04), CT Private Equity Trust's current stock price is £4.94. CT Private Equity Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was £6.16. CT Private Equity Trust's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CT Private Equity Trust was 1.36. The lowest was 0.73. And the median was 1.04.


CT Private Equity Trust  (LSE:CTPE) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

CT Private Equity Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.94/6.16
=0.80

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CT Private Equity Trust was 1.36. The lowest was 0.73. And the median was 1.04.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


CT Private Equity Trust Cyclically Adjusted Book per Share Related Terms


CT Private Equity Trust Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for CT Private Equity Trust's Cyclically Adjusted Book per Share 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.

CT Private Equity Trust Cyclically Adjusted Book per Share Chart

CT Private Equity Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.85 4.57 5.11 5.62 6.05

CT Private Equity Trust Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 5.62 5.75 5.91 6.05 6.16

LSE:CTPE vs BLK, BX, KKR: Cyclically Adjusted Book per Share Comparison

For the Asset Management subindustry, CT Private Equity Trust's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


CT Private Equity Trust Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, CT Private Equity Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CT Private Equity Trust's Cyclically Adjusted PB Ratio falls into.


LSE:CTPE
63GF Score
CT Private Equity Trust PLC LSE:CTPE
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CT Private Equity Trust Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, CT Private Equity Trust's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.997/140.8000*140.8000
=6.997

Current CPI (Mar. 2026) = 140.8000.

CT Private Equity Trust Quarterly Data

Book Value per Share CPI Adj_Book
201603 3.052 100.400 4.280
201606 3.141 101.000 4.379
201609 3.248 101.500 4.506
201612 3.510 102.200 4.836
201703 3.510 102.700 4.812
201706 3.568 103.500 4.854
201709 3.610 104.300 4.873
201712 3.572 105.000 4.790
201803 3.492 105.100 4.678
201806 3.562 105.900 4.736
201809 3.685 106.600 4.867
201812 3.863 107.100 5.079
201903 3.810 107.000 5.014
201906 3.881 107.900 5.064
201909 3.908 108.400 5.076
201912 4.115 108.500 5.340
202003 4.056 108.600 5.259
202006 3.844 108.800 4.975
202009 3.887 109.200 5.012
202012 4.862 109.400 6.257
202103 4.807 109.700 6.170
202106 5.525 111.400 6.983
202109 5.881 112.400 7.367
202112 6.403 114.700 7.860
202203 6.378 116.500 7.708
202206 6.567 120.500 7.673
202209 7.118 122.300 8.195
202212 7.107 125.300 7.986
202303 7.025 126.800 7.801
202306 6.808 129.400 7.408
202309 6.963 130.100 7.536
202312 7.025 130.500 7.579
202403 6.855 131.600 7.334
202406 6.943 133.000 7.350
202409 6.800 133.500 7.172
202412 7.060 135.100 7.358
202503 6.934 136.100 7.173
202506 6.742 138.400 6.859
202512 7.103 139.900 7.149
202603 6.997 140.800 6.997

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of £6.16 mean?
CT Private Equity Trust (LSE:CTPE) has a Cyclically Adjusted Book per Share of £6.16 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on CT Private Equity Trust and its competitors.
Is CT Private Equity Trust's Cyclically Adjusted Book per Share too high?
CT Private Equity Trust's current Cyclically Adjusted Book per Share is £6.16. Overall, CT Private Equity Trust has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CT Private Equity Trust's Cyclically Adjusted Book per Share compare to BLK and BX?
CT Private Equity Trust's Cyclically Adjusted Book per Share of £6.16 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Asset Management company?
A good Cyclically Adjusted Book per Share depends on the Asset Management industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on CT Private Equity Trust and its competitors. CT Private Equity Trust's current Cyclically Adjusted Book per Share is £6.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CT Private Equity Trust stock overvalued right now?
Based on GuruFocus' analysis, CT Private Equity Trust (LSE:CTPE) is currently considered Modestly Undervalued. The stock's GF Value™ is £6.46, compared to a current price of £4.94 — trading 23.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is £6.16. CT Private Equity Trust's overall GF Score™ is 63/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For CT Private Equity Trust (LSE:CTPE), the current Cyclically Adjusted Book per Share is £6.16 as of Mar. 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 CT Private Equity Trust (LSE:CTPE) Overvalued in 2026?

Based on GuruFocus' analysis, CT Private Equity Trust stock appears to be undervalued. The current stock price of £4.94 is trading 23.5% below its estimated GF Value™ of £6.46. GuruFocus considers CT Private Equity Trust to be Modestly Undervalued.

Key valuation signals for LSE:CTPE:

  • Cyclically Adjusted Book per Share: £6.16
  • GF Value™: £6.46 vs. price of £4.94 (23.5% below fair value)
  • GF Score™: 63/100 with 1 warning sign

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


CT Private Equity Trust Business Description

Address 7a Nightingale Way, Quartermile 4, 6th Floor, Edinburgh, GBR, EH3 9EG
CT Private Equity Trust PLC is a UK-based investment trust company. Its core business is the management of long-term borrowings by investing them in private equity assets. Its objective is to achieve long-term capital growth through investment in private equity assets, whilst providing shareholders with a predictable and above average level of dividend funded from a combination of the Company's revenue and realised capital profits. Its portfolio is comprised of private equity focused limited partnerships, offshore funds, investment companies and investment trusts. The company may also make direct private equity investments, mainly through co-investment with the funds in which the company is invested.
63GF Score

Get the complete analysis for LSE:CTPE

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

£4.94
Price
£6.46
GF Value