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Baillie Gifford UK Growth Trust (LSE:BGUK) Cyclically Adjusted PB Ratio : 0.84 (As of Jun. 03, 2025)


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What is Baillie Gifford UK Growth Trust Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Baillie Gifford UK Growth Trust's current share price is £1.96. Baillie Gifford UK Growth Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr24 was £2.34. Baillie Gifford UK Growth Trust's Cyclically Adjusted PB Ratio for today is 0.84.

The historical rank and industry rank for Baillie Gifford UK Growth Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

LSE:BGUK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.96   Max: 1.29
Current: 0.84

During the past 13 years, Baillie Gifford UK Growth Trust's highest Cyclically Adjusted PB Ratio was 1.29. The lowest was 0.61. And the median was 0.96.

LSE:BGUK's Cyclically Adjusted PB Ratio is ranked worse than
52.86% of 944 companies
in the Asset Management industry
Industry Median: 0.8 vs LSE:BGUK: 0.84

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.

Baillie Gifford UK Growth Trust's adjusted book value per share data of for the fiscal year that ended in Apr24 was £1.930. 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 £2.34 for the trailing ten years ended in Apr24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baillie Gifford UK Growth Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Baillie Gifford UK Growth Trust's Cyclically Adjusted PB 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.

* Premium members only.

Baillie Gifford UK Growth Trust Cyclically Adjusted PB Ratio Chart

Baillie Gifford UK Growth Trust Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 1.22 0.80 0.72 0.70

Baillie Gifford UK Growth Trust Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
Cyclically Adjusted PB 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 - 0.72 - 0.70 -

Competitive Comparison of Baillie Gifford UK Growth Trust's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Baillie Gifford UK Growth 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.


Baillie Gifford UK Growth Trust's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Baillie Gifford UK Growth Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Baillie Gifford UK Growth Trust's Cyclically Adjusted PB Ratio falls into.


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Baillie Gifford UK Growth Trust Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Baillie Gifford UK Growth Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.96/2.34
=0.84

* 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.

Baillie Gifford UK Growth Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr24 is calculated as:

For example, Baillie Gifford UK Growth Trust's adjusted Book Value per Share data for the fiscal year that ended in Apr24 was:

Adj_Book=Book Value per Share/CPI of Apr24 (Change)*Current CPI (Apr24)
=1.93/132.2000*132.2000
=1.930

Current CPI (Apr24) = 132.2000.

Baillie Gifford UK Growth Trust Annual Data

Book Value per Share CPI Adj_Book
201504 1.857 99.900 2.457
201604 1.714 100.600 2.252
201704 1.956 103.200 2.506
201804 2.074 105.500 2.599
201904 2.031 107.600 2.495
202004 1.752 108.600 2.133
202104 2.373 110.400 2.842
202204 1.974 119.000 2.193
202304 1.956 128.300 2.015
202404 1.930 132.200 1.930

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


Baillie Gifford UK Growth Trust  (LSE:BGUK) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Baillie Gifford UK Growth Trust Cyclically Adjusted PB Ratio Related Terms

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Baillie Gifford UK Growth Trust Business Description

Traded in Other Exchanges
N/A
Address
28 St James’s Square, Grimaldi House, London, GBR, SW1Y 4JH
Baillie Gifford UK Growth Trust PLC is an investment company and carries on business as an investment trust. The principal investment objective of the company is to achieve capital growth predominantly from investment in UK equities, to provide a total return in excess of the FTSE All-Share Index. The portfolio predominantly consists of securities of listed UK equities from different sectors.

Baillie Gifford UK Growth Trust Headlines

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