Baillie Gifford China Growth Trust (CHIX:BGCGL) Cyclically Adjusted PS Ratio: 18.75 (As of Jul. 12, 2026) — 28% Above Median


CHIX:BGCGL Baillie Gifford China Growth Trust PLC CHIX:BGCGL
39 GF Score
Price £2.25
! 4 Warning Signs
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What is Baillie Gifford China Growth Trust Cyclically Adjusted PS Ratio?

Baillie Gifford China Growth Trust CHIX:BGCGL 39 Cyclically Adjusted PS Ratio is 18.75 as of Jul. 12, 2026, which is 28% above its 10-year median of 14.63. GuruFocus rates CHIX:BGCGL with a GF Score™ of 39/100. The stock has 4 warning signs investors should review. Among 904 Asset Management companies, Baillie Gifford China Growth Trust ranks worse than 84.96% on this metric.

As of today (2026-07-12), Baillie Gifford China Growth Trust's current share price is £2.25. Baillie Gifford China Growth Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jan26 was £0.12. Baillie Gifford China Growth Trust's Cyclically Adjusted PS Ratio for today is 18.75.

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

CHIX:BGCGl' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 10.33   Med: 14.63   Max: 53.17
Current: 17.68

During the past 13 years, Baillie Gifford China Growth Trust's highest Cyclically Adjusted PS Ratio was 53.17. The lowest was 10.33. And the median was 14.63.

CHIX:BGCGl's Cyclically Adjusted PS Ratio is ranked worse than
84.96% of 904 companies
in the Asset Management industry
Industry Median: 7.635 vs CHIX:BGCGl: 17.68

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.

Baillie Gifford China Growth Trust's adjusted revenue per share data of for the fiscal year that ended in Jan26 was £0.883. 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 £0.12 for the trailing ten years ended in Jan26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baillie Gifford China Growth Trust  (CHIX:BGCGl) 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.


Baillie Gifford China Growth Trust Cyclically Adjusted PS Ratio Related Terms


Baillie Gifford China Growth Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Baillie Gifford China Growth Trust'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.

Baillie Gifford China Growth Trust Cyclically Adjusted PS Ratio Chart

Baillie Gifford China Growth Trust Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.59 19.42 34.92 37.01 18.49

Baillie Gifford China Growth Trust Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 34.92 0.00 37.01 0.00 18.49

CHIX:BGCGL vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Baillie Gifford China Growth Trust'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.


Baillie Gifford China Growth Trust Cyclically Adjusted PS Ratio vs Asset Management Industry

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

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


CHIX:BGCGL
39GF Score
Baillie Gifford China Growth Trust PLC CHIX:BGCGL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Baillie Gifford China Growth Trust 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.

Baillie Gifford China Growth Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.25/0.12
=18.75

* 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 China Growth Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jan26 is calculated as:

For example, Baillie Gifford China Growth Trust's adjusted Revenue per Share data for the fiscal year that ended in Jan26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan26 (Change)*Current CPI (Jan26)
=0.883/139.4000*139.4000
=0.883

Current CPI (Jan26) = 139.4000.

Baillie Gifford China Growth Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201701 0.807 101.800 1.105
201801 0.585 104.500 0.780
201901 -0.269 106.400 -0.352
202001 0.198 108.300 0.255
202101 1.293 109.300 1.649
202201 -1.362 114.600 -1.657
202301 -0.192 124.800 -0.214
202401 -1.331 130.000 -1.427
202501 0.682 135.100 0.704
202601 0.883 139.400 0.883

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 18.75 mean?
Baillie Gifford China Growth Trust (CHIX:BGCGL) has a Cyclically Adjusted PS Ratio of 18.75 as of Jul. 12, 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 Baillie Gifford China Growth Trust and its competitors. This is 28% above median its historical median of 14.63. Over the past decade, Baillie Gifford China Growth Trust's Cyclically Adjusted PS Ratio has ranged from 10.33 to 53.17. According to the industry distribution chart, Baillie Gifford China Growth Trust ranks #768 out of 904 companies in the Asset Management industry, placing it in the top 85%.
Is Baillie Gifford China Growth Trust's Cyclically Adjusted PS Ratio too high?
Baillie Gifford China Growth Trust's current Cyclically Adjusted PS Ratio of 18.75 is 28% above median its 10-year median of 14.63. Over the past 10 years, this metric has ranged from a low of 10.33 to a high of 53.17. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.64. Baillie Gifford China Growth Trust's value of 18.75 is 145.6% above this industry median. Based on the distribution chart, Baillie Gifford China Growth Trust ranks #768 out of 904 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Baillie Gifford China Growth Trust has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Baillie Gifford China Growth Trust's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Baillie Gifford China Growth Trust ranks #768 out of 904 companies for Cyclically Adjusted PS Ratio. This places Baillie Gifford China Growth Trust in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.64. Baillie Gifford China Growth Trust's value of 18.75 is 145.6% above this benchmark. Historically, Baillie Gifford China Growth Trust's own Cyclically Adjusted PS Ratio has ranged from 10.33 to 53.17 over the past decade. While the company's 10-year median is 14.63 vs. the industry median of 7.64, Baillie Gifford China Growth Trust 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 Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.64, based on 904 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. Baillie Gifford China Growth Trust's current Cyclically Adjusted PS Ratio of 18.75 is 145.6% 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 Baillie Gifford China Growth Trust and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baillie Gifford China Growth Trust's current Cyclically Adjusted PS Ratio is 18.75, which is 28% above median its own 10-year median of 14.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baillie Gifford China Growth Trust stock overvalued right now?
Baillie Gifford China Growth Trust (CHIX:BGCGL) has a current Cyclically Adjusted PS Ratio of 18.75. The current Cyclically Adjusted PS Ratio is 18.75, which is 28% above median its 10-year median of 14.63 and 145.6% above the Asset Management industry median of 7.64. Baillie Gifford China Growth Trust's overall GF Score™ is 39/100 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 Baillie Gifford China Growth Trust (CHIX:BGCGL), the current Cyclically Adjusted PS Ratio is 18.75 as of Jul. 12, 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.

Baillie Gifford China Growth Trust Business Description

Other Exchanges BGCG:UK
Address 1 Greenside Row, Calton Square, Edinburgh, GBR, EH1 3AN
Baillie Gifford China Growth Trust PLC is an asset management firm that has assets under management and advice. It aims to produce long-term capital growth by investing predominantly in shares of, or depositary receipts representing the shares of, Chinese companies. It has a single segment of business, being an investment business.
39GF 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.

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