Baillie Gifford Japan Trust (The) (CHIX:BGFDL) Cyclically Adjusted PS Ratio: 11.76 (As of Jul. 18, 2026) — Near Median

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CHIX:BGFDL Baillie Gifford Japan Trust (The) PLC CHIX:BGFDL
39 GF Score
Price £6.94
! 4 Warning Signs
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What is Baillie Gifford Japan Trust (The) Cyclically Adjusted PS Ratio?

Baillie Gifford Japan Trust (The) CHIX:BGFDL 39 Cyclically Adjusted PS Ratio is 11.76 as of Jul. 18, 2026, which is 0% above its 10-year median of 11.71. GuruFocus rates CHIX:BGFDL with a GF Score™ of 39/100. The stock has 4 warning signs investors should review. Among 902 Asset Management companies, Baillie Gifford Japan Trust (The) ranks worse than 75.17% on this metric.

As of today (2026-07-18), Baillie Gifford Japan Trust (The)'s current share price is £6.94. Baillie Gifford Japan Trust (The)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug25 was £0.59. Baillie Gifford Japan Trust (The)'s Cyclically Adjusted PS Ratio for today is 11.76.

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

CHIX:BGFDl' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.76   Med: 11.71   Max: 22.85
Current: 12.63

During the past 13 years, Baillie Gifford Japan Trust (The)'s highest Cyclically Adjusted PS Ratio was 22.85. The lowest was 7.76. And the median was 11.71.

CHIX:BGFDl's Cyclically Adjusted PS Ratio is ranked worse than
75.17% of 902 companies
in the Asset Management industry
Industry Median: 7.68 vs CHIX:BGFDl: 12.63

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 Japan Trust (The)'s adjusted revenue per share data of for the fiscal year that ended in Aug25 was £1.540. 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 £0.59 for the trailing ten years ended in Aug25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baillie Gifford Japan Trust (The)  (CHIX:BGFDl) 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 Japan Trust (The) Cyclically Adjusted PS Ratio Related Terms


Baillie Gifford Japan Trust (The) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Baillie Gifford Japan Trust (The)'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 Japan Trust (The) Cyclically Adjusted PS Ratio Chart

Baillie Gifford Japan Trust (The) Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.82 9.99 11.46 10.99 11.63

Baillie Gifford Japan Trust (The) Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 10.99 0.00 11.63 0.00

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

For the Asset Management subindustry, Baillie Gifford Japan Trust (The)'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 Japan Trust (The) Cyclically Adjusted PS Ratio vs Asset Management Industry

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

* The bar in red indicates where Baillie Gifford Japan Trust (The)'s Cyclically Adjusted PS Ratio falls into.


CHIX:BGFDL
39GF Score
Baillie Gifford Japan Trust (The) PLC CHIX:BGFDL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Baillie Gifford Japan Trust (The) 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 Japan Trust (The)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.94/0.59
=11.76

* 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 Japan Trust (The)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug25 is calculated as:

For example, Baillie Gifford Japan Trust (The)'s adjusted Revenue per Share data for the fiscal year that ended in Aug25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Aug25 (Change)*Current CPI (Aug25)
=1.54/138.9000*138.9000
=1.540

Current CPI (Aug25) = 138.9000.

Baillie Gifford Japan Trust (The) Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201608 1.122 101.200 1.540
201708 1.473 104.000 1.967
201808 1.470 106.500 1.917
201908 -0.403 108.300 -0.517
202008 0.532 108.800 0.679
202108 1.754 112.100 2.173
202208 -1.620 121.800 -1.847
202308 -0.435 129.400 -0.467
202408 0.733 133.400 0.763
202508 1.540 138.900 1.540

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 11.76 mean?
Baillie Gifford Japan Trust (The) (CHIX:BGFDL) has a Cyclically Adjusted PS Ratio of 11.76 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 Baillie Gifford Japan Trust (The) and its competitors. This is near median its historical median of 11.71. Over the past decade, Baillie Gifford Japan Trust (The)'s Cyclically Adjusted PS Ratio has ranged from 7.76 to 22.85. According to the industry distribution chart, Baillie Gifford Japan Trust (The) ranks #678 out of 902 companies in the Asset Management industry, placing it in the top 75.2%.
Is Baillie Gifford Japan Trust (The)'s Cyclically Adjusted PS Ratio too high?
Baillie Gifford Japan Trust (The)'s current Cyclically Adjusted PS Ratio of 11.76 is near median its 10-year median of 11.71. Over the past 10 years, this metric has ranged from a low of 7.76 to a high of 22.85. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.68. Baillie Gifford Japan Trust (The)'s value of 11.76 is 53.1% above this industry median. Based on the distribution chart, Baillie Gifford Japan Trust (The) ranks #678 out of 902 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Baillie Gifford Japan Trust (The) has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Baillie Gifford Japan Trust (The)'s Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Baillie Gifford Japan Trust (The) ranks #678 out of 902 companies for Cyclically Adjusted PS Ratio. This places Baillie Gifford Japan Trust (The) in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.68. Baillie Gifford Japan Trust (The)'s value of 11.76 is 53.1% above this benchmark. Historically, Baillie Gifford Japan Trust (The)'s own Cyclically Adjusted PS Ratio has ranged from 7.76 to 22.85 over the past decade. While the company's 10-year median is 11.71 vs. the industry median of 7.68, Baillie Gifford Japan Trust (The) 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 7.68, based on 902 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 Japan Trust (The)'s current Cyclically Adjusted PS Ratio of 11.76 is 53.1% 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 Japan Trust (The) and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baillie Gifford Japan Trust (The)'s current Cyclically Adjusted PS Ratio is 11.76, which is near median its own 10-year median of 11.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baillie Gifford Japan Trust (The) stock overvalued right now?
Baillie Gifford Japan Trust (The) (CHIX:BGFDL) has a current Cyclically Adjusted PS Ratio of 11.76. The current Cyclically Adjusted PS Ratio is 11.76, which is near median its 10-year median of 11.71 and 53.1% above the Asset Management industry median of 7.68. Baillie Gifford Japan Trust (The)'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 Japan Trust (The) (CHIX:BGFDL), the current Cyclically Adjusted PS Ratio is 11.76 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.

Baillie Gifford Japan Trust (The) Business Description

Other Exchanges BGFD:UK
Address Calton Square, 1 Greenside Row, Edinburgh, GBR, EH1 3AN
Baillie Gifford Japan Trust (The) PLC is an investment company based in the United Kingdom. The company aims to achieve long-term capital growth principally through investment in medium to smaller-sized Japanese companies, which have above average prospects for growth. It invests in various sectors, such as commerce and services; manufacturing and machinery; electrical and electronics; retail; real estate and construction; information, communication and utilities, chemicals, financials, and pharmaceuticals among others. The company is engaged in a single segment of business, being an investment trust company.
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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