ERH (Allspring Utilities and Highome Fund) Cyclically Adjusted PS Ratio: 10.66 (As of Jul. 16, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ERH Allspring Utilities and High Income Fund ERH
32 GF Score
Price $12.16
! 6 Warning Signs
View Full Analysis

What is Allspring Utilities and Highome Fund Cyclically Adjusted PS Ratio?

Allspring Utilities and Highome Fund ERH -0.78% 32 Cyclically Adjusted PS Ratio is 10.66 as of Jul. 16, 2026, which is 2% below its 10-year median of 10.86. GuruFocus rates ERH with a GF Score™ of 32/100. The stock has 6 warning signs investors should review. Among 902 Asset Management companies, Allspring Utilities and Highome Fund ranks worse than 64.75% on this metric.

As of today (2026-07-16), Allspring Utilities and Highome Fund's current share price is $12.155. Allspring Utilities and Highome Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug25 was $1.14. Allspring Utilities and Highome Fund's Cyclically Adjusted PS Ratio for today is 10.66.

The historical rank and industry rank for Allspring Utilities and Highome Fund's Cyclically Adjusted PS Ratio or its related term are showing as below:

ERH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.68   Med: 10.86   Max: 13.78
Current: 10.67

During the past 13 years, Allspring Utilities and Highome Fund's highest Cyclically Adjusted PS Ratio was 13.78. The lowest was 7.68. And the median was 10.86.

ERH's Cyclically Adjusted PS Ratio is ranked worse than
64.75% of 902 companies
in the Asset Management industry
Industry Median: 7.66 vs ERH: 10.67

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.

Allspring Utilities and Highome Fund's adjusted revenue per share data of for the fiscal year that ended in Aug25 was $1.743. 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 $1.14 for the trailing ten years ended in Aug25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allspring Utilities and Highome Fund  (AMEX:ERH) 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.


Allspring Utilities and Highome Fund Cyclically Adjusted PS Ratio Related Terms


Allspring Utilities and Highome Fund Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Allspring Utilities and Highome Fund'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.

Allspring Utilities and Highome Fund Cyclically Adjusted PS Ratio Chart

Allspring Utilities and Highome Fund 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 12.16 9.89 10.00 12.24 10.55

Allspring Utilities and Highome Fund 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 12.24 0.00 10.55 0.00

ERH vs SBI, ENDI, PCF: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Allspring Utilities and Highome Fund'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.


Allspring Utilities and Highome Fund Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Allspring Utilities and Highome Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Allspring Utilities and Highome Fund's Cyclically Adjusted PS Ratio falls into.


ERH
32GF Score
Allspring Utilities and High Income Fund ERH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Allspring Utilities and Highome Fund 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.

Allspring Utilities and Highome Fund's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.155/1.14
=10.66

* 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.

Allspring Utilities and Highome Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug25 is calculated as:

For example, Allspring Utilities and Highome Fund'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)
=1.743/323.9760*323.9760
=1.743

Current CPI (Aug25) = 323.9760.

Allspring Utilities and Highome Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201608 1.243 240.849 1.672
201708 1.660 245.519 2.190
201808 -0.119 252.146 -0.153
201908 1.450 256.558 1.831
202008 0.053 259.918 0.066
202108 2.209 273.567 2.616
202208 0.560 296.171 0.613
202308 -1.377 307.026 -1.453
202408 2.202 314.796 2.266
202508 1.743 323.976 1.743

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 10.66 mean?
Allspring Utilities and Highome Fund (ERH) has a Cyclically Adjusted PS Ratio of 10.66 as of Jul. 16, 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 Allspring Utilities and Highome Fund and its competitors. This is near median its historical median of 10.86. Over the past decade, Allspring Utilities and Highome Fund's Cyclically Adjusted PS Ratio has ranged from 7.68 to 13.78. According to the industry distribution chart, Allspring Utilities and Highome Fund ranks #584 out of 902 companies in the Asset Management industry, placing it in the top 64.7%.
Is Allspring Utilities and Highome Fund's Cyclically Adjusted PS Ratio too high?
Allspring Utilities and Highome Fund's current Cyclically Adjusted PS Ratio of 10.66 is near median its 10-year median of 10.86. Over the past 10 years, this metric has ranged from a low of 7.68 to a high of 13.78. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.66. Allspring Utilities and Highome Fund's value of 10.66 is 39.2% above this industry median. Based on the distribution chart, Allspring Utilities and Highome Fund ranks #584 out of 902 companies in the Asset Management industry, which is below the industry midpoint. Overall, Allspring Utilities and Highome Fund has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Allspring Utilities and Highome Fund's Cyclically Adjusted PS Ratio compare to SBI and ENDI?
According to the Asset Management industry distribution chart, Allspring Utilities and Highome Fund ranks #584 out of 902 companies for Cyclically Adjusted PS Ratio. This places Allspring Utilities and Highome Fund in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.66. Allspring Utilities and Highome Fund's value of 10.66 is 39.2% above this benchmark. Historically, Allspring Utilities and Highome Fund's own Cyclically Adjusted PS Ratio has ranged from 7.68 to 13.78 over the past decade. While the company's 10-year median is 10.86 vs. the industry median of 7.66, Allspring Utilities and Highome Fund 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 7.66, 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. Allspring Utilities and Highome Fund's current Cyclically Adjusted PS Ratio of 10.66 is 39.2% 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 Allspring Utilities and Highome Fund and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allspring Utilities and Highome Fund's current Cyclically Adjusted PS Ratio is 10.66, which is near median its own 10-year median of 10.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allspring Utilities and Highome Fund stock overvalued right now?
Allspring Utilities and Highome Fund (ERH) has a current Cyclically Adjusted PS Ratio of 10.66. The current Cyclically Adjusted PS Ratio is 10.66, which is near median its 10-year median of 10.86 and 39.2% above the Asset Management industry median of 7.66. Allspring Utilities and Highome Fund's overall GF Score™ is 32/100 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 Allspring Utilities and Highome Fund (ERH), the current Cyclically Adjusted PS Ratio is 10.66 as of Jul. 16, 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.

Allspring Utilities and Highome Fund Business Description

Address 1415 Vantage Park Drive, 3rd Floor, Charlotte, NC, USA, 28203
Allspring Utilities and High Income Fund is a diversified closed-end management investment company. Its investment objective is to seek a high level of current income and moderate capital growth, with an emphasis on providing tax-advantaged dividend income. The company allocates a majority of its total assets to a sleeve that places a focus on common, preferred, and convertible preferred stocks of utility companies and the rest of its total assets to a sleeve of U.S. dollar denominated below investment grade (high yield) debt.
32GF Score

Get the complete analysis for ERH

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

$12.16
Price