GRF (Eagle Capital Growth Fund) Cyclically Adjusted PS Ratio: 7.90 (As of Jul. 11, 2026) — Near Median


GRF Eagle Capital Growth Fund Inc GRF
54 GF Score
Price $10.04
GF Value $9.98
Valuation Fairly Valued
! 2 Warning Signs
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What is Eagle Capital Growth Fund Cyclically Adjusted PS Ratio?

Eagle Capital Growth Fund GRF -0.61% 54 Cyclically Adjusted PS Ratio is 7.90 as of Jul. 11, 2026, which is 1% below its 10-year median of 8.00. GuruFocus rates GRF with a GF Score™ of 54/100 and a GF Value™ of $9.98 (Fairly Valued). The stock has 2 warning signs investors should review. Among 904 Asset Management companies, Eagle Capital Growth Fund ranks worse than 51.88% on this metric.

As of today (2026-07-11), Eagle Capital Growth Fund's current share price is $10.0379. Eagle Capital Growth Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was $1.27. Eagle Capital Growth Fund's Cyclically Adjusted PS Ratio for today is 7.90.

The historical rank and industry rank for Eagle Capital Growth Fund's Cyclically Adjusted PS Ratio or its related term are showing as below:

GRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.35   Med: 8   Max: 10.18
Current: 7.94

During the past 13 years, Eagle Capital Growth Fund's highest Cyclically Adjusted PS Ratio was 10.18. The lowest was 5.35. And the median was 8.00.

GRF's Cyclically Adjusted PS Ratio is ranked worse than
51.88% of 904 companies
in the Asset Management industry
Industry Median: 7.635 vs GRF: 7.94

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.

Eagle Capital Growth Fund's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $1.335. 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 $1.27 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eagle Capital Growth Fund  (AMEX:GRF) 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.


Eagle Capital Growth Fund Cyclically Adjusted PS Ratio Related Terms


Eagle Capital Growth Fund Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Eagle Capital Growth 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.

Eagle Capital Growth Fund Cyclically Adjusted PS Ratio Chart

Eagle Capital Growth Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.63 7.31 9.00 8.64 8.41

Eagle Capital Growth Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 9.00 0.00 8.64 0.00 8.41

GRF vs GROW, MLCI, FCO: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Eagle Capital Growth 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.


Eagle Capital Growth Fund Cyclically Adjusted PS Ratio vs Asset Management Industry

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

* The bar in red indicates where Eagle Capital Growth Fund's Cyclically Adjusted PS Ratio falls into.


GRF
54GF Score
Eagle Capital Growth Fund Inc GRF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Eagle Capital Growth 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.

Eagle Capital Growth Fund's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.0379/1.27
=7.90

* 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.

Eagle Capital Growth Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Eagle Capital Growth Fund's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.335/324.0540*324.0540
=1.335

Current CPI (Dec25) = 324.0540.

Eagle Capital Growth Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 1.058 241.432 1.420
201712 1.494 246.524 1.964
201812 -0.368 251.233 -0.475
201912 1.749 256.974 2.206
202012 1.054 260.474 1.311
202112 2.233 278.802 2.595
202212 -0.389 296.797 -0.425
202312 1.221 306.746 1.290
202412 1.466 315.605 1.505
202512 1.335 324.054 1.335

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 7.90 mean?
Eagle Capital Growth Fund (GRF) has a Cyclically Adjusted PS Ratio of 7.90 as of Jul. 11, 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 Eagle Capital Growth Fund and its competitors. This is near median its historical median of 8.00. Over the past decade, Eagle Capital Growth Fund's Cyclically Adjusted PS Ratio has ranged from 5.35 to 10.18. According to the industry distribution chart, Eagle Capital Growth Fund ranks #469 out of 904 companies in the Asset Management industry, placing it in the top 51.9%.
Is Eagle Capital Growth Fund's Cyclically Adjusted PS Ratio too high?
Eagle Capital Growth Fund's current Cyclically Adjusted PS Ratio of 7.90 is near median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 5.35 to a high of 10.18. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.64. Eagle Capital Growth Fund's value of 7.90 is 3.5% above this industry median. Based on the distribution chart, Eagle Capital Growth Fund ranks #469 out of 904 companies in the Asset Management industry, which is below the industry midpoint. Overall, Eagle Capital Growth Fund has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eagle Capital Growth Fund's Cyclically Adjusted PS Ratio compare to GROW and MLCI?
According to the Asset Management industry distribution chart, Eagle Capital Growth Fund ranks #469 out of 904 companies for Cyclically Adjusted PS Ratio. This places Eagle Capital Growth Fund in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.64. Eagle Capital Growth Fund's value of 7.90 is 3.5% above this benchmark. Historically, Eagle Capital Growth Fund's own Cyclically Adjusted PS Ratio has ranged from 5.35 to 10.18 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 7.64, Eagle Capital Growth 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 7.64, 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. Eagle Capital Growth Fund's current Cyclically Adjusted PS Ratio of 7.90 is 3.5% 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 Eagle Capital Growth Fund 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. Eagle Capital Growth Fund's current Cyclically Adjusted PS Ratio is 7.90, which is near median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eagle Capital Growth Fund stock overvalued right now?
Based on GuruFocus' analysis, Eagle Capital Growth Fund (GRF) is currently considered Fairly Valued. The stock's GF Value™ is $9.98, compared to a current price of $10.04 — trading 0.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.90, which is near median its 10-year median of 8.00 and 3.5% above the Asset Management industry median of 7.64. Eagle Capital Growth Fund's overall GF Score™ is 54/100 with 2 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 Eagle Capital Growth Fund (GRF), the current Cyclically Adjusted PS Ratio is 7.90 as of Jul. 11, 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 Eagle Capital Growth Fund (GRF) Overvalued in 2026?

Based on GuruFocus' analysis, Eagle Capital Growth Fund stock appears to be overvalued. The current stock price of $10.04 is trading 0.6% above its estimated GF Value™ of $9.98. GuruFocus considers Eagle Capital Growth Fund to be Fairly Valued.

Key valuation signals for GRF:

  • Cyclically Adjusted PS Ratio: 7.90 (near median its 10-year median of 8.00)
  • GF Value™: $9.98 vs. price of $10.04 (0.6% above fair value)
  • GF Score™: 54/100 with 2 warning signs
  • Industry Position: 3.5% above the Asset Management median (#469 of 904)

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


Eagle Capital Growth Fund Business Description

Address 225 East Mason Street, Suite 802, Milwaukee, WI, USA, 53202
Eagle Capital Growth Fund Inc is a diversified closed-end investment company. The Fund's objective is long-term growth utilizing the concept of total return for selecting investments. It seeks to achieve its investment objectives by investing predominantly in U.S. issuer common stock, giving preference to high-quality companies, where high quality denotes substantial operating income margins, high returns on capital, and robust balance sheets.
54GF Score

Get the complete analysis for GRF

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

$10.04
Price
$9.98
GF Value