BlackRock World Mining Trust (LSE:BRWM) Cyclically Adjusted PS Ratio: 8.17 (As of Jul. 31, 2026) — 46% Below 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.

LSE:BRWM BlackRock World Mining Trust PLC LSE:BRWM
41 GF Score
Price £8.82
! 1 Warning Sign
View Full Analysis

What is BlackRock World Mining Trust Cyclically Adjusted PS Ratio?

BlackRock World Mining Trust LSE:BRWM +1.73% 41 Cyclically Adjusted PS Ratio is 8.17 as of Jul. 31, 2026, which is 46% below its 10-year median of 15.14. GuruFocus rates LSE:BRWM with a GF Score™ of 41/100. The stock has 1 warning sign investors should review. Among 907 Asset Management companies, BlackRock World Mining Trust ranks worse than 52.92% on this metric.

As of today (2026-07-31), BlackRock World Mining Trust's current share price is £8.82. BlackRock World Mining Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was £1.08. BlackRock World Mining Trust's Cyclically Adjusted PS Ratio for today is 8.17.

The historical rank and industry rank for BlackRock World Mining Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:BRWM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.59   Med: 15.14   Max: 132
Current: 8.15

During the past 13 years, BlackRock World Mining Trust's highest Cyclically Adjusted PS Ratio was 132.00. The lowest was 7.59. And the median was 15.14.

LSE:BRWM's Cyclically Adjusted PS Ratio is ranked worse than
52.92% of 907 companies
in the Asset Management industry
Industry Median: 7.57 vs LSE:BRWM: 8.15

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.

BlackRock World Mining Trust's adjusted revenue per share data of for the fiscal year that ended in Dec25 was £3.686. 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 £1.08 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


BlackRock World Mining Trust  (LSE:BRWM) 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.


BlackRock World Mining Trust Cyclically Adjusted PS Ratio Related Terms


BlackRock World Mining Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for BlackRock World Mining 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.

BlackRock World Mining Trust Cyclically Adjusted PS Ratio Chart

BlackRock World Mining Trust 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 91.21 30.59 14.20 8.99 7.41

BlackRock World Mining Trust 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 14.20 0.00 8.99 0.00 7.41

LSE:BRWM vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, BlackRock World Mining 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.


BlackRock World Mining Trust Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock World Mining Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where BlackRock World Mining Trust's Cyclically Adjusted PS Ratio falls into.


LSE:BRWM
41GF Score
BlackRock World Mining Trust PLC LSE:BRWM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BlackRock World Mining 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.

BlackRock World Mining Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.82/1.08
=8.17

* 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.

BlackRock World Mining Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, BlackRock World Mining Trust'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)
=3.686/139.9000*139.9000
=3.686

Current CPI (Dec25) = 139.9000.

BlackRock World Mining Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 1.909 102.200 2.613
201712 0.919 105.000 1.224
201812 -0.503 107.100 -0.657
201912 0.665 108.500 0.857
202012 1.252 109.400 1.601
202112 1.092 114.700 1.332
202212 1.106 125.300 1.235
202312 -0.394 130.500 -0.422
202412 -0.602 135.100 -0.623
202512 3.686 139.900 3.686

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 8.17 mean?
BlackRock World Mining Trust (LSE:BRWM) has a Cyclically Adjusted PS Ratio of 8.17 as of Jul. 31, 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 BlackRock World Mining Trust and its competitors. This is 46% below median its historical median of 15.14. Over the past decade, BlackRock World Mining Trust's Cyclically Adjusted PS Ratio has ranged from 7.59 to 132.00. According to the industry distribution chart, BlackRock World Mining Trust ranks #480 out of 907 companies in the Asset Management industry, placing it in the top 52.9%.
Is BlackRock World Mining Trust's Cyclically Adjusted PS Ratio too high?
BlackRock World Mining Trust's current Cyclically Adjusted PS Ratio of 8.17 is 46% below median its 10-year median of 15.14. Over the past 10 years, this metric has ranged from a low of 7.59 to a high of 132.00. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.57. BlackRock World Mining Trust's value of 8.17 is 7.9% above this industry median. Based on the distribution chart, BlackRock World Mining Trust ranks #480 out of 907 companies in the Asset Management industry, which is below the industry midpoint. Overall, BlackRock World Mining Trust has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock World Mining Trust's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, BlackRock World Mining Trust ranks #480 out of 907 companies for Cyclically Adjusted PS Ratio. This places BlackRock World Mining Trust in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.57. BlackRock World Mining Trust's value of 8.17 is 7.9% above this benchmark. Historically, BlackRock World Mining Trust's own Cyclically Adjusted PS Ratio has ranged from 7.59 to 132.00 over the past decade. While the company's 10-year median is 15.14 vs. the industry median of 7.57, BlackRock World Mining 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 7.57, based on 907 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. BlackRock World Mining Trust's current Cyclically Adjusted PS Ratio of 8.17 is 7.9% 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 BlackRock World Mining Trust and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock World Mining Trust's current Cyclically Adjusted PS Ratio is 8.17, which is 46% below median its own 10-year median of 15.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock World Mining Trust stock overvalued right now?
BlackRock World Mining Trust (LSE:BRWM) has a current Cyclically Adjusted PS Ratio of 8.17. The current Cyclically Adjusted PS Ratio is 8.17, which is 46% below median its 10-year median of 15.14 and 7.9% above the Asset Management industry median of 7.57. BlackRock World Mining Trust's overall GF Score™ is 41/100 with 1 warning sign 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 BlackRock World Mining Trust (LSE:BRWM), the current Cyclically Adjusted PS Ratio is 8.17 as of Jul. 31, 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.

BlackRock World Mining Trust Business Description

Address 12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock World Mining Trust PLC is a UK-based investment trust company. Its primary investment objective is to maximize total returns to shareholders through a portfolio of mining and metal securities. It focuses on investing in quoted securities, royalties derived from the production of metals and minerals, as well as physical metals. It may utilize derivative instruments such as options, futures, and contracts for difference to enhance the performance of the group to meet its objectives.
41GF Score

Get the complete analysis for LSE:BRWM

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

£8.82
Price