Calculus VCT (LSE:CLC) Cyclically Adjusted PS Ratio: (As of Jul. 18, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:CLC Calculus VCT PLC LSE:CLC
37 GF Score
Price £0.53
GF Value £0.95
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Calculus VCT Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Calculus VCT  (LSE:CLC) 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.


Calculus VCT Cyclically Adjusted PS Ratio Related Terms


Calculus VCT Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for Calculus VCT'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.

Calculus VCT Cyclically Adjusted PS Ratio Chart

Calculus VCT Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Calculus VCT Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Feb23 Sep24 Mar25 Sep25
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 0.00 0.00 0.00 0.00

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

For the Asset Management subindustry, Calculus VCT'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.


Calculus VCT Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Calculus VCT's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Calculus VCT's Cyclically Adjusted PS Ratio falls into.


LSE:CLC
37GF Score
Calculus VCT PLC LSE:CLC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Calculus VCT 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.

Calculus VCT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar25 is calculated as:

For example, Calculus VCT's adjusted Revenue per Share data for the fiscal year that ended in Mar25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=0.022/136.1000*136.1000
=0.022

Current CPI (Mar25) = 136.1000.

Calculus VCT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201502 0.014 99.500 0.019
201602 -0.057 100.100 -0.077
201702 -0.011 102.400 -0.015
201802 -0.002 104.900 -0.003
201902 -0.057 106.800 -0.073
202002 -0.015 108.600 -0.019
202102 0.019 109.400 0.024
202202 0.055 115.400 0.065
202302 0.019 126.000 0.021
202503 0.022 136.100 0.022

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.

Is Calculus VCT (LSE:CLC) Overvalued in 2026?

Based on GuruFocus' analysis, Calculus VCT stock appears to be undervalued. The current stock price of £0.53 is trading 43.9% below its estimated GF Value™ of £0.95. GuruFocus considers Calculus VCT to be Significantly Undervalued.

Key valuation signals for LSE:CLC:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: £0.95 vs. price of £0.53 (43.9% below fair value)
  • GF Score™: 37/100 with 3 warning signs

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


Calculus VCT Business Description

Address 12 Conduit Street, London, GBR, W1S 2XH
Calculus VCT PLC is a part of the financial services sector in the United Kingdom. The company operates as a venture capital trust, focusing on the investment business. The investment objective of the company is to invest mainly in a diverse portfolio of United Kingdom growth companies. The company invests in a portfolio of venture capital investments that will provide sufficient returns to allow the company to maximize annual dividends and achieve capital growth over the medium to long term.
37GF Score

Get the complete analysis for LSE:CLC

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

£0.53
Price
£0.95
GF Value