Fidelity Asian Values (LSE:FAS) Cyclically Adjusted PS Ratio: 10.25 (As of Jul. 14, 2026) — 11% Below Median

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LSE:FAS Fidelity Asian Values PLC LSE:FAS
55 GF Score
Price £5.74
GF Value £11.85
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Fidelity Asian Values Cyclically Adjusted PS Ratio?

Fidelity Asian Values LSE:FAS +0.70% 55 Cyclically Adjusted PS Ratio is 10.25 as of Jul. 14, 2026, which is 11% below its 10-year median of 11.52. GuruFocus rates LSE:FAS with a GF Score™ of 55/100 and a GF Value™ of £11.85 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 903 Asset Management companies, Fidelity Asian Values ranks worse than 61.24% on this metric.

As of today (2026-07-14), Fidelity Asian Values's current share price is £5.74. Fidelity Asian Values's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul25 was £0.56. Fidelity Asian Values's Cyclically Adjusted PS Ratio for today is 10.25.

The historical rank and industry rank for Fidelity Asian Values's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:FAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.92   Med: 11.52   Max: 20.24
Current: 10.19

During the past 13 years, Fidelity Asian Values's highest Cyclically Adjusted PS Ratio was 20.24. The lowest was 6.92. And the median was 11.52.

LSE:FAS's Cyclically Adjusted PS Ratio is ranked worse than
61.24% of 903 companies
in the Asset Management industry
Industry Median: 7.61 vs LSE:FAS: 10.19

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.

Fidelity Asian Values's adjusted revenue per share data of for the fiscal year that ended in Jul25 was £0.676. 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 £0.56 for the trailing ten years ended in Jul25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fidelity Asian Values  (LSE:FAS) 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.


Fidelity Asian Values Cyclically Adjusted PS Ratio Related Terms


Fidelity Asian Values Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fidelity Asian Values'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.

Fidelity Asian Values Cyclically Adjusted PS Ratio Chart

Fidelity Asian Values Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.55 10.14 10.67 10.16 10.08

Fidelity Asian Values Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 10.16 0.00 10.08 0.00

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

For the Asset Management subindustry, Fidelity Asian Values'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.


Fidelity Asian Values Cyclically Adjusted PS Ratio vs Asset Management Industry

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

* The bar in red indicates where Fidelity Asian Values's Cyclically Adjusted PS Ratio falls into.


LSE:FAS
55GF Score
Fidelity Asian Values PLC LSE:FAS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fidelity Asian Values 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.

Fidelity Asian Values's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.74/0.56
=10.25

* 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.

Fidelity Asian Values's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul25 is calculated as:

For example, Fidelity Asian Values's adjusted Revenue per Share data for the fiscal year that ended in Jul25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul25 (Change)*Current CPI (Jul25)
=0.676/138.5000*138.5000
=0.676

Current CPI (Jul25) = 138.5000.

Fidelity Asian Values Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201607 0.901 100.900 1.237
201707 0.705 103.500 0.943
201807 0.124 105.900 0.162
201907 0.363 108.000 0.466
202007 -0.719 109.200 -0.912
202107 1.480 111.400 1.840
202207 0.227 121.200 0.259
202307 0.624 129.000 0.670
202407 0.242 132.900 0.252
202507 0.676 138.500 0.676

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 10.25 mean?
Fidelity Asian Values (LSE:FAS) has a Cyclically Adjusted PS Ratio of 10.25 as of Jul. 14, 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 Fidelity Asian Values and its competitors. This is 11% below median its historical median of 11.52. Over the past decade, Fidelity Asian Values' Cyclically Adjusted PS Ratio has ranged from 6.92 to 20.24. According to the industry distribution chart, Fidelity Asian Values ranks #553 out of 903 companies in the Asset Management industry, placing it in the top 61.2%.
Is Fidelity Asian Values' Cyclically Adjusted PS Ratio too high?
Fidelity Asian Values' current Cyclically Adjusted PS Ratio of 10.25 is 11% below median its 10-year median of 11.52. Over the past 10 years, this metric has ranged from a low of 6.92 to a high of 20.24. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.61. Fidelity Asian Values' value of 10.25 is 34.7% above this industry median. Based on the distribution chart, Fidelity Asian Values ranks #553 out of 903 companies in the Asset Management industry, which is below the industry midpoint. Overall, Fidelity Asian Values has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fidelity Asian Values' Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Fidelity Asian Values ranks #553 out of 903 companies for Cyclically Adjusted PS Ratio. This places Fidelity Asian Values in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.61. Fidelity Asian Values' value of 10.25 is 34.7% above this benchmark. Historically, Fidelity Asian Values' own Cyclically Adjusted PS Ratio has ranged from 6.92 to 20.24 over the past decade. While the company's 10-year median is 11.52 vs. the industry median of 7.61, Fidelity Asian Values 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 7.61, based on 903 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. Fidelity Asian Values's current Cyclically Adjusted PS Ratio of 10.25 is 34.7% 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 Fidelity Asian Values and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fidelity Asian Values's current Cyclically Adjusted PS Ratio is 10.25, which is 11% below median its own 10-year median of 11.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidelity Asian Values stock overvalued right now?
Based on GuruFocus' analysis, Fidelity Asian Values (LSE:FAS) is currently considered Possible Value Trap. The stock's GF Value™ is £11.85, compared to a current price of £5.74 — trading 51.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.25, which is 11% below median its 10-year median of 11.52 and 34.7% above the Asset Management industry median of 7.61. Fidelity Asian Values' overall GF Score™ is 55/100 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 Fidelity Asian Values (LSE:FAS), the current Cyclically Adjusted PS Ratio is 10.25 as of Jul. 14, 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 Fidelity Asian Values (LSE:FAS) Overvalued in 2026?

Based on GuruFocus' analysis, Fidelity Asian Values stock appears to be undervalued. The current stock price of £5.74 is trading 51.6% below its estimated GF Value™ of £11.85. GuruFocus considers Fidelity Asian Values to be Possible Value Trap.

Key valuation signals for LSE:FAS:

  • Cyclically Adjusted PS Ratio: 10.25 (11% below median its 10-year median of 11.52)
  • GF Value™: £11.85 vs. price of £5.74 (51.6% below fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 34.7% above the Asset Management median (#553 of 903)

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


Fidelity Asian Values Business Description

Address Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, GBR, KT20 6RP
Fidelity Asian Values PLC is an investment trust that provides investment solutions and retirement expertise to institutions, individuals and their advisers. The company's objective is to achieve long-term capital growth principally from the stock markets of the Asian Region excluding Japan. The company invests across multiple sectors such as financials, consumer discretionary, industrials, consumer staples, materials, real estate, energy, healthcare, utilities, information technology, and communication services.
55GF Score

Get the complete analysis for LSE:FAS

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

£5.74
Price
£11.85
GF Value