Fletcher King (LSE:FLK) Cyclically Adjusted PS Ratio: 0.87 (As of Jul. 29, 2026) — 16% Below Median

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LSE:FLK Fletcher King PLC LSE:FLK
51 GF Score
Price £0.38
GF Value £0.46
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Fletcher King Cyclically Adjusted PS Ratio?

Fletcher King LSE:FLK 51 Cyclically Adjusted PS Ratio is 0.87 as of Jul. 29, 2026, which is 16% below its 10-year median of 1.03. GuruFocus rates LSE:FLK with a GF Score™ of 51/100 and a GF Value™ of £0.46 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,356 Real Estate companies, Fletcher King ranks better than 68.29% on this metric.

As of today (2026-07-29), Fletcher King's current share price is £0.375. Fletcher King's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Apr25 was £0.43. Fletcher King's Cyclically Adjusted PS Ratio for today is 0.87.

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

LSE:FLK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.03   Max: 1.66
Current: 0.88

During the past 13 years, Fletcher King's highest Cyclically Adjusted PS Ratio was 1.66. The lowest was 0.65. And the median was 1.03.

LSE:FLK's Cyclically Adjusted PS Ratio is ranked better than
68.29% of 1356 companies
in the Real Estate industry
Industry Median: 1.78 vs LSE:FLK: 0.88

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.

Fletcher King's adjusted revenue per share data of for the fiscal year that ended in Apr25 was £0.375. 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 £0.43 for the trailing ten years ended in Apr25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fletcher King  (LSE:FLK) 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.


Fletcher King Cyclically Adjusted PS Ratio Related Terms


Fletcher King Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fletcher King'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.

Fletcher King Cyclically Adjusted PS Ratio Chart

Fletcher King Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 1.17 0.88 0.83 0.67

Fletcher King Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 0.83 0.00 0.67 0.00

LSE:FLK vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Fletcher King'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.


Fletcher King Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fletcher King's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LSE:FLK
51GF Score
Fletcher King PLC LSE:FLK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fletcher King 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.

Fletcher King's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.375/0.43
=0.87

* 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.

Fletcher King's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Apr25 is calculated as:

For example, Fletcher King's adjusted Revenue per Share data for the fiscal year that ended in Apr25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr25 (Change)*Current CPI (Apr25)
=0.375/137.7000*137.7000
=0.375

Current CPI (Apr25) = 137.7000.

Fletcher King Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201604 0.503 100.600 0.689
201704 0.445 103.200 0.594
201804 0.332 105.500 0.433
201904 0.331 107.600 0.424
202004 0.314 108.600 0.398
202104 0.246 110.400 0.307
202204 0.288 119.000 0.333
202304 0.300 128.300 0.322
202404 0.373 132.200 0.389
202504 0.375 137.700 0.375

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 0.87 mean?
Fletcher King (LSE:FLK) has a Cyclically Adjusted PS Ratio of 0.87 as of Jul. 29, 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 Fletcher King and its competitors. This is 16% below median its historical median of 1.03. Over the past decade, Fletcher King's Cyclically Adjusted PS Ratio has ranged from 0.65 to 1.66. According to the industry distribution chart, Fletcher King ranks #430 out of 1356 companies in the Real Estate industry, placing it in the top 31.7%.
Is Fletcher King's Cyclically Adjusted PS Ratio too high?
Fletcher King's current Cyclically Adjusted PS Ratio of 0.87 is 16% below median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 1.66. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.78. Fletcher King's value of 0.87 is 51.1% below this industry median. Based on the distribution chart, Fletcher King ranks #430 out of 1356 companies in the Real Estate industry, which is above the industry midpoint. Overall, Fletcher King has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fletcher King's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Fletcher King ranks #430 out of 1356 companies for Cyclically Adjusted PS Ratio. This puts Fletcher King in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.78. Fletcher King's value of 0.87 is 51.1% below this benchmark. Historically, Fletcher King's own Cyclically Adjusted PS Ratio has ranged from 0.65 to 1.66 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.78, Fletcher King has consistently been below 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 a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.78, based on 1,356 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. Fletcher King's current Cyclically Adjusted PS Ratio of 0.87 is 51.1% below 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 Fletcher King and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fletcher King's current Cyclically Adjusted PS Ratio is 0.87, which is 16% below median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fletcher King stock overvalued right now?
Based on GuruFocus' analysis, Fletcher King (LSE:FLK) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.46, compared to a current price of £0.38 — trading 18.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.87, which is 16% below median its 10-year median of 1.03 and 51.1% below the Real Estate industry median of 1.78. Fletcher King's overall GF Score™ is 51/100 with 4 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 Fletcher King (LSE:FLK), the current Cyclically Adjusted PS Ratio is 0.87 as of Jul. 29, 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 Fletcher King (LSE:FLK) Overvalued in 2026?

Based on GuruFocus' analysis, Fletcher King stock appears to be undervalued. The current stock price of £0.38 is trading 18.5% below its estimated GF Value™ of £0.46. GuruFocus considers Fletcher King to be Modestly Undervalued.

Key valuation signals for LSE:FLK:

  • Cyclically Adjusted PS Ratio: 0.87 (16% below median its 10-year median of 1.03)
  • GF Value™: £0.46 vs. price of £0.38 (18.5% below fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 51.1% below the Real Estate median (#430 of 1356)

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


Fletcher King Business Description

Address 19-20 Great Pulteney Street, Soho, London, GBR, W1F 9NF
Fletcher King PLC is a property fund management company. The company along with its subsidiaries provides a comprehensive range of property services and advice including property fund management, property asset management, rating, valuations, and investment broking throughout the United Kingdom. The group is organized into one operating segment which is General Services. It generates the majority of its revenue from the UK.
51GF Score

Get the complete analysis for LSE:FLK

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

£0.38
Price
£0.46
GF Value