Fuller Smith & Turner (LSE:FSTA) Cyclically Adjusted PS Ratio: 1.09 (As of Jul. 11, 2026) — Near Median


LSE:FSTA Fuller Smith & Turner PLC LSE:FSTA
80 GF Score
Price £7.10
GF Value £7.49
Valuation Fairly Valued
! 7 Warning Signs
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What is Fuller Smith & Turner Cyclically Adjusted PS Ratio?

Fuller Smith & Turner LSE:FSTA +1.43% 80 Cyclically Adjusted PS Ratio is 1.09 as of Jul. 11, 2026, which is 8% below its 10-year median of 1.19. GuruFocus rates LSE:FSTA with a GF Score™ of 80/100 and a GF Value™ of £7.49 (Fairly Valued). The stock has 7 warning signs investors should review. Among 255 Restaurants companies, Fuller Smith & Turner ranks worse than 67.06% on this metric.

As of today (2026-07-11), Fuller Smith & Turner's current share price is £7.10. Fuller Smith & Turner's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was £6.51. Fuller Smith & Turner's Cyclically Adjusted PS Ratio for today is 1.09.

The historical rank and industry rank for Fuller Smith & Turner's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:FSTA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.19   Max: 2.33
Current: 1.13

During the past 13 years, Fuller Smith & Turner's highest Cyclically Adjusted PS Ratio was 2.33. The lowest was 0.75. And the median was 1.19.

LSE:FSTA's Cyclically Adjusted PS Ratio is ranked worse than
67.06% of 255 companies
in the Restaurants industry
Industry Median: 0.69 vs LSE:FSTA: 1.13

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.

Fuller Smith & Turner's adjusted revenue per share data of for the fiscal year that ended in Mar26 was £7.241. 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 £6.51 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fuller Smith & Turner  (LSE:FSTA) 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.


Fuller Smith & Turner Cyclically Adjusted PS Ratio Related Terms


Fuller Smith & Turner Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fuller Smith & Turner'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.

Fuller Smith & Turner Cyclically Adjusted PS Ratio Chart

Fuller Smith & Turner Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 0.75 0.93 0.82 1.00

Fuller Smith & Turner Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.93 0.00 0.82 0.00 1.00

LSE:FSTA vs MCD, SBUX, YUM: Cyclically Adjusted PS Ratio Comparison

For the Restaurants subindustry, Fuller Smith & Turner'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.


Fuller Smith & Turner Cyclically Adjusted PS Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Fuller Smith & Turner's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fuller Smith & Turner's Cyclically Adjusted PS Ratio falls into.


LSE:FSTA
80GF Score
Fuller Smith & Turner PLC LSE:FSTA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuller Smith & Turner 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.

Fuller Smith & Turner's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.10/6.51
=1.09

* 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.

Fuller Smith & Turner's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Fuller Smith & Turner's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=7.241/140.8000*140.8000
=7.241

Current CPI (Mar26) = 140.8000.

Fuller Smith & Turner Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 7.018 102.700 9.622
201803 5.429 105.100 7.273
201903 5.867 107.000 7.720
202003 5.719 108.600 7.415
202103 1.323 109.700 1.698
202203 4.115 116.500 4.973
202303 5.521 126.800 6.131
202403 5.933 131.600 6.348
202503 6.500 136.100 6.724
202603 7.241 140.800 7.241

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 1.09 mean?
Fuller Smith & Turner (LSE:FSTA) has a Cyclically Adjusted PS Ratio of 1.09 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 Fuller Smith & Turner and its competitors. This is near median its historical median of 1.19. Over the past decade, Fuller Smith & Turner's Cyclically Adjusted PS Ratio has ranged from 0.75 to 2.33. According to the industry distribution chart, Fuller Smith & Turner ranks #171 out of 255 companies in the Restaurants industry, placing it in the top 67.1%.
Is Fuller Smith & Turner's Cyclically Adjusted PS Ratio too high?
Fuller Smith & Turner's current Cyclically Adjusted PS Ratio of 1.09 is near median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 2.33. The Restaurants industry median Cyclically Adjusted PS Ratio is 0.69. Fuller Smith & Turner's value of 1.09 is 58% above this industry median. Based on the distribution chart, Fuller Smith & Turner ranks #171 out of 255 companies in the Restaurants industry, which is below the industry midpoint. Overall, Fuller Smith & Turner has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fuller Smith & Turner's Cyclically Adjusted PS Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Fuller Smith & Turner ranks #171 out of 255 companies for Cyclically Adjusted PS Ratio. This places Fuller Smith & Turner in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.69. Fuller Smith & Turner's value of 1.09 is 58% above this benchmark. Historically, Fuller Smith & Turner's own Cyclically Adjusted PS Ratio has ranged from 0.75 to 2.33 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 0.69, Fuller Smith & Turner 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 a Restaurants company?
The median Cyclically Adjusted PS Ratio among Restaurants companies is 0.69, based on 255 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. Fuller Smith & Turner's current Cyclically Adjusted PS Ratio of 1.09 is 58% 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 Fuller Smith & Turner and its competitors. For the Restaurants industry, the median Cyclically Adjusted PS Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuller Smith & Turner's current Cyclically Adjusted PS Ratio is 1.09, which is near median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuller Smith & Turner stock overvalued right now?
Based on GuruFocus' analysis, Fuller Smith & Turner (LSE:FSTA) is currently considered Fairly Valued. The stock's GF Value™ is £7.49, compared to a current price of £7.10 — trading 5.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.09, which is near median its 10-year median of 1.19 and 58% above the Restaurants industry median of 0.69. Fuller Smith & Turner's overall GF Score™ is 80/100 with 7 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 Fuller Smith & Turner (LSE:FSTA), the current Cyclically Adjusted PS Ratio is 1.09 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 Fuller Smith & Turner (LSE:FSTA) Overvalued in 2026?

Based on GuruFocus' analysis, Fuller Smith & Turner stock appears to be undervalued. The current stock price of £7.10 is trading 5.2% below its estimated GF Value™ of £7.49. GuruFocus considers Fuller Smith & Turner to be Fairly Valued.

Key valuation signals for LSE:FSTA:

  • Cyclically Adjusted PS Ratio: 1.09 (near median its 10-year median of 1.19)
  • GF Value™: £7.49 vs. price of £7.10 (5.2% below fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 58% above the Restaurants median (#171 of 255)

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


Fuller Smith & Turner Business Description

Address 86-93 Strand-on-the-Green, Pier House, London, GBR, W4 3NN
Fuller Smith & Turner PLC is a family-owned operator of pubs and hotels in the United Kingdom. The company functions through two segments: Managed Pubs and Hotels and Tenanted Inns. Managed Pubs and Hotels, which comprises managed pubs, managed hotels, Bel & The Dragon, and Cotswold Inns & Hotels. Tenanted Inns, comprises pubs operated by third parties under tenancy or lease agreements. Managed Pubs and Hotels segment generates majority of the revenue for the company. All of the Group's business is within the UK.
80GF Score

Get the complete analysis for LSE:FSTA

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

£7.10
Price
£7.49
GF Value