The Global Smaller Trust (LSE:GSCT) Cyclically Adjusted PS Ratio: 13.96 (As of Jul. 13, 2026) — Near Median


LSE:GSCT The Global Smaller Companies Trust PLC LSE:GSCT
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What is The Global Smaller Trust Cyclically Adjusted PS Ratio?

The Global Smaller Trust LSE:GSCT +0.41% 39 Cyclically Adjusted PS Ratio is 13.96 as of Jul. 13, 2026, which is 9% above its 10-year median of 12.75. GuruFocus rates LSE:GSCT with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 903 Asset Management companies, The Global Smaller Trust ranks worse than 77.08% on this metric.

As of today (2026-07-13), The Global Smaller Trust's current share price is £1.954. The Global Smaller Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Apr26 was £0.14. The Global Smaller Trust's Cyclically Adjusted PS Ratio for today is 13.96.

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

LSE:GSCT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.83   Med: 12.75   Max: 21.48
Current: 13.8

During the past 13 years, The Global Smaller Trust's highest Cyclically Adjusted PS Ratio was 21.48. The lowest was 6.83. And the median was 12.75.

LSE:GSCT's Cyclically Adjusted PS Ratio is ranked worse than
77.08% of 903 companies
in the Asset Management industry
Industry Median: 7.61 vs LSE:GSCT: 13.80

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.

The Global Smaller Trust's adjusted revenue per share data of for the fiscal year that ended in Apr26 was £0.344. 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 £0.14 for the trailing ten years ended in Apr26.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Global Smaller Trust  (LSE:GSCT) 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.


The Global Smaller Trust Cyclically Adjusted PS Ratio Related Terms


The Global Smaller Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for The Global Smaller 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.

The Global Smaller Trust Cyclically Adjusted PS Ratio Chart

The Global Smaller Trust Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.94 11.59 12.32 13.65 13.28

The Global Smaller Trust Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 12.32 0.00 13.65 0.00 13.28

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

For the Asset Management subindustry, The Global Smaller 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.


The Global Smaller Trust Cyclically Adjusted PS Ratio vs Asset Management Industry

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

* The bar in red indicates where The Global Smaller Trust's Cyclically Adjusted PS Ratio falls into.


LSE:GSCT
39GF Score
The Global Smaller Companies Trust PLC LSE:GSCT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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The Global Smaller 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.

The Global Smaller Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.954/0.14
=13.96

* 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.

The Global Smaller Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Apr26 is calculated as:

For example, The Global Smaller Trust's adjusted Revenue per Share data for the fiscal year that ended in Apr26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr26 (Change)*Current CPI (Apr26)
=0.344/141.8000*141.8000
=0.344

Current CPI (Apr26) = 141.8000.

The Global Smaller Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201704 0.284 103.200 0.390
201804 0.121 105.500 0.163
201904 0.054 107.600 0.071
202004 -0.185 108.600 -0.242
202104 0.561 110.400 0.721
202204 -0.013 119.000 -0.015
202304 -0.069 128.300 -0.076
202404 0.137 132.200 0.147
202504 -0.084 137.700 -0.087
202604 0.344 141.800 0.344

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 13.96 mean?
The Global Smaller Trust (LSE:GSCT) has a Cyclically Adjusted PS Ratio of 13.96 as of Jul. 13, 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 The Global Smaller Trust and its competitors. This is near median its historical median of 12.75. Over the past decade, The Global Smaller Trust's Cyclically Adjusted PS Ratio has ranged from 6.83 to 21.48. According to the industry distribution chart, The Global Smaller Trust ranks #696 out of 903 companies in the Asset Management industry, placing it in the top 77.1%.
Is The Global Smaller Trust's Cyclically Adjusted PS Ratio too high?
The Global Smaller Trust's current Cyclically Adjusted PS Ratio of 13.96 is near median its 10-year median of 12.75. Over the past 10 years, this metric has ranged from a low of 6.83 to a high of 21.48. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.61. The Global Smaller Trust's value of 13.96 is 83.4% above this industry median. Based on the distribution chart, The Global Smaller Trust ranks #696 out of 903 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, The Global Smaller Trust has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does The Global Smaller Trust's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, The Global Smaller Trust ranks #696 out of 903 companies for Cyclically Adjusted PS Ratio. This places The Global Smaller Trust in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.61. The Global Smaller Trust's value of 13.96 is 83.4% above this benchmark. Historically, The Global Smaller Trust's own Cyclically Adjusted PS Ratio has ranged from 6.83 to 21.48 over the past decade. While the company's 10-year median is 12.75 vs. the industry median of 7.61, The Global Smaller 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 7.61, 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. The Global Smaller Trust's current Cyclically Adjusted PS Ratio of 13.96 is 83.4% 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 The Global Smaller Trust 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. The Global Smaller Trust's current Cyclically Adjusted PS Ratio is 13.96, which is near median its own 10-year median of 12.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Global Smaller Trust stock overvalued right now?
The Global Smaller Trust (LSE:GSCT) has a current Cyclically Adjusted PS Ratio of 13.96. The current Cyclically Adjusted PS Ratio is 13.96, which is near median its 10-year median of 12.75 and 83.4% above the Asset Management industry median of 7.61. The Global Smaller Trust's overall GF Score™ is 39/100 with 3 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 The Global Smaller Trust (LSE:GSCT), the current Cyclically Adjusted PS Ratio is 13.96 as of Jul. 13, 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.

The Global Smaller Trust Business Description

Address 78 Cannon Street, Cannon Place, London, GBR, EC4N 6AG
The Global Smaller Companies Trust PLC offers investors access to a broad spread International smaller companies portfolio. Its investment objective is to invest in smaller companies world-wide to secure a high total return. The portfolio consists of individual smaller company investments within the the USA, UK, and European markets, and fund holdings targeting smaller companies in Japan, Asia, Latin America, and other smaller territories.
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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