JPMorgan US Smaller IT (LSE:JUSC) Cyclically Adjusted PS Ratio: 12.46 (As of Jul. 29, 2026) — Near Median

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LSE:JUSC JPMorgan US Smaller Companies IT PLC LSE:JUSC
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What is JPMorgan US Smaller IT Cyclically Adjusted PS Ratio?

JPMorgan US Smaller IT LSE:JUSC +0.81% 40 Cyclically Adjusted PS Ratio is 12.46 as of Jul. 29, 2026, which is 4% above its 10-year median of 11.96. GuruFocus rates LSE:JUSC with a GF Score™ of 40/100. The stock has 3 warning signs investors should review. Among 906 Asset Management companies, JPMorgan US Smaller IT ranks worse than 73.29% on this metric.

As of today (2026-07-29), JPMorgan US Smaller IT's current share price is £4.36. JPMorgan US Smaller IT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was £0.35. JPMorgan US Smaller IT's Cyclically Adjusted PS Ratio for today is 12.46.

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

LSE:JUSC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.27   Med: 11.96   Max: 28.2
Current: 12.47

During the past 13 years, JPMorgan US Smaller IT's highest Cyclically Adjusted PS Ratio was 28.20. The lowest was 7.27. And the median was 11.96.

LSE:JUSC's Cyclically Adjusted PS Ratio is ranked worse than
73.29% of 906 companies
in the Asset Management industry
Industry Median: 7.655 vs LSE:JUSC: 12.47

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.

JPMorgan US Smaller IT's adjusted revenue per share data of for the fiscal year that ended in Dec25 was £-0.585. 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 £0.35 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


JPMorgan US Smaller IT  (LSE:JUSC) 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.


JPMorgan US Smaller IT Cyclically Adjusted PS Ratio Related Terms


JPMorgan US Smaller IT Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for JPMorgan US Smaller IT'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.

JPMorgan US Smaller IT Cyclically Adjusted PS Ratio Chart

JPMorgan US Smaller IT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.32 9.87 10.81 11.75 11.44

JPMorgan US Smaller IT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 10.81 0.00 11.75 0.00 11.44

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

For the Asset Management subindustry, JPMorgan US Smaller IT'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.


JPMorgan US Smaller IT Cyclically Adjusted PS Ratio vs Asset Management Industry

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

* The bar in red indicates where JPMorgan US Smaller IT's Cyclically Adjusted PS Ratio falls into.


LSE:JUSC
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JPMorgan US Smaller Companies IT PLC LSE:JUSC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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JPMorgan US Smaller IT 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.

JPMorgan US Smaller IT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.36/0.35
=12.46

* 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.

JPMorgan US Smaller IT's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, JPMorgan US Smaller IT's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=-0.585/139.9000*139.9000
=-0.585

Current CPI (Dec25) = 139.9000.

JPMorgan US Smaller IT Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.927 102.200 1.269
201712 0.187 105.000 0.249
201812 -0.159 107.100 -0.208
201912 0.724 108.500 0.934
202012 0.550 109.400 0.703
202112 0.691 114.700 0.843
202212 -0.369 125.300 -0.412
202312 0.201 130.500 0.215
202412 0.472 135.100 0.489
202512 -0.585 139.900 -0.585

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 12.46 mean?
JPMorgan US Smaller IT (LSE:JUSC) has a Cyclically Adjusted PS Ratio of 12.46 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 JPMorgan US Smaller IT and its competitors. This is near median its historical median of 11.96. Over the past decade, JPMorgan US Smaller IT's Cyclically Adjusted PS Ratio has ranged from 7.27 to 28.20. According to the industry distribution chart, JPMorgan US Smaller IT ranks #664 out of 906 companies in the Asset Management industry, placing it in the top 73.3%.
Is JPMorgan US Smaller IT's Cyclically Adjusted PS Ratio too high?
JPMorgan US Smaller IT's current Cyclically Adjusted PS Ratio of 12.46 is near median its 10-year median of 11.96. Over the past 10 years, this metric has ranged from a low of 7.27 to a high of 28.20. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.66. JPMorgan US Smaller IT's value of 12.46 is 62.8% above this industry median. Based on the distribution chart, JPMorgan US Smaller IT ranks #664 out of 906 companies in the Asset Management industry, which is below the industry midpoint. Overall, JPMorgan US Smaller IT has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does JPMorgan US Smaller IT's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan US Smaller IT ranks #664 out of 906 companies for Cyclically Adjusted PS Ratio. This places JPMorgan US Smaller IT in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.66. JPMorgan US Smaller IT's value of 12.46 is 62.8% above this benchmark. Historically, JPMorgan US Smaller IT's own Cyclically Adjusted PS Ratio has ranged from 7.27 to 28.20 over the past decade. While the company's 10-year median is 11.96 vs. the industry median of 7.66, JPMorgan US Smaller IT 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 7.66, based on 906 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. JPMorgan US Smaller IT's current Cyclically Adjusted PS Ratio of 12.46 is 62.8% 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 JPMorgan US Smaller IT and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan US Smaller IT's current Cyclically Adjusted PS Ratio is 12.46, which is near median its own 10-year median of 11.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan US Smaller IT stock overvalued right now?
JPMorgan US Smaller IT (LSE:JUSC) has a current Cyclically Adjusted PS Ratio of 12.46. The current Cyclically Adjusted PS Ratio is 12.46, which is near median its 10-year median of 11.96 and 62.8% above the Asset Management industry median of 7.66. JPMorgan US Smaller IT's overall GF Score™ is 40/100 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 JPMorgan US Smaller IT (LSE:JUSC), the current Cyclically Adjusted PS Ratio is 12.46 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.

JPMorgan US Smaller IT Business Description

Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan US Smaller Companies IT PLC is a UK-based investment company. It aims to achieve capital growth by investing in U.S. smaller companies. The company invests in a diversified portfolio and employs a manager with a focus on research and identifying attractive stocks in the U.S. smaller companies' universe. It reviews its performance against the Russell 2000 Index total return with net dividends reinvested, expressed in sterling terms which represent smaller companies' index, and is rebalanced annually to represent the bottom 10% by market capitalization of all quoted companies in the U.S.
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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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