Montanaro UK Smaller Inv Tr (LSE:MTU) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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LSE:MTU Montanaro UK Smaller Companies Inv Tr PLC LSE:MTU
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What is Montanaro UK Smaller Inv Tr Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Montanaro UK Smaller Inv Tr  (LSE:MTU) 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.


Montanaro UK Smaller Inv Tr Cyclically Adjusted PS Ratio Related Terms


Montanaro UK Smaller Inv Tr Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for Montanaro UK Smaller Inv Tr'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.

Montanaro UK Smaller Inv Tr Cyclically Adjusted PS Ratio Chart

Montanaro UK Smaller Inv Tr 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 11.79 9.38 10.41 9.42 9.00

Montanaro UK Smaller Inv Tr 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 43.91 24.65 57.06 52.00 72.00

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

For the Asset Management subindustry, Montanaro UK Smaller Inv Tr'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.


Montanaro UK Smaller Inv Tr Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Montanaro UK Smaller Inv Tr's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Montanaro UK Smaller Inv Tr's Cyclically Adjusted PS Ratio falls into.


LSE:MTU
28GF Score
Montanaro UK Smaller Companies Inv Tr PLC LSE:MTU
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Montanaro UK Smaller Inv Tr 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.

Montanaro UK Smaller Inv Tr's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Montanaro UK Smaller Inv Tr'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)
=0.008/140.8000*140.8000
=0.008

Current CPI (Mar26) = 140.8000.

Montanaro UK Smaller Inv Tr Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 0.112 102.700 0.154
201803 0.125 105.100 0.167
201903 0.118 107.000 0.155
202003 0.084 108.600 0.109
202103 0.017 109.700 0.022
202203 0.143 116.500 0.173
202303 0.060 126.800 0.067
202403 0.095 131.600 0.102
202503 0.083 136.100 0.086
202603 0.008 140.800 0.008

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.


Montanaro UK Smaller Inv Tr Business Description

Address 53 Threadneedle Street, London, GBR, EC2R 8AR
Montanaro UK Smaller Companies Inv Tr PLC is a United Kingdom-based company. Its investment objective is capital appreciation through investing in small quoted companies, which are listed on the London Stock Exchange or traded on the Alternative Investment Market and to outperform its benchmark, the Deutsche Numis Smaller Companies Index. The company seeks to achieve its objective by investing in a diversified portfolio of quoted UK small companies.
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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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