Polar Capital Global Financials Trust (LSE:PCFT) Cyclically Adjusted PS Ratio: 17.29 (As of Jul. 12, 2026) — Near Median


LSE:PCFT Polar Capital Global Financials Trust PLC LSE:PCFT
37 GF Score
Price £2.42
! 5 Warning Signs
View Full Analysis

What is Polar Capital Global Financials Trust Cyclically Adjusted PS Ratio?

Polar Capital Global Financials Trust LSE:PCFT +0.21% 37 Cyclically Adjusted PS Ratio is 17.29 as of Jul. 12, 2026, which is 1% below its 10-year median of 17.50. GuruFocus rates LSE:PCFT with a GF Score™ of 37/100. The stock has 5 warning signs investors should review. Among 903 Asset Management companies, Polar Capital Global Financials Trust ranks worse than 83.83% on this metric.

As of today (2026-07-12), Polar Capital Global Financials Trust's current share price is £2.42. Polar Capital Global Financials Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov25 was £0.14. Polar Capital Global Financials Trust's Cyclically Adjusted PS Ratio for today is 17.29.

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

LSE:PCFT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 14.82   Med: 17.5   Max: 24.53
Current: 16.92

During the past 13 years, Polar Capital Global Financials Trust's highest Cyclically Adjusted PS Ratio was 24.53. The lowest was 14.82. And the median was 17.50.

LSE:PCFT's Cyclically Adjusted PS Ratio is ranked worse than
83.83% of 903 companies
in the Asset Management industry
Industry Median: 7.61 vs LSE:PCFT: 16.92

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.

Polar Capital Global Financials Trust's adjusted revenue per share data of for the fiscal year that ended in Nov25 was £0.236. 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 Nov25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polar Capital Global Financials Trust  (LSE:PCFT) 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.


Polar Capital Global Financials Trust Cyclically Adjusted PS Ratio Related Terms


Polar Capital Global Financials Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Polar Capital Global Financials 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.

Polar Capital Global Financials Trust Cyclically Adjusted PS Ratio Chart

Polar Capital Global Financials Trust Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 19.28 18.35 16.09 15.24

Polar Capital Global Financials Trust Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 18.35 0.00 16.09 0.00 15.24

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

For the Asset Management subindustry, Polar Capital Global Financials 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.


Polar Capital Global Financials Trust Cyclically Adjusted PS Ratio vs Asset Management Industry

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

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


LSE:PCFT
37GF Score
Polar Capital Global Financials Trust PLC LSE:PCFT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polar Capital Global Financials 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.

Polar Capital Global Financials Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.42/0.14
=17.29

* 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.

Polar Capital Global Financials Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov25 is calculated as:

For example, Polar Capital Global Financials Trust's adjusted Revenue per Share data for the fiscal year that ended in Nov25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov25 (Change)*Current CPI (Nov25)
=0.236/139.4000*139.4000
=0.236

Current CPI (Nov25) = 139.4000.

Polar Capital Global Financials Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201611 0.196 101.800 0.268
201711 0.171 104.700 0.228
201811 -0.011 106.900 -0.014
201911 0.121 108.500 0.155
202011 -0.292 109.100 -0.373
202111 0.312 114.100 0.381
202211 0.024 124.800 0.027
202311 -0.042 130.000 -0.045
202411 0.548 134.600 0.568
202511 0.236 139.400 0.236

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 17.29 mean?
Polar Capital Global Financials Trust (LSE:PCFT) has a Cyclically Adjusted PS Ratio of 17.29 as of Jul. 12, 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 Polar Capital Global Financials Trust and its competitors. This is near median its historical median of 17.50. Over the past decade, Polar Capital Global Financials Trust's Cyclically Adjusted PS Ratio has ranged from 14.82 to 24.53. According to the industry distribution chart, Polar Capital Global Financials Trust ranks #757 out of 903 companies in the Asset Management industry, placing it in the top 83.8%.
Is Polar Capital Global Financials Trust's Cyclically Adjusted PS Ratio too high?
Polar Capital Global Financials Trust's current Cyclically Adjusted PS Ratio of 17.29 is near median its 10-year median of 17.50. Over the past 10 years, this metric has ranged from a low of 14.82 to a high of 24.53. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.61. Polar Capital Global Financials Trust's value of 17.29 is 127.2% above this industry median. Based on the distribution chart, Polar Capital Global Financials Trust ranks #757 out of 903 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Polar Capital Global Financials Trust has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Polar Capital Global Financials Trust's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Polar Capital Global Financials Trust ranks #757 out of 903 companies for Cyclically Adjusted PS Ratio. This places Polar Capital Global Financials Trust in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.61. Polar Capital Global Financials Trust's value of 17.29 is 127.2% above this benchmark. Historically, Polar Capital Global Financials Trust's own Cyclically Adjusted PS Ratio has ranged from 14.82 to 24.53 over the past decade. While the company's 10-year median is 17.50 vs. the industry median of 7.61, Polar Capital Global Financials 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. Polar Capital Global Financials Trust's current Cyclically Adjusted PS Ratio of 17.29 is 127.2% 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 Polar Capital Global Financials 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. Polar Capital Global Financials Trust's current Cyclically Adjusted PS Ratio is 17.29, which is near median its own 10-year median of 17.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Capital Global Financials Trust stock overvalued right now?
Polar Capital Global Financials Trust (LSE:PCFT) has a current Cyclically Adjusted PS Ratio of 17.29. The current Cyclically Adjusted PS Ratio is 17.29, which is near median its 10-year median of 17.50 and 127.2% above the Asset Management industry median of 7.61. Polar Capital Global Financials Trust's overall GF Score™ is 37/100 with 5 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 Polar Capital Global Financials Trust (LSE:PCFT), the current Cyclically Adjusted PS Ratio is 17.29 as of Jul. 12, 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.

Polar Capital Global Financials Trust Business Description

Address 16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Global Financials Trust PLC is an asset management firm based in the United Kingdom. Its core objective is to provide its investors with a growing dividend income with capital appreciation. To achieve this, it invests in listed or quoted securities issued by companies in the financial sector operating in the banking, insurance, property and other subsectors. Its portfolio entails equities, index-linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, forward transactions, index options, and other instruments, including derivatives. It has a diversified portfolio of investments in different geographical regions such as North America, Europe, Asia, the United Kingdom, Latin America, Japan and East Europe.
37GF Score

Get the complete analysis for LSE:PCFT

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

£2.42
Price