Scottish American Investment Co (The) (LSE:SAIN) Cyclically Adjusted PS Ratio: 10.50 (As of Jul. 25, 2026) — 12% Below Median

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LSE:SAIN Scottish American Investment Co (The) PLC LSE:SAIN
44 GF Score
Price £5.46
GF Value £1.27
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Scottish American Investment Co (The) Cyclically Adjusted PS Ratio?

Scottish American Investment Co (The) LSE:SAIN +0.92% 44 Cyclically Adjusted PS Ratio is 10.50 as of Jul. 25, 2026, which is 12% below its 10-year median of 11.94. GuruFocus rates LSE:SAIN with a GF Score™ of 44/100 and a GF Value™ of £1.27 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 904 Asset Management companies, Scottish American Investment Co (The) ranks worse than 63.72% on this metric.

As of today (2026-07-25), Scottish American Investment Co (The)'s current share price is £5.46. Scottish American Investment Co (The)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was £0.52. Scottish American Investment Co (The)'s Cyclically Adjusted PS Ratio for today is 10.50.

The historical rank and industry rank for Scottish American Investment Co (The)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:SAIN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.32   Med: 11.94   Max: 27
Current: 10.46

During the past 13 years, Scottish American Investment Co (The)'s highest Cyclically Adjusted PS Ratio was 27.00. The lowest was 9.32. And the median was 11.94.

LSE:SAIN's Cyclically Adjusted PS Ratio is ranked worse than
63.72% of 904 companies
in the Asset Management industry
Industry Median: 7.61 vs LSE:SAIN: 10.46

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.

Scottish American Investment Co (The)'s adjusted revenue per share data of for the fiscal year that ended in Dec25 was £0.128. 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 £0.52 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scottish American Investment Co (The)  (LSE:SAIN) 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.


Scottish American Investment Co (The) Cyclically Adjusted PS Ratio Related Terms


Scottish American Investment Co (The) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Scottish American Investment Co (The)'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.

Scottish American Investment Co (The) Cyclically Adjusted PS Ratio Chart

Scottish American Investment Co (The) 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 11.62 11.60 11.24 9.84 9.98

Scottish American Investment Co (The) 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 11.24 0.00 9.84 0.00 9.98

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

For the Asset Management subindustry, Scottish American Investment Co (The)'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.


Scottish American Investment Co (The) Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Scottish American Investment Co (The)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Scottish American Investment Co (The)'s Cyclically Adjusted PS Ratio falls into.


LSE:SAIN
44GF Score
Scottish American Investment Co (The) PLC LSE:SAIN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scottish American Investment Co (The) 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.

Scottish American Investment Co (The)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.46/0.52
=10.50

* 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.

Scottish American Investment Co (The)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Scottish American Investment Co (The)'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)
=0.128/139.9000*139.9000
=0.128

Current CPI (Dec25) = 139.9000.

Scottish American Investment Co (The) Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.738 102.200 1.010
201712 0.550 105.000 0.733
201812 -0.107 107.100 -0.140
201912 0.764 108.500 0.985
202012 0.571 109.400 0.730
202112 0.938 114.700 1.144
202212 -0.355 125.300 -0.396
202312 0.610 130.500 0.654
202412 0.313 135.100 0.324
202512 0.128 139.900 0.128

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 10.50 mean?
Scottish American Investment Co (The) (LSE:SAIN) has a Cyclically Adjusted PS Ratio of 10.50 as of Jul. 25, 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 Scottish American Investment Co (The) and its competitors. This is 12% below median its historical median of 11.94. Over the past decade, Scottish American Investment Co (The)'s Cyclically Adjusted PS Ratio has ranged from 9.32 to 27.00. According to the industry distribution chart, Scottish American Investment Co (The) ranks #576 out of 904 companies in the Asset Management industry, placing it in the top 63.7%.
Is Scottish American Investment Co (The)'s Cyclically Adjusted PS Ratio too high?
Scottish American Investment Co (The)'s current Cyclically Adjusted PS Ratio of 10.50 is 12% below median its 10-year median of 11.94. Over the past 10 years, this metric has ranged from a low of 9.32 to a high of 27.00. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.61. Scottish American Investment Co (The)'s value of 10.50 is 38% above this industry median. Based on the distribution chart, Scottish American Investment Co (The) ranks #576 out of 904 companies in the Asset Management industry, which is below the industry midpoint. Overall, Scottish American Investment Co (The) has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scottish American Investment Co (The)'s Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Scottish American Investment Co (The) ranks #576 out of 904 companies for Cyclically Adjusted PS Ratio. This places Scottish American Investment Co (The) in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.61. Scottish American Investment Co (The)'s value of 10.50 is 38% above this benchmark. Historically, Scottish American Investment Co (The)'s own Cyclically Adjusted PS Ratio has ranged from 9.32 to 27.00 over the past decade. While the company's 10-year median is 11.94 vs. the industry median of 7.61, Scottish American Investment Co (The) 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 904 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. Scottish American Investment Co (The)'s current Cyclically Adjusted PS Ratio of 10.50 is 38% 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 Scottish American Investment Co (The) 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. Scottish American Investment Co (The)'s current Cyclically Adjusted PS Ratio is 10.50, which is 12% below median its own 10-year median of 11.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scottish American Investment Co (The) stock overvalued right now?
Based on GuruFocus' analysis, Scottish American Investment Co (The) (LSE:SAIN) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.27, compared to a current price of £5.46 — trading 329.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.50, which is 12% below median its 10-year median of 11.94 and 38% above the Asset Management industry median of 7.61. Scottish American Investment Co (The)'s overall GF Score™ is 44/100 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 Scottish American Investment Co (The) (LSE:SAIN), the current Cyclically Adjusted PS Ratio is 10.50 as of Jul. 25, 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 Scottish American Investment Co (The) (LSE:SAIN) Overvalued in 2026?

Based on GuruFocus' analysis, Scottish American Investment Co (The) stock appears to be overvalued. The current stock price of £5.46 is trading 329.9% above its estimated GF Value™ of £1.27. GuruFocus considers Scottish American Investment Co (The) to be Significantly Overvalued.

Key valuation signals for LSE:SAIN:

  • Cyclically Adjusted PS Ratio: 10.50 (12% below median its 10-year median of 11.94)
  • GF Value™: £1.27 vs. price of £5.46 (329.9% above fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 38% above the Asset Management median (#576 of 904)

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


Scottish American Investment Co (The) Business Description

Address Calton Square, 1 Greenside Row, Edinburgh, GBR, EH1 3AN
Scottish American Investment Co (The) PLC is an investment trust operating in the UK. Its objective is to deliver real dividend growth by increasing capital and growing income. The company mainly invests in equity markets as well as investments in other financial instruments including bonds, property, and other asset classes. It holds a diversified portfolio of investments irrespective of any pre-defined maximum or minimum exposure levels for asset classes, sectors, or regions. The company focuses on investing in listed equities to grow its assets over the medium to the longer term at a faster rate than inflation. It may use derivatives and structured instruments to hedge an existing investment or currency exposure or to exploit an investment opportunity.
44GF Score

Get the complete analysis for LSE:SAIN

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

£5.46
Price
£1.27
GF Value