BlackRock Throgmorton Trust (LSE:THRG) Cyclically Adjusted PS Ratio: 11.27 (As of Jul. 12, 2026) — Near Median


LSE:THRG BlackRock Throgmorton Trust PLC LSE:THRG
21 GF Score
Price £5.52
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What is BlackRock Throgmorton Trust Cyclically Adjusted PS Ratio?

BlackRock Throgmorton Trust LSE:THRG 21 Cyclically Adjusted PS Ratio is 11.27 as of Jul. 12, 2026, which is 5% above its 10-year median of 10.75. GuruFocus rates LSE:THRG with a GF Score™ of 21/100.

As of today (2026-07-12), BlackRock Throgmorton Trust's current share price is £5.52. BlackRock Throgmorton Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov25 was £0.49. BlackRock Throgmorton Trust's Cyclically Adjusted PS Ratio for today is 11.27.

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

LSE:THRG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.02   Med: 10.75   Max: 17.53
Current: 11.25

During the past 13 years, BlackRock Throgmorton Trust's highest Cyclically Adjusted PS Ratio was 17.53. The lowest was 6.02. And the median was 10.75.

LSE:THRG's Cyclically Adjusted PS Ratio is not ranked
in the Asset Management industry.
Industry Median: 7.61 vs LSE:THRG: 11.25

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.

BlackRock Throgmorton Trust's adjusted revenue per share data of for the fiscal year that ended in Nov25 was £-0.101. 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 £0.49 for the trailing ten years ended in Nov25.

Shiller PE for Stocks: The True Measure of Stock Valuation


BlackRock Throgmorton Trust  (LSE:THRG) 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.


BlackRock Throgmorton Trust Cyclically Adjusted PS Ratio Related Terms


BlackRock Throgmorton Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for BlackRock Throgmorton 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.

BlackRock Throgmorton Trust Cyclically Adjusted PS Ratio Chart

BlackRock Throgmorton 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 11.06 10.17 12.34 10.15 12.47

BlackRock Throgmorton 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 12.34 0.00 10.15 0.00 12.47

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

For the Asset Management subindustry, BlackRock Throgmorton 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.


BlackRock Throgmorton Trust Cyclically Adjusted PS Ratio vs Asset Management Industry

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

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


LSE:THRG
21GF Score
BlackRock Throgmorton Trust PLC LSE:THRG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackRock Throgmorton 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.

BlackRock Throgmorton Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.52/0.49
=11.27

* 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.

BlackRock Throgmorton Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov25 is calculated as:

For example, BlackRock Throgmorton 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)
=-0.101/139.4000*139.4000
=-0.101

Current CPI (Nov25) = 139.4000.

BlackRock Throgmorton Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201611 0.284 101.800 0.389
201711 1.393 104.700 1.855
201811 -0.133 106.900 -0.173
201911 1.259 108.500 1.618
202011 0.631 109.100 0.806
202111 2.383 114.100 2.911
202211 -2.883 124.800 -3.220
202311 -0.150 130.000 -0.161
202411 0.950 134.600 0.984
202511 -0.101 139.400 -0.101

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 11.27 mean?
BlackRock Throgmorton Trust (LSE:THRG) has a Cyclically Adjusted PS Ratio of 11.27 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 BlackRock Throgmorton Trust and its competitors. This is near median its historical median of 10.75. Over the past decade, BlackRock Throgmorton Trust's Cyclically Adjusted PS Ratio has ranged from 6.02 to 17.53.
Is BlackRock Throgmorton Trust's Cyclically Adjusted PS Ratio too high?
BlackRock Throgmorton Trust's current Cyclically Adjusted PS Ratio of 11.27 is near median its 10-year median of 10.75. Over the past 10 years, this metric has ranged from a low of 6.02 to a high of 17.53. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.61. BlackRock Throgmorton Trust's value of 11.27 is 48.1% above this industry median. Overall, BlackRock Throgmorton Trust has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock Throgmorton Trust's Cyclically Adjusted PS Ratio compare to BLK and BX?
BlackRock Throgmorton Trust's Cyclically Adjusted PS Ratio of 11.27 can be compared against companies in the Asset Management industry. The industry median Cyclically Adjusted PS Ratio is 7.61. BlackRock Throgmorton Trust's value of 11.27 is 48.1% above this benchmark. Historically, BlackRock Throgmorton Trust's own Cyclically Adjusted PS Ratio has ranged from 6.02 to 17.53 over the past decade. While the company's 10-year median is 10.75 vs. the industry median of 7.61, BlackRock Throgmorton 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. BlackRock Throgmorton Trust's current Cyclically Adjusted PS Ratio of 11.27 is 48.1% 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 BlackRock Throgmorton 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. BlackRock Throgmorton Trust's current Cyclically Adjusted PS Ratio is 11.27, which is near median its own 10-year median of 10.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock Throgmorton Trust stock overvalued right now?
BlackRock Throgmorton Trust (LSE:THRG) has a current Cyclically Adjusted PS Ratio of 11.27. The current Cyclically Adjusted PS Ratio is 11.27, which is near median its 10-year median of 10.75 and 48.1% above the Asset Management industry median of 7.61. BlackRock Throgmorton Trust's overall GF Score™ is 21/100. 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 BlackRock Throgmorton Trust (LSE:THRG), the current Cyclically Adjusted PS Ratio is 11.27 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.

BlackRock Throgmorton Trust Business Description

Address 12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock Throgmorton Trust PLC is an investment trust. Its objective is to provide shareholders with long-term capital growth and an attractive total return through investment predominantly in UK smaller and mid-capitalisation companies traded on the London Stock Exchange. The company's portfolio of investments consists of securities of companies from Industrials, Consumer Discretionary, Financials, Technology, Basic Materials, and other sectors.
21GF Score

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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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