Utilico Emerging Markets Trust (LSE:UEM) Cyclically Adjusted PS Ratio: 10.85 (As of Jul. 26, 2026) — Near Median

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LSE:UEM Utilico Emerging Markets Trust PLC LSE:UEM
40 GF Score
Price £2.82
! 2 Warning Signs
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What is Utilico Emerging Markets Trust Cyclically Adjusted PS Ratio?

Utilico Emerging Markets Trust LSE:UEM -1.05% 40 Cyclically Adjusted PS Ratio is 10.85 as of Jul. 26, 2026, which is 8% below its 10-year median of 11.77. GuruFocus rates LSE:UEM with a GF Score™ of 40/100. The stock has 2 warning signs investors should review. Among 906 Asset Management companies, Utilico Emerging Markets Trust ranks worse than 64.79% on this metric.

As of today (2026-07-26), Utilico Emerging Markets Trust's current share price is £2.82. Utilico Emerging Markets Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was £0.26. Utilico Emerging Markets Trust's Cyclically Adjusted PS Ratio for today is 10.85.

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

LSE:UEM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.42   Med: 11.77   Max: 15.58
Current: 10.76

During the past 13 years, Utilico Emerging Markets Trust's highest Cyclically Adjusted PS Ratio was 15.58. The lowest was 8.42. And the median was 11.77.

LSE:UEM's Cyclically Adjusted PS Ratio is ranked worse than
64.79% of 906 companies
in the Asset Management industry
Industry Median: 7.675 vs LSE:UEM: 10.76

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.

Utilico Emerging Markets Trust's adjusted revenue per share data of for the fiscal year that ended in Mar26 was £0.670. 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 £0.26 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Utilico Emerging Markets Trust  (LSE:UEM) 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.


Utilico Emerging Markets Trust Cyclically Adjusted PS Ratio Related Terms


Utilico Emerging Markets Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Utilico Emerging Markets 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.

Utilico Emerging Markets Trust Cyclically Adjusted PS Ratio Chart

Utilico Emerging Markets Trust 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 11.05 12.60 9.84 11.51 10.34

Utilico Emerging Markets Trust Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 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 9.84 0.00 11.51 0.00 10.34

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

For the Asset Management subindustry, Utilico Emerging Markets 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.


Utilico Emerging Markets Trust Cyclically Adjusted PS Ratio vs Asset Management Industry

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

* The bar in red indicates where Utilico Emerging Markets Trust's Cyclically Adjusted PS Ratio falls into.


LSE:UEM
40GF Score
Utilico Emerging Markets Trust PLC LSE:UEM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Utilico Emerging Markets 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.

Utilico Emerging Markets Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.82/0.26
=10.85

* 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.

Utilico Emerging Markets Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Utilico Emerging Markets Trust'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)
=0.67/140.8000*140.8000
=0.670

Current CPI (Mar26) = 140.8000.

Utilico Emerging Markets Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 0.544 102.700 0.746
201803 0.165 105.100 0.221
201903 0.000 107.000 0.000
202003 -0.575 108.600 -0.745
202103 0.561 109.700 0.720
202203 0.348 116.500 0.421
202303 0.044 126.800 0.049
202403 0.322 131.600 0.345
202503 -0.064 136.100 -0.066
202603 0.670 140.800 0.670

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 10.85 mean?
Utilico Emerging Markets Trust (LSE:UEM) has a Cyclically Adjusted PS Ratio of 10.85 as of Jul. 26, 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 Utilico Emerging Markets Trust and its competitors. This is near median its historical median of 11.77. Over the past decade, Utilico Emerging Markets Trust's Cyclically Adjusted PS Ratio has ranged from 8.42 to 15.58. According to the industry distribution chart, Utilico Emerging Markets Trust ranks #587 out of 906 companies in the Asset Management industry, placing it in the top 64.8%.
Is Utilico Emerging Markets Trust's Cyclically Adjusted PS Ratio too high?
Utilico Emerging Markets Trust's current Cyclically Adjusted PS Ratio of 10.85 is near median its 10-year median of 11.77. Over the past 10 years, this metric has ranged from a low of 8.42 to a high of 15.58. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.68. Utilico Emerging Markets Trust's value of 10.85 is 41.4% above this industry median. Based on the distribution chart, Utilico Emerging Markets Trust ranks #587 out of 906 companies in the Asset Management industry, which is below the industry midpoint. Overall, Utilico Emerging Markets Trust has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Utilico Emerging Markets Trust's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Utilico Emerging Markets Trust ranks #587 out of 906 companies for Cyclically Adjusted PS Ratio. This places Utilico Emerging Markets Trust in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.68. Utilico Emerging Markets Trust's value of 10.85 is 41.4% above this benchmark. Historically, Utilico Emerging Markets Trust's own Cyclically Adjusted PS Ratio has ranged from 8.42 to 15.58 over the past decade. While the company's 10-year median is 11.77 vs. the industry median of 7.68, Utilico Emerging Markets 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 7.68, 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. Utilico Emerging Markets Trust's current Cyclically Adjusted PS Ratio of 10.85 is 41.4% 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 Utilico Emerging Markets Trust and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Utilico Emerging Markets Trust's current Cyclically Adjusted PS Ratio is 10.85, which is near median its own 10-year median of 11.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Utilico Emerging Markets Trust stock overvalued right now?
Utilico Emerging Markets Trust (LSE:UEM) has a current Cyclically Adjusted PS Ratio of 10.85. The current Cyclically Adjusted PS Ratio is 10.85, which is near median its 10-year median of 11.77 and 41.4% above the Asset Management industry median of 7.68. Utilico Emerging Markets Trust's overall GF Score™ is 40/100 with 2 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 Utilico Emerging Markets Trust (LSE:UEM), the current Cyclically Adjusted PS Ratio is 10.85 as of Jul. 26, 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.

Utilico Emerging Markets Trust Business Description

Address The Cottage, The Ridge, Ridge Court, Epsom, Surrey, GBR, KT18 7EP
Utilico Emerging Markets Trust PLC is a closed-end fund focusing on infrastructure and utilities in emerging markets, where structural growth drivers are accelerated by infrastructure megatrends. Its investment objective is to provide long-term total return by investing predominantly in infrastructure, utility, and related sectors, in emerging markets. It offers a diverse portfolio of high conviction, bottom-up investments in infrastructure and utilities, providing exposure to infrastructure megatrends in emerging markets. Its geographic exposure includes Brazil, the Philippines, Emerging Europe (including UK), China (including Hong Kong), India, Chile, Vietnam, Colombia, Africa, Other Latam, Other Asia Pacific, South Korea, and the Middle East.
40GF 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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