VPC Specialty Lending Investments (LSE:VSL) Cyclically Adjusted PS Ratio: 3.74 (As of Jul. 15, 2026) — Near Median

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LSE:VSL VPC Specialty Lending Investments PLC LSE:VSL
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What is VPC Specialty Lending Investments Cyclically Adjusted PS Ratio?

VPC Specialty Lending Investments LSE:VSL 30 Cyclically Adjusted PS Ratio is 3.74 as of Jul. 15, 2026, which is 2% below its 10-year median of 3.81. GuruFocus rates LSE:VSL with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 902 Asset Management companies, VPC Specialty Lending Investments ranks better than 72.73% on this metric.

As of today (2026-07-15), VPC Specialty Lending Investments's current share price is £0.11225. VPC Specialty Lending Investments's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was £0.03. VPC Specialty Lending Investments's Cyclically Adjusted PS Ratio for today is 3.74.

The historical rank and industry rank for VPC Specialty Lending Investments's Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:VSL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.33   Med: 3.81   Max: 5.34
Current: 3.6

During the past 11 years, VPC Specialty Lending Investments's highest Cyclically Adjusted PS Ratio was 5.34. The lowest was 2.33. And the median was 3.81.

LSE:VSL's Cyclically Adjusted PS Ratio is ranked better than
72.73% of 902 companies
in the Asset Management industry
Industry Median: 7.66 vs LSE:VSL: 3.60

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.

VPC Specialty Lending Investments's adjusted revenue per share data of for the fiscal year that ended in Dec25 was £-0.113. 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 £0.03 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


VPC Specialty Lending Investments  (LSE:VSL) 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.


VPC Specialty Lending Investments Cyclically Adjusted PS Ratio Related Terms


VPC Specialty Lending Investments Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for VPC Specialty Lending Investments'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.

VPC Specialty Lending Investments Cyclically Adjusted PS Ratio Chart

VPC Specialty Lending Investments 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 0.00 0.00 0.00 5.05 4.99

VPC Specialty Lending Investments 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 0.00 0.00 5.05 0.00 4.99

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

For the Asset Management subindustry, VPC Specialty Lending Investments'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.


VPC Specialty Lending Investments Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, VPC Specialty Lending Investments's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where VPC Specialty Lending Investments's Cyclically Adjusted PS Ratio falls into.


LSE:VSL
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VPC Specialty Lending Investments PLC LSE:VSL
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VPC Specialty Lending Investments 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.

VPC Specialty Lending Investments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.11225/0.03
=3.74

* 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.

VPC Specialty Lending Investments's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, VPC Specialty Lending Investments'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)
=-0.113/139.9000*139.9000
=-0.113

Current CPI (Dec25) = 139.9000.

VPC Specialty Lending Investments Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.035 102.200 0.048
201712 0.032 105.000 0.043
201812 0.087 107.100 0.114
201912 0.084 108.500 0.108
202012 0.086 109.400 0.110
202112 0.274 114.700 0.334
202212 -0.071 125.300 -0.079
202312 -0.081 130.500 -0.087
202412 -0.161 135.100 -0.167
202512 -0.113 139.900 -0.113

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 3.74 mean?
VPC Specialty Lending Investments (LSE:VSL) has a Cyclically Adjusted PS Ratio of 3.74 as of Jul. 15, 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 VPC Specialty Lending Investments and its competitors. This is near median its historical median of 3.81. Over the past decade, VPC Specialty Lending Investments' Cyclically Adjusted PS Ratio has ranged from 2.33 to 5.34. According to the industry distribution chart, VPC Specialty Lending Investments ranks #246 out of 902 companies in the Asset Management industry, placing it in the top 27.3%.
Is VPC Specialty Lending Investments' Cyclically Adjusted PS Ratio too high?
VPC Specialty Lending Investments' current Cyclically Adjusted PS Ratio of 3.74 is near median its 10-year median of 3.81. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 5.34. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.66. VPC Specialty Lending Investments' value of 3.74 is 51.2% below this industry median. Based on the distribution chart, VPC Specialty Lending Investments ranks #246 out of 902 companies in the Asset Management industry, which is above the industry midpoint. Overall, VPC Specialty Lending Investments has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does VPC Specialty Lending Investments' Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, VPC Specialty Lending Investments ranks #246 out of 902 companies for Cyclically Adjusted PS Ratio. This puts VPC Specialty Lending Investments in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.66. VPC Specialty Lending Investments' value of 3.74 is 51.2% below this benchmark. Historically, VPC Specialty Lending Investments' own Cyclically Adjusted PS Ratio has ranged from 2.33 to 5.34 over the past decade. While the company's 10-year median is 3.81 vs. the industry median of 7.66, VPC Specialty Lending Investments has consistently been below 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 7.66, based on 902 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. VPC Specialty Lending Investments's current Cyclically Adjusted PS Ratio of 3.74 is 51.2% below 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 VPC Specialty Lending Investments and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VPC Specialty Lending Investments's current Cyclically Adjusted PS Ratio is 3.74, which is near median its own 10-year median of 3.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VPC Specialty Lending Investments stock overvalued right now?
VPC Specialty Lending Investments (LSE:VSL) has a current Cyclically Adjusted PS Ratio of 3.74. The current Cyclically Adjusted PS Ratio is 3.74, which is near median its 10-year median of 3.81 and 51.2% below the Asset Management industry median of 7.66. VPC Specialty Lending Investments' overall GF Score™ is 30/100 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 VPC Specialty Lending Investments (LSE:VSL), the current Cyclically Adjusted PS Ratio is 3.74 as of Jul. 15, 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.

VPC Specialty Lending Investments Business Description

Address 29 Wellington Street, Central Square, Leeds, GBR, LS1 4DU
VPC Specialty Lending Investments PLC is an investment trust based in the United Kingdom that invests in asset-backed lending to emerging and established businesses to build long-term, sustainable income generation. It focuses on providing capital to vital segments of the economy that are underserved by the traditional banking industry, including small businesses, working capital products, consumer finance, and real estate, among others. It is managed by Victory Park Capital Advisors, LLC. The company invests across several portfolio companies, asset classes, geographies, and credit bands to create a diversified portfolio.
30GF 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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