Bankers Investment Trust (NZSE:BIT) Cyclically Adjusted PS Ratio: 12.30 (As of Aug. 01, 2026) — Near Median

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NZSE:BIT Bankers Investment Trust PLC NZSE:BIT
35 GF Score
Price NZ$3.32
! 4 Warning Signs
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What is Bankers Investment Trust Cyclically Adjusted PS Ratio?

Bankers Investment Trust NZSE:BIT 35 Cyclically Adjusted PS Ratio is 12.30 as of Aug. 01, 2026, which is 3% above its 10-year median of 11.95. GuruFocus rates NZSE:BIT with a GF Score™ of 35/100. The stock has 4 warning signs investors should review. Among 907 Asset Management companies, Bankers Investment Trust ranks worse than 70.56% on this metric.

As of today (2026-08-01), Bankers Investment Trust's current share price is NZ$3.32. Bankers Investment Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct25 was NZ$0.27. Bankers Investment Trust's Cyclically Adjusted PS Ratio for today is 12.30.

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

NZSE:BIT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.4   Med: 11.95   Max: 17.28
Current: 11.9

During the past 13 years, Bankers Investment Trust's highest Cyclically Adjusted PS Ratio was 17.28. The lowest was 9.40. And the median was 11.95.

NZSE:BIT's Cyclically Adjusted PS Ratio is ranked worse than
70.56% of 907 companies
in the Asset Management industry
Industry Median: 7.57 vs NZSE:BIT: 11.90

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.

Bankers Investment Trust's adjusted revenue per share data of for the fiscal year that ended in Oct25 was NZ$0.480. 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 NZ$0.27 for the trailing ten years ended in Oct25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bankers Investment Trust  (NZSE:BIT) 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.


Bankers Investment Trust Cyclically Adjusted PS Ratio Related Terms


Bankers Investment Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bankers Investment 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.

Bankers Investment Trust Cyclically Adjusted PS Ratio Chart

Bankers Investment Trust Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.08 10.28 10.76 10.47 10.77

Bankers Investment Trust Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 10.47 0.00 10.77 0.00

NZSE:BIT vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Bankers Investment 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.


Bankers Investment Trust Cyclically Adjusted PS Ratio vs Asset Management Industry

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

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


NZSE:BIT
35GF Score
Bankers Investment Trust PLC NZSE:BIT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bankers Investment 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.

Bankers Investment Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.32/0.27
=12.30

* 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.

Bankers Investment Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Oct25 is calculated as:

For example, Bankers Investment Trust's adjusted Revenue per Share data for the fiscal year that ended in Oct25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Oct25 (Change)*Current CPI (Oct25)
=0.48/139.5000*139.5000
=0.480

Current CPI (Oct25) = 139.5000.

Bankers Investment Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201610 0.253 101.600 0.347
201710 0.269 104.400 0.359
201810 0.017 106.700 0.022
201910 0.211 108.300 0.272
202010 0.096 109.200 0.123
202110 0.496 113.400 0.610
202210 -0.265 124.300 -0.297
202310 0.111 130.200 0.119
202410 0.423 134.300 0.439
202510 0.480 139.500 0.480

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 12.30 mean?
Bankers Investment Trust (NZSE:BIT) has a Cyclically Adjusted PS Ratio of 12.30 as of Aug. 01, 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 Bankers Investment Trust and its competitors. This is near median its historical median of 11.95. Over the past decade, Bankers Investment Trust's Cyclically Adjusted PS Ratio has ranged from 9.40 to 17.28. According to the industry distribution chart, Bankers Investment Trust ranks #640 out of 907 companies in the Asset Management industry, placing it in the top 70.6%.
Is Bankers Investment Trust's Cyclically Adjusted PS Ratio too high?
Bankers Investment Trust's current Cyclically Adjusted PS Ratio of 12.30 is near median its 10-year median of 11.95. Over the past 10 years, this metric has ranged from a low of 9.40 to a high of 17.28. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.57. Bankers Investment Trust's value of 12.30 is 62.5% above this industry median. Based on the distribution chart, Bankers Investment Trust ranks #640 out of 907 companies in the Asset Management industry, which is below the industry midpoint. Overall, Bankers Investment Trust has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Bankers Investment Trust's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Bankers Investment Trust ranks #640 out of 907 companies for Cyclically Adjusted PS Ratio. This places Bankers Investment Trust in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.57. Bankers Investment Trust's value of 12.30 is 62.5% above this benchmark. Historically, Bankers Investment Trust's own Cyclically Adjusted PS Ratio has ranged from 9.40 to 17.28 over the past decade. While the company's 10-year median is 11.95 vs. the industry median of 7.57, Bankers Investment 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 7.57, based on 907 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. Bankers Investment Trust's current Cyclically Adjusted PS Ratio of 12.30 is 62.5% 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 Bankers Investment Trust and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bankers Investment Trust's current Cyclically Adjusted PS Ratio is 12.30, which is near median its own 10-year median of 11.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bankers Investment Trust stock overvalued right now?
Bankers Investment Trust (NZSE:BIT) has a current Cyclically Adjusted PS Ratio of 12.30. The current Cyclically Adjusted PS Ratio is 12.30, which is near median its 10-year median of 11.95 and 62.5% above the Asset Management industry median of 7.57. Bankers Investment Trust's overall GF Score™ is 35/100 with 4 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 Bankers Investment Trust (NZSE:BIT), the current Cyclically Adjusted PS Ratio is 12.30 as of Aug. 01, 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.

Bankers Investment Trust Business Description

Other Exchanges BNKR:UK
Address 201 Bishopsgate, London, GBR, EC2M 3AE
Bankers Investment Trust PLC is a UK-based investment trust company. The company's investment objective is to achieve capital growth in excess of the FTSE World Index and annual dividend growth greater than inflation, as defined by the UK Retail Prices Index. Its investments include Equities, Debt securities, cash investments, investment trusts, collective funds, and derivatives. Its geographical segments are the United Kingdom and Pan Europe, North America, Japan, and Pan Asia. it generate maximum Revenue from Bank Interest.
35GF 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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