RMT (Royce Micro-Cap Trust) Cyclically Adjusted PS Ratio: (As of Jul. 15, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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RMT Royce Micro-Cap Trust Inc RMT
52 GF Score
Price $13.97
GF Value $10.44
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Royce Micro-Cap Trust Cyclically Adjusted PS Ratio?

Royce Micro-Cap Trust does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Royce Micro-Cap Trust  (NYSE:RMT) 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.


Royce Micro-Cap Trust Cyclically Adjusted PS Ratio Related Terms


Royce Micro-Cap Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Royce Micro-Cap 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.

Royce Micro-Cap Trust Cyclically Adjusted PS Ratio Chart

Royce Micro-Cap Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Royce Micro-Cap Trust Semi-Annual Data
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 0.00 0.00 0.00 0.00 0.00

RMT vs GGN, CGBD, GCMG: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Royce Micro-Cap 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.


Royce Micro-Cap Trust Cyclically Adjusted PS Ratio vs Asset Management Industry

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

* The bar in red indicates where Royce Micro-Cap Trust's Cyclically Adjusted PS Ratio falls into.


RMT
52GF Score
Royce Micro-Cap Trust Inc RMT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Royce Micro-Cap 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.

Royce Micro-Cap Trust does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Is Royce Micro-Cap Trust (RMT) Overvalued in 2026?

Based on GuruFocus' analysis, Royce Micro-Cap Trust stock appears to be overvalued. The current stock price of $13.97 is trading 33.8% above its estimated GF Value™ of $10.44. GuruFocus considers Royce Micro-Cap Trust to be Significantly Overvalued.

Key valuation signals for RMT:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $10.44 vs. price of $13.97 (33.8% above fair value)
  • GF Score™: 52/100 with 8 warning signs

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


Royce Micro-Cap Trust Business Description

Address One Madison Avenue, New York, NY, USA, 10010
Royce Micro-Cap Trust Inc is a diversified closed-end investment company. The company is engaged in investing in micro-cap securities. It invests in the consumer discretionary sector, including diversified consumer services, hotels, household durables, leisure products, and luxury goods. Consumer staples sector, including beverages, food, and staples retailing, food products, and personal products, Energy sector, including energy equipment and services, and oil, gas, and consumable fuels. The company also invests in other sectors, including healthcare, financials, industrials, IT, telecommunications, and materials.
52GF Score

Get the complete analysis for RMT

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

$13.97
Price
$10.44
GF Value