STEW (SRH Total Return Fund,) Cyclically Adjusted PS Ratio: 22.46 (As of Sep. 16, 2026)

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STEW SRH Total Return Fund, Inc. STEW
56 GF Score
Price $18.26
GF Value $21.73
Valuation Modestly Undervalued
! 4 Warning Signs
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What is SRH Total Return Fund, Cyclically Adjusted PS Ratio?

SRH Total Return Fund, STEW -0.05% 56 Cyclically Adjusted PS Ratio is 22.46 as of Sep. 16, 2026. GuruFocus rates STEW with a GF Score™ of 56/100 and a GF Value™ of $21.73 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 919 Asset Management companies, SRH Total Return Fund, ranks worse than 108813.82% on this metric.

SRH Total Return Fund, 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


SRH Total Return Fund,  (NYSE:STEW) 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.


SRH Total Return Fund, Cyclically Adjusted PS Ratio Related Terms


SRH Total Return Fund, Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SRH Total Return Fund,'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.

SRH Total Return Fund, Cyclically Adjusted PS Ratio Chart

SRH Total Return Fund, Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only 20.80 19.40 18.90 22.55 22.47

SRH Total Return Fund, Semi-Annual Data
May16 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 20.04 22.55 23.28 22.39 19.63

STEW vs TSLX, PDO, BST: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, SRH Total Return Fund,'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.


SRH Total Return Fund, Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, SRH Total Return Fund,'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where SRH Total Return Fund,'s Cyclically Adjusted PS Ratio falls into.


STEW
56GF Score
SRH Total Return Fund, Inc. STEW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SRH Total Return Fund, 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.

SRH Total Return Fund, 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.

What does a Cyclically Adjusted PS Ratio of 22.46 mean?
SRH Total Return Fund, (STEW) has a Cyclically Adjusted PS Ratio of 22.46 as of Sep. 16, 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 SRH Total Return Fund, and its competitors. According to the industry distribution chart, SRH Total Return Fund, ranks #999999 out of 919 companies in the Asset Management industry.
Is SRH Total Return Fund,'s Cyclically Adjusted PS Ratio too high?
SRH Total Return Fund,'s current Cyclically Adjusted PS Ratio is 22.46. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.74. SRH Total Return Fund,'s value of 22.46 is 190.2% above this industry median. Based on the distribution chart, SRH Total Return Fund, ranks #999999 out of 919 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, SRH Total Return Fund, has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SRH Total Return Fund,'s Cyclically Adjusted PS Ratio compare to TSLX and PDO?
According to the Asset Management industry distribution chart, SRH Total Return Fund, ranks #999999 out of 919 companies for Cyclically Adjusted PS Ratio. This places SRH Total Return Fund, in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.74. SRH Total Return Fund,'s value of 22.46 is 190.2% above this benchmark. 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 7.74, based on 919 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. SRH Total Return Fund,'s current Cyclically Adjusted PS Ratio of 22.46 is 190.2% 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 SRH Total Return Fund, and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SRH Total Return Fund,'s current Cyclically Adjusted PS Ratio is 22.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SRH Total Return Fund, stock overvalued right now?
Based on GuruFocus' analysis, SRH Total Return Fund, (STEW) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.73, compared to a current price of $18.26 — trading 16% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 22.46 and 190.2% above the Asset Management industry median of 7.74. SRH Total Return Fund,'s overall GF Score™ is 56/100 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 SRH Total Return Fund, (STEW), the current Cyclically Adjusted PS Ratio is 22.46 as of Sep. 16, 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.

Is SRH Total Return Fund, (STEW) Overvalued in 2026?

Based on GuruFocus' analysis, SRH Total Return Fund, stock appears to be undervalued. The current stock price of $18.26 is trading 16% below its estimated GF Value™ of $21.73. GuruFocus considers SRH Total Return Fund, to be Modestly Undervalued.

Key valuation signals for STEW:

  • Cyclically Adjusted PS Ratio: 22.46
  • GF Value™: $21.73 vs. price of $18.26 (16% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 190.2% above the Asset Management median (#999999 of 919)

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


SRH Total Return Fund, Business Description

Address 1700 Broadway, Suite 2100, Denver, CO, USA, 80290
SRH Total Return Fund, Inc. is a non-diversified closed-end management investment company. The company's investment objective is to seek total returns. Its fund utilizes a bottom-up, value-driven investment process to identify securities of good quality businesses trading below estimated intrinsic value. The Funds are available as an actively-managed closed-end fund, an actively managed ETF and a passively-managed ETF.
56GF Score

Get the complete analysis for STEW

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

$18.26
Price
$21.73
GF Value