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Sprott Physical Platinum & Palladium TrTSX:SPPP +0.53%16 Cyclically Adjusted PS Ratio is 16.99 as of Aug. 29, 2026, which is 41% below its 10-year median of 28.69. GuruFocus rates TSX:SPPP with a GF Score™ of 16/100. The stock has 6 warning signs investors should review. Among 915 Asset Management companies, Sprott Physical Platinum & Palladium Tr ranks worse than 83.17% on this metric.
TSX:SPPP'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 10.53 Med: 28.69 Max: 69.25
Current: 16.71
During the past years, Sprott Physical Platinum & Palladium Tr's highest Cyclically Adjusted PS Ratio was 69.25. The lowest was 10.53. And the median was 28.69.
TSX:SPPP's Cyclically Adjusted PS Ratio is ranked worse than 83.17% of 915
companies
in the Asset Management industry
Industry Median: 7.9
vs TSX:SPPP: 16.71
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.
Sprott Physical Platinum & Palladium Tr's adjusted revenue per share data for the three months ended in Jun. 2026 was C$-4.528. 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 C$1.22 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
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.
Sprott Physical Platinum & Palladium Tr Cyclically Adjusted PS Ratio Related Terms
Sprott Physical Platinum & Palladium Tr Cyclically Adjusted PS Ratio Historical Data
* 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.
TSX:SPPP vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison
For the Asset Management subindustry, Sprott Physical Platinum & Palladium Tr'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.
Sprott Physical Platinum & Palladium Tr Cyclically Adjusted PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted PS Ratio falls into.
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.
* 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.
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 16.99 mean?
Sprott Physical Platinum & Palladium Tr (TSX:SPPP) has a Cyclically Adjusted PS Ratio of 16.99 as of Aug. 29, 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 Sprott Physical Platinum & Palladium Tr and its competitors. This is 41% below median its historical median of 28.69. Over the past decade, Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted PS Ratio has ranged from 10.53 to 69.25. According to the industry distribution chart, Sprott Physical Platinum & Palladium Tr ranks #761 out of 915 companies in the Asset Management industry, placing it in the top 83.2%.
Is Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted PS Ratio too high?
Sprott Physical Platinum & Palladium Tr's current Cyclically Adjusted PS Ratio of 16.99 is 41% below median its 10-year median of 28.69. Over the past 10 years, this metric has ranged from a low of 10.53 to a high of 69.25. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.90. Sprott Physical Platinum & Palladium Tr's value of 16.99 is 115.1% above this industry median. Based on the distribution chart, Sprott Physical Platinum & Palladium Tr ranks #761 out of 915 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Sprott Physical Platinum & Palladium Tr has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Sprott Physical Platinum & Palladium Tr ranks #761 out of 915 companies for Cyclically Adjusted PS Ratio. This places Sprott Physical Platinum & Palladium Tr in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.90. Sprott Physical Platinum & Palladium Tr's value of 16.99 is 115.1% above this benchmark. Historically, Sprott Physical Platinum & Palladium Tr's own Cyclically Adjusted PS Ratio has ranged from 10.53 to 69.25 over the past decade. While the company's 10-year median is 28.69 vs. the industry median of 7.90, Sprott Physical Platinum & Palladium Tr 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 7.90, based on 915 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. Sprott Physical Platinum & Palladium Tr's current Cyclically Adjusted PS Ratio of 16.99 is 115.1% 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 Sprott Physical Platinum & Palladium Tr and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sprott Physical Platinum & Palladium Tr's current Cyclically Adjusted PS Ratio is 16.99, which is 41% below median its own 10-year median of 28.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sprott Physical Platinum & Palladium Tr stock overvalued right now?
Sprott Physical Platinum & Palladium Tr (TSX:SPPP) has a current Cyclically Adjusted PS Ratio of 16.99. The current Cyclically Adjusted PS Ratio is 16.99, which is 41% below median its 10-year median of 28.69 and 115.1% above the Asset Management industry median of 7.90. Sprott Physical Platinum & Palladium Tr's overall GF Score™ is 16/100 with 6 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 Sprott Physical Platinum & Palladium Tr (TSX:SPPP), the current Cyclically Adjusted PS Ratio is 16.99 as of Aug. 29, 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.
Sprott Physical Platinum & Palladium Tr invests and holds all of its assets in physical platinum and palladium bullion. The company seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical platinum and palladium bullion without the inconvenience that is typical of a direct investment in physical bullion. The Trust invests mainly in long-term holdings of unencumbered, fully allocated, physical platinum and palladium bullion.
16GF Score
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