Brunner Investment Trust (The) (LSE:BUT) Shiller PE Ratio: (As of Sep. 21, 2026)

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LSE:BUT Brunner Investment Trust (The) PLC LSE:BUT
61 GF Score
Price £15.50
GF Value £29.37
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Brunner Investment Trust (The) Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Brunner Investment Trust (The)  (LSE:BUT) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Brunner Investment Trust (The) Shiller PE Ratio Related Terms


Brunner Investment Trust (The) Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Brunner Investment Trust (The)'s Shiller PE 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.

Brunner Investment Trust (The) Shiller PE Ratio Chart

Brunner Investment Trust (The) Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.12 10.71 11.33 12.73 10.74

Brunner Investment Trust (The) Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
Shiller PE 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 12.15 12.64 12.92 10.68 10.73

LSE:BUT vs BLK, BX, KKR: Shiller PE Ratio Comparison

For the Asset Management subindustry, Brunner Investment Trust (The)'s Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Brunner Investment Trust (The) Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Brunner Investment Trust (The)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Brunner Investment Trust (The)'s Shiller PE Ratio falls into.


LSE:BUT
61GF Score
Brunner Investment Trust (The) PLC LSE:BUT
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brunner Investment Trust (The) Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Brunner Investment Trust (The)'s E10 for the fiscal year that ended in Nov25 is calculated as:

For example, Brunner Investment Trust (The)'s adjusted earnings per share data for the fiscal year that ended in Nov25 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Nov25 (Change)*Current CPI (Nov25)
=1.2847/139.4000*139.4000
=1.285

Current CPI (Nov25) = 139.4000.

Brunner Investment Trust (The) Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201611 1.216 101.800 1.665
201711 1.349 104.700 1.795
201811 -0.005 106.900 -0.007
201911 1.213 108.500 1.558
202011 0.629 109.100 0.804
202111 2.083 114.100 2.545
202211 0.085 124.800 0.095
202311 0.952 130.000 1.021
202411 2.249 134.600 2.330
202511 1.285 139.400 1.285

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Is Brunner Investment Trust (The) (LSE:BUT) Overvalued in 2026?

Based on GuruFocus' analysis, Brunner Investment Trust (The) stock appears to be undervalued. The current stock price of £15.50 is trading 47.2% below its estimated GF Value™ of £29.37. GuruFocus considers Brunner Investment Trust (The) to be Significantly Undervalued.

Key valuation signals for LSE:BUT:

  • Shiller PE Ratio:
  • GF Value™: £29.37 vs. price of £15.50 (47.2% below fair value)
  • GF Score™: 61/100 with 5 warning signs

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


Brunner Investment Trust (The) Business Description

Address 199 Bishopsgate, London, GBR, EC2M 3TY
Brunner Investment Trust (The) PLC is a United Kingdom-based investment trust. It aims to provide growth in capital value and dividends over the long term by investing in UK securities and international securities. The benchmark against which performance is measured is 70% FTSE World ex-UK Index and 30% FTSE All-Share Index. Its portfolio consists of securities from Industrials, Financials, Communication Services, Utilities, Health Care, Energy, and other industries.
61GF Score

Get the complete analysis for LSE:BUT

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

£15.50
Price
£29.37
GF Value