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MidCap Financial Investment (MidCap Financial Investment) Shiller PE Ratio : 18.83 (As of Apr. 25, 2024)


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What is MidCap Financial Investment Shiller PE Ratio?

As of today (2024-04-25), MidCap Financial Investment's current share price is $15.25. MidCap Financial Investment's E10 for the quarter that ended in Dec. 2023 was $0.81. MidCap Financial Investment's Shiller PE Ratio for today is 18.83.

The historical rank and industry rank for MidCap Financial Investment's Shiller PE Ratio or its related term are showing as below:

MFIC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.46   Med: 12.53   Max: 160.75
Current: 18.77

During the past years, MidCap Financial Investment's highest Shiller PE Ratio was 160.75. The lowest was 6.46. And the median was 12.53.

MFIC's Shiller PE Ratio is ranked worse than
75.33% of 758 companies
in the Asset Management industry
Industry Median: 12.63 vs MFIC: 18.77

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

MidCap Financial Investment's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MidCap Financial Investment Shiller PE Ratio Historical Data

The historical data trend for MidCap Financial Investment'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.

* Premium members only.

MidCap Financial Investment Shiller PE Ratio Chart

MidCap Financial Investment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.42 8.00 19.20 12.45 16.84

MidCap Financial Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.72 11.37 12.34 14.59 16.84

Competitive Comparison of MidCap Financial Investment's Shiller PE Ratio

For the Asset Management subindustry, MidCap Financial Investment'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.


MidCap Financial Investment's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MidCap Financial Investment's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where MidCap Financial Investment's Shiller PE Ratio falls into.



MidCap Financial Investment 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.

MidCap Financial Investment's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=15.25/0.81
=18.83

* 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.

MidCap Financial Investment's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, MidCap Financial Investment's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.51/129.4194*129.4194
=0.510

Current CPI (Dec. 2023) = 129.4194.

MidCap Financial Investment Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.900 99.695 1.168
201406 0.810 100.560 1.042
201409 0.540 100.428 0.696
201412 -0.270 99.070 -0.353
201503 -0.149 99.621 -0.194
201506 0.090 100.684 0.116
201509 -0.030 100.392 -0.039
201512 -0.330 99.792 -0.428
201603 -0.310 100.470 -0.399
201606 -0.570 101.688 -0.725
201609 0.540 101.861 0.686
201612 0.150 101.863 0.191
201703 0.100 102.862 0.126
201706 0.390 103.349 0.488
201709 0.420 104.136 0.522
201712 0.080 104.011 0.100
201803 0.300 105.290 0.369
201806 0.180 106.317 0.219
201809 0.390 106.507 0.474
201812 -0.020 105.998 -0.024
201903 0.460 107.251 0.555
201906 0.350 108.070 0.419
201909 0.100 108.329 0.119
201912 0.004 108.420 0.005
202003 -2.220 108.902 -2.638
202006 0.050 108.767 0.059
202009 0.510 109.815 0.601
202012 0.510 109.897 0.601
202103 0.650 111.754 0.753
202106 0.490 114.631 0.553
202109 0.390 115.734 0.436
202112 0.320 117.630 0.352
202203 0.070 121.301 0.075
202206 0.090 125.017 0.093
202209 0.250 125.227 0.258
202212 0.020 125.222 0.021
202303 0.460 127.348 0.467
202306 0.390 128.729 0.392
202309 0.460 129.860 0.458
202312 0.510 129.419 0.510

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.


MidCap Financial Investment  (NAS:MFIC) 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.


MidCap Financial Investment Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of MidCap Financial Investment's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MidCap Financial Investment (MidCap Financial Investment) Business Description

Traded in Other Exchanges
Address
9 West 57th Street, 37th Floor, New York, NY, USA, 10019
MidCap Financial Investment Corp is an externally managed, publicly traded, Business Development Company, focused on providing senior debt solutions to middle market companies.
Executives
Ryan Delgiudice officer: Chief Compliance Officer 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Mcnulty Ted Aymond Jr. officer: President 9 WEST 57TH STREET, NEW YORK NY 10019
Tanner Powell officer: Chief Executive Officer C/O APOLLO INVESTMENT CORPORATION, 9 W. 57TH STREET, NEW YORK NY 10019
Emanuel R Pearlman director 250 EAST 79TH STREET, NEW YORK NY 10075
Whonder Carmencita N.m. director 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Howard Widra officer: President 9 WEST 57TH STREET, 37TH FLOOR, NEW YORK NY 10019
Kristin Hester officer: See Remarks 9 WEST 57TH STREET, NEW YORK NY 10019
John J Hannan director 9 WEST 57TH STREET, NEW YORK NY 10019
Barbara Ruth Matas director 9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55442
Elliot Jr Stein director C/ COMMONWEALTH CAPITAL PARTNERS, 444 MADISON AVE, NEW YORK NY 10022
Amit Joshi officer: Chief Accounting Officer APOLLO INVESTMENT CORP., 9 WEST 57TH STREET, NEW YORK NY 10019
Hilary E. Ackermann director 601 TRAVIS, SUITE 1400, HOUSTON TX 77002
Frank C Puleo director 7425 PURPLE SAGE, GLENWILD, PARK CITY UT 84098
James C Zelter director, officer: Chief Executive Officer APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, 14TH FLOOR, NEW YORK NY 10019
Gregory W. Hunt officer: CFO & TREASURER 730 5TH AVENUE, NEW YORK NY 10019

MidCap Financial Investment (MidCap Financial Investment) Headlines

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