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Oxford Lane Capital (Oxford Lane Capital) Shiller PE Ratio : 10.63 (As of Apr. 29, 2024)


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What is Oxford Lane Capital Shiller PE Ratio?

As of today (2024-04-29), Oxford Lane Capital's current share price is $4.995. Oxford Lane Capital's E10 for the fiscal year that ended in Mar23 was $0.47. Oxford Lane Capital's Shiller PE Ratio for today is 10.63.

The historical rank and industry rank for Oxford Lane Capital's Shiller PE Ratio or its related term are showing as below:

OXLC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.49   Med: 10.81   Max: 12.02
Current: 10.63

During the past 10 years, Oxford Lane Capital's highest Shiller PE Ratio was 12.02. The lowest was 9.49. And the median was 10.81.

OXLC's Shiller PE Ratio is ranked better than
66.14% of 762 companies
in the Asset Management industry
Industry Median: 12.785 vs OXLC: 10.63

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.

Oxford Lane Capital's adjusted earnings per share data of for the fiscal year that ended in Mar23 was $-1.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.47 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oxford Lane Capital Shiller PE Ratio Historical Data

The historical data trend for Oxford Lane Capital'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.

Oxford Lane Capital Shiller PE Ratio Chart

Oxford Lane Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 11.03

Oxford Lane Capital Semi-Annual Data
Mar14 Mar15 Sep15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - 11.03 -

Competitive Comparison of Oxford Lane Capital's Shiller PE Ratio

For the Asset Management subindustry, Oxford Lane Capital'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.


Oxford Lane Capital's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Oxford Lane Capital's Shiller PE Ratio falls into.



Oxford Lane Capital 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.

Oxford Lane Capital's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.995/0.47
=10.63

* 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.

Oxford Lane Capital's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Oxford Lane Capital's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=-1.14/127.3478*127.3478
=-1.140

Current CPI (Mar23) = 127.3478.

Oxford Lane Capital Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 2.800 99.695 3.577
201503 0.230 99.621 0.294
201603 -4.640 100.470 -5.881
201703 5.410 102.862 6.698
201803 1.490 105.290 1.802
201903 -0.510 107.251 -0.606
202003 -4.140 108.902 -4.841
202103 3.140 111.754 3.578
202203 1.200 121.301 1.260
202303 -1.140 127.348 -1.140

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.


Oxford Lane Capital  (NAS:OXLC) 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.


Oxford Lane Capital Shiller PE Ratio Related Terms

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


Oxford Lane Capital (Oxford Lane Capital) Business Description

Traded in Other Exchanges
Address
8 Sound Shore Drive, Suite 255, Greenwich, CT, USA, 06830
Oxford Lane Capital Corp is a non-diversified closed-end management investment company. The fund's investment objective is to maximize its portfolio's risk-adjusted total return over its investment horizon. Its current focus is to seek that return by investing in equity and junior tranches of CLO(collateralized loan obligation) vehicles, which are collateralized primarily by a diverse portfolio of senior loans, and which generally have little to no exposure to real estate loans, mortgage loans or pools of consumer-based debt, such as credit card receivables or auto loans. Its investment strategy also includes investing in warehouse facilities, which are financing structures intended to aggregate senior loans that may be used to form the basis of a CLO vehicle.
Executives
Mark Jeffrey Ashenfelter director C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Wilton Reassurance Co 10 percent owner 20 GLOVER AVENUE, NORWALK CT 06850
Eagle Point Credit Management Llc 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Thomas P. Majewski 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Eagle Point Dif Gp I Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Credit Gp I Lp 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Saul B Rosenthal director, officer: President 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
John Stuart Reardon director C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
David S. Shin director C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Bruce L. Rubin officer: CFO, SEC, TREAS TICC CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Gerald Cummins officer: Chief Compliance Officer C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Leroy Scott Frantz 10 percent owner C/O HAEBLER CAPITAL, 8 SOUND SHORE DRIVE, GREENWICH CT 06830
Patrick Conroy officer: CFO, CCO and Secretary 8 SOUND SHORE DRIVE STE 215, GREENWICH CT 06830
Jonathan H Cohen director, officer: Chief Executive Officer 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
Charles M Royce 10 percent owner C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151

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