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Portman Ridge Finance (Portman Ridge Finance) Cyclically Adjusted PS Ratio : 8.24 (As of May. 23, 2024)


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What is Portman Ridge Finance Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Portman Ridge Finance's current share price is $19.52. Portman Ridge Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.37. Portman Ridge Finance's Cyclically Adjusted PS Ratio for today is 8.24.

The historical rank and industry rank for Portman Ridge Finance's Cyclically Adjusted PS Ratio or its related term are showing as below:

PTMN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.94   Med: 5.14   Max: 8.65
Current: 8.17

During the past years, Portman Ridge Finance's highest Cyclically Adjusted PS Ratio was 8.65. The lowest was 1.94. And the median was 5.14.

PTMN's Cyclically Adjusted PS Ratio is ranked worse than
52.48% of 867 companies
in the Asset Management industry
Industry Median: 7.66 vs PTMN: 8.17

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.

Portman Ridge Finance's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.626. 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 $2.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Portman Ridge Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Portman Ridge Finance'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.

* Premium members only.

Portman Ridge Finance Cyclically Adjusted PS Ratio Chart

Portman Ridge Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.49 4.18 5.40 7.14 7.27

Portman Ridge Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only 6.97 7.64 7.29 7.27 8.00

Competitive Comparison of Portman Ridge Finance's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Portman Ridge Finance'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.


Portman Ridge Finance's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Portman Ridge Finance's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Portman Ridge Finance's Cyclically Adjusted PS Ratio falls into.



Portman Ridge Finance 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.

Portman Ridge Finance's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.52/2.37
=8.24

* 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.

Portman Ridge Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Portman Ridge Finance's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.626/131.7762*131.7762
=0.626

Current CPI (Mar. 2024) = 131.7762.

Portman Ridge Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.660 100.560 4.796
201409 2.657 100.428 3.486
201412 -1.591 99.070 -2.116
201503 2.861 99.621 3.784
201506 0.971 100.684 1.271
201509 -3.691 100.392 -4.845
201512 -2.431 99.792 -3.210
201603 -1.259 100.470 -1.651
201606 1.422 101.688 1.843
201609 1.394 101.861 1.803
201612 0.522 101.863 0.675
201703 0.742 102.862 0.951
201706 1.463 103.349 1.865
201709 1.531 104.136 1.937
201712 0.855 104.011 1.083
201803 1.414 105.290 1.770
201806 0.310 106.317 0.384
201809 0.986 106.507 1.220
201812 -2.628 105.998 -3.267
201903 -1.265 107.251 -1.554
201906 0.583 108.070 0.711
201909 -0.729 108.329 -0.887
201912 1.526 108.420 1.855
202003 -6.176 108.902 -7.473
202006 0.928 108.767 1.124
202009 2.151 109.815 2.581
202012 7.784 109.897 9.334
202103 1.689 111.754 1.992
202106 1.670 114.631 1.920
202109 1.197 115.734 1.363
202112 0.230 117.630 0.258
202203 0.658 121.301 0.715
202206 -0.621 125.017 -0.655
202209 -0.165 125.227 -0.174
202212 -1.091 125.222 -1.148
202303 0.124 127.348 0.128
202306 -0.099 128.729 -0.101
202309 0.941 129.860 0.955
202312 0.376 129.419 0.383
202403 0.626 131.776 0.626

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


Portman Ridge Finance  (NAS:PTMN) 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.


Portman Ridge Finance Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Portman Ridge Finance's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Portman Ridge Finance (Portman Ridge Finance) Business Description

Traded in Other Exchanges
Address
650 Madison Avenue, 23rd Floor, New York, NY, USA, 10022
Portman Ridge Finance Corp Inc is a non-diversified closed-end investment company. The primary investment objective of the firm is to generate current income and capital appreciation by lending directly to privately-held middle-market companies. It invests in senior secured term loans and mezzanine debt primarily in privately-held middle market companies, asset management companies, and debt and subordinated securities.
Executives
Repertoire Partners Lp 10 percent owner 31 HUDSON YARDS, 11TH FLOOR SUITE #43, NEW YORK NY 10001
Repertoire Master Fund Lp 10 percent owner 345 CALIFORNIA STREET, SUITE 600, SAN FRANCISCO CA 94104
Tricia Nicole Hazelwood director 154 EAST 66TH STREET, NEW YORK NY 10065
Jennifer Kwon Chou director C/O THE GORES GROUP, 9800 WILSHIRE BOULEVARD, BEVERLY HILLS CA 90212
Patrick Schafer officer: Chief Investment Officer 650 MADISON AVENUE, NEW YORK NY 10022
David Held officer: Chief Compliance Officer 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Jason T Roos officer: CFO, Treasurer and Secretary 23 SPRINGHURST ROAD, BEDFORD HILLS NY 10507
Joseph Morea director C/O REIT MANAGEMENT & RESEARCH LLC, TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Matthew Joseph Westwood director 56 WATERFRONT DRIVE, PITTSBURGH PA 15222
Edward J. Goldthorpe director, officer: President, CEO 650 MADISON AVENUE, NEW YORK NY 10022
Robert Herman Warshauer director 8 GOLDEN POND ROAD, WEST HARRISON NY 10604
Alexander Duka director 650 MADISON AVENUE, NEW YORK NY 10022
Christopher Lacovara director C/O KATY INDUSTRIES INC, 765 STRAITS TURNPIKE STE 2000, MIDDLEBURY CT 06762
Andrew Devine officer: Chief Compliance Officer 650 MADISON AVENUE, NEW YORK NY 10022
George Grunebaum director C/O ASHMORE INVESTMENT MANAGEMENT LTD., 61 ALDWYCH, LONDON X0 WC2B 4AE