SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'medpsvalue' TCPC (BlackRock TCP Capital) Median PS Value
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock TCP Capital Corp (NAS:TCPC) » Definitions » Median PS Value

BlackRock TCP Capital (BlackRock TCP Capital) Median PS Value

: $7.94 (As of Today)
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This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. BlackRock TCP Capital's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.845. BlackRock TCP Capital's 10-Year median PS Ratio is 9.3964. Therefore, the Median PS Value for today is $7.94.

As of today (2024-04-19), BlackRock TCP Capital's share price is $10.18. BlackRock TCP Capital's Median PS Value is $7.94. Therefore, BlackRock TCP Capital's Price to Median PS Value for today is 1.28.

The historical rank and industry rank for BlackRock TCP Capital's Median PS Value or its related term are showing as below:

TCPC' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.27   Med: 46.94   Max: 92.43
Current: 1.28

During the past 13 years, the highest Price to Median PS Value of BlackRock TCP Capital was 92.43. The lowest was 1.27. And the median was 46.94.

TCPC's Price-to-Median-PS-Value is ranked worse than
69.35% of 310 companies
in the Asset Management industry
Industry Median: 0.91 vs TCPC: 1.28

BlackRock TCP Capital Median PS Value Historical Data

The historical data trend for BlackRock TCP Capital's Median PS Value 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.

BlackRock TCP Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.14 7.94

BlackRock TCP Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value 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 Premium Member Only Premium Member Only Premium Member Only 0.14 1.62 4.18 2.18 7.94

Competitive Comparison

For the Asset Management subindustry, BlackRock TCP Capital's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.


BlackRock TCP Capital Price-to-Median-PS-Value Distribution

For the Asset Management industry and Financial Services sector, BlackRock TCP Capital's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where BlackRock TCP Capital's Price-to-Median-PS-Value falls into.



BlackRock TCP Capital Median PS Value Calculation

BlackRock TCP Capital's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.845*9.3964
=7.94

10-Year Median PS Ratio is 9.3964.
BlackRock TCP Capital's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.845.

* 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.


BlackRock TCP Capital  (NAS:TCPC) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

BlackRock TCP Capital's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=10.18/7.94
=1.28

* 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.


BlackRock TCP Capital Median PS Value Related Terms

Thank you for viewing the detailed overview of BlackRock TCP Capital's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock TCP Capital (BlackRock TCP Capital) Business Description

Traded in Other Exchanges
Address
2951 28th Street, Suite 1000, Santa Monica, CA, USA, 90405
BlackRock TCP Capital Corp is an externally-managed specialty finance company focused on middle-market lending. Its investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. It seeks to achieve our investment objective primarily through investments in debt securities of middle-market companies. The group generates returns through a combination of the receipt of contractual interest payments on debt investments and origination and similar fees, and, to a lesser extent, equity appreciation through options, warrants, conversion rights or direct equity investments.
Executives
Karen L Leets director 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Rajneesh Vig officer: Authorized Person, other: Officer of Advisor C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA X1 90405
Karyn Leigh Williams director C/O TENNENBAUM CAPITAL PARTNERS, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Erik L. Cuellar officer: Chief Financial Officer 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Andrea Petro director C/O READY CAPITAL CORPORATION, 1251 AVENUE OF THE AMERICAS, 50TH FL., NEW YORK NY 10020
Philip M Tseng officer: Chief Operating Officer C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Charles Park officer: CCO 55 EAST 52ND STREET, NEW YORK NY 10055
Howard Levkowitz director, officer: Chairman & CEO C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Kathleen A Corbet director C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Paul L Davis officer: Chief Compliance Officer, other: Officer of Investment Adviser TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, STE 1000, SANTA MONICA CA 90405
Brian F Wruble director TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Michael E Leitner officer: Authorized Person, other: Officer of Adviser C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH ST., SUITE 1000, SANTA MONICA CA 90405
Eric John Draut director 340 EAST RANDOLPH, SUITE 3101, CHICAGO IL 60601
Mark Holdsworth officer: Authorized Person, other: Officer of Investment Adviser 140 S. LAKE AVE., STE. 304, PASADENA CA 91101
M. Freddie Reiss director 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405

BlackRock TCP Capital (BlackRock TCP Capital) Headlines

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