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Oxford Lane Capital (Oxford Lane Capital) PS Ratio : 6.92 (As of Apr. 29, 2024)


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What is Oxford Lane Capital PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Oxford Lane Capital's share price is $4.99. Oxford Lane Capital's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $0.72. Hence, Oxford Lane Capital's PS Ratio for today is 6.92.

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

OXLC' s PS Ratio Range Over the Past 10 Years
Min: 1.73   Med: 6.33   Max: 38.52
Current: 6.9

During the past 10 years, Oxford Lane Capital's highest PS Ratio was 38.52. The lowest was 1.73. And the median was 6.33.

OXLC's PS Ratio is ranked better than
57.58% of 1412 companies
in the Asset Management industry
Industry Median: 8.46 vs OXLC: 6.90

Oxford Lane Capital's Revenue per Sharefor the six months ended in Sep. 2023 was $0.60. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $0.72.

During the past 3 years, the average Revenue per Share Growth Rate was 36.40% per year.

During the past 10 years, Oxford Lane Capital's highest 3-Year average Revenue per Share Growth Rate was 56.80% per year. The lowest was 26.10% per year. And the median was 49.40% per year.

Back to Basics: PS Ratio


Oxford Lane Capital PS Ratio Historical Data

The historical data trend for Oxford Lane Capital's 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.

Oxford Lane Capital PS Ratio Chart

Oxford Lane Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.98 5.83 -

Oxford Lane Capital Semi-Annual Data
Mar14 Mar15 Sep15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 5.83 - - -

Competitive Comparison of Oxford Lane Capital's PS Ratio

For the Asset Management subindustry, Oxford Lane Capital's PS Ratio, along with its competitors' market caps and 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.


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

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

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



Oxford Lane Capital PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Oxford Lane Capital's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=4.99/0.721
=6.92

Oxford Lane Capital's Share Price of today is $4.99.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Oxford Lane Capital's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $0.72.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Oxford Lane Capital  (NAS:OXLC) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Oxford Lane Capital PS Ratio Related Terms

Thank you for viewing the detailed overview of Oxford Lane Capital's PS 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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