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Golub Capital BDC (FRA:OGL) Shiller PE Ratio : 12.85 (As of May. 08, 2024)


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What is Golub Capital BDC Shiller PE Ratio?

As of today (2024-05-08), Golub Capital BDC's current share price is €15.80. Golub Capital BDC's E10 for the quarter that ended in Mar. 2024 was €1.23. Golub Capital BDC's Shiller PE Ratio for today is 12.85.

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

FRA:OGL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.4   Med: 11.74   Max: 13.9
Current: 12.34

During the past years, Golub Capital BDC's highest Shiller PE Ratio was 13.90. The lowest was 8.40. And the median was 11.74.

FRA:OGL's Shiller PE Ratio is ranked better than
53.54% of 762 companies
in the Asset Management industry
Industry Median: 12.86 vs FRA:OGL: 12.34

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.

Golub Capital BDC's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.506. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Golub Capital BDC Shiller PE Ratio Historical Data

The historical data trend for Golub Capital BDC'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.

Golub Capital BDC Shiller PE Ratio Chart

Golub Capital BDC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.01 11.64 12.37 9.41 10.87

Golub Capital BDC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.43 10.27 10.87 11.21 12.20

Competitive Comparison of Golub Capital BDC's Shiller PE Ratio

For the Asset Management subindustry, Golub Capital BDC'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.


Golub Capital BDC's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



Golub Capital BDC 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.

Golub Capital BDC's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=15.80/1.23
=12.85

* 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.

Golub Capital BDC's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Golub Capital BDC's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.506/129.4194*129.4194
=0.506

Current CPI (Mar. 2024) = 129.4194.

Golub Capital BDC Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.244 100.560 0.314
201409 0.316 100.428 0.407
201412 0.246 99.070 0.321
201503 0.333 99.621 0.433
201506 0.304 100.684 0.391
201509 0.321 100.392 0.414
201512 0.348 99.792 0.451
201603 0.238 100.470 0.307
201606 0.295 101.688 0.375
201609 0.253 101.861 0.321
201612 0.306 101.863 0.389
201703 0.337 102.862 0.424
201706 0.295 103.349 0.369
201709 0.302 104.136 0.375
201712 0.288 104.011 0.358
201803 0.300 105.290 0.369
201806 0.292 106.317 0.355
201809 0.238 106.507 0.289
201812 0.258 105.998 0.315
201903 0.243 107.251 0.293
201906 0.274 108.070 0.328
201909 -0.878 108.329 -1.049
201912 0.306 108.420 0.365
202003 -1.502 108.902 -1.785
202006 0.826 108.767 0.983
202009 0.484 109.815 0.570
202012 0.460 109.897 0.542
202103 0.462 111.754 0.535
202106 0.407 114.631 0.460
202109 0.357 115.734 0.399
202112 0.327 117.630 0.360
202203 0.354 121.301 0.378
202206 0.085 125.017 0.088
202209 0.051 125.227 0.053
202212 0.142 125.222 0.147
202303 0.318 127.348 0.323
202306 0.397 128.729 0.399
202309 0.562 129.860 0.560
202312 0.413 129.419 0.413
202403 0.506 129.419 0.506

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.


Golub Capital BDC  (FRA:OGL) 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.


Golub Capital BDC Shiller PE Ratio Related Terms

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Golub Capital BDC (FRA:OGL) Business Description

Traded in Other Exchanges
Address
200 Park Avenue, 25th Floor, New York, NY, USA, 10166
Golub Capital BDC Inc is an externally managed, closed-end, non-diversified management investment company. Its investment objective is to generate current income and capital appreciation by investing in senior secured and one-stop loans in United States middle-market companies. It also invests in the second lien and subordinated loans, warrants, and minority equity securities in United States middle-market companies. The company generally invests in securities that have been rated below investment grade by independent rating agencies or that would be rated below investment grade if they were rated.

Golub Capital BDC (FRA:OGL) Headlines

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