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Saratoga Investment (Saratoga Investment) Shiller PE Ratio : 7.70 (As of May. 01, 2024)


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What is Saratoga Investment Shiller PE Ratio?

As of today (2024-05-01), Saratoga Investment's current share price is $23.72. Saratoga Investment's E10 for the quarter that ended in Nov. 2023 was $3.08. Saratoga Investment's Shiller PE Ratio for today is 7.70.

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

SAR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.59   Med: 8.27   Max: 17.71
Current: 7.7

During the past years, Saratoga Investment's highest Shiller PE Ratio was 17.71. The lowest was 2.59. And the median was 8.27.

SAR's Shiller PE Ratio is ranked better than
83.25% of 764 companies
in the Asset Management industry
Industry Median: 12.745 vs SAR: 7.70

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.

Saratoga Investment's adjusted earnings per share data for the three months ended in Nov. 2023 was $-0.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.08 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saratoga Investment Shiller PE Ratio Historical Data

The historical data trend for Saratoga Investment'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.

Saratoga Investment Shiller PE Ratio Chart

Saratoga Investment Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.02 6.25 7.69 8.67 8.83

Saratoga Investment Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 8.57 8.83 9.22 8.22 8.51

Competitive Comparison of Saratoga Investment's Shiller PE Ratio

For the Asset Management subindustry, Saratoga Investment'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.


Saratoga Investment's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Saratoga Investment's Shiller PE Ratio falls into.



Saratoga Investment 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.

Saratoga Investment's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=23.72/3.08
=7.70

* 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.

Saratoga Investment's E10 for the quarter that ended in Nov. 2023 is calculated as:

For example, Saratoga Investment's adjusted earnings per share data for the three months ended in Nov. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=-0.31/129.5481*129.5481
=-0.310

Current CPI (Nov. 2023) = 129.5481.

Saratoga Investment Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201402 0.680 99.057 0.889
201405 0.330 100.373 0.426
201408 0.590 100.352 0.762
201411 0.630 99.635 0.819
201502 0.500 99.032 0.654
201505 1.360 100.333 1.756
201508 0.220 100.548 0.283
201511 0.610 100.135 0.789
201602 -0.090 100.040 -0.117
201605 0.570 101.355 0.729
201608 0.920 101.617 1.173
201611 0.270 101.829 0.343
201702 0.210 102.779 0.265
201705 0.170 103.256 0.213
201708 1.150 103.587 1.438
201711 0.710 104.072 0.884
201802 0.890 105.052 1.098
201805 0.610 106.148 0.744
201808 0.450 106.383 0.548
201811 0.490 106.338 0.597
201902 1.040 106.649 1.263
201905 0.990 108.048 1.187
201908 0.910 108.245 1.089
201911 1.370 108.519 1.635
202002 2.390 109.139 2.837
202005 -2.020 108.175 -2.419
202008 1.950 109.662 2.304
202011 0.570 109.793 0.673
202102 0.830 110.968 0.969
202105 1.880 113.576 2.144
202108 0.710 115.421 0.797
202111 0.730 117.269 0.806
202202 0.700 119.703 0.758
202205 -0.120 123.323 -0.126
202208 0.080 124.958 0.083
202211 0.510 125.607 0.526
202302 1.620 126.928 1.653
202305 -0.020 128.314 -0.020
202308 0.650 129.538 0.650
202311 -0.310 129.548 -0.310

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.


Saratoga Investment  (NYSE:SAR) 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.


Saratoga Investment Shiller PE Ratio Related Terms

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


Saratoga Investment (Saratoga Investment) Business Description

Traded in Other Exchanges
N/A
Address
535 Madison Avenue, 4th Floor, New York, NY, USA, 10022
Saratoga Investment Corp is a specialty finance company that provides customized financing solutions to U.S. middle-market businesses. The company invests in senior and unitranche leveraged loans and mezzanine debt and, to a lesser extent, equity issued by private U.S. middle-market companies, which it defines as companies having annual earnings before interest, taxes, depreciation and amortization (EBITDA) under $50 million, both through direct lending and through participation in loan syndicates.
Executives
Christian L Oberbeck director, 10 percent owner, officer: CEO and Director C/O KOPPERS INC, 436 SEVENTH AVENUE, SUITE 1550, PITTSBURG PA 15219
Steven M Looney director 132 WAIKU ROAD, RIDGEWOOD NJ 07450-2322
Henri J Steenkamp officer: Chief Financial Officer SARATOGA INVESTMENT ADVISORS, LLC, 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Williams George Cabell Iii director 5422 ALBIA ROAD, BETHESDA MD 20816
Elizabeth Oberbeck 10 percent owner C/O SARATOGA INVESTMENT CORP., 535 MADISON AVENUE, NEW YORK NY 10022
Michael J Grisius director, officer: President and Director 1919 PENNSYLVANIA AVE NW, 3RD FL, WASHINGTON DC 20006
Whitman Iii Charles S director C/O GSC INVESTMENT CORP., 12 EAST 49TH STREET, SUITE 3200, NEW YORK NY 10017
Phillips Charles G Iv other: Member of 10% owner group. C/O SARATOGA INVESTMENT ADVISORS, LLC, 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Richard A Petrocelli director, officer: CFO, Secretary and CCO 1350 6TH AVENUE, 18TH FLOOR, NEW YORK NY 10019
John P. Birkelund other: Member of 10% owner group ETHAN ALLEN DRIVE, DANBURY CT 06811
John F. Macmurray other: Member of 10% owner group C/O SARATOGA INVESTMENT ADVISORS, LLC, 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Durkin Charles P Jr other: Member of 10% owner group
Clo Partners Llc other: Member of 10% owner group 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Saratoga Investment Advisors, Llc other: Member of 10% owner group 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Ivo Turkedjiev officer: VP Corporate Credit Group C/O GSC INVESTMENT CORP, 888 SEVENTH AVE, NEW YORK NY 10019