GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Eagle Alternative Capital BDC Inc (NAS:FCRD) » Definitions » Shiller PE Ratio

First Eagle Alternative Capital BDC (First Eagle Alternative Capital BDC) Shiller PE Ratio : 37.83 (As of Apr. 26, 2024)


View and export this data going back to 2010. Start your Free Trial

What is First Eagle Alternative Capital BDC Shiller PE Ratio?

As of today (2024-04-26), First Eagle Alternative Capital BDC's current share price is $4.54. First Eagle Alternative Capital BDC's E10 for the quarter that ended in Dec. 2022 was $0.12. First Eagle Alternative Capital BDC's Shiller PE Ratio for today is 37.83.

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

FCRD's Shiller PE Ratio is not ranked *
in the Asset Management industry.
Industry Median: 12.595
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

First Eagle Alternative Capital BDC's adjusted earnings per share data for the three months ended in Dec. 2022 was $-0.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.12 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Eagle Alternative Capital BDC Shiller PE Ratio Historical Data

The historical data trend for First Eagle Alternative 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.

First Eagle Alternative Capital BDC Shiller PE Ratio Chart

First Eagle Alternative Capital BDC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 8.17 11.41 36.99

First Eagle Alternative Capital BDC Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 11.41 12.41 14.00 13.64 36.99

Competitive Comparison of First Eagle Alternative Capital BDC's Shiller PE Ratio

For the Asset Management subindustry, First Eagle Alternative 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.


First Eagle Alternative Capital BDC's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



First Eagle Alternative 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.

First Eagle Alternative Capital BDC's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.54/0.12
=37.83

* 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.

First Eagle Alternative Capital BDC's E10 for the quarter that ended in Dec. 2022 is calculated as:

For example, First Eagle Alternative Capital BDC's adjusted earnings per share data for the three months ended in Dec. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-0.43/125.2218*125.2218
=-0.430

Current CPI (Dec. 2022) = 125.2218.

First Eagle Alternative Capital BDC Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201303 0.330 98.209 0.421
201306 0.580 98.518 0.737
201309 0.230 98.790 0.292
201312 0.310 98.326 0.395
201403 0.320 99.695 0.402
201406 0.270 100.560 0.336
201409 0.350 100.428 0.436
201412 0.130 99.070 0.164
201503 0.460 99.621 0.578
201506 0.420 100.684 0.522
201509 0.080 100.392 0.100
201512 -0.110 99.792 -0.138
201603 0.000 100.470 0.000
201606 -0.020 101.688 -0.025
201609 0.300 101.861 0.369
201612 0.230 101.863 0.283
201703 0.160 102.862 0.195
201706 0.040 103.349 0.048
201709 0.130 104.136 0.156
201712 -0.570 104.011 -0.686
201803 0.190 105.290 0.226
201806 0.050 106.317 0.059
201809 0.140 106.507 0.165
201812 -0.700 105.998 -0.827
201903 0.010 107.251 0.012
201906 -0.300 108.070 -0.348
201909 0.010 108.329 0.012
201912 -0.500 108.420 -0.577
202003 -2.220 108.902 -2.553
202006 0.410 108.767 0.472
202009 0.490 109.815 0.559
202012 -0.010 109.897 -0.011
202103 0.320 111.754 0.359
202106 0.250 114.631 0.273
202109 0.090 115.734 0.097
202112 -0.060 117.630 -0.064
202203 -0.130 121.301 -0.134
202206 -0.710 125.017 -0.711
202209 -0.040 125.227 -0.040
202212 -0.430 125.222 -0.430

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.


First Eagle Alternative Capital BDC  (NAS:FCRD) 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.


First Eagle Alternative Capital BDC Shiller PE Ratio Related Terms

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


First Eagle Alternative Capital BDC (First Eagle Alternative Capital BDC) Business Description

Traded in Other Exchanges
N/A
Address
500 Boylston Street, Suite 1200, Boston, MA, USA, 02116
First Eagle Alternative Capital BDC Inc is a closed-end investment company which act as a business development company. The company's investment objective is to generate both current income and capital appreciation, primarily through directly originated first lien secured loans, including unitranche investments. It also makes the second lien, subordinated, or mezzanine debt investments, which may include an associated equity component such as warrants, preferred stock or other similar securities and direct equity co-investments.
Executives
Robert J. Hickey 10 percent owner 1515 WEST 22ND STREET, SUITE 1200, OAK BROOK IL 60523
Christopher J. Flynn director, 10 percent owner, officer: See Remarks 100 FEDERAL STREET 31ST FLOOR, BOSTON MA 02110
Edward J. Giordano other: CFO of the Adviser C/O H.I.G. CAPITAL, LLC, 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Sabrina Rusnak-carlson 10 percent owner, officer: See Remarks 100 FEDERAL STREET, 31ST FLOOR, BOSTON MA 02110
Jennifer Wilson officer: Chief Accounting Officer 100 WALL STREET, 11TH FLOOR, NEW YORK NY 10005
Terrence W. Olson 10 percent owner, officer: See Remarks C/O THL CREDIT, INC., 100 FEDERAL STREET, 31ST FL, BOSTON MA 02110
Arnhold & S. Bleichroeder Holdings, Inc. 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
William Montgomery Cook 10 percent owner 10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
First Eagle Investment Management, Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sam W. Tillinghast 10 percent owner C/O THL CREDIT, INC., 100 FEDERAL STREET, 31ST FL, BOSTON MA 02110
James R Fellows 10 percent owner, officer: See Remarks 100 FEDERAL STREET, 31ST FLOOR, BOSTON MA 02110
Brian J. Murphy 10 percent owner 1515 WEST 22ND STREET, SUITE 1200, OAK BROOK IL 60523
Steven F. Krull 10 percent owner 1515 WEST 22ND STREET, SUITE 1200, OAK BROOK IL 60523
Brian W. Good 10 percent owner 1515 WEST 22ND STREET, SUITE 1200, OAK BROOK IL 60523
Thlp Debt Partners, L.p. 10 percent owner 100 FEDERAL STREET, BOSTON MA 02110

First Eagle Alternative Capital BDC (First Eagle Alternative Capital BDC) Headlines

From GuruFocus