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SLR Investment (LTS:0L7O) Cyclically Adjusted PB Ratio : 0.67 (As of Jun. 09, 2024)


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What is SLR Investment Cyclically Adjusted PB Ratio?

As of today (2024-06-09), SLR Investment's current share price is $16.69. SLR Investment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $25.00. SLR Investment's Cyclically Adjusted PB Ratio for today is 0.67.

The historical rank and industry rank for SLR Investment's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0L7O' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.73   Max: 0.92
Current: 0.67

During the past years, SLR Investment's highest Cyclically Adjusted PB Ratio was 0.92. The lowest was 0.41. And the median was 0.73.

LTS:0L7O's Cyclically Adjusted PB Ratio is ranked better than
63.26% of 950 companies
in the Asset Management industry
Industry Median: 0.8 vs LTS:0L7O: 0.67

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

SLR Investment's adjusted book value per share data for the three months ended in Mar. 2024 was $18.186. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $25.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SLR Investment Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SLR Investment's Cyclically Adjusted PB 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.

SLR Investment Cyclically Adjusted PB Ratio Chart

SLR Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.74 0.75 0.55 0.61

SLR Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB 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 0.60 0.57 0.61 0.61 0.61

Competitive Comparison of SLR Investment's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, SLR Investment's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


SLR Investment's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SLR Investment's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SLR Investment's Cyclically Adjusted PB Ratio falls into.



SLR Investment Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

SLR Investment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.69/25
=0.67

* 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.

SLR Investment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, SLR Investment's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.186/131.7762*131.7762
=18.186

Current CPI (Mar. 2024) = 131.7762.

SLR Investment Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.440 100.560 29.406
201409 22.341 100.428 29.315
201412 22.055 99.070 29.336
201503 21.912 99.621 28.985
201506 21.918 100.684 28.687
201509 21.520 100.392 28.248
201512 20.787 99.792 27.449
201603 21.079 100.470 27.647
201606 21.512 101.688 27.877
201609 21.718 101.861 28.096
201612 21.741 101.863 28.126
201703 21.747 102.862 27.860
201706 21.791 103.349 27.785
201709 21.798 104.136 27.584
201712 21.808 104.011 27.630
201803 21.872 105.290 27.374
201806 21.930 106.317 27.182
201809 21.949 106.507 27.157
201812 21.750 105.998 27.040
201903 21.928 107.251 26.942
201906 21.982 108.070 26.804
201909 21.897 108.329 26.636
201912 21.435 108.420 26.053
202003 19.240 108.902 23.281
202006 20.109 108.767 24.363
202009 20.139 109.815 24.166
202012 20.161 109.897 24.175
202103 20.260 111.754 23.890
202106 20.289 114.631 23.324
202109 20.196 115.734 22.995
202112 19.931 117.630 22.328
202203 19.555 121.301 21.244
202206 18.534 125.017 19.536
202209 18.371 125.227 19.332
202212 18.325 125.222 19.284
202303 18.040 127.348 18.667
202306 17.978 128.729 18.404
202309 18.062 129.860 18.329
202312 18.085 129.419 18.414
202403 18.186 131.776 18.186

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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.


SLR Investment  (LTS:0L7O) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


SLR Investment Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of SLR Investment's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SLR Investment (LTS:0L7O) Business Description

Traded in Other Exchanges
Address
500 Park Avenue, New York, NY, USA, 10022
SLR Investment Corp is a closed-end investment company that has elected to be treated as a business development company. It provides U.S. middle market businesses and intermediaries with bespoke debt financing solutions to fund working capital, acquisition, refinancing and growth capital requirements.

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