OXLC (Oxford Lane Capital) Cyclically Adjusted PB Ratio: 0.25 (As of Jul. 11, 2026) — 49% Below Median


OXLC Oxford Lane Capital Corp OXLC
22 GF Score
Price $9.13
! 3 Warning Signs
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What is Oxford Lane Capital Cyclically Adjusted PB Ratio?

Oxford Lane Capital OXLC +0.66% 22 Cyclically Adjusted PB Ratio is 0.25 as of Jul. 11, 2026, which is 49% below its 10-year median of 0.49. GuruFocus rates OXLC with a GF Score™ of 22/100. The stock has 3 warning signs investors should review. Among 1,005 Asset Management companies, Oxford Lane Capital ranks better than 91.14% on this metric.

As of today (2026-07-11), Oxford Lane Capital's current share price is $9.13. Oxford Lane Capital's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was $37.12. Oxford Lane Capital's Cyclically Adjusted PB Ratio for today is 0.25.

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

OXLC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.49   Max: 0.62
Current: 0.24

During the past 13 years, Oxford Lane Capital's highest Cyclically Adjusted PB Ratio was 0.62. The lowest was 0.21. And the median was 0.49.

OXLC's Cyclically Adjusted PB Ratio is ranked better than
91.14% of 1005 companies
in the Asset Management industry
Industry Median: 0.85 vs OXLC: 0.24

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.

Oxford Lane Capital's adjusted book value per share data of for the fiscal year that ended in Mar26 was $10.559. 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 $37.12 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oxford Lane Capital  (NAS:OXLC) 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.


Oxford Lane Capital Cyclically Adjusted PB Ratio Related Terms


Oxford Lane Capital Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Oxford Lane Capital'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.

Oxford Lane Capital Cyclically Adjusted PB Ratio Chart

Oxford Lane Capital Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.50 0.55 0.60 0.26

Oxford Lane Capital Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.55 0.00 0.60 0.00 0.26

OXLC vs RPC, PHK, BBDC: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Oxford Lane Capital'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.


Oxford Lane Capital Cyclically Adjusted PB Ratio vs Asset Management Industry

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

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


OXLC
22GF Score
Oxford Lane Capital Corp OXLC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Oxford Lane Capital 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.

Oxford Lane Capital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.13/37.12
=0.25

* 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.

Oxford Lane Capital's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Oxford Lane Capital's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=10.559/330.2130*330.2130
=10.559

Current CPI (Mar26) = 330.2130.

Oxford Lane Capital Annual Data

Book Value per Share CPI Adj_Book
201703 51.000 243.801 69.076
201803 50.388 249.554 66.674
201903 41.578 254.202 54.011
202003 17.875 258.115 22.868
202103 29.678 264.877 36.999
202203 32.778 287.504 37.647
202303 23.047 301.836 25.214
202403 24.486 312.332 25.888
202503 21.589 319.799 22.292
202603 10.559 330.213 10.559

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.

What does a Cyclically Adjusted PB Ratio of 0.25 mean?
Oxford Lane Capital (OXLC) has a Cyclically Adjusted PB Ratio of 0.25 as of Jul. 11, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Oxford Lane Capital and its competitors. This is 49% below median its historical median of 0.49. Over the past decade, Oxford Lane Capital's Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.62. According to the industry distribution chart, Oxford Lane Capital ranks #89 out of 1005 companies in the Asset Management industry, placing it in the top 8.9%.
Is Oxford Lane Capital's Cyclically Adjusted PB Ratio too high?
Oxford Lane Capital's current Cyclically Adjusted PB Ratio of 0.25 is 49% below median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.62. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Oxford Lane Capital's value of 0.25 is 70.6% below this industry median. Based on the distribution chart, Oxford Lane Capital ranks #89 out of 1005 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Oxford Lane Capital has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Oxford Lane Capital's Cyclically Adjusted PB Ratio compare to RPC and PHK?
According to the Asset Management industry distribution chart, Oxford Lane Capital ranks #89 out of 1005 companies for Cyclically Adjusted PB Ratio. This places Oxford Lane Capital in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.85. Oxford Lane Capital's value of 0.25 is 70.6% below this benchmark. Historically, Oxford Lane Capital's own Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.62 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.85, Oxford Lane Capital has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 1,005 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oxford Lane Capital's current Cyclically Adjusted PB Ratio of 0.25 is 70.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Oxford Lane Capital and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oxford Lane Capital's current Cyclically Adjusted PB Ratio is 0.25, which is 49% below median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oxford Lane Capital stock overvalued right now?
Oxford Lane Capital (OXLC) has a current Cyclically Adjusted PB Ratio of 0.25. The current Cyclically Adjusted PB Ratio is 0.25, which is 49% below median its 10-year median of 0.49 and 70.6% below the Asset Management industry median of 0.85. Oxford Lane Capital's overall GF Score™ is 22/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Oxford Lane Capital (OXLC), the current Cyclically Adjusted PB Ratio is 0.25 as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Oxford Lane Capital Business Description

Other Exchanges OXLCP.PFD:USA
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 portfolio's risk adjusted total return, and currently seek to achieve investment objective by investing in structured finance investments, specifically the equity and junior debt tranches of CLO vehicles, which are collateralized by a diverse portfolio of senior secured loans made to companies whose debt is unrated or is rated below investment grade (the Senior Loans) and, to a limited. Its investment plan 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.
22GF Score

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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.13
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