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Oxford Square Capital (STU:22T) Cyclically Adjusted PB Ratio : 0.43 (As of Jun. 04, 2024)


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What is Oxford Square Capital Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Oxford Square Capital's current share price is €2.815. Oxford Square Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €6.48. Oxford Square Capital's Cyclically Adjusted PB Ratio for today is 0.43.

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

STU:22T' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.59   Max: 0.87
Current: 0.43

During the past years, Oxford Square Capital's highest Cyclically Adjusted PB Ratio was 0.87. The lowest was 0.24. And the median was 0.59.

STU:22T's Cyclically Adjusted PB Ratio is ranked better than
82.27% of 942 companies
in the Asset Management industry
Industry Median: 0.8 vs STU:22T: 0.43

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 Square Capital's adjusted book value per share data for the three months ended in Mar. 2024 was €2.225. 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 €6.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oxford Square Capital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Oxford Square 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.

* Premium members only.

Oxford Square Capital Cyclically Adjusted PB Ratio Chart

Oxford Square Capital 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 0.60 0.36 0.49 0.39 0.39

Oxford Square Capital 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 0.40 0.34 0.40 0.39 0.44

Competitive Comparison of Oxford Square Capital's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Oxford Square 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 Square Capital's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

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

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.815/6.48
=0.43

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

For example, Oxford Square Capital'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)
=2.225/131.7762*131.7762
=2.225

Current CPI (Mar. 2024) = 131.7762.

Oxford Square Capital Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.147 100.560 9.366
201409 7.293 100.428 9.569
201412 7.004 99.070 9.316
201503 8.057 99.621 10.658
201506 7.660 100.684 10.025
201509 6.959 100.392 9.135
201512 5.875 99.792 7.758
201603 5.291 100.470 6.940
201606 5.820 101.688 7.542
201609 6.311 101.861 8.164
201612 7.108 101.863 9.195
201703 7.043 102.862 9.023
201706 6.683 103.349 8.521
201709 6.231 104.136 7.885
201712 6.376 104.011 8.078
201803 6.165 105.290 7.716
201806 6.469 106.317 8.018
201809 6.422 106.507 7.946
201812 5.806 105.998 7.218
201903 5.905 107.251 7.255
201906 5.587 108.070 6.813
201909 4.920 108.329 5.985
201912 4.607 108.420 5.599
202003 3.006 108.902 3.637
202006 3.140 108.767 3.804
202009 3.269 109.815 3.923
202012 3.737 109.897 4.481
202103 4.099 111.754 4.833
202106 4.072 114.631 4.681
202109 4.273 115.734 4.865
202112 4.356 117.630 4.880
202203 4.224 121.301 4.589
202206 3.475 125.017 3.663
202209 3.378 125.227 3.555
202212 2.626 125.222 2.763
202303 2.618 127.348 2.709
202306 2.658 128.729 2.721
202309 2.601 129.860 2.639
202312 2.340 129.419 2.383
202403 2.225 131.776 2.225

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.


Oxford Square Capital  (STU:22T) 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 Square Capital Cyclically Adjusted PB Ratio Related Terms

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


Oxford Square Capital (STU:22T) Business Description

Traded in Other Exchanges
Address
8 Sound Shore Drive, Suite 255, Greenwich, CT, USA, 06830
Oxford Square Capital Corp is a closed-end, non-diversified management investment company with a focus is to seek an attractive risk-adjusted total return by investing in corporate debt securities and collateralized loan obligation (CLO) structured finance investments that own corporate debt securities. its capital is generally used by its corporate borrowers to finance organic growth, acquisitions, recapitalizations, and working capital. The group invests in various industries such as Structured Finance, IT Consulting, Business Services, Utilities, Software, Healthcare, Telecommunication Services, Plastics Manufacturing, and Diversified Insurance.

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