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Prospect Capital (LTS:0R25) Cyclically Adjusted Price-to-FCF : 4.10 (As of Jun. 05, 2025)


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What is Prospect Capital Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), Prospect Capital's current share price is $3.2391. Prospect Capital's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $0.79. Prospect Capital's Cyclically Adjusted Price-to-FCF for today is 4.10.

The historical rank and industry rank for Prospect Capital's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LTS:0R25' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.02   Med: 8.2   Max: 68.78
Current: 4.02

During the past years, Prospect Capital's highest Cyclically Adjusted Price-to-FCF was 68.78. The lowest was 4.02. And the median was 8.20.

LTS:0R25's Cyclically Adjusted Price-to-FCF is ranked better than
86.75% of 498 companies
in the Asset Management industry
Industry Median: 19.135 vs LTS:0R25: 4.02

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Prospect Capital's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $0.179. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.79 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prospect Capital Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Prospect Capital's Cyclically Adjusted Price-to-FCF 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.

Prospect Capital Cyclically Adjusted Price-to-FCF Chart

Prospect Capital Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 8.71

Prospect Capital Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF 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 10.19 8.71 8.36 5.73 5.11

Competitive Comparison of Prospect Capital's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Prospect Capital's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Prospect Capital's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Prospect Capital's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Prospect Capital's Cyclically Adjusted Price-to-FCF falls into.


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Prospect Capital Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

Prospect Capital's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.2391/0.79
=4.10

* 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.

Prospect Capital's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Prospect Capital's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.179/134.9266*134.9266
=0.179

Current CPI (Mar. 2025) = 134.9266.

Prospect Capital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.373 100.684 0.500
201509 0.685 100.392 0.921
201512 0.476 99.792 0.644
201603 0.645 100.470 0.866
201606 0.613 101.688 0.813
201609 -0.149 101.861 -0.197
201612 0.508 101.863 0.673
201703 -0.149 102.862 -0.195
201706 0.837 103.349 1.093
201709 0.277 104.136 0.359
201712 1.110 104.011 1.440
201803 -0.669 105.290 -0.857
201806 0.305 106.317 0.387
201809 -0.654 106.507 -0.829
201812 0.442 105.998 0.563
201903 0.676 107.251 0.850
201906 0.144 108.070 0.180
201909 0.613 108.329 0.764
201912 0.514 108.420 0.640
202003 -0.192 108.902 -0.238
202006 0.233 108.767 0.289
202009 0.012 109.815 0.015
202012 0.231 109.897 0.284
202103 0.098 111.754 0.118
202106 -0.252 114.631 -0.297
202109 -0.025 115.734 -0.029
202112 -0.697 117.630 -0.799
202203 -0.666 121.301 -0.741
202206 -0.432 125.017 -0.466
202209 -0.195 125.227 -0.210
202212 -0.220 125.222 -0.237
202303 0.241 127.348 0.255
202306 -0.297 128.729 -0.311
202309 0.150 129.860 0.156
202312 0.193 129.419 0.201
202403 -0.033 131.776 -0.034
202406 0.221 132.554 0.225
202409 0.405 133.029 0.411
202412 0.638 133.157 0.646
202503 0.179 134.927 0.179

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


Prospect Capital  (LTS:0R25) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Prospect Capital Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Prospect Capital's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Prospect Capital Business Description

Traded in Other Exchanges
Address
10 East 40th Street, 42nd Floor, New York, NY, USA, 10016
Prospect Capital Corp is a closed-end investment company based in the United States. Its investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. The company invests primarily in senior and subordinated debt and equity of private companies for acquisitions, divestitures, growth, development, recapitalizations, and other purposes. It makes investments, including lending in private equity, sponsored transactions, directly to companies, investments in structured credit, real estate, and syndicated debt.

Prospect Capital Headlines

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