Sixth Street Specialty Lending (FRA:1T6) Cyclically Adjusted PS Ratio: 6.07 (As of Aug. 05, 2026) — 18% Below Median

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FRA:1T6 Sixth Street Specialty Lending Inc FRA:1T6
53 GF Score
Price €15.06
GF Value €10.37
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Sixth Street Specialty Lending Cyclically Adjusted PS Ratio?

Sixth Street Specialty Lending FRA:1T6 +3.95% 53 Cyclically Adjusted PS Ratio is 6.07 as of Aug. 05, 2026, which is 18% below its 10-year median of 7.42. GuruFocus rates FRA:1T6 with a GF Score™ of 53/100 and a GF Value™ of €10.37 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 906 Asset Management companies, Sixth Street Specialty Lending ranks better than 60.82% on this metric.

As of today (2026-08-05), Sixth Street Specialty Lending's current share price is €15.056. Sixth Street Specialty Lending's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €2.48. Sixth Street Specialty Lending's Cyclically Adjusted PS Ratio for today is 6.07.

The historical rank and industry rank for Sixth Street Specialty Lending's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:1T6' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.61   Med: 7.42   Max: 10.15
Current: 5.98

During the past years, Sixth Street Specialty Lending's highest Cyclically Adjusted PS Ratio was 10.15. The lowest was 5.61. And the median was 7.42.

FRA:1T6's Cyclically Adjusted PS Ratio is ranked better than
60.82% of 906 companies
in the Asset Management industry
Industry Median: 7.76 vs FRA:1T6: 5.98

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Sixth Street Specialty Lending's adjusted revenue per share data for the three months ended in Mar. 2026 was €-0.159. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €2.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sixth Street Specialty Lending  (FRA:1T6) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Sixth Street Specialty Lending Cyclically Adjusted PS Ratio Related Terms


Sixth Street Specialty Lending Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sixth Street Specialty Lending's Cyclically Adjusted PS 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.

Sixth Street Specialty Lending Cyclically Adjusted PS Ratio Chart

Sixth Street Specialty Lending Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.55 6.80 7.75 7.39 7.29

Sixth Street Specialty Lending Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 7.71 8.19 7.77 7.29 6.20

FRA:1T6 vs BST, BCAT, TRIN: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Sixth Street Specialty Lending's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Sixth Street Specialty Lending Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Sixth Street Specialty Lending's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sixth Street Specialty Lending's Cyclically Adjusted PS Ratio falls into.


FRA:1T6
53GF Score
Sixth Street Specialty Lending Inc FRA:1T6
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sixth Street Specialty Lending Cyclically Adjusted PS Ratio Calculation

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

Sixth Street Specialty Lending's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.056/2.48
=6.07

* 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.

Sixth Street Specialty Lending's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sixth Street Specialty Lending's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.159/330.2130*330.2130
=-0.159

Current CPI (Mar. 2026) = 330.2130.

Sixth Street Specialty Lending Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.805 241.018 1.103
201609 0.628 241.428 0.859
201612 0.580 241.432 0.793
201703 0.512 243.801 0.693
201706 0.565 244.955 0.762
201709 0.389 246.819 0.520
201712 0.425 246.524 0.569
201803 0.520 249.554 0.688
201806 0.516 251.989 0.676
201809 0.571 252.439 0.747
201812 0.268 251.233 0.352
201903 0.597 254.202 0.776
201906 0.734 256.143 0.946
201909 0.516 256.759 0.664
201912 0.593 256.974 0.762
202003 -0.635 258.115 -0.812
202006 1.344 257.797 1.722
202009 1.089 260.280 1.382
202012 0.421 260.474 0.534
202103 0.650 264.877 0.810
202106 0.633 271.696 0.769
202109 0.611 274.310 0.736
202112 0.563 278.802 0.667
202203 0.490 287.504 0.563
202206 -0.090 296.311 -0.100
202209 0.535 296.808 0.595
202212 0.678 296.797 0.754
202303 0.734 301.836 0.803
202306 0.714 305.109 0.773
202309 0.844 307.789 0.905
202312 0.688 306.746 0.741
202403 0.654 312.332 0.691
202406 0.653 314.175 0.686
202409 0.574 315.301 0.601
202412 0.668 315.605 0.699
202503 0.466 319.799 0.481
202506 0.657 322.561 0.673
202509 0.518 324.800 0.527
202512 0.369 324.054 0.376
202603 -0.159 330.213 -0.159

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 6.07 mean?
Sixth Street Specialty Lending (FRA:1T6) has a Cyclically Adjusted PS Ratio of 6.07 as of Aug. 05, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Sixth Street Specialty Lending and its competitors. This is 18% below median its historical median of 7.42. Over the past decade, Sixth Street Specialty Lending's Cyclically Adjusted PS Ratio has ranged from 5.61 to 10.15. According to the industry distribution chart, Sixth Street Specialty Lending ranks #355 out of 906 companies in the Asset Management industry, placing it in the top 39.2%.
Is Sixth Street Specialty Lending's Cyclically Adjusted PS Ratio too high?
Sixth Street Specialty Lending's current Cyclically Adjusted PS Ratio of 6.07 is 18% below median its 10-year median of 7.42. Over the past 10 years, this metric has ranged from a low of 5.61 to a high of 10.15. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.76. Sixth Street Specialty Lending's value of 6.07 is 21.8% below this industry median. Based on the distribution chart, Sixth Street Specialty Lending ranks #355 out of 906 companies in the Asset Management industry, which is above the industry midpoint. Overall, Sixth Street Specialty Lending has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sixth Street Specialty Lending's Cyclically Adjusted PS Ratio compare to BST and BCAT?
According to the Asset Management industry distribution chart, Sixth Street Specialty Lending ranks #355 out of 906 companies for Cyclically Adjusted PS Ratio. This puts Sixth Street Specialty Lending in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.76. Sixth Street Specialty Lending's value of 6.07 is 21.8% below this benchmark. Historically, Sixth Street Specialty Lending's own Cyclically Adjusted PS Ratio has ranged from 5.61 to 10.15 over the past decade. While the company's 10-year median is 7.42 vs. the industry median of 7.76, Sixth Street Specialty Lending 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 PS Ratio for an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.76, based on 906 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sixth Street Specialty Lending's current Cyclically Adjusted PS Ratio of 6.07 is 21.8% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Sixth Street Specialty Lending and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sixth Street Specialty Lending's current Cyclically Adjusted PS Ratio is 6.07, which is 18% below median its own 10-year median of 7.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sixth Street Specialty Lending stock overvalued right now?
Based on GuruFocus' analysis, Sixth Street Specialty Lending (FRA:1T6) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.37, compared to a current price of €15.06 — trading 45.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.07, which is 18% below median its 10-year median of 7.42 and 21.8% below the Asset Management industry median of 7.76. Sixth Street Specialty Lending's overall GF Score™ is 53/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Sixth Street Specialty Lending (FRA:1T6), the current Cyclically Adjusted PS Ratio is 6.07 as of Aug. 05, 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.

Is Sixth Street Specialty Lending (FRA:1T6) Overvalued in 2026?

Based on GuruFocus' analysis, Sixth Street Specialty Lending stock appears to be overvalued. The current stock price of €15.06 is trading 45.2% above its estimated GF Value™ of €10.37. GuruFocus considers Sixth Street Specialty Lending to be Significantly Overvalued.

Key valuation signals for FRA:1T6:

  • Cyclically Adjusted PS Ratio: 6.07 (18% below median its 10-year median of 7.42)
  • GF Value™: €10.37 vs. price of €15.06 (45.2% above fair value)
  • GF Score™: 53/100 with 8 warning signs
  • Industry Position: 21.8% below the Asset Management median (#355 of 906)

No single metric tells the full story. See the FRA:1T6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sixth Street Specialty Lending Business Description

Other Exchanges TSLX:USA1T6:Germany
Address 2100 McKinney Avenue, Suite 1500, Dallas, TX, USA, 75201
Sixth Street Specialty Lending Inc is a specialty finance company focused on providing flexible, fully committed financing solutions to middle market companies located in the United States of America. The company partners with other companies across a variety of industries and provides creative solutions with complex business models that may have limited access to capital. The company seeks to generate current income in U.S.-domiciled middle-market companies through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine and unsecured loans and investments in corporate bonds and equity securities.
53GF Score

Get the complete analysis for FRA:1T6

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

€15.06
Price
€10.37
GF Value