Carlyle Secured Lending (FRA:6JR) Cyclically Adjusted PS Ratio: 6.24 (As of Aug. 13, 2026) — 39% Below Median

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FRA:6JR Carlyle Secured Lending Inc FRA:6JR
57 GF Score
Price €9.62
GF Value €11.42
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Carlyle Secured Lending Cyclically Adjusted PS Ratio?

Carlyle Secured Lending FRA:6JR +0.37% 57 Cyclically Adjusted PS Ratio is 6.24 as of Aug. 13, 2026, which is 39% below its 10-year median of 10.24. GuruFocus rates FRA:6JR with a GF Score™ of 57/100 and a GF Value™ of €11.42 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 922 Asset Management companies, Carlyle Secured Lending ranks better than 57.59% on this metric.

As of today (2026-08-13), Carlyle Secured Lending's current share price is €9.615. Carlyle Secured Lending's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €1.54. Carlyle Secured Lending's Cyclically Adjusted PS Ratio for today is 6.24.

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

FRA:6JR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.84   Med: 10.24   Max: 11.87
Current: 6.47

During the past years, Carlyle Secured Lending's highest Cyclically Adjusted PS Ratio was 11.87. The lowest was 5.84. And the median was 10.24.

FRA:6JR's Cyclically Adjusted PS Ratio is ranked better than
57.59% of 922 companies
in the Asset Management industry
Industry Median: 7.95 vs FRA:6JR: 6.47

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.

Carlyle Secured Lending's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.037. 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 €1.54 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carlyle Secured Lending  (FRA:6JR) 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.


Carlyle Secured Lending Cyclically Adjusted PS Ratio Related Terms


Carlyle Secured Lending Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Carlyle Secured 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.

Carlyle Secured Lending Cyclically Adjusted PS Ratio Chart

Carlyle Secured 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 0.00 10.86 10.00 10.70 7.11

Carlyle Secured Lending Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 8.11 7.38 7.11 6.09 6.14

FRA:6JR vs BIT, PFN, JQC: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Carlyle Secured 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.


Carlyle Secured Lending Cyclically Adjusted PS Ratio vs Asset Management Industry

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

* The bar in red indicates where Carlyle Secured Lending's Cyclically Adjusted PS Ratio falls into.


FRA:6JR
57GF Score
Carlyle Secured Lending Inc FRA:6JR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carlyle Secured 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.

Carlyle Secured Lending's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.615/1.54
=6.24

* 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.

Carlyle Secured Lending's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Carlyle Secured Lending's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.037/333.9520*333.9520
=0.037

Current CPI (Jun. 2026) = 333.9520.

Carlyle Secured Lending Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.766 241.428 1.060
201612 0.476 241.432 0.658
201703 0.249 243.801 0.341
201706 0.310 244.955 0.423
201709 0.337 246.819 0.456
201712 0.395 246.524 0.535
201803 0.299 249.554 0.400
201806 0.211 251.989 0.280
201809 0.114 252.439 0.151
201812 0.014 251.233 0.019
201903 0.513 254.202 0.674
201906 0.172 256.143 0.224
201909 -0.110 256.759 -0.143
201912 0.456 256.974 0.593
202003 -1.888 258.115 -2.443
202006 0.873 257.797 1.131
202009 0.502 260.280 0.644
202012 0.607 260.474 0.778
202103 0.530 264.877 0.668
202106 0.630 271.696 0.774
202109 0.718 274.310 0.874
202112 0.519 278.802 0.622
202203 0.520 287.504 0.604
202206 0.130 296.311 0.147
202209 0.717 296.808 0.807
202212 0.225 296.797 0.253
202303 0.495 301.836 0.548
202306 0.126 305.109 0.138
202309 0.545 307.789 0.591
202312 0.517 306.746 0.563
202403 0.526 312.332 0.562
202406 0.351 314.175 0.373
202409 0.353 315.301 0.374
202412 0.399 315.605 0.422
202503 0.269 319.799 0.281
202506 0.206 322.561 0.213
202509 0.310 324.800 0.319
202512 0.240 324.054 0.247
202603 -0.015 330.213 -0.015
202606 0.037 333.952 0.037

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 6.24 mean?
Carlyle Secured Lending (FRA:6JR) has a Cyclically Adjusted PS Ratio of 6.24 as of Aug. 13, 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 Carlyle Secured Lending and its competitors. This is 39% below median its historical median of 10.24. Over the past decade, Carlyle Secured Lending's Cyclically Adjusted PS Ratio has ranged from 5.84 to 11.87. According to the industry distribution chart, Carlyle Secured Lending ranks #391 out of 922 companies in the Asset Management industry, placing it in the top 42.4%.
Is Carlyle Secured Lending's Cyclically Adjusted PS Ratio too high?
Carlyle Secured Lending's current Cyclically Adjusted PS Ratio of 6.24 is 39% below median its 10-year median of 10.24. Over the past 10 years, this metric has ranged from a low of 5.84 to a high of 11.87. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.95. Carlyle Secured Lending's value of 6.24 is 21.5% below this industry median. Based on the distribution chart, Carlyle Secured Lending ranks #391 out of 922 companies in the Asset Management industry, which is above the industry midpoint. Overall, Carlyle Secured Lending has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlyle Secured Lending's Cyclically Adjusted PS Ratio compare to BIT and PFN?
According to the Asset Management industry distribution chart, Carlyle Secured Lending ranks #391 out of 922 companies for Cyclically Adjusted PS Ratio. This puts Carlyle Secured Lending in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.95. Carlyle Secured Lending's value of 6.24 is 21.5% below this benchmark. Historically, Carlyle Secured Lending's own Cyclically Adjusted PS Ratio has ranged from 5.84 to 11.87 over the past decade. While the company's 10-year median is 10.24 vs. the industry median of 7.95, Carlyle Secured 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 7.95, based on 922 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. Carlyle Secured Lending's current Cyclically Adjusted PS Ratio of 6.24 is 21.5% 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 Carlyle Secured Lending and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carlyle Secured Lending's current Cyclically Adjusted PS Ratio is 6.24, which is 39% below median its own 10-year median of 10.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlyle Secured Lending stock overvalued right now?
Based on GuruFocus' analysis, Carlyle Secured Lending (FRA:6JR) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.42, compared to a current price of €9.62 — trading 15.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.24, which is 39% below median its 10-year median of 10.24 and 21.5% below the Asset Management industry median of 7.95. Carlyle Secured Lending's overall GF Score™ is 57/100 with 7 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 Carlyle Secured Lending (FRA:6JR), the current Cyclically Adjusted PS Ratio is 6.24 as of Aug. 13, 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 Carlyle Secured Lending (FRA:6JR) Overvalued in 2026?

Based on GuruFocus' analysis, Carlyle Secured Lending stock appears to be undervalued. The current stock price of €9.62 is trading 15.8% below its estimated GF Value™ of €11.42. GuruFocus considers Carlyle Secured Lending to be Modestly Undervalued.

Key valuation signals for FRA:6JR:

  • Cyclically Adjusted PS Ratio: 6.24 (39% below median its 10-year median of 10.24)
  • GF Value™: €11.42 vs. price of €9.62 (15.8% below fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 21.5% below the Asset Management median (#391 of 922)

No single metric tells the full story. See the FRA:6JR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carlyle Secured Lending Business Description

Other Exchanges CGBD:USA
Address One Vanderbilt Avenue, Suite 3400, New York, NY, USA, 10017
Carlyle Secured Lending Inc is a specialty finance company that is a closed-end, externally managed, non-diversified management investment company. It focuses on providing directly originated, financing solutions across the capital structure, with a focus on senior secured lending to middle-market companies located in the United States. The company's investment objective is to generate current income and capital appreciation through debt investments in U.S. middle-market companies.
57GF Score

Get the complete analysis for FRA:6JR

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

€9.62
Price
€11.42
GF Value