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FS KKR Capital (FRA:FS5A) Cyclically Adjusted PS Ratio : 5.32 (As of Jun. 12, 2024)


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What is FS KKR Capital Cyclically Adjusted PS Ratio?

As of today (2024-06-12), FS KKR Capital's current share price is €19.19. FS KKR Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.61. FS KKR Capital's Cyclically Adjusted PS Ratio for today is 5.32.

The historical rank and industry rank for FS KKR Capital's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:FS5A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.67   Med: 4.9   Max: 6.77
Current: 5.23

During the past years, FS KKR Capital's highest Cyclically Adjusted PS Ratio was 6.77. The lowest was 2.67. And the median was 4.90.

FRA:FS5A's Cyclically Adjusted PS Ratio is ranked better than
62.19% of 878 companies
in the Asset Management industry
Industry Median: 7.79 vs FRA:FS5A: 5.23

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.

FS KKR Capital's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.595. 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 €3.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FS KKR Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for FS KKR Capital'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.

* Premium members only.

FS KKR Capital Cyclically Adjusted PS Ratio Chart

FS KKR Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.60 4.84 4.68 4.25 5.05

FS KKR 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 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 4.52 4.69 4.81 5.05 4.87

Competitive Comparison of FS KKR Capital's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, FS KKR Capital'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.


FS KKR Capital's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, FS KKR Capital's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where FS KKR Capital's Cyclically Adjusted PS Ratio falls into.



FS KKR Capital 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.

FS KKR Capital's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.19/3.61
=5.32

* 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.

FS KKR Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, FS KKR Capital's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.595/131.7762*131.7762
=0.595

Current CPI (Mar. 2024) = 131.7762.

FS KKR Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.898 100.560 1.177
201409 0.759 100.428 0.996
201412 -0.012 99.070 -0.016
201503 1.126 99.621 1.489
201506 0.809 100.684 1.059
201509 -0.033 100.392 -0.043
201512 -0.978 99.792 -1.291
201603 -0.121 100.470 -0.159
201606 2.101 101.688 2.723
201609 1.720 101.861 2.225
201612 0.994 101.863 1.286
201703 1.008 102.862 1.291
201706 0.306 103.349 0.390
201709 1.200 104.136 1.519
201712 0.346 104.011 0.438
201803 0.185 105.290 0.232
201806 -0.381 106.317 -0.472
201809 -0.072 106.507 -0.089
201812 7.714 105.998 9.590
201903 0.718 107.251 0.882
201906 0.719 108.070 0.877
201909 0.554 108.329 0.674
201912 -0.092 108.420 -0.112
202003 -5.012 108.902 -6.065
202006 -0.344 108.767 -0.417
202009 1.509 109.815 1.811
202012 1.089 109.897 1.306
202103 1.412 111.754 1.665
202106 4.808 114.631 5.527
202109 0.793 115.734 0.903
202112 0.601 117.630 0.673
202203 0.719 121.301 0.781
202206 -0.257 125.017 -0.271
202209 -0.460 125.227 -0.484
202212 0.321 125.222 0.338
202303 0.692 127.348 0.716
202306 0.508 128.729 0.520
202309 0.923 129.860 0.937
202312 0.462 129.419 0.470
202403 0.595 131.776 0.595

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.


FS KKR Capital  (FRA:FS5A) 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.


FS KKR Capital Cyclically Adjusted PS Ratio Related Terms

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


FS KKR Capital (FRA:FS5A) Business Description

Traded in Other Exchanges
Address
201 Rouse Boulevard, Philadelphia, PA, USA, 19112
FS KKR Capital Corp is a business development company based in the United States. Its portfolio is comprised of investments in senior secured loans and second lien secured loans of private middle market U.S. companies and, to a lesser extent, subordinated loans and certain asset-based financing loans of private U.S. companies. It is focused on providing customized credit solutions to private upper middle-market companies, which it generally defines as companies with annual EBITDA of at least $50 million at the time of investment.

FS KKR Capital (FRA:FS5A) Headlines

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