GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » FS KKR Capital Corp (NYSE:FSK) » Definitions » Cyclically Adjusted PS Ratio

FSK (FS KKR Capital) Cyclically Adjusted PS Ratio : 5.71 (As of Dec. 15, 2024)


View and export this data going back to 2014. Start your Free Trial

What is FS KKR Capital Cyclically Adjusted PS Ratio?

As of today (2024-12-15), FS KKR Capital's current share price is $21.48. FS KKR Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was $3.76. FS KKR Capital's Cyclically Adjusted PS Ratio for today is 5.71.

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

FSK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.67   Med: 4.95   Max: 6.79
Current: 5.71

During the past years, FS KKR Capital's highest Cyclically Adjusted PS Ratio was 6.79. The lowest was 2.67. And the median was 4.95.

FSK's Cyclically Adjusted PS Ratio is ranked better than
63.06% of 842 companies
in the Asset Management industry
Industry Median: 8.415 vs FSK: 5.71

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 Sep. 2024 was $0.607. 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 $3.76 for the trailing ten years ended in Sep. 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 4.85 4.68 4.25 5.06

FS KKR Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.82 5.06 4.87 5.17 5.24

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
=21.48/3.76
=5.71

* 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 Sep. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.607/133.0289*133.0289
=0.607

Current CPI (Sep. 2024) = 133.0289.

FS KKR Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 -0.015 99.070 -0.020
201503 1.218 99.621 1.626
201506 0.908 100.684 1.200
201509 -0.037 100.392 -0.049
201512 -1.065 99.792 -1.420
201603 -0.134 100.470 -0.177
201606 2.361 101.688 3.089
201609 1.947 101.861 2.543
201612 1.001 101.863 1.307
201703 1.101 102.862 1.424
201706 0.365 103.349 0.470
201709 1.451 104.136 1.854
201712 0.346 104.011 0.443
201803 0.228 105.290 0.288
201806 -0.445 106.317 -0.557
201809 -0.084 106.507 -0.105
201812 8.776 105.998 11.014
201903 0.811 107.251 1.006
201906 0.812 108.070 1.000
201909 0.611 108.329 0.750
201912 -0.102 108.420 -0.125
202003 -5.538 108.902 -6.765
202006 -0.388 108.767 -0.475
202009 1.778 109.815 2.154
202012 1.325 109.897 1.604
202103 1.681 111.754 2.001
202106 5.793 114.631 6.723
202109 0.933 115.734 1.072
202112 0.679 117.630 0.768
202203 0.791 121.301 0.867
202206 -0.271 125.017 -0.288
202209 -0.456 125.227 -0.484
202212 0.340 125.222 0.361
202303 0.740 127.348 0.773
202306 0.550 128.729 0.568
202309 0.985 129.860 1.009
202312 0.503 129.419 0.517
202403 0.646 131.776 0.652
202406 0.411 132.554 0.412
202409 0.607 133.029 0.607

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  (NYSE:FSK) 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 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.
Executives
Elizabeth Sandler director 201 ROUSE BLVD, PHILADELPHIA PA 19112
Brian Gerson officer: President, other: Investment Committee Member C/O SOLAR CAPITAL LTD., 500 PARK AVENUE, NEW YORK NY 10022
Osagie O Imasogie director
Michael C. Forman director, officer: President and CEO CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Daniel Pietrzak officer: Chief Investment Officer 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Jerel A Hopkins director C/O FS INVESTMENT CORPORATION II, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Barbara Adams director 112 NORTH WOOSTOCK STREET, PHILADELPHIA PA 19103
Richard I Goldstein director C/O INTELLON CORPORATION, 5955 T.G. LEE BLVD., SUITE 600, ORLANDO FL 32822
James H Kropp director 701 WESTERN AVENUE, GLENDALE CA 91201
Brian R. Ford director 1 MILFORD WAY, MEDFORD NJ 08055
Todd C. Builione director, officer: President C/O KKR CREDIT ADVISORS (US) LLC, 9 WEST 57TH STREET, NEW YORK NY 10019
William Balke Goebel officer: Chief Financial Officer C/O FS INVESTMENT CORP., CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Stephen Sypherd officer: VP, Treasurer & Secretary C/O FRANKLIN SQUARE CAPITAL PARTNERS, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Steven C Lilly officer: Chief Financial Officer 1004 FARNAM STREET, SUITE 400, OMAHA NE 27511
Michael J Hagan director 555 EAST LANCASTER AVENUE, SUITE 640, RADNOR PA 19087

FS KKR Capital Headlines

From GuruFocus

FS KKR Capital Corp's Dividend Analysis

By GuruFocus Research 06-12-2024

Q1 2023 FS KKR Capital Corp Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q4 2021 FS KKR Capital Corp Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q2 2023 FS KKR Capital Corp Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q3 2024 FS KKR Capital Corp Earnings Call Transcript

By GuruFocus News 11-08-2024

Q2 2024 FS KKR Capital Corp Earnings Call Transcript

By GuruFocus Research 08-08-2024

Q3 2022 FS KKR Capital Corp Earnings Call Transcript

By GuruFocus Research 02-10-2024