FSSL (FS Specialty Lending Fund) Cyclically Adjusted PS Ratio: (As of Jun. 25, 2026)


FSSL FS Specialty Lending Fund FSSL
13 GF Score
Price $10.95
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What is FS Specialty Lending Fund Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


FS Specialty Lending Fund  (NYSE:FSSL) 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 Specialty Lending Fund Cyclically Adjusted PS Ratio Related Terms


FS Specialty Lending Fund Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for FS Specialty Lending Fund'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.

FS Specialty Lending Fund Cyclically Adjusted PS Ratio Chart

FS Specialty Lending Fund 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 0.00 0.00 0.00 0.00

FS Specialty Lending Fund Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25
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 0.00 0.00 0.00 0.00 0.00

FSSL vs MFIC, AWF, RPC: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, FS Specialty Lending Fund'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 Specialty Lending Fund Cyclically Adjusted PS Ratio vs Asset Management Industry

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

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


FSSL
13GF Score
FS Specialty Lending Fund FSSL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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FS Specialty Lending Fund 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 Specialty Lending Fund's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, FS Specialty Lending Fund's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/324.0540*324.0540
=0.000

Current CPI (Dec. 2025) = 324.0540.

FS Specialty Lending Fund Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 -6.104 236.525 -8.363
201603 -0.561 238.132 -0.763
201606 6.890 241.018 9.264
201609 2.149 241.428 2.884
201612 2.861 241.432 3.840
201703 0.635 243.801 0.844
201706 -1.934 244.955 -2.559
201709 0.870 246.819 1.142
201712 -1.313 246.524 -1.726
201803 -0.491 249.554 -0.638
201806 1.226 251.989 1.577
201809 1.252 252.439 1.607
201812 -2.656 251.233 -3.426
201903 1.515 254.202 1.931
201906 0.516 256.143 0.653
201909 -1.279 256.759 -1.614
201912 -1.165 256.974 -1.469
202003 -10.481 258.115 -13.159
202006 -1.414 257.797 -1.777
202009 -0.020 260.280 -0.025
202012 0.042 260.474 0.052
202103 1.945 264.877 2.380
202106 -0.240 271.696 -0.286
202109 0.886 274.310 1.047
202112 0.358 278.802 0.416
202203 2.599 287.504 2.929
202206 0.234 296.311 0.256
202209 -0.633 296.808 -0.691
202212 0.485 296.797 0.530
202303 -0.393 301.836 -0.422
202306 -0.258 305.109 -0.274
202309 -0.293 307.789 -0.308
202312 -0.428 306.746 -0.452
202403 0.300 312.332 0.311
202406 0.599 314.175 0.618
202409 0.234 315.301 0.240
202412 0.344 315.605 0.353
202503 0.499 319.799 0.506
202506 0.326 322.561 0.328
202512 0.000 324.054 0.000

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 Specialty Lending Fund Business Description

Address 3025 JFK Boulevard, OFC 500, Philadelphia, PA, USA, 19104
FS Specialty Lending Fund is a United States-based externally managed, non-diversified, closed-end management investment company. The company's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation by investing mainly in private and public credit in a broad set of industries, sectors, and sub-sectors. Its investment policy is to invest mainly in a portfolio of secured and unsecured floating and fixed-rate loans, bonds, and other types of credit instruments, which, under normal circumstances, will represent at least eighty percent of the Company's total assets.
13GF Score

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

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