OXSQ (Oxford Square Capital) Cyclically Adjusted PS Ratio: 5.02 (As of Jul. 20, 2026) — 26% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OXSQ Oxford Square Capital Corp OXSQ
28 GF Score
Price $1.46
! 1 Warning Sign
View Full Analysis

What is Oxford Square Capital Cyclically Adjusted PS Ratio?

Oxford Square Capital OXSQ +0.34% 28 Cyclically Adjusted PS Ratio is 5.02 as of Jul. 20, 2026, which is 26% below its 10-year median of 6.77. GuruFocus rates OXSQ with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 904 Asset Management companies, Oxford Square Capital ranks better than 65.82% on this metric.

As of today (2026-07-20), Oxford Square Capital's current share price is $1.455. Oxford Square Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.29. Oxford Square Capital's Cyclically Adjusted PS Ratio for today is 5.02.

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

OXSQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.8   Med: 6.77   Max: 23.23
Current: 4.92

During the past years, Oxford Square Capital's highest Cyclically Adjusted PS Ratio was 23.23. The lowest was 2.80. And the median was 6.77.

OXSQ's Cyclically Adjusted PS Ratio is ranked better than
65.82% of 904 companies
in the Asset Management industry
Industry Median: 7.63 vs OXSQ: 4.92

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.

Oxford Square Capital's adjusted revenue per share data for the three months ended in Mar. 2026 was $-0.278. 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 $0.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oxford Square Capital  (NAS:OXSQ) 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.


Oxford Square Capital Cyclically Adjusted PS Ratio Related Terms


Oxford Square Capital Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Oxford Square 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.

Oxford Square Capital Cyclically Adjusted PS Ratio Chart

Oxford Square Capital 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 6.54 11.92 16.40 12.99 6.15

Oxford Square Capital 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 19.05 18.22 8.96 6.15 6.01

OXSQ vs GGZ, DMO, WEA: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Oxford Square 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.


Oxford Square Capital Cyclically Adjusted PS Ratio vs Asset Management Industry

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

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


OXSQ
28GF Score
Oxford Square Capital Corp OXSQ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oxford Square 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.

Oxford Square Capital's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.455/0.29
=5.02

* 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.

Oxford Square Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Oxford Square Capital'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)
=-0.278/330.2130*330.2130
=-0.278

Current CPI (Mar. 2026) = 330.2130.

Oxford Square Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.820 241.018 1.123
201609 0.775 241.428 1.060
201612 0.659 241.432 0.901
201703 0.235 243.801 0.318
201706 0.185 244.955 0.249
201709 0.163 246.819 0.218
201712 0.345 246.524 0.462
201803 0.240 249.554 0.318
201806 0.158 251.989 0.207
201809 0.152 252.439 0.199
201812 -0.688 251.233 -0.904
201903 0.287 254.202 0.373
201906 -0.134 256.143 -0.173
201909 -0.675 256.759 -0.868
201912 -0.078 256.974 -0.100
202003 -1.594 258.115 -2.039
202006 0.435 257.797 0.557
202009 0.439 260.280 0.557
202012 0.817 260.474 1.036
202103 0.465 264.877 0.580
202106 0.155 271.696 0.188
202109 0.246 274.310 0.296
202112 0.018 278.802 0.021
202203 -0.146 287.504 -0.168
202206 -0.854 296.311 -0.952
202209 -0.197 296.808 -0.219
202212 -0.438 296.797 -0.487
202303 0.145 301.836 0.159
202306 0.253 305.109 0.274
202309 0.151 307.789 0.162
202312 -0.100 306.746 -0.108
202403 -0.010 312.332 -0.011
202406 0.099 314.175 0.104
202409 0.004 315.301 0.004
202412 0.063 315.605 0.066
202503 -0.101 319.799 -0.104
202506 0.075 322.561 0.077
202509 -0.011 324.800 -0.011
202512 -0.140 324.054 -0.143
202603 -0.278 330.213 -0.278

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 5.02 mean?
Oxford Square Capital (OXSQ) has a Cyclically Adjusted PS Ratio of 5.02 as of Jul. 20, 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 Oxford Square Capital and its competitors. This is 26% below median its historical median of 6.77. Over the past decade, Oxford Square Capital's Cyclically Adjusted PS Ratio has ranged from 2.80 to 23.23. According to the industry distribution chart, Oxford Square Capital ranks #309 out of 904 companies in the Asset Management industry, placing it in the top 34.2%.
Is Oxford Square Capital's Cyclically Adjusted PS Ratio too high?
Oxford Square Capital's current Cyclically Adjusted PS Ratio of 5.02 is 26% below median its 10-year median of 6.77. Over the past 10 years, this metric has ranged from a low of 2.80 to a high of 23.23. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.63. Oxford Square Capital's value of 5.02 is 34.2% below this industry median. Based on the distribution chart, Oxford Square Capital ranks #309 out of 904 companies in the Asset Management industry, which is above the industry midpoint. Overall, Oxford Square Capital has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Oxford Square Capital's Cyclically Adjusted PS Ratio compare to GGZ and DMO?
According to the Asset Management industry distribution chart, Oxford Square Capital ranks #309 out of 904 companies for Cyclically Adjusted PS Ratio. This puts Oxford Square Capital in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.63. Oxford Square Capital's value of 5.02 is 34.2% below this benchmark. Historically, Oxford Square Capital's own Cyclically Adjusted PS Ratio has ranged from 2.80 to 23.23 over the past decade. While the company's 10-year median is 6.77 vs. the industry median of 7.63, Oxford Square Capital 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 7.63, based on 904 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. Oxford Square Capital's current Cyclically Adjusted PS Ratio of 5.02 is 34.2% 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 Oxford Square Capital and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oxford Square Capital's current Cyclically Adjusted PS Ratio is 5.02, which is 26% below median its own 10-year median of 6.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oxford Square Capital stock overvalued right now?
Oxford Square Capital (OXSQ) has a current Cyclically Adjusted PS Ratio of 5.02. The current Cyclically Adjusted PS Ratio is 5.02, which is 26% below median its 10-year median of 6.77 and 34.2% below the Asset Management industry median of 7.63. Oxford Square Capital's overall GF Score™ is 28/100 with 1 warning sign 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 Oxford Square Capital (OXSQ), the current Cyclically Adjusted PS Ratio is 5.02 as of Jul. 20, 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.

Oxford Square Capital Business Description

Other Exchanges 22T:Germany
Address 8 Sound Shore Drive, Suite 255, Greenwich, CT, USA, 06830
Oxford Square Capital Corp is a closed-end, non-diversified management investment company. Its investment objective is to maximize portfolio's total return. Its primary current focus is to seek an attractive risk-adjusted total return by investing in corporate debt securities and, to a lesser extent collateralized loan obligation (CLO) structured finance investments that own corporate debt securities. CLO investments may also include warehouse facilities, which are early-stage CLO vehicles intended to aggregate loans that may be used to form the basis of a traditional CLO vehicle. The company may also invest in publicly traded debt and/or equity securities.
28GF Score

Get the complete analysis for OXSQ

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

$1.46
Price