Oaktree Specialty Lending (STU:FFC) Cyclically Adjusted PS Ratio: (As of Aug. 06, 2026)

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Director of Data and Quant Analytics at GuruFocus
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STU:FFC Oaktree Specialty Lending Corp STU:FFC
55 GF Score
Price €10.41
GF Value €11.51
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Oaktree Specialty Lending Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Oaktree Specialty Lending  (STU:FFC) 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.


Oaktree Specialty Lending Cyclically Adjusted PS Ratio Related Terms


Oaktree Specialty Lending Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Oaktree Specialty 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.

Oaktree Specialty Lending Cyclically Adjusted PS Ratio Chart

Oaktree Specialty Lending Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.77 13.31 16.77 16.90 13.77

Oaktree Specialty 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 14.96 13.77 11.55 10.50 0.00

STU:FFC vs CHY, ETW, CHI: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Oaktree Specialty 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.


Oaktree Specialty Lending Cyclically Adjusted PS Ratio vs Asset Management Industry

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

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


STU:FFC
55GF Score
Oaktree Specialty Lending Corp STU:FFC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oaktree Specialty 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.

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

For example, Oaktree Specialty 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)
=0.34/333.9520*333.9520
=0.340

Current CPI (Jun. 2026) = 333.9520.

Oaktree Specialty Lending Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.008 241.428 0.011
201612 -1.426 241.432 -1.972
201703 0.238 243.801 0.326
201706 -0.060 244.955 -0.082
201709 -2.157 246.819 -2.918
201712 -0.466 246.524 -0.631
201803 0.381 249.554 0.510
201806 0.451 251.989 0.598
201809 0.663 252.439 0.877
201812 0.547 251.233 0.727
201903 1.097 254.202 1.441
201906 0.427 256.143 0.557
201909 0.328 256.759 0.427
201912 0.401 256.974 0.521
202003 -3.133 258.115 -4.054
202006 2.303 257.797 2.983
202009 1.304 260.280 1.673
202012 1.183 260.474 1.517
202103 1.568 264.877 1.977
202106 0.696 271.696 0.855
202109 0.551 274.310 0.671
202112 0.620 278.802 0.743
202203 0.236 287.504 0.274
202206 -0.554 296.311 -0.624
202209 0.282 296.808 0.317
202212 0.226 296.797 0.254
202303 0.301 301.836 0.333
202306 0.454 305.109 0.497
202309 0.595 307.789 0.646
202312 0.139 306.746 0.151
202403 0.118 312.332 0.126
202406 -0.010 314.175 -0.011
202409 0.399 315.301 0.423
202412 0.036 315.605 0.038
202503 -0.433 319.799 -0.452
202506 0.358 322.561 0.371
202509 0.248 324.800 0.255
202512 0.084 324.054 0.087
202603 -0.150 330.213 -0.152
202606 0.340 333.952 0.340

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.

Is Oaktree Specialty Lending (STU:FFC) Overvalued in 2026?

Based on GuruFocus' analysis, Oaktree Specialty Lending stock appears to be undervalued. The current stock price of €10.41 is trading 9.6% below its estimated GF Value™ of €11.51. GuruFocus considers Oaktree Specialty Lending to be Modestly Undervalued.

Key valuation signals for STU:FFC:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €11.51 vs. price of €10.41 (9.6% below fair value)
  • GF Score™: 55/100 with 4 warning signs

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


Oaktree Specialty Lending Business Description

Other Exchanges OCSL:USAFFC:Germany
Address 333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071
Oaktree Specialty Lending Corp is a specialty finance company. The company provides lending services and invests in small and mid-sized companies. The company's investment objective is to maximize its portfolio's total return by generating current income from debt investments, and to a lesser extent, capital appreciation from equity investments. The company provides customized, one-stop credit solutions to companies with limited access to public or syndicated capital markets. The company operates as a single reportable segment and derives revenues from investing in originated loans and other securities, including broadly syndicated loans, of U.S. private companies and manages the business on a consolidated basis.
55GF Score

Get the complete analysis for STU:FFC

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

€10.41
Price
€11.51
GF Value