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Oaktree Specialty Lending (STU:FFC) Cyclically Adjusted PS Ratio : 18.93 (As of May. 15, 2024)


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What is Oaktree Specialty Lending Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Oaktree Specialty Lending's current share price is €19.50. Oaktree Specialty Lending's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €1.03. Oaktree Specialty Lending's Cyclically Adjusted PS Ratio for today is 18.93.

The historical rank and industry rank for Oaktree Specialty Lending's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:FFC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.77   Med: 13.38   Max: 19.23
Current: 18.52

During the past years, Oaktree Specialty Lending's highest Cyclically Adjusted PS Ratio was 19.23. The lowest was 4.77. And the median was 13.38.

STU:FFC's Cyclically Adjusted PS Ratio is ranked worse than
89.3% of 374 companies
in the Credit Services industry
Industry Median: 2.995 vs STU:FFC: 18.52

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.

Oaktree Specialty Lending's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.118. 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 €1.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oaktree Specialty Lending Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Oaktree Specialty Lending Cyclically Adjusted PS Ratio Chart

Oaktree Specialty Lending Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.36 11.60 13.73 13.26 16.71

Oaktree Specialty Lending 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 15.13 15.98 16.71 18.29 18.86

Competitive Comparison of Oaktree Specialty Lending's Cyclically Adjusted PS Ratio

For the Credit Services 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's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services 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.



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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.50/1.03
=18.93

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

For example, Oaktree Specialty Lending'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)
=0.118/129.4194*129.4194
=0.118

Current CPI (Mar. 2024) = 129.4194.

Oaktree Specialty Lending Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.349 100.560 0.449
201409 0.465 100.428 0.599
201412 -0.366 99.070 -0.478
201503 0.502 99.621 0.652
201506 0.395 100.684 0.508
201509 0.005 100.392 0.006
201512 -0.938 99.792 -1.216
201603 0.192 100.470 0.247
201606 -0.025 101.688 -0.032
201609 0.008 101.861 0.010
201612 -1.426 101.863 -1.812
201703 0.238 102.862 0.299
201706 -0.060 103.349 -0.075
201709 -2.157 104.136 -2.681
201712 -0.466 104.011 -0.580
201803 0.381 105.290 0.468
201806 0.451 106.317 0.549
201809 0.663 106.507 0.806
201812 0.547 105.998 0.668
201903 1.097 107.251 1.324
201906 0.427 108.070 0.511
201909 0.328 108.329 0.392
201912 0.401 108.420 0.479
202003 -3.133 108.902 -3.723
202006 2.303 108.767 2.740
202009 1.304 109.815 1.537
202012 1.183 109.897 1.393
202103 1.568 111.754 1.816
202106 0.696 114.631 0.786
202109 0.551 115.734 0.616
202112 0.620 117.630 0.682
202203 0.236 121.301 0.252
202206 -0.554 125.017 -0.574
202209 0.282 125.227 0.291
202212 0.226 125.222 0.234
202303 0.301 127.348 0.306
202306 0.454 128.729 0.456
202309 0.595 129.860 0.593
202312 0.139 129.419 0.139
202403 0.118 129.419 0.118

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.


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

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


Oaktree Specialty Lending (STU:FFC) Business Description

Traded in Other Exchanges
Address
333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071
Oaktree Specialty Lending Corp is a specialty finance company. It 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. Its investments generally range in size from ten million dollars to hundred million dollars and are principally in the form of the first lien, second lien, or collectively, senior secured, and subordinated debt investments, which may also include an equity component made in connection with investments by private equity sponsors.