PennantPark Floating Rate Capital (HAM:22P) Cyclically Adjusted Revenue per Share: €1.07 (As of Jun. 2026)

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HAM:22P PennantPark Floating Rate Capital Ltd HAM:22P
50 GF Score
Price €6.28
GF Value €5.13
Valuation Modestly Overvalued
! 7 Warning Signs
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What is PennantPark Floating Rate Capital Cyclically Adjusted Revenue per Share?

PennantPark Floating Rate Capital HAM:22P +1.62% 50 Cyclically Adjusted Revenue per Share is €1.07 as of Jun. 2026. GuruFocus rates HAM:22P with a GF Score™ of 50/100 and a GF Value™ of €5.13 (Modestly Overvalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

PennantPark Floating Rate Capital's adjusted revenue per share for the three months ended in Jun. 2026 was €0.078. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €1.07 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PennantPark Floating Rate Capital's average Cyclically Adjusted Revenue Growth Rate was -2.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of PennantPark Floating Rate Capital was -2.80% per year. The lowest was -4.70% per year. And the median was -3.75% per year.

As of today (2026-08-20), PennantPark Floating Rate Capital's current stock price is €6.28. PennantPark Floating Rate Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €1.07. PennantPark Floating Rate Capital's Cyclically Adjusted PS Ratio of today is 5.87.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PennantPark Floating Rate Capital was 9.89. The lowest was 5.62. And the median was 8.46.


PennantPark Floating Rate Capital  (HAM:22P) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

PennantPark Floating Rate Capital's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6.28/1.07
=5.87

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PennantPark Floating Rate Capital was 9.89. The lowest was 5.62. And the median was 8.46.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


PennantPark Floating Rate Capital Cyclically Adjusted Revenue per Share Related Terms


PennantPark Floating Rate Capital Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for PennantPark Floating Rate Capital's Cyclically Adjusted Revenue per Share 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.

PennantPark Floating Rate Capital Cyclically Adjusted Revenue per Share Chart

PennantPark Floating Rate Capital Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

PennantPark Floating Rate Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 1.03 1.09 1.07

HAM:22P vs OIO, DLY, ACGP: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, PennantPark Floating Rate 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.


PennantPark Floating Rate Capital Cyclically Adjusted PS Ratio vs Asset Management Industry

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

* The bar in red indicates where PennantPark Floating Rate Capital's Cyclically Adjusted PS Ratio falls into.


HAM:22P
50GF Score
PennantPark Floating Rate Capital Ltd HAM:22P
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PennantPark Floating Rate Capital Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, PennantPark Floating Rate Capital'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)
=0.078/333.9520*333.9520
=0.078

Current CPI (Jun. 2026) = 333.9520.

PennantPark Floating Rate Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.554 241.428 0.766
201612 0.347 241.432 0.480
201703 0.264 243.801 0.362
201706 0.294 244.955 0.401
201709 0.313 246.819 0.423
201712 0.323 246.524 0.438
201803 0.354 249.554 0.474
201806 0.139 251.989 0.184
201809 0.272 252.439 0.360
201812 0.241 251.233 0.320
201903 -0.103 254.202 -0.135
201906 0.125 256.143 0.163
201909 0.195 256.759 0.254
201912 0.256 256.974 0.333
202003 -0.468 258.115 -0.606
202006 0.312 257.797 0.404
202009 0.395 260.280 0.507
202012 0.571 260.474 0.732
202103 0.270 264.877 0.340
202106 0.324 271.696 0.398
202109 0.161 274.310 0.196
202112 0.383 278.802 0.459
202203 0.274 287.504 0.318
202206 -0.096 296.311 -0.108
202209 -0.296 296.808 -0.333
202212 0.010 296.797 0.011
202303 0.094 301.836 0.104
202306 0.134 305.109 0.147
202309 0.470 307.789 0.510
202312 0.378 306.746 0.412
202403 0.501 312.332 0.536
202406 0.254 314.175 0.270
202409 0.391 315.301 0.414
202412 0.347 315.605 0.367
202503 0.034 319.799 0.036
202506 0.215 322.561 0.223
202509 0.178 324.800 0.183
202512 -0.012 324.054 -0.012
202603 0.293 330.213 0.296
202606 0.078 333.952 0.078

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €1.07 mean?
PennantPark Floating Rate Capital (HAM:22P) has a Cyclically Adjusted Revenue per Share of €1.07 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on PennantPark Floating Rate Capital and its competitors.
Is PennantPark Floating Rate Capital's Cyclically Adjusted Revenue per Share too high?
PennantPark Floating Rate Capital's current Cyclically Adjusted Revenue per Share is €1.07. Overall, PennantPark Floating Rate Capital has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PennantPark Floating Rate Capital's Cyclically Adjusted Revenue per Share compare to OIO and DLY?
PennantPark Floating Rate Capital's Cyclically Adjusted Revenue per Share of €1.07 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on PennantPark Floating Rate Capital and its competitors. PennantPark Floating Rate Capital's current Cyclically Adjusted Revenue per Share is €1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PennantPark Floating Rate Capital stock overvalued right now?
Based on GuruFocus' analysis, PennantPark Floating Rate Capital (HAM:22P) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.13, compared to a current price of €6.28 — trading 22.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €1.07. PennantPark Floating Rate Capital's overall GF Score™ is 50/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For PennantPark Floating Rate Capital (HAM:22P), the current Cyclically Adjusted Revenue per Share is €1.07 as of Jun. 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.

Is PennantPark Floating Rate Capital (HAM:22P) Overvalued in 2026?

Based on GuruFocus' analysis, PennantPark Floating Rate Capital stock appears to be overvalued. The current stock price of €6.28 is trading 22.4% above its estimated GF Value™ of €5.13. GuruFocus considers PennantPark Floating Rate Capital to be Modestly Overvalued.

Key valuation signals for HAM:22P:

  • Cyclically Adjusted Revenue per Share: €1.07
  • GF Value™: €5.13 vs. price of €6.28 (22.4% above fair value)
  • GF Score™: 50/100 with 7 warning signs

No single metric tells the full story. See the HAM:22P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PennantPark Floating Rate Capital Business Description

Other Exchanges PFLT:USA0KH0:UK22P:Germany
Address 1691 Michigan Avenue, Miami Beach, FL, USA, 33139
PennantPark Floating Rate Capital Ltd is a closed-end, externally managed, non-diversified investment company. Its investment objectives are to generate both current income and capital appreciation by investing in Floating Rate Loans and other investments made to U.S. middle-market companies. The company believes that Floating Rate Loans to U.S. middle-market companies offer attractive risk-reward to investors due to the limited amount of capital available for such companies and the potential for rising interest rates. The company generates revenue in the form of interest income on the debt securities and dividends.
50GF Score

Get the complete analysis for HAM:22P

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

€6.28
Price
€5.13
GF Value