PennantPark Floating Rate Capital (LTS:0KH0) E10: $1.01 (As of Jun. 2026)

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.

LTS:0KH0 PennantPark Floating Rate Capital Ltd LTS:0KH0
53 GF Score
Price $7.37
GF Value $6.02
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is PennantPark Floating Rate Capital E10?

PennantPark Floating Rate Capital LTS:0KH0 +0.68% 53 E10 is $1.01 as of Jun. 2026. GuruFocus rates LTS:0KH0 with a GF Score™ of 53/100 and a GF Value™ of $6.02 (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 P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

PennantPark Floating Rate Capital's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.01 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was -2.20% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of PennantPark Floating Rate Capital was -2.20% per year. The lowest was -5.50% per year. And the median was -3.85% per year.

As of today (2026-08-20), PennantPark Floating Rate Capital's current stock price is $7.37. PennantPark Floating Rate Capital's E10 for the quarter that ended in Jun. 2026 was $1.01. PennantPark Floating Rate Capital's Shiller PE Ratio of today is 7.30.

During the past 13 years, the highest Shiller PE Ratio of PennantPark Floating Rate Capital was 12.22. The lowest was 6.86. And the median was 10.42.


PennantPark Floating Rate Capital  (LTS:0KH0) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

PennantPark Floating Rate Capital's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.37/1.01
=7.30

* 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 Shiller P/E Ratio of PennantPark Floating Rate Capital was 12.22. The lowest was 6.86. And the median was 10.42.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


PennantPark Floating Rate Capital E10 Related Terms


PennantPark Floating Rate Capital E10 Historical Data

* Premium members only.

The historical data trend for PennantPark Floating Rate Capital's E10 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 E10 Chart

PennantPark Floating Rate Capital Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.11 1.05 1.03 1.03

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
E10 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 1.00 1.03 1.01 1.05 1.01

LTS:0KH0 vs OIO, DLY, ACGP: E10 Comparison

For the Asset Management subindustry, PennantPark Floating Rate Capital's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Asset Management Industry

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

* The bar in red indicates where PennantPark Floating Rate Capital's Shiller PE Ratio falls into.


LTS:0KH0
53GF Score
PennantPark Floating Rate Capital Ltd LTS:0KH0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PennantPark Floating Rate Capital E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.08/333.9520*333.9520
=0.080

Current CPI (Jun. 2026) = 333.9520.

PennantPark Floating Rate Capital Quarterly Data

per share eps CPI Adj_EPS
201609 0.590 241.428 0.816
201612 0.330 241.432 0.456
201703 0.250 243.801 0.342
201706 0.290 244.955 0.395
201709 0.340 246.819 0.460
201712 0.050 246.524 0.068
201803 0.400 249.554 0.535
201806 0.130 251.989 0.172
201809 0.280 252.439 0.370
201812 0.130 251.233 0.173
201903 -0.140 254.202 -0.184
201906 0.117 256.143 0.153
201909 0.190 256.759 0.247
201912 0.260 256.974 0.338
202003 -0.540 258.115 -0.699
202006 0.320 257.797 0.415
202009 0.430 260.280 0.552
202012 0.670 260.474 0.859
202103 0.300 264.877 0.378
202106 0.380 271.696 0.467
202109 0.110 274.310 0.134
202112 0.370 278.802 0.443
202203 0.180 287.504 0.209
202206 -0.120 296.311 -0.135
202209 -0.340 296.808 -0.383
202212 -0.040 296.797 -0.045
202303 0.150 301.836 0.166
202306 0.110 305.109 0.120
202309 0.480 307.789 0.521
202312 0.380 306.746 0.414
202403 0.510 312.332 0.545
202406 0.250 314.175 0.266
202409 0.290 315.301 0.307
202412 0.350 315.605 0.370
202503 0.010 319.799 0.010
202506 0.190 322.561 0.197
202509 0.180 324.800 0.185
202512 -0.040 324.054 -0.041
202603 0.290 330.213 0.293
202606 0.080 333.952 0.080

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $1.01 mean?
PennantPark Floating Rate Capital (LTS:0KH0) has a E10 of $1.01 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PennantPark Floating Rate Capital and its competitors.
Is PennantPark Floating Rate Capital's E10 too high?
PennantPark Floating Rate Capital's current E10 is $1.01. Overall, PennantPark Floating Rate Capital has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PennantPark Floating Rate Capital's E10 compare to OIO and DLY?
PennantPark Floating Rate Capital's E10 of $1.01 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 E10 for an Asset Management company?
A good E10 depends on the Asset Management industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PennantPark Floating Rate Capital and its competitors. PennantPark Floating Rate Capital's current E10 is $1.01. 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 (LTS:0KH0) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.02, compared to a current price of $7.37 — trading 22.4% above its estimated fair value. The current E10 is $1.01. PennantPark Floating Rate Capital's overall GF Score™ is 53/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For PennantPark Floating Rate Capital (LTS:0KH0), the current E10 is $1.01 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 (LTS:0KH0) Overvalued in 2026?

Based on GuruFocus' analysis, PennantPark Floating Rate Capital stock appears to be overvalued. The current stock price of $7.37 is trading 22.4% above its estimated GF Value™ of $6.02. GuruFocus considers PennantPark Floating Rate Capital to be Modestly Overvalued.

Key valuation signals for LTS:0KH0:

  • E10: $1.01
  • GF Value™: $6.02 vs. price of $7.37 (22.4% above fair value)
  • GF Score™: 53/100 with 7 warning signs

No single metric tells the full story. See the LTS:0KH0 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:USA22P: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.
53GF Score

Get the complete analysis for LTS:0KH0

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.37
Price
$6.02
GF Value