This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. PennantPark Floating Rate Capital's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.161. PennantPark Floating Rate Capital's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.
As of today (2024-04-23), PennantPark Floating Rate Capital's share price is $11.54. PennantPark Floating Rate Capital's Median PS Value is $0.00. Therefore, PennantPark Floating Rate Capital's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for PennantPark Floating Rate Capital's Median PS Value or its related term are showing as below:
During the past 13 years, the highest Price to Median PS Value of PennantPark Floating Rate Capital was 2.87. The lowest was 1.43. And the median was 2.15.
PFLT's Price-to-Median-PS-Value is not ranked *
in the Asset Management industry.
Industry Median: 0.91 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
PennantPark Floating Rate Capital Median PS Value Historical Data
The historical data trend for PennantPark Floating Rate Capital's Median PS Value 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.
For the Asset Management subindustry, PennantPark Floating Rate Capital's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution
For the Asset Management industry and Financial Services sector, PennantPark Floating Rate Capital's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where PennantPark Floating Rate Capital's Price-to-Median-PS-Value falls into.
PennantPark Floating Rate Capital Median PS Value Calculation
PennantPark Floating Rate Capital's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.
PennantPark Floating Rate Capital's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.161.
* 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 (NYSE:PFLT) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
PennantPark Floating Rate Capital's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
11.54
/
0.00
=
* 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 Median PS Value Related Terms
Thank you for viewing the detailed overview of PennantPark Floating Rate Capital's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
PennantPark Floating Rate Capital (PennantPark Floating Rate Capital) Business Description
PennantPark Floating Rate Capital Ltd is a closed-end, externally managed, non-diversified investment company. Its investment objectives are to generate 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 generate revenue in the form of interest income on the debt securities and dividends.
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