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Blackstone Senior Floating Rate Term Fund (NYSE:BSL) PB Ratio

: 0.92 (As of Today)
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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2023-02-05), Blackstone Senior Floating Rate Term Fund's share price is $13.16. Blackstone Senior Floating Rate Term Fund's Book Value per Share for the quarter that ended in Jun. 2022 was $14.32. Hence, Blackstone Senior Floating Rate Term Fund's PB Ratio of today is 0.92.

The historical rank and industry rank for Blackstone Senior Floating Rate Term Fund's PB Ratio or its related term are showing as below:

BSL' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.99   Max: 1.06
Current: 0.92

During the past 6 years, Blackstone Senior Floating Rate Term Fund's highest PB Ratio was 1.06. The lowest was 0.65. And the median was 0.99.

BSL's PB Ratio is ranked better than
59.14% of 1679 companies
in the Asset Management industry
Industry Median: 0.96 vs BSL: 0.92

During the past 12 months, Blackstone Senior Floating Rate Term Fund's average Book Value Per Share Growth Rate was 2.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.00% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Blackstone Senior Floating Rate Term Fund was -0.50% per year. The lowest was -3.30% per year. And the median was -2.30% per year.

Back to Basics: PB Ratio


Blackstone Senior Floating Rate Term Fund PB Ratio Historical Data

The historical data trend for Blackstone Senior Floating Rate Term Fund's PB 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.

Blackstone Senior Floating Rate Term Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PB Ratio
Premium Member Only 1.02 0.93 0.98 0.90 1.06

Blackstone Senior Floating Rate Term Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 0.90 0.99 1.06 0.93

Competitive Comparison

For the Asset Management subindustry, Blackstone Senior Floating Rate Term Fund's PB Ratio, along with its competitors' market caps and PB 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.

   

Blackstone Senior Floating Rate Term Fund PB Ratio Distribution

For the Asset Management industry and Financial Services sector, Blackstone Senior Floating Rate Term Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Blackstone Senior Floating Rate Term Fund's PB Ratio falls in comparison to its industry or sector. The grey bar indicates the PB Ratio's extreme value range as defined by GuruFocus.



Blackstone Senior Floating Rate Term Fund PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Blackstone Senior Floating Rate Term Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2022)
=13.16/14.317
=0.92

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Blackstone Senior Floating Rate Term Fund  (NYSE:BSL) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Blackstone Senior Floating Rate Term Fund PB Ratio Related Terms

Thank you for viewing the detailed overview of Blackstone Senior Floating Rate Term Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackstone Senior Floating Rate Term Fund (NYSE:BSL) Business Description

Blackstone Senior Floating Rate Term Fund logo
Traded in Other Exchanges
N/A
Address
345 Park Avenue, 31st Floor, New York, NY, USA, 10154
Blackstone Senior Floating Rate Term Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek high current income, with a secondary objective to seek preservation of capital, consistent with its primary goal of high current income. The fund invests at least 80% of its Managed Assets in senior, secured floating rate loans. It also invests in second-lien loans and high yield bonds and employs financial leverage, which may increase the risk to the Fund.
Executives
William J Renahan officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Gregory Roppa officer: CFO & Treasurer 601 LEXINGTON AVENUE, NEW YORK NY 10022
Jane Siebels director 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Valerie Naratil officer: Public Relations Officer 345 PARK AVENUE, NEW YORK NY 10154
Robert Post other: Portfolio Manager C/O GSO/BLACKSTONE DEBT FUNDS MGMT, LLC, 345 PARK AVE 31ST FLOOR, NEW YORK NY 10154
Robert W Busch officer: CFO & Treasurer C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019
Dohyun (doris) Lee-silvestri officer: Chief Financial Officer C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019
Robert Zable officer: See Remarks, other: See Remarks 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Gordon Mckemie other: Portfolio Manager C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
Gary S Schpero other: Trustee 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Smith Daniel Harlan Jr. officer: CEO, President, other: Trustee, Chairman 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Marisa Janel Beeney officer: CCO, Chief Legal Officer,Sec. 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Lee Michael Shaiman officer: Exec. VP, Assistant Secretary C/O INVESTCORP CREDIT MANAGEMENT BDC INC, 280 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10017
John O'neill other: Trustee 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Metropolitan Life Insurance Co/ny 10 percent owner 200 PARK AVENUE, NEW YORK NY 10166

Blackstone Senior Floating Rate Term Fund (NYSE:BSL) Headlines

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