Capital SouthwestCSWC +0.78%57 PE Ratio without NRI is 12.17 as of Jun. 25, 2026, which is 4% below its 10-year median of 12.74. GuruFocus rates CSWC with a GF Score™ of 57/100 and a GF Value™ of $25.51 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,203 Asset Management companies, Capital Southwest ranks worse than 52.04% on this metric.
The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-06-25), Capital Southwest's share price is $23.12.
Capital Southwest's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $1.90. Therefore, Capital Southwest's PE Ratio without NRI for today is 12.17.
During the past 13 years, Capital Southwest's highest PE Ratio without NRI was 28.29. The lowest was 6.48. And the median was 12.74.
Capital Southwest's EPS (Basic) for the
three
months ended in Mar. 2026 was $0.46.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.99.
Capital Southwest (NAS:CSWC) PE Ratio without NRI Explanation
The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.
If a company loses money, the PE Ratio becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.
Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.
Capital Southwest PE Ratio without NRI Related Terms
Capital Southwest PE Ratio without NRI Historical Data
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The historical data trend for Capital Southwest's PE Ratio without NRI 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.
CSWC vs BTT, HYT, NFJ: PE Ratio without NRI Comparison
For the Asset Management subindustry, Capital Southwest's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.
Capital Southwest PE Ratio without NRI vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Capital Southwest's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Capital Southwest's PE Ratio without NRI falls into.
Capital Southwest PE Ratio without NRI Calculation
The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.
Capital Southwest's Share Price of today is $23.12.
Capital Southwest's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.90.
* 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.
There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.
For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Capital Southwest (CSWC) has a PE Ratio without NRI of 12.17 as of Jun. 25, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Capital Southwest and its competitors. This is near median its historical median of 12.74. Over the past decade, Capital Southwest's PE Ratio without NRI has ranged from 6.48 to 28.29. According to the industry distribution chart, Capital Southwest ranks #626 out of 1203 companies in the Asset Management industry, placing it in the top 52%.
Is Capital Southwest's PE Ratio without NRI too high?
Capital Southwest's current PE Ratio without NRI of 12.17 is near median its 10-year median of 12.74. Over the past 10 years, this metric has ranged from a low of 6.48 to a high of 28.29. The Asset Management industry median PE Ratio without NRI is 11.64. Capital Southwest's value of 12.17 is 4.6% above this industry median. Based on the distribution chart, Capital Southwest ranks #626 out of 1203 companies in the Asset Management industry, which is below the industry midpoint. Overall, Capital Southwest has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Capital Southwest's PE Ratio without NRI compare to BTT and HYT?
According to the Asset Management industry distribution chart, Capital Southwest ranks #626 out of 1203 companies for PE Ratio without NRI. This places Capital Southwest in the lower half of its industry. The industry median PE Ratio without NRI is 11.64. Capital Southwest's value of 12.17 is 4.6% above this benchmark. Historically, Capital Southwest's own PE Ratio without NRI has ranged from 6.48 to 28.29 over the past decade. While the company's 10-year median is 12.74 vs. the industry median of 11.64, Capital Southwest has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio without NRI for an Asset Management company?
The median PE Ratio without NRI among Asset Management companies is 11.64, based on 1,203 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Capital Southwest's current PE Ratio without NRI of 12.17 is 4.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Capital Southwest and its competitors. For the Asset Management industry, the median PE Ratio without NRI is 11.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Southwest's current PE Ratio without NRI is 12.17, which is near median its own 10-year median of 12.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Southwest stock overvalued right now?
Based on GuruFocus' analysis, Capital Southwest (CSWC) is currently considered Fairly Valued. The stock's GF Value™ is $25.51, compared to a current price of $23.12 — trading 9.4% below its estimated fair value. The current PE Ratio without NRI is 12.17, which is near median its 10-year median of 12.74 and 4.6% above the Asset Management industry median of 11.64. Capital Southwest's overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Capital Southwest (CSWC), the current PE Ratio without NRI is 12.17 as of Jun. 25, 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 Capital Southwest (CSWC) Overvalued in 2026?
Based on GuruFocus' analysis, Capital Southwest stock appears to be undervalued.
The current stock price of $23.12 is trading 9.4% below its estimated GF Value™ of $25.51.
GuruFocus considers Capital Southwest to be Fairly Valued.
Key valuation signals for CSWC:
PE Ratio without NRI: 12.17 (near median its 10-year median of 12.74)
GF Value™: $25.51 vs. price of $23.12 (9.4% below fair value)
Industry Position: 4.6% above the Asset Management median (#626 of 1203)
No single metric tells the full story. See the CSWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capital Southwest Corp is a U.S.-based investment company that specializes in providing customized financing to middle market companies across various industries. The company's investment objective is to produce attractive risk-adjusted returns by generating current income from debt investments and capital appreciation from equity and equity related investments. It focuses on providing flexible financing solutions through partnerships with business owners, management teams, and financial sponsors. The company's portfolio may include senior debt, second lien, and subordinated debt, preferred stocks, common stocks, and warrants. The primary source of revenue comprises interest income and dividend income from investments made as well as management fees.
57GF Score
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