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Franklin BSP Lending (Franklin BSP Lending) Shiller PE Ratio : 22.44 (As of May. 06, 2024)


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What is Franklin BSP Lending Shiller PE Ratio?

As of today (2024-05-06), Franklin BSP Lending's current share price is $10.10. Franklin BSP Lending's E10 for the quarter that ended in Sep. 2023 was $0.45. Franklin BSP Lending's Shiller PE Ratio for today is 22.44.

The historical rank and industry rank for Franklin BSP Lending's Shiller PE Ratio or its related term are showing as below:

BDVC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.23   Med: 13.45   Max: 23.11
Current: 22.44

During the past years, Franklin BSP Lending's highest Shiller PE Ratio was 23.11. The lowest was 10.23. And the median was 13.45.

BDVC's Shiller PE Ratio is ranked worse than
81.1% of 762 companies
in the Asset Management industry
Industry Median: 12.865 vs BDVC: 22.44

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.

Franklin BSP Lending's adjusted earnings per share data for the three months ended in Sep. 2023 was $0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.45 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franklin BSP Lending Shiller PE Ratio Historical Data

The historical data trend for Franklin BSP Lending's Shiller PE 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.

Franklin BSP Lending Shiller PE Ratio Chart

Franklin BSP Lending Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 15.89 13.88

Franklin BSP Lending Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Shiller PE Ratio 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 13.96 13.88 11.82 12.62 10.74

Competitive Comparison of Franklin BSP Lending's Shiller PE Ratio

For the Asset Management subindustry, Franklin BSP Lending'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.


Franklin BSP Lending's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin BSP Lending's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Franklin BSP Lending's Shiller PE Ratio falls into.



Franklin BSP Lending Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

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

Franklin BSP Lending's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=10.10/0.45
=22.44

* 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.

Franklin BSP Lending's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, Franklin BSP Lending's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.17/129.8595*129.8595
=0.170

Current CPI (Sep. 2023) = 129.8595.

Franklin BSP Lending Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.079 98.326 0.104
201403 0.097 99.695 0.126
201406 0.137 100.560 0.177
201409 0.146 100.428 0.189
201412 0.063 99.070 0.083
201503 0.173 99.621 0.226
201506 0.006 100.684 0.008
201509 -0.110 100.392 -0.142
201512 -0.027 99.792 -0.035
201603 0.114 100.470 0.147
201606 0.200 101.688 0.255
201609 -0.040 101.861 -0.051
201612 0.250 101.863 0.319
201703 0.110 102.862 0.139
201706 0.080 103.349 0.101
201709 0.100 104.136 0.125
201712 0.150 104.011 0.187
201803 0.120 105.290 0.148
201806 0.100 106.317 0.122
201809 0.160 106.507 0.195
201812 -0.220 105.998 -0.270
201903 0.290 107.251 0.351
201906 0.170 108.070 0.204
201909 -0.060 108.329 -0.072
201912 0.080 108.420 0.096
202003 -1.020 108.902 -1.216
202006 0.160 108.767 0.191
202009 0.290 109.815 0.343
202012 0.350 109.897 0.414
202103 0.330 111.754 0.383
202106 0.330 114.631 0.374
202109 0.190 115.734 0.213
202112 0.170 117.630 0.188
202203 0.170 121.301 0.182
202206 0.060 125.017 0.062
202209 0.100 125.227 0.104
202212 0.050 125.222 0.052
202303 0.140 127.348 0.143
202306 0.130 128.729 0.131
202309 0.170 129.860 0.170

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


Franklin BSP Lending  (OTCPK:BDVC) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Franklin BSP Lending Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Franklin BSP Lending's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Franklin BSP Lending (Franklin BSP Lending) Business Description

Traded in Other Exchanges
N/A
Address
9 West 57th Street, Suite 4920, 49th Floor, New York, NY, USA, 10019
Franklin BSP Lending Corp is an externally managed, non-diversified closed-end management investment company. The company has elected to be regulated as a business development company. The company's investment objective is to generate both current income and capital appreciation through debt and equity investments. It invests primarily in senior secured loans, and to a lesser extent, mezzanine loans, unsecured loans and equity of predominantly private U.S. middle-market companies. It also purchases interests in loans or corporate bonds through secondary market transactions.
Executives
Michael Frick officer: Secretary 9 WEST 57TH STREET, 49TH FLOOR, SUITE 4920, NEW YORK NY 10019
Nina Kang Baryski officer: CFO & Treasurer 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Dennis M Schaney director MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVENUE, FLOOR 6, NEW YORK NY 10036
Lee S Hillman director 222 S RIVERSIDE PLAZE STE 2800, CHICAGO IL 60606
Ronald J Kramer director 712 FIFTH AVENUE, NEW YORK NY 10019
Richard J Byrne director, officer: See Remarks 350 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Leeor P. Avigdor officer: Corporate Secretary C/O 9 WEST 57TH ST., SUITE 4920, NEW YORK NY 10019
Weil Edward M Jr. director C/O AMERICAN REALTY CAPITAL 405 PARK AVE, NEW YORK NY 10022
Pankovcin Corinne officer: CFO, Secretary and Treasurer BUSINESS DEVELOPMENT CORP OF AMERICA, 405 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
James A. Fisher officer: President, COO C/O BUSINESS DEVELOPMENT CORP OF AMERICA, 405 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Randolph C Read director C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022
Nicholas Radesca officer: CFO and Treasurer C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Robert Grunewald officer: Chief Investment Officer 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Bdca Adviser, Llc 10 percent owner 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Brian S Block officer: CFO and Treasurer C/O AMERICAN FINANCIAL REALTY TRUST, 1725 THE FALWAY, JENKINTOWN PA 19048