Oaktree Specialty Lending (FRA:FFC) Shiller PE Ratio: 13.02 (As of Sep. 22, 2026) — 29% Below Median

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.

FRA:FFC Oaktree Specialty Lending Corp FRA:FFC
57 GF Score
Price €10.94
GF Value €10.39
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Oaktree Specialty Lending Shiller PE Ratio?

Oaktree Specialty Lending FRA:FFC +1.20% 57 Shiller PE Ratio is 13.02 as of Sep. 22, 2026, which is 29% below its 10-year median of 18.25. GuruFocus rates FRA:FFC with a GF Score™ of 57/100 and a GF Value™ of €10.39 (Fairly Valued). The stock has 5 warning signs investors should review. Among 786 Asset Management companies, Oaktree Specialty Lending ranks worse than 50.76% on this metric.

As of today (2026-09-22), Oaktree Specialty Lending's current share price is €10.94. Oaktree Specialty Lending's E10 for the quarter that ended in Jun. 2026 was €0.84. Oaktree Specialty Lending's Shiller PE Ratio for today is 13.02.

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

FRA:FFC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.68   Med: 18.25   Max: 25.34
Current: 13.17

During the past years, Oaktree Specialty Lending's highest Shiller PE Ratio was 25.34. The lowest was 7.68. And the median was 18.25.

FRA:FFC's Shiller PE Ratio is ranked worse than
50.76% of 786 companies
in the Asset Management industry
Industry Median: 12.805 vs FRA:FFC: 13.17

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.

Oaktree Specialty Lending's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.304. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.84 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oaktree Specialty Lending  (FRA:FFC) 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.


Oaktree Specialty Lending Shiller PE Ratio Related Terms


Oaktree Specialty Lending Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Oaktree Specialty 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.

Oaktree Specialty Lending Shiller PE Ratio Chart

Oaktree Specialty Lending Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.27 16.51 21.49 22.81 17.65

Oaktree Specialty Lending Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 19.56 17.65 13.91 12.55 12.41

FRA:FFC vs GSBD, FRBP, PSEC: Shiller PE Ratio Comparison

For the Asset Management subindustry, Oaktree Specialty 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.


Oaktree Specialty Lending Shiller PE Ratio vs Asset Management Industry

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

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


FRA:FFC
57GF Score
Oaktree Specialty Lending Corp FRA:FFC
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oaktree Specialty 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.

Oaktree Specialty Lending's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=10.94/0.84
=13.02

* 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.

Oaktree Specialty Lending's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Oaktree Specialty Lending'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)
=0.304/333.9520*333.9520
=0.304

Current CPI (Jun. 2026) = 333.9520.

Oaktree Specialty Lending Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.053 241.428 -0.073
201612 -1.479 241.432 -2.046
201703 0.168 243.801 0.230
201706 -0.107 244.955 -0.146
201709 -2.240 246.819 -3.031
201712 -0.558 246.524 -0.756
201803 0.341 249.554 0.456
201806 0.437 251.989 0.579
201809 0.617 252.439 0.816
201812 0.527 251.233 0.701
201903 1.221 254.202 1.604
201906 0.372 256.143 0.485
201909 0.272 256.759 0.354
201912 0.270 256.974 0.351
202003 -3.177 258.115 -4.110
202006 2.264 257.797 2.933
202009 1.274 260.280 1.635
202012 1.134 260.474 1.454
202103 1.512 264.877 1.906
202106 0.647 271.696 0.795
202109 0.510 274.310 0.621
202112 0.584 278.802 0.700
202203 0.218 287.504 0.253
202206 -0.587 296.311 -0.662
202209 0.212 296.808 0.239
202212 0.208 296.797 0.234
202303 0.271 301.836 0.300
202306 0.443 305.109 0.485
202309 0.581 307.789 0.630
202312 0.128 306.746 0.139
202403 0.110 312.332 0.118
202406 0.009 314.175 0.010
202409 0.405 315.301 0.429
202412 0.086 315.605 0.091
202503 -0.388 319.799 -0.405
202506 0.381 322.561 0.394
202509 0.239 324.800 0.246
202512 0.051 324.054 0.053
202603 -0.182 330.213 -0.184
202606 0.304 333.952 0.304

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 13.02 mean?
Oaktree Specialty Lending (FRA:FFC) has a Shiller PE Ratio of 13.02 as of Sep. 22, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Oaktree Specialty Lending and its competitors. This is 29% below median its historical median of 18.25. Over the past decade, Oaktree Specialty Lending's Shiller PE Ratio has ranged from 7.68 to 25.34. According to the industry distribution chart, Oaktree Specialty Lending ranks #399 out of 786 companies in the Asset Management industry, placing it in the top 50.8%.
Is Oaktree Specialty Lending's Shiller PE Ratio too high?
Oaktree Specialty Lending's current Shiller PE Ratio of 13.02 is 29% below median its 10-year median of 18.25. Over the past 10 years, this metric has ranged from a low of 7.68 to a high of 25.34. The Asset Management industry median Shiller PE Ratio is 12.81. Oaktree Specialty Lending's value of 13.02 is 1.7% above this industry median. Based on the distribution chart, Oaktree Specialty Lending ranks #399 out of 786 companies in the Asset Management industry, which is below the industry midpoint. Overall, Oaktree Specialty Lending has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Oaktree Specialty Lending's Shiller PE Ratio compare to GSBD and FRBP?
According to the Asset Management industry distribution chart, Oaktree Specialty Lending ranks #399 out of 786 companies for Shiller PE Ratio. This places Oaktree Specialty Lending in the lower half of its industry. The industry median Shiller PE Ratio is 12.81. Oaktree Specialty Lending's value of 13.02 is 1.7% above this benchmark. Historically, Oaktree Specialty Lending's own Shiller PE Ratio has ranged from 7.68 to 25.34 over the past decade. While the company's 10-year median is 18.25 vs. the industry median of 12.81, Oaktree Specialty Lending 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 Shiller PE Ratio for an Asset Management company?
The median Shiller PE Ratio among Asset Management companies is 12.81, based on 786 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oaktree Specialty Lending's current Shiller PE Ratio of 13.02 is 1.7% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Oaktree Specialty Lending and its competitors. For the Asset Management industry, the median Shiller PE Ratio is 12.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oaktree Specialty Lending's current Shiller PE Ratio is 13.02, which is 29% below median its own 10-year median of 18.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oaktree Specialty Lending stock overvalued right now?
Based on GuruFocus' analysis, Oaktree Specialty Lending (FRA:FFC) is currently considered Fairly Valued. The stock's GF Value™ is €10.39, compared to a current price of €10.94 — trading 5.3% above its estimated fair value. The current Shiller PE Ratio is 13.02, which is 29% below median its 10-year median of 18.25 and 1.7% above the Asset Management industry median of 12.81. Oaktree Specialty Lending's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Oaktree Specialty Lending (FRA:FFC), the current Shiller PE Ratio is 13.02 as of Sep. 22, 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 Oaktree Specialty Lending (FRA:FFC) Overvalued in 2026?

Based on GuruFocus' analysis, Oaktree Specialty Lending stock appears to be overvalued. The current stock price of €10.94 is trading 5.3% above its estimated GF Value™ of €10.39. GuruFocus considers Oaktree Specialty Lending to be Fairly Valued.

Key valuation signals for FRA:FFC:

  • Shiller PE Ratio: 13.02 (29% below median its 10-year median of 18.25)
  • GF Value™: €10.39 vs. price of €10.94 (5.3% above fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 1.7% above the Asset Management median (#399 of 786)

No single metric tells the full story. See the FRA:FFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oaktree Specialty Lending Business Description

Other Exchanges OCSL:USA
Address 333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071
Oaktree Specialty Lending Corp is a specialty finance company. The company provides lending services and invests in small and mid-sized companies. The company's investment objective is to maximize its portfolio's total return by generating current income from debt investments, and to a lesser extent, capital appreciation from equity investments. The company provides customized, one-stop credit solutions to companies with limited access to public or syndicated capital markets. The company operates as a single reportable segment and derives revenues from investing in originated loans and other securities, including broadly syndicated loans, of U.S. private companies and manages the business on a consolidated basis.
57GF Score

Get the complete analysis for FRA:FFC

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

€10.94
Price
€10.39
GF Value