Golub Capital BDC (FRA:OGL) Shiller PE Ratio: (As of Sep. 21, 2026)

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FRA:OGL Golub Capital BDC Inc FRA:OGL
62 GF Score
Price €10.86
GF Value €6.59
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Golub Capital BDC Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Golub Capital BDC  (FRA:OGL) 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.


Golub Capital BDC Shiller PE Ratio Related Terms


Golub Capital BDC Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Golub Capital BDC'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.

Golub Capital BDC Shiller PE Ratio Chart

Golub Capital BDC 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 12.92 11.27 11.79 11.66 9.94

Golub Capital BDC 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 10.44 9.81 9.88 9.76 9.94

FRA:OGL vs FSK, NEA, AAMI: Shiller PE Ratio Comparison

For the Asset Management subindustry, Golub Capital BDC'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.


Golub Capital BDC Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Golub Capital BDC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Golub Capital BDC's Shiller PE Ratio falls into.


FRA:OGL
62GF Score
Golub Capital BDC Inc FRA:OGL
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golub Capital BDC 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.

Golub Capital BDC's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Golub Capital BDC'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)
=0.1883/333.9520*333.9520
=0.188

Current CPI (Jun. 2026) = 333.9520.

Golub Capital BDC Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.255 241.428 0.352
201612 0.299 241.432 0.413
201703 0.333 243.801 0.456
201706 0.302 244.955 0.411
201709 0.307 246.819 0.415
201712 0.290 246.524 0.393
201803 0.301 249.554 0.403
201806 0.287 251.989 0.380
201809 0.216 252.439 0.286
201812 0.255 251.233 0.338
201903 0.246 254.202 0.323
201906 0.267 256.143 0.349
201909 -0.871 256.759 -1.133
201912 0.304 256.974 0.395
202003 -1.473 258.115 -1.905
202006 0.843 257.797 1.092
202009 0.484 260.280 0.622
202012 0.474 260.474 0.607
202103 0.453 264.877 0.571
202106 0.409 271.696 0.503
202109 0.359 274.310 0.437
202112 0.325 278.802 0.389
202203 0.349 287.504 0.405
202206 0.085 296.311 0.095
202209 0.047 296.808 0.053
202212 0.147 296.797 0.165
202303 0.319 301.836 0.353
202306 0.395 305.109 0.432
202309 0.551 307.789 0.597
202312 0.415 306.746 0.452
202403 0.505 312.332 0.540
202406 0.043 314.175 0.046
202409 0.328 315.301 0.347
202412 0.395 315.605 0.418
202503 0.282 319.799 0.294
202506 0.298 322.561 0.308
202509 0.309 324.800 0.318
202512 0.213 324.054 0.219
202603 -0.152 330.213 -0.154
202606 0.188 333.952 0.188

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.

Is Golub Capital BDC (FRA:OGL) Overvalued in 2026?

Based on GuruFocus' analysis, Golub Capital BDC stock appears to be overvalued. The current stock price of €10.86 is trading 64.7% above its estimated GF Value™ of €6.59. GuruFocus considers Golub Capital BDC to be Significantly Overvalued.

Key valuation signals for FRA:OGL:

  • Shiller PE Ratio:
  • GF Value™: €6.59 vs. price of €10.86 (64.7% above fair value)
  • GF Score™: 62/100 with 7 warning signs

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


Golub Capital BDC Business Description

Other Exchanges GBDC:USA0IZ6:UK
Address 200 Park Avenue, 25th Floor, New York, NY, USA, 10166
Golub Capital BDC Inc. is an externally managed, closed-end, non-diversified management investment company. Its investment objective is to generate current income and capital appreciation by investing in senior secured and one-stop loans in U.S. middle-market companies. It also invests in second-lien and subordinated loans, warrants, and minority equity securities in U.S. middle-market companies. The company generally invests in securities rated below investment grade by independent rating agencies, or those that would be rated below investment grade if evaluated. The company operates in the USA, Canada, and other countries, with the majority of its revenue coming from the USA.
62GF Score

Get the complete analysis for FRA:OGL

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

€10.86
Price
€6.59
GF Value