OCSL (Oaktree Specialty Lending) Shiller PE Ratio: 13.25 (As of Sep. 09, 2026) — 27% 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.

OCSL Oaktree Specialty Lending Corp OCSL
55 GF Score
Price $12.72
GF Value $12.21
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Oaktree Specialty Lending Shiller PE Ratio?

Oaktree Specialty Lending OCSL -0.31% 55 Shiller PE Ratio is 13.25 as of Sep. 09, 2026, which is 27% below its 10-year median of 18.25. GuruFocus rates OCSL with a GF Score™ of 55/100 and a GF Value™ of $12.21 (Fairly Valued). The stock has 5 warning signs investors should review. Among 786 Asset Management companies, Oaktree Specialty Lending ranks worse than 51.91% on this metric.

As of today (2026-09-09), Oaktree Specialty Lending's current share price is $12.72. Oaktree Specialty Lending's E10 for the quarter that ended in Jun. 2026 was $0.96. Oaktree Specialty Lending's Shiller PE Ratio for today is 13.25.

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

OCSL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.68   Med: 18.25   Max: 25.34
Current: 13.25

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.

OCSL's Shiller PE Ratio is ranked worse than
51.91% of 786 companies
in the Asset Management industry
Industry Median: 12.97 vs OCSL: 13.25

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 $0.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oaktree Specialty Lending  (NAS:OCSL) 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

OCSL 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.


OCSL
55GF Score
Oaktree Specialty Lending Corp OCSL
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
=12.72/0.96
=13.25

* 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)
=0.35/333.9520*333.9520
=0.350

Current CPI (Jun. 2026) = 333.9520.

Oaktree Specialty Lending Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.060 241.428 -0.083
201612 -1.560 241.432 -2.158
201703 0.180 243.801 0.247
201706 -0.120 244.955 -0.164
201709 -2.670 246.819 -3.613
201712 -0.660 246.524 -0.894
201803 0.420 249.554 0.562
201806 0.510 251.989 0.676
201809 0.720 252.439 0.952
201812 0.600 251.233 0.798
201903 1.380 254.202 1.813
201906 0.420 256.143 0.548
201909 0.300 256.759 0.390
201912 0.300 256.974 0.390
202003 -3.510 258.115 -4.541
202006 2.550 257.797 3.303
202009 1.500 260.280 1.925
202012 1.380 260.474 1.769
202103 1.800 264.877 2.269
202106 0.780 271.696 0.959
202109 0.600 274.310 0.730
202112 0.660 278.802 0.791
202203 0.240 287.504 0.279
202206 -0.620 296.311 -0.699
202209 0.210 296.808 0.236
202212 0.220 296.797 0.248
202303 0.290 301.836 0.321
202306 0.480 305.109 0.525
202309 0.620 307.789 0.673
202312 0.140 306.746 0.152
202403 0.120 312.332 0.128
202406 0.010 314.175 0.011
202409 0.450 315.301 0.477
202412 0.090 315.605 0.095
202503 -0.420 319.799 -0.439
202506 0.440 322.561 0.456
202509 0.280 324.800 0.288
202512 0.060 324.054 0.062
202603 -0.210 330.213 -0.212
202606 0.350 333.952 0.350

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 13.25 mean?
Oaktree Specialty Lending (OCSL) has a Shiller PE Ratio of 13.25 as of Sep. 09, 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 27% 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 #408 out of 786 companies in the Asset Management industry, placing it in the top 51.9%.
Is Oaktree Specialty Lending's Shiller PE Ratio too high?
Oaktree Specialty Lending's current Shiller PE Ratio of 13.25 is 27% 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 12.97. Oaktree Specialty Lending's value of 13.25 is 2.2% above this industry median. Based on the distribution chart, Oaktree Specialty Lending ranks #408 out of 786 companies in the Asset Management industry, which is below the industry midpoint. Overall, Oaktree Specialty Lending has a GF Score™ of 55/100 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 #408 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 12.97. Oaktree Specialty Lending's value of 13.25 is 2.2% 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 12.97, 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 12.97, 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 13.25 is 2.2% 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 12.97 — 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 13.25, which is 27% 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 (OCSL) is currently considered Fairly Valued. The stock's GF Value™ is $12.21, compared to a current price of $12.72 — trading 4.2% above its estimated fair value. The current Shiller PE Ratio is 13.25, which is 27% below median its 10-year median of 18.25 and 2.2% above the Asset Management industry median of 12.97. Oaktree Specialty Lending's overall GF Score™ is 55/100 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 (OCSL), the current Shiller PE Ratio is 13.25 as of Sep. 09, 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 (OCSL) Overvalued in 2026?

Based on GuruFocus' analysis, Oaktree Specialty Lending stock appears to be overvalued. The current stock price of $12.72 is trading 4.2% above its estimated GF Value™ of $12.21. GuruFocus considers Oaktree Specialty Lending to be Fairly Valued.

Key valuation signals for OCSL:

  • Shiller PE Ratio: 13.25 (27% below median its 10-year median of 18.25)
  • GF Value™: $12.21 vs. price of $12.72 (4.2% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 2.2% above the Asset Management median (#408 of 786)

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


Oaktree Specialty Lending Business Description

Other Exchanges FFC:Germany
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.
55GF Score

Get the complete analysis for OCSL

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

$12.72
Price
$12.21
GF Value