GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Carlyle Secured Lending Inc (NAS:CGBD) » Definitions » Cyclically Adjusted PS Ratio

Carlyle Secured Lending (Carlyle Secured Lending) Cyclically Adjusted PS Ratio : 11.53 (As of Jun. 10, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Carlyle Secured Lending Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Carlyle Secured Lending's current share price is $17.99. Carlyle Secured Lending's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.56. Carlyle Secured Lending's Cyclically Adjusted PS Ratio for today is 11.53.

The historical rank and industry rank for Carlyle Secured Lending's Cyclically Adjusted PS Ratio or its related term are showing as below:

CGBD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.18   Med: 10.55   Max: 11.87
Current: 11.54

During the past years, Carlyle Secured Lending's highest Cyclically Adjusted PS Ratio was 11.87. The lowest was 9.18. And the median was 10.55.

CGBD's Cyclically Adjusted PS Ratio is ranked worse than
70.06% of 875 companies
in the Asset Management industry
Industry Median: 7.66 vs CGBD: 11.54

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Carlyle Secured Lending's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.572. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $1.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carlyle Secured Lending Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Carlyle Secured Lending's Cyclically Adjusted PS 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.

Carlyle Secured Lending Cyclically Adjusted PS Ratio Chart

Carlyle Secured Lending Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 10.86 10.00

Carlyle Secured Lending Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 10.02 10.49 9.94 10.00 10.44

Competitive Comparison of Carlyle Secured Lending's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Carlyle Secured Lending's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Carlyle Secured Lending's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Carlyle Secured Lending's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Carlyle Secured Lending's Cyclically Adjusted PS Ratio falls into.



Carlyle Secured Lending Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Carlyle Secured Lending's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.99/1.56
=11.53

* 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.

Carlyle Secured Lending's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Carlyle Secured Lending's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.572/131.7762*131.7762
=0.572

Current CPI (Mar. 2024) = 131.7762.

Carlyle Secured Lending Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.197 100.560 0.258
201409 0.047 100.428 0.062
201412 -0.091 99.070 -0.121
201503 0.295 99.621 0.390
201506 0.291 100.684 0.381
201509 0.291 100.392 0.382
201512 -0.280 99.792 -0.370
201603 -0.066 100.470 -0.087
201606 0.776 101.688 1.006
201609 0.859 101.861 1.111
201612 0.502 101.863 0.649
201703 0.266 102.862 0.341
201706 0.349 103.349 0.445
201709 0.402 104.136 0.509
201712 0.467 104.011 0.592
201803 0.369 105.290 0.462
201806 0.246 106.317 0.305
201809 0.133 106.507 0.165
201812 0.016 105.998 0.020
201903 0.580 107.251 0.713
201906 0.194 108.070 0.237
201909 -0.121 108.329 -0.147
201912 0.507 108.420 0.616
202003 -2.087 108.902 -2.525
202006 0.984 108.767 1.192
202009 0.591 109.815 0.709
202012 0.738 109.897 0.885
202103 0.631 111.754 0.744
202106 0.759 114.631 0.873
202109 0.845 115.734 0.962
202112 0.586 117.630 0.656
202203 0.572 121.301 0.621
202206 0.138 125.017 0.145
202209 0.710 125.227 0.747
202212 0.239 125.222 0.252
202303 0.529 127.348 0.547
202306 0.147 128.729 0.150
202309 0.593 129.860 0.602
202312 0.534 129.419 0.544
202403 0.572 131.776 0.572

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


Carlyle Secured Lending  (NAS:CGBD) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Carlyle Secured Lending Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Carlyle Secured Lending's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Carlyle Secured Lending (Carlyle Secured Lending) Business Description

Traded in Other Exchanges
Address
One Vanderbilt Avenue, Suite 3400, New York, NY, USA, 10017
Carlyle Secured Lending Inc focuses on providing directly originated, financing solutions across the capital structure, with a focus on senior secured lending to middle-market companies primarily located in the United States. The company's investment objective is to generate current income and capital appreciation primarily through debt investments in U.S. middle-market companies.
Executives
Alexander Popov officer: VP and Head of Illiquid Credit ONE VANDERBILT AVE, SUITE 3400, NEW YORK NY 10017
Aren C. Leekong director C/O THE CARLYLE GROUP, ONE VANBERBILT AVENUE, SUITE 3400, NEW YORK NY 10017
Thomas M Hennigan officer: CFO C/O THE CARLYLE GROUP, 520 MADISON AVENUE, 40TH FLOOR, NEW YORK NY 10022
Nelson Joseph officer: PAO ONE VANDERBILT AVENUE, SUITE 3400, NEW YORK NY 10017
Michael Hadley officer: VP and Head of Underwriting ONE VANDERBILT AVE, SUITE 3400, NEW YORK NY 10017
Desiree Annunziato officer: Treasurer & PAO ONE VANDERBILT AVENUE, SUITE 3400, NEW YORK NY 10017
Mark David Jenkins director C/O THE CARLYLE GROUP, 520 MADISON AVE, 38TH FLOOR, NEW YORK NY 10022
John G. Nestor director C/O ESSEX RENTAL CORP., 1110 LAKE COOK ROAD, SUITE 220, BUFFALO GROVE IL 60089
Jonathan Pearl officer: VP & Head of Sponsor Coverage ONE VANDERBILT AVE, SUITE 3400, NEW YORK NY 10017
Taylor Boswell officer: Chief Investment Officer C/O THE CARLYLE GROUP, 520 MADISON AVE, 40TH FLOOR, NEW YORK NY 10022
Leslie E Bradford director C/O THE CARLYLE GROUP, 520 MADISON AVENUE, 40TH FLOOR, NEW YORK NY 10022
Linda Pace officer: President C/O THE CARLYLE GROUP, 520 MADISON AVENU, 40TH FLOOR, NEW YORK NY 10022
Wright William H Ii director C/O VIRTUS INVESTMENT PARTNERS, 100 PEARL STREET, HARTFORD CT 06103
Peter Gaunt officer: Treasurer & PAO C/O THE CARLYLE GROUP, 520 MADISON AVE, 41ST FLOOR, NEW YORK NY 10022
Michele Reing officer: Treasurer C/O THE CARLYLE GROUP, 520 MADISON AVE, FLOOR 38, NEW YORK NY 10022

Carlyle Secured Lending (Carlyle Secured Lending) Headlines

From GuruFocus

Tcg Bdc Inc (CGBD) CFO Thomas M Hennigan Bought $200,710 of Shares

By GuruFocus Research GuruFocus Editor 08-11-2021

Tcg Bdc Inc (CGBD) CEO & President Linda Pace Bought $109,251 of Shares

By GuruFocus Research GuruFocus Editor 03-09-2021

TCG BDC Issues Preliminary First Quarter 2020 Financial Results

By Marketwired Marketwired 04-24-2020