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Goldmanchs BDC (Goldmanchs BDC) Shiller PE Ratio : 9.99 (As of May. 04, 2024)


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What is Goldmanchs BDC Shiller PE Ratio?

As of today (2024-05-04), Goldmanchs BDC's current share price is $15.58. Goldmanchs BDC's E10 for the quarter that ended in Dec. 2023 was $1.56. Goldmanchs BDC's Shiller PE Ratio for today is 9.99.

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

GSBD' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.63   Med: 9.51   Max: 10.06
Current: 9.98

During the past years, Goldmanchs BDC's highest Shiller PE Ratio was 10.06. The lowest was 8.63. And the median was 9.51.

GSBD's Shiller PE Ratio is ranked better than
69.15% of 765 companies
in the Asset Management industry
Industry Median: 12.8 vs GSBD: 9.98

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.

Goldmanchs BDC's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldmanchs BDC Shiller PE Ratio Historical Data

The historical data trend for Goldmanchs 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.

* Premium members only.

Goldmanchs BDC Shiller PE Ratio Chart

Goldmanchs BDC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 9.38

Goldmanchs BDC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 9.37 9.08 9.31 9.38

Competitive Comparison of Goldmanchs BDC's Shiller PE Ratio

For the Asset Management subindustry, Goldmanchs 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.


Goldmanchs BDC's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



Goldmanchs 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.

Goldmanchs BDC's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=15.58/1.56
=9.99

* 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.

Goldmanchs BDC's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Goldmanchs BDC's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.46/129.4194*129.4194
=0.460

Current CPI (Dec. 2023) = 129.4194.

Goldmanchs BDC Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.318 99.695 0.413
201406 0.418 100.560 0.538
201409 0.378 100.428 0.487
201412 0.107 99.070 0.140
201503 0.460 99.621 0.598
201506 0.500 100.684 0.643
201509 0.370 100.392 0.477
201512 0.010 99.792 0.013
201603 0.150 100.470 0.193
201606 0.190 101.688 0.242
201609 0.620 101.861 0.788
201612 0.150 101.863 0.191
201703 0.400 102.862 0.503
201706 0.120 103.349 0.150
201709 0.450 104.136 0.559
201712 0.300 104.011 0.373
201803 0.460 105.290 0.565
201806 0.430 106.317 0.523
201809 0.470 106.507 0.571
201812 -0.030 105.998 -0.037
201903 0.060 107.251 0.072
201906 0.400 108.070 0.479
201909 0.220 108.329 0.263
201912 0.220 108.420 0.263
202003 -1.580 108.902 -1.878
202006 0.860 108.767 1.023
202009 0.800 109.815 0.943
202012 1.700 109.897 2.002
202103 0.600 111.754 0.695
202106 0.540 114.631 0.610
202109 0.370 115.734 0.414
202112 0.380 117.630 0.418
202203 0.390 121.301 0.416
202206 0.180 125.017 0.186
202209 -0.070 125.227 -0.072
202212 0.040 125.222 0.041
202303 0.270 127.348 0.274
202306 0.600 128.729 0.603
202309 0.470 129.860 0.468
202312 0.460 129.419 0.460

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.


Goldmanchs BDC  (NYSE:GSBD) 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.


Goldmanchs BDC Shiller PE Ratio Related Terms

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


Goldmanchs BDC (Goldmanchs BDC) Business Description

Traded in Other Exchanges
Address
200 West Street, New York, NY, USA, 10282
Goldman Sachs BDC Inc is a non-diversified, closed-end management investment company that elected to be regulated as a business development company focused on lending to middle-market companies. The investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including the first lien, unitranche and second lien debt, and unsecured debt. It invests primarily in U.S. middle-market companies such as banks and the public debt markets. The company's origination strategy focuses on leading the negotiation and structuring of the loans or securities in which it invests and holding the investments in its portfolio to maturity. It generates majority revenue in the form of interest income and dividend income.
Executives
David Miller officer: See Remarks C/O GOLDMAN SACHS MML CORP., 200 WEST STREET, NEW YORK NY 10282
Jennifer Yang officer: Vice President C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282-2198
Greg Watts officer: Vice President C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282-2198
Justin Betzen officer: Vice President C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282-2198
Tucker Greene officer: Vice President C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282-2198
Gabriella Skirnick officer: See Remarks C/O GOLDMAN SACHS MML CORP. II, 200 WEST STREET, NEW YORK NY 10282
Alex Chi officer: See Remarks C/O GOLDMAN SACHS MML CORP., 200 WEST STREET, NEW YORK NY 10282
Susan B Mcgee director 7900 CALLAGHAN ROAD, SAN ANTONIO TX 78229
Ann B Lane director C/O DEALERTRACK HOLDINGS, INC., 1111 MARCUS AVENUE, SUITE M04, NEW YORK NY 11042
Jonathan Lamm, officer: See Remarks 200 WEST STREET, NEW YORK NY 10282
Joseph F Dimaria officer: Interim CFO & Interim Treas C/O BANK OF AMERICA INVESTMETN ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Carlos E Evans director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27616
Richard A Mark director 2052 STONEBRIDGE CT, WHEATON IL 60189
Timothy J Leach director C/O UNITED STATES TRUST COMPANY, 114 WEST 47TH STREET, NEW YORK NY 10036-1532
Jordan Walter officer: Executive Vice President 200 WEST STREET, NEW YORK NY 10282

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