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Prospect Capital (STU:RK8) Shiller PE Ratio : 6.63 (As of May. 16, 2024)


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What is Prospect Capital Shiller PE Ratio?

As of today (2024-05-16), Prospect Capital's current share price is €5.175. Prospect Capital's E10 for the quarter that ended in Mar. 2024 was €0.78. Prospect Capital's Shiller PE Ratio for today is 6.63.

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

STU:RK8' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.26   Med: 6.86   Max: 9.51
Current: 6.69

During the past years, Prospect Capital's highest Shiller PE Ratio was 9.51. The lowest was 4.26. And the median was 6.86.

STU:RK8's Shiller PE Ratio is ranked better than
88.29% of 760 companies
in the Asset Management industry
Industry Median: 13.02 vs STU:RK8: 6.69

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.

Prospect Capital's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.184. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prospect Capital Shiller PE Ratio Historical Data

The historical data trend for Prospect Capital'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.

Prospect Capital Shiller PE Ratio Chart

Prospect Capital Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.94 5.59 7.95 6.46 6.67

Prospect Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.21 6.67 6.61 6.97 6.53

Competitive Comparison of Prospect Capital's Shiller PE Ratio

For the Asset Management subindustry, Prospect Capital'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.


Prospect Capital's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



Prospect Capital 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.

Prospect Capital's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.175/0.78
=6.63

* 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.

Prospect Capital's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Prospect Capital's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.184/131.7762*131.7762
=0.184

Current CPI (Mar. 2024) = 131.7762.

Prospect Capital Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.155 100.560 0.203
201409 0.186 100.428 0.244
201412 0.195 99.070 0.259
201503 0.213 99.621 0.282
201506 0.235 100.684 0.308
201509 0.071 100.392 0.093
201512 -0.248 99.792 -0.327
201603 0.189 100.470 0.248
201606 0.237 101.688 0.307
201609 0.205 101.861 0.265
201612 0.265 101.863 0.343
201703 0.047 102.862 0.060
201706 0.125 103.349 0.159
201709 0.025 104.136 0.032
201712 0.287 104.011 0.364
201803 0.114 105.290 0.143
201806 0.265 106.317 0.328
201809 0.197 106.507 0.244
201812 -0.158 105.998 -0.196
201903 0.212 107.251 0.260
201906 0.097 108.070 0.118
201909 0.045 108.329 0.055
201912 -0.027 108.420 -0.033
202003 -0.462 108.902 -0.559
202006 0.391 108.767 0.474
202009 0.382 109.815 0.458
202012 0.658 109.897 0.789
202103 0.529 111.754 0.624
202106 0.523 114.631 0.601
202109 0.442 115.734 0.503
202112 0.540 117.630 0.605
202203 0.345 121.301 0.375
202206 -0.114 125.017 -0.120
202209 -0.273 125.227 -0.287
202212 0.123 125.222 0.129
202303 -0.252 127.348 -0.261
202306 -0.028 128.729 -0.029
202309 0.169 129.860 0.171
202312 -0.119 129.419 -0.121
202403 0.184 131.776 0.184

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.


Prospect Capital  (STU:RK8) 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.


Prospect Capital Shiller PE Ratio Related Terms

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


Prospect Capital (STU:RK8) Business Description

Traded in Other Exchanges
Address
10 East 40th Street, 42nd Floor, New York, NY, USA, 10016
Prospect Capital Corp is a closed-end investment company based in the United States. Its investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. The company invests primarily in senior and subordinated debt and equity of private companies for acquisitions, divestitures, growth, development, recapitalizations, and other purposes. It makes investments, including lending in private equity, sponsored transactions, directly to companies, investments in structured credit, real estate, and syndicated debt.

Prospect Capital (STU:RK8) Headlines

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