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Barings BDC (Barings BDC) Shiller PE Ratio : 17.26 (As of Apr. 27, 2024)


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What is Barings BDC Shiller PE Ratio?

As of today (2024-04-27), Barings BDC's current share price is $9.32. Barings BDC's E10 for the quarter that ended in Dec. 2023 was $0.54. Barings BDC's Shiller PE Ratio for today is 17.26.

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

BBDC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.68   Med: 9.82   Max: 18.2
Current: 17.26

During the past years, Barings BDC's highest Shiller PE Ratio was 18.20. The lowest was 4.68. And the median was 9.82.

BBDC's Shiller PE Ratio is ranked worse than
71.47% of 757 companies
in the Asset Management industry
Industry Median: 12.63 vs BBDC: 17.26

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.

Barings BDC's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barings BDC Shiller PE Ratio Historical Data

The historical data trend for Barings 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.

Barings BDC Shiller PE Ratio Chart

Barings 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 7.66 8.06 11.15 10.51 16.02

Barings 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 10.51 10.75 11.52 15.03 16.02

Competitive Comparison of Barings BDC's Shiller PE Ratio

For the Asset Management subindustry, Barings 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.


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

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

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



Barings 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.

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

Shiller PE Ratio=Share Price/ E10
=9.32/0.54
=17.26

* 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.

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

For example, Barings 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)
=0.29/129.4194*129.4194
=0.290

Current CPI (Dec. 2023) = 129.4194.

Barings BDC Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.450 99.695 0.584
201406 0.870 100.560 1.120
201409 -0.290 100.428 -0.374
201412 -0.020 99.070 -0.026
201503 0.250 99.621 0.325
201506 0.370 100.684 0.476
201509 0.540 100.392 0.696
201512 0.280 99.792 0.363
201603 0.370 100.470 0.477
201606 0.200 101.688 0.255
201609 0.210 101.861 0.267
201612 0.170 101.863 0.216
201703 0.170 102.862 0.214
201706 -0.040 103.349 -0.050
201709 -1.200 104.136 -1.491
201712 0.520 104.011 0.647
201803 0.300 105.290 0.369
201806 0.320 106.317 0.390
201809 -1.940 106.507 -2.357
201812 -0.830 105.998 -1.013
201903 0.650 107.251 0.784
201906 0.180 108.070 0.216
201909 0.100 108.329 0.119
201912 0.220 108.420 0.263
202003 -2.300 108.902 -2.733
202006 1.140 108.767 1.356
202009 0.900 109.815 1.061
202012 0.460 109.897 0.542
202103 0.340 111.754 0.394
202106 0.450 114.631 0.508
202109 0.220 115.734 0.246
202112 0.180 117.630 0.198
202203 0.250 121.301 0.267
202206 -0.230 125.017 -0.238
202209 0.090 125.227 0.093
202212 -0.010 125.222 -0.010
202303 0.370 127.348 0.376
202306 0.370 128.729 0.372
202309 0.170 129.860 0.169
202312 0.290 129.419 0.290

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.


Barings BDC  (NYSE:BBDC) 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.


Barings BDC Shiller PE Ratio Related Terms

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


Barings BDC (Barings BDC) Business Description

Traded in Other Exchanges
Address
300 South Tryon Street, Suite 2500, Charlotte, NC, USA, 28202
Barings BDC Inc operates as a closed-end, non-diversified investment company and has elected to be treated as a business development company. The company's investment objective is to generate current income by investing directly in privately-held middle-market companies to help these companies fund acquisitions, growth or refinancing. Barings employs fundamental credit analysis and targets investments in businesses with low levels of cyclicality and operating risk relative to other businesses in this market segment. The holding size of each position will generally be dependent upon a number of factors including total facility size, pricing and structure, and the number of other lenders in the facility.
Executives
Michael Desieno officer: Chief Accounting Officer 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Stephen R Byers director C/O BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Michael James O'connor other: Adviser Board Member C/O BARINGS LLC, 300 SOUTH TRYON ST., SUITE 2500, CHARLOTTE NC 28202
Sears Merritt other: Adviser Board Member C/O BARINGS LLC, 300 SOUTH TRYON ST., SUITE 2500, CHARLOTTE NC 28202
Elizabeth A. Murray officer: Director of External Reporting BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Albert Perley officer: Assistant Treasurer BARINGS LLC, 300 SOUTH TRYON ST., STE 2500, CHARLOTTE NC 28202
Michael Freno director BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Jeffrey Chillag officer: Director of Finance BARINGS LLC, 300 SOUTH TRYON STREET, STE 2500, CHARLOTTE NC 28202
Eric Partlan other: Adviser Board Member BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Geoff Craddock other: Adviser Board Member MASSACHUSETTS MUTUAL LIFE INSURANCE CO., ONE MARINA PARK DRIVE, BOSTON MA 02210
Thomas Okel director BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Gregory Wayne Maccordy other: Chief Compliance Officer 6 LAMPLIGHT LANE, WESTPORT CT 06880
Ashlee Steinnerd officer: Chief Legal Officer BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Benjamin Tecmire officer: Chief Compliance Officer BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Valerie Lancaster-beal director SIERRA INCOME CORPORATION, 375 PARK AVE. SUITE 3304, NEW YORK NY 10152