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SLR Investment (FRA:ZSL) Cyclically Adjusted PB Ratio : 0.67 (As of Jun. 08, 2024)


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What is SLR Investment Cyclically Adjusted PB Ratio?

As of today (2024-06-08), SLR Investment's current share price is €15.23. SLR Investment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €22.86. SLR Investment's Cyclically Adjusted PB Ratio for today is 0.67.

The historical rank and industry rank for SLR Investment's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:ZSL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.73   Max: 0.92
Current: 0.67

During the past years, SLR Investment's highest Cyclically Adjusted PB Ratio was 0.92. The lowest was 0.41. And the median was 0.73.

FRA:ZSL's Cyclically Adjusted PB Ratio is ranked better than
63.26% of 950 companies
in the Asset Management industry
Industry Median: 0.8 vs FRA:ZSL: 0.67

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

SLR Investment's adjusted book value per share data for the three months ended in Mar. 2024 was €16.731. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €22.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SLR Investment Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SLR Investment's Cyclically Adjusted PB 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.

SLR Investment Cyclically Adjusted PB Ratio Chart

SLR Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.74 0.75 0.55 0.61

SLR Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB 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 0.60 0.57 0.61 0.61 0.61

Competitive Comparison of SLR Investment's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, SLR Investment's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


SLR Investment's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SLR Investment's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SLR Investment's Cyclically Adjusted PB Ratio falls into.



SLR Investment Cyclically Adjusted PB Ratio Calculation

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

SLR Investment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.23/22.86
=0.67

* 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.

SLR Investment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, SLR Investment's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=16.731/131.7762*131.7762
=16.731

Current CPI (Mar. 2024) = 131.7762.

SLR Investment Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.516 100.560 21.643
201409 17.336 100.428 22.747
201412 17.887 99.070 23.792
201503 20.246 99.621 26.781
201506 19.529 100.684 25.560
201509 19.175 100.392 25.170
201512 19.082 99.792 25.198
201603 18.929 100.470 24.827
201606 19.146 101.688 24.811
201609 19.351 101.861 25.034
201612 20.610 101.863 26.662
201703 20.333 102.862 26.048
201706 19.394 103.349 24.728
201709 18.288 104.136 23.142
201712 18.427 104.011 23.346
201803 17.738 105.290 22.200
201806 18.772 106.317 23.267
201809 18.810 106.507 23.273
201812 19.118 105.998 23.767
201903 19.406 107.251 23.844
201906 19.454 108.070 23.722
201909 19.882 108.329 24.185
201912 19.292 108.420 23.448
202003 17.412 108.902 21.069
202006 17.856 108.767 21.633
202009 17.098 109.815 20.517
202012 16.572 109.897 19.871
202103 17.018 111.754 20.067
202106 16.840 114.631 19.359
202109 17.166 115.734 19.545
202112 17.639 117.630 19.760
202203 17.756 121.301 19.289
202206 17.533 125.017 18.481
202209 18.555 125.227 19.525
202212 17.299 125.222 18.204
202303 16.850 127.348 17.436
202306 16.594 128.729 16.987
202309 16.924 129.860 17.174
202312 16.584 129.419 16.886
202403 16.731 131.776 16.731

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


SLR Investment  (FRA:ZSL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


SLR Investment Cyclically Adjusted PB Ratio Related Terms

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


SLR Investment (FRA:ZSL) Business Description

Traded in Other Exchanges
Address
500 Park Avenue, New York, NY, USA, 10022
SLR Investment Corp is a closed-end investment company that has elected to be treated as a business development company. It provides U.S. middle market businesses and intermediaries with bespoke debt financing solutions to fund working capital, acquisition, refinancing and growth capital requirements.

SLR Investment (FRA:ZSL) Headlines