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Gladstone Capital (FRA:1G70) Shiller PE Ratio : 10.74 (As of May. 27, 2024)


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What is Gladstone Capital Shiller PE Ratio?

As of today (2024-05-27), Gladstone Capital's current share price is €20.40. Gladstone Capital's E10 for the quarter that ended in Mar. 2024 was €1.90. Gladstone Capital's Shiller PE Ratio for today is 10.74.

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

FRA:1G70' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.94   Med: 18.66   Max: 52.21
Current: 10.66

During the past years, Gladstone Capital's highest Shiller PE Ratio was 52.21. The lowest was 8.94. And the median was 18.66.

FRA:1G70's Shiller PE Ratio is ranked better than
65.92% of 757 companies
in the Asset Management industry
Industry Median: 12.9 vs FRA:1G70: 10.66

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.

Gladstone Capital's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.987. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gladstone Capital Shiller PE Ratio Historical Data

The historical data trend for Gladstone 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.

Gladstone Capital Shiller PE Ratio Chart

Gladstone Capital Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.90 19.86 14.60 8.96 10.37

Gladstone 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 9.30 9.15 10.37 11.80 10.27

Competitive Comparison of Gladstone Capital's Shiller PE Ratio

For the Asset Management subindustry, Gladstone 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.


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

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

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



Gladstone 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.

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

Shiller PE Ratio=Share Price/ E10
=20.40/1.9
=10.74

* 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.

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

For example, Gladstone 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)
=1.987/131.7762*131.7762
=1.987

Current CPI (Mar. 2024) = 131.7762.

Gladstone Capital Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -1.413 100.560 -1.852
201409 1.692 100.428 2.220
201412 0.032 99.070 0.043
201503 0.832 99.621 1.101
201506 0.285 100.684 0.373
201509 -0.410 100.392 -0.538
201512 -0.698 99.792 -0.922
201603 -0.467 100.470 -0.613
201606 0.427 101.688 0.553
201609 1.586 101.861 2.052
201612 0.076 101.863 0.098
201703 0.337 102.862 0.432
201706 0.427 103.349 0.544
201709 0.352 104.136 0.445
201712 0.456 104.011 0.578
201803 0.568 105.290 0.711
201806 0.770 106.317 0.954
201809 -0.651 106.507 -0.805
201812 -0.229 105.998 -0.285
201903 0.584 107.251 0.718
201906 0.531 108.070 0.647
201909 0.327 108.329 0.398
201912 0.036 108.420 0.044
202003 -1.611 108.902 -1.949
202006 0.852 108.767 1.032
202009 0.560 109.815 0.672
202012 0.625 109.897 0.749
202103 1.092 111.754 1.288
202106 0.880 114.631 1.012
202109 1.666 115.734 1.897
202112 0.620 117.630 0.695
202203 0.436 121.301 0.474
202206 -0.303 125.017 -0.319
202209 0.303 125.227 0.319
202212 0.302 125.222 0.318
202303 1.233 127.348 1.276
202306 0.591 128.729 0.605
202309 0.618 129.860 0.627
202312 0.844 129.419 0.859
202403 1.987 131.776 1.987

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.


Gladstone Capital  (FRA:1G70) 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.


Gladstone Capital Shiller PE Ratio Related Terms

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


Gladstone Capital (FRA:1G70) Business Description

Traded in Other Exchanges
Address
1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Capital Corp is an externally managed, closed-end, non-diversified management investment company. Its investment objectives are to, achieve and grow current income by investing in debt securities of established businesses that would provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time; and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that can grow over time to permit it to sell its equity investments for capital gains.

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