As at Jul 25, 2024, the PFLT stock has a PE ratio of 7.38. This is based on the current EPS of $1.54 and the stock price of $11.37 per share.
The mean historical PE ratio of PennantPark Floating Rate Capital over the last ten years is 22.85. The current 7.38 PE ratio is 68% below the historical average. Over the past ten years, PFLT's PE ratio was at its highest in the Mar 2020 quarter at 162, with a price of $4.86 and an EPS of $0.03. The Mar 2021 quarter recorded the bottom point at 6.91, with a price of $11.88 and an EPS of $1.72.
Maximum annual increase: 1,269.86% in 2022
Maximum annual decrease: -88.47% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 13.84 | -88.47% |
| 2022 | 120 | 1,269.86% |
| 2021 | 8.76 | -51.22% |
| 2020 | 17.96 | -55.1% |
| 2019 | 40 | 164.73% |
| 2018 | 15.11 | 25.19% |
| 2017 | 12.07 | 14.08% |
| 2016 | 10.58 | -31.79% |
| 2015 | 15.51 | 55.26% |
| 2014 | 9.99 | -9.35% |
PFLT's current P/E ratio is below the 3, 5 and 10-year averages.
PFLT's price to earnings ratio is 7.38 as of Jul 25, 2024.
The average PE ratio for PFLT stock over the past 3 years is 25.69.
The average PE ratio for PFLT stock over the past 5 years is 32.27.
Over the last ten years, the quarterly PE ratio reached a historic high of 162 in the Mar 2020 quarter.
PFLT's current price to earnings ratio is 68% below its 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), PennantPark Floating Rate Capital's stock price is $11.37. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.54. Therefore, PennantPark Floating Rate Capital's P/E ratio for today is 7.38. PE RATIO(7.38) = STOCK PRICE($11.37) / TTM EPS($1.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.