PFLT PennantPark Floating Rate Capital PE ratio, current and historical analysis
As at Nov 15, 2024, the PFLT stock has a PE ratio of 6.57. This is based on the current EPS of $1.68 and the stock price of $11.03 per share. A decrease of 31% has been seen in the P/E ratio compared to the average of 9.6 of the last 4 quarters.
PFLT PE ratio history
The mean historical PE ratio of PennantPark Floating Rate Capital over the last ten years is 22.77. The current 6.57 PE ratio is 71% 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 Jun 2024 quarter recorded the bottom point at 6.87, with a price of $11.54 and an EPS of $1.68.
PennantPark Floating Rate Capital PE ratio by year
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 average PE ratio chart
PFLT's current P/E ratio is below the 3, 5 and 10-year averages.
PFLT PE vs peers
PFLT's PE ratio is lower than its peer stock OCSL.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PFLT PennantPark Floating Rate Capital Ltd | 6.63 | $817.17M |
| OCSL Oaktree Specialty Lending Corp | 18.15 | $1.33B |
| OFS OFS Capital Corp | N/A | $108.12M |
Frequently asked questions
What is PennantPark Floating Rate Capital's PE ratio?
PFLT's price to earnings ratio is 6.57 as of Nov 15, 2024.
What is the 3-year average PE ratio for PennantPark Floating Rate Capital (PFLT)?
The average PE ratio for PFLT stock over the past 3 years is 25.45.
What is the 5-year average PE ratio for PennantPark Floating Rate Capital (PFLT)?
The average PE ratio for PFLT stock over the past 5 years is 30.2.
What is the highest PE ratio for PFLT?
Over the last ten years, the quarterly PE ratio reached a historic high of 162 in the Mar 2020 quarter.
How does the current PE ratio for PFLT compare to its historical average?
PFLT's current price to earnings ratio is 71% below its 10-year historical average.
Why is PennantPark Floating Rate Capital's PE ratio so low?
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
How is PFLT's PE ratio calculated (PennantPark Floating Rate Capital PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 15, 2024), PennantPark Floating Rate Capital's stock price is $11.03. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $1.68. Therefore, PennantPark Floating Rate Capital's P/E ratio for today is 6.57. PE RATIO(6.57) = STOCK PRICE($11.03) / TTM EPS($1.68)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.