As at Sep 6, 2024, the PFLT stock has a PE ratio of 6.81. This is based on the current EPS of $1.68 and the stock price of $11.44 per share. A decrease of 29% has been seen in the P/E ratio compared to the average of 9.6 of the last 4 quarters.
The mean historical PE ratio of PennantPark Floating Rate Capital over the last ten years is 22.42. The current 6.81 PE ratio is 70% 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.
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 PE ratio is lower than its peer stock OCSL.
Stock name | PE ratio | Market cap |
---|---|---|
PFLT PennantPark Floating Rate Capital Ltd | 6.81 | $839.93M |
OCSL Oaktree Specialty Lending Corp | 18.67 | $1.37B |
OFS OFS Capital Corp | N/A | $113.08M |
PFLT's price to earnings ratio is 6.81 as of Sep 6, 2024.
The average PE ratio for PFLT stock over the past 3 years is 23.6.
The average PE ratio for PFLT stock over the past 5 years is 30.78.
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 70% 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 (Sep 6, 2024), PennantPark Floating Rate Capital's stock price is $11.44. 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 6.81. PE RATIO(6.81) = STOCK PRICE($11.44) / TTM EPS($1.68)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.