As of Apr 26, 2024, the BXSL stock has a PE ratio of 8.79. The calculation is based on the latest EPS of $3.65 and the stock price of $32.09 per share. An increase of 5% has been observed in the PE ratio compared to its average of 8.4 of the last four quarters.
The mean historical PE ratio of Blackstone Secured Lending Fund over the last three years is 9.05. The current 8.79 P/E ratio is 2.9% lower than the historical average. Looking back at the last three years, BXSL's PE ratio peaked in the Dec 2021 quarter at 10.66, with a price of $34 and an EPS of $3.19. The Dec 2023 quarter marked the lowest point at 7.57, with a price of $27.64 and an EPS of $3.65.
Maximum annual decrease: -17.36% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.57 | -17.36% |
| 2022 | 9.16 | -14.07% |
| 2021 | 10.66 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
As of Apr 26, 2024, BXSL stock has a price to earnings ratio of 8.79.
Over the last three years, the quarterly PE ratio reached its highest level at 10.66 in the Dec 2021 quarter.
BXSL's current price to earnings ratio is 2.9% below its 3-year historical average.
BXSL's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), Blackstone Secured Lending Fund's share price is $32.09. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.65. Therefore, Blackstone Secured Lending Fund's PE ratio for today is 8.79. PE RATIO(8.79) = STOCK PRICE($32.09) / TTM EPS($3.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.