GSBD Goldman Sachs BDC PE ratio, current and historical analysis
The current PE ratio for Goldman Sachs BDC stock as of Jun 11, 2025 is 25.78. This is calculated based on the current EPS of $0.45 and the stock price of $11.6 per share. The PE ratio has grown by 21% from the past four quarters average of 21.3.
GSBD PE ratio history
The average historical PE ratio of Goldman Sachs BDC for the last ten years is 17.45. The current price-to-earnings ratio of 25.78 is 48% more than the historical average. In the past ten years, GSBD's PE ratio reached its highest point in the Sep 2020 quarter at 50.13, when the stock price was $15.04 and the EPS was $0.3. The lowest point was recorded in the Mar 2021 quarter, when it reached 3.56 with a price of $19.33 and an EPS of $5.43.
Goldman Sachs BDC PE ratio history chart
Goldman Sachs BDC PE ratio by year
Maximum annual increase: 171.94% in 2024
Maximum annual decrease: -75.17% in 2020
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 22 | 171.94% | $12.1 | $0.55 |
| 2023 | 8.09 | -68.16% | $14.65 | $1.81 |
| 2022 | 25.41 | 150.59% | $13.72 | $0.54 |
| 2021 | 10.14 | 72.74% | $19.16 | $1.89 |
| 2020 | 5.87 | -75.17% | $19.12 | $3.26 |
| 2019 | 23.64 | 72.3% | $21.28 | $0.9 |
| 2018 | 13.72 | -20.83% | $18.38 | $1.34 |
| 2017 | 17.33 | -17.48% | $22.18 | $1.28 |
| 2016 | 21 | 48.1% | $23.52 | $1.12 |
| 2015 | 14.18 | N/A | $19 | $1.34 |
| 2014 | N/A | N/A | N/A | $1.24 |
| 2013 | N/A | N/A | N/A | $0.76 |
Goldman Sachs BDC PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 25.84 | 17.45% | $11.63 | $0.45 |
| Dec 2024 | 22 | 11.9% | $12.1 | $0.55 |
| Sep 2024 | 19.66 | 11.2% | $13.76 | $0.7 |
| Jun 2024 | 17.68 | 126.67% | $15.03 | $0.85 |
| Mar 2024 | 7.8 | -3.58% | $14.98 | $1.92 |
| Dec 2023 | 8.09 | -23.32% | $14.65 | $1.81 |
| Sep 2023 | 10.55 | -36.06% | $14.56 | $1.38 |
| Jun 2023 | 16.5 | -49.23% | $13.86 | $0.84 |
| Mar 2023 | 32.5 | 27.9% | $13.65 | $0.42 |
| Dec 2022 | 25.41 | 54.75% | $13.72 | $0.54 |
| Sep 2022 | 16.42 | 28.99% | $14.45 | $0.88 |
| Jun 2022 | 12.73 | 9.08% | $16.8 | $1.32 |
| Mar 2022 | 11.67 | 15.09% | $19.61 | $1.68 |
| Dec 2021 | 10.14 | 158.67% | $19.16 | $1.89 |
| Sep 2021 | 3.92 | 2.08% | $18.35 | $4.68 |
GSBD Price vs fair value
You can ether set your own Fair P/E multiple or use one of the automatically calculated Fair P/E multiples.
Fair P/E calculation
PE Ratio is an attempt to estimate a fair PE ratio of a stock based on its earnings and growth rate.
This formula is a modified version of the classic Graham-Dodd Formula (V= EPS x (8.5+2g)), originally developed by Benjamin Graham, to calculate the fair price of a stock based on its earnings and growth rate.
The formula we have created is an adaptation of this approach, designed to maintain a balance between simplicity and growth sensitivity.
It is calculated using the following formula:
IF g < 5: Fair PE = b
IF g >= 5: Fair PE = m × g
Here’s what each part of the formula means:
g: Growth is calculated as the average of the three-year average EPS growth rate and the one-year EPS growth rate (annually). This approach provides a balanced measure of growth by factoring in both the long-term growth trend and the most recent annual growth performance. If one of the growth metrics is not available, the remaining metric is used to determine growth. The fair P/E value is capped at 100 to prevent distortions caused by extreme EPS growth rates, such as those resulting from large percentage increases from a low base.
m: This is the long term historical median PEG (Price/Earnings to Growth) ratio of the overall market. It serves as a benchmark, adjusting the Fair PE based on typical market conditions.
b: Base PE (static value set to 8). If the company's growth rate is less than 5, the Fair PE is set at a conservative baseline of 8. This is because declining companies generally deserve a lower PE ratio.
Fixed vs Dynamic
Fixed: The Fair PE ratio for all data points is calculated using a single, constant average EPS growth rate, determined based on the most recent period. This means that the same growth rate is applied to all historical data points. Dynamic: The Fair PE ratio for each historical data point is calculated using the trailing average EPS growth rate specific to that point in time. This means that for each data point, the corresponding trailing EPS growth rate is used, ensuring that the Fair PE ratio reflects the growth conditions that were relevant at that specific point in history.
GSBD average PE ratio chart
Currently, GSBD's PE ratio is above the 3, 5 and 10-year averages.
PE vs average
GSBD PE vs peers
GSBD's PE ratio is less than its peer stock OCSL, but it is above OFS's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OFS OFS Capital Corp | 4.02 | $121.25M |
| GSBD Goldman Sachs BDC Inc | 25.78 | $1.36B |
| OCSL Oaktree Specialty Lending Corp | 103.93 | $1.28B |
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Frequently asked questions
What is Goldman Sachs BDC's PE ratio?
As of Jun 11, 2025, GSBD stock has a price to earnings ratio of 25.78.
What is the 3-year average PE ratio for Goldman Sachs BDC (GSBD)?
The average PE ratio for GSBD stock over the past 3 years is 17.93.
What is the 5-year average PE ratio for Goldman Sachs BDC (GSBD)?
The average PE ratio for GSBD stock over the past 5 years is 16.02.
What is the highest PE ratio for GSBD?
In the last ten years, the Sep 2020 quarter recorded the highest quarterly PE ratio at 50.13.
How does the current PE ratio for GSBD compare to its historical average?
The current price to earnings ratio of GSBD is 48% higher than the 10-year historical average.
How is GSBD's PE ratio calculated (Goldman Sachs BDC PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 11, 2025), Goldman Sachs BDC's stock price is $11.6. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $0.45. Therefore, Goldman Sachs BDC's price to earnings ratio for today is 25.78. PE RATIO(25.78) = STOCK PRICE($11.6) / TTM EPS($0.45)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.