SAR
Saratoga Investment
PE ratio, current and historical analysis
- Stocks
- Financial Services
- NYSE: SAR
- PE Ratio
The current P/E ratio for Saratoga Investment stock as of Jun 3, 2026 is 9.7. This is calculated based on the TTM EPS of $2.31 and the stock price of $22.41 per share. The PE ratio has decreased by 4.8% from its last 4 quarters average of 10.2.
SAR PE ratio history
The average historical PE ratio of Saratoga Investment for the last ten years is 11.01. The current price-to-earnings ratio of 9.7 is 12% less than the historical average. Analyzing the last ten years, SAR's PE ratio reached its highest point in the Feb 2024 quarter at 33.25, when the price was $23.61 and the EPS was $0.71. The lowest point was recorded in the Feb 2020 quarter, when it reached 3.83 with a price of $22.91 and an EPS of $5.98.
Saratoga Investment PE ratio by year
Maximum annual increase: 356.4% in 2021
Maximum annual decrease: -61.29% in 2025
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2026 | 10.03 | -22.07% | $23.16 | $2.31 |
| 2025 | 12.87 | -61.29% | $26 | $2.02 |
| 2024 | 33.25 | 148.69% | $23.61 | $0.71 |
| 2023 | 13.37 | 94.33% | $27.55 | $2.06 |
| 2022 | 6.88 | -60.64% | $27.47 | $3.99 |
| 2021 | 17.48 | 356.4% | $23.08 | $1.32 |
| 2020 | 3.83 | -56.28% | $22.91 | $5.98 |
| 2019 | 8.76 | 17.43% | $23.04 | $2.63 |
| 2018 | 7.46 | -35.02% | $21.86 | $2.93 |
| 2017 | 11.48 | 68.82% | $22.74 | $1.98 |
| 2016 | 6.8 | -12.03% | $14.22 | $2.09 |
| 2015 | 7.73 | -15.61% | $15.76 | $2.04 |
| 2014 | 9.16 | 83.94% | $15.85 | $1.73 |
| 2013 | 4.98 | 21.46% | $17.02 | $3.42 |
| 2012 | 4.1 | 34.43% | $15.88 | $3.87 |
Saratoga Investment PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Feb 2026 | 10.03 | 4.48% | $23.16 | $2.31 |
| Nov 2025 | 9.6 | -12.81% | $23.23 | $2.42 |
| Aug 2025 | 11.01 | 8.9% | $25.54 | $2.32 |
| May 2025 | 10.11 | -21.45% | $24.78 | $2.45 |
| Feb 2025 | 12.87 | 25.68% | $26 | $2.02 |
| Nov 2024 | 10.24 | -32.23% | $25.69 | $2.51 |
| Aug 2024 | 15.11 | -21.1% | $23.57 | $1.56 |
| May 2024 | 19.15 | -42.41% | $23.74 | $1.24 |
| Feb 2024 | 33.25 | 143.59% | $23.61 | $0.71 |
| Nov 2023 | 13.65 | 44.75% | $26.21 | $1.92 |
| Aug 2023 | 9.43 | -27.18% | $25.85 | $2.74 |
| May 2023 | 12.95 | -3.14% | $28.1 | $2.17 |
| Feb 2023 | 13.37 | -41.18% | $27.55 | $2.06 |
| Nov 2022 | 22.73 | 29.22% | $26.37 | $1.16 |
| Aug 2022 | 17.59 | 33.06% | $24.28 | $1.38 |
SAR Price vs fair value
SAR average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, SAR's PE ratio is under its 3, 5 and 10-year averages.
PE comparison
With a price to earnings (P/E) of 9.7, SAR stands lower than the Financial Services sector and the industry average. Looking at the Financial Services sector average of 12.1, Saratoga Investment's price to earnings (P/E) is 20% lower.
SAR PE vs peers
SAR's PE ratio is below its peer stocks OWL and PAX.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SAR Saratoga Investment Corp | 9.7 | $364.56M |
| PAX Patria Investments Ltd | 21.31 | $1.83B |
| OWL Blue Owl Capital Inc | 78.38 | $15.89B |
Frequently asked questions
What is Saratoga Investment's PE ratio?
The price to earnings ratio for SAR stock as of Jun 3, 2026, stands at 9.7.
What is the 3-year average PE ratio for Saratoga Investment (SAR)?
The average PE ratio for SAR stock over the past 3 years is 14.04.
What is the 5-year average PE ratio for Saratoga Investment (SAR)?
The average PE ratio for SAR stock over the past 5 years is 13.44.
What is the highest PE ratio for SAR?
The highest quarterly PE ratio in the last ten years has been 33.25 and it was in the Feb 2024 quarter.
How does the current PE ratio for SAR compare to its historical average?
The current PE ratio of SAR is 12% lower than the 10-year historical average.
Why is Saratoga Investment's PE ratio so low?
SAR's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is SAR's PE ratio calculated (Saratoga Investment PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jun 3, 2026), Saratoga Investment's share price is $22.41. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2026 is $2.31. Therefore, Saratoga Investment's price to earnings ratio for today is 9.7. PE RATIO(9.7) = STOCK PRICE($22.41) / TTM EPS($2.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.