As of May 3, 2024, the Sixth Street Specialty Lending stock's PE ratio is 8.47. This results from the current EPS of $2.48 and stock price of $21.01. The P/E ratio has grown by 2.9% from the past four quarters average of 8.2.
The PE ratio of Sixth Street Specialty Lending has averaged 9.85 over the last ten years. The current PE ratio of 8.47 is 14% below the historical average. Over the past ten years, TSLX's PE ratio was at its highest in the Mar 2016 quarter at 15.51, when the stock price was $16.13 and the EPS was $1.04. The lowest value was in the Mar 2021 quarter, when it reached 4.96 with a price of $21.03 and an EPS of $4.24.
Maximum annual increase: 61.65% in 2022
Maximum annual decrease: -41.96% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 8.28 | -35.81% |
| 2022 | 12.9 | 61.65% |
| 2021 | 7.98 | 1.92% |
| 2020 | 7.83 | -14.71% |
| 2019 | 9.18 | -5.65% |
| 2018 | 9.73 | -8.64% |
| 2017 | 10.65 | 33.46% |
| 2016 | 7.98 | -41.96% |
| 2015 | 13.75 | 37.36% |
| 2014 | 10.01 | N/A |
Currently, TSLX's PE ratio is below the 3, 5 and 10-year averages.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TSLX Sixth Street Specialty Lending Inc | 8.47 | $1.95B |
| ORC Orchid Island Capital Inc | N/A | $452.93M |
TSLX's price to earnings ratio is 8.47 as of May 3, 2024.
Over the last 3 years, the average price to earnings ratio for TSLX stock is 9.28.
Over the last 5 years, the average price to earnings ratio for TSLX stock is 9.25.
In the last ten years, the Mar 2016 quarter recorded the highest quarterly PE ratio at 15.51.
TSLX's price to earnings ratio is currently 14% below its 10-year historical average.
TSLX's PE ratio of 8.47 is considered low because the company's stock price is trading at a lower multiple of earnings.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 3, 2024), Sixth Street Specialty Lending's stock price is $21.01. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.48. Therefore, Sixth Street Specialty Lending's P/E ratio for today is 8.47. PE RATIO(8.47) = STOCK PRICE($21.01) / TTM EPS($2.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.