A Look at Prospect Capital’s Discounted Valuations
The PE ratio for Prospect Capital (PSEC) is 8.97x on an NTM (next-12-month) basis, which implies its discounted valuation since the peer average is 9.61x. Prospect’s competitors Ares Capital (ARCC), Apollo Investment (AINV), and FS Investment (FSIC) have PE ratios of 10.16x, 8.69x, and 9.99x, respectively, on an NTM basis.