Goldman Sachs BDC, Inc. (GSBD) P/E Ratio History
UndervaluedTrading at 9.0x vs 5Y avg 14.3x · 35th percentile · Below historical baseline · Data 2015–2026
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P/E Ratio Analysis
As of June 21, 2026, Goldman Sachs BDC, Inc. (GSBD) trades at a price-to-earnings ratio of 9.0x, with a stock price of $9.31 and trailing twelve-month earnings per share of $0.66.
The current P/E is 37% below its 5-year average of 14.3x. Over the past five years, GSBD's P/E has ranged from a low of 3.8x to a high of 33.1x, placing the current valuation at the 35th percentile of its historical range.
Compared to the Financial Services sector median P/E of 13.6x, GSBD trades at a 33% discount to its sector peers. The sector includes 783 companies with P/E ratios ranging from 0.0x to 196.5x.
Relative to the broader market, GSBD trades at a notable discount to the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our GSBD DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
GSBD Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
GSBD P/E vs Peers
Private credit and BDC lenders peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $13B | 9.7 | 0.94 | -24% | |
| $997M | 6.5 | - | -20% | |
| $3B | 8.7 | 0.28 | +4% | |
| $203M | 4.1Lowest | 4.04 | +49%Best | |
| $761M | 10.8 | 0.16Best | -36% | |
| $1B | 29.7 | - | -46% | |
| $3B | 261.3 | - | -98% | |
| $868M | 8.5 | 0.21 | -7% | |
| $678M | 7.3 | 0.20 | -3% | |
| $742M | 10.4 | 1.17 | -49% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
GSBD Historical P/E Data (2015–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $8.88 | $0.64 | 13.9x | -17% |
| FY2025 Q4 | Dec 31 2025 | $9.28 | $1.03 | 9.0x | -46% |
| FY2025 Q3 | - | $10.17 | $1.15 | 8.8x | -47% |
| FY2025 Q2 | Jun 30 2025 | $11.25 | $1.25 | 9.0x | -46% |
| FY2025 Q1 | Mar 31 2025 | $11.63 | $0.44 | 26.4x | +58% |
| FY2024 Q4 | - | $12.10 | $0.56 | 21.6x | +29% |
| FY2024 Q3 | Sep 30 2024 | $13.76 | $0.70 | 19.7x | +18% |
| FY2024 Q2 | Jun 30 2024 | $15.03 | $0.85 | 17.7x | +6% |
| FY2024 Q1 | Mar 31 2024 | $14.98 | $1.92 | 7.8x | -53% |
| FY2023 Q4 | Dec 31 2023 | $14.65 | $1.80 | 8.1x | -51% |
| FY2023 Q3 | Sep 30 2023 | $14.56 | $1.38 | 10.6x | -37% |
| FY2023 Q2 | Jun 30 2023 | $13.86 | $0.83 | 16.7x | -0% |
| FY2023 Q1 | Mar 31 2023 | $13.65 | $0.41 | 33.1x | +98% |
| FY2022 Q4 | Dec 31 2022 | $13.72 | $0.53 | 25.8x | +54% |
| FY2022 Q3 | Sep 30 2022 | $14.45 | $0.88 | 16.5x | -1% |
| FY2022 Q2 | - | $16.80 | $1.32 | 12.7x | -24% |
| FY2022 Q1 | - | $19.61 | $1.68 | 11.7x | -30% |
| FY2021 Q4 | Dec 31 2021 | $19.16 | $1.89 | 10.1x | -39% |
| FY2021 Q3 | - | $18.35 | $4.71 | 3.9x | -77% |
| FY2021 Q2 | Jun 30 2021 | $19.60 | $5.14 | 3.8x | -77% |
| FY2021 Q1 | Mar 31 2021 | $19.33 | $5.46 | 3.5x | -79% |
| FY2020 Q4 | - | $19.12 | $3.28 | 5.8x | -65% |
| FY2020 Q3 | Sep 30 2020 | $15.04 | $0.30 | 50.1x | +200% |
| FY2019 Q4 | - | $21.28 | $0.90 | 23.6x | +42% |
| FY2019 Q3 | Sep 30 2019 | $20.09 | $0.65 | 31.0x | +85% |
| FY2019 Q2 | Jun 30 2019 | $19.67 | $0.90 | 21.9x | +31% |
| FY2019 Q1 | Mar 31 2019 | $20.54 | $0.93 | 22.1x | +32% |
| FY2018 Q4 | Dec 31 2018 | $18.38 | $1.33 | 13.8x | -17% |
| FY2018 Q3 | Sep 30 2018 | $22.18 | $1.68 | 13.2x | -21% |
| FY2018 Q2 | Jun 30 2018 | $20.48 | $1.66 | 12.3x | -26% |
| FY2018 Q1 | Mar 31 2018 | $19.13 | $1.35 | 14.2x | -15% |
| FY2017 Q4 | Dec 31 2017 | $22.18 | $1.29 | 17.2x | +3% |
| FY2017 Q3 | Sep 30 2017 | $22.82 | $1.12 | 20.4x | +22% |
| FY2017 Q2 | Jun 30 2017 | $22.52 | $1.29 | 17.5x | +5% |
| FY2017 Q1 | Mar 31 2017 | $24.64 | $1.36 | 18.1x | +8% |
| FY2016 Q4 | Dec 31 2016 | $23.52 | $1.11 | 21.2x | +27% |
| FY2016 Q3 | Sep 30 2016 | $21.77 | $0.99 | 21.9x | +31% |
| FY2016 Q2 | - | $19.99 | $0.74 | 26.9x | +61% |
| FY2016 Q1 | - | $19.60 | $1.05 | 18.6x | +11% |
| FY2015 Q4 | - | $19.00 | $1.36 | 13.9x | -17% |
| FY2015 Q3 | Sep 30 2015 | $18.41 | $1.44 | 12.8x | -23% |
| FY2015 Q2 | - | $23.65 | $1.45 | 16.3x | -2% |
| FY2015 Q1 | - | $20.66 | $1.37 | 15.1x | -10% |
Average P/E for displayed period: 16.7x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
11+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
GSBD — Frequently Asked Questions
Quick answers to the most common questions about buying GSBD stock.
What is GSBD's P/E ratio?
Goldman Sachs BDC, Inc. (GSBD) trailing twelve-month P/E ratio is 9.0x, based on TTM diluted EPS of $0.66. The 5-year average P/E is 14.3x and the historical range spans 3.8x to 33.1x.
Is GSBD stock overvalued or undervalued?
GSBD trades at 9.0x P/E, below its 5-year average of 14.3x. At the 35th percentile of its historical range (3.8x–33.1x), the stock is priced at a discount to its own history.
Is GSBD stock expensive?
No, GSBD is not expensive on a historical basis. The current P/E of 9.0x is below the 5-year average of 14.3x and sits at the 35th percentile of its valuation range.
What is GSBD's historical P/E range?
Over the past 5 years, GSBD's P/E ratio has ranged from 3.8x to 33.1x, with a median of 12.7x and an average of 14.3x. The current P/E of 9.0x places the stock at the 35th percentile of this range. Full historical data spans 2015–2026.
How does GSBD's P/E compare to the S&P 500?
GSBD trades at 9.0x P/E versus the S&P 500 median of 24.4x. The 63% discount to the market suggests lower growth expectations or perceived higher risk.
How does GSBD's valuation compare to Financial Services peers?
Goldman Sachs BDC, Inc. P/E of 9.0x compares to the Financial Services sector median of 13.6x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is GSBD's PEG ratio?
GSBD PEG ratio is N/A, based on a P/E of 9.0x and EPS growth of 87.3%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is GSBD's earnings yield?
GSBD earnings yield is 11.06%, the inverse of its 9.0x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.