Saratoga Investment Corp 6.00% (SAT) P/E Ratio History
UndervaluedTrading at 10.8x vs 5Y avg 13.6x · 44th percentile · Below historical baseline · Data 2023–2026
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P/E Ratio Analysis
As of June 30, 2026, Saratoga Investment Corp 6.00% (SAT) trades at a price-to-earnings ratio of 10.8x, with a stock price of $24.93 and trailing twelve-month earnings per share of $2.31.
The current P/E is 20% below its 5-year average of 13.6x. Over the past five years, SAT's P/E has ranged from a low of 3.0x to a high of 33.8x, placing the current valuation at the 44th percentile of its historical range.
Compared to the Financial Services sector median P/E of 14.1x, SAT trades at a 24% discount to its sector peers. The sector includes 801 companies with P/E ratios ranging from 0.0x to 162.0x.
The PEG ratio of 0.91 (P/E divided by 14% EPS growth) suggests the stock may be undervalued relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, SAT trades at a notable discount to the S&P 500 median P/E of 25.1x. 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 SAT 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.
SAT Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
SAT 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) |
|---|---|---|---|---|
| $362M | 9.6 | 0.81 | +14% | |
| $3B | 9.0 | 0.29 | +4% | |
| $13B | 10.0 | 0.97 | -24% | |
| $997M | 6.5 | - | -20% | |
| $196M | 4.0Lowest | 3.91 | +49%Best | |
| $742M | 10.4 | 1.17 | -49% | |
| $680M | 7.3 | 0.21 | -3% | |
| $755M | 10.8 | 0.16 | -36% | |
| $3B | 8.6 | - | +15% | |
| $5B | 9.3 | 0.14Best | -6% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
SAT Historical P/E Data (2023–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q4 | Feb 28 2026 | $6.95 | $2.33 | 3.0x | -78% |
| FY2026 Q3 | Nov 30 2025 | $24.75 | $2.44 | 10.1x | -25% |
| FY2026 Q2 | Aug 31 2025 | $24.88 | $2.34 | 10.6x | -22% |
| FY2026 Q1 | May 31 2025 | $24.43 | $2.47 | 9.9x | -27% |
| FY2025 Q4 | Feb 28 2025 | $24.68 | $2.04 | 12.1x | -11% |
| FY2025 Q3 | Nov 30 2024 | $24.50 | $2.48 | 9.9x | -27% |
| FY2025 Q2 | Aug 31 2024 | $24.15 | $1.53 | 15.8x | +16% |
| FY2025 Q1 | May 31 2024 | $24.07 | $1.21 | 19.9x | +47% |
| FY2024 Q4 | Feb 28 2024 | $24.05 | $0.71 | 33.8x | +149% |
| FY2024 Q3 | - | $23.55 | $1.94 | 12.1x | -11% |
| FY2024 Q2 | - | $23.45 | $2.76 | 8.5x | -37% |
| FY2024 Q1 | May 31 2023 | $23.10 | $2.19 | 10.5x | -22% |
| FY2023 Q4 | - | $23.80 | $2.09 | 11.4x | -16% |
| FY2023 Q3 | Nov 30 2022 | $23.00 | $1.17 | 19.7x | +45% |
| FY2023 Q2 | Aug 31 2022 | $24.12 | $1.39 | 17.4x | +28% |
| FY2023 Q1 | - | $24.73 | $2.02 | 12.2x | -10% |
Average P/E for displayed period: 13.6x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
3+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
SAT — Frequently Asked Questions
Quick answers to the most common questions about buying SAT stock.
What is SAT's P/E ratio?
Saratoga Investment Corp 6.00% (SAT) trailing twelve-month P/E ratio is 10.8x, based on TTM diluted EPS of $2.31. The 5-year average P/E is 13.6x and the historical range spans 3.0x to 33.8x.
Is SAT stock overvalued or undervalued?
SAT trades at 10.8x P/E, below its 5-year average of 13.6x. At the 44th percentile of its historical range (3.0x–33.8x), the stock is priced at a discount to its own history.
Is SAT stock expensive?
No, SAT is not expensive on a historical basis. The current P/E of 10.8x is below the 5-year average of 13.6x and sits at the 44th percentile of its valuation range.
What is SAT's historical P/E range?
Over the past 5 years, SAT's P/E ratio has ranged from 3.0x to 33.8x, with a median of 12.1x and an average of 13.6x. The current P/E of 10.8x places the stock at the 44th percentile of this range. Full historical data spans 2023–2026.
How does SAT's P/E compare to the S&P 500?
SAT trades at 10.8x P/E versus the S&P 500 median of 25.1x. The 57% discount to the market suggests lower growth expectations or perceived higher risk.
How does SAT's valuation compare to Financial Services peers?
Saratoga Investment Corp 6.00% P/E of 10.8x compares to the Financial Services sector median of 14.1x. 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 SAT's PEG ratio?
SAT PEG ratio is 0.91, based on a P/E of 10.8x and EPS growth of 14.4%. A PEG below 1.0 indicates the valuation is supported by the earnings growth rate — typically considered attractive.
What is SAT's earnings yield?
SAT earnings yield is 9.27%, the inverse of its 10.8x 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.