Golub Capital BDC, Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Golub Capital BDC, Inc. (GBDC), the latest P/E of 23.6 frames valuation, while ROE 3.82% and ROIC 4.81% indicates profitability and capital efficiency. Together with the current ratio of 1.48 and debt-to-equity 1.22, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

GBDC Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$2.75$3.23$2.36$2.51$1.49$2.47$0.95$0.46$1.96$2.09
Net Income per Share$0.56$1.49$1.36$1.52$0.90$2.03$0.37$-0.28$1.33$1.45
Operating Cash Flow per Share$2.71$-0.43$1.71$1.15$-2.44$-1.82$1.26$-1.77$-0.14$1.09
Free Cash Flow per Share$2.71$-0.43$1.71$1.15$-2.44$-1.82$1.26$-1.77$-0.14$1.09
Cash per Share$0.05$0.38$0.65$0.41$0.73$1.08$0.18$0.10$0.10$0.07
Book Value per Share$14.23$14.97$19.95$14.96$14.91$15.37$16.09$33.22$15.69$16.83
Tangible Book Value per Share$14.23$14.97$19.95$14.96$14.91$15.37$16.09$33.22$15.69$16.83
Interest Debt per Share$18.41$1.09$23.86$19.15$18.55$15.58$14.05$32.33$14.19$14.20
CAPEX per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

GBDC Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)23.559.1811.119.6613.787.8135.93-67.8514.1513.02
Price to Book (P/B)0.910.910.760.980.831.030.820.571.21.12
Price to Sales (P/S)4.724.246.395.848.36.413.9140.839.68.99
Enterprise Value to EBITDA20.06027.3721.1532.7614.7572.22-181.5724.3522.4
EV to Sales11.044.1215.7812.9719.912.1127.97109.2716.5315.48
EV to Operating Cash Flow11.18-31.1721.8328.39-12.17-16.4221.12-28.48-235.4129.65
EV to Free Cash Flow11.18-31.1721.8328.39-12.17-16.4221.12-28.48-235.4129.65
Enterprise Value$7.90B$3.54B$7.51B$5.55B$5.07B$5.03B$3.96B$3.37B$2.00B$1.84B

GBDC Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)3.82%9.96%6.82%10.15%6.03%13.18%2.29%-0.84%8.46%8.59%
Return on Invested Capital (ROIC)4.81%0.00%3.17%4.53%2.76%6.72%1.29%-0.44%4.63%4.91%
Return on Tangible Assets1.76%4.42%3.14%4.51%2.70%6.59%1.23%-0.42%4.47%4.69%
Earnings Yield4.35%10.90%9.00%10.35%7.26%12.81%2.78%-1.47%7.07%7.68%
Free Cash Flow Yield20.94%-3.12%11.31%7.82%-19.69%-11.52%9.52%-9.40%-0.73%5.81%
Dividend Yield11.12%0.84%11.12%7.66%7.34%5.24%6.92%5.97%6.13%7.17%

GBDC Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio1.4803.665.172.416.461.490.440.520.53
Interest Coverage1.5501.351.831.735.180.73-0.432.472.61
Income Quality6.6327.251.260.76-2.71-0.93.426.38-0.10.76
Debt to Equity1.2201.151.221.210.990.840.950.870.81
Debt to Assets54.41%0.00%52.83%54.38%54.15%49.40%45.40%48.23%45.91%44.28%
Net Debt to EBITDA11.49016.2911.6219.096.9536.29-113.7310.219.39

GBDC Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover11.7512.626.437.3712.2522.748.211.8418.1319
Payables Turnover14.103.635.793.3536.736.310.035.355.16
Inventory Turnover0000000000
Days Sales Outstanding31.0728.9156.849.5529.816.0544.47198.520.1419.21
Days Payables Outstanding25.880100.6163.07108.949.9457.9236.3968.2670.75
Days of Inventory on Hand0000000000

GBDC Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA20.06027.3721.1532.7614.7572.22-181.5724.3522.4
Market Cap$3.37B$3.64B$3.04B$2.50B$2.11B$2.66B$1.97B$1.26B$1.16B$1.07B
Enterprise Value$7.90B$3.54B$7.51B$5.55B$5.07B$5.03B$3.96B$3.37B$2.00B$1.84B
Dividend Yield11.12%0.84%11.12%7.66%7.34%5.24%6.92%5.97%6.13%7.17%
Payout Ratio214.63%7.74%123.52%74.03%101.15%40.88%248.63%-405.31%86.69%93.31%

Frequently Asked Questions

How does Golub Capital BDC, Inc.’s P/E ratio compare with its history?

On this page, GBDC's current P/E is 23.6, compared with a multi-year average around 15.4. A higher P/E versus its own history is a calculated premium versus that average—not a conclusion that the stock is expensive. Cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so the multiple is read with those published figures.

What is Golub Capital BDC, Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $3.37B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Golub Capital BDC, Inc.’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Golub Capital BDC, Inc.'s own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Golub Capital BDC, Inc. compare to its competitors in key financial ratios?

The fastest way to compare Golub Capital BDC, Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Golub Capital BDC, Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Golub Capital BDC, Inc.'s liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Golub Capital BDC, Inc. is financially strong. Current ratio is about 1.48, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 1.55, implying less buffer for servicing interest costs. Debt-to-equity is about 1.22, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Golub Capital BDC, Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Golub Capital BDC, Inc. is sustaining strong returns (for example ROE at 3.82% and ROIC at 4.81%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.