Barings Participation Investors (the Trust)
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | Q3 15 | Q4 15 | Q1 16 | Q2 16 | Q3 16 | Q4 16 | Q1 17 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 | Q1 19 | Q2 19 | Q3 19 | Q4 19 | Q1 20 | Q2 20 | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q4 24 | Q2 25 | Q4 25 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||||||||||||
| 6.7 | 9.6 | 12.5 | 15.0 | 10.4 | 7.7 | 7.1 | 5.7 | 5.7 | 5.1 | 6.2 | 10.6 | 11.8 | 43.1 | 19.2 | 9.6 | 10.9 | 6.5 | 9.6 | – | – | 33.5 | 7.4 | 3.9 | 3.5 | 3.8 | 3.9 | 5.3 | 6.6 | 11.0 | 8.9 | 5.7 | 5.6 | 6.0 | 6.3 | 6.6 | 6.0 | – | – | – | |
| 7.0 | 7.7 | 8.2 | 8.6 | 8.4 | 7.9 | 7.5 | 7.0 | 7.2 | 7.1 | 6.7 | 7.3 | 6.9 | 9.0 | 10.7 | 10.1 | 11.9 | 8.5 | 6.1 | 7.0 | 6.2 | 6.5 | 7.4 | 8.1 | 8.1 | 8.8 | 7.9 | 7.0 | 6.1 | 6.3 | 5.9 | 5.1 | 5.0 | 5.4 | 5.6 | 5.8 | 5.0 | – | – | – | |
| 1.0 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.0 | 1.0 | 1.0 | 1.0 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.2 | 1.2 | 1.2 | 0.9 | 1.0 | 0.8 | 0.9 | 0.9 | 0.9 | 0.9 | 1.0 | 0.9 | 0.8 | 0.7 | 0.8 | 0.8 | 0.8 | 0.9 | 1.0 | 1.0 | 1.0 | 1.1 | 1.3 | 1.0 | 1.1 | |
| – | 8.2 | – | – | – | 8.4 | – | – | 7.5 | 7.5 | 6.9 | 7.4 | 7.0 | 8.9 | 10.7 | 10.2 | 12.0 | 8.6 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |
| 6.2 | 6.0 | 5.2 | 4.3 | 7.3 | 14.5 | 19.9 | 50.7 | 12.8 | 7.3 | 10.1 | 7.7 | 7.9 | 6.4 | 6.0 | 9.8 | 11.8 | 15.3 | 6.7 | 7.0 | 6.9 | 7.4 | 17.3 | 24.1 | 15.1 | 34.6 | – | – | – | – | 38.5 | 7.4 | 8.0 | 8.6 | 7.8 | 7.5 | 7.7 | – | – | – | |
| 16.2% | 16.6% | 19.1% | 23.4% | 13.7% | 6.9% | 5.0% | 2.0% | 7.8% | 13.6% | 9.9% | 13.0% | 12.7% | 15.7% | 16.6% | 10.2% | 8.5% | 6.5% | 14.9% | 14.2% | 14.4% | 13.5% | 5.8% | 4.1% | 6.6% | 2.9% | -0.9% | -5.1% | -8.3% | -5.1% | 2.6% | 13.6% | 12.6% | 11.6% | 12.8% | 13.4% | 13.1% | – | – | – | |
| Margins | ||||||||||||||||||||||||||||||||||||||||
| 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 98.2% | 96.0% | 94.5% | 90.4% | 91.8% | 95.0% | 97.3% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | – | – | – | |
| 85.5% | 83.1% | 82.4% | 81.5% | 82.3% | 84.6% | 85.2% | 86.2% | 86.1% | 84.8% | 64.0% | 45.0% | 50.4% | 26.4% | 49.1% | 73.0% | 68.4% | 84.3% | 84.2% | 83.4% | 83.6% | 85.1% | 84.7% | 84.4% | 83.4% | 81.4% | 81.5% | 81.9% | 82.3% | 82.8% | 84.2% | 85.9% | 86.8% | 87.6% | 87.4% | 87.4% | 87.4% | – | – | – | |
| 104.0% | 80.3% | 65.3% | 57.5% | 80.6% | 102.4% | 105.6% | 122.8% | 126.1% | 138.4% | 108.2% | 68.2% | 58.3% | 20.8% | 55.6% | 105.5% | 108.8% | 130.2% | 63.3% | -19.0% | -6.7% | 19.4% | 99.0% | 207.9% | 229.3% | 233.4% | 204.2% | 132.5% | 91.9% | 56.8% | 66.2% | 89.3% | 89.6% | 91.0% | 89.1% | 86.6% | 84.3% | – | – | – | |
| 113.3% | 127.9% | 155.8% | 201.9% | 115.0% | 54.2% | 37.8% | 13.9% | 56.4% | 96.2% | 66.4% | 94.1% | 87.8% | 141.0% | 177.2% | 103.4% | 100.7% | 55.3% | 90.6% | 99.5% | 89.2% | 87.8% | 42.5% | 33.7% | 53.6% | 25.4% | -6.8% | -35.7% | -50.8% | -31.8% | 15.3% | 69.6% | 63.3% | 62.9% | 72.3% | 77.0% | 65.9% | – | – | – | |
| Returns | ||||||||||||||||||||||||||||||||||||||||
| 14.4% | 11.0% | 8.5% | 7.3% | 10.3% | 14.1% | 14.6% | 17.5% | 17.7% | 20.0% | 17.1% | 10.0% | 9.1% | 2.6% | 5.8% | 12.3% | 11.4% | 18.0% | 9.3% | -2.7% | -0.9% | 2.6% | 12.2% | 24.1% | 25.5% | 25.9% | 22.7% | 15.5% | 11.3% | 7.5% | 9.3% | 14.5% | 15.2% | 17.0% | 16.1% | 15.7% | 18.6% | – | – | – | |
| 12.9% | 9.6% | 7.6% | 6.5% | 9.0% | 12.4% | 13.1% | 15.7% | 15.9% | 17.5% | 15.3% | 8.9% | 8.1% | 2.3% | 5.2% | 11.1% | 10.3% | 15.9% | 8.3% | -2.4% | -0.8% | 2.3% | 11.1% | 21.8% | 23.1% | 22.3% | 19.7% | 13.5% | 9.8% | 6.4% | 8.2% | 12.8% | 13.4% | 14.6% | 14.7% | 14.3% | 15.6% | – | – | – | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||||||||||||
| – | 8.3 | – | – | – | 11 | – | – | 6.4 | 9.2 | 4.3 | 2.5 | 2.6 | -1.4 | 1.4 | 1.4 | 1.2 | 1.9 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |
| 89.6% | 87.5% | 89.4% | 89.2% | 88.3% | 87.7% | 89.6% | 90.1% | 89.7% | 87.4% | 89.6% | 89.6% | 89.3% | 87.4% | 90.4% | 90.4% | 90.0% | 88.6% | 89.4% | 89.7% | 89.5% | 88.3% | 90.5% | 90.5% | 90.8% | 86.2% | 87.0% | 86.9% | 87.1% | 85.4% | 88.0% | 88.0% | 88.1% | 85.8% | 91.4% | 91.4% | 84.2% | 86.9% | 78.6% | 81.5% | |
| – | 0.1 | – | – | – | 0.1 | – | – | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| 1.97 | 1.44 | 1.14 | 0.98 | 1.40 | 1.85 | 1.98 | 2.44 | 2.52 | 2.77 | 2.39 | 1.38 | 1.26 | 0.35 | 0.80 | 1.70 | 1.59 | 2.47 | 1.20 | -0.35 | -0.12 | 0.35 | 1.73 | 3.51 | 3.90 | 3.93 | 3.48 | 2.33 | 1.71 | 1.12 | 1.44 | 2.25 | 2.38 | 2.62 | 2.54 | 2.48 | 2.86 | – | – | – | |
| 1.89 | 1.79 | 1.75 | 1.70 | 1.74 | 1.81 | 1.88 | 1.99 | 2.00 | 2.00 | 2.20 | 2.02 | 2.16 | 1.68 | 1.45 | 1.61 | 1.46 | 1.90 | 1.90 | 1.83 | 1.76 | 1.83 | 1.75 | 1.69 | 1.70 | 1.68 | 1.70 | 1.76 | 1.86 | 1.97 | 2.17 | 2.52 | 2.66 | 2.88 | 2.86 | 2.87 | 3.39 | – | – | – | |
| 13.64 | 13.09 | 13.39 | 13.46 | 13.65 | 13.12 | 13.56 | 13.98 | 14.24 | 13.84 | 13.93 | 13.84 | 13.88 | 13.34 | 13.87 | 13.87 | 13.92 | 13.76 | 13.00 | 13.00 | 13.35 | 13.60 | 14.18 | 14.57 | 15.32 | 15.19 | 15.33 | 15.01 | 15.14 | 14.99 | 15.45 | 15.54 | 15.68 | 15.41 | 15.82 | 15.82 | 15.40 | 15.68 | 15.23 | 15.81 | |
| 2.14 | 2.29 | 2.73 | 3.44 | 2.00 | 0.98 | 0.71 | 0.28 | 1.13 | 1.92 | 1.46 | 1.90 | 1.89 | 2.37 | 2.56 | 1.67 | 1.47 | 1.05 | 1.73 | 1.82 | 1.57 | 1.60 | 0.74 | 0.57 | 0.91 | 0.43 | -0.12 | -0.63 | -0.94 | -0.62 | 0.33 | 1.75 | 1.68 | 1.81 | 2.06 | 2.21 | 2.23 | – | – | – | |
Showing the most recent 40 periods — older statements are on file for this stock.
Data as of: October 8, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.