What is BXSL's Value Score?

Blackstone Secured Lending Fund (BXSL) has a StockPik Value Score of 75 out of 100 — a high score, indicating strong value characteristics across multiple metrics. The Value Score is a composite ranking built from P/E ratio, P/B ratio, Graham Number, ROE, gross margin, debt-to-equity, current ratio, and Piotroski F-Score, calculated from SEC EDGAR annual filing data.

What is BXSL's Piotroski F-Score?

Blackstone Secured Lending Fund (BXSL) has a Piotroski F-Score of 1 out of 9 — a weak score indicating financial deterioration across multiple criteria. The F-Score assesses nine binary financial criteria across profitability, leverage, and operating efficiency. A score of 7–9 indicates a financially improving company; a score of 0–3 is a warning sign.

Is BXSL trading below its Graham Number?

BXSL is currently trading below its Graham Number. The stock price of $23.65 is 39.6% below the Graham Number of $39.16, representing a margin of safety by Benjamin Graham's definition. The Graham Number is calculated as √(22.5 × EPS × Book Value Per Share) and represents Benjamin Graham's ceiling price for a defensive investor.

What is BXSL's Graham Number?

BXSL's Graham Number is $39.16, calculated using the Benjamin Graham formula √(22.5 × EPS × Book Value per Share). The Graham Number is an estimate of intrinsic value — the maximum price a defensive investor should pay. At the current price of $23.65, BXSL is trading 40% below its Graham Number.

What is BXSL's Piotroski F-Score?

BXSL's Piotroski F-Score is 1 out of 9, indicating weak financial health and possible deterioration. The Piotroski F-Score evaluates nine criteria across profitability, leverage, and operating efficiency. Scores of 7 or above are considered strong; 3 or below indicate financial weakness.

Is BXSL (Blackstone Secured Lending Fund) undervalued?

BXSL scores 75/100 on StockPik's Value Score, placing it in undervalued territory. The stock trades 40% below its Graham Number of $39.16.

What is BXSL's P/E ratio?

BXSL's trailing P/E ratio is 9.3x — a low earnings multiple, suggesting the stock may be undervalued relative to its earnings.

Does Blackstone Secured Lending Fund (BXSL) pay a dividend?

Yes, BXSL currently pays a dividend yield of 13.0%. View the full dividend and value analysis on StockPik.

Back to Screener

Blackstone Secured Lending Fund (BXSL)

NYSE Mid Cap

$23.65

Market Cap: $5.5B

Data as of Sep 30, 2025 (TTM)

Price History

Feb 9, 2026 — Apr 4, 2026

Investment Snapshot

Trading 40% below Graham Number ($39.16) — significant margin of safety
Piotroski F-Score 1/9 — signs of financial weakness
ROE of 9.4% — below-average profitability
High dividend yield of 13.0%

Blackstone Secured Lending Fund (BXSL) is a publicly traded company, listed on the NYSE , with a market capitalisation of $5.5 billion . Key value metrics: P/E ratio 9.3, P/B ratio 0.88, Piotroski F-Score 1 out of 9 .

Value Score

out of 100

Try PRO Free — See Full Breakdown

Key Metrics

P/E Ratio

9.33

P/B Ratio

0.88

EPS

$2.54

Div. Yield

13.0%

PEG Ratio

—

P/S Ratio

—

EV/EBITDA

—

ROE

—

ROA

—

Gross Margin

—

Op. Margin

—

Net Margin

—

Debt/Equity

—

Current Ratio

—

Unlock 19 More Metrics — 7 Days Free

Current vs 5-Year Average

Based on 5 years of SEC filings

Net Margin

—

↑ +2.1pp avg —

Gross Margin

—

↑ +2.1pp avg —

Operating Margin

—

↑ +2.1pp avg —

Return on Equity

—

↑ +2.1pp avg —

Debt / Equity

—

↑ +2.1pp avg —

See How Margins & ROE Have Trended — Try PRO

Revenue & Net Income

Profit Margins

Track Gross, Operating & Net Margins — Try PRO

EPS & Free Cash Flow Per Share

See EPS & Free Cash Flow Trends — Try PRO

Financial Statements

Metric	FY22	FY23	FY24
Revenue	$X.XB	$X.XB	$X.XB
Gross Profit	$X.XB	$X.XB	$X.XB
Operating Income	$X.XB	$X.XB	$X.XB
Net Income	$X.XB	$X.XB	$X.XB
EBITDA	$X.XB	$X.XB	$X.XB
Total Assets	$X.XB	$X.XB	$X.XB
Total Liabilities	$X.XB	$X.XB	$X.XB

Unlock 5 Years of Financials — Start Free Trial

Data sourced from SEC EDGAR and Polygon.io. Methodology.

Blackstone Secured Lending Fund — Fundamental Analysis Summary

Blackstone Secured Lending Fund (BXSL) is trading 40% below its Graham Number of $39.16 — a significant margin of safety by Benjamin Graham's standard. The stock carries a low trailing P/E ratio of 9.3x.

On financial health, BXSL shows a weak Piotroski F-Score of 1/9, a signal of deteriorating financial health, and modest return on equity of 9.4%, and elevated leverage with a debt-to-equity ratio of 1.29.

StockPik's composite Value Score for BXSL is 75/100 — placing it in undervalued territory. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.

BXSL shows earnings declining at 19%.

BXSL pays a high dividend yield of 13.0%.

Stocks below Graham Number

Browse other stocks trading below intrinsic value, ranked by margin of safety

Stocks below book value

Other stocks trading at a discount to net assets (P/B < 1)

High-yield dividend stocks

Other stocks paying a dividend yield of 3% or more

How is the Value Score calculated?

Read our full methodology →

What is the margin of safety?

How to calculate the margin of safety using the Graham Number, and what counts as a good margin of safety →

BXP — BXP, INC.

Byline Bancorp, Inc. — BY