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Gladstone Commercial (Gladstone Commercial) Shiller PE Ratio : (As of Apr. 27, 2024)


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What is Gladstone Commercial Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gladstone Commercial Shiller PE Ratio Historical Data

The historical data trend for Gladstone Commercial's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gladstone Commercial Shiller PE Ratio Chart

Gladstone Commercial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Gladstone Commercial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Gladstone Commercial's Shiller PE Ratio

For the REIT - Diversified subindustry, Gladstone Commercial's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gladstone Commercial's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Gladstone Commercial's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gladstone Commercial's Shiller PE Ratio falls into.



Gladstone Commercial Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Gladstone Commercial's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Gladstone Commercial's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.04/129.4194*129.4194
=0.040

Current CPI (Dec. 2023) = 129.4194.

Gladstone Commercial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.930 99.695 -1.207
201406 0.010 100.560 0.013
201409 -0.050 100.428 -0.064
201412 0.320 99.070 0.418
201503 -0.030 99.621 -0.039
201506 -0.040 100.684 -0.051
201509 -0.060 100.392 -0.077
201512 0.060 99.792 0.078
201603 -0.020 100.470 -0.026
201606 -0.030 101.688 -0.038
201609 -0.100 101.861 -0.127
201612 -0.010 101.863 -0.013
201703 0.070 102.862 0.088
201706 -0.080 103.349 -0.100
201709 -0.010 104.136 -0.012
201712 -0.160 104.011 -0.199
201803 0.060 105.290 0.074
201806 -0.010 106.317 -0.012
201809 -0.010 106.507 -0.012
201812 -0.020 105.998 -0.024
201903 0.060 107.251 0.072
201906 -0.020 108.070 -0.024
201909 -0.020 108.329 -0.024
201912 -0.180 108.420 -0.215
202003 -0.020 108.902 -0.024
202006 -0.060 108.767 -0.071
202009 -0.004 109.815 -0.005
202012 0.170 109.897 0.200
202103 -0.080 111.754 -0.093
202106 -0.080 114.631 -0.090
202109 0.040 115.734 0.045
202112 0.040 117.630 0.044
202203 0.010 121.301 0.011
202206 -0.040 125.017 -0.041
202209 -0.010 125.227 -0.010
202212 0.000 125.222 0.000
202303 -0.020 127.348 -0.020
202306 -0.190 128.729 -0.191
202309 -0.040 129.860 -0.040
202312 0.040 129.419 0.040

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Gladstone Commercial  (NAS:GOOD) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Gladstone Commercial Shiller PE Ratio Related Terms

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Gladstone Commercial (Gladstone Commercial) Business Description

Traded in Other Exchanges
Address
1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Commercial Corp is a real estate investment trust, which engages in investing and owning net leased industrial, commercial, and retail real property and making long-term industrial and commercial mortgage loans. Its portfolio consists of single-tenant commercial, industrial real properties, and medical properties nationwide. Its principal investment objectives are to generate income from rental properties.
Executives
Gary Gerson officer: Chief Financial Officer 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22207
Jay Beckhorn officer: Treasurer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Arthur S. Cooper officer: Chief Investment Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Elliott Jr Wislar officer: Chief Investment Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Paula Novara director 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Robert G Cutlip officer: President C/O HIGHWOODS PROPERTIES, 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Michela A English director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
Michael Sodo officer: CFO 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Michael Licalsi other: Affiliate of External Advisor 1521 WESTBRANCH DR., MCLEAN VA 22102
Paul W Adelgren director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
David Gladstone director, officer: CEO 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Caren D Merrick director 1521 WESTBRANCH, SUITE 100, MCLEAN VA 22102
Walter H Wilkinson director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Jennifer A Smith officer: Valuation Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
George Iii Stelljes director, officer: EVP, Chief Investment Officer C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102