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Gladstone Commercial (FRA:GLE) Cyclically Adjusted PS Ratio : 3.24 (As of Jun. 10, 2024)


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What is Gladstone Commercial Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Gladstone Commercial's current share price is €13.39. Gladstone Commercial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.13. Gladstone Commercial's Cyclically Adjusted PS Ratio for today is 3.24.

The historical rank and industry rank for Gladstone Commercial's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:GLE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.15   Med: 4.16   Max: 5.77
Current: 3.19

During the past years, Gladstone Commercial's highest Cyclically Adjusted PS Ratio was 5.77. The lowest was 2.15. And the median was 4.16.

FRA:GLE's Cyclically Adjusted PS Ratio is ranked better than
67.89% of 492 companies
in the REITs industry
Industry Median: 4.875 vs FRA:GLE: 3.19

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Gladstone Commercial's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.822. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €4.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gladstone Commercial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gladstone Commercial's Cyclically Adjusted PS 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.

* Premium members only.

Gladstone Commercial Cyclically Adjusted PS Ratio Chart

Gladstone Commercial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.92 4.17 5.76 4.07 2.96

Gladstone Commercial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.77 2.71 2.68 2.96 3.07

Competitive Comparison of Gladstone Commercial's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, Gladstone Commercial's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Gladstone Commercial's Cyclically Adjusted PS Ratio falls into.



Gladstone Commercial Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Gladstone Commercial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.39/4.13
=3.24

* 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.

Gladstone Commercial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Gladstone Commercial's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.822/131.7762*131.7762
=0.822

Current CPI (Mar. 2024) = 131.7762.

Gladstone Commercial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.782 100.560 1.025
201409 0.808 100.428 1.060
201412 0.791 99.070 1.052
201503 0.872 99.621 1.153
201506 0.844 100.684 1.105
201509 0.850 100.392 1.116
201512 0.863 99.792 1.140
201603 0.795 100.470 1.043
201606 0.800 101.688 1.037
201609 0.786 101.861 1.017
201612 0.835 101.863 1.080
201703 0.805 102.862 1.031
201706 0.776 103.349 0.989
201709 0.726 104.136 0.919
201712 0.764 104.011 0.968
201803 0.733 105.290 0.917
201806 0.800 106.317 0.992
201809 0.793 106.507 0.981
201812 0.823 105.998 1.023
201903 0.844 107.251 1.037
201906 0.820 108.070 1.000
201909 0.839 108.329 1.021
201912 0.833 108.420 1.012
202003 0.905 108.902 1.095
202006 0.877 108.767 1.063
202009 0.826 109.815 0.991
202012 0.783 109.897 0.939
202103 0.816 111.754 0.962
202106 0.761 114.631 0.875
202109 0.794 115.734 0.904
202112 0.839 117.630 0.940
202203 0.851 121.301 0.924
202206 0.889 125.017 0.937
202209 1.018 125.227 1.071
202212 0.886 125.222 0.932
202303 0.855 127.348 0.885
202306 0.892 128.729 0.913
202309 0.856 129.860 0.869
202312 0.824 129.419 0.839
202403 0.822 131.776 0.822

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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  (FRA:GLE) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Gladstone Commercial Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Gladstone Commercial's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gladstone Commercial (FRA:GLE) 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.

Gladstone Commercial (FRA:GLE) Headlines

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