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Gladstone Commercial (FRA:GLE) Shiller PE Ratio : (As of Jun. 10, 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
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Gladstone Commercial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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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 Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.009/131.7762*131.7762
=0.009

Current CPI (Mar. 2024) = 131.7762.

Gladstone Commercial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.007 100.560 0.009
201409 -0.039 100.428 -0.051
201412 0.260 99.070 0.346
201503 -0.028 99.621 -0.037
201506 -0.036 100.684 -0.047
201509 -0.053 100.392 -0.070
201512 0.055 99.792 0.073
201603 -0.018 100.470 -0.024
201606 -0.027 101.688 -0.035
201609 -0.089 101.861 -0.115
201612 -0.009 101.863 -0.012
201703 0.065 102.862 0.083
201706 -0.071 103.349 -0.091
201709 -0.008 104.136 -0.010
201712 -0.135 104.011 -0.171
201803 0.049 105.290 0.061
201806 -0.009 106.317 -0.011
201809 -0.009 106.507 -0.011
201812 -0.018 105.998 -0.022
201903 0.053 107.251 0.065
201906 -0.018 108.070 -0.022
201909 -0.018 108.329 -0.022
201912 -0.162 108.420 -0.197
202003 -0.018 108.902 -0.022
202006 -0.053 108.767 -0.064
202009 -0.003 109.815 -0.004
202012 0.140 109.897 0.168
202103 -0.067 111.754 -0.079
202106 -0.066 114.631 -0.076
202109 0.034 115.734 0.039
202112 0.035 117.630 0.039
202203 0.009 121.301 0.010
202206 -0.038 125.017 -0.040
202209 -0.010 125.227 -0.011
202212 0.000 125.222 0.000
202303 0.001 127.348 0.001
202306 -0.175 128.729 -0.179
202309 -0.037 129.860 -0.038
202312 0.037 129.419 0.038
202403 0.009 131.776 0.009

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  (FRA:GLE) 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 (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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