GOOD Gladstone Commercial PE ratio, current and historical analysis
As of Nov 21, 2024, the Gladstone Commercial stock's PE ratio is 81.1. This takes into account the latest EPS of $0.21 and stock price of $17.03.
GOOD PE ratio history
The PE ratio of Gladstone Commercial has averaged 782.62 over the last ten years. The current P/E ratio of 81.1 is 90% lower than the historical average. Looking back at the last ten years, GOOD's PE ratio peaked in the Jun 2021 quarter at 2,256, when the price was $22.56 and the EPS was $0.01. The lowest point was in the Sep 2015 quarter, when it reached 74.26 with a price of $14.11 and an EPS of $0.19.
Gladstone Commercial PE ratio by year
| Year | PE ratio | Change |
|---|---|---|
| 2023 | N/A | N/A |
| 2022 | N/A | N/A |
| 2021 | N/A | N/A |
| 2020 | 200 | N/A |
| 2019 | N/A | N/A |
| 2018 | 597.33 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
GOOD average PE ratio chart
GOOD's current PE ratio is lower than its 5 and 10-year averages.
GOOD PE vs peers
In comparison to its peer GLW, GOOD's PE ratio is lower, but it is higher than VZ's and PTC's. Gladstone Commercial's current PE ratio of 81.1 is similar to the average of its peers, which is 25.96.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CVGI Commercial Vehicle Group Inc | 2.34 | $83.14M |
| VZ Verizon Communications Inc | 18.32 | $178.91B |
| DGX Quest Diagnostics Inc | 21.79 | $18.29B |
| PTC Ptc Inc | 61.39 | $23.15B |
| GOOD Gladstone Commercial Corp | 81.1 | $747.95M |
| GLW Corning Inc | 251.79 | $40.96B |
| OI O-I Glass Inc | N/A | $1.99B |
Frequently asked questions
What is Gladstone Commercial's PE ratio?
GOOD's price to earnings ratio is 81.1 as of Nov 21, 2024.
What is the 5-year average PE ratio for Gladstone Commercial (GOOD)?
The 5-year average price to earnings ratio for GOOD stock is 883.53.
What is the highest PE ratio for GOOD?
Over the last ten years, the Jun 2021 quarter recorded the highest quarterly PE ratio at 2,256.
How does the current PE ratio for GOOD compare to its historical average?
GOOD's price to earnings ratio is currently 90% below its 10-year historical average.
Why is Gladstone Commercial's PE ratio so high?
GOOD's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
How is GOOD's PE ratio calculated (Gladstone Commercial PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), Gladstone Commercial's share price is $17.03. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.21. Therefore, Gladstone Commercial's PE ratio for today is 81.1. PE RATIO(81.1) = STOCK PRICE($17.03) / TTM EPS($0.21)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.