The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Gladstone Land's share price is $12.68.
Gladstone Land's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.53. Hence, Gladstone Land's PS Ratio for today is 5.01.
Good Sign:
Gladstone Land Corp stock PS Ratio (=5) is close to 10-year low of 4.72
The historical rank and industry rank for Gladstone Land's PS Ratio or its related term are showing as below:
LAND'
s PS Ratio Range Over the Past 10 Years
Min: 4.72 Med: 6.81 Max: 27.29
Current: 4.98
During the past 13 years, Gladstone Land's highest PS Ratio was 27.29. The lowest was 4.72. And the median was 6.81.
LAND's PS Ratio is ranked better than 64.1% of 830
companies
in the REITs industry
Industry Median: 6.48
vs LAND: 4.98
Gladstone Land Corp revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Gladstone Land was -2.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -0.40% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 2.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 12.50% per year.
During the past 13 years, Gladstone Land's highest 3-Year average Revenue per Share Growth Rate was 38.60% per year. The lowest was -9.60% per year. And the median was 7.10% per year.
Back to Basics: PS Ratio
Gladstone Land PS Ratio Historical Data
The historical data trend for Gladstone Land's 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.
Competitive Comparison of Gladstone Land's PS Ratio
For the REIT - Specialty subindustry, Gladstone Land's PS Ratio, along with its competitors' market caps and 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 Land's PS Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Gladstone Land's PS Ratio distribution charts can be found below:
* The bar in red indicates where Gladstone Land's PS Ratio falls into.
Gladstone Land PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Gladstone Land's Share Price of today is $12.68. Gladstone Land's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.53.
* 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.
It can also be calculated from the numbers for the whole company:
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Gladstone Land PS Ratio Related Terms
Thank you for viewing the detailed overview of Gladstone Land's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Gladstone Land (Gladstone Land) Business Description
Gladstone Land Corp is an externally-managed, agricultural REIT. It is mainly in the business of owning and leasing farmland. It manages operations in one reporting segment. It is focused on the ownership of high-quality farms and farm-related properties that are leased on a triple-net basis to tenants with a strong operating history and deep farming resources. The farmland is predominantly concentrated in locations where farmers are able to grow either fresh produce annual row crops (e.g., certain berries and vegetables), which are typically planted and harvested annually, or certain permanent crops (e.g., almonds, blueberries, pistachios, and wine grapes). To a much lesser extent, it also own farms that grow certain commodity crops (e.g., corn and beans).
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