GLPI (Gaming and Leisure Properties) Book Value per Share: $16.37 (As of Mar. 2026)


GLPI Gaming and Leisure Properties Inc GLPI
84 GF Score
Price $45.81
GF Value $49.75
Valuation Fairly Valued
! 7 Warning Signs
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What is Gaming and Leisure Properties Book Value per Share?

Gaming and Leisure Properties GLPI -0.13% 84 Book Value per Share is $16.37 as of Mar. 2026. GuruFocus rates GLPI with a GF Score™ of 84/100 and a GF Value™ of $49.75 (Fairly Valued). The stock has 7 warning signs investors should review.

Gaming and Leisure Properties's book value per share for the quarter that ended in Mar. 2026 was $16.37.

During the past 12 months, Gaming and Leisure Properties's average Book Value Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gaming and Leisure Properties was 96.30% per year. The lowest was -6.20% per year. And the median was 6.65% per year.

Gaming and Leisure Properties's current price is $45.81. Its book value per share for the quarter that ended in Mar. 2026 was $16.37. Hence, today's PB Ratio of Gaming and Leisure Properties is 2.80.

During the past 13 years, the highest P/B Ratio of Gaming and Leisure Properties was 5.21. The lowest was 1.98. And the median was 3.24.

Good Sign:

Gaming and Leisure Properties Inc stock PB Ratio (=2.8) is close to 5-year low of 2.59.


Gaming and Leisure Properties  (NAS:GLPI) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Gaming and Leisure Properties Book Value per Share Related Terms


Gaming and Leisure Properties Book Value per Share Historical Data

* Premium members only.

The historical data trend for Gaming and Leisure Properties's Book Value per Share 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.

Gaming and Leisure Properties Book Value per Share Chart

Gaming and Leisure Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.88 14.49 15.34 15.56 16.35

Gaming and Leisure Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share 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 15.34 16.10 16.17 16.35 16.37

GLPI vs LAMR, WY, RYN: Book Value per Share Comparison

For the REIT - Specialty subindustry, Gaming and Leisure Properties's PB Ratio, along with its competitors' market caps and PB 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.


Gaming and Leisure Properties PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Gaming and Leisure Properties's PB Ratio distribution charts can be found below:

* The bar in red indicates where Gaming and Leisure Properties's PB Ratio falls into.


GLPI
84GF Score
Gaming and Leisure Properties Inc GLPI
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Gaming and Leisure Properties Book Value per Share Calculation

Gaming and Leisure Properties's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4,626-0)/283
=16.35

Gaming and Leisure Properties's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4,635-0)/283
=16.36

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $16.37 mean?
Gaming and Leisure Properties (GLPI) has a Book Value per Share of $16.37 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Gaming and Leisure Properties and its competitors.
Is Gaming and Leisure Properties' Book Value per Share too high?
Gaming and Leisure Properties' current Book Value per Share is $16.37. Overall, Gaming and Leisure Properties has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gaming and Leisure Properties' Book Value per Share compare to LAMR and WY?
Gaming and Leisure Properties' Book Value per Share of $16.37 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a REITs company?
A good Book Value per Share depends on the REITs industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Gaming and Leisure Properties and its competitors. Gaming and Leisure Properties's current Book Value per Share is $16.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gaming and Leisure Properties stock overvalued right now?
Based on GuruFocus' analysis, Gaming and Leisure Properties (GLPI) is currently considered Fairly Valued. The stock's GF Value™ is $49.75, compared to a current price of $45.81 — trading 7.9% below its estimated fair value. The current Book Value per Share is $16.37. Gaming and Leisure Properties' overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Gaming and Leisure Properties (GLPI), the current Book Value per Share is $16.37 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gaming and Leisure Properties (GLPI) Overvalued in 2026?

Based on GuruFocus' analysis, Gaming and Leisure Properties stock appears to be undervalued. The current stock price of $45.81 is trading 7.9% below its estimated GF Value™ of $49.75. GuruFocus considers Gaming and Leisure Properties to be Fairly Valued.

Key valuation signals for GLPI:

  • Book Value per Share: $16.37
  • GF Value™: $49.75 vs. price of $45.81 (7.9% below fair value)
  • GF Score™: 84/100 with 7 warning signs

No single metric tells the full story. See the GLPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gaming and Leisure Properties Business Description

Industry Real EstateREITs
Other Exchanges 2GL:GermanyG1AM34:Brazil
Address 845 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610
Gaming and Leisure Properties Inc, or GLP, is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). It is engaged in acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company also extends loans that produce fixed or variable returns, which may convert into leased rent upon project completion or stabilization. Its portfolio consists of gaming and related facilities and amenities such as Ameristar Black Hawk, Bally's Casino, Argosy Casino Alton, Bally's Chicago, Hollywood Casino Aurora, and others located across different states in the United States.
84GF Score

Get the complete analysis for GLPI

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$45.81
Price
$49.75
GF Value