Gaming and Leisure Properties (BSP:G1AM34) Cyclically Adjusted Book per Share: R$15.85 (As of Jun. 2026)

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BSP:G1AM34 Gaming and Leisure Properties Inc BSP:G1AM34
17 GF Score
Price R$44.80
GF Value R$51.28
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Gaming and Leisure Properties Cyclically Adjusted Book per Share?

Gaming and Leisure Properties BSP:G1AM34 -3.53% 17 Cyclically Adjusted Book per Share is R$15.85 as of Jun. 2026. GuruFocus rates BSP:G1AM34 with a GF Score™ of 17/100 and a GF Value™ of R$51.28 (Modestly Undervalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Gaming and Leisure Properties's adjusted book value per share for the three months ended in Jun. 2026 was R$87.774. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$15.85 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Gaming and Leisure Properties's average Cyclically Adjusted Book Growth Rate was 14.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.70% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Gaming and Leisure Properties was 16.70% per year. The lowest was 16.70% per year. And the median was 16.70% per year.

As of today (2026-08-09), Gaming and Leisure Properties's current stock price is R$44.80. Gaming and Leisure Properties's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$15.85. Gaming and Leisure Properties's Cyclically Adjusted PB Ratio of today is 2.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gaming and Leisure Properties was 6.13. The lowest was 2.84. And the median was 4.33.


Gaming and Leisure Properties  (BSP:G1AM34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Gaming and Leisure Properties's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=44.80/15.85
=2.83

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gaming and Leisure Properties was 6.13. The lowest was 2.84. And the median was 4.33.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Gaming and Leisure Properties Cyclically Adjusted Book per Share Related Terms


Gaming and Leisure Properties Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Gaming and Leisure Properties's Cyclically Adjusted Book 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 Cyclically Adjusted Book per Share Chart

Gaming and Leisure Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Gaming and Leisure Properties Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book 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 0.00 0.00 0.00 0.00 15.85

BSP:G1AM34 vs LAMR, WY, SBAC: Cyclically Adjusted Book per Share Comparison

For the REIT - Specialty subindustry, Gaming and Leisure Properties's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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 Cyclically Adjusted PB Ratio vs REITs Industry

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

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


BSP:G1AM34
17GF Score
Gaming and Leisure Properties Inc BSP:G1AM34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gaming and Leisure Properties Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, Gaming and Leisure Properties's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=87.774/333.9520*333.9520
=87.774

Current CPI (Jun. 2026) = 333.9520.

Gaming and Leisure Properties Quarterly Data

Book Value per Share CPI Adj_Book
201609 38.477 241.428 53.223
201612 39.307 241.432 54.370
201703 36.173 243.801 49.549
201706 39.112 244.955 53.322
201709 36.733 246.819 49.701
201712 38.078 246.524 51.582
201803 37.119 249.554 49.672
201806 41.969 251.989 55.620
201809 45.272 252.439 59.890
201812 41.073 251.233 54.596
201903 39.502 254.202 51.895
201906 38.772 256.143 50.550
201909 40.424 256.759 52.577
201912 39.655 256.974 51.534
202003 45.710 258.115 59.140
202006 50.087 257.797 64.883
202009 54.056 260.280 69.356
202012 59.204 260.474 75.905
202103 64.069 264.877 80.777
202106 57.987 271.696 71.274
202109 63.837 274.310 77.717
202112 72.858 278.802 87.270
202203 62.902 287.504 73.064
202206 63.414 296.311 71.470
202209 73.456 296.808 82.649
202212 76.006 296.797 85.521
202303 74.752 301.836 82.706
202306 69.318 305.109 75.871
202309 73.217 307.789 79.441
202312 75.180 306.746 81.848
202403 75.700 312.332 80.940
202406 82.017 314.175 87.180
202409 85.872 315.301 90.952
202412 94.899 315.605 100.416
202503 88.314 319.799 92.222
202506 89.257 322.561 92.409
202509 86.721 324.800 89.165
202512 89.178 324.054 91.902
202603 85.581 330.213 86.550
202606 87.774 333.952 87.774

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of R$15.85 mean?
Gaming and Leisure Properties (BSP:G1AM34) has a Cyclically Adjusted Book per Share of R$15.85 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Gaming and Leisure Properties and its competitors.
Is Gaming and Leisure Properties' Cyclically Adjusted Book per Share too high?
Gaming and Leisure Properties' current Cyclically Adjusted Book per Share is R$15.85. Overall, Gaming and Leisure Properties has a GF Score™ of 17/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gaming and Leisure Properties' Cyclically Adjusted Book per Share compare to LAMR and WY?
Gaming and Leisure Properties' Cyclically Adjusted Book per Share of R$15.85 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 Cyclically Adjusted Book per Share for a REITs company?
A good Cyclically Adjusted Book per Share depends on the REITs industry context. However, Cyclically Adjusted Book 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Gaming and Leisure Properties and its competitors. Gaming and Leisure Properties's current Cyclically Adjusted Book per Share is R$15.85. 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 (BSP:G1AM34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$51.28, compared to a current price of R$44.80 — trading 12.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is R$15.85. Gaming and Leisure Properties' overall GF Score™ is 17/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Gaming and Leisure Properties (BSP:G1AM34), the current Cyclically Adjusted Book per Share is R$15.85 as of Jun. 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 (BSP:G1AM34) Overvalued in 2026?

Based on GuruFocus' analysis, Gaming and Leisure Properties stock appears to be undervalued. The current stock price of R$44.80 is trading 12.6% below its estimated GF Value™ of R$51.28. GuruFocus considers Gaming and Leisure Properties to be Modestly Undervalued.

Key valuation signals for BSP:G1AM34:

  • Cyclically Adjusted Book per Share: R$15.85
  • GF Value™: R$51.28 vs. price of R$44.80 (12.6% below fair value)
  • GF Score™: 17/100 with 5 warning signs

No single metric tells the full story. See the BSP:G1AM34 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 GLPI:USA2GL:Germany
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.
17GF Score

Get the complete analysis for BSP:G1AM34

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

R$44.80
Price
R$51.28
GF Value