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Gladstone LandLAND +0.72%62 Cyclically Adjusted PS Ratio is 3.55 as of Sep. 07, 2026, which is 39% below its 10-year median of 5.84. GuruFocus rates LAND with a GF Score™ of 62/100 and a GF Value™ of $10.43 (Fairly Valued). The stock has 5 warning signs investors should review. Among 544 REITs companies, Gladstone Land ranks better than 68.57% on this metric.
The historical rank and industry rank for Gladstone Land's Cyclically Adjusted PS Ratio or its related term are showing as below:
LAND'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.93 Med: 5.84 Max: 19.88
Current: 3.55
During the past years, Gladstone Land's highest Cyclically Adjusted PS Ratio was 19.88. The lowest was 2.93. And the median was 5.84.
LAND's Cyclically Adjusted PS Ratio is ranked better than 68.57% of 544
companies
in the REITs industry
Industry Median: 5.71
vs LAND: 3.55
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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
Gladstone Land's adjusted revenue per share data for the three months ended in Jun. 2026 was $0.296. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $2.77 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Gladstone Land (NAS:LAND) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.
Gladstone Land Cyclically Adjusted PS Ratio Related Terms
Gladstone Land Cyclically Adjusted PS Ratio Historical Data
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The historical data trend for Gladstone Land's Cyclically Adjusted 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.
LAND vs FPI, NLCP, SELF: Cyclically Adjusted PS Ratio Comparison
For the REIT - Specialty subindustry, Gladstone Land's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted 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 Cyclically Adjusted PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Gladstone Land's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Gladstone Land's Cyclically Adjusted PS Ratio falls into.
Gladstone Land Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.
Gladstone Land's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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.
What does a Cyclically Adjusted PS Ratio of 3.55 mean?
Gladstone Land (LAND) has a Cyclically Adjusted PS Ratio of 3.55 as of Sep. 07, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Gladstone Land and its competitors. This is 39% below median its historical median of 5.84. Over the past decade, Gladstone Land's Cyclically Adjusted PS Ratio has ranged from 2.93 to 19.88. According to the industry distribution chart, Gladstone Land ranks #171 out of 544 companies in the REITs industry, placing it in the top 31.4%.
Is Gladstone Land's Cyclically Adjusted PS Ratio too high?
Gladstone Land's current Cyclically Adjusted PS Ratio of 3.55 is 39% below median its 10-year median of 5.84. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 19.88. The REITs industry median Cyclically Adjusted PS Ratio is 5.71. Gladstone Land's value of 3.55 is 37.8% below this industry median. Based on the distribution chart, Gladstone Land ranks #171 out of 544 companies in the REITs industry, which is above the industry midpoint. Overall, Gladstone Land has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gladstone Land's Cyclically Adjusted PS Ratio compare to FPI and NLCP?
According to the REITs industry distribution chart, Gladstone Land ranks #171 out of 544 companies for Cyclically Adjusted PS Ratio. This puts Gladstone Land in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.71. Gladstone Land's value of 3.55 is 37.8% below this benchmark. Historically, Gladstone Land's own Cyclically Adjusted PS Ratio has ranged from 2.93 to 19.88 over the past decade. While the company's 10-year median is 5.84 vs. the industry median of 5.71, Gladstone Land has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.71, based on 544 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gladstone Land's current Cyclically Adjusted PS Ratio of 3.55 is 37.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Gladstone Land and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gladstone Land's current Cyclically Adjusted PS Ratio is 3.55, which is 39% below median its own 10-year median of 5.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gladstone Land stock overvalued right now?
Based on GuruFocus' analysis, Gladstone Land (LAND) is currently considered Fairly Valued. The stock's GF Value™ is $10.43, compared to a current price of $9.83 — trading 5.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.55, which is 39% below median its 10-year median of 5.84 and 37.8% below the REITs industry median of 5.71. Gladstone Land's overall GF Score™ is 62/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Gladstone Land (LAND), the current Cyclically Adjusted PS Ratio is 3.55 as of Sep. 07, 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 Gladstone Land (LAND) Overvalued in 2026?
Based on GuruFocus' analysis, Gladstone Land stock appears to be undervalued.
The current stock price of $9.83 is trading 5.8% below its estimated GF Value™ of $10.43.
GuruFocus considers Gladstone Land to be Fairly Valued.
Key valuation signals for LAND:
Cyclically Adjusted PS Ratio: 3.55 (39% below median its 10-year median of 5.84)
GF Value™: $10.43 vs. price of $9.83 (5.8% below fair value)
Industry Position: 37.8% below the REITs median (#171 of 544)
No single metric tells the full story. See the LAND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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: Real Estate Rental Operations. It is focused on the ownership of farms and farm-related properties that are leased on a triple-net basis to tenants with a good operating history and deep farming resources. The farmland is predominantly concentrated in locations where farmers are able to grow either fresh produce or 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 owns farms that grow certain commodity crops (e.g., corn and beans).
62GF Score
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