Gaming and Leisure Properties (STU:2GL) Cyclically Adjusted PS Ratio: 6.30 (As of Sep. 16, 2026) — 20% Below Median

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STU:2GL Gaming and Leisure Properties Inc STU:2GL
79 GF Score
Price €35.21
GF Value €43.52
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Gaming and Leisure Properties Cyclically Adjusted PS Ratio?

Gaming and Leisure Properties STU:2GL -1.10% 79 Cyclically Adjusted PS Ratio is 6.30 as of Sep. 16, 2026, which is 20% below its 10-year median of 7.88. GuruFocus rates STU:2GL with a GF Score™ of 79/100 and a GF Value™ of €43.52 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 544 REITs companies, Gaming and Leisure Properties ranks worse than 59.01% on this metric.

As of today (2026-09-16), Gaming and Leisure Properties's current share price is €35.21. Gaming and Leisure Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €5.59. Gaming and Leisure Properties's Cyclically Adjusted PS Ratio for today is 6.30.

The historical rank and industry rank for Gaming and Leisure Properties's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:2GL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.43   Med: 7.88   Max: 9.84
Current: 6.43

During the past years, Gaming and Leisure Properties's highest Cyclically Adjusted PS Ratio was 9.84. The lowest was 6.43. And the median was 7.88.

STU:2GL's Cyclically Adjusted PS Ratio is ranked worse than
59.01% of 544 companies
in the REITs industry
Industry Median: 5.635 vs STU:2GL: 6.43

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.

Gaming and Leisure Properties's adjusted revenue per share data for the three months ended in Jun. 2026 was €1.296. 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 €5.59 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gaming and Leisure Properties  (STU:2GL) 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.


Gaming and Leisure Properties Cyclically Adjusted PS Ratio Related Terms


Gaming and Leisure Properties Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Gaming and Leisure Properties'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.

Gaming and Leisure Properties Cyclically Adjusted PS Ratio Chart

Gaming and Leisure Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 10.25 8.58 8.56 6.96

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 PS Ratio 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 7.14 7.24 6.89 6.91 6.95

STU:2GL vs LAMR, WY, RYN: Cyclically Adjusted PS Ratio Comparison

For the REIT - Specialty subindustry, Gaming and Leisure Properties'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.


Gaming and Leisure Properties Cyclically Adjusted PS Ratio vs REITs Industry

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

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


STU:2GL
79GF Score
Gaming and Leisure Properties Inc STU:2GL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gaming and Leisure Properties 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.

Gaming and Leisure Properties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.21/5.589
=6.30

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.296/333.9520*333.9520
=1.296

Current CPI (Jun. 2026) = 333.9520.

Gaming and Leisure Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.006 241.428 1.392
201612 1.066 241.432 1.475
201703 1.087 243.801 1.489
201706 1.044 244.955 1.423
201709 0.971 246.819 1.314
201712 0.943 246.524 1.277
201803 0.925 249.554 1.238
201806 0.994 251.989 1.317
201809 1.017 252.439 1.345
201812 1.237 251.233 1.644
201903 1.178 254.202 1.548
201906 1.193 256.143 1.555
201909 1.201 256.759 1.562
201912 1.202 256.974 1.562
202003 1.194 258.115 1.545
202006 1.102 257.797 1.428
202009 1.203 260.280 1.544
202012 1.105 260.474 1.417
202103 1.072 264.877 1.352
202106 1.127 271.696 1.385
202109 1.073 274.310 1.306
202112 1.081 278.802 1.295
202203 1.216 287.504 1.412
202206 1.234 296.311 1.391
202209 1.287 296.808 1.448
202212 1.267 296.797 1.426
202303 1.260 301.836 1.394
202306 1.244 305.109 1.362
202309 1.251 307.789 1.357
202312 1.273 306.746 1.386
202403 1.273 312.332 1.361
202406 1.299 314.175 1.381
202409 1.276 315.301 1.351
202412 1.325 315.605 1.402
202503 1.364 319.799 1.424
202506 1.254 322.561 1.298
202509 1.201 324.800 1.235
202512 1.234 324.054 1.272
202603 1.266 330.213 1.280
202606 1.296 333.952 1.296

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 6.30 mean?
Gaming and Leisure Properties (STU:2GL) has a Cyclically Adjusted PS Ratio of 6.30 as of Sep. 16, 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 Gaming and Leisure Properties and its competitors. This is 20% below median its historical median of 7.88. Over the past decade, Gaming and Leisure Properties' Cyclically Adjusted PS Ratio has ranged from 6.43 to 9.84. According to the industry distribution chart, Gaming and Leisure Properties ranks #321 out of 544 companies in the REITs industry, placing it in the top 59%.
Is Gaming and Leisure Properties' Cyclically Adjusted PS Ratio too high?
Gaming and Leisure Properties' current Cyclically Adjusted PS Ratio of 6.30 is 20% below median its 10-year median of 7.88. Over the past 10 years, this metric has ranged from a low of 6.43 to a high of 9.84. The REITs industry median Cyclically Adjusted PS Ratio is 5.64. Gaming and Leisure Properties' value of 6.30 is 11.8% above this industry median. Based on the distribution chart, Gaming and Leisure Properties ranks #321 out of 544 companies in the REITs industry, which is below the industry midpoint. Overall, Gaming and Leisure Properties has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gaming and Leisure Properties' Cyclically Adjusted PS Ratio compare to LAMR and WY?
According to the REITs industry distribution chart, Gaming and Leisure Properties ranks #321 out of 544 companies for Cyclically Adjusted PS Ratio. This places Gaming and Leisure Properties in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.64. Gaming and Leisure Properties' value of 6.30 is 11.8% above this benchmark. Historically, Gaming and Leisure Properties' own Cyclically Adjusted PS Ratio has ranged from 6.43 to 9.84 over the past decade. While the company's 10-year median is 7.88 vs. the industry median of 5.64, Gaming and Leisure Properties has consistently been above 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 5.64, 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. Gaming and Leisure Properties's current Cyclically Adjusted PS Ratio of 6.30 is 11.8% above 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 Gaming and Leisure Properties and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gaming and Leisure Properties's current Cyclically Adjusted PS Ratio is 6.30, which is 20% below median its own 10-year median of 7.88. 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 (STU:2GL) is currently considered Modestly Undervalued. The stock's GF Value™ is €43.52, compared to a current price of €35.21 — trading 19.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.30, which is 20% below median its 10-year median of 7.88 and 11.8% above the REITs industry median of 5.64. Gaming and Leisure Properties' overall GF Score™ is 79/100 with 6 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 Gaming and Leisure Properties (STU:2GL), the current Cyclically Adjusted PS Ratio is 6.30 as of Sep. 16, 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 (STU:2GL) Overvalued in 2026?

Based on GuruFocus' analysis, Gaming and Leisure Properties stock appears to be undervalued. The current stock price of €35.21 is trading 19.1% below its estimated GF Value™ of €43.52. GuruFocus considers Gaming and Leisure Properties to be Modestly Undervalued.

Key valuation signals for STU:2GL:

  • Cyclically Adjusted PS Ratio: 6.30 (20% below median its 10-year median of 7.88)
  • GF Value™: €43.52 vs. price of €35.21 (19.1% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 11.8% above the REITs median (#321 of 544)

No single metric tells the full story. See the STU:2GL 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
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.
79GF Score

Get the complete analysis for STU:2GL

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

€35.21
Price
€43.52
GF Value