Gaming and Leisure Properties (FRA:2GL) Cyclically Adjusted Revenue per Share: €5.34 (As of Mar. 2026)


FRA:2GL Gaming and Leisure Properties Inc FRA:2GL
82 GF Score
Price €37.74
GF Value €42.71
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Gaming and Leisure Properties Cyclically Adjusted Revenue per Share?

Gaming and Leisure Properties FRA:2GL -1.67% 82 Cyclically Adjusted Revenue per Share is €5.34 as of Mar. 2026. GuruFocus rates FRA:2GL with a GF Score™ of 82/100 and a GF Value™ of €42.71 (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 Revenue per Share and 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 for the three months ended in Mar. 2026 was €1.282. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €5.34 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Gaming and Leisure Properties's average Cyclically Adjusted Revenue Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.00% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Gaming and Leisure Properties was 3.00% per year. The lowest was 3.00% per year. And the median was 3.00% per year.

As of today (2026-07-08), Gaming and Leisure Properties's current stock price is €37.74. Gaming and Leisure Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €5.34. Gaming and Leisure Properties's Cyclically Adjusted PS Ratio of today is 7.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gaming and Leisure Properties was 9.84. The lowest was 6.84. And the median was 7.93.


Gaming and Leisure Properties  (FRA:2GL) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=37.74/5.34
=7.07

* 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 PS Ratio of Gaming and Leisure Properties was 9.84. The lowest was 6.84. And the median was 7.93.


Be Aware

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


Gaming and Leisure Properties Cyclically Adjusted Revenue per Share Related Terms


Gaming and Leisure Properties Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

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

Gaming and Leisure Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 5.21 5.41 5.74 5.21

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
Cyclically Adjusted Revenue 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 5.52 5.15 5.21 5.21 5.34

FRA:2GL vs LAMR, WY, RYN: Cyclically Adjusted Revenue per Share 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.


FRA:2GL
82GF Score
Gaming and Leisure Properties Inc FRA:2GL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gaming and Leisure Properties Cyclically Adjusted Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

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

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.282/330.2130*330.2130
=1.282

Current CPI (Mar. 2026) = 330.2130.

Gaming and Leisure Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.987 241.018 1.352
201609 1.000 241.428 1.368
201612 1.089 241.432 1.489
201703 1.083 243.801 1.467
201706 1.023 244.955 1.379
201709 0.956 246.819 1.279
201712 0.947 246.524 1.268
201803 0.922 249.554 1.220
201806 1.014 251.989 1.329
201809 1.014 252.439 1.326
201812 1.240 251.233 1.630
201903 1.183 254.202 1.537
201906 1.186 256.143 1.529
201909 1.213 256.759 1.560
201912 1.196 256.974 1.537
202003 1.191 258.115 1.524
202006 1.077 257.797 1.380
202009 1.193 260.280 1.514
202012 1.080 260.474 1.369
202103 1.085 264.877 1.353
202106 1.127 271.696 1.370
202109 1.075 274.310 1.294
202112 1.095 278.802 1.297
202203 1.153 287.504 1.324
202206 1.244 296.311 1.386
202209 1.309 296.808 1.456
202212 1.217 296.797 1.354
202303 1.263 301.836 1.382
202306 1.250 305.109 1.353
202309 1.275 307.789 1.368
202312 1.255 306.746 1.351
202403 1.272 312.332 1.345
202406 1.300 314.175 1.366
202409 1.263 315.301 1.323
202412 1.350 315.605 1.412
202503 1.327 319.799 1.370
202506 1.233 322.561 1.262
202509 1.196 324.800 1.216
202512 1.226 324.054 1.249
202603 1.282 330.213 1.282

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

What does a Cyclically Adjusted Revenue per Share of €5.34 mean?
Gaming and Leisure Properties (FRA:2GL) has a Cyclically Adjusted Revenue per Share of €5.34 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue 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 Revenue per Share too high?
Gaming and Leisure Properties' current Cyclically Adjusted Revenue per Share is €5.34. Overall, Gaming and Leisure Properties has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gaming and Leisure Properties' Cyclically Adjusted Revenue per Share compare to LAMR and WY?
Gaming and Leisure Properties' Cyclically Adjusted Revenue per Share of €5.34 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 Revenue per Share for a REITs company?
A good Cyclically Adjusted Revenue per Share depends on the REITs industry context. However, Cyclically Adjusted Revenue 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 Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue 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 Revenue per Share is €5.34. 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 (FRA:2GL) is currently considered Modestly Undervalued. The stock's GF Value™ is €42.71, compared to a current price of €37.74 — trading 11.6% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €5.34. Gaming and Leisure Properties' overall GF Score™ is 82/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Gaming and Leisure Properties (FRA:2GL), the current Cyclically Adjusted Revenue per Share is €5.34 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 (FRA:2GL) Overvalued in 2026?

Based on GuruFocus' analysis, Gaming and Leisure Properties stock appears to be undervalued. The current stock price of €37.74 is trading 11.6% below its estimated GF Value™ of €42.71. GuruFocus considers Gaming and Leisure Properties to be Modestly Undervalued.

Key valuation signals for FRA:2GL:

  • Cyclically Adjusted Revenue per Share: €5.34
  • GF Value™: €42.71 vs. price of €37.74 (11.6% below fair value)
  • GF Score™: 82/100 with 5 warning signs

No single metric tells the full story. See the FRA: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
Other Exchanges GLPI:USAG1AM34: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.
82GF Score

Get the complete analysis for FRA:2GL

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

€37.74
Price
€42.71
GF Value