Gladstone Land (STU:3L4) E10: €-0.19 (As of Mar. 2026)

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STU:3L4 Gladstone Land Corp STU:3L4
67 GF Score
Price €7.04
GF Value €9.74
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Gladstone Land E10?

Gladstone Land STU:3L4 -2.02% 67 E10 is €-0.19 as of Mar. 2026. GuruFocus rates STU:3L4 with a GF Score™ of 67/100 and a GF Value™ of €9.74 (Modestly Undervalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Gladstone Land's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.208. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.19 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -20.00% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Gladstone Land was -20.00% per year. The lowest was -44.20% per year. And the median was -32.10% per year.

As of today (2026-08-01), Gladstone Land's current stock price is €7.04. Gladstone Land's E10 for the quarter that ended in Mar. 2026 was €-0.19. Gladstone Land's Shiller PE Ratio of today is .


Gladstone Land  (STU:3L4) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Gladstone Land E10 Related Terms


Gladstone Land E10 Historical Data

* Premium members only.

The historical data trend for Gladstone Land's E10 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.

Gladstone Land E10 Chart

Gladstone Land Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.10 -0.11 -0.14 -0.16

Gladstone Land Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 -0.12 -0.14 -0.15 -0.16 -0.19

STU:3L4 vs NLCP, FPI, SELF: E10 Comparison

For the REIT - Specialty subindustry, Gladstone Land's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Gladstone Land's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gladstone Land's Shiller PE Ratio falls into.


STU:3L4
67GF Score
Gladstone Land Corp STU:3L4
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gladstone Land E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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, Gladstone Land's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.208/330.2130*330.2130
=-0.208

Current CPI (Mar. 2026) = 330.2130.

Gladstone Land Quarterly Data

per share eps CPI Adj_EPS
201606 0.009 241.018 0.012
201609 0.003 241.428 0.004
201612 0.000 241.432 0.000
201703 0.009 243.801 0.012
201706 0.018 244.955 0.024
201709 -0.017 246.819 -0.023
201712 -0.011 246.524 -0.015
201803 -0.016 249.554 -0.021
201806 -0.094 251.989 -0.123
201809 0.300 252.439 0.392
201812 -0.070 251.233 -0.092
201903 -0.027 254.202 -0.035
201906 -0.035 256.143 -0.045
201909 -0.027 256.759 -0.035
201912 -0.027 256.974 -0.035
202003 0.036 258.115 0.046
202006 -0.089 257.797 -0.114
202009 -0.034 260.280 -0.043
202012 -0.090 260.474 -0.114
202103 -0.067 264.877 -0.084
202106 -0.100 271.696 -0.122
202109 -0.043 274.310 -0.052
202112 -0.035 278.802 -0.041
202203 -0.073 287.504 -0.084
202206 -0.104 296.311 -0.116
202209 -0.101 296.808 -0.112
202212 -0.123 296.797 -0.137
202303 -0.112 301.836 -0.123
202306 0.046 305.109 0.050
202309 -0.075 307.789 -0.080
202312 -0.110 306.746 -0.118
202403 0.193 312.332 0.204
202406 -0.177 314.175 -0.186
202409 -0.144 315.301 -0.151
202412 -0.143 315.605 -0.150
202503 0.231 319.799 0.239
202506 -0.329 322.561 -0.337
202509 -0.094 324.800 -0.096
202512 -0.043 324.054 -0.044
202603 -0.208 330.213 -0.208

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €-0.19 mean?
Gladstone Land (STU:3L4) has a E10 of €-0.19 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gladstone Land and its competitors.
Is Gladstone Land's E10 too high?
Gladstone Land's current E10 is €-0.19. Overall, Gladstone Land has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gladstone Land's E10 compare to NLCP and FPI?
Gladstone Land's E10 of €-0.19 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 E10 for a REITs company?
A good E10 depends on the REITs industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gladstone Land and its competitors. Gladstone Land's current E10 is €-0.19. 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 (STU:3L4) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.74, compared to a current price of €7.04 — trading 27.7% below its estimated fair value. The current E10 is €-0.19. Gladstone Land's overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Gladstone Land (STU:3L4), the current E10 is €-0.19 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 Gladstone Land (STU:3L4) Overvalued in 2026?

Based on GuruFocus' analysis, Gladstone Land stock appears to be undervalued. The current stock price of €7.04 is trading 27.7% below its estimated GF Value™ of €9.74. GuruFocus considers Gladstone Land to be Modestly Undervalued.

Key valuation signals for STU:3L4:

  • E10: €-0.19
  • GF Value™: €9.74 vs. price of €7.04 (27.7% below fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the STU:3L4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gladstone Land Business Description

Industry Real EstateREITs
Other Exchanges LANDO.PFD:USALAND:USA
Address 1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
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).
67GF Score

Get the complete analysis for STU:3L4

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.04
Price
€9.74
GF Value