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Gladstone Capital (NAS:GLAD) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Gladstone Capital Forward PE Ratio Related Terms
Gladstone Capital Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Gladstone Capital's Forward PE 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.
Gladstone Capital Forward PE Ratio Chart
Gladstone Capital Annual Data
Trend
2017-09
2019-09
2020-09
2021-09
2022-09
2023-09
2024-09
2025-09
Forward PE Ratio
10.88
11.42
9.12
14.56
9.13
7.97
11.49
11.07
Gladstone Capital Quarterly Data
2015-12
2016-03
2016-06
2017-03
2017-06
2017-09
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
8.70
8.69
8.64
11.30
11.70
10.88
10.91
11.42
12.00
9.54
8.87
9.12
11.07
10.06
14.58
14.56
14.49
12.47
11.48
9.13
9.74
9.89
9.07
7.97
9.39
8.45
11.38
11.49
13.67
13.76
13.30
11.07
10.70
8.48
9.62
GLAD vs DFP, EVN, HPI: Forward PE Ratio Comparison
For the Asset Management subindustry, Gladstone Capital's Forward PE Ratio, along with its competitors' market caps and Forward 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 Capital Forward PE Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Gladstone Capital's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Gladstone Capital's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Gladstone Capital (GLAD) has a Forward PE Ratio of 9.96 as of Aug. 19, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Gladstone Capital and its competitors. According to the industry distribution chart, Gladstone Capital ranks #136 out of 328 companies in the Asset Management industry, placing it in the top 41.5%.
Is Gladstone Capital's Forward PE Ratio too high?
Gladstone Capital's current Forward PE Ratio is 9.96. The Asset Management industry median Forward PE Ratio is 11.37. Gladstone Capital's value of 9.96 is 12.4% below this industry median. Based on the distribution chart, Gladstone Capital ranks #136 out of 328 companies in the Asset Management industry, which is above the industry midpoint. Overall, Gladstone Capital has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gladstone Capital's Forward PE Ratio compare to DFP and EVN?
According to the Asset Management industry distribution chart, Gladstone Capital ranks #136 out of 328 companies for Forward PE Ratio. This puts Gladstone Capital in the upper half of its industry. The industry median Forward PE Ratio is 11.37. Gladstone Capital's value of 9.96 is 12.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Asset Management company?
The median Forward PE Ratio among Asset Management companies is 11.37, based on 328 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gladstone Capital's current Forward PE Ratio of 9.96 is 12.4% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Gladstone Capital and its competitors. For the Asset Management industry, the median Forward PE Ratio is 11.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gladstone Capital's current Forward PE Ratio is 9.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gladstone Capital stock overvalued right now?
Based on GuruFocus' analysis, Gladstone Capital (GLAD) is currently considered Fairly Valued. The stock's GF Value™ is $20.16, compared to a current price of $19.58 — trading 2.9% below its estimated fair value. The current Forward PE Ratio is 9.96 and 12.4% below the Asset Management industry median of 11.37. Gladstone Capital's overall GF Score™ is 48/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Gladstone Capital (GLAD), the current Forward PE Ratio is 9.96 as of Aug. 19, 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 Capital (GLAD) Overvalued in 2026?
Based on GuruFocus' analysis, Gladstone Capital stock appears to be undervalued.
The current stock price of $19.58 is trading 2.9% below its estimated GF Value™ of $20.16.
GuruFocus considers Gladstone Capital to be Fairly Valued.
Key valuation signals for GLAD:
Forward PE Ratio: 9.96
GF Value™: $20.16 vs. price of $19.58 (2.9% below fair value)
Industry Position: 12.4% below the Asset Management median (#136 of 328)
No single metric tells the full story. See the GLAD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gladstone Capital Corp is an externally managed, closed-end, non-diversified management investment company. Its investment objectives are to, achieve and grow current income by investing in debt securities of established businesses that would provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness, and make distributions to stockholders that grow over time; and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that can grow over time to permit it to sell its equity investments for capital gains.
48GF Score
Get the complete analysis for GLAD
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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