Gaming and Leisure Properties (NAS:GLPI) 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 .
Gaming and Leisure Properties Forward PE Ratio Related Terms
Gaming and Leisure Properties Forward PE Ratio Historical Data
* 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 Forward PE Ratio Chart
Gaming and Leisure Properties Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
20.00
16.47
19.46
10.78
20.49
15.36
16.42
17.09
15.34
15.83
13.66
Gaming and Leisure Properties Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
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
Forward PE Ratio
20.00
22.37
23.20
17.42
16.47
19.08
21.05
19.84
19.46
16.39
17.73
13.64
10.78
12.36
19.19
18.59
20.49
9.53
16.78
11.14
15.36
15.29
16.69
13.23
16.42
14.60
15.75
14.35
17.09
16.31
15.41
14.06
15.34
14.06
13.62
14.27
15.83
16.81
16.15
15.83
13.66
13.41
GLPI vs LAMR, WY, RYN: Forward PE Ratio Comparison
For the REIT - Specialty subindustry, Gaming and Leisure Properties'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.
Gaming and Leisure Properties Forward PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Gaming and Leisure Properties's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Gaming and Leisure Properties's Forward PE Ratio falls into.
Gaming and Leisure Properties Forward PE Ratio Calculation
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.
Gaming and Leisure Properties (GLPI) has a Forward PE Ratio of 14.17 as of Jun. 29, 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 Gaming and Leisure Properties and its competitors. According to the industry distribution chart, Gaming and Leisure Properties ranks #191 out of 463 companies in the REITs industry, placing it in the top 41.3%.
Is Gaming and Leisure Properties' Forward PE Ratio too high?
Gaming and Leisure Properties' current Forward PE Ratio is 14.17. The REITs industry median Forward PE Ratio is 16.41. Gaming and Leisure Properties' value of 14.17 is 13.7% below this industry median. Based on the distribution chart, Gaming and Leisure Properties ranks #191 out of 463 companies in the REITs industry, which is above the industry midpoint. Overall, Gaming and Leisure Properties has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gaming and Leisure Properties' Forward PE Ratio compare to LAMR and WY?
According to the REITs industry distribution chart, Gaming and Leisure Properties ranks #191 out of 463 companies for Forward PE Ratio. This puts Gaming and Leisure Properties in the upper half of its industry. The industry median Forward PE Ratio is 16.41. Gaming and Leisure Properties' value of 14.17 is 13.7% 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 a REITs company?
The median Forward PE Ratio among REITs companies is 16.41, based on 463 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. Gaming and Leisure Properties's current Forward PE Ratio of 14.17 is 13.7% 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 Gaming and Leisure Properties and its competitors. For the REITs industry, the median Forward PE Ratio is 16.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gaming and Leisure Properties's current Forward PE Ratio is 14.17. 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 (GLPI) is currently considered Fairly Valued. The stock's GF Value™ is $49.75, compared to a current price of $45.91 — trading 7.7% below its estimated fair value. The current Forward PE Ratio is 14.17 and 13.7% below the REITs industry median of 16.41. Gaming and Leisure Properties' overall GF Score™ is 84/100 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 Gaming and Leisure Properties (GLPI), the current Forward PE Ratio is 14.17 as of Jun. 29, 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 (GLPI) Overvalued in 2026?
Based on GuruFocus' analysis, Gaming and Leisure Properties stock appears to be undervalued.
The current stock price of $45.91 is trading 7.7% below its estimated GF Value™ of $49.75.
GuruFocus considers Gaming and Leisure Properties to be Fairly Valued.
Key valuation signals for GLPI:
Forward PE Ratio: 14.17
GF Value™: $49.75 vs. price of $45.91 (7.7% below fair value)
Industry Position: 13.7% below the REITs median (#191 of 463)
No single metric tells the full story. See the GLPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gaming and Leisure Properties Business Description
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.
84GF Score
Get the complete analysis for GLPI
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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