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Gladstone Commercial (Gladstone Commercial) PB Ratio

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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-19), Gladstone Commercial's share price is $25.14. Gladstone Commercial's Book Value per Share for the quarter that ended in Dec. 2023 was $0.00. Hence, Gladstone Commercial's PB Ratio of today is .

The historical rank and industry rank for Gladstone Commercial's PB Ratio or its related term are showing as below:

GOODP.PFD' s PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 2.31   Max: 4.8
Current: 3.38

During the past 13 years, Gladstone Commercial's highest PB Ratio was 4.80. The lowest was 1.27. And the median was 2.31.

GOODP.PFD's PB Ratio is ranked worse than
97.31% of 854 companies
in the REITs industry
Industry Median: 0.83 vs GOODP.PFD: 3.38

During the past 12 months, Gladstone Commercial's average Book Value Per Share Growth Rate was -25.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -14.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -12.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -10.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gladstone Commercial was 9.00% per year. The lowest was -14.30% per year. And the median was -6.55% per year.

Back to Basics: PB Ratio


Gladstone Commercial PB Ratio Historical Data

The historical data trend for Gladstone Commercial's PB 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.

* Premium members only.

Gladstone Commercial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
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Gladstone Commercial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the REIT - Diversified subindustry, Gladstone Commercial's PB Ratio, along with its competitors' market caps and PB 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 Commercial PB Ratio Distribution

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

* The bar in red indicates where Gladstone Commercial's PB Ratio falls into.



Gladstone Commercial PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Gladstone Commercial's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=25.14/
=

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Gladstone Commercial  (NAS:GOODP.PFD) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Gladstone Commercial PB Ratio Related Terms

Thank you for viewing the detailed overview of Gladstone Commercial's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gladstone Commercial (Gladstone Commercial) Business Description

Traded in Other Exchanges
Address
1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Commercial Corp is a real estate investment trust, which engages in investing and owning net leased industrial, commercial, and retail real property and making long-term industrial and commercial mortgage loans. Its portfolio consists of single-tenant commercial, industrial real properties, and medical properties nationwide. Its principal investment objectives are to generate income from rental properties.