Gladstone CommercialSTU:GLE -0.93%72 PB Ratio is 3.63 as of Jun. 26, 2026, which is 21% above its 10-year median of 2.99. GuruFocus rates STU:GLE with a GF Score™ of 72/100 and a GF Value™ of €10.99 (Fairly Valued). The stock has 8 warning signs investors should review. Among 929 REITs companies, Gladstone Commercial ranks worse than 96.02% on this metric.
Gladstone Commercial Corp stock PB Ratio (=3.58) is close to 1-year high of 3.84.
The historical rank and industry rank for Gladstone Commercial's PB Ratio or its related term are showing as below:
STU:GLE'
s PB Ratio Range Over the Past 10 Years
Min: 1.49 Med: 2.99 Max: 4.8
Current: 3.58
During the past 13 years, Gladstone Commercial's highest PB Ratio was 4.80. The lowest was 1.49. And the median was 2.99.
STU:GLE's PB Ratio is ranked worse than 96.02% of 929
companies
in the REITs industry
Industry Median: 0.87
vs STU:GLE: 3.58
During the past 12 months, Gladstone Commercial's average Book Value Per Share Growth Rate was -15.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -11.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -10.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -11.10% 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 -6.85% per year.
Back to Basics: PB Ratio
Gladstone Commercial (STU:GLE) PB Ratio Explanation
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
Gladstone Commercial PB Ratio Historical Data
* Premium members only.
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.
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 vs REITs Industry
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.
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.
* 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 (STU:GLE) has a PB Ratio of 3.63 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Gladstone Commercial and its competitors. This is 21% above median its historical median of 2.99. Over the past decade, Gladstone Commercial's PB Ratio has ranged from 1.49 to 4.80. According to the industry distribution chart, Gladstone Commercial ranks #892 out of 929 companies in the REITs industry, placing it in the top 96%.
Is Gladstone Commercial's PB Ratio too high?
Gladstone Commercial's current PB Ratio of 3.63 is 21% above median its 10-year median of 2.99. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 4.80. The REITs industry median PB Ratio is 0.87. Gladstone Commercial's value of 3.63 is 317.2% above this industry median. Based on the distribution chart, Gladstone Commercial ranks #892 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Gladstone Commercial has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gladstone Commercial's PB Ratio compare to CTO and AHRT?
According to the REITs industry distribution chart, Gladstone Commercial ranks #892 out of 929 companies for PB Ratio. This places Gladstone Commercial in the lower half of its industry. The industry median PB Ratio is 0.87. Gladstone Commercial's value of 3.63 is 317.2% above this benchmark. Historically, Gladstone Commercial's own PB Ratio has ranged from 1.49 to 4.80 over the past decade. While the company's 10-year median is 2.99 vs. the industry median of 0.87, Gladstone Commercial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a REITs company?
The median PB Ratio among REITs companies is 0.87, based on 929 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gladstone Commercial's current PB Ratio of 3.63 is 317.2% above 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Gladstone Commercial and its competitors. For the REITs industry, the median PB Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gladstone Commercial's current PB Ratio is 3.63, which is 21% above median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gladstone Commercial stock overvalued right now?
Based on GuruFocus' analysis, Gladstone Commercial (STU:GLE) is currently considered Fairly Valued. The stock's GF Value™ is €10.99, compared to a current price of €10.60 — trading 3.5% below its estimated fair value. The current PB Ratio is 3.63, which is 21% above median its 10-year median of 2.99 and 317.2% above the REITs industry median of 0.87. Gladstone Commercial's overall GF Score™ is 72/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Gladstone Commercial (STU:GLE), the current PB Ratio is 3.63 as of Jun. 26, 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 Commercial (STU:GLE) Overvalued in 2026?
Based on GuruFocus' analysis, Gladstone Commercial stock appears to be undervalued.
The current stock price of €10.60 is trading 3.5% below its estimated GF Value™ of €10.99.
GuruFocus considers Gladstone Commercial to be Fairly Valued.
Key valuation signals for STU:GLE:
PB Ratio: 3.63 (21% above median its 10-year median of 2.99)
GF Value™: €10.99 vs. price of €10.60 (3.5% below fair value)
Industry Position: 317.2% above the REITs median (#892 of 929)
No single metric tells the full story. See the STU:GLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
72GF Score
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