Gladstone Commercial (FRA:GLE) Shiller PE Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:GLE Gladstone Commercial Corp FRA:GLE
70 GF Score
Price €10.95
GF Value €11.28
Valuation Fairly Valued
! 9 Warning Signs
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What is Gladstone Commercial Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gladstone Commercial  (FRA:GLE) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Gladstone Commercial Shiller PE Ratio Related Terms


Gladstone Commercial Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Gladstone Commercial's Shiller 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 Commercial Shiller PE Ratio Chart

Gladstone Commercial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
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Gladstone Commercial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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FRA:GLE vs JBGS, OLP, AHRT: Shiller PE Ratio Comparison

For the REIT - Diversified subindustry, Gladstone Commercial'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 Commercial Shiller PE Ratio vs REITs Industry

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

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


FRA:GLE
70GF Score
Gladstone Commercial Corp FRA:GLE
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gladstone Commercial Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

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

Gladstone Commercial's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Gladstone Commercial's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.0904/333.9520*333.9520
=0.090

Current CPI (Jun. 2026) = 333.9520.

Gladstone Commercial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.086 241.428 -0.119
201612 0.091 241.432 0.126
201703 0.073 243.801 0.099
201706 -0.062 244.955 -0.085
201709 -0.012 246.819 -0.016
201712 -0.125 246.524 -0.169
201803 0.057 249.554 0.076
201806 -0.002 251.989 -0.003
201809 0.002 252.439 0.003
201812 -0.010 251.233 -0.013
201903 0.052 254.202 0.069
201906 -0.018 256.143 -0.023
201909 -0.012 256.759 -0.015
201912 -0.153 256.974 -0.199
202003 -0.016 258.115 -0.021
202006 -0.050 257.797 -0.065
202009 -0.003 260.280 -0.004
202012 0.134 260.474 0.171
202103 -0.068 264.877 -0.085
202106 -0.068 271.696 -0.084
202109 0.033 274.310 0.040
202112 -0.000 278.802 -0.000
202203 0.008 287.504 0.009
202206 -0.035 296.311 -0.039
202209 -0.008 296.808 -0.009
202212 -0.004 296.797 -0.004
202303 0.001 301.836 0.001
202306 -0.175 305.109 -0.192
202309 -0.032 307.789 -0.035
202312 0.031 306.746 0.033
202403 0.007 312.332 0.007
202406 -0.037 314.175 -0.039
202409 0.179 315.301 0.190
202412 0.084 315.605 0.089
202503 0.041 319.799 0.042
202506 0.028 322.561 0.029
202509 0.018 324.800 0.018
202512 0.039 324.054 0.041
202603 0.067 330.213 0.068
202606 0.090 333.952 0.090

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

Is Gladstone Commercial (FRA:GLE) Overvalued in 2026?

Based on GuruFocus' analysis, Gladstone Commercial stock appears to be undervalued. The current stock price of €10.95 is trading 2.9% below its estimated GF Value™ of €11.28. GuruFocus considers Gladstone Commercial to be Fairly Valued.

Key valuation signals for FRA:GLE:

  • Shiller PE Ratio:
  • GF Value™: €11.28 vs. price of €10.95 (2.9% below fair value)
  • GF Score™: 70/100 with 9 warning signs

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


Gladstone Commercial Business Description

Industry Real EstateREITs
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.
70GF Score

Get the complete analysis for FRA:GLE

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

€10.95
Price
€11.28
GF Value