GLAD (Gladstone Capital) Shiller PE Ratio: 7.30 (As of Aug. 19, 2026) — 57% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GLAD Gladstone Capital Corp GLAD
48 GF Score
Price $19.58
GF Value $20.16
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Gladstone Capital Shiller PE Ratio?

Gladstone Capital GLAD +0.59% 48 Shiller PE Ratio is 7.30 as of Aug. 19, 2026, which is 57% below its 10-year median of 17.00. GuruFocus rates GLAD with a GF Score™ of 48/100 and a GF Value™ of $20.16 (Fairly Valued). The stock has 7 warning signs investors should review. Among 789 Asset Management companies, Gladstone Capital ranks better than 83.27% on this metric.

As of today (2026-08-19), Gladstone Capital's current share price is $19.575. Gladstone Capital's E10 for the quarter that ended in Jun. 2026 was $2.68. Gladstone Capital's Shiller PE Ratio for today is 7.30.

The historical rank and industry rank for Gladstone Capital's Shiller PE Ratio or its related term are showing as below:

GLAD' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.65   Med: 17   Max: 52.21
Current: 7.3

During the past years, Gladstone Capital's highest Shiller PE Ratio was 52.21. The lowest was 6.65. And the median was 17.00.

GLAD's Shiller PE Ratio is ranked better than
83.27% of 789 companies
in the Asset Management industry
Industry Median: 12.95 vs GLAD: 7.30

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Gladstone Capital's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.68 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gladstone Capital  (NAS:GLAD) 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 Capital Shiller PE Ratio Related Terms


Gladstone Capital Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Gladstone Capital'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 Capital Shiller PE Ratio Chart

Gladstone Capital Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.60 8.96 10.75 11.29 9.33

Gladstone Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial 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 12.23 9.33 8.37 6.54 7.26

GLAD vs DFP, EVN, HPI: Shiller PE Ratio Comparison

For the Asset Management subindustry, Gladstone Capital'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 Capital Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Gladstone Capital's Shiller PE Ratio distribution charts can be found below:

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


GLAD
48GF Score
Gladstone Capital Corp GLAD
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gladstone Capital 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 Capital's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=19.575/2.68
=7.30

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

For example, Gladstone Capital'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)
=0.59/333.9520*333.9520
=0.590

Current CPI (Jun. 2026) = 333.9520.

Gladstone Capital Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 1.780 241.428 2.462
201612 0.080 241.432 0.111
201703 0.360 243.801 0.493
201706 0.480 244.955 0.654
201709 0.420 246.819 0.568
201712 0.540 246.524 0.732
201803 0.700 249.554 0.937
201806 0.900 251.989 1.193
201809 -0.760 252.439 -1.005
201812 -0.260 251.233 -0.346
201903 0.660 254.202 0.867
201906 0.600 256.143 0.782
201909 0.360 256.759 0.468
201912 0.040 256.974 0.052
202003 -1.780 258.115 -2.303
202006 0.960 257.797 1.244
202009 0.660 260.280 0.847
202012 0.760 260.474 0.974
202103 1.300 264.877 1.639
202106 1.060 271.696 1.303
202109 1.960 274.310 2.386
202112 0.700 278.802 0.838
202203 0.480 287.504 0.558
202206 -0.320 296.311 -0.361
202209 0.300 296.808 0.338
202212 0.320 296.797 0.360
202303 0.660 301.836 0.730
202306 0.630 305.109 0.690
202309 0.670 307.789 0.727
202312 0.910 306.746 0.991
202403 1.090 312.332 1.165
202406 0.880 314.175 0.935
202409 1.460 315.301 1.546
202412 1.210 315.605 1.280
202503 0.390 319.799 0.407
202506 0.330 322.561 0.342
202509 0.620 324.800 0.637
202512 0.240 324.054 0.247
202603 0.680 330.213 0.688
202606 0.590 333.952 0.590

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 7.30 mean?
Gladstone Capital (GLAD) has a Shiller PE Ratio of 7.30 as of Aug. 19, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Gladstone Capital and its competitors. This is 57% below median its historical median of 17.00. Over the past decade, Gladstone Capital's Shiller PE Ratio has ranged from 6.65 to 52.21. According to the industry distribution chart, Gladstone Capital ranks #132 out of 789 companies in the Asset Management industry, placing it in the top 16.7%.
Is Gladstone Capital's Shiller PE Ratio too high?
Gladstone Capital's current Shiller PE Ratio of 7.30 is 57% below median its 10-year median of 17.00. Over the past 10 years, this metric has ranged from a low of 6.65 to a high of 52.21. The Asset Management industry median Shiller PE Ratio is 12.95. Gladstone Capital's value of 7.30 is 43.6% below this industry median. Based on the distribution chart, Gladstone Capital ranks #132 out of 789 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. 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 Shiller PE Ratio compare to DFP and EVN?
According to the Asset Management industry distribution chart, Gladstone Capital ranks #132 out of 789 companies for Shiller PE Ratio. This places Gladstone Capital in the top 17% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 12.95. Gladstone Capital's value of 7.30 is 43.6% below this benchmark. Historically, Gladstone Capital's own Shiller PE Ratio has ranged from 6.65 to 52.21 over the past decade. While the company's 10-year median is 17.00 vs. the industry median of 12.95, Gladstone Capital has consistently been below 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 Shiller PE Ratio for an Asset Management company?
The median Shiller PE Ratio among Asset Management companies is 12.95, based on 789 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gladstone Capital's current Shiller PE Ratio of 7.30 is 43.6% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Gladstone Capital and its competitors. For the Asset Management industry, the median Shiller PE Ratio is 12.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gladstone Capital's current Shiller PE Ratio is 7.30, which is 57% below median its own 10-year median of 17.00. 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 Shiller PE Ratio is 7.30, which is 57% below median its 10-year median of 17.00 and 43.6% below the Asset Management industry median of 12.95. 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 Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Gladstone Capital (GLAD), the current Shiller PE Ratio is 7.30 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:

  • Shiller PE Ratio: 7.30 (57% below median its 10-year median of 17.00)
  • GF Value™: $20.16 vs. price of $19.58 (2.9% below fair value)
  • GF Score™: 48/100 with 7 warning signs
  • Industry Position: 43.6% below the Asset Management median (#132 of 789)

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 Business Description

Other Exchanges 1G70:Germany
Address 1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
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

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

$19.58
Price
$20.16
GF Value