GLPI (Gaming and Leisure Properties) Shiller PE Ratio: 16.81 (As of Jul. 27, 2026) — 19% 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.

GLPI Gaming and Leisure Properties Inc GLPI
84 GF Score
Price $45.39
GF Value $50.05
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Gaming and Leisure Properties Shiller PE Ratio?

Gaming and Leisure Properties GLPI +0.48% 84 Shiller PE Ratio is 16.81 as of Jul. 27, 2026, which is 19% below its 10-year median of 20.76. GuruFocus rates GLPI with a GF Score™ of 84/100 and a GF Value™ of $50.05 (Fairly Valued). The stock has 5 warning signs investors should review. Among 478 REITs companies, Gaming and Leisure Properties ranks worse than 61.3% on this metric.

As of today (2026-07-27), Gaming and Leisure Properties's current share price is $45.385. Gaming and Leisure Properties's E10 for the quarter that ended in Mar. 2026 was $2.70. Gaming and Leisure Properties's Shiller PE Ratio for today is 16.81.

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

GLPI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.99   Med: 20.76   Max: 29.86
Current: 16.81

During the past years, Gaming and Leisure Properties's highest Shiller PE Ratio was 29.86. The lowest was 15.99. And the median was 20.76.

GLPI's Shiller PE Ratio is ranked worse than
61.3% of 478 companies
in the REITs industry
Industry Median: 13.275 vs GLPI: 16.81

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.

Gaming and Leisure Properties's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gaming and Leisure Properties  (NAS:GLPI) 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.


Gaming and Leisure Properties Shiller PE Ratio Related Terms


Gaming and Leisure Properties Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Gaming and Leisure Properties'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.

Gaming and Leisure Properties Shiller PE Ratio Chart

Gaming and Leisure Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 27.36 22.23 20.08 17.13

Gaming and Leisure Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 20.75 18.74 18.24 17.13 16.41

GLPI vs LAMR, WY, SBAC: Shiller PE Ratio Comparison

For the REIT - Specialty subindustry, Gaming and Leisure Properties'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.


Gaming and Leisure Properties Shiller PE Ratio vs REITs Industry

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

* The bar in red indicates where Gaming and Leisure Properties's Shiller PE Ratio falls into.


GLPI
84GF Score
Gaming and Leisure Properties Inc GLPI
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gaming and Leisure Properties 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.

Gaming and Leisure Properties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=45.385/2.70
=16.81

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

For example, Gaming and Leisure Properties's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.82/330.2130*330.2130
=0.820

Current CPI (Mar. 2026) = 330.2130.

Gaming and Leisure Properties Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.390 241.018 0.534
201609 0.430 241.428 0.588
201612 0.450 241.432 0.615
201703 0.450 243.801 0.609
201706 0.450 244.955 0.607
201709 0.450 246.819 0.602
201712 0.430 246.524 0.576
201803 0.450 249.554 0.595
201806 0.430 251.989 0.563
201809 0.490 252.439 0.641
201812 0.210 251.233 0.276
201903 0.430 254.202 0.559
201906 0.430 256.143 0.554
201909 0.420 256.759 0.540
201912 0.530 256.974 0.681
202003 0.450 258.115 0.576
202006 0.520 257.797 0.666
202009 0.580 260.280 0.736
202012 0.740 260.474 0.938
202103 0.540 264.877 0.673
202106 0.590 271.696 0.717
202109 0.630 274.310 0.758
202112 0.500 278.802 0.592
202203 0.480 287.504 0.551
202206 0.610 296.311 0.680
202209 0.850 296.808 0.946
202212 0.750 296.797 0.834
202303 0.700 301.836 0.766
202306 0.590 305.109 0.639
202309 0.700 307.789 0.751
202312 0.780 306.746 0.840
202403 0.640 312.332 0.677
202406 0.770 314.175 0.809
202409 0.670 315.301 0.702
202412 0.790 315.605 0.827
202503 0.600 319.799 0.620
202506 0.540 322.561 0.553
202509 0.850 324.800 0.864
202512 0.940 324.054 0.958
202603 0.820 330.213 0.820

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 16.81 mean?
Gaming and Leisure Properties (GLPI) has a Shiller PE Ratio of 16.81 as of Jul. 27, 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 Gaming and Leisure Properties and its competitors. This is 19% below median its historical median of 20.76. Over the past decade, Gaming and Leisure Properties' Shiller PE Ratio has ranged from 15.99 to 29.86. According to the industry distribution chart, Gaming and Leisure Properties ranks #293 out of 478 companies in the REITs industry, placing it in the top 61.3%.
Is Gaming and Leisure Properties' Shiller PE Ratio too high?
Gaming and Leisure Properties' current Shiller PE Ratio of 16.81 is 19% below median its 10-year median of 20.76. Over the past 10 years, this metric has ranged from a low of 15.99 to a high of 29.86. The REITs industry median Shiller PE Ratio is 13.28. Gaming and Leisure Properties' value of 16.81 is 26.6% above this industry median. Based on the distribution chart, Gaming and Leisure Properties ranks #293 out of 478 companies in the REITs industry, which is below 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' Shiller PE Ratio compare to LAMR and WY?
According to the REITs industry distribution chart, Gaming and Leisure Properties ranks #293 out of 478 companies for Shiller PE Ratio. This places Gaming and Leisure Properties in the lower half of its industry. The industry median Shiller PE Ratio is 13.28. Gaming and Leisure Properties' value of 16.81 is 26.6% above this benchmark. Historically, Gaming and Leisure Properties' own Shiller PE Ratio has ranged from 15.99 to 29.86 over the past decade. While the company's 10-year median is 20.76 vs. the industry median of 13.28, Gaming and Leisure Properties 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 Shiller PE Ratio for a REITs company?
The median Shiller PE Ratio among REITs companies is 13.28, based on 478 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. Gaming and Leisure Properties's current Shiller PE Ratio of 16.81 is 26.6% 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 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 Gaming and Leisure Properties and its competitors. For the REITs industry, the median Shiller PE Ratio is 13.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gaming and Leisure Properties's current Shiller PE Ratio is 16.81, which is 19% below median its own 10-year median of 20.76. 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 $50.05, compared to a current price of $45.39 — trading 9.3% below its estimated fair value. The current Shiller PE Ratio is 16.81, which is 19% below median its 10-year median of 20.76 and 26.6% above the REITs industry median of 13.28. Gaming and Leisure Properties' overall GF Score™ is 84/100 with 5 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 Gaming and Leisure Properties (GLPI), the current Shiller PE Ratio is 16.81 as of Jul. 27, 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 $45.39 is trading 9.3% below its estimated GF Value™ of $50.05. GuruFocus considers Gaming and Leisure Properties to be Fairly Valued.

Key valuation signals for GLPI:

  • Shiller PE Ratio: 16.81 (19% below median its 10-year median of 20.76)
  • GF Value™: $50.05 vs. price of $45.39 (9.3% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 26.6% above the REITs median (#293 of 478)

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

Industry Real EstateREITs
Other Exchanges 2GL:GermanyG1AM34:Brazil
Address 845 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610
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

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

$45.39
Price
$50.05
GF Value