P/E ratio for Gladstone Capital (GLAD)
P/E ratio as of May 2024 (TTM): 22.1
According to Gladstone Capital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.125. At the end of 2022 the company had a P/E ratio of 24.7.
P/E ratio history for Gladstone Capital from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 24.7 | 434.2% |
| 2021 | 4.62 | -84.37% |
| 2020 | 29.5 | 146.85% |
| 2019 | 12.0 | -52.47% |
| 2018 | 25.2 | 145.98% |
| 2017 | 10.2 | -0.83% |
| 2016 | 10.3 | |
| 2014 | 165 | 2717.16% |
| 2013 | 5.87 | -94.24% |
| 2012 | 102 | -1650.72% |
| 2011 | -6.58 | -133.12% |
| 2010 | 19.9 | 132.46% |
| 2009 | 8.54 | -271.1% |
| 2008 | -4.99 | -126.13% |
| 2007 | 19.1 | 40.98% |
| 2006 | 13.6 | 5.26% |
| 2005 | 12.9 | -26.09% |
| 2004 | 17.4 | -22.03% |
| 2003 | 22.4 | 19.42% |
| 2002 | 18.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Oxford Square Capital
OXSQ | -7.64 | -134.54% | 🇺🇸 USA |
 Oxford Lane Capital OXLC | N/A | N/A | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.