P/E ratio for Gladstone Land (LAND)
P/E ratio as of April 2024 (TTM): -42.1
According to Gladstone Land's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -42.1333. At the end of 2022 the company had a P/E ratio of -43.7.
P/E ratio history for Gladstone Land from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -43.7 | -62.47% |
| 2021 | -116 | 66.99% |
| 2020 | -69.7 | -30.12% |
| 2019 | -99.8 | -221.67% |
| 2018 | 82.0 | -101.57% |
| 2017 | < -1000 | -1642.65% |
| 2016 | 339 | 172.38% |
| 2015 | 124 | -119.52% |
| 2014 | -637 | 665.3% |
| 2013 | -83.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Tower AMT | 113 | -368.21% | 🇺🇸 USA |
 One Liberty Properties OLP | 17.1 | -140.48% | 🇺🇸 USA |
 Empire State Realty Trust
ESRT | 27.6 | -165.59% | 🇺🇸 USA |
 Corporate Office Properties Trust
OFC | -49.5 | 17.45% | 🇺🇸 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.