P/E ratio for Gaming and Leisure Properties (GLPI)
P/E ratio as of June 2024 (TTM): 16.2
According to Gaming and Leisure Properties 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.1606. At the end of 2022 the company had a P/E ratio of 19.3.
P/E ratio history for Gaming and Leisure Properties from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.3 | -10% |
| 2021 | 21.4 | 16.28% |
| 2020 | 18.4 | -22.49% |
| 2019 | 23.8 | 16.31% |
| 2018 | 20.4 | 0.04% |
| 2017 | 20.4 | 4.15% |
| 2016 | 19.6 | -20.92% |
| 2015 | 24.8 | 39.59% |
| 2014 | 17.8 | -93.05% |
| 2013 | 256 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Penn National Gaming
PENN | -18.1 | -211.76% | 🇺🇸 USA |
 W. P. Carey WPC | 15.7 | -3.07% | 🇺🇸 USA |
 Paramount Group PGRE | -10.7 | -166.45% | 🇺🇸 USA |
 Hudson Pacific Properties
HPP | -6.21 | -138.43% | 🇺🇸 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.