Gaming and Leisure Properties
GLPI
#1363
Rank
$12.91 B
Marketcap
$47.08
Share price
1.33%
Change (1 day)
-2.79%
Change (1 year)

P/E ratio for Gaming and Leisure Properties (GLPI)

P/E ratio as of December 2024 (TTM): 17.3

According to Gaming and Leisure Properties 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.2847. 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
202219.3-10%
202121.416.28%
202018.4-22.49%
201923.816.31%
201820.40.04%
201720.44.15%
201619.6-20.92%
201524.839.59%
201417.8-93.05%
2013256

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-23.1-233.82%๐Ÿ‡บ๐Ÿ‡ธ USA
15.2-11.82%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.95-122.88%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.6-167.22%๐Ÿ‡บ๐Ÿ‡ธ 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.