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Gladstone Commercial Corporation (GOOD)
The export includes the complete available history of financial statements and ratios. Numbers are provided in full, without million or billion abbreviations, in their original reporting units.
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Gladstone Commercial Corporation Financial Ratios 2025-2008 | GOOD
Brief overview of Gladstone Commercial Corporation's valuation multiples
The comparison uses the five latest available annual observations between 2021 and 2025.
Key multiples at the end of the period are P/E 27.58x (median 56.13x), EV/EBITDA 26.58x (median 13.82x), P/S 3.3x (median 4.07x). The combined multiple level is about 19% below the company's historical norm, suggesting more cautious expectations.
The inverse P/E implies an earnings yield of 3.6%. This is not a dividend yield, but current earnings relative to market price.
The latest available business-quality ratios are ROE 11.2%, ROA 1.5%, ROCE 3.7%. Low capital returns limit the ability to compound value internally.
On PEG (2.7x), valuation is stretched relative to growth and requires strong execution.
The time from paying for inputs to receiving cash rose from -414.6 days to -161.5 days. Cash turnover slowed.
Overall assessment
Gladstone Commercial Corporation's discount may reflect genuine profitability issues rather than market inefficiency alone.
Annual Financial Ratios Gladstone Commercial Corporation
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
P/E |
27.6 | 27.9 | 99.5 | 56.1 | 77.5 | 67.6 | 68.7 | 47.5 | 86.9 | 119.6 | 88.0 | -52.4 | 160.3 | 53.8 | 32.6 | 27.6 | 22.1 | - |
P/S |
3.3 | 4.5 | 3.4 | 4.1 | 6.2 | 7.6 | 5.8 | 5.5 | 5.4 | 5.5 | 3.8 | 4.2 | 4.0 | 3.9 | 4.2 | - | - | - |
EPS |
0.1 | 0.3 | -0.2 | -0.0 | -0.1 | 0.1 | -0.2 | 0.0 | -0.2 | -0.2 | -0.1 | -0.6 | -0.2 | -0.0 | 0.1 | 0.1 | 0.1 | - |
EV (Enterprise Value) |
1.43 B | 1.41 B | 1.29 B | 1.42 B | 1.61 B | 1.88 B | 1.48 B | 1.26 B | 1.17 B | 1.08 B | 911 M | 871 M | 744 M | 639 M | 501 M | 428 M | 98.6 M | -4.5 M |
EBITDA per Share |
1.25 | 1.34 | 1.45 | 1.54 | 1.62 | 0.92 | 2.87 | 2.82 | 2.79 | 2.92 | 3.13 | 3.43 | 3.96 | 3.94 | 3.6 | 1.55 | 1.54 | - |
EV/EBITDA |
24.5 | 25.3 | 22.4 | 23.6 | 26.6 | 13.1 | 14.6 | 13.7 | 13.8 | 13.9 | 12.1 | 13.2 | 13.1 | 13.4 | 13.2 | 32.3 | 7.5 | - |
PEG |
2.7 | -13.67 | -598.48 | 46.22 | 60.34 | -4.42 | -0.11 | -0.41 | 4.63 | 0.93 | -0.99 | -0.3 | 0.36 | -0.5 | -11.39 | - | - | - |
P/B |
1.6 | 2.0 | 1.5 | 1.6 | 2.3 | 4.7 | 3.1 | 2.3 | 1.9 | 2.0 | 1.4 | 1.4 | 1.3 | 1.7 | 1.4 | 1.2 | - | - |
P/CF |
6.0 | 11.7 | 8.2 | 8.8 | 12.1 | 15.4 | 11.0 | 10.5 | 11.0 | 11.5 | 10.0 | 11.0 | 12.3 | 8.6 | -7.5 | 7.5 | 6.0 | - |
ROE % |
11.23 | 14.02 | 3.25 | 5.30 | 5.44 | 6.96 | 4.56 | 4.84 | 2.23 | 1.65 | 1.54 | -2.71 | 0.83 | 3.07 | 4.22 | 4.42 | 3.89 | - |
ROA % |
1.55 | 2.19 | 0.44 | 0.90 | 0.96 | 1.36 | 0.93 | 1.31 | 0.64 | 0.46 | 0.43 | -0.75 | 0.22 | 0.67 | 1.26 | 1.20 | - | - |
ROCE % |
- | - | - | - | - | - | 3.67 | 4.04 | 3.71 | 4.11 | 4.37 | 4.36 | 4.42 | 4.94 | 5.13 | - | - | - |
Current Ratio |
1.4 | 1.5 | 1.4 | 1.5 | 1.5 | 1.2 | 0.4 | 0.3 | 0.9 | 0.5 | 0.4 | 0.5 | 0.8 | 0.5 | 2.2 | 1.4 | - | - |
DSO |
- | - | - | - | - | - | - | - | - | - | 25.7 | 27.7 | - | - | - | - | - | - |
DPO |
- | - | - | - | - | - | 161.5 | 86.1 | 348.4 | 365.1 | 440.3 | 641.9 | 257.2 | 1083.7 | 724.1 | - | - | - |
Operating Cycle |
- | - | - | - | - | - | - | - | - | - | 25.7 | 27.7 | - | - | - | - | - | - |
Cash Conversion Cycle |
- | - | - | - | - | - | -161.5 | -86.1 | -348.4 | -365.1 | -414.6 | -614.2 | -257.2 | -1083.7 | -724.1 | - | - | - |
All numbers in USD currency
Quarterly Financial Ratios Gladstone Commercial Corporation
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EPS |
0.11 | 0.08 | - | 0.02 | 0.03 | 0.04 | - | 0.2 | -0.04 | 0.01 | - | -0.04 | -0.19 | -0.02 | - | -0.01 | -0.04 | 0.01 | - | 0.04 | -0.08 | -0.08 | - | -0.004 | -0.06 | -0.02 | -0.18 | -0.02 | -0.02 | 0.06 | -0.01 | -0.01 | -0.01 | 0.06 | -0.17 | -0.01 | -0.08 | 0.07 | -0.01 | -0.1 | -0.03 | -0.02 | 0.06 | -0.06 | -0.0409 | -0.03 | 0.36 | -0.05 | 0.01 | -0.93 | -0.05 | -0.06 | -0.05 | -0.06 | -0.04 | -0.01 | -0.02 | 0.02 | 0.01 | 0.07 | 0.04 | 0.05 |
EBITDA per Share |
0.31 | 0.31 | - | 0.33 | 0.31 | 0.3 | - | 0.31 | 0.4 | 0.33 | - | 0.31 | 0.42 | 0.37 | - | 0.39 | 0.39 | 0.39 | - | 0.4 | 0.39 | 0.47 | - | 0.23 | 0.42 | 0.42 | - | 0.42 | 0.41 | 0.44 | - | 0.41 | 0.41 | 0.41 | - | 0.4 | 0.39 | 0.4 | - | 0.4 | 0.41 | 0.41 | - | 0.42 | 0.43 | 0.41 | - | 0.42 | 0.42 | 0.43 | - | 0.44 | 0.42 | 0.44 | - | 0.39 | 0.36 | 0.36 | - | 0.96 | 0.7 | 0.36 |
ROE % |
14.37 | 11.92 | 7.65 | 14.56 | 13.43 | 13.19 | 10.39 | 11.40 | 2.04 | 2.58 | 0.20 | 1.49 | 1.24 | 5.32 | 3.67 | 5.93 | 5.72 | 4.99 | 3.37 | 4.71 | 2.91 | 2.90 | 2.86 | 3.09 | 2.82 | 3.42 | 4.58 | 5.36 | 5.37 | 5.31 | 4.93 | 3.38 | 3.20 | 2.44 | 2.23 | 3.73 | 2.81 | 2.93 | 1.65 | 1.79 | 1.78 | 1.60 | 1.54 | 3.27 | 3.42 | 3.79 | -2.71 | -5.36 | -5.30 | -5.61 | 0.83 | 1.15 | 1.80 | 2.25 | 3.07 | 3.40 | 3.88 | 4.19 | 4.22 | 1.29 | 1.01 | 1.09 |
ROA % |
1.94 | 1.72 | 1.15 | 2.22 | 2.04 | 1.97 | 1.53 | 1.68 | 0.24 | 0.36 | 0.04 | 0.27 | 0.25 | 0.93 | 0.67 | 1.07 | 1.04 | 0.91 | 0.62 | 0.88 | 0.56 | 0.56 | 0.56 | 0.60 | 0.55 | 0.68 | 0.92 | 1.14 | 1.21 | 1.27 | 1.31 | 0.89 | 0.86 | 0.66 | 0.64 | 1.07 | 0.80 | 0.83 | 0.46 | 0.51 | 0.50 | 0.45 | 0.43 | 0.91 | 0.95 | 1.05 | -0.75 | -1.48 | -1.47 | -1.56 | 0.22 | 0.28 | 0.41 | 0.50 | 0.67 | 0.80 | 1.01 | 1.16 | 1.26 | 0.39 | 0.30 | 0.33 |
Current Ratio |
1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.5 | - | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.3 | 1.3 | 1.3 | 1.3 | 1.4 | 1.4 | 1.4 | 1.4 |
All numbers in USD currency
Multiples are an important financial analysis tool for the company Gladstone Commercial Corporation, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.
Advantages of Using Financial Ratios- Simplified Data Analysis
Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition. - Comparability Between Companies
Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations. - Identification of Trends and Issues
Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks. - Decision Support
Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions. - Accelerated Assessment of Investment Attractiveness
Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.
Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.
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