This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Gladstone Land's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $2.498. Gladstone Land's 10-Year median PS Ratio is 6.7614. Therefore, the Median PS Value for today is $16.89.
As of today (2024-05-13), Gladstone Land's share price is $13.1612. Gladstone Land's Median PS Value is $16.89. Therefore, Gladstone Land's Price to Median PS Value for today is 0.78.
The historical rank and industry rank for Gladstone Land's Median PS Value or its related term are showing as below:
LAND'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.78 Med: 0.88 Max: 0.97
Current: 0.78
During the past 13 years, the highest Price to Median PS Value of Gladstone Land was 0.97. The lowest was 0.78. And the median was 0.88.
LAND's Price-to-Median-PS-Value is ranked better than 52.96% of 372
companies
in the REITs industry
Industry Median: 0.805
vs LAND: 0.78
Gladstone Land Median PS Value Historical Data
The historical data trend for Gladstone Land's Median PS Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Gladstone Land's Median PS Value
For the REIT - Specialty subindustry, Gladstone Land's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Gladstone Land's Price-to-Median-PS-Value Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Gladstone Land's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Gladstone Land's Price-to-Median-PS-Value falls into.
Gladstone Land Median PS Value Calculation
Gladstone Land's Median PS Value for today is calculated as
10-Year Median PS Ratio is 6.7614.
Gladstone Land's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.498.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gladstone Land (NAS:LAND) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Gladstone Land's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
13.1612
/
16.89
=
0.78
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gladstone Land Median PS Value Related Terms
Thank you for viewing the detailed overview of Gladstone Land's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Gladstone Land (Gladstone Land) Business Description
Gladstone Land Corp is an externally-managed, agricultural REIT. It is mainly in the business of owning and leasing farmland. It manages operations in one reporting segment. It is focused on the ownership of high-quality farms and farm-related properties that are leased on a triple-net basis to tenants with a strong operating history and deep farming resources. The farmland is predominantly concentrated in locations where farmers are able to grow either fresh produce annual row crops (e.g., certain berries and vegetables), which are typically planted and harvested annually, or certain permanent crops (e.g., almonds, blueberries, pistachios, and wine grapes). To a much lesser extent, it also own farms that grow certain commodity crops (e.g., corn and beans).
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