Gladstone Capital Corporation (GLAD) P/E Ratio History
UndervaluedTrading at 7.3x vs 5Y avg 9.6x · 50th percentile · Below historical baseline · Data 2002–2026
Loading P/E history...
P/E Ratio Analysis
As of June 22, 2026, Gladstone Capital Corporation (GLAD) trades at a price-to-earnings ratio of 7.3x, with a stock price of $18.69 and trailing twelve-month earnings per share of $1.55.
The current P/E is 24% below its 5-year average of 9.6x. Over the past five years, GLAD's P/E has ranged from a low of 4.5x to a high of 25.0x, placing the current valuation at the 50th percentile of its historical range.
Compared to the Financial Services sector median P/E of 13.6x, GLAD trades at a 46% discount to its sector peers. The sector includes 783 companies with P/E ratios ranging from 0.0x to 196.5x.
Relative to the broader market, GLAD trades at a notable discount to the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our GLAD DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
GLAD Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
GLAD P/E vs Peers
Private credit and BDC lenders peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $13B | 9.7 | 0.94 | -24% | |
| $997M | 6.5 | - | -20% | |
| $3B | 8.7 | 0.28 | +4% | |
| $203M | 4.1Lowest | 4.04 | +49%Best | |
| $1B | 12.1 | - | +29% | |
| $678M | 7.3 | 0.20 | -3% | |
| $742M | 10.4 | 1.17 | -49% | |
| $5B | 9.2 | 0.14Best | -6% | |
| $3B | 8.4 | - | +15% | |
| $5B | 8.8 | 1.99 | -19% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
GLAD Historical P/E Data (2002–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q2 | - | $17.35 | $1.11 | 15.6x | -66% |
| FY2026 Q1 | Dec 31 2025 | $20.66 | $1.50 | 13.8x | -70% |
| FY2025 Q4 | - | $21.87 | $2.52 | 8.7x | -81% |
| FY2025 Q3 | Jun 30 2025 | $26.97 | $3.40 | 7.9x | -83% |
| FY2025 Q2 | Mar 31 2025 | $27.46 | $3.95 | 7.0x | -85% |
| FY2025 Q1 | - | $28.44 | $4.65 | 6.1x | -87% |
| FY2024 Q4 | Sep 30 2024 | $24.05 | $4.36 | 5.5x | -88% |
| FY2024 Q3 | Jun 30 2024 | $23.27 | $3.55 | 6.6x | -86% |
| FY2024 Q2 | Mar 31 2024 | $21.46 | $3.30 | 6.5x | -86% |
| FY2024 Q1 | Dec 31 2023 | $21.40 | $2.86 | 7.5x | -84% |
| FY2023 Q4 | Sep 30 2023 | $19.28 | $2.26 | 8.5x | -81% |
| FY2023 Q3 | Jun 30 2023 | $19.52 | $1.90 | 10.3x | -78% |
| FY2023 Q2 | Mar 31 2023 | $18.80 | $0.94 | 20.0x | -56% |
| FY2023 Q1 | Dec 31 2022 | $19.24 | $0.77 | 25.0x | -45% |
| FY2022 Q4 | Sep 30 2022 | $16.98 | $1.16 | 14.6x | -68% |
| FY2022 Q3 | - | $20.18 | $2.77 | 7.3x | -84% |
| FY2022 Q2 | - | $23.58 | $4.16 | 5.7x | -88% |
| FY2022 Q1 | Dec 31 2021 | $23.18 | $4.98 | 4.7x | -90% |
| FY2021 Q4 | - | $22.60 | $5.04 | 4.5x | -90% |
| FY2021 Q3 | Jun 30 2021 | $22.86 | $3.78 | 6.0x | -87% |
| FY2021 Q2 | Mar 31 2021 | $19.84 | $3.68 | 5.4x | -88% |
| FY2021 Q1 | - | $17.72 | $0.60 | 29.5x | -35% |
| FY2020 Q1 | - | $19.86 | $1.65 | 12.1x | -74% |
| FY2019 Q4 | Sep 30 2019 | $19.50 | $1.34 | 14.6x | -68% |
| FY2019 Q3 | Jun 30 2019 | $18.76 | $0.28 | 67.0x | +47% |
| FY2019 Q2 | Mar 31 2019 | $18.02 | $0.57 | 31.6x | -31% |
| FY2019 Q1 | Dec 31 2018 | $14.60 | $0.62 | 23.5x | -48% |
| FY2018 Q4 | Sep 30 2018 | $19.00 | $1.42 | 13.4x | -71% |
| FY2018 Q3 | Jun 30 2018 | $18.00 | $2.55 | 7.1x | -85% |
| FY2018 Q2 | Mar 31 2018 | $17.20 | $2.14 | 8.0x | -82% |
| FY2018 Q1 | Dec 31 2017 | $18.42 | $1.80 | 10.2x | -78% |
| FY2017 Q4 | Sep 30 2017 | $19.00 | $1.33 | 14.2x | -69% |
| FY2017 Q3 | Jun 30 2017 | $19.66 | $2.69 | 7.3x | -84% |
| FY2017 Q2 | Mar 31 2017 | $18.98 | $2.68 | 7.1x | -85% |
| FY2017 Q1 | Dec 31 2016 | $18.78 | $1.80 | 10.4x | -77% |
| FY2016 Q4 | Sep 30 2016 | $16.26 | $0.96 | 16.9x | -63% |
| FY2016 Q1 | - | $14.62 | $0.01 | 1462.0x | +3099% |
| FY2015 Q4 | Sep 30 2015 | $16.26 | $0.81 | 20.0x | -56% |
| FY2015 Q3 | - | $15.80 | $3.43 | 4.6x | -90% |
| FY2015 Q2 | - | $17.62 | $1.20 | 14.7x | -68% |
| FY2015 Q1 | Dec 31 2014 | $16.54 | $0.09 | 180.8x | +296% |
| FY2014 Q4 | - | $17.54 | $1.06 | 16.5x | -64% |
| FY2014 Q3 | Jun 30 2014 | $20.12 | $1.60 | 12.6x | -72% |
| FY2014 Q2 | Mar 31 2014 | $20.16 | $3.32 | 6.1x | -87% |
| FY2014 Q1 | - | $19.14 | $3.26 | 5.9x | -87% |
| FY2013 Q4 | Sep 30 2013 | $17.46 | $2.66 | 6.6x | -86% |
| FY2013 Q3 | Jun 30 2013 | $16.34 | $0.20 | 81.7x | +79% |
| FY2013 Q1 | Dec 31 2012 | $16.32 | $0.08 | 195.0x | +327% |
| FY2011 Q1 | Dec 31 2010 | $23.04 | $0.58 | 39.9x | -13% |
| FY2010 Q4 | - | $22.54 | $0.78 | 29.0x | -37% |
| FY2010 Q3 | Jun 30 2010 | $21.62 | $0.76 | 28.6x | -37% |
| FY2010 Q2 | Mar 31 2010 | $23.60 | $0.80 | 29.4x | -36% |
| FY2010 Q1 | - | $15.38 | $0.90 | 17.0x | -63% |
| FY2009 Q4 | Sep 30 2009 | $17.86 | $0.17 | 103.5x | +126% |
| FY2008 Q1 | Dec 31 2007 | $34.02 | $0.93 | 36.6x | -20% |
| FY2007 Q4 | Sep 30 2007 | $39.04 | $1.16 | 33.6x | -26% |
| FY2007 Q3 | Jun 30 2007 | $42.92 | $1.54 | 27.9x | -39% |
| FY2007 Q2 | Mar 31 2007 | $47.36 | $1.58 | 30.0x | -34% |
| FY2007 Q1 | Dec 31 2006 | $47.72 | $1.73 | 27.6x | -40% |
| FY2006 Q4 | Sep 30 2006 | $44.02 | $2.10 | 21.0x | -54% |
| FY2006 Q3 | Jun 30 2006 | $42.78 | $1.87 | 22.9x | -50% |
| FY2006 Q2 | Mar 31 2006 | $43.10 | $1.73 | 24.9x | -45% |
| FY2006 Q1 | Dec 31 2005 | $42.76 | $1.62 | 26.4x | -42% |
| FY2005 Q4 | Sep 30 2005 | $45.10 | $1.34 | 33.7x | -26% |
| FY2005 Q3 | - | $46.80 | $1.21 | 38.6x | -16% |
| FY2005 Q2 | - | $42.44 | $1.41 | 30.1x | -34% |
| FY2005 Q1 | Dec 31 2004 | $47.40 | $1.31 | 36.1x | -21% |
| FY2004 Q4 | - | $45.42 | $1.01 | 44.9x | -2% |
| FY2004 Q3 | Jun 30 2004 | $40.30 | $1.20 | 33.6x | -27% |
| FY2004 Q2 | Mar 31 2004 | $44.82 | $0.89 | 50.4x | +10% |
| FY2004 Q1 | Dec 31 2003 | $44.70 | $0.98 | 45.6x | -0% |
| FY2003 Q4 | - | $38.90 | $1.09 | 35.7x | -22% |
| FY2003 Q3 | Jun 30 2003 | $41.32 | $1.10 | 37.6x | -18% |
| FY2003 Q2 | Mar 31 2003 | $32.36 | $1.09 | 29.7x | -35% |
| FY2003 Q1 | - | $32.94 | $0.87 | 37.9x | -17% |
| FY2002 Q4 | Sep 30 2002 | $33.76 | $0.75 | 45.0x | -2% |
Average P/E for displayed period: 45.7x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
24+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
GLAD — Frequently Asked Questions
Quick answers to the most common questions about buying GLAD stock.
What is GLAD's P/E ratio?
Gladstone Capital Corporation (GLAD) trailing twelve-month P/E ratio is 7.3x, based on TTM diluted EPS of $1.55. The 5-year average P/E is 9.6x and the historical range spans 4.5x to 25.0x.
Is GLAD stock overvalued or undervalued?
GLAD trades at 7.3x P/E, below its 5-year average of 9.6x. At the 50th percentile of its historical range (4.5x–25.0x), the stock is priced at a discount to its own history.
Is GLAD stock expensive?
No, GLAD is not expensive on a historical basis. The current P/E of 7.3x is below the 5-year average of 9.6x and sits at the 50th percentile of its valuation range.
What is GLAD's historical P/E range?
Over the past 5 years, GLAD's P/E ratio has ranged from 4.5x to 25.0x, with a median of 7.5x and an average of 9.6x. The current P/E of 7.3x places the stock at the 50th percentile of this range. Full historical data spans 2002–2026.
How does GLAD's P/E compare to the S&P 500?
GLAD trades at 7.3x P/E versus the S&P 500 median of 24.4x. The 70% discount to the market suggests lower growth expectations or perceived higher risk.
How does GLAD's valuation compare to Financial Services peers?
Gladstone Capital Corporation P/E of 7.3x compares to the Financial Services sector median of 13.6x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is GLAD's PEG ratio?
GLAD PEG ratio is N/A, based on a P/E of 7.3x and EPS growth of -41.2%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is GLAD's earnings yield?
GLAD earnings yield is 13.64%, the inverse of its 7.3x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.