LAND Historical PE Ratio Notes

— Gladstone Land Corporation (ticker: LAND) is a real estate investment trust (REIT) focused on acquiring, owning, and leasing farmland and farm-related properties across the U.S. Their portfolio primarily consists of high-quality farmland leased to experienced agricultural operators who grow produce, nuts, and berries. As a REIT, Gladstone Land is structured to generate steady cash flow mostly through long-term leases, which can provide relatively predictable income but are also sensitive to trends in agricultural demand, commodity prices, and interest rates. When reviewing historical price-to-earnings (PE) ratios for LAND, it's important to note that earnings for REITs like Gladstone Land often fluctuate due to factors such as weather conditions, crop cycles, and changing rental terms. Additionally, non-cash items like depreciation can significantly reduce reported net income, resulting in higher PE ratios compared to typical operating companies. Therefore, LAND's historical PE ratios may at times appear elevated or volatile, not necessarily reflecting underlying cash generation but rather inherent REIT accounting and agricultural sector dynamics. Understanding these fundamentals is key as you analyze LAND's historical valuations & financial performance over time.

On this page we presented the Gladstone Land Historical PE Ratio information for Gladstone Land' stock. The average LAND historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 34.5. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average LAND historical PE based on this TTM earnings result method is 31.3. Note: any PE calculations resulting in a value exceeding 500 were discarded as not meaningful. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this LAND historical PE result, against the recent PE: when this page was posted on 9/4/2026, the most recent closing price for LAND had been 9.83, and the most recent quarterly earnings result, annualized, was 0.304. Meanwhile, the most recent TTM earnings summed to 0.463. From these numbers, we calculate the recent LAND PE on 9/4/2026 based on annualized quarterly EPS was 32.3. Based on LAND's history, that recent PE is low relative to the historical average, with the recent PE 6.4% lower than the historical average PE across our data set for Gladstone Land. Looking at the recent LAND PE on 9/4/2026 based on TTM EPS, we calculate the ratio at 21.2. Based on LAND's history, that recent PE is low relative to the historical average, with the recent PE 32.3% lower than the average PE across our Gladstone Land data set with TTM EPS used in the calculation at each period.

Another interesting LAND historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for LAND, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for LAND, we start with the past four EPS numbers and we first sort them from lowest to highest: -0.04, 0.04, 0.08, and 0.38. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.04 and 0.08 — which gives us the median of 0.06. Basically the way to think about this 0.06 number is this: for the trailing four earnings reports, 0.06 marks the "middle ground" number where LAND has reported a value higher than 0.06 half the time, and has reported a value lower than 0.06 half the time. Annualizing that median value then gets us to 0.24/share, which we use as the denominator in our next PE calculation. With 9.83 as the numerator (as of 9/4/2026), the calculation is then 9.83 / 0.24 = 41.0 as the LAND PE ratio as of 9/4/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on LAND or any other given stock, valuation analysis for LAND can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Gladstone Land PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for LAND. Thanks for visiting, and the next time you need to research LAND Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.