Gladstone Capital Corp (GLAD)

Latest Price

$18.97

TTM P/E

Normalized P/E

TTM Div Yield

10.23%

Fwd Div Yield

10.23%

Book Value

21.50

P/B Ratio

0.88

Valuation metrics

EPS: $2.11

Book value / share: $21.34

Formula: √(22.5 × EPS × BVPS)

Graham Number

$31.83

+71% upside

Norm. op. income: $57M (median of 3yr)

Tax rate: 25%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$20.42

+10% upside

EPS: $2.11

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$31.65

+70% upside

12.6% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Van Eck Associates Corp	456.2K	$8.0M	2.02%	+129.9K	2026-06-30
UBS Group AG	286.9K	$5.0M	1.27%	+30.7K	2026-06-30
Legal & General Group Plc	182.1K	$3.0M	0.81%	+6.4K	2026-06-30
Two Sigma Investments, LP	162.6K	$3.0M	0.72%	--	2026-06-30
B. Riley Wealth Advisors, Inc.	135.6K	$2.0M	0.60%	+47.3K	2026-06-30
LPL Financial LLC	121.6K	$2.0M	0.54%	+8.3K	2026-06-30
Morgan Stanley	109.0K	$2.0M	0.48%	-26.6K	2026-06-30
North Ground Capital	105.3K	$2.0M	0.47%	-37.6K	2026-06-30
Millennium Management LLC	97.5K	$1.0M	0.43%	-15.4K	2026-06-30
Legacy Capital Wealth Partners, LLC	89.1K	$1.0M	0.39%	+21.0K	2026-06-30