Gaming & Leisure Properties, Inc. (GLPI)

Real Estate Investment Trusts

Latest Price

$40.62

TTM P/E

11.84

Normalized P/E

14.47

Div Yield

5.86%

Book Value

17.44

P/B Ratio

2.33

Valuation metrics

EPS: $2.95

Book value / share: $16.35

Formula: √(22.5 × EPS × BVPS)

Graham Number

$32.94

19% downside

Norm. op. income: $1.0B (median of 7yr)

Tax rate: 5%

Discount rate: 10%

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

Earnings Power Value

$9.91

76% downside

EPS: $2.95

Target P/E: 14×

Formula: EPS × P/E

P/E Fair Value

$41.30

+2% upside

94.3% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	35.86M	$1.60B	12.33%	+544.2K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	23.69M	$1.05B	8.14%	-353.6K	2026-06-30
Dodge & Cox	13.77M	$613.0M	4.73%	+315.0K	2026-06-30
STATE STREET CORP	13.48M	$600.0M	4.63%	+305.2K	2026-06-30
WELLINGTON MANAGEMENT GROUP LLP	12.48M	$555.0M	4.29%	-1.09M	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	12.30M	$547.0M	4.23%	+107.2K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	8.40M	$373.0M	2.89%	+135.5K	2026-06-30
PRINCIPAL FINANCIAL GROUP INC	6.68M	$297.0M	2.30%	-1.09M	2026-06-30
CITADEL ADVISORS LLC	6.23M	$277.0M	2.14%	+474.7K	2026-06-30
COHEN & STEERS, INC.	5.62M	$250.0M	1.93%	-2.59M	2026-06-30