Is Gladstone Land Corp. overvalued or undervalued?

As of 21 July 2025, the valuation grade for Gladstone Land Corp. has moved from attractive to very attractive. The company appears to be undervalued based on its current metrics. Key ratios include a Price to Earnings (P/E) ratio of 18, a Price to Book Value of 0.51, and an EV to EBITDA of 4.98, which suggest that the stock is trading at a discount relative to its earnings and asset value.
In comparison to its peers, Gladstone Land Corp. has a significantly lower P/E ratio than Armada Hoffler Properties, Inc. at 34.05 and Universal Health Realty Income Trust at 31.66, indicating a more favorable valuation. Additionally, the company's EV to EBITDA ratio is also more attractive compared to the industry average. While specific return data is not available, the overall valuation metrics suggest that Gladstone Land Corp. is positioned well against the S&P 500, reinforcing the notion of it being undervalued.