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Sabra Health Care REIT (Sabra Health Care REIT) Cyclically Adjusted PS Ratio : 3.51 (As of Apr. 30, 2024)


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What is Sabra Health Care REIT Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Sabra Health Care REIT's current share price is $14.17. Sabra Health Care REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.04. Sabra Health Care REIT's Cyclically Adjusted PS Ratio for today is 3.51.

The historical rank and industry rank for Sabra Health Care REIT's Cyclically Adjusted PS Ratio or its related term are showing as below:

SBRA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.55   Med: 3.44   Max: 4.91
Current: 3.45

During the past years, Sabra Health Care REIT's highest Cyclically Adjusted PS Ratio was 4.91. The lowest was 2.55. And the median was 3.44.

SBRA's Cyclically Adjusted PS Ratio is ranked better than
65.45% of 492 companies
in the REITs industry
Industry Median: 5 vs SBRA: 3.45

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Sabra Health Care REIT's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.688. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $4.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sabra Health Care REIT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sabra Health Care REIT's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sabra Health Care REIT Cyclically Adjusted PS Ratio Chart

Sabra Health Care REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.65 3.45 3.04 3.53

Sabra Health Care REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.04 2.79 2.86 3.39 3.53

Competitive Comparison of Sabra Health Care REIT's Cyclically Adjusted PS Ratio

For the REIT - Healthcare Facilities subindustry, Sabra Health Care REIT's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sabra Health Care REIT's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sabra Health Care REIT's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sabra Health Care REIT's Cyclically Adjusted PS Ratio falls into.



Sabra Health Care REIT Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Sabra Health Care REIT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.17/4.04
=3.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sabra Health Care REIT's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sabra Health Care REIT's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.688/129.4194*129.4194
=0.688

Current CPI (Dec. 2023) = 129.4194.

Sabra Health Care REIT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.048 99.695 1.360
201406 0.975 100.560 1.255
201409 0.919 100.428 1.184
201412 0.994 99.070 1.299
201503 0.933 99.621 1.212
201506 0.950 100.684 1.221
201509 0.916 100.392 1.181
201512 1.020 99.792 1.323
201603 0.959 100.470 1.235
201606 1.134 101.688 1.443
201609 0.944 101.861 1.199
201612 0.941 101.863 1.196
201703 0.950 102.862 1.195
201706 0.986 103.349 1.235
201709 0.994 104.136 1.235
201712 0.949 104.011 1.181
201803 0.930 105.290 1.143
201806 0.931 106.317 1.133
201809 0.848 106.507 1.030
201812 0.779 105.998 0.951
201903 0.767 107.251 0.926
201906 1.204 108.070 1.442
201909 0.781 108.329 0.933
201912 0.785 108.420 0.937
202003 0.725 108.902 0.862
202006 0.746 108.767 0.888
202009 0.693 109.815 0.817
202012 0.725 109.897 0.854
202103 0.717 111.754 0.830
202106 0.707 114.631 0.798
202109 0.579 115.734 0.647
202112 0.596 117.630 0.656
202203 0.704 121.301 0.751
202206 0.673 125.017 0.697
202209 0.609 125.227 0.629
202212 0.714 125.222 0.738
202303 0.698 127.348 0.709
202306 0.694 128.729 0.698
202309 0.699 129.860 0.697
202312 0.688 129.419 0.688

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Sabra Health Care REIT  (NAS:SBRA) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Sabra Health Care REIT Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Sabra Health Care REIT's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sabra Health Care REIT (Sabra Health Care REIT) Business Description

Traded in Other Exchanges
Address
18500 Von Karman Avenue, Suite 550, Irvine, CA, USA, 92612
Sabra Health Care REIT Inc is a healthcare facility real estate investment trust. The company operates one segment that owns and invests in healthcare real estate. All of the company's revenue is generated in the United States. Sabra's operations consist of nursing facilities, assisted living centers, and mental health facilities. The company considers merger and acquisition investment as a component of its operational growth strategy. Sabra works with existing operators to identify strategic development opportunities.
Executives
Michael Lourenco Costa officer: Executive VP & CAO 18500 VON KARMAN AVENUE, SUITE 550, IRVINE CA 92612
Catherine Cusack director 18500 VON KARMAN AVENUE, SUITE 550, IRVINE CA 92612
Andrews Harold W. Jr. officer: Executive VP, CFO & Secretary C/O SABRA HEALTH CARE REIT, INC., 18500 VON KARMAN, SUITE 550, IRVINE CA 92612
Michael J Foster director 36 GROVE STREET, NEW CANAAN CT 06840
Ann Kono director 18500 VON KARMAN AVENUE, SUITE 550, IRVINE CA 92612
Porter Clifton J Ii director 18500 VON KARMAN AVENUE, SUITE 550, IRVINE CA 92612
Robert A. Ettl director C/O SABRA HEALTH CARE REIT, INC., 18500 VON KARMAN, SUITE 550, IRVINE CA 92612
Richard K Matros director, officer: CEO and President
Raymond J Lewis director 191 NORTH WACKER DRIVE, SUITE 1200, CHICAGO IL 60606
Lynne S Katzmann director 18500 VON KARMAN AVENUE,SUITE 550, IRVINE CA 92612
Milton J Walters director C/O SABRA HEALTH CARE REIT, INC., 18500 VON KARMAN AVENUE, SUITE 550, IRVINE CA 92612
Ronald G Geary director 10140 LINN STATION RD, LOUISVILLE KY 40223-3813
Jeffrey A. Malehorn director 191 NORTH WACKER DRIVE, SUITE 1200, CHICAGO IL 60606
Talya Nevo-hacohen officer: Executive VP, CIO & Treasurer C/O SABRA HEALTH CARE REIT, INC., 18500 VON KARMAN, SUITE 550, IRVINE CA 92612
Craig A. Barbarosh director 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305