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Sabra Health Care REIT (Sabra Health Care REIT) E10 : $0.71 (As of Dec. 2023)


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What is Sabra Health Care REIT E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Sabra Health Care REIT's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.71 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sabra Health Care REIT's average E10 Growth Rate was -7.80% per year. During the past 3 years, the average E10 Growth Rate was -6.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Sabra Health Care REIT was -6.20% per year. The lowest was -6.20% per year. And the median was -6.20% per year.

As of today (2024-04-28), Sabra Health Care REIT's current stock price is $13.94. Sabra Health Care REIT's E10 for the quarter that ended in Dec. 2023 was $0.71. Sabra Health Care REIT's Shiller PE Ratio of today is 19.63.

During the past 13 years, the highest Shiller PE Ratio of Sabra Health Care REIT was 22.13. The lowest was 13.58. And the median was 17.35.


Sabra Health Care REIT E10 Historical Data

The historical data trend for Sabra Health Care REIT's E10 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 E10 Chart

Sabra Health Care REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.86 0.82 0.77 0.71

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
E10 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 0.77 0.75 0.78 0.74 0.71

Competitive Comparison of Sabra Health Care REIT's E10

For the REIT - Healthcare Facilities subindustry, Sabra Health Care REIT's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Sabra Health Care REIT's Shiller PE Ratio falls into.



Sabra Health Care REIT E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.07/129.4194*129.4194
=0.070

Current CPI (Dec. 2023) = 129.4194.

Sabra Health Care REIT Quarterly Data

per share eps CPI Adj_EPS
201403 -0.250 99.695 -0.325
201406 0.280 100.560 0.360
201409 0.310 100.428 0.399
201412 0.350 99.070 0.457
201503 0.280 99.621 0.364
201506 0.240 100.684 0.308
201509 0.240 100.392 0.309
201512 0.340 99.792 0.441
201603 -0.280 100.470 -0.361
201606 0.530 101.688 0.675
201609 0.350 101.861 0.445
201612 0.310 101.863 0.394
201703 0.250 102.862 0.315
201706 0.270 103.349 0.338
201709 0.110 104.136 0.137
201712 0.570 104.011 0.709
201803 0.340 105.290 0.418
201806 1.080 106.317 1.315
201809 0.200 106.507 0.243
201812 -0.110 105.998 -0.134
201903 -0.440 107.251 -0.531
201906 0.460 108.070 0.551
201909 0.120 108.329 0.143
201912 0.200 108.420 0.239
202003 0.170 108.902 0.202
202006 0.140 108.767 0.167
202009 0.180 109.815 0.212
202012 0.180 109.897 0.212
202103 0.160 111.754 0.185
202106 -0.610 114.631 -0.689
202109 0.050 115.734 0.056
202112 -0.110 117.630 -0.121
202203 0.180 121.301 0.192
202206 0.070 125.017 0.072
202209 -0.220 125.227 -0.227
202212 -0.370 125.222 -0.382
202303 -0.040 127.348 -0.041
202306 0.090 128.729 0.090
202309 -0.070 129.860 -0.070
202312 0.070 129.419 0.070

Add all the adjusted EPS together and divide 10 will get our e10.


Sabra Health Care REIT  (NAS:SBRA) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Sabra Health Care REIT's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.94/0.71
=19.63

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Sabra Health Care REIT was 22.13. The lowest was 13.58. And the median was 17.35.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Sabra Health Care REIT E10 Related Terms

Thank you for viewing the detailed overview of Sabra Health Care REIT's E10 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