Sabra Health Care REIT (FRA:SBC) Cyclically Adjusted Book per Share: €15.71 (As of Mar. 2026)


FRA:SBC Sabra Health Care REIT Inc FRA:SBC
78 GF Score
Price €17.54
GF Value €16.90
Valuation Fairly Valued
! 11 Warning Signs
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What is Sabra Health Care REIT Cyclically Adjusted Book per Share?

Sabra Health Care REIT FRA:SBC +2.63% 78 Cyclically Adjusted Book per Share is €15.71 as of Mar. 2026. GuruFocus rates FRA:SBC with a GF Score™ of 78/100 and a GF Value™ of €16.90 (Fairly Valued). The stock has 11 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Sabra Health Care REIT's adjusted book value per share for the three months ended in Mar. 2026 was €9.556. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €15.71 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sabra Health Care REIT's average Cyclically Adjusted Book Growth Rate was -2.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.30% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Sabra Health Care REIT was 7.00% per year. The lowest was -0.60% per year. And the median was 3.10% per year.

As of today (2026-07-05), Sabra Health Care REIT's current stock price is €17.535. Sabra Health Care REIT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €15.71. Sabra Health Care REIT's Cyclically Adjusted PB Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sabra Health Care REIT was 1.18. The lowest was 0.56. And the median was 0.88.


Sabra Health Care REIT  (FRA:SBC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Sabra Health Care REIT's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.535/15.71
=1.12

* 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 Cyclically Adjusted PB Ratio of Sabra Health Care REIT was 1.18. The lowest was 0.56. And the median was 0.88.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Sabra Health Care REIT Cyclically Adjusted Book per Share Related Terms


Sabra Health Care REIT Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sabra Health Care REIT's Cyclically Adjusted Book per Share 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.

Sabra Health Care REIT Cyclically Adjusted Book per Share Chart

Sabra Health Care REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.82 17.06 17.15 17.30 15.07

Sabra Health Care REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 17.02 15.52 15.40 15.07 15.71

FRA:SBC vs NHI, HR, MPT: Cyclically Adjusted Book per Share Comparison

For the REIT - Healthcare Facilities subindustry, Sabra Health Care REIT's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio vs REITs Industry

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

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


FRA:SBC
78GF Score
Sabra Health Care REIT Inc FRA:SBC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sabra Health Care REIT Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

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

For example, Sabra Health Care REIT's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=9.556/330.2130*330.2130
=9.556

Current CPI (Mar. 2026) = 330.2130.

Sabra Health Care REIT Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.861 241.018 18.991
201609 13.841 241.428 18.931
201612 14.746 241.432 20.168
201703 14.356 243.801 19.444
201706 13.558 244.955 18.277
201709 16.076 246.819 21.508
201712 16.273 246.524 21.797
201803 15.567 249.554 20.598
201806 16.342 251.989 21.415
201809 16.165 252.439 21.145
201812 16.024 251.233 21.061
201903 15.111 254.202 19.629
201906 15.205 256.143 19.602
201909 15.387 256.759 19.789
201912 15.300 256.974 19.661
202003 14.948 258.115 19.123
202006 14.520 257.797 18.599
202009 13.803 260.280 17.512
202012 13.309 260.474 16.872
202103 13.629 264.877 16.991
202106 12.716 271.696 15.455
202109 12.812 274.310 15.423
202112 12.981 278.802 15.375
202203 13.216 287.504 15.179
202206 13.589 296.311 15.144
202209 14.031 296.808 15.610
202212 12.490 296.797 13.896
202303 12.024 301.836 13.154
202306 11.751 305.109 12.718
202309 11.626 307.789 12.473
202312 11.112 306.746 11.962
202403 10.997 312.332 11.627
202406 10.953 314.175 11.512
202409 10.453 315.301 10.947
202412 11.019 315.605 11.529
202503 10.505 319.799 10.847
202506 9.804 322.561 10.037
202509 9.652 324.800 9.813
202512 9.574 324.054 9.756
202603 9.556 330.213 9.556

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €15.71 mean?
Sabra Health Care REIT (FRA:SBC) has a Cyclically Adjusted Book per Share of €15.71 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Sabra Health Care REIT and its competitors.
Is Sabra Health Care REIT's Cyclically Adjusted Book per Share too high?
Sabra Health Care REIT's current Cyclically Adjusted Book per Share is €15.71. Overall, Sabra Health Care REIT has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sabra Health Care REIT's Cyclically Adjusted Book per Share compare to NHI and HR?
Sabra Health Care REIT's Cyclically Adjusted Book per Share of €15.71 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a REITs company?
A good Cyclically Adjusted Book per Share depends on the REITs industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Sabra Health Care REIT and its competitors. Sabra Health Care REIT's current Cyclically Adjusted Book per Share is €15.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sabra Health Care REIT stock overvalued right now?
Based on GuruFocus' analysis, Sabra Health Care REIT (FRA:SBC) is currently considered Fairly Valued. The stock's GF Value™ is €16.90, compared to a current price of €17.54 — trading 3.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is €15.71. Sabra Health Care REIT's overall GF Score™ is 78/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Sabra Health Care REIT (FRA:SBC), the current Cyclically Adjusted Book per Share is €15.71 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sabra Health Care REIT (FRA:SBC) Overvalued in 2026?

Based on GuruFocus' analysis, Sabra Health Care REIT stock appears to be overvalued. The current stock price of €17.54 is trading 3.8% above its estimated GF Value™ of €16.90. GuruFocus considers Sabra Health Care REIT to be Fairly Valued.

Key valuation signals for FRA:SBC:

  • Cyclically Adjusted Book per Share: €15.71
  • GF Value™: €16.90 vs. price of €17.54 (3.8% above fair value)
  • GF Score™: 78/100 with 11 warning signs

No single metric tells the full story. See the FRA:SBC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sabra Health Care REIT Business Description

Industry Real EstateREITs
Other Exchanges SBRA:USA
Address 1781 Flight Way, Tustin, CA, USA, 92782
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.
78GF Score

Get the complete analysis for FRA:SBC

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€17.54
Price
€16.90
GF Value