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Omega Healthcare Investors (LTS:0KBL) Cyclically Adjusted Book per Share : $20.82 (As of Mar. 2025)


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What is Omega Healthcare Investors Cyclically Adjusted Book per Share?

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.

Omega Healthcare Investors's adjusted book value per share for the three months ended in Mar. 2025 was $16.563. 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 $20.82 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Omega Healthcare Investors'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 5.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.00% 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 Omega Healthcare Investors was 14.00% per year. The lowest was -15.10% per year. And the median was 1.60% per year.

As of today (2025-05-30), Omega Healthcare Investors's current stock price is $36.4007. Omega Healthcare Investors's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $20.82. Omega Healthcare Investors's Cyclically Adjusted PB Ratio of today is 1.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Omega Healthcare Investors was 4.12. The lowest was 1.37. And the median was 2.21.


Omega Healthcare Investors Cyclically Adjusted Book per Share Historical Data

The historical data trend for Omega Healthcare Investors'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.

* Premium members only.

Omega Healthcare Investors Cyclically Adjusted Book per Share Chart

Omega Healthcare Investors Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.30 17.67 18.98 20.04 20.57

Omega Healthcare Investors Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 20.13 20.34 20.44 20.57 20.82

Competitive Comparison of Omega Healthcare Investors's Cyclically Adjusted Book per Share

For the REIT - Healthcare Facilities subindustry, Omega Healthcare Investors'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.


Omega Healthcare Investors's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Omega Healthcare Investors's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Omega Healthcare Investors's Cyclically Adjusted PB Ratio falls into.


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Omega Healthcare Investors 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, Omega Healthcare Investors's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=16.563/134.9266*134.9266
=16.563

Current CPI (Mar. 2025) = 134.9266.

Omega Healthcare Investors Quarterly Data

Book Value per Share CPI Adj_Book
201506 20.181 100.684 27.045
201509 20.000 100.392 26.880
201512 19.947 99.792 26.970
201603 19.626 100.470 26.357
201606 19.663 101.688 26.090
201609 19.587 101.861 25.945
201612 19.673 101.863 26.059
201703 19.635 102.862 25.756
201706 19.411 103.349 25.342
201709 18.210 104.136 23.594
201712 17.927 104.011 23.255
201803 17.817 105.290 22.832
201806 17.598 106.317 22.334
201809 17.252 106.507 21.855
201812 17.023 105.998 21.669
201903 17.129 107.251 21.549
201906 17.599 108.070 21.973
201909 17.768 108.329 22.130
201912 18.247 108.420 22.708
202003 17.727 108.902 21.963
202006 17.494 108.767 21.701
202009 16.497 109.815 20.269
202012 16.617 109.897 20.402
202103 16.939 111.754 20.451
202106 16.888 114.631 19.878
202109 16.891 115.734 19.692
202112 16.342 117.630 18.745
202203 16.447 121.301 18.294
202206 15.981 125.017 17.248
202209 15.791 125.227 17.014
202212 15.408 125.222 16.602
202303 14.923 127.348 15.811
202306 15.038 128.729 15.762
202309 14.976 129.860 15.560
202312 14.573 129.419 15.193
202403 14.262 131.776 14.603
202406 14.609 132.554 14.871
202409 15.688 133.029 15.912
202412 16.253 133.157 16.469
202503 16.563 134.927 16.563

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


Omega Healthcare Investors  (LTS:0KBL) 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.

Omega Healthcare Investors's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36.4007/20.82
=1.75

* 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 Omega Healthcare Investors was 4.12. The lowest was 1.37. And the median was 2.21.


Be Aware

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


Omega Healthcare Investors Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Omega Healthcare Investors's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Omega Healthcare Investors Business Description

Industry
Traded in Other Exchanges
Address
303 International Circle, Suite 200, Hunt Valley, MD, USA, 21030
Omega Healthcare Investors Inc is a healthcare facility real estate investment trust that invests in the United States real estate markets. Omega's portfolio focuses on long-term healthcare facilities. Omega has one reportable segment consisting of investments in healthcare-related real estate properties located in the United States and the United Kingdom. Its core business is to provide financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities (SNFs), assisted living facilities (ALFs), and to a lesser extent, independent living facilities (ILFs), rehabilitation and acute care facilities (specialty facilities) and medical office buildings (MOBs).

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