Omega Healthcare Investors (LTS:0KBL) Cyclically Adjusted Book per Share: $20.65 (As of Mar. 2026)


LTS:0KBL Omega Healthcare Investors Inc LTS:0KBL
75 GF Score
Price $48.25
GF Value $38.51
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Omega Healthcare Investors Cyclically Adjusted Book per Share?

Omega Healthcare Investors LTS:0KBL -2.15% 75 Cyclically Adjusted Book per Share is $20.65 as of Mar. 2026. GuruFocus rates LTS:0KBL with a GF Score™ of 75/100 and a GF Value™ of $38.51 (Modestly Overvalued). The stock has 6 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.

Omega Healthcare Investors's adjusted book value per share for the three months ended in Mar. 2026 was $17.433. 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 $20.65 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Omega Healthcare Investors's average Cyclically Adjusted Book Growth Rate was -1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 1.85% per year.

As of today (2026-07-10), Omega Healthcare Investors's current stock price is $48.25. Omega Healthcare Investors's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $20.65. Omega Healthcare Investors's Cyclically Adjusted PB Ratio of today is 2.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Omega Healthcare Investors was 3.47. The lowest was 1.37. And the median was 2.09.


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
=48.25/20.65
=2.34

* 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 3.47. The lowest was 1.37. And the median was 2.09.


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


Omega Healthcare Investors Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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.

Omega Healthcare Investors Cyclically Adjusted Book per Share Chart

Omega Healthcare Investors 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 17.67 18.98 20.04 20.57 20.44

Omega Healthcare Investors 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 20.82 20.53 20.61 20.44 20.65

LTS:0KBL vs DOC, AHR, CTRE: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


LTS:0KBL
75GF Score
Omega Healthcare Investors Inc LTS:0KBL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=17.433/330.2130*330.2130
=17.433

Current CPI (Mar. 2026) = 330.2130.

Omega Healthcare Investors Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.663 241.018 26.940
201609 19.587 241.428 26.790
201612 19.673 241.432 26.907
201703 19.635 243.801 26.594
201706 19.411 244.955 26.167
201709 18.210 246.819 24.363
201712 17.927 246.524 24.013
201803 17.817 249.554 23.576
201806 17.598 251.989 23.061
201809 17.252 252.439 22.567
201812 17.023 251.233 22.375
201903 17.129 254.202 22.251
201906 17.599 256.143 22.688
201909 17.768 256.759 22.851
201912 18.247 256.974 23.447
202003 17.727 258.115 22.679
202006 17.494 257.797 22.408
202009 16.497 260.280 20.929
202012 16.617 260.474 21.066
202103 16.939 264.877 21.117
202106 16.888 271.696 20.525
202109 16.891 274.310 20.333
202112 16.342 278.802 19.355
202203 16.447 287.504 18.890
202206 15.981 296.311 17.809
202209 15.791 296.808 17.568
202212 15.408 296.797 17.143
202303 14.923 301.836 16.326
202306 15.038 305.109 16.275
202309 14.976 307.789 16.067
202312 14.573 306.746 15.688
202403 14.262 312.332 15.078
202406 14.609 314.175 15.355
202409 15.688 315.301 16.430
202412 16.253 315.605 17.005
202503 16.563 319.799 17.102
202506 17.016 322.561 17.420
202509 17.041 324.800 17.325
202512 17.532 324.054 17.865
202603 17.433 330.213 17.433

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 $20.65 mean?
Omega Healthcare Investors (LTS:0KBL) has a Cyclically Adjusted Book per Share of $20.65 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 Omega Healthcare Investors and its competitors.
Is Omega Healthcare Investors' Cyclically Adjusted Book per Share too high?
Omega Healthcare Investors' current Cyclically Adjusted Book per Share is $20.65. Overall, Omega Healthcare Investors has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Omega Healthcare Investors' Cyclically Adjusted Book per Share compare to DOC and AHR?
Omega Healthcare Investors' Cyclically Adjusted Book per Share of $20.65 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 Omega Healthcare Investors and its competitors. Omega Healthcare Investors's current Cyclically Adjusted Book per Share is $20.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omega Healthcare Investors stock overvalued right now?
Based on GuruFocus' analysis, Omega Healthcare Investors (LTS:0KBL) is currently considered Modestly Overvalued. The stock's GF Value™ is $38.51, compared to a current price of $48.25 — trading 25.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is $20.65. Omega Healthcare Investors' overall GF Score™ is 75/100 with 6 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 Omega Healthcare Investors (LTS:0KBL), the current Cyclically Adjusted Book per Share is $20.65 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 Omega Healthcare Investors (LTS:0KBL) Overvalued in 2026?

Based on GuruFocus' analysis, Omega Healthcare Investors stock appears to be overvalued. The current stock price of $48.25 is trading 25.3% above its estimated GF Value™ of $38.51. GuruFocus considers Omega Healthcare Investors to be Modestly Overvalued.

Key valuation signals for LTS:0KBL:

  • Cyclically Adjusted Book per Share: $20.65
  • GF Value™: $38.51 vs. price of $48.25 (25.3% above fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the LTS:0KBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Omega Healthcare Investors Business Description

Industry Real EstateREITs
Address 303 International Circle, Suite 200, Hunt Valley, MD, USA, 21030
Omega Healthcare Investors Inc is a real estate investment trust that invests in healthcare-related real estate properties located in the United States (U.S.), the United Kingdom (U.K.), and Canada. The company's objective is to provide attractive returns to investors while serving as the preferred capital partner to its third-party healthcare operating companies and affiliates, as well as other third-party healthcare operators, allowing them to focus on delivering a high level of care to their resident patients. Omega's investment portfolio mainly consists of skilled nursing facilities, assisted living facilities (ALFs), including care homes in the U.K., independent living facilities, rehabilitation and acute care facilities, and continuing care retirement communities.
75GF Score

Get the complete analysis for LTS:0KBL

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

$48.25
Price
$38.51
GF Value