Omega Healthcare Investors (BSP:O2HI34) Cyclically Adjusted PB Ratio: 2.29 (As of Aug. 09, 2026) — 10% Above Median

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BSP:O2HI34 Omega Healthcare Investors Inc BSP:O2HI34
46 GF Score
Price R$81.84
GF Value R$70.35
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Omega Healthcare Investors Cyclically Adjusted PB Ratio?

Omega Healthcare Investors BSP:O2HI34 46 Cyclically Adjusted PB Ratio is 2.29 as of Aug. 09, 2026, which is 10% above its 10-year median of 2.09. GuruFocus rates BSP:O2HI34 with a GF Score™ of 46/100 and a GF Value™ of R$70.35 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 554 REITs companies, Omega Healthcare Investors ranks worse than 90.97% on this metric.

As of today (2026-08-09), Omega Healthcare Investors's current share price is R$81.84. Omega Healthcare Investors's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$35.72. Omega Healthcare Investors's Cyclically Adjusted PB Ratio for today is 2.29.

The historical rank and industry rank for Omega Healthcare Investors's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:O2HI34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 2.09   Max: 3.47
Current: 2.36

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

BSP:O2HI34's Cyclically Adjusted PB Ratio is ranked worse than
90.97% of 554 companies
in the REITs industry
Industry Median: 0.815 vs BSP:O2HI34: 2.36

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 adjusted book value per share data for the three months ended in Jun. 2026 was R$92.346. 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 R$35.72 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Omega Healthcare Investors  (BSP:O2HI34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Omega Healthcare Investors Cyclically Adjusted PB Ratio Related Terms


Omega Healthcare Investors Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Omega Healthcare Investors's Cyclically Adjusted PB 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.

Omega Healthcare Investors Cyclically Adjusted PB Ratio Chart

Omega Healthcare Investors Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 1.46 1.54 1.84 2.18

Omega Healthcare Investors Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB 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 1.77 2.05 2.18 2.14 2.33

BSP:O2HI34 vs DOC, AHR, CTRE: Cyclically Adjusted PB Ratio 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.


BSP:O2HI34
46GF Score
Omega Healthcare Investors Inc BSP:O2HI34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Omega Healthcare Investors Cyclically Adjusted PB Ratio Calculation

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

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=81.84/35.72
=2.29

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Omega Healthcare Investors's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=92.346/333.9520*333.9520
=92.346

Current CPI (Jun. 2026) = 333.9520.

Omega Healthcare Investors Quarterly Data

Book Value per Share CPI Adj_Book
201609 63.719 241.428 88.138
201612 65.984 241.432 91.270
201703 61.410 243.801 84.118
201706 63.967 244.955 87.207
201709 57.044 246.819 77.182
201712 59.070 246.524 80.019
201803 58.423 249.554 78.181
201806 66.363 251.989 87.949
201809 70.883 252.439 93.771
201812 66.105 251.233 87.870
201903 65.789 254.202 86.429
201906 67.857 256.143 88.470
201909 73.197 256.759 95.203
201912 74.896 256.974 97.332
202003 86.616 258.115 112.065
202006 90.768 257.797 117.581
202009 89.085 260.280 114.300
202012 85.490 260.474 109.606
202103 95.455 264.877 120.348
202106 84.921 271.696 104.380
202109 89.169 274.310 108.557
202112 92.415 278.802 110.696
202203 81.848 287.504 95.071
202206 80.665 296.311 90.912
202209 82.804 296.808 93.166
202212 80.821 296.797 90.939
202303 77.726 301.836 85.996
202306 72.992 305.109 79.892
202309 73.963 307.789 80.250
202312 71.407 306.746 77.740
202403 71.023 312.332 75.939
202406 78.683 314.175 83.636
202409 86.876 315.301 92.015
202412 99.159 315.605 104.923
202503 95.371 319.799 99.592
202506 94.369 322.561 97.702
202509 91.392 324.800 93.967
202512 95.648 324.054 98.570
202603 91.167 330.213 92.199
202606 92.346 333.952 92.346

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

What does a Cyclically Adjusted PB Ratio of 2.29 mean?
Omega Healthcare Investors (BSP:O2HI34) has a Cyclically Adjusted PB Ratio of 2.29 as of Aug. 09, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Omega Healthcare Investors and its competitors. This is 10% above median its historical median of 2.09. Over the past decade, Omega Healthcare Investors' Cyclically Adjusted PB Ratio has ranged from 1.37 to 3.47. According to the industry distribution chart, Omega Healthcare Investors ranks #504 out of 554 companies in the REITs industry, placing it in the top 91%.
Is Omega Healthcare Investors' Cyclically Adjusted PB Ratio too high?
Omega Healthcare Investors' current Cyclically Adjusted PB Ratio of 2.29 is 10% above median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 3.47. The REITs industry median Cyclically Adjusted PB Ratio is 0.82. Omega Healthcare Investors' value of 2.29 is 181% above this industry median. Based on the distribution chart, Omega Healthcare Investors ranks #504 out of 554 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Omega Healthcare Investors has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Omega Healthcare Investors' Cyclically Adjusted PB Ratio compare to DOC and AHR?
According to the REITs industry distribution chart, Omega Healthcare Investors ranks #504 out of 554 companies for Cyclically Adjusted PB Ratio. This places Omega Healthcare Investors in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.82. Omega Healthcare Investors' value of 2.29 is 181% above this benchmark. Historically, Omega Healthcare Investors' own Cyclically Adjusted PB Ratio has ranged from 1.37 to 3.47 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 0.82, Omega Healthcare Investors has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.82, based on 554 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Omega Healthcare Investors's current Cyclically Adjusted PB Ratio of 2.29 is 181% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Omega Healthcare Investors and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Omega Healthcare Investors's current Cyclically Adjusted PB Ratio is 2.29, which is 10% above median its own 10-year median of 2.09. 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 (BSP:O2HI34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$70.35, compared to a current price of R$81.84 — trading 16.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.29, which is 10% above median its 10-year median of 2.09 and 181% above the REITs industry median of 0.82. Omega Healthcare Investors' overall GF Score™ is 46/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Omega Healthcare Investors (BSP:O2HI34), the current Cyclically Adjusted PB Ratio is 2.29 as of Aug. 09, 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 (BSP:O2HI34) Overvalued in 2026?

Based on GuruFocus' analysis, Omega Healthcare Investors stock appears to be overvalued. The current stock price of R$81.84 is trading 16.3% above its estimated GF Value™ of R$70.35. GuruFocus considers Omega Healthcare Investors to be Modestly Overvalued.

Key valuation signals for BSP:O2HI34:

  • Cyclically Adjusted PB Ratio: 2.29 (10% above median its 10-year median of 2.09)
  • GF Value™: R$70.35 vs. price of R$81.84 (16.3% above fair value)
  • GF Score™: 46/100 with 7 warning signs
  • Industry Position: 181% above the REITs median (#504 of 554)

No single metric tells the full story. See the BSP:O2HI34 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.
46GF Score

Get the complete analysis for BSP:O2HI34

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

R$81.84
Price
R$70.35
GF Value