CHCT (Community Healthcare Trust) Cyclically Adjusted PB Ratio: 0.75 (As of Sep. 01, 2026) — 14% Below Median

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CHCT Community Healthcare Trust Inc CHCT
80 GF Score
Price $14.89
GF Value $18.83
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Community Healthcare Trust Cyclically Adjusted PB Ratio?

Community Healthcare Trust CHCT +1.22% 80 Cyclically Adjusted PB Ratio is 0.75 as of Sep. 01, 2026, which is 14% below its 10-year median of 0.87. GuruFocus rates CHCT with a GF Score™ of 80/100 and a GF Value™ of $18.83 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 549 REITs companies, Community Healthcare Trust ranks better than 52.46% on this metric.

As of today (2026-09-01), Community Healthcare Trust's current share price is $14.89. Community Healthcare Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $19.95. Community Healthcare Trust's Cyclically Adjusted PB Ratio for today is 0.75.

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

CHCT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 0.87   Max: 1.37
Current: 0.74

During the past years, Community Healthcare Trust's highest Cyclically Adjusted PB Ratio was 1.37. The lowest was 0.67. And the median was 0.87.

CHCT's Cyclically Adjusted PB Ratio is ranked better than
52.46% of 549 companies
in the REITs industry
Industry Median: 0.79 vs CHCT: 0.74

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.

Community Healthcare Trust's adjusted book value per share data for the three months ended in Jun. 2026 was $14.456. 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 $19.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Community Healthcare Trust  (NYSE:CHCT) 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.


Community Healthcare Trust Cyclically Adjusted PB Ratio Related Terms


Community Healthcare Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Community Healthcare Trust'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.

Community Healthcare Trust Cyclically Adjusted PB Ratio Chart

Community Healthcare Trust 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 0.00 0.00 0.00 0.97 0.83

Community Healthcare Trust 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 0.83 0.77 0.83 0.80 0.92

CHCT vs XRN, UHT, STRW: Cyclically Adjusted PB Ratio Comparison

For the REIT - Healthcare Facilities subindustry, Community Healthcare Trust'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.


Community Healthcare Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

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


CHCT
80GF Score
Community Healthcare Trust Inc CHCT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Community Healthcare Trust 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.

Community Healthcare Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.89/19.95
=0.75

* 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.

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

For example, Community Healthcare Trust'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)
=14.456/333.9520*333.9520
=14.456

Current CPI (Jun. 2026) = 333.9520.

Community Healthcare Trust Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.226 241.428 21.061
201612 14.937 241.432 20.661
201703 14.499 243.801 19.860
201706 14.131 244.955 19.265
201709 15.918 246.819 21.537
201712 15.668 246.524 21.225
201803 15.380 249.554 20.581
201806 15.185 251.989 20.124
201809 15.071 252.439 19.937
201812 14.578 251.233 19.378
201903 14.297 254.202 18.782
201906 14.387 256.143 18.757
201909 14.915 256.759 19.399
201912 16.506 256.974 21.450
202003 16.623 258.115 21.507
202006 17.033 257.797 22.065
202009 17.500 260.280 22.453
202012 17.997 260.474 23.074
202103 18.433 264.877 23.240
202106 18.514 271.696 22.756
202109 18.480 274.310 22.498
202112 18.497 278.802 22.156
202203 18.790 287.504 21.826
202206 18.844 296.311 21.238
202209 18.913 296.808 21.280
202212 19.184 296.797 21.586
202303 18.821 301.836 20.824
202306 19.039 305.109 20.839
202309 19.156 307.789 20.784
202312 18.587 306.746 20.236
202403 18.470 312.332 19.749
202406 17.746 314.175 18.863
202409 16.895 315.301 17.894
202412 16.853 315.605 17.833
202503 16.279 319.799 16.999
202506 15.434 322.561 15.979
202509 14.992 324.800 15.414
202512 15.082 324.054 15.543
202603 14.747 330.213 14.914
202606 14.456 333.952 14.456

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 0.75 mean?
Community Healthcare Trust (CHCT) has a Cyclically Adjusted PB Ratio of 0.75 as of Sep. 01, 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 Community Healthcare Trust and its competitors. This is 14% below median its historical median of 0.87. Over the past decade, Community Healthcare Trust's Cyclically Adjusted PB Ratio has ranged from 0.67 to 1.37. According to the industry distribution chart, Community Healthcare Trust ranks #261 out of 549 companies in the REITs industry, placing it in the top 47.5%.
Is Community Healthcare Trust's Cyclically Adjusted PB Ratio too high?
Community Healthcare Trust's current Cyclically Adjusted PB Ratio of 0.75 is 14% below median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 1.37. The REITs industry median Cyclically Adjusted PB Ratio is 0.79. Community Healthcare Trust's value of 0.75 is 5.1% below this industry median. Based on the distribution chart, Community Healthcare Trust ranks #261 out of 549 companies in the REITs industry, which is above the industry midpoint. Overall, Community Healthcare Trust has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Community Healthcare Trust's Cyclically Adjusted PB Ratio compare to XRN and UHT?
According to the REITs industry distribution chart, Community Healthcare Trust ranks #261 out of 549 companies for Cyclically Adjusted PB Ratio. This puts Community Healthcare Trust in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.79. Community Healthcare Trust's value of 0.75 is 5.1% below this benchmark. Historically, Community Healthcare Trust's own Cyclically Adjusted PB Ratio has ranged from 0.67 to 1.37 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.79, Community Healthcare Trust has consistently been below 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 0.79, based on 549 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. Community Healthcare Trust's current Cyclically Adjusted PB Ratio of 0.75 is 5.1% below 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 Community Healthcare Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Community Healthcare Trust's current Cyclically Adjusted PB Ratio is 0.75, which is 14% below median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Community Healthcare Trust stock overvalued right now?
Based on GuruFocus' analysis, Community Healthcare Trust (CHCT) is currently considered Modestly Undervalued. The stock's GF Value™ is $18.83, compared to a current price of $14.89 — trading 20.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.75, which is 14% below median its 10-year median of 0.87 and 5.1% below the REITs industry median of 0.79. Community Healthcare Trust's overall GF Score™ is 80/100 with 10 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 Community Healthcare Trust (CHCT), the current Cyclically Adjusted PB Ratio is 0.75 as of Sep. 01, 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 Community Healthcare Trust (CHCT) Overvalued in 2026?

Based on GuruFocus' analysis, Community Healthcare Trust stock appears to be undervalued. The current stock price of $14.89 is trading 20.9% below its estimated GF Value™ of $18.83. GuruFocus considers Community Healthcare Trust to be Modestly Undervalued.

Key valuation signals for CHCT:

  • Cyclically Adjusted PB Ratio: 0.75 (14% below median its 10-year median of 0.87)
  • GF Value™: $18.83 vs. price of $14.89 (20.9% below fair value)
  • GF Score™: 80/100 with 10 warning signs
  • Industry Position: 5.1% below the REITs median (#261 of 549)

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


Community Healthcare Trust Business Description

Industry Real EstateREITs
Other Exchanges 4U9:Germany
Address 3326 Aspen Grove Drive, Suite 150, Franklin, TN, USA, 37067
Community Healthcare Trust Inc is an integrated healthcare real estate company in the United States. The company owns and acquires, or finances, real estate properties that are leased to hospitals, doctors, healthcare systems, or other healthcare service providers in non-urban markets. The company derives the majority of its revenues from its real estate property and mortgage notes portfolio. The company's rental and mortgage interest income is recognized based on contractual arrangements with its tenants and borrowers.
80GF Score

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

$14.89
Price
$18.83
GF Value