Omega Healthcare Investors (FRA:WX4) Cyclically Adjusted PB Ratio: 2.33 (As of Aug. 08, 2026) — 11% Above Median

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FRA:WX4 Omega Healthcare Investors Inc FRA:WX4
72 GF Score
Price €41.76
GF Value €34.60
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Omega Healthcare Investors Cyclically Adjusted PB Ratio?

Omega Healthcare Investors FRA:WX4 -0.64% 72 Cyclically Adjusted PB Ratio is 2.33 as of Aug. 08, 2026, which is 11% above its 10-year median of 2.09. GuruFocus rates FRA:WX4 with a GF Score™ of 72/100 and a GF Value™ of €34.60 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 554 REITs companies, Omega Healthcare Investors ranks worse than 90.79% on this metric.

As of today (2026-08-08), Omega Healthcare Investors's current share price is €41.76. Omega Healthcare Investors's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €17.95. Omega Healthcare Investors's Cyclically Adjusted PB Ratio for today is 2.33.

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

FRA:WX4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 2.09   Max: 3.47
Current: 2.38

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.

FRA:WX4's Cyclically Adjusted PB Ratio is ranked worse than
90.79% of 554 companies
in the REITs industry
Industry Median: 0.81 vs FRA:WX4: 2.38

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 €15.643. 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 €17.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Omega Healthcare Investors  (FRA:WX4) 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

FRA:WX4 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.


FRA:WX4
72GF Score
Omega Healthcare Investors Inc FRA:WX4
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
=41.76/17.95
=2.33

* 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)
=15.643/333.9520*333.9520
=15.643

Current CPI (Jun. 2026) = 333.9520.

Omega Healthcare Investors Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.452 241.428 24.140
201612 18.650 241.432 25.797
201703 18.359 243.801 25.148
201706 17.276 244.955 23.553
201709 15.278 246.819 20.671
201712 15.148 246.524 20.520
201803 14.450 249.554 19.337
201806 15.064 251.989 19.964
201809 14.785 252.439 19.559
201812 14.963 251.233 19.890
201903 15.160 254.202 19.916
201906 15.575 256.143 20.306
201909 16.134 256.759 20.985
201912 16.423 256.974 21.343
202003 16.043 258.115 20.757
202006 15.535 257.797 20.124
202009 14.006 260.280 17.970
202012 13.659 260.474 17.512
202103 14.229 264.877 17.940
202106 14.017 271.696 17.229
202109 14.358 274.310 17.480
202112 14.463 278.802 17.324
202203 14.934 287.504 17.347
202206 15.118 296.311 17.038
202209 15.949 296.808 17.945
202212 14.545 296.797 16.366
202303 13.938 301.836 15.421
202306 13.880 305.109 15.192
202309 14.033 307.789 15.226
202312 13.364 306.746 14.549
202403 13.121 312.332 14.029
202406 13.571 314.175 14.425
202409 14.135 315.301 14.971
202412 15.522 315.605 16.424
202503 15.321 319.799 15.999
202506 14.753 322.561 15.274
202509 14.519 324.800 14.928
202512 14.972 324.054 15.429
202603 15.080 330.213 15.251
202606 15.643 333.952 15.643

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 2.33 mean?
Omega Healthcare Investors (FRA:WX4) has a Cyclically Adjusted PB Ratio of 2.33 as of Aug. 08, 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 11% 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 #503 out of 554 companies in the REITs industry, placing it in the top 90.8%.
Is Omega Healthcare Investors' Cyclically Adjusted PB Ratio too high?
Omega Healthcare Investors' current Cyclically Adjusted PB Ratio of 2.33 is 11% 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 0.81. Omega Healthcare Investors' value of 2.33 is 187.7% above this industry median. Based on the distribution chart, Omega Healthcare Investors ranks #503 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 72/100 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 #503 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 0.81. Omega Healthcare Investors' value of 2.33 is 187.7% 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 0.81, 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 0.81, 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 2.33 is 187.7% 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 0.81 — 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 2.33, which is 11% 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 (FRA:WX4) is currently considered Modestly Overvalued. The stock's GF Value™ is €34.60, compared to a current price of €41.76 — trading 20.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.33, which is 11% above median its 10-year median of 2.09 and 187.7% above the REITs industry median of 0.81. Omega Healthcare Investors' overall GF Score™ is 72/100 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 (FRA:WX4), the current Cyclically Adjusted PB Ratio is 2.33 as of Aug. 08, 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 (FRA:WX4) Overvalued in 2026?

Based on GuruFocus' analysis, Omega Healthcare Investors stock appears to be overvalued. The current stock price of €41.76 is trading 20.7% above its estimated GF Value™ of €34.60. GuruFocus considers Omega Healthcare Investors to be Modestly Overvalued.

Key valuation signals for FRA:WX4:

  • Cyclically Adjusted PB Ratio: 2.33 (11% above median its 10-year median of 2.09)
  • GF Value™: €34.60 vs. price of €41.76 (20.7% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 187.7% above the REITs median (#503 of 554)

No single metric tells the full story. See the FRA:WX4 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.
72GF Score

Get the complete analysis for FRA:WX4

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

€41.76
Price
€34.60
GF Value