CareTrust REIT (MEX:CTRE) Cyclically Adjusted PB Ratio: (As of Aug. 26, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:CTRE CareTrust REIT Inc MEX:CTRE
60 GF Score
Price MXN675.00
GF Value MXN663.26
Valuation Fairly Valued
! 5 Warning Signs
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What is CareTrust REIT Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


CareTrust REIT  (MEX:CTRE) 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.


CareTrust REIT Cyclically Adjusted PB Ratio Related Terms


CareTrust REIT Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CareTrust REIT'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.

CareTrust REIT Cyclically Adjusted PB Ratio Chart

CareTrust REIT 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 2.38 2.64 3.12

CareTrust REIT 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 2.77 3.05 3.12 3.04 3.24

MEX:CTRE vs AHR, HR, SBRA: Cyclically Adjusted PB Ratio Comparison

For the REIT - Healthcare Facilities subindustry, CareTrust REIT'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.


CareTrust REIT Cyclically Adjusted PB Ratio vs REITs Industry

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

* The bar in red indicates where CareTrust REIT's Cyclically Adjusted PB Ratio falls into.


MEX:CTRE
60GF Score
CareTrust REIT Inc MEX:CTRE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CareTrust REIT 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.

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

For example, CareTrust REIT'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)
=332/333.9520*333.9520
=332.000

Current CPI (Jun. 2026) = 333.9520.

CareTrust REIT Quarterly Data

Book Value per Share CPI Adj_Book
201609 121.479 241.428 168.034
201612 143.911 241.432 199.060
201703 144.705 243.801 198.213
201706 145.624 244.955 198.532
201709 145.687 246.819 197.118
201712 154.720 246.524 209.590
201803 142.866 249.554 191.183
201806 159.780 251.989 211.751
201809 161.584 252.439 213.760
201812 174.589 251.233 232.073
201903 177.972 254.202 233.807
201906 192.555 256.143 251.048
201909 191.618 256.759 249.227
201912 183.952 256.974 239.056
202003 227.049 258.115 293.758
202006 221.255 257.797 286.615
202009 211.372 260.280 271.201
202012 190.977 260.474 244.850
202103 197.090 264.877 248.487
202106 192.164 271.696 236.196
202109 195.935 274.310 238.536
202112 195.082 278.802 233.671
202203 174.288 287.504 202.445
202206 174.569 296.311 196.745
202209 169.423 296.808 190.625
202212 167.250 296.797 188.187
202303 152.846 301.836 169.109
202306 140.615 305.109 153.908
202309 167.523 307.789 181.763
202312 185.006 306.746 201.415
202403 196.023 312.332 209.592
202406 231.402 314.175 245.969
202409 278.710 315.301 295.197
202412 324.382 315.605 343.239
202503 319.111 319.799 333.234
202506 311.127 322.561 322.114
202509 328.939 324.800 338.208
202512 326.192 324.054 336.155
202603 328.890 330.213 332.614
202606 332.000 333.952 332.000

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.

Is CareTrust REIT (MEX:CTRE) Overvalued in 2026?

Based on GuruFocus' analysis, CareTrust REIT stock appears to be overvalued. The current stock price of MXN675.00 is trading 1.8% above its estimated GF Value™ of MXN663.26. GuruFocus considers CareTrust REIT to be Fairly Valued.

Key valuation signals for MEX:CTRE:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN663.26 vs. price of MXN675.00 (1.8% above fair value)
  • GF Score™: 60/100 with 5 warning signs

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


CareTrust REIT Business Description

Industry Real EstateREITs
Other Exchanges CTRE:USA7XC:Germany
Address 24901 Dana Point Harbor Dr, Suite A200, Dana Point, CA, USA, 92629
CareTrust REIT Inc is a self-administered, publicly traded REIT engaged in the ownership, acquisition, financing, development, and leasing of skilled nursing, seniors housing, and other healthcare-related properties. The company has one reportable segment consisting of investments in healthcare-related real estate assets. It generates revenues by leasing healthcare-related properties to healthcare operators under triple-net lease arrangements, in which the tenant is solely responsible for property-related costs. The company operates in Domestic and Foreign markets, with the majority of revenue coming from Domestic operations.
60GF Score

Get the complete analysis for MEX:CTRE

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

MXN675.00
Price
MXN663.26
GF Value