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Sabine Royalty TrustSBR -1.41%78 Cyclically Adjusted PB Ratio is 126.07 as of Aug. 05, 2026, which is 7% above its 10-year median of 117.81. GuruFocus rates SBR with a GF Scoreâ„¢ of 78/100 and a GF Valueâ„¢ of $49.67 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 763 Oil & Gas companies, Sabine Royalty Trust ranks worse than 99.61% on this metric.
The historical rank and industry rank for Sabine Royalty Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:
SBR'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 65.69 Med: 117.81 Max: 193.77
Current: 128.58
During the past years, Sabine Royalty Trust's highest Cyclically Adjusted PB Ratio was 193.77. The lowest was 65.69. And the median was 117.81.
SBR's Cyclically Adjusted PB Ratio is ranked worse than 99.61% of 763
companies
in the Oil & Gas industry
Industry Median: 1.2
vs SBR: 128.58
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.
Sabine Royalty Trust's adjusted book value per share data for the three months ended in Mar. 2026 was $0.473. 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 $0.57 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Sabine Royalty Trust (NYSE:SBR) 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.
Sabine Royalty Trust Cyclically Adjusted PB Ratio Related Terms
Sabine Royalty Trust Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Sabine Royalty 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.
Sabine Royalty Trust Cyclically Adjusted PB Ratio Chart
SBR vs TK, TEN, EE: Cyclically Adjusted PB Ratio Comparison
For the Oil & Gas Midstream subindustry, Sabine Royalty 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.
Sabine Royalty Trust Cyclically Adjusted PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Sabine Royalty Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Sabine Royalty Trust's Cyclically Adjusted PB Ratio falls into.
Sabine Royalty 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.
* 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.
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 126.07 mean?
Sabine Royalty Trust (SBR) has a Cyclically Adjusted PB Ratio of 126.07 as of Aug. 05, 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 Sabine Royalty Trust and its competitors. This is near median its historical median of 117.81. Over the past decade, Sabine Royalty Trust's Cyclically Adjusted PB Ratio has ranged from 65.69 to 193.77. According to the industry distribution chart, Sabine Royalty Trust ranks #760 out of 763 companies in the Oil & Gas industry, placing it in the top 99.6%.
Is Sabine Royalty Trust's Cyclically Adjusted PB Ratio too high?
Sabine Royalty Trust's current Cyclically Adjusted PB Ratio of 126.07 is near median its 10-year median of 117.81. Over the past 10 years, this metric has ranged from a low of 65.69 to a high of 193.77. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Sabine Royalty Trust's value of 126.07 is 10405.8% above this industry median. Based on the distribution chart, Sabine Royalty Trust ranks #760 out of 763 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Sabine Royalty Trust has a GF Scoreâ„¢ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sabine Royalty Trust's Cyclically Adjusted PB Ratio compare to TK and TEN?
According to the Oil & Gas industry distribution chart, Sabine Royalty Trust ranks #760 out of 763 companies for Cyclically Adjusted PB Ratio. This places Sabine Royalty Trust in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Sabine Royalty Trust's value of 126.07 is 10405.8% above this benchmark. Historically, Sabine Royalty Trust's own Cyclically Adjusted PB Ratio has ranged from 65.69 to 193.77 over the past decade. While the company's 10-year median is 117.81 vs. the industry median of 1.20, Sabine Royalty Trust 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.20, based on 763 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. Sabine Royalty Trust's current Cyclically Adjusted PB Ratio of 126.07 is 10405.8% 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 Sabine Royalty Trust and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sabine Royalty Trust's current Cyclically Adjusted PB Ratio is 126.07, which is near median its own 10-year median of 117.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sabine Royalty Trust stock overvalued right now?
Based on GuruFocus' analysis, Sabine Royalty Trust (SBR) is currently considered Significantly Overvalued. The stock's GF Value™ is $49.67, compared to a current price of $71.86 — trading 44.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 126.07, which is near median its 10-year median of 117.81 and 10405.8% above the Oil & Gas industry median of 1.20. Sabine Royalty Trust's overall GF Score™ is 78/100 with 8 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 Sabine Royalty Trust (SBR), the current Cyclically Adjusted PB Ratio is 126.07 as of Aug. 05, 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 Sabine Royalty Trust (SBR) Overvalued in 2026?
Based on GuruFocus' analysis, Sabine Royalty Trust stock appears to be overvalued.
The current stock price of $71.86 is trading 44.7% above its estimated GF Value™ of $49.67.
GuruFocus considers Sabine Royalty Trust to be Significantly Overvalued.
Key valuation signals for SBR:
Cyclically Adjusted PB Ratio: 126.07 (near median its 10-year median of 117.81)
GF Value™: $49.67 vs. price of $71.86 (44.7% above fair value)
Industry Position: 10405.8% above the Oil & Gas median (#760 of 763)
No single metric tells the full story. See the SBR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sabine Royalty Trust formed to receive Sabine Corporation's royalty and mineral interests, including landowner's royalties, overriding royalty interests, minerals production payments and any other similar, non-participatory interests, in certain Royalty Properties. The trusts producing and proved undeveloped oil and gas royalty properties are located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas.
78GF Score
Get the complete analysis for SBR
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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