SBRA (Sabra Health Care REIT) Cyclically Adjusted PB Ratio: 1.22 (As of Jul. 22, 2026) — 39% Above Median

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SBRA Sabra Health Care REIT Inc SBRA
80 GF Score
Price $22.03
GF Value $19.55
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Sabra Health Care REIT Cyclically Adjusted PB Ratio?

Sabra Health Care REIT SBRA 80 Cyclically Adjusted PB Ratio is 1.22 as of Jul. 22, 2026, which is 39% above its 10-year median of 0.88. GuruFocus rates SBRA with a GF Scoreâ„¢ of 80/100 and a GF Valueâ„¢ of $19.55 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 557 REITs companies, Sabra Health Care REIT ranks worse than 66.97% on this metric.

As of today (2026-07-22), Sabra Health Care REIT's current share price is $22.03. Sabra Health Care REIT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $18.12. Sabra Health Care REIT's Cyclically Adjusted PB Ratio for today is 1.22.

The historical rank and industry rank for Sabra Health Care REIT's Cyclically Adjusted PB Ratio or its related term are showing as below:

SBRA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.88   Max: 1.22
Current: 1.22

During the past years, Sabra Health Care REIT's highest Cyclically Adjusted PB Ratio was 1.22. The lowest was 0.56. And the median was 0.88.

SBRA's Cyclically Adjusted PB Ratio is ranked worse than
66.97% of 557 companies
in the REITs industry
Industry Median: 0.83 vs SBRA: 1.22

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.

Sabra Health Care REIT's adjusted book value per share data for the three months ended in Mar. 2026 was $11.047. 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 $18.12 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sabra Health Care REIT  (NAS:SBRA) 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.


Sabra Health Care REIT Cyclically Adjusted PB Ratio Related Terms


Sabra Health Care REIT Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sabra Health Care 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.

Sabra Health Care REIT Cyclically Adjusted PB Ratio Chart

Sabra Health Care 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 0.80 0.68 0.76 0.93 1.05

Sabra Health Care REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.94 1.00 1.02 1.05 1.06

SBRA vs NHI, HR, MPT: Cyclically Adjusted PB Ratio Comparison

For the REIT - Healthcare Facilities subindustry, Sabra Health Care 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.


Sabra Health Care REIT Cyclically Adjusted PB Ratio vs REITs Industry

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

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


SBRA
80GF Score
Sabra Health Care REIT Inc SBRA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sabra Health Care 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.

Sabra Health Care REIT's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.03/18.12
=1.22

* 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.

Sabra Health Care REIT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sabra Health Care REIT's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=11.047/330.2130*330.2130
=11.047

Current CPI (Mar. 2026) = 330.2130.

Sabra Health Care REIT Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.574 241.018 21.338
201609 15.535 241.428 21.248
201612 15.555 241.432 21.275
201703 15.354 243.801 20.796
201706 15.233 244.955 20.535
201709 19.161 246.819 25.635
201712 19.257 246.524 25.794
201803 19.195 249.554 25.399
201806 19.091 251.989 25.017
201809 18.863 252.439 24.675
201812 18.229 251.233 23.960
201903 17.075 254.202 22.181
201906 17.181 256.143 22.149
201909 16.946 256.759 21.794
201912 17.000 256.974 21.845
202003 16.517 258.115 21.131
202006 16.352 257.797 20.945
202009 16.259 260.280 20.628
202012 16.191 260.474 20.526
202103 16.225 264.877 20.227
202106 15.320 271.696 18.620
202109 15.073 274.310 18.145
202112 14.668 278.802 17.373
202203 14.555 287.504 16.717
202206 14.364 296.311 16.007
202209 13.892 296.808 15.456
202212 13.231 296.797 14.721
202303 12.873 301.836 14.083
202306 12.731 305.109 13.778
202309 12.407 307.789 13.311
202312 12.118 306.746 13.045
202403 11.954 312.332 12.638
202406 11.790 314.175 12.392
202409 11.602 315.301 12.151
202412 11.538 315.605 12.072
202503 11.357 319.799 11.727
202506 11.308 322.561 11.576
202509 11.329 324.800 11.518
202512 11.211 324.054 11.424
202603 11.047 330.213 11.047

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 1.22 mean?
Sabra Health Care REIT (SBRA) has a Cyclically Adjusted PB Ratio of 1.22 as of Jul. 22, 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 Sabra Health Care REIT and its competitors. This is 39% above median its historical median of 0.88. Over the past decade, Sabra Health Care REIT's Cyclically Adjusted PB Ratio has ranged from 0.56 to 1.22. According to the industry distribution chart, Sabra Health Care REIT ranks #373 out of 557 companies in the REITs industry, placing it in the top 67%.
Is Sabra Health Care REIT's Cyclically Adjusted PB Ratio too high?
Sabra Health Care REIT's current Cyclically Adjusted PB Ratio of 1.22 is 39% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.22. The REITs industry median Cyclically Adjusted PB Ratio is 0.83. Sabra Health Care REIT's value of 1.22 is 47% above this industry median. Based on the distribution chart, Sabra Health Care REIT ranks #373 out of 557 companies in the REITs industry, which is below the industry midpoint. Overall, Sabra Health Care REIT has a GF Scoreâ„¢ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sabra Health Care REIT's Cyclically Adjusted PB Ratio compare to NHI and HR?
According to the REITs industry distribution chart, Sabra Health Care REIT ranks #373 out of 557 companies for Cyclically Adjusted PB Ratio. This places Sabra Health Care REIT in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.83. Sabra Health Care REIT's value of 1.22 is 47% above this benchmark. Historically, Sabra Health Care REIT's own Cyclically Adjusted PB Ratio has ranged from 0.56 to 1.22 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.83, Sabra Health Care REIT 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 0.83, based on 557 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. Sabra Health Care REIT's current Cyclically Adjusted PB Ratio of 1.22 is 47% 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 Sabra Health Care REIT and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sabra Health Care REIT's current Cyclically Adjusted PB Ratio is 1.22, which is 39% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sabra Health Care REIT stock overvalued right now?
Based on GuruFocus' analysis, Sabra Health Care REIT (SBRA) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.55, compared to a current price of $22.03 — trading 12.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.22, which is 39% above median its 10-year median of 0.88 and 47% above the REITs industry median of 0.83. Sabra Health Care REIT's overall GF Score™ is 80/100 with 11 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 Sabra Health Care REIT (SBRA), the current Cyclically Adjusted PB Ratio is 1.22 as of Jul. 22, 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 Sabra Health Care REIT (SBRA) Overvalued in 2026?

Based on GuruFocus' analysis, Sabra Health Care REIT stock appears to be overvalued. The current stock price of $22.03 is trading 12.7% above its estimated GF Value™ of $19.55. GuruFocus considers Sabra Health Care REIT to be Modestly Overvalued.

Key valuation signals for SBRA:

  • Cyclically Adjusted PB Ratio: 1.22 (39% above median its 10-year median of 0.88)
  • GF Value™: $19.55 vs. price of $22.03 (12.7% above fair value)
  • GF Score™: 80/100 with 11 warning signs
  • Industry Position: 47% above the REITs median (#373 of 557)

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


Sabra Health Care REIT Business Description

Industry Real EstateREITs
Other Exchanges SBC:Germany
Address 1781 Flight Way, Tustin, CA, USA, 92782
Sabra Health Care REIT Inc is a healthcare facility real estate investment trust. The company operates one segment that owns and invests in healthcare real estate. All of the company's revenue is generated in the United States. Sabra's operations consist of nursing facilities, assisted living centers, and mental health facilities.
80GF Score

Get the complete analysis for SBRA

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

$22.03
Price
$19.55
GF Value