SBR (Sabine Royalty Trust) Cyclically Adjusted PS Ratio: 14.12 (As of Jul. 28, 2026) — 17% Above Median

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SBR Sabine Royalty Trust SBR
75 GF Score
Price $72.85
GF Value $49.85
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Sabine Royalty Trust Cyclically Adjusted PS Ratio?

Sabine Royalty Trust SBR -1.29% 75 Cyclically Adjusted PS Ratio is 14.12 as of Jul. 28, 2026, which is 17% above its 10-year median of 12.12. GuruFocus rates SBR with a GF Score™ of 75/100 and a GF Value™ of $49.85 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 708 Oil & Gas companies, Sabine Royalty Trust ranks worse than 97.18% on this metric.

As of today (2026-07-28), Sabine Royalty Trust's current share price is $72.85. Sabine Royalty Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $5.16. Sabine Royalty Trust's Cyclically Adjusted PS Ratio for today is 14.12.

The historical rank and industry rank for Sabine Royalty Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

SBR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.76   Med: 12.12   Max: 21.04
Current: 14.13

During the past years, Sabine Royalty Trust's highest Cyclically Adjusted PS Ratio was 21.04. The lowest was 6.76. And the median was 12.12.

SBR's Cyclically Adjusted PS Ratio is ranked worse than
97.18% of 708 companies
in the Oil & Gas industry
Industry Median: 1.055 vs SBR: 14.13

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Sabine Royalty Trust's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.973. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $5.16 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 PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Sabine Royalty Trust Cyclically Adjusted PS Ratio Related Terms


Sabine Royalty Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sabine Royalty Trust's Cyclically Adjusted PS 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 PS Ratio Chart

Sabine Royalty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.96 19.27 14.51 13.44 13.64

Sabine Royalty Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 13.87 13.46 15.78 13.64 14.61

SBR vs TK, TEN, EE: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Midstream subindustry, Sabine Royalty Trust's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sabine Royalty Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sabine Royalty Trust's Cyclically Adjusted PS Ratio falls into.


SBR
75GF Score
Sabine Royalty Trust SBR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sabine Royalty Trust Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Sabine Royalty Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=72.85/5.16
=14.12

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sabine Royalty Trust's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.973/330.2130*330.2130
=0.973

Current CPI (Mar. 2026) = 330.2130.

Sabine Royalty Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.446 241.018 0.611
201609 0.620 241.428 0.848
201612 0.515 241.432 0.704
201703 0.719 243.801 0.974
201706 0.588 244.955 0.793
201709 0.624 246.819 0.835
201712 0.618 246.524 0.828
201803 0.737 249.554 0.975
201806 0.901 251.989 1.181
201809 0.813 252.439 1.063
201812 1.141 251.233 1.500
201903 0.939 254.202 1.220
201906 0.717 256.143 0.924
201909 0.762 256.759 0.980
201912 0.787 256.974 1.011
202003 0.774 258.115 0.990
202006 0.682 257.797 0.874
202009 0.566 260.280 0.718
202012 0.471 260.474 0.597
202103 0.668 264.877 0.833
202106 0.888 271.696 1.079
202109 0.994 274.310 1.197
202112 1.627 278.802 1.927
202203 1.641 287.504 1.885
202206 1.922 296.311 2.142
202209 2.740 296.808 3.048
202212 2.321 296.797 2.582
202303 1.861 301.836 2.036
202306 1.196 305.109 1.294
202309 0.985 307.789 1.057
202312 2.337 306.746 2.516
202403 1.424 312.332 1.506
202406 1.551 314.175 1.630
202409 1.357 315.301 1.421
202412 1.332 315.605 1.394
202503 1.330 319.799 1.373
202506 1.275 322.561 1.305
202509 1.751 324.800 1.780
202512 0.930 324.054 0.948
202603 0.973 330.213 0.973

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 14.12 mean?
Sabine Royalty Trust (SBR) has a Cyclically Adjusted PS Ratio of 14.12 as of Jul. 28, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Sabine Royalty Trust and its competitors. This is 17% above median its historical median of 12.12. Over the past decade, Sabine Royalty Trust's Cyclically Adjusted PS Ratio has ranged from 6.76 to 21.04. According to the industry distribution chart, Sabine Royalty Trust ranks #688 out of 708 companies in the Oil & Gas industry, placing it in the top 97.2%.
Is Sabine Royalty Trust's Cyclically Adjusted PS Ratio too high?
Sabine Royalty Trust's current Cyclically Adjusted PS Ratio of 14.12 is 17% above median its 10-year median of 12.12. Over the past 10 years, this metric has ranged from a low of 6.76 to a high of 21.04. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. Sabine Royalty Trust's value of 14.12 is 1238.4% above this industry median. Based on the distribution chart, Sabine Royalty Trust ranks #688 out of 708 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Sabine Royalty Trust has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sabine Royalty Trust's Cyclically Adjusted PS Ratio compare to TK and TEN?
According to the Oil & Gas industry distribution chart, Sabine Royalty Trust ranks #688 out of 708 companies for Cyclically Adjusted PS Ratio. This places Sabine Royalty Trust in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. Sabine Royalty Trust's value of 14.12 is 1238.4% above this benchmark. Historically, Sabine Royalty Trust's own Cyclically Adjusted PS Ratio has ranged from 6.76 to 21.04 over the past decade. While the company's 10-year median is 12.12 vs. the industry median of 1.06, 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 PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.06, based on 708 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS 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 PS Ratio of 14.12 is 1238.4% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue 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 PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sabine Royalty Trust's current Cyclically Adjusted PS Ratio is 14.12, which is 17% above median its own 10-year median of 12.12. 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 $49.85, compared to a current price of $72.85 — trading 46.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 14.12, which is 17% above median its 10-year median of 12.12 and 1238.4% above the Oil & Gas industry median of 1.06. Sabine Royalty Trust's overall GF Score™ is 75/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Sabine Royalty Trust (SBR), the current Cyclically Adjusted PS Ratio is 14.12 as of Jul. 28, 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 $72.85 is trading 46.1% above its estimated GF Value™ of $49.85. GuruFocus considers Sabine Royalty Trust to be Significantly Overvalued.

Key valuation signals for SBR:

  • Cyclically Adjusted PS Ratio: 14.12 (17% above median its 10-year median of 12.12)
  • GF Value™: $49.85 vs. price of $72.85 (46.1% above fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 1238.4% above the Oil & Gas median (#688 of 708)

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 Business Description

Industry EnergyOil & Gas
Address Argent Trust Company, 3838 Oak Lawn Avenue, Suite 1720, Dallas, TX, USA, 75219
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.
75GF Score

Get the complete analysis for SBR

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

$72.85
Price
$49.85
GF Value