CareTrust REIT Inc.
NYSE: CTRE · REAL ESTATE · REIT - HEALTHCARE FACILITIES
Updated 2026-04-29
CareTrust REIT Inc. (CTRE) Stock Valuation Analysis
Fair value estimate, historical valuation range, and quality signals for CTRE.
Valued
Valuation reasonably reflects current fundamentals. Limited margin of safety at these levels.
CTRE historical valuation range
Where current P/E sits in CTRE's own 5Y range.
CTRE intrinsic value (DCF)
DCF-based fair value estimate vs current market price.
Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.
CTRE valuation signals
Quick-read green flags, caution flags, and risks based on current metrics.
P/E Ratio — History
Current: 24.81x
P/S Ratio — History
Current: 18.25x
Is CTRE overvalued in 2026?
CareTrust REIT Inc. (CTRE) currently trades at $38.95 per share with a market capitalization of $8,695,090,000.00. Based on our multi-factor framework, the stock trades at a fair valuation with a Smart Value Score of 60/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.
The stock trades at a P/E ratio of 24.8x, below its 5-year median of 28.7x. The PEG ratio of 1.26 points to a price that reasonably reflects expected earnings growth.
Looking at its own history, CTRE is currently trading cheaper than 80% of the last 5Y on P/E. This places it in the 20th percentile of its historical range, a level that has historically coincided with attractive entry points.
Our discounted cash flow model estimates CTRE's intrinsic value at $49.28 per share, against the current market price of $38.95. This implies a margin of safety of +20.07%. A meaningful cushion exists against model error, making this a reasonable risk-adjusted entry.
Financial quality is a concern. The Piotroski F-Score of 3/9 flags weakening fundamentals that deserve closer scrutiny before the valuation case can be fully trusted.
Bottom line: CTRE trades at a fair valuation on our framework, with a Smart Value Score of 60/100. The valuation is defensible but offers no obvious bargain. Patience or a better entry price may reward disciplined buyers.
Frequently asked questions
Is CTRE overvalued in 2026?
Based on a Smart Value Score of 60/100, CTRE is fairly valued. Price reasonably reflects current fundamentals with limited cushion in either direction.
What is CTRE's fair value?
Our DCF model estimates CTRE's intrinsic value at $49.28 per share, versus the current price of $38.95. This produces a margin of safety of +20.07%.
What P/E ratio does CTRE trade at?
CTRE trades at a P/E of 24.8x on trailing twelve-month earnings, compared to its 5-year median of 28.7x.
Is CTRE a buy based on valuation?
WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 60/100 reflects the combined read on growth, quality, and price. The profile is balanced. Best suited for investors with an existing thesis.
How does CTRE's valuation compare to its history?
On P/E, CTRE currently sits in the 20th percentile of its own 5Y range. That is historically cheap relative to where it has traded over the period.
What is CTRE's Smart Value Score?
CTRE's Smart Value Score is 60/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.