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Reitmans (Canada) (Reitmans (Canada)) Cyclically Adjusted Book per Share : $4.23 (As of Jan. 2024)


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What is Reitmans (Canada) Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Reitmans (Canada)'s adjusted book value per share for the three months ended in Jan. 2024 was $4.217. 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 $4.23 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Reitmans (Canada)'s average Cyclically Adjusted Book Growth Rate was -2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -5.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Reitmans (Canada) was 8.70% per year. The lowest was -6.80% per year. And the median was 1.60% per year.

As of today (2024-04-30), Reitmans (Canada)'s current stock price is $1.76. Reitmans (Canada)'s Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $4.23. Reitmans (Canada)'s Cyclically Adjusted PB Ratio of today is 0.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Reitmans (Canada) was 1.50. The lowest was 0.01. And the median was 0.54.


Reitmans (Canada) Cyclically Adjusted Book per Share Historical Data

The historical data trend for Reitmans (Canada)'s Cyclically Adjusted Book per Share 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.

* Premium members only.

Reitmans (Canada) Cyclically Adjusted Book per Share Chart

Reitmans (Canada) Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.39 1.72 4.56 4.32 4.23

Reitmans (Canada) Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Book per Share 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 4.32 4.20 4.45 4.17 4.23

Competitive Comparison of Reitmans (Canada)'s Cyclically Adjusted Book per Share

For the Apparel Retail subindustry, Reitmans (Canada)'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.


Reitmans (Canada)'s Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Reitmans (Canada)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Reitmans (Canada)'s Cyclically Adjusted PB Ratio falls into.



Reitmans (Canada) Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Reitmans (Canada)'s adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=4.217/125.4675*125.4675
=4.217

Current CPI (Jan. 2024) = 125.4675.

Reitmans (Canada) Quarterly Data

Book Value per Share CPI Adj_Book
201404 5.757 98.920 7.302
201407 5.993 99.315 7.571
201410 5.852 99.473 7.381
201501 5.379 98.209 6.872
201504 5.100 99.710 6.417
201507 4.941 100.579 6.164
201510 4.755 100.500 5.936
201601 4.236 100.184 5.305
201604 4.331 101.370 5.361
201607 4.415 101.844 5.439
201610 4.487 102.002 5.519
201701 4.474 102.318 5.486
201704 4.345 103.029 5.291
201707 4.502 103.029 5.482
201710 4.375 103.424 5.307
201801 4.345 104.056 5.239
201804 4.246 105.320 5.058
201807 4.205 106.110 4.972
201810 4.310 105.952 5.104
201901 4.032 105.557 4.793
201904 3.854 107.453 4.500
201907 4.336 108.243 5.026
201910 3.908 107.927 4.543
202001 3.030 108.085 3.517
202004 1.721 107.216 2.014
202007 0.701 108.401 0.811
202010 0.491 108.638 0.567
202101 0.349 109.192 0.401
202104 0.358 110.851 0.405
202107 0.913 112.431 1.019
202110 1.362 113.695 1.503
202201 2.980 114.801 3.257
202204 2.966 118.357 3.144
202207 3.472 120.964 3.601
202210 3.503 121.517 3.617
202301 3.977 121.596 4.104
202304 3.935 123.571 3.995
202307 4.201 124.914 4.220
202310 4.161 125.310 4.166
202401 4.217 125.468 4.217

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Reitmans (Canada)  (OTCPK:RTMAF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Reitmans (Canada)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.76/4.23
=0.42

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Reitmans (Canada) was 1.50. The lowest was 0.01. And the median was 0.54.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Reitmans (Canada) Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Reitmans (Canada)'s Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Reitmans (Canada) (Reitmans (Canada)) Business Description

Traded in Other Exchanges
Address
155 Wellington Street West, 40th Floor, Toronto, ON, CAN, M5V 3J7
Reitmans (Canada) Ltd is an apparel retailer based in Canada. Its main business is the sale of ladies' specialty apparel to consumers. The product offering comprises Tops, Bottoms, Dresses, Coats and Jackets, Blazers, Lingerie and Sleepwear, among others. It also sells accessories such as Scarves, Bags, Belts, Sunglasses and others. The company operates an e-commerce website shopping for all its banners. Some of its revenue sources are from the sale of merchandise, customer loyalty award programs and sale of gift cards. The group offers its products through the retail banners of Reitmans, Penningtons and RW & CO. The Company's operating segments, operate in the women apparel business, in Canada.

Reitmans (Canada) (Reitmans (Canada)) Headlines

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