Reitmans (Canada) (FRA:CX40) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:CX40 Reitmans (Canada) Ltd FRA:CX40
67 GF Score
Price €1.29
GF Value €1.47
! 4 Warning Signs
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What is Reitmans (Canada) Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Reitmans (Canada)  (FRA:CX40) 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.


Reitmans (Canada) Cyclically Adjusted PB Ratio Related Terms


Reitmans (Canada) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Reitmans (Canada)'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.

Reitmans (Canada) Cyclically Adjusted PB Ratio Chart

Reitmans (Canada) Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.79 0.51 0.48 0.40

Reitmans (Canada) Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 0.35 0.36 0.41 0.36 0.37

FRA:CX40 vs TJX, ROST, BURL: Cyclically Adjusted PB Ratio Comparison

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) Cyclically Adjusted PB Ratio vs 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.


FRA:CX40
67GF Score
Reitmans (Canada) Ltd FRA:CX40
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reitmans (Canada) 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.

Reitmans (Canada)'s Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 is calculated as:

For example, Reitmans (Canada)'s adjusted Book Value per Share data for the three months ended in Jul. 2026 was:

Adj_Book=Book Value per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=3.643/134.2375*134.2375
=3.643

Current CPI (Jul. 2026) = 134.2375.

Reitmans (Canada) Quarterly Data

Book Value per Share CPI Adj_Book
201610 4.047 102.002 5.326
201701 4.186 102.318 5.492
201704 3.930 103.029 5.120
201707 3.880 103.029 5.055
201710 3.672 103.424 4.766
201801 3.533 104.056 4.558
201804 3.491 105.320 4.450
201807 3.625 106.110 4.586
201810 3.767 105.952 4.773
201901 3.558 105.557 4.525
201904 3.420 107.453 4.272
201907 3.886 108.243 4.819
201910 3.515 107.927 4.372
202001 2.706 108.085 3.361
202004 1.589 107.216 1.989
202007 0.598 108.401 0.741
202010 0.418 108.638 0.516
202101 0.286 109.192 0.352
202104 0.302 110.851 0.366
202107 0.773 112.431 0.923
202110 1.181 113.695 1.394
202201 2.639 114.801 3.086
202204 2.778 118.357 3.151
202207 3.438 120.964 3.815
202210 3.557 121.517 3.929
202301 3.683 121.596 4.066
202304 3.544 123.571 3.850
202307 3.824 124.914 4.109
202310 3.888 125.310 4.165
202401 3.900 125.072 4.186
202404 3.839 126.890 4.061
202407 3.952 128.075 4.142
202410 3.961 127.838 4.159
202501 3.972 127.443 4.184
202504 3.608 129.102 3.752
202507 3.667 130.290 3.778
202510 3.618 130.603 3.719
202601 3.534 130.366 3.639
202604 3.513 132.736 3.553
202607 3.643 134.238 3.643

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.

Is Reitmans (Canada) (FRA:CX40) Overvalued in 2026?

Based on GuruFocus' analysis, Reitmans (Canada) stock appears to be undervalued. The current stock price of €1.29 is trading 12.2% below its estimated GF Value™ of €1.47.

Key valuation signals for FRA:CX40:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €1.47 vs. price of €1.29 (12.2% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the FRA:CX40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Reitmans (Canada) Business Description

Address 155 Wellington Street West, 40th Floor, Toronto, ON, CAN, M5V 3J7
Reitmans (Canada) Ltd is engaged in the sale of women's specialty apparel to consumers through its retail banners. Its product offering comprises tops, bottoms, dresses, coats, jackets, blazers, lingerie, scarves, bags, belts, and sleepwear, among others. The company's stores are mainly located in malls and retail power centres across Canada, while also offering an e-commerce website shopping for all of its banners. Reitmans (Canada) currently operates under the following banners: Reitmans, PENN. Penningtons, and RW&CO.
67GF Score

Get the complete analysis for FRA:CX40

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

€1.29
Price
€1.47
GF Value