SIRZF (SIR Royaltyome Fund) Cyclically Adjusted PB Ratio: 1.37 (As of Jul. 26, 2026) — Near Median

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SIRZF SIR Royalty Income Fund SIRZF
51 GF Score
Price $10.89
GF Value $7.55
Valuation Significantly Overvalued
! 6 Warning Signs
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What is SIR Royaltyome Fund Cyclically Adjusted PB Ratio?

SIR Royaltyome Fund SIRZF 51 Cyclically Adjusted PB Ratio is 1.37 as of Jul. 26, 2026, which is 1% above its 10-year median of 1.35. GuruFocus rates SIRZF with a GF Score™ of 51/100 and a GF Value™ of $7.55 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 255 Restaurants companies, SIR Royaltyome Fund ranks better than 56.47% on this metric.

As of today (2026-07-26), SIR Royaltyome Fund's current share price is $10.8904. SIR Royaltyome Fund's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $7.94. SIR Royaltyome Fund's Cyclically Adjusted PB Ratio for today is 1.37.

The historical rank and industry rank for SIR Royaltyome Fund's Cyclically Adjusted PB Ratio or its related term are showing as below:

SIRZF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 1.35   Max: 1.65
Current: 1.47

During the past years, SIR Royaltyome Fund's highest Cyclically Adjusted PB Ratio was 1.65. The lowest was 0.13. And the median was 1.35.

SIRZF's Cyclically Adjusted PB Ratio is ranked better than
56.47% of 255 companies
in the Restaurants industry
Industry Median: 1.79 vs SIRZF: 1.47

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.

SIR Royaltyome Fund's adjusted book value per share data for the three months ended in Mar. 2026 was $7.402. 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 $7.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SIR Royaltyome Fund  (OTCPK:SIRZF) 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.


SIR Royaltyome Fund Cyclically Adjusted PB Ratio Related Terms


SIR Royaltyome Fund Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SIR Royaltyome Fund'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.

SIR Royaltyome Fund Cyclically Adjusted PB Ratio Chart

SIR Royaltyome Fund 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 1.10 1.66 1.51 1.24 1.37

SIR Royaltyome Fund 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 1.20 1.24 1.39 1.37 1.41

SIRZF vs MCD, SBUX, YUM: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, SIR Royaltyome Fund'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.


SIR Royaltyome Fund Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, SIR Royaltyome Fund's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SIR Royaltyome Fund's Cyclically Adjusted PB Ratio falls into.


SIRZF
51GF Score
SIR Royalty Income Fund SIRZF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SIR Royaltyome Fund 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.

SIR Royaltyome Fund's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.8904/7.94
=1.37

* 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.

SIR Royaltyome Fund's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, SIR Royaltyome Fund'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)
=7.402/132.2623*132.2623
=7.402

Current CPI (Mar. 2026) = 132.2623.

SIR Royaltyome Fund Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.104 102.002 10.508
201609 8.235 101.765 10.703
201612 8.076 101.449 10.529
201703 8.039 102.634 10.360
201706 8.116 103.029 10.419
201709 8.806 103.345 11.270
201712 8.446 103.345 10.809
201803 8.355 105.004 10.524
201806 8.181 105.557 10.251
201809 8.419 105.636 10.541
201812 7.688 105.399 9.647
201903 8.197 106.979 10.134
201906 8.424 107.690 10.346
201909 8.384 107.611 10.305
201912 8.060 107.769 9.892
202003 4.784 107.927 5.863
202006 5.093 108.401 6.214
202009 3.801 108.164 4.648
202012 3.980 108.559 4.849
202103 3.978 110.298 4.770
202106 4.212 111.720 4.986
202109 4.088 112.905 4.789
202112 3.972 113.774 4.617
202203 3.902 117.646 4.387
202206 6.580 120.806 7.204
202209 6.380 120.648 6.994
202212 6.703 120.964 7.329
202303 6.473 122.702 6.977
202306 6.862 124.203 7.307
202309 6.789 125.230 7.170
202312 7.607 125.072 8.044
202403 7.529 126.258 7.887
202406 7.561 127.522 7.842
202409 7.770 127.285 8.074
202412 7.371 127.364 7.654
202503 7.204 129.181 7.376
202506 7.666 129.892 7.806
202509 7.454 130.287 7.567
202512 7.472 130.366 7.581
202603 7.402 132.262 7.402

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 1.37 mean?
SIR Royaltyome Fund (SIRZF) has a Cyclically Adjusted PB Ratio of 1.37 as of Jul. 26, 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 SIR Royaltyome Fund and its competitors. This is near median its historical median of 1.35. Over the past decade, SIR Royaltyome Fund's Cyclically Adjusted PB Ratio has ranged from 0.13 to 1.65. According to the industry distribution chart, SIR Royaltyome Fund ranks #111 out of 255 companies in the Restaurants industry, placing it in the top 43.5%.
Is SIR Royaltyome Fund's Cyclically Adjusted PB Ratio too high?
SIR Royaltyome Fund's current Cyclically Adjusted PB Ratio of 1.37 is near median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.65. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.79. SIR Royaltyome Fund's value of 1.37 is 23.5% below this industry median. Based on the distribution chart, SIR Royaltyome Fund ranks #111 out of 255 companies in the Restaurants industry, which is above the industry midpoint. Overall, SIR Royaltyome Fund has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SIR Royaltyome Fund's Cyclically Adjusted PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, SIR Royaltyome Fund ranks #111 out of 255 companies for Cyclically Adjusted PB Ratio. This puts SIR Royaltyome Fund in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. SIR Royaltyome Fund's value of 1.37 is 23.5% below this benchmark. Historically, SIR Royaltyome Fund's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 1.65 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.79, SIR Royaltyome Fund has consistently been below 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 Restaurants company?
The median Cyclically Adjusted PB Ratio among Restaurants companies is 1.79, based on 255 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. SIR Royaltyome Fund's current Cyclically Adjusted PB Ratio of 1.37 is 23.5% below 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 SIR Royaltyome Fund and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SIR Royaltyome Fund's current Cyclically Adjusted PB Ratio is 1.37, which is near median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIR Royaltyome Fund stock overvalued right now?
Based on GuruFocus' analysis, SIR Royaltyome Fund (SIRZF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.55, compared to a current price of $10.89 — trading 44.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.37, which is near median its 10-year median of 1.35 and 23.5% below the Restaurants industry median of 1.79. SIR Royaltyome Fund's overall GF Score™ is 51/100 with 6 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 SIR Royaltyome Fund (SIRZF), the current Cyclically Adjusted PB Ratio is 1.37 as of Jul. 26, 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 SIR Royaltyome Fund (SIRZF) Overvalued in 2026?

Based on GuruFocus' analysis, SIR Royaltyome Fund stock appears to be overvalued. The current stock price of $10.89 is trading 44.2% above its estimated GF Value™ of $7.55. GuruFocus considers SIR Royaltyome Fund to be Significantly Overvalued.

Key valuation signals for SIRZF:

  • Cyclically Adjusted PB Ratio: 1.37 (near median its 10-year median of 1.35)
  • GF Value™: $7.55 vs. price of $10.89 (44.2% above fair value)
  • GF Score™: 51/100 with 6 warning signs
  • Industry Position: 23.5% below the Restaurants median (#111 of 255)

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


SIR Royaltyome Fund Business Description

Other Exchanges SRV.UN:Canada
Address 5360 South Service Road, Suite 200, Burlington, ON, CAN, L7L 5L1
SIR Royalty Income Fund holds an investment in SIR (Service Inspired Restaurant) Corp, which is a privately held corporation that owns and operates a diverse portfolio of restaurants in Canada. It has concept restaurant brands, including Jack Astor's Bar and Grill, Scaddabush Italian Kitchen & Bar, and SIR's signature restaurant brands, including Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose. The fund receives distribution income from its investment in the partnership and interest income from the SIR Loan. It generates revenue through the license and royalty agreement from its investments in partnerships.
51GF Score

Get the complete analysis for SIRZF

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

$10.89
Price
$7.55
GF Value