SRSCQ (Sears Canada) Cyclically Adjusted PB Ratio: (As of Jul. 17, 2026)

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What is Sears Canada Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sears Canada  (OTCPK:SRSCQ) 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.


Sears Canada Cyclically Adjusted PB Ratio Related Terms


Sears Canada Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sears 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.

Sears Canada Cyclically Adjusted PB Ratio Chart

Sears Canada Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Cyclically Adjusted PB Ratio
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Sears Canada Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 0.00 0.00 0.00 0.00 0.00

Sears Canada Cyclically Adjusted PB Ratio Competitor Comparison

For the Department Stores subindustry, Sears 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.


Sears Canada Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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



Sears 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.

Sears Canada's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2017 is calculated as:

For example, Sears Canada's adjusted Book Value per Share data for the three months ended in Apr. 2017 was:

Adj_Book=Book Value per Share/CPI of Apr. 2017 (Change)*Current CPI (Apr. 2017)
=0.581/103.0287*103.0287
=0.581

Current CPI (Apr. 2017) = 103.0287.

Sears Canada Quarterly Data

Book Value per Share CPI Adj_Book
200706 7.410 88.412 8.635
200709 8.638 88.412 10.066
200801 10.060 88.333 11.734
200804 11.150 89.676 12.810
200807 11.744 91.493 13.225
200810 11.061 90.466 12.597
200901 11.252 89.281 12.985
200904 11.191 89.992 12.812
200907 12.331 90.624 14.019
200910 13.505 90.545 15.367
201001 14.755 90.940 16.716
201004 15.290 91.651 17.188
201007 11.720 92.283 13.085
201010 8.704 92.757 9.668
201101 14.883 93.074 16.475
201104 14.819 94.654 16.130
201107 14.827 94.812 16.112
201110 13.524 95.444 14.599
201201 10.492 95.365 11.335
201204 11.617 96.550 12.397
201207 11.293 95.997 12.120
201210 11.384 96.550 12.148
201301 10.650 95.839 11.449
201304 10.071 96.945 10.703
201307 11.315 97.261 11.986
201310 10.903 97.182 11.559
201401 9.634 97.261 10.205
201404 8.885 98.920 9.254
201407 8.922 99.315 9.256
201410 7.244 99.473 7.503
201501 4.622 98.209 4.849
201504 4.025 99.710 4.159
201507 4.043 100.579 4.141
201510 3.543 100.500 3.632
201601 3.829 100.184 3.938
201604 3.579 101.370 3.638
201607 2.937 101.844 2.971
201610 2.043 102.002 2.064
201701 1.654 102.318 1.665
201704 0.581 103.029 0.581

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.


Sears Canada Business Description

Address 290 Yonge Street, Suite 700, Toronto, ON, CAN, M5B 2C3
Sears Canada Inc is in the sale of goods and services through the Company's Retail channels. It comprised of one reportable segment, Merchandising. Which includes its full-line department, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. stores, and its Direct (catalog/internet) channel. It also includes service revenue related primarily to logistics services provided through the Company. Commission revenue includes travel, home improvement services, insurance, wireless and long-distance plans. Licensee fee revenue is comprised of payments received from licensees that operate within the Company stores.