SSC Security Services (TSXV:SECU) Cyclically Adjusted PB Ratio: 1.02 (As of Aug. 04, 2026) — 73% Above Median

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TSXV:SECU SSC Security Services Corp TSXV:SECU
67 GF Score
Price C$4.40
GF Value C$3.04
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is SSC Security Services Cyclically Adjusted PB Ratio?

SSC Security Services TSXV:SECU 67 Cyclically Adjusted PB Ratio is 1.02 as of Aug. 04, 2026, which is 73% above its 10-year median of 0.59. GuruFocus rates TSXV:SECU with a GF Score™ of 67/100 and a GF Value™ of C$3.04 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 728 Business Services companies, SSC Security Services ranks better than 66.62% on this metric.

As of today (2026-08-04), SSC Security Services's current share price is C$4.40. SSC Security Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$4.31. SSC Security Services's Cyclically Adjusted PB Ratio for today is 1.02.

The historical rank and industry rank for SSC Security Services's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSXV:SECU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.59   Max: 1.02
Current: 1.02

During the past years, SSC Security Services's highest Cyclically Adjusted PB Ratio was 1.02. The lowest was 0.44. And the median was 0.59.

TSXV:SECU's Cyclically Adjusted PB Ratio is ranked better than
66.62% of 728 companies
in the Business Services industry
Industry Median: 1.555 vs TSXV:SECU: 1.02

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.

SSC Security Services's adjusted book value per share data for the three months ended in Mar. 2026 was C$3.309. 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 C$4.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SSC Security Services  (TSXV:SECU) 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.


SSC Security Services Cyclically Adjusted PB Ratio Related Terms


SSC Security Services Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SSC Security Services'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.

SSC Security Services Cyclically Adjusted PB Ratio Chart

SSC Security Services Annual Data
Trend Mar16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.75 0.61 0.55 0.60

SSC Security Services 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 0.53 0.56 0.60 0.56 0.46

TSXV:SECU vs ALLE, MSA, ADT: Cyclically Adjusted PB Ratio Comparison

For the Security & Protection Services subindustry, SSC Security Services'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.


SSC Security Services Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, SSC Security Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SSC Security Services's Cyclically Adjusted PB Ratio falls into.


TSXV:SECU
67GF Score
SSC Security Services Corp TSXV:SECU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SSC Security Services 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.

SSC Security Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.40/4.31
=1.02

* 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.

SSC Security Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, SSC Security Services'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)
=3.309/132.2623*132.2623
=3.309

Current CPI (Mar. 2026) = 132.2623.

SSC Security Services Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.262 102.002 5.526
201609 4.247 101.765 5.520
201612 4.231 101.449 5.516
201703 4.033 102.634 5.197
201706 3.839 103.029 4.928
201709 3.814 103.345 4.881
201712 3.788 103.345 4.848
201803 3.779 105.004 4.760
201806 3.758 105.557 4.709
201809 3.653 105.636 4.574
201812 3.606 105.399 4.525
201903 3.552 106.979 4.391
201906 3.488 107.690 4.284
201909 3.793 107.611 4.662
201912 3.730 107.769 4.578
202003 3.756 107.927 4.603
202006 4.033 108.401 4.921
202009 3.981 108.164 4.868
202012 3.999 108.559 4.872
202103 3.746 110.298 4.492
202106 3.781 111.720 4.476
202109 3.740 112.905 4.381
202112 3.701 113.774 4.302
202203 3.661 117.646 4.116
202206 3.675 120.806 4.024
202209 3.601 120.648 3.948
202212 3.593 120.964 3.929
202303 3.564 122.702 3.842
202306 3.536 124.203 3.765
202309 3.505 125.230 3.702
202312 3.485 125.072 3.685
202403 3.503 126.258 3.670
202406 3.481 127.522 3.610
202409 3.450 127.285 3.585
202412 3.420 127.364 3.552
202503 3.396 129.181 3.477
202506 3.377 129.892 3.439
202509 3.360 130.287 3.411
202512 3.330 130.366 3.378
202603 3.309 132.262 3.309

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 1.02 mean?
SSC Security Services (TSXV:SECU) has a Cyclically Adjusted PB Ratio of 1.02 as of Aug. 04, 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 SSC Security Services and its competitors. This is 73% above median its historical median of 0.59. Over the past decade, SSC Security Services' Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.02. According to the industry distribution chart, SSC Security Services ranks #243 out of 728 companies in the Business Services industry, placing it in the top 33.4%.
Is SSC Security Services' Cyclically Adjusted PB Ratio too high?
SSC Security Services' current Cyclically Adjusted PB Ratio of 1.02 is 73% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.02. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. SSC Security Services' value of 1.02 is 34.4% below this industry median. Based on the distribution chart, SSC Security Services ranks #243 out of 728 companies in the Business Services industry, which is above the industry midpoint. Overall, SSC Security Services has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSC Security Services' Cyclically Adjusted PB Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, SSC Security Services ranks #243 out of 728 companies for Cyclically Adjusted PB Ratio. This puts SSC Security Services in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. SSC Security Services' value of 1.02 is 34.4% below this benchmark. Historically, SSC Security Services' own Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.02 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.56, SSC Security Services 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 728 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. SSC Security Services's current Cyclically Adjusted PB Ratio of 1.02 is 34.4% 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 SSC Security Services and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSC Security Services's current Cyclically Adjusted PB Ratio is 1.02, which is 73% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSC Security Services stock overvalued right now?
Based on GuruFocus' analysis, SSC Security Services (TSXV:SECU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$3.04, compared to a current price of C$4.40 — trading 44.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.02, which is 73% above median its 10-year median of 0.59 and 34.4% below the Business Services industry median of 1.56. SSC Security Services' overall GF Score™ is 67/100 with 8 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 SSC Security Services (TSXV:SECU), the current Cyclically Adjusted PB Ratio is 1.02 as of Aug. 04, 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 SSC Security Services (TSXV:SECU) Overvalued in 2026?

Based on GuruFocus' analysis, SSC Security Services stock appears to be overvalued. The current stock price of C$4.40 is trading 44.7% above its estimated GF Value™ of C$3.04. GuruFocus considers SSC Security Services to be Significantly Overvalued.

Key valuation signals for TSXV:SECU:

  • Cyclically Adjusted PB Ratio: 1.02 (73% above median its 10-year median of 0.59)
  • GF Value™: C$3.04 vs. price of C$4.40 (44.7% above fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 34.4% below the Business Services median (#243 of 728)

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


SSC Security Services Business Description

Other Exchanges SECUF:USA
Address 1914 Hamilton Street, Suite 300, Regina, SK, CAN, S4P 3N6
SSC Security Services Corp is a provider of protective security services and cyber security services to corporate and public sector clients across Canada. The company operates through the Security, Legacy Operations, and Corporate segments, with the Security segment providing protective services, cyber security services, and security system design, sales, installation, monitoring, and alarm response, and generating the majority of revenue. Legacy Operations relate to the previous canola streaming business, while the Corporate segment includes intersegment charges and corporate overhead costs, and the Company provides security services for enterprise customers across Canada.
67GF Score

Get the complete analysis for TSXV:SECU

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

C$4.40
Price
C$3.04
GF Value