SRG (Seritage Growth Properties) Cyclically Adjusted PS Ratio: 0.57 (As of Aug. 07, 2026) — 11% Below Median

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SRG Seritage Growth Properties SRG
62 GF Score
Price $2.43
GF Value $2.72
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Seritage Growth Properties Cyclically Adjusted PS Ratio?

Seritage Growth Properties SRG +0.62% 62 Cyclically Adjusted PS Ratio is 0.57 as of Aug. 07, 2026, which is 11% below its 10-year median of 0.64. GuruFocus rates SRG with a GF Score™ of 62/100 and a GF Value™ of $2.72 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,360 Real Estate companies, Seritage Growth Properties ranks better than 77.35% on this metric.

As of today (2026-08-07), Seritage Growth Properties's current share price is $2.425. Seritage Growth Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $4.24. Seritage Growth Properties's Cyclically Adjusted PS Ratio for today is 0.57.

The historical rank and industry rank for Seritage Growth Properties's Cyclically Adjusted PS Ratio or its related term are showing as below:

SRG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.64   Max: 0.91
Current: 0.57

During the past years, Seritage Growth Properties's highest Cyclically Adjusted PS Ratio was 0.91. The lowest was 0.53. And the median was 0.64.

SRG's Cyclically Adjusted PS Ratio is ranked better than
77.35% of 1360 companies
in the Real Estate industry
Industry Median: 1.82 vs SRG: 0.57

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Seritage Growth Properties's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.036. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $4.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seritage Growth Properties  (NYSE:SRG) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Seritage Growth Properties Cyclically Adjusted PS Ratio Related Terms


Seritage Growth Properties Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Seritage Growth Properties's Cyclically Adjusted PS 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.

Seritage Growth Properties Cyclically Adjusted PS Ratio Chart

Seritage Growth Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.73

Seritage Growth Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 0.65 0.63 0.90 0.73 0.66

SRG vs CNXX, STHO, RFL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Seritage Growth Properties's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Seritage Growth Properties Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Seritage Growth Properties's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Seritage Growth Properties's Cyclically Adjusted PS Ratio falls into.


SRG
62GF Score
Seritage Growth Properties SRG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seritage Growth Properties Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Seritage Growth Properties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.425/4.24
=0.57

* 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.

Seritage Growth Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Seritage Growth Properties's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.036/330.2130*330.2130
=0.036

Current CPI (Mar. 2026) = 330.2130.

Seritage Growth Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.971 241.018 2.700
201609 1.834 241.428 2.508
201612 2.107 241.432 2.882
201703 1.952 243.801 2.644
201706 1.715 244.955 2.312
201709 1.893 246.819 2.533
201712 1.571 246.524 2.104
201803 1.515 249.554 2.005
201806 1.389 251.989 1.820
201809 1.590 252.439 2.080
201812 1.547 251.233 2.033
201903 1.230 254.202 1.598
201906 1.116 256.143 1.439
201909 1.293 256.759 1.663
201912 0.994 256.974 1.277
202003 0.895 258.115 1.145
202006 0.565 257.797 0.724
202009 0.872 260.280 1.106
202012 0.715 260.474 0.906
202103 0.792 264.877 0.987
202106 0.652 271.696 0.792
202109 0.665 274.310 0.801
202112 0.654 278.802 0.775
202203 0.708 287.504 0.813
202206 0.680 296.311 0.758
202209 0.425 296.808 0.473
202212 0.409 296.797 0.455
202303 0.012 301.836 0.013
202306 0.105 305.109 0.114
202309 0.090 307.789 0.097
202312 0.163 306.746 0.175
202403 0.103 312.332 0.109
202406 0.075 314.175 0.079
202409 0.058 315.301 0.061
202412 0.078 315.605 0.082
202503 0.082 319.799 0.085
202506 0.083 322.561 0.085
202509 0.085 324.800 0.086
202512 0.074 324.054 0.075
202603 0.036 330.213 0.036

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.57 mean?
Seritage Growth Properties (SRG) has a Cyclically Adjusted PS Ratio of 0.57 as of Aug. 07, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Seritage Growth Properties and its competitors. This is 11% below median its historical median of 0.64. Over the past decade, Seritage Growth Properties' Cyclically Adjusted PS Ratio has ranged from 0.53 to 0.91. According to the industry distribution chart, Seritage Growth Properties ranks #308 out of 1360 companies in the Real Estate industry, placing it in the top 22.6%.
Is Seritage Growth Properties' Cyclically Adjusted PS Ratio too high?
Seritage Growth Properties' current Cyclically Adjusted PS Ratio of 0.57 is 11% below median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 0.91. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.82. Seritage Growth Properties' value of 0.57 is 68.7% below this industry median. Based on the distribution chart, Seritage Growth Properties ranks #308 out of 1360 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Seritage Growth Properties has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Seritage Growth Properties' Cyclically Adjusted PS Ratio compare to CNXX and STHO?
According to the Real Estate industry distribution chart, Seritage Growth Properties ranks #308 out of 1360 companies for Cyclically Adjusted PS Ratio. This places Seritage Growth Properties in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.82. Seritage Growth Properties' value of 0.57 is 68.7% below this benchmark. Historically, Seritage Growth Properties' own Cyclically Adjusted PS Ratio has ranged from 0.53 to 0.91 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 1.82, Seritage Growth Properties 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 PS Ratio for a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.82, based on 1,360 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Seritage Growth Properties's current Cyclically Adjusted PS Ratio of 0.57 is 68.7% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Seritage Growth Properties and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seritage Growth Properties's current Cyclically Adjusted PS Ratio is 0.57, which is 11% below median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seritage Growth Properties stock overvalued right now?
Based on GuruFocus' analysis, Seritage Growth Properties (SRG) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.72, compared to a current price of $2.43 — trading 10.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.57, which is 11% below median its 10-year median of 0.64 and 68.7% below the Real Estate industry median of 1.82. Seritage Growth Properties' overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Seritage Growth Properties (SRG), the current Cyclically Adjusted PS Ratio is 0.57 as of Aug. 07, 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 Seritage Growth Properties (SRG) Overvalued in 2026?

Based on GuruFocus' analysis, Seritage Growth Properties stock appears to be undervalued. The current stock price of $2.43 is trading 10.8% below its estimated GF Value™ of $2.72. GuruFocus considers Seritage Growth Properties to be Modestly Undervalued.

Key valuation signals for SRG:

  • Cyclically Adjusted PS Ratio: 0.57 (11% below median its 10-year median of 0.64)
  • GF Value™: $2.72 vs. price of $2.43 (10.8% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 68.7% below the Real Estate median (#308 of 1360)

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


Seritage Growth Properties Business Description

Other Exchanges SRGpA.PFD:USA1D3:Germany
Address 500 Fifth Avenue, Suite 1530, New York, NY, USA, 10110
Seritage Growth Properties is principally engaged in the ownership, development, redevelopment, management, sale, and leasing of diversified retail and mixed-use properties throughout the United States.
62GF Score

Get the complete analysis for SRG

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

$2.43
Price
$2.72
GF Value