The last time Reitman's was this profitable on a "per share" basis one would have to go back to fiscal 2011 when it's earnings per share was $1.33. The company had $4.35 in net cash and its shares traded in the $17 range.
Today, on a twelve month trailing basis, the company has earnings per share adjusted for non cash gains of $1.258 and net cash of $1.37. In fiscal 2022 net income was $0.899.
You can pick up shares of Reitman for $3.60 with almost 40% of its market cap in cash.
Not a bad deal.