CASY (Casey's General Stores) Cyclically Adjusted Book per Share: $68.32 (As of Apr. 2026)


CASY Casey's General Stores Inc CASY
84 GF Score
Price $778.91
GF Value $480.72
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Casey's General Stores Cyclically Adjusted Book per Share?

Casey's General Stores CASY -0.85% 84 Cyclically Adjusted Book per Share is $68.32 as of Apr. 2026. GuruFocus rates CASY with a GF Score™ of 84/100 and a GF Value™ of $480.72 (Significantly Overvalued). The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Casey's General Stores's adjusted book value per share for the three months ended in Apr. 2026 was $107.081. 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 $68.32 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Casey's General Stores's average Cyclically Adjusted Book Growth Rate was 15.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 15.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Casey's General Stores was 19.50% per year. The lowest was 5.40% per year. And the median was 11.35% per year.

As of today (2026-06-27), Casey's General Stores's current stock price is $778.91. Casey's General Stores's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was $68.32. Casey's General Stores's Cyclically Adjusted PB Ratio of today is 11.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Casey's General Stores was 13.10. The lowest was 4.56. And the median was 6.15.


Casey's General Stores  (NAS:CASY) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Casey's General Stores's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=778.91/68.32
=11.40

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Casey's General Stores was 13.10. The lowest was 4.56. And the median was 6.15.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Casey's General Stores Cyclically Adjusted Book per Share Related Terms


Casey's General Stores Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Casey's General Stores's Cyclically Adjusted Book per Share 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.

Casey's General Stores Cyclically Adjusted Book per Share Chart

Casey's General Stores Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.87 44.68 51.75 59.22 68.32

Casey's General Stores Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted Book per Share 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 59.22 61.27 63.28 65.06 68.32

CASY vs WSM, ULTA, DKS: Cyclically Adjusted Book per Share Comparison

For the Specialty Retail subindustry, Casey's General Stores'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.


Casey's General Stores Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

* The bar in red indicates where Casey's General Stores's Cyclically Adjusted PB Ratio falls into.


CASY
84GF Score
Casey's General Stores Inc CASY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Casey's General Stores Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Casey's General Stores's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=107.081/333.0200*333.0200
=107.081

Current CPI (Apr. 2026) = 333.0200.

Casey's General Stores Quarterly Data

Book Value per Share CPI Adj_Book
201607 29.315 240.628 40.571
201610 30.604 241.729 42.162
201701 31.009 242.839 42.525
201704 30.713 244.524 41.828
201707 30.608 244.786 41.641
201710 30.690 246.663 41.435
201801 35.429 247.867 47.600
201804 34.473 250.546 45.821
201807 35.490 252.006 46.899
201810 37.075 252.885 48.823
201901 37.970 251.712 50.235
201904 38.423 255.548 50.071
201907 40.486 256.571 52.549
201910 42.451 257.346 54.934
202001 43.175 257.971 55.735
202004 44.645 256.389 57.989
202007 47.450 259.101 60.987
202010 50.353 260.388 64.398
202101 51.251 261.582 65.248
202104 52.305 267.054 65.225
202107 54.732 273.003 66.764
202110 57.213 276.589 68.886
202201 58.894 281.148 69.760
202204 60.380 289.109 69.551
202207 63.894 296.276 71.818
202210 67.442 298.012 75.365
202301 70.243 299.170 78.191
202304 71.402 303.363 78.382
202307 74.499 305.691 81.159
202310 77.962 307.671 84.385
202401 79.539 308.417 85.884
202404 81.479 313.548 86.539
202407 85.229 314.540 90.236
202410 89.917 315.664 94.861
202501 92.066 317.671 96.514
202504 94.525 320.795 98.127
202507 97.918 323.048 100.941
202510 102.614 0.000
202601 104.171 325.252 106.659
202604 107.081 333.020 107.081

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $68.32 mean?
Casey's General Stores (CASY) has a Cyclically Adjusted Book per Share of $68.32 as of Apr. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Casey's General Stores and its competitors.
Is Casey's General Stores' Cyclically Adjusted Book per Share too high?
Casey's General Stores' current Cyclically Adjusted Book per Share is $68.32. Overall, Casey's General Stores has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Casey's General Stores' Cyclically Adjusted Book per Share compare to WSM and ULTA?
Casey's General Stores' Cyclically Adjusted Book per Share of $68.32 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Casey's General Stores and its competitors. Casey's General Stores's current Cyclically Adjusted Book per Share is $68.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Casey's General Stores stock overvalued right now?
Based on GuruFocus' analysis, Casey's General Stores (CASY) is currently considered Significantly Overvalued. The stock's GF Value™ is $480.72, compared to a current price of $778.91 — trading 62% above its estimated fair value. The current Cyclically Adjusted Book per Share is $68.32. Casey's General Stores' overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Casey's General Stores (CASY), the current Cyclically Adjusted Book per Share is $68.32 as of Apr. 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 Casey's General Stores (CASY) Overvalued in 2026?

Based on GuruFocus' analysis, Casey's General Stores stock appears to be overvalued. The current stock price of $778.91 is trading 62% above its estimated GF Value™ of $480.72. GuruFocus considers Casey's General Stores to be Significantly Overvalued.

Key valuation signals for CASY:

  • Cyclically Adjusted Book per Share: $68.32
  • GF Value™: $480.72 vs. price of $778.91 (62% above fair value)
  • GF Score™: 84/100 with 1 warning sign

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


Casey's General Stores Business Description

Other Exchanges CASY:MexicoCS2:Germany
Address One Se Convenience Boulevard, Ankeny, IA, USA, 50021
Casey's General Stores Inc serves as convenience store chain with its 2,900 locations, positioned in the Midwest United States. About half of Casey's stores are located in rural towns with populations under 5,000. While fueling stations serve as a key traffic driver, about two-thirds of the company's gross profit stems from in-store sales of grocery items, prepared meals, and general merchandise. Casey's owns more than 90% of its stores and operates the majority of its warehousing and distribution processes internally.
84GF Score

Get the complete analysis for CASY

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

$778.91
Price
$480.72
GF Value