Casey's General Stores (STU:CS2) Cyclically Adjusted Book per Share: €54.30 (As of Apr. 2026)


STU:CS2 Casey's General Stores Inc STU:CS2
76 GF Score
Price €683.00
GF Value €421.53
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 STU:CS2 -1.07% 76 Cyclically Adjusted Book per Share is €54.30 as of Apr. 2026. GuruFocus rates STU:CS2 with a GF Score™ of 76/100 and a GF Value™ of €421.53 (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 €91.554. 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 €54.30 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 (2026-06-28), Casey's General Stores's current stock price is €683.00. Casey's General Stores's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €54.30. Casey's General Stores's Cyclically Adjusted PB Ratio of today is 12.58.

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  (STU:CS2) 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
=683.00/54.30
=12.58

* 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 36.68 40.22 48.58 51.98 54.30

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 51.98 53.48 54.75 54.71 54.30

STU:CS2 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.


STU:CS2
76GF Score
Casey's General Stores Inc STU:CS2
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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)
=91.554/333.0200*333.0200
=91.554

Current CPI (Apr. 2026) = 333.0200.

Casey's General Stores Quarterly Data

Book Value per Share CPI Adj_Book
201607 26.530 240.628 36.717
201610 27.789 241.729 38.284
201701 29.149 242.839 39.974
201704 28.655 244.524 39.026
201707 26.537 244.786 36.102
201710 26.117 246.663 35.261
201801 29.052 247.867 39.033
201804 28.095 250.546 37.343
201807 30.380 252.006 40.146
201810 32.255 252.885 42.476
201901 33.261 251.712 44.005
201904 34.196 255.548 44.563
201907 36.114 256.571 46.875
201910 38.375 257.346 49.659
202001 38.901 257.971 50.218
202004 41.073 256.389 53.349
202007 41.282 259.101 53.059
202010 42.800 260.388 54.739
202101 42.077 261.582 53.568
202104 43.727 267.054 54.528
202107 46.303 273.003 56.482
202110 49.318 276.589 59.380
202201 52.062 281.148 61.667
202204 55.912 289.109 64.404
202207 62.808 296.276 70.597
202210 68.453 298.012 76.494
202301 65.185 299.170 72.560
202304 65.119 303.363 71.485
202307 67.347 305.691 73.368
202310 73.830 307.671 79.913
202401 73.016 308.417 78.841
202404 75.939 313.548 80.655
202407 78.581 314.540 83.198
202410 82.544 315.664 87.082
202501 88.936 317.671 93.233
202504 84.127 320.795 87.333
202507 83.915 323.048 86.505
202510 88.145 0.000
202601 88.649 325.252 90.766
202604 91.554 333.020 91.554

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 €54.30 mean?
Casey's General Stores (STU:CS2) has a Cyclically Adjusted Book per Share of €54.30 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 €54.30. Overall, Casey's General Stores has a GF Score™ of 76/100 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 €54.30 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 €54.30. 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 (STU:CS2) is currently considered Significantly Overvalued. The stock's GF Value™ is €421.53, compared to a current price of €683.00 — trading 62% above its estimated fair value. The current Cyclically Adjusted Book per Share is €54.30. Casey's General Stores' overall GF Score™ is 76/100 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 (STU:CS2), the current Cyclically Adjusted Book per Share is €54.30 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 (STU:CS2) Overvalued in 2026?

Based on GuruFocus' analysis, Casey's General Stores stock appears to be overvalued. The current stock price of €683.00 is trading 62% above its estimated GF Value™ of €421.53. GuruFocus considers Casey's General Stores to be Significantly Overvalued.

Key valuation signals for STU:CS2:

  • Cyclically Adjusted Book per Share: €54.30
  • GF Value™: €421.53 vs. price of €683.00 (62% above fair value)
  • GF Score™: 76/100 with 1 warning sign

No single metric tells the full story. See the STU:CS2 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:USACASY:Mexico
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.
76GF Score

Get the complete analysis for STU:CS2

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

€683.00
Price
€421.53
GF Value