Alimentation Couche-Tard (STU:CJA0) Cyclically Adjusted PB Ratio: 5.23 (As of Aug. 21, 2026) — 21% Below Median

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STU:CJA0 Alimentation Couche-Tard Inc STU:CJA0
81 GF Score
Price €53.32
GF Value €53.84
Valuation Fairly Valued
! 8 Warning Signs
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What is Alimentation Couche-Tard Cyclically Adjusted PB Ratio?

Alimentation Couche-Tard STU:CJA0 -2.13% 81 Cyclically Adjusted PB Ratio is 5.23 as of Aug. 21, 2026, which is 21% below its 10-year median of 6.62. GuruFocus rates STU:CJA0 with a GF Score™ of 81/100 and a GF Value™ of €53.84 (Fairly Valued). The stock has 8 warning signs investors should review. Among 786 Retail - Cyclical companies, Alimentation Couche-Tard ranks worse than 89.82% on this metric.

As of today (2026-08-21), Alimentation Couche-Tard's current share price is €53.32. Alimentation Couche-Tard's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €10.20. Alimentation Couche-Tard's Cyclically Adjusted PB Ratio for today is 5.23.

The historical rank and industry rank for Alimentation Couche-Tard's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:CJA0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.5   Med: 6.62   Max: 12.82
Current: 5.65

During the past years, Alimentation Couche-Tard's highest Cyclically Adjusted PB Ratio was 12.82. The lowest was 4.50. And the median was 6.62.

STU:CJA0's Cyclically Adjusted PB Ratio is ranked worse than
89.82% of 786 companies
in the Retail - Cyclical industry
Industry Median: 1.22 vs STU:CJA0: 5.65

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.

Alimentation Couche-Tard's adjusted book value per share data for the three months ended in Apr. 2026 was €15.064. 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 €10.20 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alimentation Couche-Tard  (STU:CJA0) 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.


Alimentation Couche-Tard Cyclically Adjusted PB Ratio Related Terms


Alimentation Couche-Tard Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alimentation Couche-Tard'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.

Alimentation Couche-Tard Cyclically Adjusted PB Ratio Chart

Alimentation Couche-Tard Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.37 6.30 6.13 5.06 4.94

Alimentation Couche-Tard Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 5.06 4.87 4.69 4.55 4.94

STU:CJA0 vs CASY, WSM, ULTA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Alimentation Couche-Tard'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.


Alimentation Couche-Tard Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alimentation Couche-Tard's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alimentation Couche-Tard's Cyclically Adjusted PB Ratio falls into.


STU:CJA0
81GF Score
Alimentation Couche-Tard Inc STU:CJA0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alimentation Couche-Tard 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.

Alimentation Couche-Tard's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.32/10.20
=5.23

* 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.

Alimentation Couche-Tard's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Alimentation Couche-Tard'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)
=15.064/132.7364*132.7364
=15.064

Current CPI (Apr. 2026) = 132.7364.

Alimentation Couche-Tard Quarterly Data

Book Value per Share CPI Adj_Book
201607 4.204 101.844 5.479
201610 4.466 102.002 5.812
201701 4.809 102.318 6.239
201704 4.932 103.029 6.354
201707 4.966 103.029 6.398
201710 5.175 103.424 6.642
201801 5.376 104.056 6.858
201804 5.460 105.320 6.881
201807 5.946 106.110 7.438
201810 6.383 105.952 7.997
201901 6.840 105.557 8.601
201904 7.035 107.453 8.690
201907 7.445 108.243 9.130
201910 7.787 107.927 9.577
202001 8.031 108.085 9.863
202004 8.323 107.216 10.304
202007 8.678 108.401 10.626
202010 9.104 108.638 11.123
202101 9.097 109.192 11.059
202104 9.432 110.851 11.294
202107 9.842 112.431 11.620
202110 10.427 113.695 12.173
202201 10.771 114.801 12.454
202204 11.147 118.357 12.501
202207 11.944 120.964 13.106
202210 12.878 121.517 14.067
202301 11.314 121.596 12.351
202304 11.677 123.571 12.543
202307 12.291 124.914 13.061
202310 12.836 125.310 13.597
202401 12.694 125.072 13.472
202404 12.843 126.890 13.435
202407 13.394 128.075 13.882
202410 13.527 127.838 14.045
202501 14.471 127.443 15.072
202504 14.031 129.102 14.426
202507 14.143 130.290 14.409
202510 14.179 130.603 14.411
202601 14.444 130.366 14.707
202604 15.064 132.736 15.064

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 5.23 mean?
Alimentation Couche-Tard (STU:CJA0) has a Cyclically Adjusted PB Ratio of 5.23 as of Aug. 21, 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 Alimentation Couche-Tard and its competitors. This is 21% below median its historical median of 6.62. Over the past decade, Alimentation Couche-Tard's Cyclically Adjusted PB Ratio has ranged from 4.50 to 12.82. According to the industry distribution chart, Alimentation Couche-Tard ranks #706 out of 786 companies in the Retail - Cyclical industry, placing it in the top 89.8%.
Is Alimentation Couche-Tard's Cyclically Adjusted PB Ratio too high?
Alimentation Couche-Tard's current Cyclically Adjusted PB Ratio of 5.23 is 21% below median its 10-year median of 6.62. Over the past 10 years, this metric has ranged from a low of 4.50 to a high of 12.82. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.22. Alimentation Couche-Tard's value of 5.23 is 328.7% above this industry median. Based on the distribution chart, Alimentation Couche-Tard ranks #706 out of 786 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Alimentation Couche-Tard has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alimentation Couche-Tard's Cyclically Adjusted PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Alimentation Couche-Tard ranks #706 out of 786 companies for Cyclically Adjusted PB Ratio. This places Alimentation Couche-Tard in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. Alimentation Couche-Tard's value of 5.23 is 328.7% above this benchmark. Historically, Alimentation Couche-Tard's own Cyclically Adjusted PB Ratio has ranged from 4.50 to 12.82 over the past decade. While the company's 10-year median is 6.62 vs. the industry median of 1.22, Alimentation Couche-Tard has consistently been above 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.22, based on 786 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. Alimentation Couche-Tard's current Cyclically Adjusted PB Ratio of 5.23 is 328.7% above 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 Alimentation Couche-Tard and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alimentation Couche-Tard's current Cyclically Adjusted PB Ratio is 5.23, which is 21% below median its own 10-year median of 6.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alimentation Couche-Tard stock overvalued right now?
Based on GuruFocus' analysis, Alimentation Couche-Tard (STU:CJA0) is currently considered Fairly Valued. The stock's GF Value™ is €53.84, compared to a current price of €53.32 — trading 1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.23, which is 21% below median its 10-year median of 6.62 and 328.7% above the Retail - Cyclical industry median of 1.22. Alimentation Couche-Tard's overall GF Score™ is 81/100 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 Alimentation Couche-Tard (STU:CJA0), the current Cyclically Adjusted PB Ratio is 5.23 as of Aug. 21, 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 Alimentation Couche-Tard (STU:CJA0) Overvalued in 2026?

Based on GuruFocus' analysis, Alimentation Couche-Tard stock appears to be undervalued. The current stock price of €53.32 is trading 1% below its estimated GF Value™ of €53.84. GuruFocus considers Alimentation Couche-Tard to be Fairly Valued.

Key valuation signals for STU:CJA0:

  • Cyclically Adjusted PB Ratio: 5.23 (21% below median its 10-year median of 6.62)
  • GF Value™: €53.84 vs. price of €53.32 (1% below fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 328.7% above the Retail - Cyclical median (#706 of 786)

No single metric tells the full story. See the STU:CJA0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alimentation Couche-Tard Business Description

Other Exchanges ANCTF:USAATD:Canada
Address 4204 Boulevard Industriel, Laval, QC, CAN, H7L 0E3
Alimentation Couche-Tard Inc operates a network of convenience stores across North America, Europe, and Asia. The company generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services, road transportation fuel, stationary energy, marine fuel, and chemicals. In addition, the company operates stores under the Circle K banner in other countries such as Indonesia, Egypt, Macau, and others. Its operation is geographically divided into the U.S., Europe and other regions, and Canada. Revenue from external customers falls mainly into three categories: merchandise and services, road transportation fuel, and others. The company generates the majority of its revenue from the United States.
81GF Score

Get the complete analysis for STU:CJA0

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

€53.32
Price
€53.84
GF Value