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Casey's General Stores (STU:CS2) Cyclically Adjusted PB Ratio : 6.79 (As of May. 25, 2024)


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What is Casey's General Stores Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Casey's General Stores's current share price is €312.00. Casey's General Stores's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €45.96. Casey's General Stores's Cyclically Adjusted PB Ratio for today is 6.79.

The historical rank and industry rank for Casey's General Stores's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:CS2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.39   Med: 5.83   Max: 8.03
Current: 6.83

During the past years, Casey's General Stores's highest Cyclically Adjusted PB Ratio was 8.03. The lowest was 4.39. And the median was 5.83.

STU:CS2's Cyclically Adjusted PB Ratio is ranked worse than
90.85% of 732 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs STU:CS2: 6.83

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 adjusted book value per share data for the three months ended in Jan. 2024 was €73.016. 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 €45.96 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Casey's General Stores Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Casey's General Stores'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.

* Premium members only.

Casey's General Stores Cyclically Adjusted PB Ratio Chart

Casey's General Stores Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.59 5.79 7.18 5.32 5.12

Casey's General Stores Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 5.51 5.12 5.45 5.67 5.48

Competitive Comparison of Casey's General Stores's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



Casey's General Stores 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=312.00/45.96
=6.79

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Casey's General Stores's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=73.016/130.1244*130.1244
=73.016

Current CPI (Jan. 2024) = 130.1244.

Casey's General Stores Quarterly Data

Book Value per Share CPI Adj_Book
201404 13.222 100.023 17.201
201407 14.750 100.520 19.094
201410 16.300 100.176 21.173
201501 18.596 98.604 24.541
201504 20.797 99.824 27.110
201507 21.820 100.691 28.198
201510 23.057 100.346 29.899
201601 24.602 99.957 32.027
201604 24.440 100.947 31.504
201607 26.530 101.524 34.004
201610 27.789 101.988 35.455
201701 29.149 102.456 37.021
201704 28.655 103.167 36.142
201707 26.537 103.278 33.435
201710 26.117 104.070 32.656
201801 29.052 104.578 36.149
201804 28.095 105.708 34.584
201807 30.380 106.324 37.180
201810 32.255 106.695 39.338
201901 33.262 106.200 40.755
201904 34.197 107.818 41.272
201907 36.114 108.250 43.412
201910 38.376 108.577 45.992
202001 38.901 108.841 46.508
202004 41.073 108.173 49.408
202007 41.282 109.318 49.139
202010 42.801 109.861 50.696
202101 42.077 110.364 49.611
202104 43.727 112.673 50.500
202107 46.303 115.183 52.309
202110 49.318 116.696 54.993
202201 52.061 118.619 57.110
202204 55.913 121.978 59.647
202207 62.808 125.002 65.382
202210 68.454 125.734 70.844
202301 65.184 126.223 67.199
202304 65.119 127.992 66.204
202307 67.347 128.974 67.948
202310 73.830 129.810 74.009
202401 73.016 130.124 73.016

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.


Casey's General Stores  (STU:CS2) 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.


Casey's General Stores Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Casey's General Stores's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Casey's General Stores (STU:CS2) Business Description

Traded in Other Exchanges
Address
One Se Convenience Boulevard, Ankeny, IA, USA, 50021
Casey's General Stores Inc owns and operates over 2,500 convenience stores in multiple Midwestern states of the U.S. The stores provide self-service gasoline, grocery items, and processed foods such as pizza, donuts, and sandwiches. Casey's operates its own distribution centres, delivering its in-store products and fuel supplies. The company owns of its real estate, including nearly all of the stores, distribution centres, and some of its subsidiaries' facilities. More than half of the company's stores are located in areas with populations of fewer than 5,000 people.

Casey's General Stores (STU:CS2) Headlines

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