CAPL (CrossAmerica Partners LP) Cyclically Adjusted PS Ratio: 0.22 (As of Aug. 01, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CAPL CrossAmerica Partners LP CAPL
70 GF Score
Price $22.21
GF Value $17.96
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is CrossAmerica Partners LP Cyclically Adjusted PS Ratio?

CrossAmerica Partners LP CAPL +1.97% 70 Cyclically Adjusted PS Ratio is 0.22 as of Aug. 01, 2026, which is 5% above its 10-year median of 0.21. GuruFocus rates CAPL with a GF Score™ of 70/100 and a GF Value™ of $17.96 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 707 Oil & Gas companies, CrossAmerica Partners LP ranks better than 83.88% on this metric.

As of today (2026-08-01), CrossAmerica Partners LP's current share price is $22.21. CrossAmerica Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $100.04. CrossAmerica Partners LP's Cyclically Adjusted PS Ratio for today is 0.22.

The historical rank and industry rank for CrossAmerica Partners LP's Cyclically Adjusted PS Ratio or its related term are showing as below:

CAPL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.21   Max: 0.25
Current: 0.22

During the past years, CrossAmerica Partners LP's highest Cyclically Adjusted PS Ratio was 0.25. The lowest was 0.15. And the median was 0.21.

CAPL's Cyclically Adjusted PS Ratio is ranked better than
83.88% of 707 companies
in the Oil & Gas industry
Industry Median: 1.05 vs CAPL: 0.22

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

CrossAmerica Partners LP's adjusted revenue per share data for the three months ended in Mar. 2026 was $21.979. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $100.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CrossAmerica Partners LP  (NYSE:CAPL) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


CrossAmerica Partners LP Cyclically Adjusted PS Ratio Related Terms


CrossAmerica Partners LP Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CrossAmerica Partners LP's Cyclically Adjusted PS 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.

CrossAmerica Partners LP Cyclically Adjusted PS Ratio Chart

CrossAmerica Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.19 0.23 0.23 0.21

CrossAmerica Partners LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 0.25 0.22 0.22 0.21 0.21

CAPL vs APC, CLNE, SGU: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, CrossAmerica Partners LP's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


CrossAmerica Partners LP Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CrossAmerica Partners LP's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CrossAmerica Partners LP's Cyclically Adjusted PS Ratio falls into.


CAPL
70GF Score
CrossAmerica Partners LP CAPL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CrossAmerica Partners LP Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

CrossAmerica Partners LP's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.21/100.04
=0.22

* 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.

CrossAmerica Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, CrossAmerica Partners LP's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=21.979/330.2130*330.2130
=21.979

Current CPI (Mar. 2026) = 330.2130.

CrossAmerica Partners LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 15.398 241.018 21.096
201609 14.613 241.428 19.987
201612 14.945 241.432 20.441
201703 13.957 243.801 18.904
201706 15.641 244.955 21.085
201709 16.032 246.819 21.449
201712 16.228 246.524 21.737
201803 16.236 249.554 21.484
201806 19.603 251.989 25.688
201809 19.478 252.439 25.479
201812 15.887 251.233 20.881
201903 13.692 254.202 17.786
201906 17.571 256.143 22.652
201909 16.241 256.759 20.887
201912 14.862 256.974 19.098
202003 10.882 258.115 13.922
202006 10.557 257.797 13.522
202009 15.607 260.280 19.800
202012 14.554 260.474 18.451
202103 17.347 264.877 21.626
202106 22.671 271.696 27.554
202109 25.988 274.310 31.284
202112 28.437 278.802 33.681
202203 28.800 287.504 33.078
202206 38.861 296.311 43.307
202209 32.645 296.808 36.319
202212 29.300 296.797 32.599
202303 26.783 301.836 29.301
202306 30.023 305.109 32.493
202309 31.727 307.789 34.038
202312 26.633 306.746 28.671
202403 24.781 312.332 26.200
202406 29.670 314.175 31.185
202409 28.250 315.301 29.586
202412 24.753 315.605 25.899
202503 22.653 319.799 23.391
202506 24.325 322.561 24.902
202509 25.395 324.800 25.818
202512 22.663 324.054 23.094
202603 21.979 330.213 21.979

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.22 mean?
CrossAmerica Partners LP (CAPL) has a Cyclically Adjusted PS Ratio of 0.22 as of Aug. 01, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on CrossAmerica Partners LP and its competitors. This is near median its historical median of 0.21. Over the past decade, CrossAmerica Partners LP's Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.25. According to the industry distribution chart, CrossAmerica Partners LP ranks #114 out of 707 companies in the Oil & Gas industry, placing it in the top 16.1%.
Is CrossAmerica Partners LP's Cyclically Adjusted PS Ratio too high?
CrossAmerica Partners LP's current Cyclically Adjusted PS Ratio of 0.22 is near median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.25. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.05. CrossAmerica Partners LP's value of 0.22 is 79% below this industry median. Based on the distribution chart, CrossAmerica Partners LP ranks #114 out of 707 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, CrossAmerica Partners LP has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CrossAmerica Partners LP's Cyclically Adjusted PS Ratio compare to APC and CLNE?
According to the Oil & Gas industry distribution chart, CrossAmerica Partners LP ranks #114 out of 707 companies for Cyclically Adjusted PS Ratio. This places CrossAmerica Partners LP in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.05. CrossAmerica Partners LP's value of 0.22 is 79% below this benchmark. Historically, CrossAmerica Partners LP's own Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.25 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 1.05, CrossAmerica Partners LP has consistently been below 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 PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.05, based on 707 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CrossAmerica Partners LP's current Cyclically Adjusted PS Ratio of 0.22 is 79% below 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on CrossAmerica Partners LP and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CrossAmerica Partners LP's current Cyclically Adjusted PS Ratio is 0.22, which is near median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CrossAmerica Partners LP stock overvalued right now?
Based on GuruFocus' analysis, CrossAmerica Partners LP (CAPL) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.96, compared to a current price of $22.21 — trading 23.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.22, which is near median its 10-year median of 0.21 and 79% below the Oil & Gas industry median of 1.05. CrossAmerica Partners LP's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For CrossAmerica Partners LP (CAPL), the current Cyclically Adjusted PS Ratio is 0.22 as of Aug. 01, 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 CrossAmerica Partners LP (CAPL) Overvalued in 2026?

Based on GuruFocus' analysis, CrossAmerica Partners LP stock appears to be overvalued. The current stock price of $22.21 is trading 23.7% above its estimated GF Value™ of $17.96. GuruFocus considers CrossAmerica Partners LP to be Modestly Overvalued.

Key valuation signals for CAPL:

  • Cyclically Adjusted PS Ratio: 0.22 (near median its 10-year median of 0.21)
  • GF Value™: $17.96 vs. price of $22.21 (23.7% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 79% below the Oil & Gas median (#114 of 707)

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


CrossAmerica Partners LP Business Description

Industry EnergyOil & Gas
Address 645 Hamilton Street, Suite 400, Allentown, PA, USA, 18101
CrossAmerica Partners LP is engaged in the wholesale distribution of motor fuel and the ownership and leasing of real estate used in the retail distribution of motor fuel. The company operates through two business segments, namely Wholesale and Retail. The Wholesale segment is a key revenue driver and includes the wholesale distribution of motor fuel to lessee dealers, independent dealers, commission agents, DMS, Circle K, and through company-operated retail sites. The Retail segment includes the sale of convenience merchandise items, the retail sale of motor fuel at company-operated retail sites, and the retail sale of motor fuel at retail sites operated by commission agents.
70GF Score

Get the complete analysis for CAPL

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

$22.21
Price
$17.96
GF Value