CAPL (CrossAmerica Partners LP) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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CAPL CrossAmerica Partners LP CAPL
66 GF Score
Price $21.94
GF Value $19.94
Valuation Fairly Valued
! 5 Warning Signs
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What is CrossAmerica Partners LP Cyclically Adjusted PS Ratio?

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 0.19 0.20 0.23 0.23 0.21

CrossAmerica Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.22 0.22 0.21 0.21 0.22

CAPL vs APC, SGU, CLNE: 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
66GF Score
CrossAmerica Partners LP CAPL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=30.764/333.9520*333.9520
=30.764

Current CPI (Jun. 2026) = 333.9520.

CrossAmerica Partners LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 14.613 241.428 20.213
201612 14.961 241.432 20.694
201703 13.957 243.801 19.118
201706 15.641 244.955 21.324
201709 16.032 246.819 21.692
201712 16.226 246.524 21.980
201803 16.236 249.554 21.727
201806 19.609 251.989 25.987
201809 19.478 252.439 25.767
201812 15.885 251.233 21.115
201903 13.692 254.202 17.988
201906 17.571 256.143 22.909
201909 16.241 256.759 21.124
201912 14.852 256.974 19.301
202003 10.882 258.115 14.079
202006 10.557 257.797 13.676
202009 15.607 260.280 20.025
202012 14.556 260.474 18.662
202103 17.357 264.877 21.883
202106 22.671 271.696 27.866
202109 25.988 274.310 31.638
202112 28.421 278.802 34.043
202203 28.799 287.504 33.452
202206 38.860 296.311 43.796
202209 32.646 296.808 36.731
202212 29.533 296.797 33.230
202303 26.783 301.836 29.633
202306 30.179 305.109 33.032
202309 31.871 307.789 34.580
202312 26.594 306.746 28.953
202403 24.781 312.332 26.496
202406 29.669 314.175 31.537
202409 28.250 315.301 29.921
202412 24.723 315.605 26.160
202503 22.653 319.799 23.656
202506 24.325 322.561 25.184
202509 25.395 324.800 26.111
202512 22.643 324.054 23.335
202603 21.979 330.213 22.228
202606 30.764 333.952 30.764

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.

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 $21.94 is trading 10% above its estimated GF Value™ of $19.94. GuruFocus considers CrossAmerica Partners LP to be Fairly Valued.

Key valuation signals for CAPL:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $19.94 vs. price of $21.94 (10% above fair value)
  • GF Score™: 66/100 with 5 warning signs

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.
66GF 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.

$21.94
Price
$19.94
GF Value