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Casey's General Stores (Casey's General Stores) Cyclically Adjusted PS Ratio : 1.05 (As of Apr. 27, 2024)


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

As of today (2024-04-27), Casey's General Stores's current share price is $320.03. Casey's General Stores's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $303.41. Casey's General Stores's Cyclically Adjusted PS Ratio for today is 1.05.

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

CASY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.74   Max: 1.05
Current: 1.05

During the past years, Casey's General Stores's highest Cyclically Adjusted PS Ratio was 1.05. The lowest was 0.50. And the median was 0.74.

CASY's Cyclically Adjusted PS Ratio is ranked worse than
70.35% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.475 vs CASY: 1.05

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.

Casey's General Stores's adjusted revenue per share data for the three months ended in Jan. 2024 was $89.170. 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 $303.41 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 PS Ratio Historical Data

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

* Premium members only.

Casey's General Stores Cyclically Adjusted PS Ratio Chart

Casey's General Stores Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.71 0.97 0.77 0.79

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 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 0.83 0.79 0.86 0.90 0.89

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

For the Specialty Retail subindustry, Casey's General Stores'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.


Casey's General Stores's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Casey's General Stores's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Casey's General Stores's Cyclically Adjusted PS Ratio falls into.



Casey's General Stores 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=320.03/303.41
=1.05

* 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 Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=89.17/129.4194*129.4194
=89.170

Current CPI (Jan. 2024) = 129.4194.

Casey's General Stores Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 49.361 100.023 63.868
201407 58.739 100.520 75.626
201410 55.050 100.176 71.121
201501 42.741 98.604 56.099
201504 41.993 99.824 54.443
201507 52.015 100.691 66.856
201510 48.816 100.346 62.959
201601 39.707 99.957 51.410
201604 40.090 100.947 51.398
201607 49.711 101.524 63.370
201610 48.409 101.988 61.429
201701 44.631 102.456 56.376
201704 46.904 103.167 58.839
201707 53.907 103.278 67.552
201710 56.404 104.070 70.143
201801 54.137 104.578 66.997
201804 55.526 105.708 67.981
201807 69.995 106.324 85.199
201810 68.563 106.695 83.166
201901 55.332 106.200 67.430
201904 58.966 107.818 70.780
201907 70.825 108.250 84.676
201910 66.986 108.577 79.845
202001 60.528 108.841 71.972
202004 48.504 108.173 58.031
202007 56.523 109.318 66.917
202010 59.444 109.861 70.027
202101 53.858 110.364 63.157
202104 63.169 112.673 72.558
202107 85.228 115.183 95.762
202110 87.317 116.696 96.837
202201 81.588 118.619 89.016
202204 92.559 121.978 98.206
202207 119.076 125.002 123.284
202210 106.027 125.734 109.134
202301 88.714 126.223 90.961
202304 88.591 127.992 89.579
202307 103.301 128.974 103.657
202310 108.584 129.810 108.258
202401 89.170 129.419 89.170

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.


Casey's General Stores  (NAS:CASY) 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.


Casey's General Stores Cyclically Adjusted PS Ratio Related Terms

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


Casey's General Stores (Casey's General Stores) 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.
Executives
Mike Spanos director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Brennan Thomas P Jr officer: SVP, Chief Merch. Officer ONE SE CONVENIENCE BOULEVARD, ANKENY IA 50021
Sri Donthi director 5008 AIRPORT ROAD NW, ROANOKE VA 24021
Katrina S Lindsey officer: Chief Legal Officer & Sec. ONE SE CONVENIENCE BLVD., ANKENY IA 50021
Larree M Renda director
Greg Trojan director ONE ICON, FOOTHILL RANCH CA 92610
Julia L Jackowski officer: SVP, Corp Gen Counsel & HR CASEY'S GENERAL STORES, INC., ONE CONVENIENCE BLVD., PO BOX 3001, ANKENY IA 50021
Diane C Bridgewater director 8161 HEATHER BOW, JOHNSTON IA 50131
Brian Joseph Johnson officer: SVP, Store Development CASEY'S GENERAL STORES, INC., ONE CONVENIENCE BLVD., ANKENY IA 50021
Williams Ena Koschel officer: Chief Operating Officer 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Bramlage Stephen P Jr officer: Chief Financial Officer ARAMARK, 1101 MARKET STREET, PHILADELPHIA PA 19107
Adrian M Butler officer: Chief Information Officer 111 NORTH CANAL STREET, SUITE 850, CHICAGO IL 60606
William J Walljasper officer: Senior VP and CFO ONE CONVENIENCE BLVD, PO BOX 3001, ANKENY IA 50021
Chad Michael Frazell officer: SVP, Chief HR Officer TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Allison M. Wing director 1909 HUMBOLDT AVENUE, MINNEAPOLIS MN 55403