Casey's General StoresCASY -2.45%84 PB Ratio is 7.30 as of Jun. 25, 2026, which is 99% above its 10-year median of 3.67. GuruFocus rates CASY with a GF Score™ of 84/100 and a GF Value™ of $480.45 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,077 Retail - Cyclical companies, Casey's General Stores ranks worse than 90.16% on this metric.
The historical rank and industry rank for Casey's General Stores's PB Ratio or its related term are showing as below:
CASY'
s PB Ratio Range Over the Past 10 Years
Min: 2.73 Med: 3.67 Max: 8.36
Current: 7.3
During the past 13 years, Casey's General Stores's highest PB Ratio was 8.36. The lowest was 2.73. And the median was 3.67.
CASY's PB Ratio is ranked worse than 90.16% of 1077
companies
in the Retail - Cyclical industry
Industry Median: 1.44
vs CASY: 7.30
During the past 12 months, Casey's General Stores's average Book Value Per Share Growth Rate was 13.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Casey's General Stores was 21.50% per year. The lowest was -5.90% per year. And the median was 12.90% per year.
Back to Basics: PB Ratio
Casey's General Stores (NAS:CASY) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* 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.
For the Specialty Retail subindustry, Casey's General Stores's PB Ratio, along with its competitors' market caps and 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 PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Casey's General Stores's PB Ratio distribution charts can be found below:
* The bar in red indicates where Casey's General Stores's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Casey's General Stores (CASY) has a PB Ratio of 7.30 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Casey's General Stores and its competitors. This is 99% above median its historical median of 3.67. Over the past decade, Casey's General Stores' PB Ratio has ranged from 2.73 to 8.36. According to the industry distribution chart, Casey's General Stores ranks #971 out of 1077 companies in the Retail - Cyclical industry, placing it in the top 90.2%.
Is Casey's General Stores' PB Ratio too high?
Casey's General Stores' current PB Ratio of 7.30 is 99% above median its 10-year median of 3.67. Over the past 10 years, this metric has ranged from a low of 2.73 to a high of 8.36. The Retail - Cyclical industry median PB Ratio is 1.44. Casey's General Stores' value of 7.30 is 406.9% above this industry median. Based on the distribution chart, Casey's General Stores ranks #971 out of 1077 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Casey's General Stores has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Casey's General Stores' PB Ratio compare to WSM and ULTA?
According to the Retail - Cyclical industry distribution chart, Casey's General Stores ranks #971 out of 1077 companies for PB Ratio. This places Casey's General Stores in the lower half of its industry. The industry median PB Ratio is 1.44. Casey's General Stores' value of 7.30 is 406.9% above this benchmark. Historically, Casey's General Stores' own PB Ratio has ranged from 2.73 to 8.36 over the past decade. While the company's 10-year median is 3.67 vs. the industry median of 1.44, Casey's General Stores 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 PB Ratio for a Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.44, based on 1,077 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Casey's General Stores's current PB Ratio of 7.30 is 406.9% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Casey's General Stores and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Casey's General Stores's current PB Ratio is 7.30, which is 99% above median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Casey's General Stores stock overvalued right now?
Based on GuruFocus' analysis, Casey's General Stores (CASY) is currently considered Significantly Overvalued. The stock's GF Value™ is $480.45, compared to a current price of $781.71 — trading 62.7% above its estimated fair value. The current PB Ratio is 7.30, which is 99% above median its 10-year median of 3.67 and 406.9% above the Retail - Cyclical industry median of 1.44. Casey's General Stores' overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Casey's General Stores (CASY), the current PB Ratio is 7.30 as of Jun. 25, 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 Casey's General Stores (CASY) Overvalued in 2026?
Based on GuruFocus' analysis, Casey's General Stores stock appears to be overvalued.
The current stock price of $781.71 is trading 62.7% above its estimated GF Value™ of $480.45.
GuruFocus considers Casey's General Stores to be Significantly Overvalued.
Key valuation signals for CASY:
PB Ratio: 7.30 (99% above median its 10-year median of 3.67)
GF Value™: $480.45 vs. price of $781.71 (62.7% above fair value)
Industry Position: 406.9% above the Retail - Cyclical median (#971 of 1077)
No single metric tells the full story. See the CASY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Casey's General Stores Inc serves as convenience store chain with its 2,900 locations, positioned in the Midwest United States. About half of Casey's stores are located in rural towns with populations under 5,000. While fueling stations serve as a key traffic driver, about two-thirds of the company's gross profit stems from in-store sales of grocery items, prepared meals, and general merchandise. Casey's owns more than 90% of its stores and operates the majority of its warehousing and distribution processes internally.
84GF Score
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