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Casey's General Stores (Casey's General Stores) Cyclically Adjusted PB Ratio : 6.64 (As of Jun. 08, 2024)


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

As of today (2024-06-08), Casey's General Stores's current share price is $328.63. Casey's General Stores's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $49.49. Casey's General Stores's Cyclically Adjusted PB Ratio for today is 6.64.

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

CASY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.39   Med: 5.84   Max: 8.03
Current: 6.64

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 5.84.

CASY's Cyclically Adjusted PB Ratio is ranked worse than
90.35% of 767 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs CASY: 6.64

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 $79.538. 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 $49.49 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
=328.63/49.49
=6.64

* 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)
=79.538/130.1244*130.1244
=79.538

Current CPI (Jan. 2024) = 130.1244.

Casey's General Stores Quarterly Data

Book Value per Share CPI Adj_Book
201404 18.263 100.023 23.759
201407 19.959 100.520 25.837
201410 20.659 100.176 26.835
201501 21.598 98.604 28.502
201504 22.507 99.824 29.339
201507 24.005 100.691 31.022
201510 25.878 100.346 33.557
201601 26.712 99.957 34.774
201604 27.742 100.947 35.761
201607 29.315 101.524 37.574
201610 30.604 101.988 39.047
201701 31.009 102.456 39.383
201704 30.713 103.167 38.738
201707 30.608 103.278 38.564
201710 30.690 104.070 38.373
201801 35.429 104.578 44.084
201804 34.472 105.708 42.434
201807 35.490 106.324 43.434
201810 37.075 106.695 45.216
201901 37.970 106.200 46.524
201904 38.423 107.818 46.372
201907 40.487 108.250 48.668
201910 42.451 108.577 50.876
202001 43.176 108.841 51.619
202004 44.645 108.173 53.705
202007 47.450 109.318 56.481
202010 50.354 109.861 59.642
202101 51.251 110.364 60.427
202104 52.305 112.673 60.406
202107 54.732 115.183 61.832
202110 57.214 116.696 63.798
202201 58.893 118.619 64.605
202204 60.381 121.978 64.413
202207 63.894 125.002 66.512
202210 67.443 125.734 69.798
202301 70.242 126.223 72.413
202304 71.402 127.992 72.592
202307 74.499 128.974 75.163
202310 77.962 129.810 78.151
202401 79.538 130.124 79.538

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  (NAS:CASY) 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 (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