Bank of Africa (CAS:BOA) Book Value per Share: MAD148.46 (As of Mar. 2026)


CAS:BOA Bank of Africa CAS:BOA
45 GF Score
Price MAD193.55
GF Value MAD223.20
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Bank of Africa Book Value per Share?

Bank of Africa CAS:BOA +0.03% 45 Book Value per Share is MAD148.46 as of Mar. 2026. GuruFocus rates CAS:BOA with a GF Score™ of 45/100 and a GF Value™ of MAD223.20 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Bank of Africa's book value per share for the quarter that ended in Mar. 2026 was MAD148.46.

During the past 12 months, Bank of Africa's average Book Value Per Share Growth Rate was 10.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bank of Africa was 30.40% per year. The lowest was -3.40% per year. And the median was 6.00% per year.

Bank of Africa's current price is MAD193.55. Its book value per share for the quarter that ended in Mar. 2026 was MAD148.46. Hence, today's PB Ratio of Bank of Africa is 1.30.

During the past 13 years, the highest P/B Ratio of Bank of Africa was 2.34. The lowest was 1.14. And the median was 1.57.

Good Sign:

Bank of Africa stock PB Ratio (=1.3) is close to 5-year low of 1.27.


Bank of Africa  (CAS:BOA) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Bank of Africa Book Value per Share Related Terms


Bank of Africa Book Value per Share Historical Data

* Premium members only.

The historical data trend for Bank of Africa's Book Value per Share 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.

Bank of Africa Book Value per Share Chart

Bank of Africa Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.00 118.58 125.84 134.99 144.34

Bank of Africa Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25 Mar26
Book Value per Share 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 134.99 138.69 140.09 144.34 148.46

CAS:BOA vs JPM, BAC, WFC: Book Value per Share Comparison

For the Banks - Diversified subindustry, Bank of Africa'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.


Bank of Africa PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bank of Africa's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Africa's PB Ratio falls into.


CAS:BOA
45GF Score
Bank of Africa CAS:BOA
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank of Africa Book Value per Share Calculation

Bank of Africa's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(31,794-0)/220
=144.33

Bank of Africa's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(32,703-0)/220
=148.46

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of MAD148.46 mean?
Bank of Africa (CAS:BOA) has a Book Value per Share of MAD148.46 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Bank of Africa and its competitors.
Is Bank of Africa's Book Value per Share too high?
Bank of Africa's current Book Value per Share is MAD148.46. Overall, Bank of Africa has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Africa's Book Value per Share compare to JPM and BAC?
Bank of Africa's Book Value per Share of MAD148.46 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Banks company?
A good Book Value per Share depends on the Banks industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Bank of Africa and its competitors. Bank of Africa's current Book Value per Share is MAD148.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Africa stock overvalued right now?
Based on GuruFocus' analysis, Bank of Africa (CAS:BOA) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD223.20, compared to a current price of MAD193.55 — trading 13.3% below its estimated fair value. The current Book Value per Share is MAD148.46. Bank of Africa's overall GF Score™ is 45/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Bank of Africa (CAS:BOA), the current Book Value per Share is MAD148.46 as of Mar. 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 Bank of Africa (CAS:BOA) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Africa stock appears to be undervalued. The current stock price of MAD193.55 is trading 13.3% below its estimated GF Value™ of MAD223.20. GuruFocus considers Bank of Africa to be Modestly Undervalued.

Key valuation signals for CAS:BOA:

  • Book Value per Share: MAD148.46
  • GF Value™: MAD223.20 vs. price of MAD193.55 (13.3% below fair value)
  • GF Score™: 45/100 with 2 warning signs

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


Bank of Africa Business Description

Address Lotissement Mandarona Lot N 1, Imm. Promoffice Sidi Maarouf, Casablanca, MAR, 20000
Bank of Africa is a commercial bank operating in Morocco and multiple African countries, with additional offices in Europe, China, and Canada. It provides financial services to individuals, businesses, and public institutions, including banking, insurance, asset management, leasing, and investment services. Its offerings include accounts, cards, loans, and savings products. The bank operates through a network of subsidiaries and focuses on expanding its services to small and medium-sized enterprises and developing digital banking channels across its markets.
45GF Score

Get the complete analysis for CAS:BOA

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD193.55
Price
MAD223.20
GF Value