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Banque Centrale Populaire (CAS:BCP) Cyclically Adjusted Book per Share : MAD192.34 (As of Sep. 2024)


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What is Banque Centrale Populaire Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Banque Centrale Populaire's adjusted book value per share for the three months ended in Sep. 2024 was MAD180.658. 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 MAD192.34 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Banque Centrale Populaire's average Cyclically Adjusted Book Growth Rate was 0.70% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2025-01-19), Banque Centrale Populaire's current stock price is MAD289.00. Banque Centrale Populaire's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was MAD192.34. Banque Centrale Populaire's Cyclically Adjusted PB Ratio of today is 1.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banque Centrale Populaire was 1.70. The lowest was 1.04. And the median was 1.46.


Banque Centrale Populaire Cyclically Adjusted Book per Share Historical Data

The historical data trend for Banque Centrale Populaire's Cyclically Adjusted Book 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.

* Premium members only.

Banque Centrale Populaire Cyclically Adjusted Book per Share Chart

Banque Centrale Populaire Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 172.83 186.67 189.57

Banque Centrale Populaire Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted Book 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 191.05 189.57 192.20 192.49 192.34

Competitive Comparison of Banque Centrale Populaire's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Banque Centrale Populaire'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.


Banque Centrale Populaire's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banque Centrale Populaire's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Banque Centrale Populaire's Cyclically Adjusted PB Ratio falls into.



Banque Centrale Populaire Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Banque Centrale Populaire's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=180.658/133.0289*133.0289
=180.658

Current CPI (Sep. 2024) = 133.0289.

Banque Centrale Populaire Quarterly Data

Book Value per Share CPI Adj_Book
201312 171.002 98.326 231.355
201406 161.804 100.560 214.048
201412 139.580 99.070 187.425
201506 174.016 100.684 229.919
201512 149.337 99.792 199.075
201603 0.000 100.470 0.000
201606 151.564 101.688 198.277
201609 0.000 101.861 0.000
201612 157.908 101.863 206.222
201703 162.187 102.862 209.752
201706 154.757 103.349 199.200
201709 161.275 104.136 206.022
201712 147.285 104.011 188.376
201803 155.588 105.290 196.579
201806 147.373 106.317 184.400
201809 149.725 106.507 187.009
201812 155.789 105.998 195.517
201903 144.256 107.251 178.929
201906 164.683 108.070 202.718
201909 167.238 108.329 205.369
201912 171.395 108.420 210.298
202003 170.815 108.902 208.659
202006 168.629 108.767 206.243
202009 161.953 109.815 196.189
202012 161.128 109.897 195.044
202103 163.945 111.754 195.155
202106 160.324 114.631 186.055
202109 163.035 115.734 187.398
202112 160.612 117.630 181.638
202203 164.537 121.301 180.445
202206 158.955 125.017 169.142
202209 161.219 125.227 171.264
202212 162.124 125.222 172.232
202303 165.364 127.348 172.741
202306 164.240 128.729 169.726
202309 171.019 129.860 175.193
202312 171.686 129.419 176.474
202403 178.098 131.776 179.791
202406 173.715 132.554 174.338
202409 180.658 133.029 180.658

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Banque Centrale Populaire  (CAS:BCP) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Banque Centrale Populaire's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=289.00/192.34
=1.50

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banque Centrale Populaire was 1.70. The lowest was 1.04. And the median was 1.46.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Banque Centrale Populaire Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Banque Centrale Populaire's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Banque Centrale Populaire Business Description

Traded in Other Exchanges
N/A
Address
101, Boulevard Mohamed Zerktouni, BP: 10 622, Casablanca, MAR, 21100
Banque Centrale Populaire SA is a Malaysia-based company. The company is a credit establishment. It carries all banking transaction and is also a central banking body for Banques Populaires Regionales. The bank services include private banking, transaction banking, business banking, asset management, and others. The bank receives maximum revenue in the form of interest income. Geographically, the company offers its services to Morocco, Africa, Europe, and Other regions.

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