Banque Marocaine pour le Commerce et l'Industrie (CAS:BCI) Cyclically Adjusted PS Ratio: 2.16 (As of Jul. 09, 2026) — Near Median


CAS:BCI Banque Marocaine pour le Commerce et l'Industrie SA CAS:BCI
45 GF Score
Price MAD605.00
GF Value MAD636.33
Valuation Fairly Valued
! 4 Warning Signs
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What is Banque Marocaine pour le Commerce et l'Industrie Cyclically Adjusted PS Ratio?

Banque Marocaine pour le Commerce et l'Industrie CAS:BCI 45 Cyclically Adjusted PS Ratio is 2.16 as of Jul. 09, 2026, which is at its 10-year median of 2.16. GuruFocus rates CAS:BCI with a GF Score™ of 45/100 and a GF Value™ of MAD636.33 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,301 Banks companies, Banque Marocaine pour le Commerce et l'Industrie ranks better than 71.33% on this metric.

As of today (2026-07-09), Banque Marocaine pour le Commerce et l'Industrie's current share price is MAD605.00. Banque Marocaine pour le Commerce et l'Industrie's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MAD280.34. Banque Marocaine pour le Commerce et l'Industrie's Cyclically Adjusted PS Ratio for today is 2.16.

The historical rank and industry rank for Banque Marocaine pour le Commerce et l'Industrie's Cyclically Adjusted PS Ratio or its related term are showing as below:

CAS:BCI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.25   Med: 2.16   Max: 2.5
Current: 2.23

During the past years, Banque Marocaine pour le Commerce et l'Industrie's highest Cyclically Adjusted PS Ratio was 2.50. The lowest was 1.25. And the median was 2.16.

CAS:BCI's Cyclically Adjusted PS Ratio is ranked better than
71.33% of 1301 companies
in the Banks industry
Industry Median: 3.29 vs CAS:BCI: 2.23

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.

Banque Marocaine pour le Commerce et l'Industrie's adjusted revenue per share data for the three months ended in Mar. 2026 was MAD71.992. 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 MAD280.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banque Marocaine pour le Commerce et l'Industrie  (CAS:BCI) 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.


Banque Marocaine pour le Commerce et l'Industrie Cyclically Adjusted PS Ratio Related Terms


Banque Marocaine pour le Commerce et l'Industrie Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Banque Marocaine pour le Commerce et l'Industrie'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.

Banque Marocaine pour le Commerce et l'Industrie Cyclically Adjusted PS Ratio Chart

Banque Marocaine pour le Commerce et l'Industrie Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.45 2.10 2.19 2.29

Banque Marocaine pour le Commerce et l'Industrie Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.23 2.26 2.15 2.29 2.22

CAS:BCI vs PNC, USB: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Banque Marocaine pour le Commerce et l'Industrie'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.


Banque Marocaine pour le Commerce et l'Industrie Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Banque Marocaine pour le Commerce et l'Industrie's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Banque Marocaine pour le Commerce et l'Industrie's Cyclically Adjusted PS Ratio falls into.


CAS:BCI
45GF Score
Banque Marocaine pour le Commerce et l'Industrie SA CAS:BCI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Banque Marocaine pour le Commerce et l'Industrie 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.

Banque Marocaine pour le Commerce et l'Industrie's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=605.00/280.34
=2.16

* 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.

Banque Marocaine pour le Commerce et l'Industrie's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Banque Marocaine pour le Commerce et l'Industrie's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=71.992/330.2130*330.2130
=71.992

Current CPI (Mar. 2026) = 330.2130.

Banque Marocaine pour le Commerce et l'Industrie Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 241.018 0.000
201609 59.148 241.428 80.900
201612 58.074 241.432 79.429
201703 57.600 243.801 78.016
201706 57.837 244.955 77.968
201709 57.707 246.819 77.205
201712 57.776 246.524 77.390
201803 62.351 249.554 82.504
201806 54.641 251.989 71.603
201809 60.884 252.439 79.642
201812 43.659 251.233 57.384
201903 63.139 254.202 82.019
201906 50.341 256.143 64.898
201909 63.941 256.759 82.233
201912 35.426 256.974 45.523
202003 48.818 258.115 62.454
202006 58.742 257.797 75.243
202009 53.320 260.280 67.646
202012 11.331 260.474 14.365
202103 60.786 264.877 75.780
202106 60.538 271.696 73.576
202109 60.120 274.310 72.372
202112 34.997 278.802 41.450
202203 59.171 287.504 67.961
202206 47.800 296.311 53.269
202209 67.439 296.808 75.029
202212 47.116 296.797 52.421
202303 63.440 301.836 69.404
202306 55.118 305.109 59.653
202309 79.146 307.789 84.912
202312 88.852 306.746 95.649
202403 72.796 312.332 76.964
202406 64.772 314.175 68.078
202409 85.481 315.301 89.524
202412 37.408 315.605 39.139
202503 73.346 319.799 75.734
202506 74.087 322.561 75.845
202509 77.924 324.800 79.223
202512 77.471 324.054 78.943
202603 71.992 330.213 71.992

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.

What does a Cyclically Adjusted PS Ratio of 2.16 mean?
Banque Marocaine pour le Commerce et l'Industrie (CAS:BCI) has a Cyclically Adjusted PS Ratio of 2.16 as of Jul. 09, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Banque Marocaine pour le Commerce et l'Industrie and its competitors. This is near median its historical median of 2.16. Over the past decade, Banque Marocaine pour le Commerce et l'Industrie's Cyclically Adjusted PS Ratio has ranged from 1.25 to 2.50. According to the industry distribution chart, Banque Marocaine pour le Commerce et l'Industrie ranks #373 out of 1301 companies in the Banks industry, placing it in the top 28.7%.
Is Banque Marocaine pour le Commerce et l'Industrie's Cyclically Adjusted PS Ratio too high?
Banque Marocaine pour le Commerce et l'Industrie's current Cyclically Adjusted PS Ratio of 2.16 is near median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 2.50. The Banks industry median Cyclically Adjusted PS Ratio is 3.29. Banque Marocaine pour le Commerce et l'Industrie's value of 2.16 is 34.3% below this industry median. Based on the distribution chart, Banque Marocaine pour le Commerce et l'Industrie ranks #373 out of 1301 companies in the Banks industry, which is above the industry midpoint. Overall, Banque Marocaine pour le Commerce et l'Industrie has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Banque Marocaine pour le Commerce et l'Industrie's Cyclically Adjusted PS Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Banque Marocaine pour le Commerce et l'Industrie ranks #373 out of 1301 companies for Cyclically Adjusted PS Ratio. This puts Banque Marocaine pour le Commerce et l'Industrie in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.29. Banque Marocaine pour le Commerce et l'Industrie's value of 2.16 is 34.3% below this benchmark. Historically, Banque Marocaine pour le Commerce et l'Industrie's own Cyclically Adjusted PS Ratio has ranged from 1.25 to 2.50 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 3.29, Banque Marocaine pour le Commerce et l'Industrie has consistently been below 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 Cyclically Adjusted PS Ratio for a Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.29, based on 1,301 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banque Marocaine pour le Commerce et l'Industrie's current Cyclically Adjusted PS Ratio of 2.16 is 34.3% below 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 Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Banque Marocaine pour le Commerce et l'Industrie and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banque Marocaine pour le Commerce et l'Industrie's current Cyclically Adjusted PS Ratio is 2.16, which is near median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banque Marocaine pour le Commerce et l'Industrie stock overvalued right now?
Based on GuruFocus' analysis, Banque Marocaine pour le Commerce et l'Industrie (CAS:BCI) is currently considered Fairly Valued. The stock's GF Value™ is MAD636.33, compared to a current price of MAD605.00 — trading 4.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.16, which is near median its 10-year median of 2.16 and 34.3% below the Banks industry median of 3.29. Banque Marocaine pour le Commerce et l'Industrie's overall GF Score™ is 45/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Banque Marocaine pour le Commerce et l'Industrie (CAS:BCI), the current Cyclically Adjusted PS Ratio is 2.16 as of Jul. 09, 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 Banque Marocaine pour le Commerce et l'Industrie (CAS:BCI) Overvalued in 2026?

Based on GuruFocus' analysis, Banque Marocaine pour le Commerce et l'Industrie stock appears to be undervalued. The current stock price of MAD605.00 is trading 4.9% below its estimated GF Value™ of MAD636.33. GuruFocus considers Banque Marocaine pour le Commerce et l'Industrie to be Fairly Valued.

Key valuation signals for CAS:BCI:

  • Cyclically Adjusted PS Ratio: 2.16 (near median its 10-year median of 2.16)
  • GF Value™: MAD636.33 vs. price of MAD605.00 (4.9% below fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 34.3% below the Banks median (#373 of 1301)

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


Banque Marocaine pour le Commerce et l'Industrie Business Description

Address 26, place des Nations Unies, Casablanca, MAR, 20000
Banque Marocaine pour le Commerce et l'Industrie SA is a Morocco-based banking firm. The company provides retail and corporate banking services. It also provides investment, insurance, credit and other services. In addition, it offers remote banking, furniture and real estate leasing and asset management services.
45GF Score

Get the complete analysis for CAS:BCI

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD605.00
Price
MAD636.33
GF Value