Banque Centrale Populaire (CAS:BCP) Cyclically Adjusted PS Ratio: 1.87 (As of Sep. 16, 2026) — 20% Below Median

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CAS:BCP Banque Centrale Populaire SA CAS:BCP
52 GF Score
Price MAD241.00
GF Value MAD353.32
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Banque Centrale Populaire Cyclically Adjusted PS Ratio?

Banque Centrale Populaire CAS:BCP -0.66% 52 Cyclically Adjusted PS Ratio is 1.87 as of Sep. 16, 2026, which is 20% below its 10-year median of 2.35. GuruFocus rates CAS:BCP with a GF Score™ of 52/100 and a GF Value™ of MAD353.32 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,301 Banks companies, Banque Centrale Populaire ranks better than 75.25% on this metric.

As of today (2026-09-16), Banque Centrale Populaire's current share price is MAD241.00. Banque Centrale Populaire's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was MAD129.13. Banque Centrale Populaire's Cyclically Adjusted PS Ratio for today is 1.87.

The historical rank and industry rank for Banque Centrale Populaire's Cyclically Adjusted PS Ratio or its related term are showing as below:

CAS:BCP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.77   Med: 2.35   Max: 2.83
Current: 2.05

During the past years, Banque Centrale Populaire's highest Cyclically Adjusted PS Ratio was 2.83. The lowest was 1.77. And the median was 2.35.

CAS:BCP's Cyclically Adjusted PS Ratio is ranked better than
75.25% of 1301 companies
in the Banks industry
Industry Median: 3.45 vs CAS:BCP: 2.05

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 Centrale Populaire's adjusted revenue per share data for the three months ended in Dec. 2025 was MAD33.562. 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 MAD129.13 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banque Centrale Populaire  (CAS:BCP) 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 Centrale Populaire Cyclically Adjusted PS Ratio Related Terms


Banque Centrale Populaire Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Banque Centrale Populaire'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 Centrale Populaire Cyclically Adjusted PS Ratio Chart

Banque Centrale Populaire 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 2.63 2.00 2.29 2.21 2.25

Banque Centrale Populaire Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2.21 2.25 2.28 2.30 2.25

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

For the Banks - Regional subindustry, Banque Centrale Populaire'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 Centrale Populaire Cyclically Adjusted PS Ratio vs Banks Industry

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

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


CAS:BCP
52GF Score
Banque Centrale Populaire SA CAS:BCP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banque Centrale Populaire 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 Centrale Populaire's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=241.00/129.13
=1.87

* 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 Centrale Populaire's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Banque Centrale Populaire's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=33.562/324.0540*324.0540
=33.562

Current CPI (Dec. 2025) = 324.0540.

Banque Centrale Populaire Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 46.654 238.638 63.353
201512 44.275 236.525 60.660
201606 47.209 241.018 63.474
201612 58.001 241.432 77.850
201703 23.739 243.801 31.553
201706 28.729 244.955 38.006
201709 31.319 246.819 41.119
201712 32.799 246.524 43.114
201803 24.333 249.554 31.597
201806 24.646 251.989 31.694
201809 23.361 252.439 29.988
201812 24.886 251.233 32.099
201903 24.840 254.202 31.666
201906 24.046 256.143 30.421
201909 22.941 256.759 28.954
201912 24.810 256.974 31.286
202003 24.092 258.115 30.247
202006 29.683 257.797 37.312
202009 23.956 260.280 29.826
202012 26.495 260.474 32.962
202103 25.713 264.877 31.458
202106 28.792 271.696 34.340
202109 26.106 274.310 30.840
202112 28.112 278.802 32.675
202203 26.140 287.504 29.463
202206 27.548 296.311 30.127
202209 24.812 296.808 27.090
202212 27.676 296.797 30.218
202303 22.067 301.836 23.691
202306 35.660 305.109 37.874
202309 30.747 307.789 32.372
202312 27.813 306.746 29.382
202403 30.305 312.332 31.442
202406 34.692 314.175 35.783
202409 33.325 315.301 34.250
202412 30.129 315.605 30.936
202503 35.099 319.799 35.566
202506 35.245 322.561 35.408
202509 32.877 324.800 32.801
202512 33.562 324.054 33.562

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 1.87 mean?
Banque Centrale Populaire (CAS:BCP) has a Cyclically Adjusted PS Ratio of 1.87 as of Sep. 16, 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 Centrale Populaire and its competitors. This is 20% below median its historical median of 2.35. Over the past decade, Banque Centrale Populaire's Cyclically Adjusted PS Ratio has ranged from 1.77 to 2.83. According to the industry distribution chart, Banque Centrale Populaire ranks #322 out of 1301 companies in the Banks industry, placing it in the top 24.8%.
Is Banque Centrale Populaire's Cyclically Adjusted PS Ratio too high?
Banque Centrale Populaire's current Cyclically Adjusted PS Ratio of 1.87 is 20% below median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 2.83. The Banks industry median Cyclically Adjusted PS Ratio is 3.45. Banque Centrale Populaire's value of 1.87 is 45.8% below this industry median. Based on the distribution chart, Banque Centrale Populaire ranks #322 out of 1301 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Banque Centrale Populaire has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Banque Centrale Populaire's Cyclically Adjusted PS Ratio compare to USB and PNC?
According to the Banks industry distribution chart, Banque Centrale Populaire ranks #322 out of 1301 companies for Cyclically Adjusted PS Ratio. This places Banque Centrale Populaire in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.45. Banque Centrale Populaire's value of 1.87 is 45.8% below this benchmark. Historically, Banque Centrale Populaire's own Cyclically Adjusted PS Ratio has ranged from 1.77 to 2.83 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 3.45, Banque Centrale Populaire 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 3.45, 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 Centrale Populaire's current Cyclically Adjusted PS Ratio of 1.87 is 45.8% 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 Centrale Populaire and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banque Centrale Populaire's current Cyclically Adjusted PS Ratio is 1.87, which is 20% below median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banque Centrale Populaire stock overvalued right now?
Based on GuruFocus' analysis, Banque Centrale Populaire (CAS:BCP) is currently considered Significantly Undervalued. The stock's GF Value™ is MAD353.32, compared to a current price of MAD241.00 — trading 31.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.87, which is 20% below median its 10-year median of 2.35 and 45.8% below the Banks industry median of 3.45. Banque Centrale Populaire's overall GF Score™ is 52/100 with 1 warning sign 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 Centrale Populaire (CAS:BCP), the current Cyclically Adjusted PS Ratio is 1.87 as of Sep. 16, 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 Centrale Populaire (CAS:BCP) Overvalued in 2026?

Based on GuruFocus' analysis, Banque Centrale Populaire stock appears to be undervalued. The current stock price of MAD241.00 is trading 31.8% below its estimated GF Value™ of MAD353.32. GuruFocus considers Banque Centrale Populaire to be Significantly Undervalued.

Key valuation signals for CAS:BCP:

  • Cyclically Adjusted PS Ratio: 1.87 (20% below median its 10-year median of 2.35)
  • GF Value™: MAD353.32 vs. price of MAD241.00 (31.8% below fair value)
  • GF Score™: 52/100 with 1 warning sign
  • Industry Position: 45.8% below the Banks median (#322 of 1301)

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


Banque Centrale Populaire Business Description

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.
52GF Score

Get the complete analysis for CAS:BCP

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

MAD241.00
Price
MAD353.32
GF Value