Bank of Africa (LSE:69IR) Cyclically Adjusted PS Ratio: (As of Jul. 25, 2026)

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What is Bank of Africa Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Africa  (LSE:69IR) 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.


Bank of Africa Cyclically Adjusted PS Ratio Related Terms


Bank of Africa Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bank of Africa'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.

Bank of Africa Cyclically Adjusted PS Ratio Chart

Bank of Africa 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 2.10 2.16 2.39 0.00

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
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 2.39 2.25 3.17 0.00 2.21

LSE:69IR vs JPM, BAC, WFC: Cyclically Adjusted PS Ratio Comparison

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


Bank of Africa Cyclically Adjusted PS Ratio vs Banks Industry

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

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



Bank of Africa 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.

Bank of Africa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bank of Africa'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)
=0.894/330.2130*330.2130
=0.894

Current CPI (Mar. 2026) = 330.2130.

Bank of Africa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.000 238.638 0.000
201512 0.000 236.525 0.000
201606 0.000 241.018 0.000
201609 0.609 241.428 0.833
201612 0.673 241.432 0.920
201706 0.000 244.955 0.000
201709 0.655 246.819 0.876
201712 0.725 246.524 0.971
201803 0.663 249.554 0.877
201806 0.642 251.989 0.841
201809 0.650 252.439 0.850
201812 0.713 251.233 0.937
201903 0.686 254.202 0.891
201906 0.699 256.143 0.901
201909 0.667 256.759 0.858
201912 0.575 256.974 0.739
202003 0.531 258.115 0.679
202006 0.735 257.797 0.941
202009 0.658 260.280 0.835
202012 0.565 260.474 0.716
202103 0.641 264.877 0.799
202106 0.649 271.696 0.789
202109 0.716 274.310 0.862
202112 0.547 278.802 0.648
202203 0.667 287.504 0.766
202206 0.735 296.311 0.819
202209 0.687 296.808 0.764
202212 0.679 296.797 0.755
202303 0.706 301.836 0.772
202306 0.803 305.109 0.869
202309 0.821 307.789 0.881
202312 0.785 306.746 0.845
202403 0.819 312.332 0.866
202406 0.890 314.175 0.935
202409 0.871 315.301 0.912
202412 0.738 315.605 0.772
202503 0.911 319.799 0.941
202506 0.995 322.561 1.019
202512 0.000 324.054 0.000
202603 0.894 330.213 0.894

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.


Bank of Africa Business Description

Other Exchanges BOA:Morocco
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.