Bank of Africa (LSE:69IR) Cyclically Adjusted PS Ratio: (As of Sep. 08, 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 2.06 2.12 2.35 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 2.35 2.21 3.12 0.00 2.18

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)
=0.892/330.2130*330.2130
=0.892

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 0.581 241.428 0.795
201612 0.691 241.432 0.945
201706 0.000 244.955 0.000
201709 0.653 246.819 0.874
201712 0.723 246.524 0.968
201803 0.661 249.554 0.875
201806 0.641 251.989 0.840
201809 0.648 252.439 0.848
201812 0.776 251.233 1.020
201903 0.685 254.202 0.890
201906 0.730 256.143 0.941
201909 0.637 256.759 0.819
201912 0.641 256.974 0.824
202003 0.530 258.115 0.678
202006 0.760 257.797 0.973
202009 0.629 260.280 0.798
202012 0.622 260.474 0.789
202103 0.639 264.877 0.797
202106 0.677 271.696 0.823
202109 0.684 274.310 0.823
202112 0.612 278.802 0.725
202203 0.666 287.504 0.765
202206 0.734 296.311 0.818
202209 0.686 296.808 0.763
202212 0.772 296.797 0.859
202303 0.705 301.836 0.771
202306 0.801 305.109 0.867
202309 0.819 307.789 0.879
202312 0.783 306.746 0.843
202403 0.818 312.332 0.865
202406 0.888 314.175 0.933
202409 0.869 315.301 0.910
202412 0.805 315.605 0.842
202503 0.909 319.799 0.939
202506 0.993 322.561 1.017
202512 0.000 324.054 0.000
202603 0.892 330.213 0.892

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.