Attijariwafa Bank (CAS:ATW) Cyclically Adjusted Revenue per Share: MAD157.65 (As of Mar. 2026)


CAS:ATW Attijariwafa Bank SA CAS:ATW
71 GF Score
Price MAD682.00
GF Value MAD643.24
Valuation Fairly Valued
! 4 Warning Signs
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What is Attijariwafa Bank Cyclically Adjusted Revenue per Share?

Attijariwafa Bank CAS:ATW -3.94% 71 Cyclically Adjusted Revenue per Share is MAD157.65 as of Mar. 2026. GuruFocus rates CAS:ATW with a GF Score™ of 71/100 and a GF Value™ of MAD643.24 (Fairly Valued). The stock has 4 warning signs investors should review.

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 Revenue per Share and 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.

Attijariwafa Bank's adjusted revenue per share for the three months ended in Mar. 2026 was MAD48.662. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MAD157.65 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Attijariwafa Bank's average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Attijariwafa Bank was 4.70% per year. The lowest was 4.70% per year. And the median was 4.70% per year.

As of today (2026-07-08), Attijariwafa Bank's current stock price is MAD682.00. Attijariwafa Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MAD157.65. Attijariwafa Bank's Cyclically Adjusted PS Ratio of today is 4.33.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Attijariwafa Bank was 5.17. The lowest was 2.67. And the median was 3.62.


Attijariwafa Bank  (CAS:ATW) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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.

Attijariwafa Bank's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=682.00/157.65
=4.33

* 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 PS Ratio of Attijariwafa Bank was 5.17. The lowest was 2.67. And the median was 3.62.


Be Aware

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


Attijariwafa Bank Cyclically Adjusted Revenue per Share Related Terms


Attijariwafa Bank Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Attijariwafa Bank's Cyclically Adjusted Revenue 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.

Attijariwafa Bank Cyclically Adjusted Revenue per Share Chart

Attijariwafa Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 134.28 140.58 148.13 154.17

Attijariwafa Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue 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 151.11 152.77 155.00 154.17 157.65

CAS:ATW vs JPM, BAC, WFC: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Diversified subindustry, Attijariwafa Bank'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.


Attijariwafa Bank Cyclically Adjusted PS Ratio vs Banks Industry

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

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


CAS:ATW
71GF Score
Attijariwafa Bank SA CAS:ATW
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Attijariwafa Bank Cyclically Adjusted Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

For example, Attijariwafa Bank'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)
=48.662/330.2130*330.2130
=48.662

Current CPI (Mar. 2026) = 330.2130.

Attijariwafa Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 34.039 241.018 46.636
201609 30.201 241.428 41.307
201612 4.737 241.432 6.479
201703 34.093 243.801 46.177
201706 36.013 244.955 48.548
201709 36.442 246.819 48.755
201712 2.603 246.524 3.487
201803 36.676 249.554 48.530
201806 39.808 251.989 52.165
201809 36.424 252.439 47.646
201812 1.476 251.233 1.940
201903 40.425 254.202 52.513
201906 41.791 256.143 53.876
201909 40.457 256.759 52.031
201912 -0.825 256.974 -1.060
202003 41.413 258.115 52.981
202006 42.475 257.797 54.406
202009 36.899 260.280 46.813
202012 1.487 260.474 1.885
202103 42.970 264.877 53.569
202106 45.750 271.696 55.603
202109 40.465 274.310 48.712
202112 -5.801 278.802 -6.871
202203 43.894 287.504 50.414
202206 20.883 296.311 23.272
202209 33.670 296.808 37.459
202212 31.756 296.797 35.331
202303 35.598 301.836 38.945
202306 37.793 305.109 40.903
202309 42.238 307.789 45.315
202312 36.890 306.746 39.712
202403 44.166 312.332 46.695
202406 41.517 314.175 43.636
202409 46.071 315.301 48.250
202412 43.623 315.605 45.642
202503 46.875 319.799 48.401
202506 41.447 322.561 42.430
202509 49.900 324.800 50.732
202512 33.946 324.054 34.591
202603 48.662 330.213 48.662

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of MAD157.65 mean?
Attijariwafa Bank (CAS:ATW) has a Cyclically Adjusted Revenue per Share of MAD157.65 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Attijariwafa Bank and its competitors.
Is Attijariwafa Bank's Cyclically Adjusted Revenue per Share too high?
Attijariwafa Bank's current Cyclically Adjusted Revenue per Share is MAD157.65. Overall, Attijariwafa Bank has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Attijariwafa Bank's Cyclically Adjusted Revenue per Share compare to JPM and BAC?
Attijariwafa Bank's Cyclically Adjusted Revenue per Share of MAD157.65 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Attijariwafa Bank and its competitors. Attijariwafa Bank's current Cyclically Adjusted Revenue per Share is MAD157.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Attijariwafa Bank stock overvalued right now?
Based on GuruFocus' analysis, Attijariwafa Bank (CAS:ATW) is currently considered Fairly Valued. The stock's GF Value™ is MAD643.24, compared to a current price of MAD682.00 — trading 6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MAD157.65. Attijariwafa Bank's overall GF Score™ is 71/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Attijariwafa Bank (CAS:ATW), the current Cyclically Adjusted Revenue per Share is MAD157.65 as of Mar. 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 Attijariwafa Bank (CAS:ATW) Overvalued in 2026?

Based on GuruFocus' analysis, Attijariwafa Bank stock appears to be overvalued. The current stock price of MAD682.00 is trading 6% above its estimated GF Value™ of MAD643.24. GuruFocus considers Attijariwafa Bank to be Fairly Valued.

Key valuation signals for CAS:ATW:

  • Cyclically Adjusted Revenue per Share: MAD157.65
  • GF Value™: MAD643.24 vs. price of MAD682.00 (6% above fair value)
  • GF Score™: 71/100 with 4 warning signs

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


Attijariwafa Bank Business Description

Address 2, Boulevard Moulay Youssef, PO Box No. 20000, Casablanca, MAR
Attijariwafa Bank SA is a Morrocan based financial and banking group. It is engaged in the provision of banking and insurance products and services. The company's banking activities include personal and professional banking, corporate banking, investment banking and international banking.
71GF Score

Get the complete analysis for CAS:ATW

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

MAD682.00
Price
MAD643.24
GF Value