GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banque Marocaine pour le Commerce et l'Industrie SA (CAS:BCI) » Definitions » Cyclically Adjusted Revenue per Share

Banque Marocaine pour le Commerce et l'Industrie (CAS:BCI) Cyclically Adjusted Revenue per Share : MAD267.64 (As of Sep. 2024)


View and export this data going back to 1972. Start your Free Trial

What is Banque Marocaine pour le Commerce et l'Industrie Cyclically Adjusted Revenue per Share?

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.

Banque Marocaine pour le Commerce et l'Industrie's adjusted revenue per share for the three months ended in Sep. 2024 was MAD85.481. 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 MAD267.64 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Banque Marocaine pour le Commerce et l'Industrie's average Cyclically Adjusted Revenue Growth Rate was 5.00% 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.

As of today (2025-01-19), Banque Marocaine pour le Commerce et l'Industrie's current stock price is MAD655.00. Banque Marocaine pour le Commerce et l'Industrie's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was MAD267.64. Banque Marocaine pour le Commerce et l'Industrie's Cyclically Adjusted PS Ratio of today is 2.45.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Banque Marocaine pour le Commerce et l'Industrie was 2.48. The lowest was 1.25. And the median was 2.11.


Banque Marocaine pour le Commerce et l'Industrie Cyclically Adjusted Revenue per Share Historical Data

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

* Premium members only.

Banque Marocaine pour le Commerce et l'Industrie Cyclically Adjusted Revenue per Share Chart

Banque Marocaine pour le Commerce et l'Industrie Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 244.51 257.36

Banque Marocaine pour le Commerce et l'Industrie Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 254.85 257.36 262.99 264.37 267.64

Competitive Comparison of Banque Marocaine pour le Commerce et l'Industrie's Cyclically Adjusted Revenue per Share

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's Cyclically Adjusted PS Ratio Distribution in the 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.



Banque Marocaine pour le Commerce et l'Industrie 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, Banque Marocaine pour le Commerce et l'Industrie's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=85.481/133.0289*133.0289
=85.481

Current CPI (Sep. 2024) = 133.0289.

Banque Marocaine pour le Commerce et l'Industrie Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 0.000 98.518 0.000
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201512 0.000 99.792 0.000
201606 0.000 101.688 0.000
201609 59.148 101.861 77.246
201612 58.074 101.863 75.842
201703 57.600 102.862 74.493
201706 57.837 103.349 74.447
201709 57.707 104.136 73.718
201712 57.776 104.011 73.895
201803 62.351 105.290 78.778
201806 54.641 106.317 68.370
201809 60.884 106.507 76.045
201812 43.659 105.998 54.793
201903 63.139 107.251 78.315
201906 50.341 108.070 61.968
201909 63.941 108.329 78.520
201912 35.426 108.420 43.467
202003 48.818 108.902 59.634
202006 58.742 108.767 71.845
202009 53.320 109.815 64.591
202012 11.331 109.897 13.716
202103 60.786 111.754 72.358
202106 60.538 114.631 70.254
202109 60.120 115.734 69.104
202112 34.997 117.630 39.579
202203 59.171 121.301 64.892
202206 47.800 125.017 50.863
202209 67.439 125.227 71.641
202212 47.116 125.222 50.054
202303 63.440 127.348 66.270
202306 55.118 128.729 56.959
202309 79.146 129.860 81.078
202312 88.852 129.419 91.330
202403 72.796 131.776 73.488
202406 64.772 132.554 65.004
202409 85.481 133.029 85.481

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


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

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=655.00/267.64
=2.45

* 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 Banque Marocaine pour le Commerce et l'Industrie was 2.48. The lowest was 1.25. And the median was 2.11.


Be Aware

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


Banque Marocaine pour le Commerce et l'Industrie Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Banque Marocaine pour le Commerce et l'Industrie's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Banque Marocaine pour le Commerce et l'Industrie Business Description

Traded in Other Exchanges
N/A
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.

Banque Marocaine pour le Commerce et l'Industrie Headlines

From GuruFocus

Aberdeen Standard Investments Reduces Fee for Commodity ETF

By PRNewswire PRNewswire 12-14-2018