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Banque Marocaine pour le Commerce et l'Industrie (CAS:BCI) Cyclically Adjusted Revenue per Share : MAD262.99 (As of Mar. 2024)


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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 Mar. 2024 was MAD72.796. 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 MAD262.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Banque Marocaine pour le Commerce et l'Industrie's average Cyclically Adjusted Revenue Growth Rate was 5.70% 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.

As of today (2024-09-21), Banque Marocaine pour le Commerce et l'Industrie's current stock price is MAD630.00. Banque Marocaine pour le Commerce et l'Industrie's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MAD262.99. Banque Marocaine pour le Commerce et l'Industrie's Cyclically Adjusted PS Ratio of today is 2.40.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Banque Marocaine pour le Commerce et l'Industrie was 2.47. The lowest was 1.25. And the median was 2.03.


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
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 248.85 250.44 254.85 257.36 262.99

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 Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=72.796/131.7762*131.7762
=72.796

Current CPI (Mar. 2024) = 131.7762.

Banque Marocaine pour le Commerce et l'Industrie Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 0.000 95.213 0.000
201212 0.000 96.871 0.000
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 76.519
201612 58.074 101.863 75.128
201703 57.600 102.862 73.791
201706 57.837 103.349 73.746
201709 57.707 104.136 73.024
201712 57.776 104.011 73.199
201803 62.351 105.290 78.036
201806 54.641 106.317 67.726
201809 60.884 106.507 75.329
201812 43.659 105.998 54.277
201903 63.139 107.251 77.577
201906 50.341 108.070 61.384
201909 63.941 108.329 77.780
201912 35.426 108.420 43.058
202003 48.818 108.902 59.072
202006 58.742 108.767 71.168
202009 53.320 109.815 63.983
202012 11.331 109.897 13.587
202103 60.786 111.754 71.676
202106 60.538 114.631 69.592
202109 60.120 115.734 68.453
202112 34.997 117.630 39.206
202203 59.171 121.301 64.281
202206 47.800 125.017 50.384
202209 67.439 125.227 70.966
202212 47.116 125.222 49.582
202303 63.440 127.348 65.646
202306 55.118 128.729 56.423
202309 79.146 129.860 80.314
202312 88.852 129.419 90.470
202403 72.796 131.776 72.796

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
=630.00/262.99
=2.40

* 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 2.47. The lowest was 1.25. And the median was 2.03.


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

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