GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Africa (CAS:BOA) » Definitions » Cyclically Adjusted Revenue per Share

Bank of Africa (CAS:BOA) Cyclically Adjusted Revenue per Share : MAD85.07 (As of Mar. 2024)


View and export this data going back to 1975. Start your Free Trial

What is Bank of Africa 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.

Bank of Africa's adjusted revenue per share for the three months ended in Mar. 2024 was MAD21.637. 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 MAD85.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bank of Africa's average Cyclically Adjusted Revenue Growth Rate was 3.90% 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), Bank of Africa's current stock price is MAD192.00. Bank of Africa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MAD85.07. Bank of Africa's Cyclically Adjusted PS Ratio of today is 2.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bank of Africa was 2.46. The lowest was 1.90. And the median was 2.15.


Bank of Africa Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Bank of Africa'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.

Bank of Africa Cyclically Adjusted Revenue per Share Chart

Bank of Africa 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 - - - 80.80 83.50

Bank of Africa 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 81.87 82.84 83.68 83.50 85.07

Competitive Comparison of Bank of Africa's Cyclically Adjusted Revenue per Share

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's Cyclically Adjusted PS Ratio Distribution in the 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 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, Bank of Africa'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)
=21.637/131.7762*131.7762
=21.637

Current CPI (Mar. 2024) = 131.7762.

Bank of Africa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 0.000 95.213 0.000
201206 0.000 96.819 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 16.553 101.861 21.414
201612 18.290 101.863 23.661
201706 0.000 103.349 0.000
201709 17.786 104.136 22.507
201712 19.700 104.011 24.959
201803 18.616 105.290 23.299
201806 17.453 106.317 21.632
201809 17.655 106.507 21.844
201812 19.373 105.998 24.084
201903 18.644 107.251 22.907
201906 18.996 108.070 23.163
201909 18.742 108.329 22.799
201912 15.619 108.420 18.984
202003 14.433 108.902 17.465
202006 19.970 108.767 24.195
202009 17.950 109.815 21.540
202012 14.916 109.897 17.886
202103 16.914 111.754 19.944
202106 17.126 114.631 19.687
202109 18.894 115.734 21.513
202112 14.438 117.630 16.174
202203 17.618 121.301 19.139
202206 19.421 125.017 20.471
202209 18.474 125.227 19.440
202212 20.422 125.222 21.491
202303 18.652 127.348 19.301
202306 21.203 128.729 21.705
202309 21.673 129.860 21.993
202312 21.530 129.419 21.922
202403 21.637 131.776 21.637

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


Bank of Africa  (CAS:BOA) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=192.00/85.07
=2.26

* 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 Bank of Africa was 2.46. The lowest was 1.90. And the median was 2.15.


Be Aware

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


Bank of Africa Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Bank of Africa's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank of Africa Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Africa (CAS:BOA) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
140 Avenue Hassan II, Casablanca, MAR, 20000
Bank of Africa, formerly Banque Marocaine Du Commerce Exterieur SA is a full-service commercial bank with operations in Morocco and neighboring countries in Africa but also in Europe, China, and Canada. It offers a range of financial services to individual, corporate, and professional clients, including banking, insurance, and asset management. Its products include accounts, credit cards, loans, and other savings and investment products. The bank focuses on developing its core business with stronger market penetration of small and medium-sized businesses and younger customers.

Bank of Africa Headlines

No Headlines