Attijariwafa Bank (CAS:ATW) PB Ratio: 1.92 (As of Jun. 25, 2026) — Near Median


CAS:ATW Attijariwafa Bank SA CAS:ATW
72 GF Score
Price MAD689.00
GF Value MAD640.85
Valuation Fairly Valued
! 2 Warning Signs
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What is Attijariwafa Bank PB Ratio?

Attijariwafa Bank CAS:ATW +0.16% 72 PB Ratio is 1.92 as of Jun. 25, 2026, which is 1% above its 10-year median of 1.91. GuruFocus rates CAS:ATW with a GF Score™ of 72/100 and a GF Value™ of MAD640.85 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,516 Banks companies, Attijariwafa Bank ranks worse than 87.47% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-25), Attijariwafa Bank's share price is MAD689.00. Attijariwafa Bank's Book Value per Share for the quarter that ended in Mar. 2026 was MAD358.69. Hence, Attijariwafa Bank's PB Ratio of today is 1.92.

Good Sign:

Attijariwafa Bank SA stock PB Ratio (=1.92) is close to 2-year low of 1.73.

The historical rank and industry rank for Attijariwafa Bank's PB Ratio or its related term are showing as below:

CAS:ATW' s PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 1.91   Max: 2.5
Current: 1.92

During the past 13 years, Attijariwafa Bank's highest PB Ratio was 2.50. The lowest was 1.32. And the median was 1.91.

CAS:ATW's PB Ratio is ranked worse than
87.47% of 1516 companies
in the Banks industry
Industry Median: 1.08 vs CAS:ATW: 1.92

During the past 12 months, Attijariwafa Bank's average Book Value Per Share Growth Rate was 10.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Attijariwafa Bank was 24.60% per year. The lowest was 3.70% per year. And the median was 6.55% per year.

Back to Basics: PB Ratio


Attijariwafa Bank  (CAS:ATW) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Attijariwafa Bank PB Ratio Related Terms


Attijariwafa Bank PB Ratio Historical Data

* Premium members only.

The historical data trend for Attijariwafa Bank's PB 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.

Attijariwafa Bank PB Ratio Chart

Attijariwafa Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 1.45 1.61 1.84 2.12

Attijariwafa Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB 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 2.16 2.12 2.24 2.12 1.91

CAS:ATW vs JPM, BAC, WFC: PB Ratio Comparison

For the Banks - Diversified subindustry, Attijariwafa Bank's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio vs Banks Industry

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

* The bar in red indicates where Attijariwafa Bank's PB Ratio falls into.


CAS:ATW
72GF Score
Attijariwafa Bank SA CAS:ATW
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Attijariwafa Bank PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Attijariwafa Bank's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=689.00/358.689
=1.92

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.92 mean?
Attijariwafa Bank (CAS:ATW) has a PB Ratio of 1.92 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Attijariwafa Bank and its competitors. This is near median its historical median of 1.91. Over the past decade, Attijariwafa Bank's PB Ratio has ranged from 1.32 to 2.50. According to the industry distribution chart, Attijariwafa Bank ranks #1326 out of 1516 companies in the Banks industry, placing it in the top 87.5%.
Is Attijariwafa Bank's PB Ratio too high?
Attijariwafa Bank's current PB Ratio of 1.92 is near median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 2.50. The Banks industry median PB Ratio is 1.08. Attijariwafa Bank's value of 1.92 is 77.8% above this industry median. Based on the distribution chart, Attijariwafa Bank ranks #1326 out of 1516 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Attijariwafa Bank has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Attijariwafa Bank's PB Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Attijariwafa Bank ranks #1326 out of 1516 companies for PB Ratio. This places Attijariwafa Bank in the lower half of its industry. The industry median PB Ratio is 1.08. Attijariwafa Bank's value of 1.92 is 77.8% above this benchmark. Historically, Attijariwafa Bank's own PB Ratio has ranged from 1.32 to 2.50 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.08, Attijariwafa Bank has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Banks company?
The median PB Ratio among Banks companies is 1.08, based on 1,516 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Attijariwafa Bank's current PB Ratio of 1.92 is 77.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Attijariwafa Bank and its competitors. For the Banks industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Attijariwafa Bank's current PB Ratio is 1.92, which is near median its own 10-year median of 1.91. 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 MAD640.85, compared to a current price of MAD689.00 — trading 7.5% above its estimated fair value. The current PB Ratio is 1.92, which is near median its 10-year median of 1.91 and 77.8% above the Banks industry median of 1.08. Attijariwafa Bank's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Attijariwafa Bank (CAS:ATW), the current PB Ratio is 1.92 as of Jun. 25, 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 MAD689.00 is trading 7.5% above its estimated GF Value™ of MAD640.85. GuruFocus considers Attijariwafa Bank to be Fairly Valued.

Key valuation signals for CAS:ATW:

  • PB Ratio: 1.92 (near median its 10-year median of 1.91)
  • GF Value™: MAD640.85 vs. price of MAD689.00 (7.5% above fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 77.8% above the Banks median (#1326 of 1516)

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.
72GF Score

Get the complete analysis for CAS:ATW

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD689.00
Price
MAD640.85
GF Value