Credit du Maroc (CAS:CDM) PE Ratio without NRI: 10.92 (As of Jun. 25, 2026) — 24% Below Median


CAS:CDM Credit du Maroc SA CAS:CDM
56 GF Score
Price MAD990.00
GF Value MAD1,078.34
Valuation Fairly Valued
! 2 Warning Signs
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What is Credit du Maroc PE Ratio without NRI?

Credit du Maroc CAS:CDM +1.02% 56 PE Ratio without NRI is 10.92 as of Jun. 25, 2026, which is 24% below its 10-year median of 14.46. GuruFocus rates CAS:CDM with a GF Score™ of 56/100 and a GF Value™ of MAD1,078.34 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,445 Banks companies, Credit du Maroc ranks better than 53.63% on this metric.

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-06-25), Credit du Maroc's share price is MAD990.00. Credit du Maroc's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was MAD90.65. Therefore, Credit du Maroc's PE Ratio without NRI for today is 10.92.

During the past 13 years, Credit du Maroc's highest PE Ratio without NRI was 45.35. The lowest was 7.36. And the median was 14.46.

Credit du Maroc's EPS without NRI for the three months ended in Mar. 2026 was MAD24.98. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was MAD90.65.

As of today (2026-06-25), Credit du Maroc's share price is MAD990.00. Credit du Maroc's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MAD86.13. Therefore, Credit du Maroc's PE Ratio (TTM) for today is 11.49.

Good Sign:

Credit du Maroc SA stock PE Ratio (=11.89) is close to 3-year low of 11.49.

During the past years, Credit du Maroc's highest PE Ratio (TTM) was 46.29. The lowest was 7.27. And the median was 15.35.

Credit du Maroc's EPS (Diluted) for the three months ended in Mar. 2026 was MAD24.98. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MAD86.13.

Credit du Maroc's EPS (Basic) for the three months ended in Mar. 2026 was MAD24.98. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was MAD86.13.


Credit du Maroc  (CAS:CDM) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


Credit du Maroc PE Ratio without NRI Related Terms


Credit du Maroc PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Credit du Maroc's PE Ratio without NRI 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.

Credit du Maroc PE Ratio without NRI Chart

Credit du Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.43 16.90 16.35 12.81 12.40

Credit du Maroc Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio without NRI 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 15.43 14.23 12.12 12.40 11.10

CAS:CDM vs PNC, USB: PE Ratio without NRI Comparison

For the Banks - Regional subindustry, Credit du Maroc's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.


Credit du Maroc PE Ratio without NRI vs Banks Industry

For the Banks industry and Financial Services sector, Credit du Maroc's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Credit du Maroc's PE Ratio without NRI falls into.


CAS:CDM
56GF Score
Credit du Maroc SA CAS:CDM
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Credit du Maroc PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.

Credit du Maroc's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=990.00/90.651
=10.92

Credit du Maroc's Share Price of today is MAD990.00.
Credit du Maroc's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MAD90.65.

* 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.

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio without NRI →
What does a PE Ratio without NRI of 10.92 mean?
Credit du Maroc (CAS:CDM) has a PE Ratio without NRI of 10.92 as of Jun. 25, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Credit du Maroc and its competitors. This is 24% below median its historical median of 14.46. Over the past decade, Credit du Maroc's PE Ratio without NRI has ranged from 7.36 to 45.35. According to the industry distribution chart, Credit du Maroc ranks #670 out of 1445 companies in the Banks industry, placing it in the top 46.4%.
Is Credit du Maroc's PE Ratio without NRI too high?
Credit du Maroc's current PE Ratio without NRI of 10.92 is 24% below median its 10-year median of 14.46. Over the past 10 years, this metric has ranged from a low of 7.36 to a high of 45.35. The Banks industry median PE Ratio without NRI is 11.33. Credit du Maroc's value of 10.92 is 3.6% below this industry median. Based on the distribution chart, Credit du Maroc ranks #670 out of 1445 companies in the Banks industry, which is above the industry midpoint. Overall, Credit du Maroc has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Credit du Maroc's PE Ratio without NRI compare to PNC and USB?
According to the Banks industry distribution chart, Credit du Maroc ranks #670 out of 1445 companies for PE Ratio without NRI. This puts Credit du Maroc in the upper half of its industry. The industry median PE Ratio without NRI is 11.33. Credit du Maroc's value of 10.92 is 3.6% below this benchmark. Historically, Credit du Maroc's own PE Ratio without NRI has ranged from 7.36 to 45.35 over the past decade. While the company's 10-year median is 14.46 vs. the industry median of 11.33, Credit du Maroc has consistently been below 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 PE Ratio without NRI for a Banks company?
The median PE Ratio without NRI among Banks companies is 11.33, based on 1,445 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Credit du Maroc's current PE Ratio without NRI of 10.92 is 3.6% below 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Credit du Maroc and its competitors. For the Banks industry, the median PE Ratio without NRI is 11.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Credit du Maroc's current PE Ratio without NRI is 10.92, which is 24% below median its own 10-year median of 14.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credit du Maroc stock overvalued right now?
Based on GuruFocus' analysis, Credit du Maroc (CAS:CDM) is currently considered Fairly Valued. The stock's GF Value™ is MAD1,078.34, compared to a current price of MAD990.00 — trading 8.2% below its estimated fair value. The current PE Ratio without NRI is 10.92, which is 24% below median its 10-year median of 14.46 and 3.6% below the Banks industry median of 11.33. Credit du Maroc's overall GF Score™ is 56/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Credit du Maroc (CAS:CDM), the current PE Ratio without NRI is 10.92 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 Credit du Maroc (CAS:CDM) Overvalued in 2026?

Based on GuruFocus' analysis, Credit du Maroc stock appears to be undervalued. The current stock price of MAD990.00 is trading 8.2% below its estimated GF Value™ of MAD1,078.34. GuruFocus considers Credit du Maroc to be Fairly Valued.

Key valuation signals for CAS:CDM:

  • PE Ratio without NRI: 10.92 (24% below median its 10-year median of 14.46)
  • GF Value™: MAD1,078.34 vs. price of MAD990.00 (8.2% below fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 3.6% below the Banks median (#670 of 1445)

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


Credit du Maroc Business Description

Address 48-58 Bd. Mohammed V, Casablanca, MAR
Credit du Maroc SA provides banking services. The company provides commercial banking activities and financial. commercial. property-related activities for its customers in Morocco or overseas.
56GF Score

Get the complete analysis for CAS:CDM

PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD990.00
Price
MAD1,078.34
GF Value