Bank of Africa (CAS:BOA) PS Ratio: 4.03 (As of Jul. 02, 2026) — 64% Above Median


CAS:BOA Bank of Africa CAS:BOA
45 GF Score
Price MAD196.25
GF Value MAD222.74
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Bank of Africa PS Ratio?

Bank of Africa CAS:BOA +1.34% 45 PS Ratio is 4.03 as of Jul. 02, 2026, which is 64% above its 10-year median of 2.46. GuruFocus rates CAS:BOA with a GF Score™ of 45/100 and a GF Value™ of MAD222.74 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,517 Banks companies, Bank of Africa ranks worse than 71.19% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Bank of Africa's share price is MAD196.25. Bank of Africa's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was MAD48.65. Hence, Bank of Africa's PS Ratio for today is 4.03.

The historical rank and industry rank for Bank of Africa's PS Ratio or its related term are showing as below:

CAS:BOA' s PS Ratio Range Over the Past 10 Years
Min: 1.74   Med: 2.46   Max: 13.26
Current: 4.03

During the past 13 years, Bank of Africa's highest PS Ratio was 13.26. The lowest was 1.74. And the median was 2.46.

CAS:BOA's PS Ratio is ranked worse than
71.19% of 1517 companies
in the Banks industry
Industry Median: 2.97 vs CAS:BOA: 4.03

Bank of Africa's Revenue per Sharefor the three months ended in Mar. 2026 was MAD22.77. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was MAD48.65.

Warning Sign:

Bank of Africa revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Bank of Africa was -17.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 8.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 7.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.60% per year.

During the past 13 years, Bank of Africa's highest 3-Year average Revenue per Share Growth Rate was 20.20% per year. The lowest was -4.20% per year. And the median was 7.00% per year.

Back to Basics: PS Ratio


Bank of Africa  (CAS:BOA) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio 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

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Bank of Africa PS Ratio Related Terms


Bank of Africa PS Ratio Historical Data

* Premium members only.

The historical data trend for Bank of Africa's PS 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.

Bank of Africa PS Ratio Chart

Bank of Africa Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.70 2.31 2.18 2.37 2.43

Bank of Africa Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25 Mar26
PS 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 2.37 2.19 3.05 2.43 4.11

CAS:BOA vs JPM, BAC, WFC: PS Ratio Comparison

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

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

* The bar in red indicates where Bank of Africa's PS Ratio falls into.


CAS:BOA
45GF Score
Bank of Africa CAS:BOA
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bank of Africa PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Bank of Africa's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=196.25/48.653
=4.03

Bank of Africa's Share Price of today is MAD196.25.
Bank of Africa's Revenue per Share 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 MAD48.65.

* 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.

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

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 4.03 mean?
Bank of Africa (CAS:BOA) has a PS Ratio of 4.03 as of Jul. 02, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Bank of Africa and its competitors. This is 64% above median its historical median of 2.46. Over the past decade, Bank of Africa's PS Ratio has ranged from 1.74 to 13.26. According to the industry distribution chart, Bank of Africa ranks #1080 out of 1517 companies in the Banks industry, placing it in the top 71.2%.
Is Bank of Africa's PS Ratio too high?
Bank of Africa's current PS Ratio of 4.03 is 64% above median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 13.26. The Banks industry median PS Ratio is 2.97. Bank of Africa's value of 4.03 is 35.7% above this industry median. Based on the distribution chart, Bank of Africa ranks #1080 out of 1517 companies in the Banks industry, which is below the industry midpoint. Overall, Bank of Africa has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Africa's PS Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Bank of Africa ranks #1080 out of 1517 companies for PS Ratio. This places Bank of Africa in the lower half of its industry. The industry median PS Ratio is 2.97. Bank of Africa's value of 4.03 is 35.7% above this benchmark. Historically, Bank of Africa's own PS Ratio has ranged from 1.74 to 13.26 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 2.97, Bank of Africa 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 PS Ratio for a Banks company?
The median PS Ratio among Banks companies is 2.97, based on 1,517 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bank of Africa's current PS Ratio of 4.03 is 35.7% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Bank of Africa and its competitors. For the Banks industry, the median PS Ratio is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Africa's current PS Ratio is 4.03, which is 64% above median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Africa stock overvalued right now?
Based on GuruFocus' analysis, Bank of Africa (CAS:BOA) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD222.74, compared to a current price of MAD196.25 — trading 11.9% below its estimated fair value. The current PS Ratio is 4.03, which is 64% above median its 10-year median of 2.46 and 35.7% above the Banks industry median of 2.97. Bank of Africa's overall GF Score™ is 45/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Bank of Africa (CAS:BOA), the current PS Ratio is 4.03 as of Jul. 02, 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 Bank of Africa (CAS:BOA) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Africa stock appears to be undervalued. The current stock price of MAD196.25 is trading 11.9% below its estimated GF Value™ of MAD222.74. GuruFocus considers Bank of Africa to be Modestly Undervalued.

Key valuation signals for CAS:BOA:

  • PS Ratio: 4.03 (64% above median its 10-year median of 2.46)
  • GF Value™: MAD222.74 vs. price of MAD196.25 (11.9% below fair value)
  • GF Score™: 45/100 with 2 warning signs
  • Industry Position: 35.7% above the Banks median (#1080 of 1517)

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


Bank of Africa Business Description

Address Lotissement Mandarona Lot N 1, Imm. Promoffice Sidi Maarouf, Casablanca, MAR, 20000
Bank of Africa is a commercial bank operating in Morocco and multiple African countries, with additional offices in Europe, China, and Canada. It provides financial services to individuals, businesses, and public institutions, including banking, insurance, asset management, leasing, and investment services. Its offerings include accounts, cards, loans, and savings products. The bank operates through a network of subsidiaries and focuses on expanding its services to small and medium-sized enterprises and developing digital banking channels across its markets.
45GF Score

Get the complete analysis for CAS:BOA

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

MAD196.25
Price
MAD222.74
GF Value