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Bank of AfricaCAS:BOA +0.52%45 Shiller PE Ratio is 15.13 as of Sep. 09, 2026, which is 13% below its 10-year median of 17.38. GuruFocus rates CAS:BOA with a GF Score™ of 45/100 and a GF Value™ of MAD224.32 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,235 Banks companies, Bank of Africa ranks worse than 56.84% on this metric.
As of today (2026-09-09), Bank of Africa's current share price is MAD192.00. Bank of Africa's E10 for the quarter that ended in Mar. 2026 was MAD12.69. Bank of Africa's Shiller PE Ratio for today is 15.13.
The historical rank and industry rank for Bank of Africa's Shiller PE Ratio or its related term are showing as below:
CAS:BOA'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.74 Med: 17.38 Max: 23.38
Current: 15.05
During the past years, Bank of Africa's highest Shiller PE Ratio was 23.38. The lowest was 14.74. And the median was 17.38.
CAS:BOA's Shiller PE Ratio is ranked worse than 56.84% of 1235
companies
in the Banks industry
Industry Median: 13.91
vs CAS:BOA: 15.05
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.
Bank of Africa's adjusted earnings per share data for the three months ended in Mar. 2026 was MAD4.552. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MAD12.69 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Bank of Africa (CAS:BOA) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Bank of Africa Shiller PE Ratio Related Terms
Bank of Africa Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Bank of Africa's Shiller PE 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.
CAS:BOA vs JPM, BAC, WFC: Shiller PE Ratio Comparison
For the Banks - Diversified subindustry, Bank of Africa's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Bank of Africa's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Bank of Africa's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
Bank of Africa's Shiller PE Ratio for today is calculated as
* 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's E10 for the quarter that ended in Mar. 2026 is calculated as:
For example, Bank of Africa's adjusted earnings per share data for the three months ended in Mar. 2026 was:
Add all the adjusted EPS together and divide 10 will get our E10.
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.
Bank of Africa (CAS:BOA) has a Shiller PE Ratio of 15.13 as of Sep. 09, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Bank of Africa and its competitors. This is 13% below median its historical median of 17.38. Over the past decade, Bank of Africa's Shiller PE Ratio has ranged from 14.74 to 23.38. According to the industry distribution chart, Bank of Africa ranks #702 out of 1235 companies in the Banks industry, placing it in the top 56.8%.
Is Bank of Africa's Shiller PE Ratio too high?
Bank of Africa's current Shiller PE Ratio of 15.13 is 13% below median its 10-year median of 17.38. Over the past 10 years, this metric has ranged from a low of 14.74 to a high of 23.38. The Banks industry median Shiller PE Ratio is 13.91. Bank of Africa's value of 15.13 is 8.8% above this industry median. Based on the distribution chart, Bank of Africa ranks #702 out of 1235 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 Shiller PE Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Bank of Africa ranks #702 out of 1235 companies for Shiller PE Ratio. This places Bank of Africa in the lower half of its industry. The industry median Shiller PE Ratio is 13.91. Bank of Africa's value of 15.13 is 8.8% above this benchmark. Historically, Bank of Africa's own Shiller PE Ratio has ranged from 14.74 to 23.38 over the past decade. While the company's 10-year median is 17.38 vs. the industry median of 13.91, 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 Shiller PE Ratio for a Banks company?
The median Shiller PE Ratio among Banks companies is 13.91, based on 1,235 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bank of Africa's current Shiller PE Ratio of 15.13 is 8.8% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Bank of Africa and its competitors. For the Banks industry, the median Shiller PE Ratio is 13.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Africa's current Shiller PE Ratio is 15.13, which is 13% below median its own 10-year median of 17.38. 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 MAD224.32, compared to a current price of MAD192.00 — trading 14.4% below its estimated fair value. The current Shiller PE Ratio is 15.13, which is 13% below median its 10-year median of 17.38 and 8.8% above the Banks industry median of 13.91. 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 Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Bank of Africa (CAS:BOA), the current Shiller PE Ratio is 15.13 as of Sep. 09, 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 MAD192.00 is trading 14.4% below its estimated GF Value™ of MAD224.32.
GuruFocus considers Bank of Africa to be Modestly Undervalued.
Key valuation signals for CAS:BOA:
Shiller PE Ratio: 15.13 (13% below median its 10-year median of 17.38)
GF Value™: MAD224.32 vs. price of MAD192.00 (14.4% below fair value)
Industry Position: 8.8% above the Banks median (#702 of 1235)
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 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
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