Maroc Telecom (CAS:IAM) Shiller PE Ratio: 15.10 (As of Aug. 14, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CAS:IAM Maroc Telecom SA CAS:IAM
82 GF Score
Price MAD98.45
GF Value MAD99.15
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Maroc Telecom Shiller PE Ratio?

Maroc Telecom CAS:IAM +0.46% 82 Shiller PE Ratio is 15.10 as of Aug. 14, 2026, which is 8% below its 10-year median of 16.39. GuruFocus rates CAS:IAM with a GF Score™ of 82/100 and a GF Value™ of MAD99.15 (Fairly Valued). The stock has 5 warning signs investors should review. Among 219 Telecommunication Services companies, Maroc Telecom ranks better than 55.25% on this metric.

As of today (2026-08-14), Maroc Telecom's current share price is MAD98.45. Maroc Telecom's E10 for the fiscal year that ended in Dec25 was MAD6.52. Maroc Telecom's Shiller PE Ratio for today is 15.10.

The historical rank and industry rank for Maroc Telecom's Shiller PE Ratio or its related term are showing as below:

CAS:IAM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.56   Med: 16.39   Max: 20.73
Current: 15.41

During the past 13 years, Maroc Telecom's highest Shiller PE Ratio was 20.73. The lowest was 11.56. And the median was 16.39.

CAS:IAM's Shiller PE Ratio is ranked better than
55.25% of 219 companies
in the Telecommunication Services industry
Industry Median: 17.39 vs CAS:IAM: 15.41

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.

Maroc Telecom's adjusted earnings per share data of for the fiscal year that ended in Dec25 was MAD7.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MAD6.52 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maroc Telecom  (CAS:IAM) 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.


Maroc Telecom Shiller PE Ratio Related Terms


Maroc Telecom Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Maroc Telecom'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.

Maroc Telecom Shiller PE Ratio Chart

Maroc Telecom Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.56 13.73 14.44 12.76 16.71

Maroc Telecom Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shiller PE 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 14.44 0.00 12.76 0.00 16.71

CAS:IAM vs VZ, TMUS, T: Shiller PE Ratio Comparison

For the Telecom Services subindustry, Maroc Telecom'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.


Maroc Telecom Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Maroc Telecom's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Maroc Telecom's Shiller PE Ratio falls into.


CAS:IAM
82GF Score
Maroc Telecom SA CAS:IAM
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maroc Telecom Shiller PE Ratio Calculation

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.

Maroc Telecom's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=98.45/6.52
=15.10

* 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.

Maroc Telecom's E10 for the fiscal year that ended in Dec25 is calculated as:

For example, Maroc Telecom's adjusted earnings per share data for the fiscal year that ended in Dec25 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec25 (Change)*Current CPI (Dec25)
=7.93/324.0540*324.0540
=7.930

Current CPI (Dec25) = 324.0540.

Maroc Telecom Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201612 6.370 241.432 8.550
201712 6.490 246.524 8.531
201812 6.840 251.233 8.823
201912 3.100 256.974 3.909
202012 6.170 260.474 7.676
202112 6.830 278.802 7.939
202212 3.130 296.797 3.417
202312 6.010 306.746 6.349
202412 2.050 315.605 2.105
202512 7.930 324.054 7.930

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 15.10 mean?
Maroc Telecom (CAS:IAM) has a Shiller PE Ratio of 15.10 as of Aug. 14, 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 Maroc Telecom and its competitors. This is near median its historical median of 16.39. Over the past decade, Maroc Telecom's Shiller PE Ratio has ranged from 11.56 to 20.73. According to the industry distribution chart, Maroc Telecom ranks #98 out of 219 companies in the Telecommunication Services industry, placing it in the top 44.7%.
Is Maroc Telecom's Shiller PE Ratio too high?
Maroc Telecom's current Shiller PE Ratio of 15.10 is near median its 10-year median of 16.39. Over the past 10 years, this metric has ranged from a low of 11.56 to a high of 20.73. The Telecommunication Services industry median Shiller PE Ratio is 17.39. Maroc Telecom's value of 15.10 is 13.2% below this industry median. Based on the distribution chart, Maroc Telecom ranks #98 out of 219 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Maroc Telecom has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maroc Telecom's Shiller PE Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Maroc Telecom ranks #98 out of 219 companies for Shiller PE Ratio. This puts Maroc Telecom in the upper half of its industry. The industry median Shiller PE Ratio is 17.39. Maroc Telecom's value of 15.10 is 13.2% below this benchmark. Historically, Maroc Telecom's own Shiller PE Ratio has ranged from 11.56 to 20.73 over the past decade. While the company's 10-year median is 16.39 vs. the industry median of 17.39, Maroc Telecom 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 Shiller PE Ratio for a Telecommunication Services company?
The median Shiller PE Ratio among Telecommunication Services companies is 17.39, based on 219 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. Maroc Telecom's current Shiller PE Ratio of 15.10 is 13.2% 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 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 Maroc Telecom and its competitors. For the Telecommunication Services industry, the median Shiller PE Ratio is 17.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maroc Telecom's current Shiller PE Ratio is 15.10, which is near median its own 10-year median of 16.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maroc Telecom stock overvalued right now?
Based on GuruFocus' analysis, Maroc Telecom (CAS:IAM) is currently considered Fairly Valued. The stock's GF Value™ is MAD99.15, compared to a current price of MAD98.45 — trading 0.7% below its estimated fair value. The current Shiller PE Ratio is 15.10, which is near median its 10-year median of 16.39 and 13.2% below the Telecommunication Services industry median of 17.39. Maroc Telecom's overall GF Score™ is 82/100 with 5 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 Maroc Telecom (CAS:IAM), the current Shiller PE Ratio is 15.10 as of Aug. 14, 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 Maroc Telecom (CAS:IAM) Overvalued in 2026?

Based on GuruFocus' analysis, Maroc Telecom stock appears to be undervalued. The current stock price of MAD98.45 is trading 0.7% below its estimated GF Value™ of MAD99.15. GuruFocus considers Maroc Telecom to be Fairly Valued.

Key valuation signals for CAS:IAM:

  • Shiller PE Ratio: 15.10 (near median its 10-year median of 16.39)
  • GF Value™: MAD99.15 vs. price of MAD98.45 (0.7% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 13.2% below the Telecommunication Services median (#98 of 219)

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


Maroc Telecom Business Description

Other Exchanges IAM:FranceMSPA:Germany
Address Avenue Annakhil, Hay Riad, Rabat, MAR
Maroc Telecom SA telecommunications operator in the Kingdom of Morocco. The company provides a wide range of services covering Fixed-Line and Mobile communications, data transfer, and other value-added services. It operates in the Fixed-Line telephony, Mobile telephony and Internet segments. The Fixed-Line and Mobile operating segments are combined within the Services Division (DGS) and the Networks and Systems Division. The company derives majority revenues from Morocco.
82GF Score

Get the complete analysis for CAS:IAM

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

MAD98.45
Price
MAD99.15
GF Value