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Banque Centrale Populaire (CAS:BCP) Cyclically Adjusted PS Ratio : 2.56 (As of Jun. 10, 2024)


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What is Banque Centrale Populaire Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Banque Centrale Populaire's current share price is MAD293.95. Banque Centrale Populaire's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MAD114.92. Banque Centrale Populaire's Cyclically Adjusted PS Ratio for today is 2.56.

The historical rank and industry rank for Banque Centrale Populaire's Cyclically Adjusted PS Ratio or its related term are showing as below:

CAS:BCP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.77   Med: 2.33   Max: 2.8
Current: 2.56

During the past years, Banque Centrale Populaire's highest Cyclically Adjusted PS Ratio was 2.80. The lowest was 1.77. And the median was 2.33.

CAS:BCP's Cyclically Adjusted PS Ratio is ranked worse than
56.71% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs CAS:BCP: 2.56

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Banque Centrale Populaire's adjusted revenue per share data for the three months ended in Mar. 2024 was MAD30.217. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is MAD114.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banque Centrale Populaire Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Banque Centrale Populaire's Cyclically Adjusted 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.

* Premium members only.

Banque Centrale Populaire Cyclically Adjusted PS Ratio Chart

Banque Centrale Populaire Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.67 2.10 2.44

Banque Centrale Populaire Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted 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 2.04 2.34 2.22 2.44 2.57

Competitive Comparison of Banque Centrale Populaire's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Banque Centrale Populaire's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Banque Centrale Populaire's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banque Centrale Populaire's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Banque Centrale Populaire's Cyclically Adjusted PS Ratio falls into.



Banque Centrale Populaire Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Banque Centrale Populaire's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=293.95/114.92
=2.56

* 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.

Banque Centrale Populaire's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Banque Centrale Populaire's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=30.217/131.7762*131.7762
=30.217

Current CPI (Mar. 2024) = 131.7762.

Banque Centrale Populaire Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 0.000 96.871 0.000
201306 0.000 98.518 0.000
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201512 0.000 99.792 0.000
201603 20.978 100.470 27.515
201606 25.735 101.688 33.350
201609 19.330 101.861 25.007
201612 37.528 101.863 48.549
201703 23.361 102.862 29.928
201706 28.539 103.349 36.389
201709 31.071 104.136 39.318
201712 32.038 104.011 40.590
201803 24.114 105.290 30.180
201806 18.733 106.317 23.219
201809 28.601 106.507 35.387
201812 19.984 105.998 24.844
201903 24.465 107.251 30.060
201906 16.271 108.070 19.840
201909 28.273 108.329 34.392
201912 14.584 108.420 17.726
202003 23.473 108.902 28.403
202006 20.713 108.767 25.095
202009 32.444 109.815 38.932
202012 4.775 109.897 5.726
202103 25.253 111.754 29.777
202106 22.657 114.631 26.046
202109 30.481 115.734 34.706
202112 18.820 117.630 21.083
202203 25.515 121.301 27.718
202206 29.290 125.017 30.874
202209 22.734 125.227 23.923
202212 18.993 125.222 19.987
202303 23.895 127.348 24.726
202306 31.886 128.729 32.641
202309 36.123 129.860 36.656
202312 15.040 129.419 15.314
202403 30.217 131.776 30.217

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


Banque Centrale Populaire  (CAS:BCP) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Banque Centrale Populaire Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Banque Centrale Populaire's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Banque Centrale Populaire (CAS:BCP) Business Description

Traded in Other Exchanges
N/A
Address
101, Boulevard Mohamed Zerktouni, BP: 10 622, Casablanca, MAR, 21100
Banque Centrale Populaire SA is a Malaysia-based company. The company is a credit establishment. It carries all banking transaction and is also a central banking body for Banques Populaires Regionales. The bank services include private banking, transaction banking, business banking, asset management, and others. The bank receives maximum revenue in the form of interest income. Geographically, the company offers its services to Morocco, Africa, Europe, and Other regions.

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