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Credit du Maroc (CAS:CDM) Cyclically Adjusted Revenue per Share : MAD273.55 (As of Mar. 2024)


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What is Credit du Maroc Cyclically Adjusted Revenue per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Credit du Maroc's adjusted revenue per share for the three months ended in Mar. 2024 was MAD74.891. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MAD273.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Credit du Maroc's average Cyclically Adjusted Revenue Growth Rate was 5.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-06-09), Credit du Maroc's current stock price is MAD890.00. Credit du Maroc's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MAD273.55. Credit du Maroc's Cyclically Adjusted PS Ratio of today is 3.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Credit du Maroc was 3.36. The lowest was 2.05. And the median was 2.68.


Credit du Maroc Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Credit du Maroc's Cyclically Adjusted Revenue per Share 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.

Credit du Maroc Cyclically Adjusted Revenue per Share Chart

Credit du Maroc Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 258.21

Credit du Maroc Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Cyclically Adjusted Revenue per Share 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 258.21 262.87 265.94 268.87 273.55

Competitive Comparison of Credit du Maroc's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Credit du Maroc'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.


Credit du Maroc's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Credit du Maroc's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Credit du Maroc's Cyclically Adjusted PS Ratio falls into.



Credit du Maroc Cyclically Adjusted Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Credit du Maroc'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)
=74.891/131.7762*131.7762
=74.891

Current CPI (Mar. 2024) = 131.7762.

Credit du Maroc Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201409 26.138 100.428 34.297
201412 50.169 99.070 66.732
201503 51.729 99.621 68.426
201506 51.434 100.684 67.317
201509 49.359 100.392 64.790
201512 48.371 99.792 63.874
201603 51.963 100.470 68.154
201606 53.451 101.688 69.266
201609 50.574 101.861 65.427
201612 50.997 101.863 65.973
201703 52.481 102.862 67.233
201706 51.352 103.349 65.477
201709 51.368 104.136 65.003
201712 53.729 104.011 68.072
201803 55.883 105.290 69.941
201806 72.499 106.317 89.860
201809 36.234 106.507 44.831
201812 97.090 105.998 120.702
201903 57.374 107.251 70.494
201906 59.862 108.070 72.994
201909 55.931 108.329 68.037
201912 57.128 108.420 69.435
202003 59.212 108.902 71.649
202006 24.209 108.767 29.330
202009 86.611 109.815 103.932
202012 10.145 109.897 12.165
202103 58.128 111.754 68.542
202106 67.793 114.631 77.932
202109 48.062 115.734 54.724
202112 107.364 117.630 120.276
202203 64.249 121.301 69.797
202206 68.950 125.017 72.678
202209 53.847 125.227 56.663
202212 62.373 125.222 65.638
202303 68.111 127.348 70.479
202306 68.319 128.729 69.936
202309 72.651 129.860 73.723
202403 74.891 131.776 74.891

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


Credit du Maroc  (CAS:CDM) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Credit du Maroc's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=890.00/273.55
=3.25

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Credit du Maroc was 3.36. The lowest was 2.05. And the median was 2.68.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Credit du Maroc Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Credit du Maroc's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Credit du Maroc (CAS:CDM) Business Description

Industry
Traded in Other Exchanges
N/A
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.

Credit du Maroc (CAS:CDM) Headlines

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