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Attijariwafa Bank (CAS:ATW) Cyclically Adjusted PS Ratio : 3.55 (As of Jun. 08, 2024)


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What is Attijariwafa Bank Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Attijariwafa Bank's current share price is MAD511.10. Attijariwafa Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MAD143.85. Attijariwafa Bank's Cyclically Adjusted PS Ratio for today is 3.55.

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

CAS:ATW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.66   Med: 3.25   Max: 3.66
Current: 3.56

During the past years, Attijariwafa Bank's highest Cyclically Adjusted PS Ratio was 3.66. The lowest was 2.66. And the median was 3.25.

CAS:ATW's Cyclically Adjusted PS Ratio is ranked worse than
76.51% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs CAS:ATW: 3.56

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.

Attijariwafa Bank's adjusted revenue per share data for the three months ended in Mar. 2024 was MAD44.166. 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 MAD143.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Attijariwafa Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Attijariwafa Bank'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.

Attijariwafa Bank Cyclically Adjusted PS Ratio Chart

Attijariwafa Bank 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 - - - 2.91 -

Attijariwafa Bank 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 2.89 3.20 3.24 - 3.53

Competitive Comparison of Attijariwafa Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Attijariwafa Bank'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.


Attijariwafa Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Attijariwafa Bank's Cyclically Adjusted PS Ratio falls into.



Attijariwafa Bank 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.

Attijariwafa Bank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=511.10/143.85
=3.55

* 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.

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

For example, Attijariwafa Bank'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)
=44.166/131.7762*131.7762
=44.166

Current CPI (Mar. 2024) = 131.7762.

Attijariwafa Bank 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 31.136 100.470 40.838
201606 34.039 101.688 44.111
201609 30.201 101.861 39.071
201612 4.737 101.863 6.128
201703 34.093 102.862 43.676
201706 36.013 103.349 45.919
201709 36.442 104.136 46.115
201712 2.603 104.011 3.298
201803 36.676 105.290 45.902
201806 39.808 106.317 49.341
201809 36.424 106.507 45.066
201812 1.476 105.998 1.835
201903 40.425 107.251 49.669
201906 41.791 108.070 50.958
201909 40.457 108.329 49.214
201912 -0.825 108.420 -1.003
202003 41.413 108.902 50.112
202006 42.475 108.767 51.460
202009 36.899 109.815 44.278
202012 1.487 109.897 1.783
202103 42.970 111.754 50.668
202106 45.750 114.631 52.593
202109 40.465 115.734 46.074
202112 -5.801 117.630 -6.499
202203 43.894 121.301 47.685
202206 20.883 125.017 22.012
202209 33.670 125.227 35.431
202212 31.756 125.222 33.418
202303 35.598 127.348 36.836
202306 37.793 128.729 38.688
202309 39.660 129.860 40.245
202312 34.621 129.419 35.251
202403 44.166 131.776 44.166

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.


Attijariwafa Bank  (CAS:ATW) 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.


Attijariwafa Bank Cyclically Adjusted PS Ratio Related Terms

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


Attijariwafa Bank (CAS:ATW) Business Description

Traded in Other Exchanges
N/A
Address
2, Boulevard Moulay Youssef, PO Box No. 20000, Casablanca, MAR
Attijariwafa Bank SA is a financial and banking group. It is engaged in the provision of banking and insurance products and services. The company's banking activities include personal and professional banking, corporate banking, investment banking and international banking.

Attijariwafa Bank (CAS:ATW) Headlines

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