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Attijariwafa Bank (CAS:ATW) Cyclically Adjusted Revenue per Share : MAD140.73 (As of Sep. 2023)


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What is Attijariwafa Bank 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.

Attijariwafa Bank's adjusted revenue per share for the three months ended in Sep. 2023 was MAD39.660. 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 MAD140.73 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Attijariwafa Bank's average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 (2024-06-01), Attijariwafa Bank's current stock price is MAD515.00. Attijariwafa Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was MAD140.73. Attijariwafa Bank's Cyclically Adjusted PS Ratio of today is 3.66.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Attijariwafa Bank was 3.66. The lowest was 2.66. And the median was 3.25.


Attijariwafa Bank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Attijariwafa Bank'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.

Attijariwafa Bank Cyclically Adjusted Revenue per Share Chart

Attijariwafa Bank 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 - - - - 134.51

Attijariwafa Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 134.55 134.51 138.34 138.91 140.73

Competitive Comparison of Attijariwafa Bank's Cyclically Adjusted Revenue per Share

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 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, Attijariwafa Bank's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=39.66/129.8595*129.8595
=39.660

Current CPI (Sep. 2023) = 129.8595.

Attijariwafa Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 0.000 95.213 0.000
201206 0.000 96.819 0.000
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 40.244
201606 34.039 101.688 43.469
201609 30.201 101.861 38.502
201612 4.737 101.863 6.039
201703 34.093 102.862 43.041
201706 36.013 103.349 45.251
201709 36.442 104.136 45.444
201712 2.603 104.011 3.250
201803 36.676 105.290 45.235
201806 39.808 106.317 48.623
201809 36.424 106.507 44.410
201812 1.476 105.998 1.808
201903 40.425 107.251 48.947
201906 41.791 108.070 50.217
201909 40.457 108.329 48.498
201912 -0.825 108.420 -0.988
202003 41.413 108.902 49.383
202006 42.475 108.767 50.712
202009 36.899 109.815 43.634
202012 1.487 109.897 1.757
202103 42.970 111.754 49.931
202106 45.750 114.631 51.828
202109 40.465 115.734 45.404
202112 -5.801 117.630 -6.404
202203 43.894 121.301 46.991
202206 20.883 125.017 21.692
202209 33.670 125.227 34.916
202212 33.393 125.222 34.630
202303 45.406 127.348 46.302
202306 27.985 128.729 28.231
202309 39.660 129.860 39.660

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


Attijariwafa Bank  (CAS:ATW) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=515.00/140.73
=3.66

* 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 Attijariwafa Bank was 3.66. The lowest was 2.66. And the median was 3.25.


Be Aware

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


Attijariwafa Bank Cyclically Adjusted Revenue per Share Related Terms

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


Attijariwafa Bank (CAS:ATW) Business Description

Industry
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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