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Banque Marocaine pour le Commerce et l'Industrie (CAS:BCI) Shiller PE Ratio : 13.65 (As of May. 24, 2024)


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What is Banque Marocaine pour le Commerce et l'Industrie Shiller PE Ratio?

As of today (2024-05-24), Banque Marocaine pour le Commerce et l'Industrie's current share price is MAD595.00. Banque Marocaine pour le Commerce et l'Industrie's E10 for the quarter that ended in Dec. 2023 was MAD43.59. Banque Marocaine pour le Commerce et l'Industrie's Shiller PE Ratio for today is 13.65.

The historical rank and industry rank for Banque Marocaine pour le Commerce et l'Industrie's Shiller PE Ratio or its related term are showing as below:

CAS:BCI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.66   Med: 10.35   Max: 14.68
Current: 13.67

During the past years, Banque Marocaine pour le Commerce et l'Industrie's highest Shiller PE Ratio was 14.68. The lowest was 6.66. And the median was 10.35.

CAS:BCI's Shiller PE Ratio is ranked worse than
72.98% of 1136 companies
in the Banks industry
Industry Median: 10.16 vs CAS:BCI: 13.67

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.

Banque Marocaine pour le Commerce et l'Industrie's adjusted earnings per share data for the three months ended in Dec. 2023 was MAD-5.183. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MAD43.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banque Marocaine pour le Commerce et l'Industrie Shiller PE Ratio Historical Data

The historical data trend for Banque Marocaine pour le Commerce et l'Industrie'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.

* Premium members only.

Banque Marocaine pour le Commerce et l'Industrie Shiller PE Ratio Chart

Banque Marocaine pour le Commerce et l'Industrie Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 7.74 12.39

Banque Marocaine pour le Commerce et l'Industrie Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.74 10.07 9.91 12.28 12.39

Competitive Comparison of Banque Marocaine pour le Commerce et l'Industrie's Shiller PE Ratio

For the Banks - Regional subindustry, Banque Marocaine pour le Commerce et l'Industrie'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.


Banque Marocaine pour le Commerce et l'Industrie's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banque Marocaine pour le Commerce et l'Industrie's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Banque Marocaine pour le Commerce et l'Industrie's Shiller PE Ratio falls into.



Banque Marocaine pour le Commerce et l'Industrie 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.

Banque Marocaine pour le Commerce et l'Industrie's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=595.00/43.59
=13.65

* 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 Marocaine pour le Commerce et l'Industrie's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Banque Marocaine pour le Commerce et l'Industrie's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-5.183/129.4194*129.4194
=-5.183

Current CPI (Dec. 2023) = 129.4194.

Banque Marocaine pour le Commerce et l'Industrie Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201012 0.000 92.474 0.000
201112 0.000 95.213 0.000
201212 0.000 96.871 0.000
201306 30.000 98.518 39.410
201312 17.910 98.326 23.574
201406 19.000 100.560 24.453
201412 8.000 99.070 10.451
201506 17.000 100.684 21.852
201512 21.000 99.792 27.235
201606 20.000 101.688 25.454
201609 10.000 101.861 12.705
201612 2.000 101.863 2.541
201703 11.000 102.862 13.840
201706 14.815 103.349 18.552
201709 9.498 104.136 11.804
201712 5.000 104.011 6.221
201803 12.000 105.290 14.750
201806 14.000 106.317 17.042
201809 8.673 106.507 10.539
201812 7.000 105.998 8.547
201903 10.000 107.251 12.067
201906 16.921 108.070 20.264
201909 8.000 108.329 9.557
201912 10.339 108.420 12.342
202003 2.000 108.902 2.377
202006 2.136 108.767 2.542
202009 4.000 109.815 4.714
202012 2.880 109.897 3.392
202103 6.000 111.754 6.948
202106 13.000 114.631 14.677
202109 -3.355 115.734 -3.752
202112 -1.146 117.630 -1.261
202203 4.000 121.301 4.268
202206 1.978 125.017 2.048
202209 3.000 125.227 3.100
202212 8.000 125.222 8.268
202303 4.000 127.348 4.065
202306 12.000 128.729 12.064
202309 1.708 129.860 1.702
202312 -5.183 129.419 -5.183

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.


Banque Marocaine pour le Commerce et l'Industrie  (CAS:BCI) 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.


Banque Marocaine pour le Commerce et l'Industrie Shiller PE Ratio Related Terms

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Banque Marocaine pour le Commerce et l'Industrie (CAS:BCI) Business Description

Traded in Other Exchanges
N/A
Address
26, place des Nations Unies, Casablanca, MAR, 20000
Banque Marocaine pour le Commerce et l'Industrie SA is a Morocco-based banking firm. The company provides retail and corporate banking services. It also provides investment, insurance, credit and other services. In addition, it offers remote banking, furniture and real estate leasing and asset management services.

Banque Marocaine pour le Commerce et l'Industrie (CAS:BCI) Headlines

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