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Bahraini (BAX) Market Analysis & Valuation
UpdatedMar 07, 2026
DataAggregated Company Financials
Companies32
- 7D-3.3%
- 3M-2.6%
- 1Y-3.1%
- YTD-3.0%
Over the last 7 days, the market has dropped 3.3%, driven by a pullback of 9.3% in the Materials sector. In the last 12 months the market is down 3.1%. As for the next few years, earnings are expected to grow by 6.2% per annum.
Market Valuation and Performance
Has the Bahraini Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 08 Mar 2026 | ب.د7.6b | ب.د5.5b | ب.د893.0m | 9.9x | 8.5x | 1.4x |
| Tue, 03 Feb 2026 | ب.د7.8b | ب.د5.4b | ب.د843.7m | 9.8x | 9.2x | 1.4x |
| Thu, 01 Jan 2026 | ب.د7.8b | ب.د5.4b | ب.د841.8m | 9.9x | 9.3x | 1.5x |
| Sat, 29 Nov 2025 | ب.د7.8b | ب.د5.3b | ب.د841.0m | 9.8x | 9.2x | 1.5x |
| Mon, 27 Oct 2025 | ب.د7.6b | ب.د5.3b | ب.د825.2m | 10x | 9.3x | 1.5x |
| Wed, 24 Sep 2025 | ب.د7.1b | ب.د5.4b | ب.د832.0m | 9.4x | 8.5x | 1.3x |
| Fri, 22 Aug 2025 | ب.د7.2b | ب.د5.5b | ب.د837.8m | 9.6x | 8.6x | 1.3x |
| Sun, 20 Jul 2025 | ب.د7.3b | ب.د5.3b | ب.د837.9m | 9.6x | 8.7x | 1.4x |
| Tue, 17 Jun 2025 | ب.د7.0b | ب.د5.3b | ب.د817.8m | 9.8x | 8.6x | 1.3x |
| Thu, 15 May 2025 | ب.د7.2b | ب.د5.3b | ب.د848.7m | 9.8x | 8.5x | 1.4x |
| Sat, 12 Apr 2025 | ب.د7.2b | ب.د5.1b | ب.د839.3m | 9.4x | 8.6x | 1.4x |
| Mon, 10 Mar 2025 | ب.د7.4b | ب.د5.1b | ب.د837.5m | 10x | 8.9x | 1.5x |
| Wed, 05 Feb 2025 | ب.د6.8b | ب.د4.3b | ب.د789.5m | 9.9x | 8.6x | 1.6x |
| Fri, 03 Jan 2025 | ب.د7.3b | ب.د4.7b | ب.د779.4m | 9.9x | 9.4x | 1.6x |
| Sun, 01 Dec 2024 | ب.د7.5b | ب.د4.9b | ب.د776.8m | 10.1x | 9.7x | 1.5x |
| Tue, 29 Oct 2024 | ب.د7.5b | ب.د4.9b | ب.د721.8m | 10.9x | 10.3x | 1.5x |
| Thu, 26 Sep 2024 | ب.د7.5b | ب.د4.9b | ب.د722.8m | 11.2x | 10.4x | 1.5x |
| Sat, 24 Aug 2024 | ب.د7.2b | ب.د4.9b | ب.د722.7m | 11x | 9.9x | 1.5x |
| Mon, 22 Jul 2024 | ب.د7.1b | ب.د4.7b | ب.د644.4m | 11.7x | 11.1x | 1.5x |
| Wed, 19 Jun 2024 | ب.د8.1b | ب.د4.7b | ب.د649.0m | 11.7x | 12.5x | 1.7x |
| Fri, 17 May 2024 | ب.د8.0b | ب.د4.8b | ب.د651.8m | 10.3x | 12.3x | 1.7x |
| Sun, 14 Apr 2024 | ب.د8.1b | ب.د4.7b | ب.د642.9m | 11.4x | 12.6x | 1.7x |
| Tue, 12 Mar 2024 | ب.د7.6b | ب.د4.7b | ب.د660.0m | 11.4x | 11.5x | 1.6x |
| Thu, 08 Feb 2024 | ب.د7.6b | ب.د4.6b | ب.د652.2m | 11.4x | 11.7x | 1.7x |
| Sat, 06 Jan 2024 | ب.د7.7b | ب.د5.4b | ب.د681.6m | 11.6x | 11.4x | 1.4x |
| Mon, 04 Dec 2023 | ب.د7.6b | ب.د5.4b | ب.د681.6m | 11.4x | 11.1x | 1.4x |
| Wed, 01 Nov 2023 | ب.د7.5b | ب.د5.4b | ب.د723.9m | 11.3x | 10.4x | 1.4x |
| Fri, 29 Sep 2023 | ب.د7.5b | ب.د5.4b | ب.د718.3m | 11.6x | 10.5x | 1.4x |
| Sun, 27 Aug 2023 | ب.د7.5b | ب.د5.4b | ب.د718.8m | 11.6x | 10.4x | 1.4x |
| Tue, 25 Jul 2023 | ب.د7.4b | ب.د5.2b | ب.د898.1m | 12.1x | 8.2x | 1.4x |
| Thu, 22 Jun 2023 | ب.د7.3b | ب.د5.2b | ب.د884.5m | 12x | 8.3x | 1.4x |
| Sat, 20 May 2023 | ب.د7.4b | ب.د5.6b | ب.د941.7m | 11.2x | 7.9x | 1.3x |
| Mon, 17 Apr 2023 | ب.د7.0b | ب.د5.6b | ب.د1.0b | 10.7x | 6.9x | 1.2x |
| Wed, 15 Mar 2023 | ب.د7.4b | ب.د5.6b | ب.د1.0b | 10.8x | 7.3x | 1.3x |
Price to Earnings Ratio
7.3x
Current Market PE
- Investors are pessimistic on the Bahraini market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 8.5x which is lower than its 3-year average PE of 9.7x.
Past Earnings Growth
- The earnings for Bahraini listed companies have declined 4.2% per year over the last three years.
- Meanwhile revenues have been flat.
- This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.
Sector Trends
Which sectors have driven the changes within the Bahraini Market?
| BH Market | -3.32% | |
| Real Estate | 0% | 0 |
| Consumer Staples | 0% | 0 |
| Telecom | -0.58% | |
| Consumer Discretionary | -0.74% | |
| Industrials | -1.15% | |
| Financials | -1.96% | |
| Materials | -9.29% | |
Sector PE
- Investors favour the Industrials sector the most for future growth even though it's trading below its 3-year average PE ratio of 14.4x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Materials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 10.2x.
Forecasted Growth
- Analysts are most optimistic on the Financials sector, expecting annual earnings growth of 10% over the next 5 years.
- This is better than its past earnings growth rate of 3.9% per year.
- In contrast, the Materials industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| BMMI BMMI B.S.C | ب.د0.59 | 0.2% +ب.د142.4k | 44.1% | PE11.2x | Consumer Discretionary | |
| BNH Bahrain National Holding Company B.S.C | ب.د0.50 | 0.2% +ب.د117.8k | 0.2% | PE2.2x | Financials |
