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Bahraini (BAX) Market Analysis & Valuation

UpdatedJan 16, 2026
DataAggregated Company Financials
Companies32
  • 7D-0.1%
  • 3M5.2%
  • 1Y4.3%
  • YTD-0.5%

Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. More promisingly, the market is up 4.3% over the past year. Earnings are forecast to grow by 6.9% annually.

Market Valuation and Performance

Has the Bahraini Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 17 Jan 2026ب.د7.7bب.د5.4bب.د843.7m9.8x9.2x1.4x
Mon, 15 Dec 2025ب.د7.8bب.د5.4bب.د841.8m9.9x9.3x1.5x
Wed, 12 Nov 2025ب.د7.8bب.د5.3bب.د823.7m10x9.5x1.5x
Fri, 10 Oct 2025ب.د7.1bب.د5.4bب.د831.1m9.7x8.5x1.3x
Sun, 07 Sep 2025ب.د7.1bب.د5.4bب.د837.7m9.5x8.5x1.3x
Tue, 05 Aug 2025ب.د7.3bب.د5.3bب.د834.5m9.9x8.7x1.4x
Thu, 03 Jul 2025ب.د7.3bب.د5.3bب.د837.6m9.6x8.7x1.4x
Sat, 31 May 2025ب.د7.2bب.د5.3bب.د837.6m10x8.7x1.4x
Mon, 28 Apr 2025ب.د7.2bب.د5.1bب.د839.4m9.6x8.5x1.4x
Wed, 26 Mar 2025ب.د7.3bب.د5.1bب.د837.5m9.8x8.8x1.4x
Fri, 21 Feb 2025ب.د7.3bب.د5.1bب.د840.7m9.5x8.7x1.4x
Sun, 19 Jan 2025ب.د7.0bب.د4.7bب.د779.4m9.7x9x1.5x
Tue, 17 Dec 2024ب.د7.4bب.د4.9bب.د775.9m10.1x9.6x1.5x
Thu, 14 Nov 2024ب.د7.6bب.د4.9bب.د732.4m10.7x10.3x1.6x
Sat, 12 Oct 2024ب.د7.4bب.د4.9bب.د722.8m11.2x10.3x1.5x
Mon, 09 Sep 2024ب.د7.1bب.د4.8bب.د716.3m11.1x9.9x1.5x
Wed, 07 Aug 2024ب.د7.2bب.د4.8bب.د666.8m10.5x10.8x1.5x
Fri, 05 Jul 2024ب.د7.3bب.د4.7bب.د643.8m11.7x11.3x1.5x
Sun, 02 Jun 2024ب.د8.1bب.د4.8bب.د650.5m11.6x12.5x1.7x
Tue, 30 Apr 2024ب.د8.1bب.د4.7bب.د642.8m11.4x12.5x1.7x
Thu, 28 Mar 2024ب.د7.8bب.د4.7bب.د661.9m11.4x11.7x1.7x
Sat, 24 Feb 2024ب.د7.6bب.د4.6bب.د663.7m11.6x11.5x1.7x
Mon, 22 Jan 2024ب.د7.8bب.د5.4bب.د682.0m11.4x11.4x1.4x
Wed, 20 Dec 2023ب.د7.5bب.د5.4bب.د681.6m11.4x11.1x1.4x
Fri, 17 Nov 2023ب.د7.6bب.د5.7bب.د773.7m11.3x9.8x1.3x
Sun, 15 Oct 2023ب.د7.6bب.د5.4bب.د718.3m11.3x10.5x1.4x
Tue, 12 Sep 2023ب.د7.4bب.د5.4bب.د718.3m11.7x10.3x1.4x
Thu, 10 Aug 2023ب.د7.4bب.د5.2bب.د883.4m12.1x8.3x1.4x
Sat, 08 Jul 2023ب.د7.3bب.د5.2bب.د884.4m12x8.3x1.4x
Mon, 05 Jun 2023ب.د7.5bب.د5.5bب.د874.5m11.7x8.6x1.4x
Wed, 03 May 2023ب.د7.1bب.د5.6bب.د1.0b10.9x7x1.3x
Fri, 31 Mar 2023ب.د7.0bب.د5.6bب.د1.0b10.9x6.9x1.2x
Sun, 26 Feb 2023ب.د7.5bب.د5.3bب.د1.0b10.9x7.5x1.4x
Tue, 24 Jan 2023ب.د7.4bب.د5.7bب.د1.2b10.7x6x1.3x
Price to Earnings Ratio

6x


Total Market Cap: ب.د7.4bTotal Earnings: ب.د1.2bTotal Revenue: ب.د5.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Bahraini Market Price to Earnings3Y Average 9.6x202420252026
Current Market PE
  • Investors are relatively neutral on the Bahraini market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 9.6x.
Past Earnings Growth
  • The earnings for Bahraini listed companies have declined 12% 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-0.12%
Financials0.13%
Consumer Staples0%0
Materials-0.091%
Industrials-0.19%
Consumer Discretionary-0.54%
Real Estate-0.87%
Telecom-1.16%
Sector PE
  • Investors favour the Telecom sector the most for future growth, which is trading above its 3-year average PE ratio of 12.3x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 11.7x.
Forecasted Growth
  • Analysts are most optimistic on the Financials sector, expecting annual earnings growth of 9.6% over the next 5 years.
  • This is better than its past earnings growth rate of 6.3% per year.
  • In contrast, the Materials sector is expected to see its earnings grow by 2.2% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
BBK Bank of Bahrain and Kuwait B.S.Cب.د0.520.8%
+ب.د7.2m		7.5%PB1.5xFinancials
BCFC Bahrain Commercial Facilities Company BSCب.د0.244.9%
+ب.د2.2m		-15.7%PE10.8xFinancials
KHALEEJI Khaleeji Bank B.S.Cب.د0.0832.5%
+ب.د2.2m		n/aPB0.7xFinancials
BKIC Bahrain Kuwait Insurance Company B.S.Cب.د0.422.4%
+ب.د1.5m		n/aPE12.4xFinancials
BISB Bahrain Islamic Bank B.S.Cب.د0.0811.3%
+ب.د1.1m		39.7%PB0.5xFinancials
See more

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Latest News

ESTERAD
ب.د0.19
Esterad Investment Company BSC
7D
-3.0%
1Y
n/a
BISB
ب.د0.081
Bahrain Islamic Bank B.S.C
7D
1.3%
1Y
39.7%
GHG
ب.د0.39
Gulf Hotels Group B.S.C
7D
-1.5%
1Y
19.1%
KHALEEJI
ب.د0.083
Khaleeji Bank B.S.C
7D
2.5%
1Y
n/a
SALAM
ب.د0.22
Al Salam Bank B.S.C
7D
-0.4%
1Y
21.1%
BKIC
ب.د0.42
Bahrain Kuwait Insurance Company B.S.C
7D
2.4%
1Y
n/a
BCFC
ب.د0.24
Bahrain Commercial Facilities Company BSC
7D
4.9%
1Y
-15.7%
NBB
ب.د0.51
National Bank of Bahrain B.S.C
7D
-0.2%
1Y
4.8%
BBK
ب.د0.52
Bank of Bahrain and Kuwait B.S.C
7D
0.8%
1Y
7.5%
ABC
US$0.32
Arab Banking Corporation (B.S.C.)
7D
-0.6%
1Y
-0.6%
BEYON
ب.د0.48
Beyon B.S.C
7D
-1.2%
1Y
-2.6%
DUTYF
ب.د0.44
Bahrain Duty Free Shop Complex BSC
7D
0.9%
1Y
8.3%
BMMI
ب.د0.55
BMMI B.S.C
7D
-0.9%
1Y
22.5%
ALBH
ب.د1.10
Aluminium Bahrain B.S.C
7D
-0.09%
1Y
-1.8%