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Bahraini (BAX) Market Analysis & Valuation
UpdatedFeb 04, 2026
DataAggregated Company Financials
Companies32
- 7D0.2%
- 3M-1.0%
- 1Y6.3%
- YTD-0.01%
The market has stayed flat over the 7 days. As for the longer term, the market has risen 6.3% in the past 12 months. As for the next few years, earnings are expected to grow by 11% 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 |
|---|---|---|---|---|---|---|
| Thu, 05 Feb 2026 | ب.د7.8b | ب.د5.4b | ب.د843.7m | 9.8x | 9.2x | 1.5x |
| Sat, 03 Jan 2026 | ب.د7.8b | ب.د5.4b | ب.د841.8m | 9.9x | 9.3x | 1.5x |
| Mon, 01 Dec 2025 | ب.د7.8b | ب.د5.3b | ب.د841.0m | 9.8x | 9.3x | 1.5x |
| Wed, 29 Oct 2025 | ب.د7.7b | ب.د5.3b | ب.د825.2m | 10x | 9.3x | 1.5x |
| Fri, 26 Sep 2025 | ب.د7.1b | ب.د5.4b | ب.د832.0m | 9.6x | 8.5x | 1.3x |
| Sun, 24 Aug 2025 | ب.د7.2b | ب.د5.5b | ب.د837.8m | 9.6x | 8.6x | 1.3x |
| Tue, 22 Jul 2025 | ب.د7.2b | ب.د5.3b | ب.د837.9m | 9.6x | 8.6x | 1.4x |
| Thu, 19 Jun 2025 | ب.د6.9b | ب.د5.3b | ب.د817.8m | 9.8x | 8.5x | 1.3x |
| Sat, 17 May 2025 | ب.د7.2b | ب.د5.3b | ب.د835.1m | 9.9x | 8.7x | 1.4x |
| Mon, 14 Apr 2025 | ب.د7.2b | ب.د5.1b | ب.د839.3m | 9.3x | 8.6x | 1.4x |
| Wed, 12 Mar 2025 | ب.د7.4b | ب.د5.1b | ب.د837.5m | 9.9x | 8.8x | 1.4x |
| Fri, 07 Feb 2025 | ب.د6.9b | ب.د4.3b | ب.د789.5m | 9.9x | 8.7x | 1.6x |
| Sun, 05 Jan 2025 | ب.د7.3b | ب.د4.7b | ب.د779.4m | 9.9x | 9.4x | 1.6x |
| Tue, 03 Dec 2024 | ب.د7.5b | ب.د4.9b | ب.د776.8m | 10.1x | 9.7x | 1.5x |
| Thu, 31 Oct 2024 | ب.د7.5b | ب.د4.9b | ب.د721.8m | 11x | 10.4x | 1.5x |
| Sat, 28 Sep 2024 | ب.د7.5b | ب.د4.9b | ب.د722.8m | 11.2x | 10.4x | 1.5x |
| Mon, 26 Aug 2024 | ب.د7.1b | ب.د4.9b | ب.د722.7m | 11x | 9.9x | 1.5x |
| Wed, 24 Jul 2024 | ب.د7.2b | ب.د4.7b | ب.د644.4m | 11.8x | 11.2x | 1.5x |
| Fri, 21 Jun 2024 | ب.د8.1b | ب.د4.7b | ب.د649.1m | 11.8x | 12.5x | 1.7x |
| Sun, 19 May 2024 | ب.د8.0b | ب.د4.8b | ب.د649.4m | 11.4x | 12.4x | 1.7x |
| Tue, 16 Apr 2024 | ب.د8.1b | ب.د4.7b | ب.د642.9m | 11.7x | 12.7x | 1.7x |
| Thu, 14 Mar 2024 | ب.د7.6b | ب.د4.7b | ب.د660.0m | 11x | 11.5x | 1.6x |
| Sat, 10 Feb 2024 | ب.د7.7b | ب.د4.6b | ب.د652.3m | 11.4x | 11.8x | 1.7x |
| Mon, 08 Jan 2024 | ب.د7.8b | ب.د5.4b | ب.د681.6m | 11.6x | 11.4x | 1.4x |
| Wed, 06 Dec 2023 | ب.د7.6b | ب.د5.4b | ب.د681.6m | 11.4x | 11.2x | 1.4x |
| Fri, 03 Nov 2023 | ب.د7.5b | ب.د5.4b | ب.د721.9m | 11.1x | 10.3x | 1.4x |
| Sun, 01 Oct 2023 | ب.د7.5b | ب.د5.4b | ب.د718.3m | 11.6x | 10.5x | 1.4x |
| Tue, 29 Aug 2023 | ب.د7.5b | ب.د5.4b | ب.د718.8m | 11.6x | 10.4x | 1.4x |
| Thu, 27 Jul 2023 | ب.د7.4b | ب.د5.2b | ب.د884.6m | 12.2x | 8.4x | 1.4x |
| Sat, 24 Jun 2023 | ب.د7.3b | ب.د5.2b | ب.د884.5m | 12x | 8.3x | 1.4x |
| Mon, 22 May 2023 | ب.د7.5b | ب.د5.6b | ب.د933.6m | 11.7x | 8x | 1.3x |
| Wed, 19 Apr 2023 | ب.د7.0b | ب.د5.6b | ب.د1.0b | 10.7x | 6.9x | 1.2x |
| Fri, 17 Mar 2023 | ب.د7.4b | ب.د5.6b | ب.د1.0b | 10.8x | 7.3x | 1.3x |
| Sun, 12 Feb 2023 | ب.د7.5b | ب.د5.7b | ب.د1.1b | 10.9x | 6.8x | 1.3x |
Price to Earnings Ratio
6.8x
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 8.2% 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 | 0.28% | |
| Materials | 0.82% | |
| Financials | 0.25% | |
| Consumer Discretionary | 0.19% | |
| Real Estate | 0% | 0 |
| Industrials | 0% | 0 |
| Consumer Staples | 0% | 0 |
| Telecom | -0.48% | |
Sector PE
- Investors favour the Telecom sector the most for future growth, which is trading above its 3-year average PE ratio of 12.4x.
- 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 11.5x.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 12% over the next 5 years.
- This is better than its past earnings decline of 14% per year.
- In contrast, the Financials sector is expected to see its earnings grow by 9.7% per year 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 | |
|---|---|---|---|---|---|---|
| SALAM Al Salam Bank B.S.C | ب.د0.24 | 3.5% +ب.د22.9m | 24.3% | PB1x | Financials | |
| ALBH Aluminium Bahrain B.S.C | ب.د1.10 | 0.8% +ب.د12.7m | 6.9% | PE10.6x | Materials | |
| ABC Arab Banking Corporation (B.S.C.) | US$0.32 | 1.3% +US$12.4m | 0% | PB0.2x | Financials | |
| BISB Bahrain Islamic Bank B.S.C | ب.د0.087 | 3.6% +ب.د3.2m | 50.0% | PB0.6x | Financials | |
| KHALEEJI Khaleeji Bank B.S.C | ب.د0.092 | 1.1% +ب.د1.1m | 15.0% | PB0.8x | Financials |
