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Bahraini (BAX) Market Analysis & Valuation

UpdatedDec 26, 2025
DataAggregated Company Financials
Companies32
  • 7D-0.4%
  • 3M5.7%
  • 1Y-1.5%
  • YTD0.3%

The market has stayed flat over the 7 days. Similarly, the market is flat for the past 12 months. As for the next few years, earnings are expected to grow by 6.9% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Dec 2025ب.د7.8bب.د5.4bب.د841.8m10x9.3x1.5x
Mon, 24 Nov 2025ب.د7.7bب.د5.3bب.د838.6m9.6x9.2x1.4x
Wed, 22 Oct 2025ب.د7.5bب.د5.2bب.د825.0m9.9x9.1x1.4x
Fri, 19 Sep 2025ب.د7.0bب.د5.4bب.د832.0m9.5x8.4x1.3x
Sun, 17 Aug 2025ب.د7.2bب.د5.5bب.د837.7m9.7x8.6x1.3x
Tue, 15 Jul 2025ب.د7.3bب.د5.3bب.د837.9m9.6x8.7x1.4x
Thu, 12 Jun 2025ب.د7.3bب.د5.3bب.د837.6m10x8.7x1.4x
Sat, 10 May 2025ب.د7.2bب.د5.2bب.د848.2m9.9x8.5x1.4x
Mon, 07 Apr 2025ب.د7.3bب.د5.1bب.د839.6m9.7x8.7x1.4x
Wed, 05 Mar 2025ب.د7.5bب.د5.1bب.د836.4m9.8x8.9x1.5x
Fri, 31 Jan 2025ب.د6.9bب.د4.7bب.د778.2m9.8x8.9x1.5x
Sun, 29 Dec 2024ب.د7.4bب.د4.7bب.د779.4m9.9x9.4x1.6x
Tue, 26 Nov 2024ب.د7.5bب.د4.9bب.د776.8m10x9.6x1.5x
Thu, 24 Oct 2024ب.د7.4bب.د4.9bب.د721.8m11x10.2x1.5x
Sat, 21 Sep 2024ب.د7.5bب.د4.8bب.د716.4m11.1x10.4x1.6x
Mon, 19 Aug 2024ب.د7.2bب.د4.8bب.د717.1m11.2x10.1x1.5x
Wed, 17 Jul 2024ب.د7.2bب.د4.7bب.د643.8m11.7x11.2x1.5x
Fri, 14 Jun 2024ب.د8.1bب.د4.7bب.د649.0m11.7x12.5x1.7x
Sun, 12 May 2024ب.د8.1bب.د4.7bب.د640.9m11.7x12.6x1.7x
Tue, 09 Apr 2024ب.د8.0bب.د4.7bب.د644.8m11.4x12.4x1.7x
Thu, 07 Mar 2024ب.د7.5bب.د4.7bب.د660.0m11.4x11.4x1.6x
Sat, 03 Feb 2024ب.د8.1bب.د5.6bب.د762.0m11.4x10.6x1.4x
Mon, 01 Jan 2024ب.د7.7bب.د5.4bب.د681.6m11.6x11.3x1.4x
Wed, 29 Nov 2023ب.د7.6bب.د5.4bب.د681.6m11.6x11.2x1.4x
Fri, 27 Oct 2023ب.د7.5bب.د5.4bب.د718.3m11.4x10.5x1.4x
Sun, 24 Sep 2023ب.د7.5bب.د5.4bب.د718.3m11.6x10.4x1.4x
Tue, 22 Aug 2023ب.د7.5bب.د5.6bب.د870.8m11.6x8.7x1.4x
Thu, 20 Jul 2023ب.د7.4bب.د5.2bب.د884.4m12x8.3x1.4x
Sat, 17 Jun 2023ب.د7.3bب.د5.2bب.د884.7m11.8x8.3x1.4x
Mon, 15 May 2023ب.د7.3bب.د5.6bب.د917.2m11.7x8x1.3x
Wed, 12 Apr 2023ب.د7.0bب.د5.6bب.د1.0b10.7x6.9x1.2x
Fri, 10 Mar 2023ب.د7.4bب.د5.6bب.د1.0b11.4x7.4x1.3x
Sun, 05 Feb 2023ب.د7.4bب.د5.6bب.د1.1b10.9x6.8x1.3x
Tue, 03 Jan 2023ب.د7.2bب.د5.7bب.د1.2b11.2x5.8x1.3x
Price to Earnings Ratio

5.8x


Total Market Cap: ب.د7.2bTotal Earnings: ب.د1.2bTotal Revenue: ب.د5.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Bahraini Market Price to Earnings3Y Average 9.5x20242025
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 9.5x.
Past Earnings Growth
  • The earnings for companies in the Bahraini industry have declined 12% per year over the last three years.
  • Revenues have also declined 2.1% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the Bahraini Market?

BH Market-0.37%
Consumer Discretionary0.54%
Real Estate0%0
Materials-0.18%
Telecom-0.28%
Industrials-0.48%
Financials-0.51%
Consumer Staples-2.68%
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 11.8x.
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
BMMI BMMI B.S.Cب.د0.492.7%
+ب.د1.9m		10.0%PE10.2xConsumer Discretionary
SOLID Solidarity Bahrain B.S.Cب.د0.432.4%
+ب.د1.7m		n/aPE7.4xFinancials
KHALEEJI Khaleeji Bank B.S.Cب.د0.0821.2%
+ب.د1.1m		5.1%PB0.7xFinancials
BNH Bahrain National Holding Company B.S.Cب.د0.531.0%
+ب.د592.9k		n/aPE2.1xFinancials
See more

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ZAINBH
ب.د0.12
Zain Bahrain B.S.C
7D
-1.6%
1Y
7.1%
SOLID
ب.د0.43
Solidarity Bahrain B.S.C
7D
2.4%
1Y
n/a
KHALEEJI
ب.د0.082
Khaleeji Bank B.S.C
7D
1.2%
1Y
5.1%
NBB
ب.د0.50
National Bank of Bahrain B.S.C
7D
-1.4%
1Y
3.5%
BBK
ب.د0.52
Bank of Bahrain and Kuwait B.S.C
7D
-0.2%
1Y
8.5%
TRAFCO
ب.د0.27
Trafco Group B.S.C
7D
-4.7%
1Y
n/a
APMTB
ب.د1.12
APM Terminals Bahrain B.S.C
7D
-0.4%
1Y
-2.9%
BEYON
ب.د0.48
Beyon B.S.C
7D
-0.2%
1Y
-2.8%
UGH
ب.د0.86
United Gulf Holding Company B.S.C
7D
-1.7%
1Y
n/a
BNH
ب.د0.53
Bahrain National Holding Company B.S.C
7D
1.0%
1Y
n/a
BMMI
ب.د0.49
BMMI B.S.C
7D
2.7%
1Y
10.0%
ALBH
ب.د1.10
Aluminium Bahrain B.S.C
7D
-0.2%
1Y
-16.5%