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Bahraini (BAX) Market Analysis & Valuation
UpdatedJul 13, 2025
DataAggregated Company Financials
Companies32
- 7D0.3%
- 3M1.9%
- 1Y-2.8%
- YTD-1.6%
In the last week, the market has been flat. In line with that, the market has also been flat over the past year. Earnings are forecast to grow by 3.0% annually.
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, 13 Jul 2025 | ب.د7.3b | ب.د5.3b | ب.د837.9m | 9.6x | 8.7x | 1.4x |
| Tue, 10 Jun 2025 | ب.د7.3b | ب.د5.3b | ب.د837.6m | 10.1x | 8.7x | 1.4x |
| Thu, 08 May 2025 | ب.د7.2b | ب.د5.2b | ب.د839.6m | 9.8x | 8.6x | 1.4x |
| Sat, 05 Apr 2025 | ب.د7.3b | ب.د5.1b | ب.د839.6m | 9.7x | 8.7x | 1.4x |
| Mon, 03 Mar 2025 | ب.د7.4b | ب.د5.1b | ب.د836.3m | 9.8x | 8.9x | 1.4x |
| Wed, 29 Jan 2025 | ب.د7.0b | ب.د4.7b | ب.د778.2m | 9.7x | 8.9x | 1.5x |
| Fri, 27 Dec 2024 | ب.د7.4b | ب.د4.7b | ب.د779.4m | 9.9x | 9.4x | 1.6x |
| Sun, 24 Nov 2024 | ب.د7.5b | ب.د4.8b | ب.د766.1m | 10x | 9.8x | 1.6x |
| Tue, 22 Oct 2024 | ب.د7.4b | ب.د4.9b | ب.د721.8m | 11x | 10.3x | 1.5x |
| Thu, 19 Sep 2024 | ب.د7.5b | ب.د4.8b | ب.د716.4m | 11x | 10.4x | 1.6x |
| Sat, 17 Aug 2024 | ب.د7.2b | ب.د4.9b | ب.د717.1m | 11.2x | 10.1x | 1.5x |
| Mon, 15 Jul 2024 | ب.د7.2b | ب.د4.7b | ب.د643.8m | 11.7x | 11.2x | 1.5x |
| Wed, 12 Jun 2024 | ب.د8.1b | ب.د4.7b | ب.د649.0m | 11.7x | 12.5x | 1.7x |
| Fri, 10 May 2024 | ب.د8.1b | ب.د4.7b | ب.د640.6m | 11.7x | 12.6x | 1.7x |
| Sun, 07 Apr 2024 | ب.د8.0b | ب.د4.7b | ب.د644.8m | 11.4x | 12.4x | 1.7x |
| Tue, 05 Mar 2024 | ب.د7.4b | ب.د4.7b | ب.د658.5m | 11.4x | 11.3x | 1.6x |
| Thu, 01 Feb 2024 | ب.د8.1b | ب.د5.6b | ب.د762.0m | 11.4x | 10.6x | 1.4x |
| Sat, 30 Dec 2023 | ب.د7.7b | ب.د5.4b | ب.د681.6m | 11.6x | 11.3x | 1.4x |
| Mon, 27 Nov 2023 | ب.د7.6b | ب.د5.4b | ب.د681.6m | 11.6x | 11.2x | 1.4x |
| Wed, 25 Oct 2023 | ب.د7.5b | ب.د5.4b | ب.د718.3m | 11.4x | 10.5x | 1.4x |
| Fri, 22 Sep 2023 | ب.د7.5b | ب.د5.4b | ب.د718.3m | 11.6x | 10.4x | 1.4x |
| Sun, 20 Aug 2023 | ب.د7.5b | ب.د5.6b | ب.د875.8m | 11.5x | 8.6x | 1.3x |
| Tue, 18 Jul 2023 | ب.د7.4b | ب.د5.2b | ب.د884.4m | 12x | 8.3x | 1.4x |
| Thu, 15 Jun 2023 | ب.د7.3b | ب.د5.2b | ب.د884.7m | 11.9x | 8.3x | 1.4x |
| Sat, 13 May 2023 | ب.د7.3b | ب.د5.6b | ب.د914.0m | 11.9x | 8x | 1.3x |
| Mon, 10 Apr 2023 | ب.د7.0b | ب.د5.6b | ب.د1.0b | 10.7x | 6.9x | 1.2x |
| Wed, 08 Mar 2023 | ب.د7.4b | ب.د5.6b | ب.د1.0b | 11x | 7.4x | 1.3x |
| Fri, 03 Feb 2023 | ب.د7.4b | ب.د5.7b | ب.د1.2b | 10.9x | 6x | 1.3x |
| Sun, 01 Jan 2023 | ب.د7.2b | ب.د5.7b | ب.د1.2b | 11.2x | 5.9x | 1.3x |
| Tue, 29 Nov 2022 | ب.د7.0b | ب.د5.7b | ب.د1.2b | 11x | 5.7x | 1.2x |
| Thu, 27 Oct 2022 | ب.د17.8b | ب.د6.6b | ب.د1.8b | 11.4x | 9.7x | 2.7x |
| Sat, 24 Sep 2022 | ب.د18.2b | ب.د6.6b | ب.د1.8b | 11.4x | 9.9x | 2.8x |
| Mon, 22 Aug 2022 | ب.د18.0b | ب.د6.5b | ب.د1.8b | 11.7x | 9.9x | 2.8x |
| Wed, 20 Jul 2022 | ب.د17.2b | ب.د6.2b | ب.د1.7b | 13.1x | 10.4x | 2.8x |
Price to Earnings Ratio
10.4x
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 20% per year over the last three years.
- Revenues have also declined 4.6% 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 | 0.34% | |
| Real Estate | 0.86% | |
| Financials | 0.65% | |
| Telecom | 0.38% | |
| Industrials | 0.30% | |
| Materials | 0% | 0 |
| Consumer Staples | -1.21% | |
| Consumer Discretionary | -2.13% | |
Sector PE
- Investors favour the Consumer Staples sector the most for future growth, which is trading above its 3-year average PE ratio of 13.1x.
- 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 8.7x.
Forecasted Growth
- Analysts are most optimistic on the Financials sector, expecting annual earnings growth of 8.6% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- 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 | |
|---|---|---|---|---|---|---|
| SALAM Al Salam Bank B.S.C | ب.د0.23 | 2.6% +ب.د17.2m | 23.8% | PB1.2x | Financials | |
| ITHMR Ithmaar Holding B.S.C | US$0.031 | 14.8% +US$11.6m | 10.7% | PB21x | Financials | |
| BEYON Beyon B.S.C | ب.د0.50 | 0.4% +ب.د3.3m | -3.1% | PE11.5x | Telecom | |
| SOLID Solidarity Bahrain B.S.C | ب.د0.39 | 3.7% +ب.د2.4m | 56.5% | PE9.7x | Financials | |
| KHALEEJI Khaleeji Bank B.S.C | ب.د0.09 | 1.1% +ب.د1.1m | 12.5% | PB0.8x | Financials |
