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Bahraini (BAX) Market Analysis & Valuation

UpdatedMar 23, 2026
DataAggregated Company Financials
Companies29
  • 7D-0.6%
  • 3M-6.2%
  • 1Y-5.9%
  • YTD-6.0%

In the last week, the market has been flat. As for last year, the market is down 5.9%. As for the next few years, earnings are expected to grow by 6.3% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Mar 2026ب.د7.3bب.د5.1bب.د891.8m9.5x8.1x1.4x
Thu, 19 Feb 2026ب.د7.9bب.د5.4bب.د883.8m10.1x8.9x1.5x
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
Price to Earnings Ratio

6.9x


Total Market Cap: ب.د7.0bTotal Earnings: ب.د1.0bTotal Revenue: ب.د5.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Bahraini Market Price to Earnings3Y Average 9.7x202420252026
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 8.1x which is lower than its 3-year average PE of 9.7x.
Past Earnings Growth
  • The earnings for companies in the Bahraini industry have declined 4.2% per year over the last three years.
  • Revenues have also declined 3.6% 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 Market0.37%
Materials2.26%
Industrials0.90%
Real Estate0.85%
Financials0.12%
Consumer Discretionary0%0
Consumer Staples0%0
Telecom-1.29%
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 14.3x.
    • 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 9.9% 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?

CompanyLast Price7D1YValuationSector
ALBH Aluminium Bahrain B.S.Cب.د0.912.3%
+ب.د28.3m		-19.2%PE5.9xMaterials
ABC Arab Banking Corporation (B.S.C.)US$0.321.9%
+US$18.6m		-10.8%PB0.2xFinancials
BNH Bahrain National Holding Company B.S.Cب.د0.534.8%
+ب.د2.8m		9.4%PE2.3xFinancials
APMTB APM Terminals Bahrain B.S.Cب.د1.101.4%
+ب.د1.4m		-6.8%PE10.8xIndustrials
ESTERAD Esterad Investment Company BSCب.د0.214.0%
+ب.د1.3m		n/aPE5xFinancials
See more

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Latest News

ESTERAD
ب.د0.21
Esterad Investment Company BSC
7D
4.0%
1Y
n/a
SEEF
ب.د0.12
Seef Properties B.S.C
7D
0.8%
1Y
-0.8%
SILAH
ب.د0.17
Silah Gulf B.S.C.(c)
7D
-0.6%
1Y
n/a
CINECO
ب.د0.21
Bahrain Cinema Company B.S.C
7D
-4.5%
1Y
n/a
APMTB
ب.د1.10
APM Terminals Bahrain B.S.C
7D
1.4%
1Y
-6.8%
BISB
ب.د0.079
Bahrain Islamic Bank B.S.C
7D
-2.5%
1Y
n/a
SOLID
ب.د0.43
Solidarity Bahrain B.S.C
7D
-1.4%
1Y
27.5%
ALBH
ب.د0.91
Aluminium Bahrain B.S.C
7D
2.3%
1Y
-19.2%
ABC
US$0.32
Arab Banking Corporation (B.S.C.)
7D
1.9%
1Y
-10.8%
BEYON
ب.د0.46
Beyon B.S.C
7D
-1.3%
1Y
-8.8%
BNH
ب.د0.53
Bahrain National Holding Company B.S.C
7D
4.8%
1Y
9.4%
SALAM
ب.د0.20
Al Salam Bank B.S.C
7D
-0.5%
1Y
9.7%