Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Bahraini (BAX) Market Analysis & Valuation

UpdatedMar 31, 2026
DataAggregated Company Financials
Companies29
  • 7D-0.2%
  • 3M-6.8%
  • 1Y-5.9%
  • YTD-6.2%

In the last week, the market has been flat, with a notable exception in the Real Estate sector dropping 8.4%. The past year hasn't been profitable, with the market dropping 5.9%. Looking forward, earnings are forecast to grow by 6.4% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Mar 2026ب.د7.2bب.د5.1bب.د891.7m9.5x8.1x1.4x
Thu, 26 Feb 2026ب.د7.8bب.د5.5bب.د891.4m10.7x8.8x1.4x
Sat, 24 Jan 2026ب.د7.7bب.د5.4bب.د843.7m9.8x9.2x1.4x
Mon, 22 Dec 2025ب.د7.8bب.د5.4bب.د841.8m10x9.3x1.5x
Wed, 19 Nov 2025ب.د7.8bب.د5.5bب.د847.6m9.9x9.2x1.4x
Fri, 17 Oct 2025ب.د7.1bب.د5.2bب.د834.9m9.7x8.5x1.4x
Sun, 14 Sep 2025ب.د7.1bب.د5.4bب.د837.7m9.5x8.5x1.3x
Tue, 12 Aug 2025ب.د7.2bب.د5.4bب.د795.9m10.1x9.1x1.3x
Thu, 10 Jul 2025ب.د7.3bب.د5.3bب.د837.9m9.6x8.7x1.4x
Sat, 07 Jun 2025ب.د7.3bب.د5.3bب.د837.6m10.1x8.7x1.4x
Mon, 05 May 2025ب.د7.2bب.د5.2bب.د839.6m9.8x8.6x1.4x
Wed, 02 Apr 2025ب.د7.3bب.د5.1bب.د839.6m9.8x8.7x1.4x
Fri, 28 Feb 2025ب.د7.4bب.د5.1bب.د837.4m9.7x8.8x1.4x
Sun, 26 Jan 2025ب.د7.0bب.د4.7bب.د778.2m9.6x9x1.5x
Tue, 24 Dec 2024ب.د7.4bب.د4.7bب.د779.4m10.1x9.4x1.6x
Thu, 21 Nov 2024ب.د7.6bب.د4.8bب.د759.2m10.1x10x1.6x
Sat, 19 Oct 2024ب.د7.4bب.د4.9bب.د721.8m11.2x10.3x1.5x
Mon, 16 Sep 2024ب.د7.1bب.د4.8bب.د716.4m11.1x10x1.5x
Wed, 14 Aug 2024ب.د7.2bب.د4.8bب.د679.1m11.4x10.6x1.5x
Fri, 12 Jul 2024ب.د7.3bب.د4.7bب.د643.8m11.7x11.3x1.5x
Sun, 09 Jun 2024ب.د8.1bب.د4.7bب.د649.0m11.7x12.5x1.7x
Tue, 07 May 2024ب.د8.1bب.د4.7bب.د642.8m11.7x12.5x1.7x
Thu, 04 Apr 2024ب.د8.0bب.د4.7bب.د644.8m11.4x12.4x1.7x
Sat, 02 Mar 2024ب.د7.5bب.د4.7bب.د677.5m11.4x11x1.6x
Mon, 29 Jan 2024ب.د7.9bب.د5.6bب.د762.0m11.4x10.3x1.4x
Wed, 27 Dec 2023ب.د7.6bب.د5.4bب.د681.6m11.4x11.2x1.4x
Fri, 24 Nov 2023ب.د7.6bب.د5.4bب.د681.6m11.6x11.2x1.4x
Sun, 22 Oct 2023ب.د7.5bب.د5.4bب.د718.3m11.4x10.5x1.4x
Tue, 19 Sep 2023ب.د7.4bب.د5.4bب.د718.3m11.6x10.3x1.4x
Thu, 17 Aug 2023ب.د7.5bب.د5.5bب.د877.2m11.6x8.6x1.4x
Sat, 15 Jul 2023ب.د7.3bب.د5.2bب.د884.4m12.1x8.3x1.4x
Mon, 12 Jun 2023ب.د7.3bب.د5.2bب.د884.7m11.8x8.3x1.4x
Wed, 10 May 2023ب.د7.2bب.د5.6bب.د913.9m11.4x7.9x1.3x
Fri, 07 Apr 2023ب.د7.0bب.د5.6bب.د1.0b10.7x6.9x1.2x
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 Market-0.21%
Telecom2.19%
Financials0.23%
Industrials0.075%
Consumer Staples0%0
Consumer Discretionary-1.97%
Materials-2.43%
Real Estate-8.40%
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 10.3x.
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
BEYON Beyon B.S.Cب.د0.472.9%
+ب.د21.5m		-5.8%PE10.9xTelecom
BBK Bank of Bahrain and Kuwait B.S.Cب.د0.521.4%
+ب.د12.6m		4.0%PB1.4xFinancials
ABC Arab Banking Corporation (B.S.C.)US$0.320.9%
+US$9.3m		-10.0%PB0.2xFinancials
SILAH Silah Gulf B.S.C.(c)ب.د0.181.1%
+ب.د109.1k		n/aPE20.4xIndustrials
See more

Market Insights

Header cover image
How to spot the winners in 2026's IPOs
Stella Ong avatar
Stella Ong
Most IPOs lag the market. A few deliver outsized returns. Here are this year’s most anticipated listings and the traits that have historically separated the winners from the rest.
Continue reading
How to invest during crisis in the Persian Gulf

Latest News

BEYON
ب.د0.47
Beyon B.S.C
7D
2.9%
1Y
-5.8%
BNH
ب.د0.51
Bahrain National Holding Company B.S.C
7D
-2.9%
1Y
6.3%
KHALEEJI
ب.د0.08
Khaleeji Bank B.S.C
7D
-3.6%
1Y
n/a
GHG
ب.د0.39
Gulf Hotels Group B.S.C
7D
-2.5%
1Y
n/a
BBK
ب.د0.52
Bank of Bahrain and Kuwait B.S.C
7D
1.4%
1Y
4.0%
ABC
US$0.32
Arab Banking Corporation (B.S.C.)
7D
0.9%
1Y
-10.0%
NBB
ب.د0.49
National Bank of Bahrain B.S.C
7D
-0.2%
1Y
-1.2%
SILAH
ب.د0.18
Silah Gulf B.S.C.(c)
7D
1.1%
1Y
n/a
SEEF
ب.د0.11
Seef Properties B.S.C
7D
-8.4%
1Y
-17.4%
ZAINBH
ب.د0.11
Zain Bahrain B.S.C
7D
-8.1%
1Y
3.7%
DUTYF
ب.د0.38
Bahrain Duty Free Shop Complex BSC
7D
-5.0%
1Y
n/a
ALBH
ب.د0.88
Aluminium Bahrain B.S.C
7D
-2.4%
1Y
-21.2%