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Bahraini (BAX) Market Analysis & Valuation
UpdatedAug 26, 2026
DataAggregated Company Financials
Companies30
- 7D0.04%
- 3M-0.03%
- 1Y-0.07%
- YTD-5.4%
Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. Similarly, the market is flat for the past 12 months. Looking forward, earnings are forecast to decline by 2.2% per year.
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, 27 Aug 2026 | ب.د6.8b | ب.د5.6b | ب.د891.4m | 11.9x | 7.6x | 1.2x |
| Sat, 25 Jul 2026 | ب.د7.1b | ب.د5.5b | ب.د915.7m | 10.9x | 7.7x | 1.3x |
| Mon, 22 Jun 2026 | ب.د7.3b | ب.د5.5b | ب.د916.2m | 11.7x | 7.9x | 1.3x |
| Wed, 20 May 2026 | ب.د6.8b | ب.د5.1b | ب.د915.0m | 11.6x | 7.4x | 1.3x |
| Fri, 17 Apr 2026 | ب.د7.3b | ب.د5.0b | ب.د891.6m | 9.7x | 8.2x | 1.4x |
| Sun, 15 Mar 2026 | ب.د7.3b | ب.د5.0b | ب.د891.9m | 9.6x | 8.2x | 1.5x |
| Tue, 10 Feb 2026 | ب.د7.8b | ب.د5.4b | ب.د844.3m | 9.9x | 9.2x | 1.4x |
| Thu, 08 Jan 2026 | ب.د7.8b | ب.د5.4b | ب.د841.8m | 9.9x | 9.3x | 1.5x |
| Sat, 06 Dec 2025 | ب.د7.8b | ب.د5.3b | ب.د841.0m | 9.9x | 9.2x | 1.5x |
| Mon, 03 Nov 2025 | ب.د7.8b | ب.د5.3b | ب.د826.2m | 10x | 9.5x | 1.5x |
| Wed, 01 Oct 2025 | ب.د7.1b | ب.د5.4b | ب.د832.0m | 9.5x | 8.5x | 1.3x |
| Fri, 29 Aug 2025 | ب.د7.1b | ب.د5.5b | ب.د837.8m | 9.6x | 8.5x | 1.3x |
| Sun, 27 Jul 2025 | ب.د7.2b | ب.د5.3b | ب.د837.5m | 9.7x | 8.7x | 1.4x |
| Tue, 24 Jun 2025 | ب.د7.1b | ب.د5.3b | ب.د837.6m | 9.5x | 8.4x | 1.3x |
| Thu, 22 May 2025 | ب.د7.2b | ب.د5.3b | ب.د835.1m | 9.8x | 8.7x | 1.4x |
| Sat, 19 Apr 2025 | ب.د7.2b | ب.د5.1b | ب.د838.9m | 9.4x | 8.6x | 1.4x |
| Mon, 17 Mar 2025 | ب.د7.4b | ب.د5.1b | ب.د837.5m | 9.9x | 8.8x | 1.4x |
| Wed, 12 Feb 2025 | ب.د7.0b | ب.د4.5b | ب.د831.9m | 9.6x | 8.4x | 1.5x |
| Fri, 10 Jan 2025 | ب.د7.3b | ب.د4.7b | ب.د779.4m | 9.9x | 9.4x | 1.6x |
| Sun, 08 Dec 2024 | ب.د7.5b | ب.د4.9b | ب.د776.9m | 10x | 9.7x | 1.5x |
| Tue, 05 Nov 2024 | ب.د7.5b | ب.د4.9b | ب.د735.4m | 10.9x | 10.2x | 1.5x |
| Thu, 03 Oct 2024 | ب.د7.5b | ب.د4.9b | ب.د722.8m | 11.2x | 10.3x | 1.5x |
| Sat, 31 Aug 2024 | ب.د7.2b | ب.د4.9b | ب.د722.7m | 11.1x | 10x | 1.5x |
| Mon, 29 Jul 2024 | ب.د7.3b | ب.د4.8b | ب.د664.9m | 10.9x | 11x | 1.5x |
| Wed, 26 Jun 2024 | ب.د8.1b | ب.د4.8b | ب.د650.3m | 11x | 12.5x | 1.7x |
| Fri, 24 May 2024 | ب.د8.1b | ب.د4.8b | ب.د646.9m | 11.5x | 12.5x | 1.7x |
| Sun, 21 Apr 2024 | ب.د8.1b | ب.د4.7b | ب.د642.9m | 11.6x | 12.6x | 1.7x |
| Tue, 19 Mar 2024 | ب.د7.6b | ب.د4.7b | ب.د660.0m | 11x | 11.5x | 1.6x |
| Thu, 15 Feb 2024 | ب.د7.8b | ب.د4.6b | ب.د657.7m | 11.6x | 11.8x | 1.7x |
| Sat, 13 Jan 2024 | ب.د7.8b | ب.د5.4b | ب.د681.6m | 11.6x | 11.4x | 1.4x |
| Mon, 11 Dec 2023 | ب.د7.7b | ب.د5.4b | ب.د681.6m | 11.5x | 11.2x | 1.4x |
| Wed, 08 Nov 2023 | ب.د7.5b | ب.د5.4b | ب.د728.7m | 11.1x | 10.2x | 1.4x |
| Fri, 06 Oct 2023 | ب.د7.5b | ب.د5.4b | ب.د718.3m | 11.5x | 10.5x | 1.4x |
| Sun, 03 Sep 2023 | ب.د7.5b | ب.د5.4b | ب.د718.3m | 11.6x | 10.4x | 1.4x |
Price to Earnings Ratio
10.4x
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 7.6x which is lower than its 3-year average PE of 9.7x.
Past Earnings Growth
- The earnings for Bahraini listed companies have grown 7.5% per year over the last three years, while revenues have remained steady.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Sector Trends
Which sectors have driven the changes within the Bahraini Market?
| BH Market | 0.10% | |
| Financials | 0.46% | |
| Consumer Discretionary | -0.16% | |
| Materials | -0.23% | |
| Telecom | -0.25% | |
| Consumer Staples | -0.58% | |
| Real Estate | -2.40% | |
| Industrials | -2.87% | |
Sector PE
- Investors favour the Industrials sector the most for future growth, which is trading close to its 3-year average PE ratio of 14.0x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 14.2% which is higher than its past year's earnings decline of 42.9% per year.
- 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 14% over the next 5 years.
- This is better than its past earnings decline of 2.5% per year.
- In contrast, the Materials sector is expected to see its earnings decline by 19% 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.د0.22 | 1.9% +ب.د12.5m | 2.8% | PB1x | Financials | |
| NBB National Bank of Bahrain B.S.C | ب.د0.53 | 0.6% +ب.د6.8m | 5.0% | PB2.2x | Financials | |
| KHALEEJI Khaleeji Bank B.S.C | ب.د0.072 | 5.9% +ب.د4.3m | n/a | PB0.6x | Financials | |
| BISB Bahrain Islamic Bank B.S.C | ب.د0.071 | 4.4% +ب.د3.2m | n/a | PB0.5x | Financials | |
| BCFC Bahrain Commercial Facilities Company BSC | ب.د0.24 | 5.2% +ب.د2.4m | n/a | PE12.1x | Financials |
