Arab Banking (BSC) (BAH:ABC) Cyclically Adjusted Book per Share: $1.55 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BAH:ABC Arab Banking Corp (BSC) BAH:ABC
27 GF Score
Price $0.30
GF Value $0.38
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Arab Banking (BSC) Cyclically Adjusted Book per Share?

Arab Banking (BSC) BAH:ABC 27 Cyclically Adjusted Book per Share is $1.55 as of Mar. 2026. GuruFocus rates BAH:ABC with a GF Score™ of 27/100 and a GF Value™ of $0.38 (Modestly Undervalued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Arab Banking (BSC)'s adjusted book value per share for the three months ended in Mar. 2026 was $1.469. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $1.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Arab Banking (BSC)'s average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Arab Banking (BSC) was 4.60% per year. The lowest was 0.90% per year. And the median was 2.30% per year.

As of today (2026-07-21), Arab Banking (BSC)'s current stock price is $0.30. Arab Banking (BSC)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.55. Arab Banking (BSC)'s Cyclically Adjusted PB Ratio of today is 0.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Arab Banking (BSC) was 0.27. The lowest was 0.15. And the median was 0.22.


Arab Banking (BSC)  (BAH:ABC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Arab Banking (BSC)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.30/1.55
=0.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Arab Banking (BSC) was 0.27. The lowest was 0.15. And the median was 0.22.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Arab Banking (BSC) Cyclically Adjusted Book per Share Related Terms


Arab Banking (BSC) Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Arab Banking (BSC)'s Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Arab Banking (BSC) Cyclically Adjusted Book per Share Chart

Arab Banking (BSC) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 1.48 1.50 1.51 1.52

Arab Banking (BSC) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.52 1.53 1.53 1.52 1.55

BAH:ABC vs JPM, BAC, WFC: Cyclically Adjusted Book per Share Comparison

For the Banks - Diversified subindustry, Arab Banking (BSC)'s Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Arab Banking (BSC) Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Arab Banking (BSC)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Arab Banking (BSC)'s Cyclically Adjusted PB Ratio falls into.


BAH:ABC
27GF Score
Arab Banking Corp (BSC) BAH:ABC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arab Banking (BSC) Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Arab Banking (BSC)'s adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.469/330.2130*330.2130
=1.469

Current CPI (Mar. 2026) = 330.2130.

Arab Banking (BSC) Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.233 241.018 1.689
201609 1.256 241.428 1.718
201612 1.230 241.432 1.682
201703 1.232 243.801 1.669
201706 1.237 244.955 1.668
201709 1.263 246.819 1.690
201712 1.264 246.524 1.693
201803 1.240 249.554 1.641
201806 1.219 251.989 1.597
201809 1.236 252.439 1.617
201812 1.247 251.233 1.639
201903 1.245 254.202 1.617
201906 1.268 256.143 1.635
201909 1.275 256.759 1.640
201912 1.302 256.974 1.673
202003 0.000 258.115 0.000
202006 1.175 257.797 1.505
202009 1.187 260.280 1.506
202012 1.217 260.474 1.543
202103 1.213 264.877 1.512
202106 1.257 271.696 1.528
202109 1.247 274.310 1.501
202112 1.251 278.802 1.482
202203 1.363 287.504 1.565
202206 1.326 296.311 1.478
202209 1.323 296.808 1.472
202212 1.323 296.797 1.472
202303 1.307 301.836 1.430
202306 1.342 305.109 1.452
202309 1.361 307.789 1.460
202312 1.390 306.746 1.496
202403 1.356 312.332 1.434
202406 1.349 314.175 1.418
202409 1.373 315.301 1.438
202412 1.360 315.605 1.423
202503 1.379 319.799 1.424
202506 1.410 322.561 1.443
202509 1.452 324.800 1.476
202512 1.525 324.054 1.554
202603 1.469 330.213 1.469

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $1.55 mean?
Arab Banking (BSC) (BAH:ABC) has a Cyclically Adjusted Book per Share of $1.55 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Arab Banking (BSC) and its competitors.
Is Arab Banking (BSC)'s Cyclically Adjusted Book per Share too high?
Arab Banking (BSC)'s current Cyclically Adjusted Book per Share is $1.55. Overall, Arab Banking (BSC) has a GF Score™ of 27/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arab Banking (BSC)'s Cyclically Adjusted Book per Share compare to JPM and BAC?
Arab Banking (BSC)'s Cyclically Adjusted Book per Share of $1.55 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Arab Banking (BSC) and its competitors. Arab Banking (BSC)'s current Cyclically Adjusted Book per Share is $1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arab Banking (BSC) stock overvalued right now?
Based on GuruFocus' analysis, Arab Banking (BSC) (BAH:ABC) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.38, compared to a current price of $0.30 — trading 21.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is $1.55. Arab Banking (BSC)'s overall GF Score™ is 27/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Arab Banking (BSC) (BAH:ABC), the current Cyclically Adjusted Book per Share is $1.55 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Arab Banking (BSC) (BAH:ABC) Overvalued in 2026?

Based on GuruFocus' analysis, Arab Banking (BSC) stock appears to be undervalued. The current stock price of $0.30 is trading 21.1% below its estimated GF Value™ of $0.38. GuruFocus considers Arab Banking (BSC) to be Modestly Undervalued.

Key valuation signals for BAH:ABC:

  • Cyclically Adjusted Book per Share: $1.55
  • GF Value™: $0.38 vs. price of $0.30 (21.1% below fair value)
  • GF Score™: 27/100 with 4 warning signs

No single metric tells the full story. See the BAH:ABC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arab Banking (BSC) Business Description

Address Road 1703, Diplomatic Area, P.O. Box 5698, Bank ABC Tower, Building 152, Block 317, Manama, BHR
Arab Banking Corp (BSC) is an international bank registered in the Kingdom of Bahrain. It acts as a provider of trade finance, treasury, project & structured finance, syndications, corporate and institutional banking as well as Islamic banking services. It operates its business across the globe, covering countries in the Middle East, North Africa, Europe, the Americas, and Asia. The group is organized into five operating segments: MENA subsidiaries, International wholesale banking, Group treasury, ABC Brasil, and Others. It generates the majority of its revenue from ABC Brasil. The company operates in Bahrain, Europe, Brasil, and Other, with the majority of revenue from Brasil.
27GF Score

Get the complete analysis for BAH:ABC

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.30
Price
$0.38
GF Value