Arab Insurance Group BSC (BAH:ARIG) Cyclically Adjusted Book per Share: $1.53 (As of Mar. 2026)


BAH:ARIG Arab Insurance Group BSC BAH:ARIG
31 GF Score
Price $0.94
GF Value $0.74
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Arab Insurance Group BSC Cyclically Adjusted Book per Share?

Arab Insurance Group BSC BAH:ARIG 31 Cyclically Adjusted Book per Share is $1.53 as of Mar. 2026. GuruFocus rates BAH:ARIG with a GF Score™ of 31/100 and a GF Value™ of $0.74 (Modestly Overvalued). The stock has 5 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 Insurance Group BSC's adjusted book value per share for the three months ended in Mar. 2026 was $1.321. 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 $1.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Arab Insurance Group BSC's average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.90% 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 Insurance Group BSC was 2.60% per year. The lowest was 0.90% per year. And the median was 1.75% per year.

As of today (2026-07-08), Arab Insurance Group BSC's current stock price is $0.94. Arab Insurance Group BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.53. Arab Insurance Group BSC's Cyclically Adjusted PB Ratio of today is 0.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Arab Insurance Group BSC was 0.69. The lowest was 0.30. And the median was 0.48.


Arab Insurance Group BSC  (BAH:ARIG) 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 Insurance Group BSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.94/1.53
=0.61

* 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 Insurance Group BSC was 0.69. The lowest was 0.30. And the median was 0.48.


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 Insurance Group BSC Cyclically Adjusted Book per Share Related Terms


Arab Insurance Group BSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Arab Insurance Group 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 Insurance Group BSC Cyclically Adjusted Book per Share Chart

Arab Insurance Group 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 1.40 1.47 1.51 1.51 1.51

Arab Insurance Group 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 1.52 1.52 1.51 1.53

BAH:ARIG vs RGA, EG, RNR: Cyclically Adjusted Book per Share Comparison

For the Insurance - Reinsurance subindustry, Arab Insurance Group 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 Insurance Group BSC Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Arab Insurance Group BSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Arab Insurance Group BSC's Cyclically Adjusted PB Ratio falls into.


BAH:ARIG
31GF Score
Arab Insurance Group BSC BAH:ARIG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arab Insurance Group 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 Insurance Group 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)
=1.321/330.2130*330.2130
=1.321

Current CPI (Mar. 2026) = 330.2130.

Arab Insurance Group BSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.271 241.018 1.741
201609 1.286 241.428 1.759
201612 1.296 241.432 1.773
201703 1.269 243.801 1.719
201706 1.291 244.955 1.740
201709 1.300 246.819 1.739
201712 1.297 246.524 1.737
201803 1.282 249.554 1.696
201806 1.154 251.989 1.512
201809 1.159 252.439 1.516
201812 0.992 251.233 1.304
201903 1.034 254.202 1.343
201906 1.095 256.143 1.412
201909 1.123 256.759 1.444
201912 1.153 256.974 1.482
202003 0.000 258.115 0.000
202006 1.129 257.797 1.446
202009 1.167 260.280 1.481
202012 1.239 260.474 1.571
202103 1.238 264.877 1.543
202106 1.275 271.696 1.550
202109 1.301 274.310 1.566
202112 1.406 278.802 1.665
202203 1.299 287.504 1.492
202206 1.282 296.311 1.429
202209 1.277 296.808 1.421
202212 1.447 296.797 1.610
202303 1.412 301.836 1.545
202306 1.433 305.109 1.551
202309 1.454 307.789 1.560
202312 1.486 306.746 1.600
202403 1.329 312.332 1.405
202406 1.356 314.175 1.425
202409 1.412 315.301 1.479
202412 1.427 315.605 1.493
202503 1.329 319.799 1.372
202506 1.341 322.561 1.373
202509 1.353 324.800 1.376
202512 1.351 324.054 1.377
202603 1.321 330.213 1.321

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 $1.53 mean?
Arab Insurance Group BSC (BAH:ARIG) has a Cyclically Adjusted Book per Share of $1.53 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 Insurance Group BSC and its competitors.
Is Arab Insurance Group BSC's Cyclically Adjusted Book per Share too high?
Arab Insurance Group BSC's current Cyclically Adjusted Book per Share is $1.53. Overall, Arab Insurance Group BSC has a GF Score™ of 31/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arab Insurance Group BSC's Cyclically Adjusted Book per Share compare to RGA and EG?
Arab Insurance Group BSC's Cyclically Adjusted Book per Share of $1.53 can be compared against companies in the Insurance 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 an Insurance company?
A good Cyclically Adjusted Book per Share depends on the Insurance 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 Insurance Group BSC and its competitors. Arab Insurance Group BSC's current Cyclically Adjusted Book per Share is $1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arab Insurance Group BSC stock overvalued right now?
Based on GuruFocus' analysis, Arab Insurance Group BSC (BAH:ARIG) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.74, compared to a current price of $0.94 — trading 27% above its estimated fair value. The current Cyclically Adjusted Book per Share is $1.53. Arab Insurance Group BSC's overall GF Score™ is 31/100 with 5 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 Insurance Group BSC (BAH:ARIG), the current Cyclically Adjusted Book per Share is $1.53 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 Insurance Group BSC (BAH:ARIG) Overvalued in 2026?

Based on GuruFocus' analysis, Arab Insurance Group BSC stock appears to be overvalued. The current stock price of $0.94 is trading 27% above its estimated GF Value™ of $0.74. GuruFocus considers Arab Insurance Group BSC to be Modestly Overvalued.

Key valuation signals for BAH:ARIG:

  • Cyclically Adjusted Book per Share: $1.53
  • GF Value™: $0.74 vs. price of $0.94 (27% above fair value)
  • GF Score™: 31/100 with 5 warning signs

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


Arab Insurance Group BSC Business Description

Address Arig House, Road 1702, P.O. Box 26992, Building 131, Diplomatic Area 317, Manama, BHR
Arab Insurance Group BSC is an international insurance company. The company is involved in the provision of general (non-life) and life reinsurance and related service activities. Its Non-Life business consists of property; engineering; marine; accident; whole account and others. Life business mainly involves short-term and long-term policies. The company derives a majority of its revenue from the non-life segment.
31GF Score

Get the complete analysis for BAH:ARIG

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

$0.94
Price
$0.74
GF Value