Beyon BSC (BAH:BEYON) Cyclically Adjusted Book per Share: BHD0.36 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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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.
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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:BEYON Beyon BSC BAH:BEYON
65 GF Score
Price BHD0.45
GF Value BHD0.55
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Beyon BSC Cyclically Adjusted Book per Share?

Beyon BSC BAH:BEYON 65 Cyclically Adjusted Book per Share is BHD0.36 as of Mar. 2026. GuruFocus rates BAH:BEYON with a GF Score™ of 65/100 and a GF Value™ of BHD0.55 (Modestly Undervalued). The stock has 6 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.

Beyon BSC's adjusted book value per share for the three months ended in Mar. 2026 was BHD0.333. 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 BHD0.36 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Beyon BSC's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.00% 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 Beyon BSC was 4.10% per year. The lowest was 0.00% per year. And the median was 1.00% per year.

As of today (2026-07-21), Beyon BSC's current stock price is BHD0.45. Beyon BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BHD0.36. Beyon BSC's Cyclically Adjusted PB Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Beyon BSC was 1.94. The lowest was 1.26. And the median was 1.42.


Beyon BSC  (BAH:BEYON) 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.

Beyon BSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.45/0.36
=1.25

* 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 Beyon BSC was 1.94. The lowest was 1.26. And the median was 1.42.


Be Aware

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


Beyon BSC Cyclically Adjusted Book per Share Related Terms


Beyon BSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Beyon 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.

Beyon BSC Cyclically Adjusted Book per Share Chart

Beyon 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 0.34 0.35 0.35 0.35 0.35

Beyon 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 0.35 0.36 0.36 0.35 0.36

BAH:BEYON vs TMUS, VZ, T: Cyclically Adjusted Book per Share Comparison

For the Telecom Services subindustry, Beyon 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.


Beyon BSC Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Beyon BSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BAH:BEYON
65GF Score
Beyon BSC BAH:BEYON
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beyon 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, Beyon 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)
=0.333/330.2130*330.2130
=0.333

Current CPI (Mar. 2026) = 330.2130.

Beyon BSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.309 241.018 0.423
201609 0.304 241.428 0.416
201612 0.296 241.432 0.405
201703 0.288 243.801 0.390
201706 0.296 244.955 0.399
201709 0.291 246.819 0.389
201712 0.278 246.524 0.372
201803 0.272 249.554 0.360
201806 0.277 251.989 0.363
201809 0.277 252.439 0.362
201812 0.280 251.233 0.368
201903 0.271 254.202 0.352
201906 0.281 256.143 0.362
201909 0.276 256.759 0.355
201912 0.284 256.974 0.365
202003 0.000 258.115 0.000
202006 0.281 257.797 0.360
202009 0.281 260.280 0.357
202012 0.286 260.474 0.363
202103 0.284 264.877 0.354
202106 0.295 271.696 0.359
202109 0.290 274.310 0.349
202112 0.296 278.802 0.351
202203 0.286 287.504 0.328
202206 0.294 296.311 0.328
202209 0.287 296.808 0.319
202212 0.301 296.797 0.335
202303 0.293 301.836 0.321
202306 0.308 305.109 0.333
202309 0.307 307.789 0.329
202312 0.322 306.746 0.347
202403 0.318 312.332 0.336
202406 0.329 314.175 0.346
202409 0.330 315.301 0.346
202412 0.341 315.605 0.357
202503 0.327 319.799 0.338
202506 0.344 322.561 0.352
202509 0.342 324.800 0.348
202512 0.347 324.054 0.354
202603 0.333 330.213 0.333

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 BHD0.36 mean?
Beyon BSC (BAH:BEYON) has a Cyclically Adjusted Book per Share of BHD0.36 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 Beyon BSC and its competitors.
Is Beyon BSC's Cyclically Adjusted Book per Share too high?
Beyon BSC's current Cyclically Adjusted Book per Share is BHD0.36. Overall, Beyon BSC has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beyon BSC's Cyclically Adjusted Book per Share compare to TMUS and VZ?
Beyon BSC's Cyclically Adjusted Book per Share of BHD0.36 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Cyclically Adjusted Book per Share depends on the Telecommunication Services 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 Beyon BSC and its competitors. Beyon BSC's current Cyclically Adjusted Book per Share is BHD0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beyon BSC stock overvalued right now?
Based on GuruFocus' analysis, Beyon BSC (BAH:BEYON) is currently considered Modestly Undervalued. The stock's GF Value™ is BHD0.55, compared to a current price of BHD0.45 — trading 18.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is BHD0.36. Beyon BSC's overall GF Score™ is 65/100 with 6 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 Beyon BSC (BAH:BEYON), the current Cyclically Adjusted Book per Share is BHD0.36 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 Beyon BSC (BAH:BEYON) Overvalued in 2026?

Based on GuruFocus' analysis, Beyon BSC stock appears to be undervalued. The current stock price of BHD0.45 is trading 18.2% below its estimated GF Value™ of BHD0.55. GuruFocus considers Beyon BSC to be Modestly Undervalued.

Key valuation signals for BAH:BEYON:

  • Cyclically Adjusted Book per Share: BHD0.36
  • GF Value™: BHD0.55 vs. price of BHD0.45 (18.2% below fair value)
  • GF Score™: 65/100 with 6 warning signs

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


Beyon BSC Business Description

Address Building 1095, Road 1425, Block 1014, Hamala, BHR
Beyon BSC is active in the telecom industry. It provides public telecoms, associated products, information, and entertainment within and outside the Kingdom of Bahrain. The company offers mobile, fixed broadband, data communication, and cloud services, alongside specialized digital financial, cyber security, and IT solutions, with operations across the Middle East and internationally.
65GF Score

Get the complete analysis for BAH:BEYON

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

BHD0.45
Price
BHD0.55
GF Value