Bahrain Flour Mills Co (BAH:BFM) Cyclically Adjusted Book per Share: BHD1.08 (As of Mar. 2026)


BAH:BFM Bahrain Flour Mills Co BAH:BFM
45 GF Score
Price BHD0.37
GF Value BHD0.36
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Bahrain Flour Mills Co Cyclically Adjusted Book per Share?

Bahrain Flour Mills Co BAH:BFM 45 Cyclically Adjusted Book per Share is BHD1.08 as of Mar. 2026. GuruFocus rates BAH:BFM with a GF Score™ of 45/100 and a GF Value™ of BHD0.36 (Fairly Valued). 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.

Bahrain Flour Mills Co's adjusted book value per share for the three months ended in Mar. 2026 was BHD1.104. 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 BHD1.08 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bahrain Flour Mills Co's average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 Bahrain Flour Mills Co was 7.00% per year. The lowest was 3.80% per year. And the median was 5.40% per year.

As of today (2026-07-13), Bahrain Flour Mills Co's current stock price is BHD0.365. Bahrain Flour Mills Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BHD1.08. Bahrain Flour Mills Co's Cyclically Adjusted PB Ratio of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bahrain Flour Mills Co was 0.41. The lowest was 0.34. And the median was 0.36.


Bahrain Flour Mills Co  (BAH:BFM) 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.

Bahrain Flour Mills Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.365/1.08
=0.34

* 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 Bahrain Flour Mills Co was 0.41. The lowest was 0.34. And the median was 0.36.


Be Aware

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


Bahrain Flour Mills Co Cyclically Adjusted Book per Share Related Terms


Bahrain Flour Mills Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Bahrain Flour Mills Co'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.

Bahrain Flour Mills Co Cyclically Adjusted Book per Share Chart

Bahrain Flour Mills Co 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 0.87 0.94 0.98 1.02 1.05

Bahrain Flour Mills Co 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 1.03 1.04 1.05 1.05 1.08

BAH:BFM vs KHC, GIS, HRL: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Bahrain Flour Mills Co'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.


Bahrain Flour Mills Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bahrain Flour Mills Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bahrain Flour Mills Co's Cyclically Adjusted PB Ratio falls into.


BAH:BFM
45GF Score
Bahrain Flour Mills Co BAH:BFM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bahrain Flour Mills Co 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, Bahrain Flour Mills Co'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)
=1.104/330.2130*330.2130
=1.104

Current CPI (Mar. 2026) = 330.2130.

Bahrain Flour Mills Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.735 241.018 1.007
201609 0.728 241.428 0.996
201612 0.745 241.432 1.019
201703 0.734 243.801 0.994
201706 0.739 244.955 0.996
201709 0.748 246.819 1.001
201712 0.737 246.524 0.987
201803 0.749 249.554 0.991
201806 0.766 251.989 1.004
201809 0.771 252.439 1.009
201812 0.765 251.233 1.005
201903 0.775 254.202 1.007
201906 0.793 256.143 1.022
201909 0.792 256.759 1.019
201912 0.808 256.974 1.038
202003 0.000 258.115 0.000
202006 0.768 257.797 0.984
202009 0.814 260.280 1.033
202012 0.841 260.474 1.066
202103 0.870 264.877 1.085
202106 0.924 271.696 1.123
202109 0.964 274.310 1.160
202112 0.984 278.802 1.165
202203 1.075 287.504 1.235
202206 1.014 296.311 1.130
202209 1.021 296.808 1.136
202212 1.016 296.797 1.130
202303 1.011 301.836 1.106
202306 1.052 305.109 1.139
202309 1.055 307.789 1.132
202312 1.091 306.746 1.174
202403 1.089 312.332 1.151
202406 1.072 314.175 1.127
202409 1.086 315.301 1.137
202412 1.082 315.605 1.132
202503 1.044 319.799 1.078
202506 1.084 322.561 1.110
202509 1.105 324.800 1.123
202512 1.104 324.054 1.125
202603 1.104 330.213 1.104

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 BHD1.08 mean?
Bahrain Flour Mills Co (BAH:BFM) has a Cyclically Adjusted Book per Share of BHD1.08 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 Bahrain Flour Mills Co and its competitors.
Is Bahrain Flour Mills Co's Cyclically Adjusted Book per Share too high?
Bahrain Flour Mills Co's current Cyclically Adjusted Book per Share is BHD1.08. Overall, Bahrain Flour Mills Co has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bahrain Flour Mills Co's Cyclically Adjusted Book per Share compare to KHC and GIS?
Bahrain Flour Mills Co's Cyclically Adjusted Book per Share of BHD1.08 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Bahrain Flour Mills Co and its competitors. Bahrain Flour Mills Co's current Cyclically Adjusted Book per Share is BHD1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bahrain Flour Mills Co stock overvalued right now?
Based on GuruFocus' analysis, Bahrain Flour Mills Co (BAH:BFM) is currently considered Fairly Valued. The stock's GF Value™ is BHD0.36, compared to a current price of BHD0.37 — trading 1.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is BHD1.08. Bahrain Flour Mills Co's overall GF Score™ is 45/100 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 Bahrain Flour Mills Co (BAH:BFM), the current Cyclically Adjusted Book per Share is BHD1.08 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 Bahrain Flour Mills Co (BAH:BFM) Overvalued in 2026?

Based on GuruFocus' analysis, Bahrain Flour Mills Co stock appears to be overvalued. The current stock price of BHD0.37 is trading 1.4% above its estimated GF Value™ of BHD0.36. GuruFocus considers Bahrain Flour Mills Co to be Fairly Valued.

Key valuation signals for BAH:BFM:

  • Cyclically Adjusted Book per Share: BHD1.08
  • GF Value™: BHD0.36 vs. price of BHD0.37 (1.4% above fair value)
  • GF Score™: 45/100 with 4 warning signs

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


Bahrain Flour Mills Co Business Description

Address Building No. 1773, Road No. 4236, Block No. 342, P.O. Box 26787, Kingdom of Bahrain, Mina Salman, Manama, BHR
Bahrain Flour Mills Co is engaged in wheat grinding and flour marketing. The principal activities of the company include the import of wheat and the production of wheat flour and related products. It offers products such as all-purpose flour, hab hares, jeers, semolina, pizza flour, dumpling mix, whole meal flour, and Dumpling mix. The company's activities mainly comprise two segments: Flour Mills and Investments.
45GF Score

Get the complete analysis for BAH:BFM

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

BHD0.37
Price
BHD0.36
GF Value