National Bank of Bahrain BSC (BAH:NBB) Cyclically Adjusted Book per Share: BHD0.26 (As of Mar. 2026)


BAH:NBB National Bank of Bahrain BSC BAH:NBB
62 GF Score
Price BHD0.55
GF Value BHD0.55
Valuation Fairly Valued
! 4 Warning Signs
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What is National Bank of Bahrain BSC Cyclically Adjusted Book per Share?

National Bank of Bahrain BSC BAH:NBB +0.55% 62 Cyclically Adjusted Book per Share is BHD0.26 as of Mar. 2026. GuruFocus rates BAH:NBB with a GF Score™ of 62/100 and a GF Value™ of BHD0.55 (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.

National Bank of Bahrain BSC's adjusted book value per share for the three months ended in Mar. 2026 was BHD0.228. 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 BHD0.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, National Bank of Bahrain BSC's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 National Bank of Bahrain BSC was 10.10% per year. The lowest was 4.20% per year. And the median was 7.25% per year.

As of today (2026-07-08), National Bank of Bahrain BSC's current stock price is BHD0.547. National Bank of Bahrain BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BHD0.26. National Bank of Bahrain BSC's Cyclically Adjusted PB Ratio of today is 2.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of National Bank of Bahrain BSC was 2.98. The lowest was 1.82. And the median was 2.50.


National Bank of Bahrain BSC  (BAH:NBB) 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.

National Bank of Bahrain BSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.547/0.26
=2.10

* 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 National Bank of Bahrain BSC was 2.98. The lowest was 1.82. And the median was 2.50.


Be Aware

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


National Bank of Bahrain BSC Cyclically Adjusted Book per Share Related Terms


National Bank of Bahrain BSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for National Bank of Bahrain 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.

National Bank of Bahrain BSC Cyclically Adjusted Book per Share Chart

National Bank of Bahrain 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 0.21 0.23 0.24 0.25 0.26

National Bank of Bahrain 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 0.25 0.25 0.26 0.26 0.26

BAH:NBB vs PNC, USB: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, National Bank of Bahrain 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.


National Bank of Bahrain BSC Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, National Bank of Bahrain BSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where National Bank of Bahrain BSC's Cyclically Adjusted PB Ratio falls into.


BAH:NBB
62GF Score
National Bank of Bahrain BSC BAH:NBB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Bank of Bahrain 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, National Bank of Bahrain 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)
=0.228/330.2130*330.2130
=0.228

Current CPI (Mar. 2026) = 330.2130.

National Bank of Bahrain BSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.152 241.018 0.208
201609 0.167 241.428 0.228
201612 0.184 241.432 0.252
201703 0.184 243.801 0.249
201706 0.185 244.955 0.249
201709 0.191 246.819 0.256
201712 0.198 246.524 0.265
201803 0.185 249.554 0.245
201806 0.188 251.989 0.246
201809 0.206 252.439 0.269
201812 0.211 251.233 0.277
201903 0.207 254.202 0.269
201906 0.215 256.143 0.277
201909 0.224 256.759 0.288
201912 0.236 256.974 0.303
202003 0.000 258.115 0.000
202006 0.210 257.797 0.269
202009 0.216 260.280 0.274
202012 0.229 260.474 0.290
202103 0.221 264.877 0.276
202106 0.226 271.696 0.275
202109 0.229 274.310 0.276
202112 0.233 278.802 0.276
202203 0.234 287.504 0.269
202206 0.233 296.311 0.260
202209 0.237 296.808 0.264
202212 0.250 296.797 0.278
202303 0.233 301.836 0.255
202306 0.246 305.109 0.266
202309 0.245 307.789 0.263
202312 0.249 306.746 0.268
202403 0.243 312.332 0.257
202406 0.252 314.175 0.265
202409 0.250 315.301 0.262
202412 0.258 315.605 0.270
202503 0.241 319.799 0.249
202506 0.247 322.561 0.253
202509 0.252 324.800 0.256
202512 0.259 324.054 0.264
202603 0.228 330.213 0.228

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 BHD0.26 mean?
National Bank of Bahrain BSC (BAH:NBB) has a Cyclically Adjusted Book per Share of BHD0.26 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 National Bank of Bahrain BSC and its competitors.
Is National Bank of Bahrain BSC's Cyclically Adjusted Book per Share too high?
National Bank of Bahrain BSC's current Cyclically Adjusted Book per Share is BHD0.26. Overall, National Bank of Bahrain BSC has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Bahrain BSC's Cyclically Adjusted Book per Share compare to PNC and USB?
National Bank of Bahrain BSC's Cyclically Adjusted Book per Share of BHD0.26 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 National Bank of Bahrain BSC and its competitors. National Bank of Bahrain BSC's current Cyclically Adjusted Book per Share is BHD0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of Bahrain BSC stock overvalued right now?
Based on GuruFocus' analysis, National Bank of Bahrain BSC (BAH:NBB) is currently considered Fairly Valued. The stock's GF Value™ is BHD0.55, compared to a current price of BHD0.55 — trading 0.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is BHD0.26. National Bank of Bahrain BSC's overall GF Score™ is 62/100 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 National Bank of Bahrain BSC (BAH:NBB), the current Cyclically Adjusted Book per Share is BHD0.26 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 National Bank of Bahrain BSC (BAH:NBB) Overvalued in 2026?

Based on GuruFocus' analysis, National Bank of Bahrain BSC stock appears to be undervalued. The current stock price of BHD0.55 is trading 0.5% below its estimated GF Value™ of BHD0.55. GuruFocus considers National Bank of Bahrain BSC to be Fairly Valued.

Key valuation signals for BAH:NBB:

  • Cyclically Adjusted Book per Share: BHD0.26
  • GF Value™: BHD0.55 vs. price of BHD0.55 (0.5% below fair value)
  • GF Score™: 62/100 with 4 warning signs

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


National Bank of Bahrain BSC Business Description

Address Government Avenue, NBB Tower, P.O. Box 106, Manama, BHR
National Bank of Bahrain BSC is a commercial banking service provider in Bahrain. The company's operating segments include Retail Banking, Corporate & Commercial Banking, Overseas Branches and Market & Client Solutions. The consumer banking and business banking related SBUs in Bahrain provide various banking products and services to the Group's customers. The SBUs are differentiated based on their respective customer segments. Retail Banking caters to individuals and non-borrowing SMEs, while Corporate & Commercial Banking caters to governments, corporates, commercial enterprises and borrowing SMEs.
62GF Score

Get the complete analysis for BAH:NBB

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

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