Solidarity Bahrain BSC (BAH:SOLID) Cyclically Adjusted Book per Share: BHD0.27 (As of Jun. 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:SOLID Solidarity Bahrain BSC BAH:SOLID
38 GF Score
Price BHD0.40
GF Value BHD0.40
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Solidarity Bahrain BSC Cyclically Adjusted Book per Share?

Solidarity Bahrain BSC BAH:SOLID 38 Cyclically Adjusted Book per Share is BHD0.27 as of Jun. 2026. GuruFocus rates BAH:SOLID with a GF Score™ of 38/100 and a GF Value™ of BHD0.40 (Fairly Valued). 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.

Solidarity Bahrain BSC's adjusted book value per share for the three months ended in Jun. 2026 was BHD0.492. 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 BHD0.27 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Solidarity Bahrain BSC's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Solidarity Bahrain BSC was 7.30% per year. The lowest was 3.40% per year. And the median was 4.60% per year.

As of today (2026-08-20), Solidarity Bahrain BSC's current stock price is BHD0.395. Solidarity Bahrain BSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was BHD0.27. Solidarity Bahrain BSC's Cyclically Adjusted PB Ratio of today is 1.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Solidarity Bahrain BSC was 2.00. The lowest was 0.82. And the median was 1.18.


Solidarity Bahrain BSC  (BAH:SOLID) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.395/0.27
=1.46

* 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 Solidarity Bahrain BSC was 2.00. The lowest was 0.82. And the median was 1.18.


Be Aware

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


Solidarity Bahrain BSC Cyclically Adjusted Book per Share Related Terms


Solidarity Bahrain BSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Solidarity 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.

Solidarity Bahrain BSC Cyclically Adjusted Book per Share Chart

Solidarity 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 0.19 0.21 0.21 0.21 0.24

Solidarity Bahrain BSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.23 0.24 0.24 0.26 0.27

BAH:SOLID vs BRK.A, AIG, HIG: Cyclically Adjusted Book per Share Comparison

For the Insurance - Diversified subindustry, Solidarity 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.


Solidarity Bahrain BSC Cyclically Adjusted PB Ratio vs Insurance Industry

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

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


BAH:SOLID
38GF Score
Solidarity Bahrain BSC BAH:SOLID
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solidarity 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, Solidarity Bahrain BSC's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.492/333.9520*333.9520
=0.492

Current CPI (Jun. 2026) = 333.9520.

Solidarity Bahrain BSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.164 241.428 0.227
201612 0.162 241.432 0.224
201703 0.161 243.801 0.221
201706 0.159 244.955 0.217
201709 0.155 246.819 0.210
201712 0.154 246.524 0.209
201803 0.147 249.554 0.197
201806 0.162 251.989 0.215
201809 0.165 252.439 0.218
201812 0.169 251.233 0.225
201903 0.166 254.202 0.218
201906 0.170 256.143 0.222
201909 0.174 256.759 0.226
201912 0.178 256.974 0.231
202003 0.000 258.115 0.000
202006 0.173 257.797 0.224
202009 0.179 260.280 0.230
202012 0.185 260.474 0.237
202103 0.179 264.877 0.226
202106 0.184 271.696 0.226
202109 0.190 274.310 0.231
202112 0.196 278.802 0.235
202203 0.190 287.504 0.221
202206 0.185 296.311 0.209
202209 0.188 296.808 0.212
202212 0.193 296.797 0.217
202303 0.185 301.836 0.205
202306 0.192 305.109 0.210
202309 0.199 307.789 0.216
202312 0.214 306.746 0.233
202403 0.202 312.332 0.216
202406 0.208 314.175 0.221
202409 0.214 315.301 0.227
202412 0.232 315.605 0.245
202503 0.403 319.799 0.421
202506 0.497 322.561 0.515
202509 0.559 324.800 0.575
202512 0.567 324.054 0.584
202603 0.548 330.213 0.554
202606 0.492 333.952 0.492

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 BHD0.27 mean?
Solidarity Bahrain BSC (BAH:SOLID) has a Cyclically Adjusted Book per Share of BHD0.27 as of Jun. 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 Solidarity Bahrain BSC and its competitors.
Is Solidarity Bahrain BSC's Cyclically Adjusted Book per Share too high?
Solidarity Bahrain BSC's current Cyclically Adjusted Book per Share is BHD0.27. Overall, Solidarity Bahrain BSC has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solidarity Bahrain BSC's Cyclically Adjusted Book per Share compare to BRK.A and AIG?
Solidarity Bahrain BSC's Cyclically Adjusted Book per Share of BHD0.27 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 Solidarity Bahrain BSC and its competitors. Solidarity Bahrain BSC's current Cyclically Adjusted Book per Share is BHD0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidarity Bahrain BSC stock overvalued right now?
Based on GuruFocus' analysis, Solidarity Bahrain BSC (BAH:SOLID) is currently considered Fairly Valued. The stock's GF Value™ is BHD0.40, compared to a current price of BHD0.40 — trading 1.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is BHD0.27. Solidarity Bahrain BSC's overall GF Score™ is 38/100 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 Solidarity Bahrain BSC (BAH:SOLID), the current Cyclically Adjusted Book per Share is BHD0.27 as of Jun. 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 Solidarity Bahrain BSC (BAH:SOLID) Overvalued in 2026?

Based on GuruFocus' analysis, Solidarity Bahrain BSC stock appears to be undervalued. The current stock price of BHD0.40 is trading 1.3% below its estimated GF Value™ of BHD0.40. GuruFocus considers Solidarity Bahrain BSC to be Fairly Valued.

Key valuation signals for BAH:SOLID:

  • Cyclically Adjusted Book per Share: BHD0.27
  • GF Value™: BHD0.40 vs. price of BHD0.40 (1.3% below fair value)
  • GF Score™: 38/100 with 6 warning signs

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


Solidarity Bahrain BSC Business Description

Address Road 2825, PO Box 5282, Flat 71, 7th Floor - Seef Tower, Building 2080, Block 428, Seef Area, Manama, BHR
Solidarity Bahrain BSC is engaged in providing insurance services in Bahrain. The company provides motor insurance, home insurance, car insurance, personal accident insurance, medical insurance, travel insurance, and other products. The company operates in the business segments, namely, Non-motor, which includes fire, marine, general accident, liability, Aviation, and engineering lines of business; Motor; Medical; Group Life, which includes group life and credit life business; and Family Takaful, which includes long-term decreasing term and level term business. The maximum of the company's revenue is from the Motor segment. Geographically operates in Bahrain, the UAE, Saudi Arabia, Oman, Kuwait, and other countries.
38GF Score

Get the complete analysis for BAH:SOLID

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

BHD0.40
Price
BHD0.40
GF Value