Aluminium Bahrain BSC (LSE:ALBH) Cyclically Adjusted Book per Share: $14.69 (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.

LSE:ALBH Aluminium Bahrain BSC LSE:ALBH
86 GF Score
Price $12.10
GF Value $16.18
! 3 Warning Signs
View Full Analysis

What is Aluminium Bahrain BSC Cyclically Adjusted Book per Share?

Aluminium Bahrain BSC LSE:ALBH 86 Cyclically Adjusted Book per Share is $14.69 as of Jun. 2026. GuruFocus rates LSE:ALBH with a GF Score™ of 86/100 and a GF Value™ of $16.18. The stock has 3 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.

Aluminium Bahrain BSC's adjusted book value per share for the three months ended in Jun. 2026 was $20.232. 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 $14.69 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Aluminium Bahrain BSC's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.40% 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 Aluminium Bahrain BSC was 10.40% per year. The lowest was 7.90% per year. And the median was 9.50% per year.

As of today (2026-08-24), Aluminium Bahrain BSC's current stock price is $12.10. Aluminium Bahrain BSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $14.69. Aluminium Bahrain BSC's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aluminium Bahrain BSC was 1.95. The lowest was 0.46. And the median was 1.04.


Aluminium Bahrain BSC  (LSE:ALBH) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.10/14.69
=0.82

* 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 Aluminium Bahrain BSC was 1.95. The lowest was 0.46. And the median was 1.04.


Be Aware

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


Aluminium Bahrain BSC Cyclically Adjusted Book per Share Related Terms


Aluminium Bahrain BSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Aluminium 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.

Aluminium Bahrain BSC Cyclically Adjusted Book per Share Chart

Aluminium 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 7.00 13.62 13.98 9.69 12.37

Aluminium 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 13.40 14.87 12.37 15.97 14.69

LSE:ALBH vs AA, CENX, CSTM: Cyclically Adjusted Book per Share Comparison

For the Aluminum subindustry, Aluminium 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.


Aluminium Bahrain BSC Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminium Bahrain BSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LSE:ALBH
86GF Score
Aluminium Bahrain BSC LSE:ALBH
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aluminium 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, Aluminium 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)
=20.232/333.9520*333.9520
=20.232

Current CPI (Jun. 2026) = 333.9520.

Aluminium Bahrain BSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.156 241.428 12.665
201612 9.283 241.432 12.840
201703 9.270 243.801 12.698
201706 9.436 244.955 12.864
201709 9.625 246.819 13.023
201712 9.845 246.524 13.336
201803 9.817 249.554 13.137
201806 10.094 251.989 13.377
201809 10.234 252.439 13.539
201812 10.063 251.233 13.376
201903 9.916 254.202 13.027
201906 9.882 256.143 12.884
201909 9.935 256.759 12.922
201912 10.058 256.974 13.071
202003 10.032 258.115 12.980
202006 9.858 257.797 12.770
202009 9.789 260.280 12.560
202012 10.102 260.474 12.952
202103 10.644 264.877 13.420
202106 11.510 271.696 14.147
202109 12.690 274.310 15.449
202112 14.065 278.802 16.847
202203 14.835 287.504 17.232
202206 16.569 296.311 18.674
202209 16.687 296.808 18.775
202212 17.050 296.797 19.184
202303 16.262 301.836 17.992
202306 16.570 305.109 18.136
202309 16.586 307.789 17.996
202312 16.737 306.746 18.221
202403 16.790 312.332 17.952
202406 17.410 314.175 18.506
202409 17.636 315.301 18.679
202412 17.994 315.605 19.040
202503 17.796 319.799 18.584
202506 17.999 322.561 18.635
202509 18.488 324.800 19.009
202512 19.495 324.054 20.090
202603 19.626 330.213 19.848
202606 20.232 333.952 20.232

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 $14.69 mean?
Aluminium Bahrain BSC (LSE:ALBH) has a Cyclically Adjusted Book per Share of $14.69 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 Aluminium Bahrain BSC and its competitors.
Is Aluminium Bahrain BSC's Cyclically Adjusted Book per Share too high?
Aluminium Bahrain BSC's current Cyclically Adjusted Book per Share is $14.69. Overall, Aluminium Bahrain BSC has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Aluminium Bahrain BSC's Cyclically Adjusted Book per Share compare to AA and CENX?
Aluminium Bahrain BSC's Cyclically Adjusted Book per Share of $14.69 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining 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 Aluminium Bahrain BSC and its competitors. Aluminium Bahrain BSC's current Cyclically Adjusted Book per Share is $14.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aluminium Bahrain BSC stock overvalued right now?
Aluminium Bahrain BSC (LSE:ALBH) has a current Cyclically Adjusted Book per Share of $14.69. The stock's GF Value™ is $16.18, compared to a current price of $12.10 — trading 25.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is $14.69. Aluminium Bahrain BSC's overall GF Score™ is 86/100 with 3 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 Aluminium Bahrain BSC (LSE:ALBH), the current Cyclically Adjusted Book per Share is $14.69 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 Aluminium Bahrain BSC (LSE:ALBH) Overvalued in 2026?

Based on GuruFocus' analysis, Aluminium Bahrain BSC stock appears to be undervalued. The current stock price of $12.10 is trading 25.2% below its estimated GF Value™ of $16.18.

Key valuation signals for LSE:ALBH:

  • Cyclically Adjusted Book per Share: $14.69
  • GF Value™: $16.18 vs. price of $12.10 (25.2% below fair value)
  • GF Score™: 86/100 with 3 warning signs

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


Aluminium Bahrain BSC Business Description

Other Exchanges ALBH:Bahrain
Address 94 Road, King Hamad Highway, Building 150, Block 951, P.O. Box 570, Askar, BHR
Aluminium Bahrain BSC manufactures aluminum and aluminum related products. The company owns and operates aluminum smelter where it produces Extrusion Billets, Foundry Alloy Ingots Propertzi and Standard Ingot Form, Rolling Slabs, Tee and Standard Ingots and Liquid Metal. The other products of the company are anodes, water, power, and calcined coke. Geographically, the company operates in Kingdom of Bahrain, Europe, Rest of the Middle East and North Africa, Asia and Americas.
86GF Score

Get the complete analysis for LSE:ALBH

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

$12.10
Price
$16.18
GF Value