Arab Insurance Group BSC (BAH:ARIG) Cyclically Adjusted PB Ratio: 0.61 (As of Jul. 25, 2026) — 15% Above Median

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BAH:ARIG Arab Insurance Group BSC BAH:ARIG
31 GF Score
Price $0.94
GF Value $0.74
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Arab Insurance Group BSC Cyclically Adjusted PB Ratio?

Arab Insurance Group BSC BAH:ARIG 31 Cyclically Adjusted PB Ratio is 0.61 as of Jul. 25, 2026, which is 15% above its 10-year median of 0.53. GuruFocus rates BAH:ARIG with a GF Score™ of 31/100 and a GF Value™ of $0.74 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 416 Insurance companies, Arab Insurance Group BSC ranks better than 83.65% on this metric.

As of today (2026-07-25), Arab Insurance Group BSC's current share price is $0.94. Arab Insurance Group BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.53. Arab Insurance Group BSC's Cyclically Adjusted PB Ratio for today is 0.61.

The historical rank and industry rank for Arab Insurance Group BSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

BAH:ARIG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.53   Max: 0.69
Current: 0.62

During the past years, Arab Insurance Group BSC's highest Cyclically Adjusted PB Ratio was 0.69. The lowest was 0.30. And the median was 0.53.

BAH:ARIG's Cyclically Adjusted PB Ratio is ranked better than
83.65% of 416 companies
in the Insurance industry
Industry Median: 1.39 vs BAH:ARIG: 0.62

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.

Arab Insurance Group BSC's adjusted book value per share data for the three months ended in Mar. 2026 was $1.321. 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 $1.53 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arab Insurance Group BSC  (BAH:ARIG) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Arab Insurance Group BSC Cyclically Adjusted PB Ratio Related Terms


Arab Insurance Group BSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Arab Insurance Group BSC's Cyclically Adjusted PB Ratio 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.

Arab Insurance Group BSC Cyclically Adjusted PB Ratio Chart

Arab Insurance Group BSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.30 0.53 0.53 0.62

Arab Insurance Group 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 PB Ratio 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 0.63 0.63 0.62 0.62 0.62

BAH:ARIG vs RGA, EG, RNR: Cyclically Adjusted PB Ratio Comparison

For the Insurance - Reinsurance subindustry, Arab Insurance Group 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.


Arab Insurance Group BSC Cyclically Adjusted PB Ratio vs Insurance Industry

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

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


BAH:ARIG
31GF Score
Arab Insurance Group BSC BAH:ARIG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arab Insurance Group BSC Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Arab Insurance Group BSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.94/1.53
=0.61

* 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.

Arab Insurance Group BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Arab Insurance Group 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)
=1.321/330.2130*330.2130
=1.321

Current CPI (Mar. 2026) = 330.2130.

Arab Insurance Group BSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.271 241.018 1.741
201609 1.286 241.428 1.759
201612 1.296 241.432 1.773
201703 1.269 243.801 1.719
201706 1.291 244.955 1.740
201709 1.300 246.819 1.739
201712 1.297 246.524 1.737
201803 1.282 249.554 1.696
201806 1.154 251.989 1.512
201809 1.159 252.439 1.516
201812 0.992 251.233 1.304
201903 1.034 254.202 1.343
201906 1.095 256.143 1.412
201909 1.123 256.759 1.444
201912 1.153 256.974 1.482
202003 0.000 258.115 0.000
202006 1.129 257.797 1.446
202009 1.167 260.280 1.481
202012 1.239 260.474 1.571
202103 1.238 264.877 1.543
202106 1.275 271.696 1.550
202109 1.301 274.310 1.566
202112 1.406 278.802 1.665
202203 1.299 287.504 1.492
202206 1.282 296.311 1.429
202209 1.277 296.808 1.421
202212 1.447 296.797 1.610
202303 1.412 301.836 1.545
202306 1.433 305.109 1.551
202309 1.454 307.789 1.560
202312 1.486 306.746 1.600
202403 1.329 312.332 1.405
202406 1.356 314.175 1.425
202409 1.412 315.301 1.479
202412 1.427 315.605 1.493
202503 1.329 319.799 1.372
202506 1.341 322.561 1.373
202509 1.353 324.800 1.376
202512 1.351 324.054 1.377
202603 1.321 330.213 1.321

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 0.61 mean?
Arab Insurance Group BSC (BAH:ARIG) has a Cyclically Adjusted PB Ratio of 0.61 as of Jul. 25, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Arab Insurance Group BSC and its competitors. This is 15% above median its historical median of 0.53. Over the past decade, Arab Insurance Group BSC's Cyclically Adjusted PB Ratio has ranged from 0.30 to 0.69. According to the industry distribution chart, Arab Insurance Group BSC ranks #68 out of 416 companies in the Insurance industry, placing it in the top 16.3%.
Is Arab Insurance Group BSC's Cyclically Adjusted PB Ratio too high?
Arab Insurance Group BSC's current Cyclically Adjusted PB Ratio of 0.61 is 15% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.69. The Insurance industry median Cyclically Adjusted PB Ratio is 1.39. Arab Insurance Group BSC's value of 0.61 is 56.1% below this industry median. Based on the distribution chart, Arab Insurance Group BSC ranks #68 out of 416 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Arab Insurance Group BSC has a GF Score™ of 31/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arab Insurance Group BSC's Cyclically Adjusted PB Ratio compare to RGA and EG?
According to the Insurance industry distribution chart, Arab Insurance Group BSC ranks #68 out of 416 companies for Cyclically Adjusted PB Ratio. This places Arab Insurance Group BSC in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.39. Arab Insurance Group BSC's value of 0.61 is 56.1% below this benchmark. Historically, Arab Insurance Group BSC's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 0.69 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.39, Arab Insurance Group BSC has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Insurance company?
The median Cyclically Adjusted PB Ratio among Insurance companies is 1.39, based on 416 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arab Insurance Group BSC's current Cyclically Adjusted PB Ratio of 0.61 is 56.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Arab Insurance Group BSC and its competitors. For the Insurance industry, the median Cyclically Adjusted PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arab Insurance Group BSC's current Cyclically Adjusted PB Ratio is 0.61, which is 15% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arab Insurance Group BSC stock overvalued right now?
Based on GuruFocus' analysis, Arab Insurance Group BSC (BAH:ARIG) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.74, compared to a current price of $0.94 — trading 27% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.61, which is 15% above median its 10-year median of 0.53 and 56.1% below the Insurance industry median of 1.39. Arab Insurance Group BSC's overall GF Score™ is 31/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Arab Insurance Group BSC (BAH:ARIG), the current Cyclically Adjusted PB Ratio is 0.61 as of Jul. 25, 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 Arab Insurance Group BSC (BAH:ARIG) Overvalued in 2026?

Based on GuruFocus' analysis, Arab Insurance Group BSC stock appears to be overvalued. The current stock price of $0.94 is trading 27% above its estimated GF Value™ of $0.74. GuruFocus considers Arab Insurance Group BSC to be Modestly Overvalued.

Key valuation signals for BAH:ARIG:

  • Cyclically Adjusted PB Ratio: 0.61 (15% above median its 10-year median of 0.53)
  • GF Value™: $0.74 vs. price of $0.94 (27% above fair value)
  • GF Score™: 31/100 with 4 warning signs
  • Industry Position: 56.1% below the Insurance median (#68 of 416)

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


Arab Insurance Group BSC Business Description

Address Arig House, Road 1702, P.O. Box 26992, Building 131, Diplomatic Area 317, Manama, BHR
Arab Insurance Group BSC is an international insurance company. The company is involved in the provision of general (non-life) and life reinsurance and related service activities. Its Non-Life business consists of property; engineering; marine; accident; whole account and others. Life business mainly involves short-term and long-term policies. The company derives a majority of its revenue from the non-life segment.
31GF Score

Get the complete analysis for BAH:ARIG

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

$0.94
Price
$0.74
GF Value