Bank of Bahrain and Kuwait BSC (BAH:BBK) Cyclically Adjusted PB Ratio: (As of Jul. 31, 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.
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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:BBK Bank of Bahrain and Kuwait BSC BAH:BBK
27 GF Score
Price BHD0.57
GF Value BHD0.51
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Bank of Bahrain and Kuwait BSC Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Bahrain and Kuwait BSC  (BAH:BBK) 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.


Bank of Bahrain and Kuwait BSC Cyclically Adjusted PB Ratio Related Terms


Bank of Bahrain and Kuwait BSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bank of Bahrain and Kuwait 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.

Bank of Bahrain and Kuwait BSC Cyclically Adjusted PB Ratio Chart

Bank of Bahrain and Kuwait 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 1.49 1.39 1.40 1.36 1.41

Bank of Bahrain and Kuwait 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 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 1.38 1.38 1.41 1.39 0.00

BAH:BBK vs PNC, USB: Cyclically Adjusted PB Ratio Comparison

For the Banks - Regional subindustry, Bank of Bahrain and Kuwait 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.


Bank of Bahrain and Kuwait BSC Cyclically Adjusted PB Ratio vs Banks Industry

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

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


BAH:BBK
27GF Score
Bank of Bahrain and Kuwait BSC BAH:BBK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bank of Bahrain and Kuwait 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.

Bank of Bahrain and Kuwait BSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Bank of Bahrain and Kuwait 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)
=0.346/333.9520*333.9520
=0.346

Current CPI (Jun. 2026) = 333.9520.

Bank of Bahrain and Kuwait BSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.304 241.428 0.421
201612 0.314 241.432 0.434
201703 0.311 243.801 0.426
201706 0.317 244.955 0.432
201709 0.323 246.819 0.437
201712 0.330 246.524 0.447
201803 0.311 249.554 0.416
201806 0.312 251.989 0.413
201809 0.331 252.439 0.438
201812 0.330 251.233 0.439
201903 0.322 254.202 0.423
201906 0.328 256.143 0.428
201909 0.277 256.759 0.360
201912 0.302 256.974 0.392
202003 0.000 258.115 0.000
202006 0.244 257.797 0.316
202009 0.253 260.280 0.325
202012 0.284 260.474 0.364
202103 0.278 264.877 0.350
202106 0.291 271.696 0.358
202109 0.295 274.310 0.359
202112 0.301 278.802 0.361
202203 0.300 287.504 0.348
202206 0.294 296.311 0.331
202209 0.300 296.808 0.338
202212 0.331 296.797 0.372
202303 0.306 301.836 0.339
202306 0.324 305.109 0.355
202309 0.325 307.789 0.353
202312 0.338 306.746 0.368
202403 0.333 312.332 0.356
202406 0.340 314.175 0.361
202409 0.338 315.301 0.358
202412 0.344 315.605 0.364
202503 0.329 319.799 0.344
202506 0.339 322.561 0.351
202509 0.350 324.800 0.360
202512 0.365 324.054 0.376
202603 0.325 330.213 0.329
202606 0.346 333.952 0.346

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.

Is Bank of Bahrain and Kuwait BSC (BAH:BBK) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Bahrain and Kuwait BSC stock appears to be overvalued. The current stock price of BHD0.57 is trading 11.8% above its estimated GF Value™ of BHD0.51. GuruFocus considers Bank of Bahrain and Kuwait BSC to be Modestly Overvalued.

Key valuation signals for BAH:BBK:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: BHD0.51 vs. price of BHD0.57 (11.8% above fair value)
  • GF Score™: 27/100 with 7 warning signs

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


Bank of Bahrain and Kuwait BSC Business Description

Address 43 Government Avenue, P.O. Box 597, Manama, BHR
Bank of Bahrain and Kuwait BSC is a public shareholding company engaged in providing commercial banking and wealth management services. The various products and services offered by the company include different types of deposit accounts, loans and advances, insurance and investment products, online banking, telebanking services, trade finance, and others. It also engages in credit card operations and business process outsourcing services through its subsidiaries. The company's operating segment includes Retail banking, Corporate banking, International banking, and Investment, treasury, and other activities. It generates maximum revenue from the Investment, treasury, and other activities segment. Geographically, it derives key revenue from Bahrain and also has a presence in other markets.
27GF Score

Get the complete analysis for BAH:BBK

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

BHD0.57
Price
BHD0.51
GF Value