United Gulf Investment BSC (BAH:UGIC) Cyclically Adjusted PB Ratio: 0.21 (As of Jul. 22, 2026) — 28% Below Median

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What is United Gulf Investment BSC Cyclically Adjusted PB Ratio?

United Gulf Investment BSC BAH:UGIC Cyclically Adjusted PB Ratio is 0.21 as of Jul. 22, 2026, which is 28% below its 10-year median of 0.29. The stock has 6 warning signs investors should review. Among 1,542 Metals & Mining companies, United Gulf Investment BSC ranks better than 86.96% on this metric.

As of today (2026-07-22), United Gulf Investment BSC's current share price is BHD0.038. United Gulf Investment BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BHD0.18. United Gulf Investment BSC's Cyclically Adjusted PB Ratio for today is 0.21.

The historical rank and industry rank for United Gulf Investment BSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

BAH:UGIC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.29   Max: 0.36
Current: 0.21

During the past years, United Gulf Investment BSC's highest Cyclically Adjusted PB Ratio was 0.36. The lowest was 0.18. And the median was 0.29.

BAH:UGIC's Cyclically Adjusted PB Ratio is ranked better than
86.96% of 1542 companies
in the Metals & Mining industry
Industry Median: 1.395 vs BAH:UGIC: 0.21

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.

United Gulf Investment BSC's adjusted book value per share data for the three months ended in Mar. 2026 was BHD0.162. 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 BHD0.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Gulf Investment BSC  (BAH:UGIC) 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.


United Gulf Investment BSC Cyclically Adjusted PB Ratio Related Terms


United Gulf Investment BSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for United Gulf Investment 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.

United Gulf Investment BSC Cyclically Adjusted PB Ratio Chart

United Gulf Investment 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 0.36 0.35 0.30 0.22 0.19

United Gulf Investment 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 0.20 0.21 0.21 0.19 0.19

United Gulf Investment BSC Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, United Gulf Investment 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.


United Gulf Investment BSC Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where United Gulf Investment BSC's Cyclically Adjusted PB Ratio falls into.



United Gulf Investment 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.

United Gulf Investment BSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.038/0.18
=0.21

* 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.

United Gulf Investment BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, United Gulf Investment 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)
=0.162/330.2130*330.2130
=0.162

Current CPI (Mar. 2026) = 330.2130.

United Gulf Investment BSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.149 241.018 0.204
201609 0.145 241.428 0.198
201612 0.152 241.432 0.208
201703 0.154 243.801 0.209
201706 0.152 244.955 0.205
201709 0.154 246.819 0.206
201712 0.151 246.524 0.202
201803 0.154 249.554 0.204
201806 0.151 251.989 0.198
201809 0.152 252.439 0.199
201812 0.147 251.233 0.193
201903 0.143 254.202 0.186
201906 0.140 256.143 0.180
201909 0.136 256.759 0.175
201912 0.125 256.974 0.161
202003 0.000 258.115 0.000
202006 0.126 257.797 0.161
202009 0.124 260.280 0.157
202012 0.121 260.474 0.153
202103 0.122 264.877 0.152
202106 0.124 271.696 0.151
202109 0.136 274.310 0.164
202112 0.135 278.802 0.160
202203 0.151 287.504 0.173
202206 0.172 296.311 0.192
202209 0.176 296.808 0.196
202212 0.149 296.797 0.166
202303 0.153 301.836 0.167
202306 0.157 305.109 0.170
202309 0.156 307.789 0.167
202312 0.155 306.746 0.167
202403 0.159 312.332 0.168
202406 0.160 314.175 0.168
202409 0.161 315.301 0.169
202412 0.160 315.605 0.167
202503 0.157 319.799 0.162
202506 0.158 322.561 0.162
202509 0.158 324.800 0.161
202512 0.160 324.054 0.163
202603 0.162 330.213 0.162

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 0.21 mean?
United Gulf Investment BSC (BAH:UGIC) has a Cyclically Adjusted PB Ratio of 0.21 as of Jul. 22, 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 United Gulf Investment BSC and its competitors. This is 28% below median its historical median of 0.29. Over the past decade, United Gulf Investment BSC's Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.36. According to the industry distribution chart, United Gulf Investment BSC ranks #201 out of 1542 companies in the Metals & Mining industry, placing it in the top 13%.
Is United Gulf Investment BSC's Cyclically Adjusted PB Ratio too high?
United Gulf Investment BSC's current Cyclically Adjusted PB Ratio of 0.21 is 28% below median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.36. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. United Gulf Investment BSC's value of 0.21 is 84.9% below this industry median. Based on the distribution chart, United Gulf Investment BSC ranks #201 out of 1542 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does United Gulf Investment BSC's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, United Gulf Investment BSC ranks #201 out of 1542 companies for Cyclically Adjusted PB Ratio. This places United Gulf Investment BSC in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.40. United Gulf Investment BSC's value of 0.21 is 84.9% below this benchmark. Historically, United Gulf Investment BSC's own Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.36 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 1.40, United Gulf Investment 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 a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.40, based on 1,542 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. United Gulf Investment BSC's current Cyclically Adjusted PB Ratio of 0.21 is 84.9% 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 United Gulf Investment BSC and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Gulf Investment BSC's current Cyclically Adjusted PB Ratio is 0.21, which is 28% below median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Gulf Investment BSC stock overvalued right now?
Based on GuruFocus' analysis, United Gulf Investment BSC (BAH:UGIC) is currently considered Fairly Valued. The stock's GF Value™ is BHD0.04, compared to a current price of BHD0.04 — trading 5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.21, which is 28% below median its 10-year median of 0.29 and 84.9% below the Metals & Mining industry median of 1.40. 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 United Gulf Investment BSC (BAH:UGIC), the current Cyclically Adjusted PB Ratio is 0.21 as of Jul. 22, 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.

United Gulf Investment BSC Business Description

Address Road 2832, Block 428, P.O. Box 10177, Almoayyed Tower, Office 3202, Building 2504, Al-Seef District, Manama, BHR
United Gulf Investment Corp BSC is engaged in property leasing, buying, and selling of properties for the company, third-grade industrial maintenance works, and investment in local industrial projects. The company's investment objective includes developing and promoting industrial, chemical, and energy-related projects, in the Gulf region, identifying and investing in direct investment opportunities and investing in listed stocks and other financial instruments. Its operating segment includes operating activities and Investment activities. The company has two geographical segments; the Kingdom of Bahrain and the Kingdom of Saudi Arabia.