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Zain Bahrain BSCBAH:ZAINBH 78 Cyclically Adjusted PB Ratio is 0.46 as of Aug. 17, 2026, which is 8% below its 10-year median of 0.50. GuruFocus rates BAH:ZAINBH with a GF Score™ of 78/100 and a GF Value™ of BHD0.12 (Fairly Valued). The stock has 4 warning signs investors should review. Among 290 Telecommunication Services companies, Zain Bahrain BSC ranks better than 88.62% on this metric.
The historical rank and industry rank for Zain Bahrain BSC's Cyclically Adjusted PB Ratio or its related term are showing as below:
BAH:ZAINBH'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45 Med: 0.5 Max: 0.59
Current: 0.47
During the past years, Zain Bahrain BSC's highest Cyclically Adjusted PB Ratio was 0.59. The lowest was 0.45. And the median was 0.50.
BAH:ZAINBH's Cyclically Adjusted PB Ratio is ranked better than 88.62% of 290
companies
in the Telecommunication Services industry
Industry Median: 1.77
vs BAH:ZAINBH: 0.47
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.
Zain Bahrain BSC's adjusted book value per share data for the three months ended in Jun. 2026 was BHD0.244. 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 BHD0.25 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Zain Bahrain BSC (BAH:ZAINBH) 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.
Zain Bahrain BSC Cyclically Adjusted PB Ratio Related Terms
Zain Bahrain BSC Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Zain Bahrain 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.
Zain Bahrain BSC Cyclically Adjusted PB Ratio Chart
BAH:ZAINBH vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison
For the Telecom Services subindustry, Zain 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.
Zain Bahrain BSC Cyclically Adjusted PB Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Zain Bahrain BSC's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Zain Bahrain BSC's Cyclically Adjusted PB Ratio falls into.
Zain Bahrain 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.
Zain Bahrain BSC's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.46 mean?
Zain Bahrain BSC (BAH:ZAINBH) has a Cyclically Adjusted PB Ratio of 0.46 as of Aug. 17, 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 Zain Bahrain BSC and its competitors. This is near median its historical median of 0.50. Over the past decade, Zain Bahrain BSC's Cyclically Adjusted PB Ratio has ranged from 0.45 to 0.59. According to the industry distribution chart, Zain Bahrain BSC ranks #33 out of 290 companies in the Telecommunication Services industry, placing it in the top 11.4%.
Is Zain Bahrain BSC's Cyclically Adjusted PB Ratio too high?
Zain Bahrain BSC's current Cyclically Adjusted PB Ratio of 0.46 is near median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 0.59. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.77. Zain Bahrain BSC's value of 0.46 is 74% below this industry median. Based on the distribution chart, Zain Bahrain BSC ranks #33 out of 290 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Zain Bahrain BSC has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zain Bahrain BSC's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Zain Bahrain BSC ranks #33 out of 290 companies for Cyclically Adjusted PB Ratio. This places Zain Bahrain BSC in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.77. Zain Bahrain BSC's value of 0.46 is 74% below this benchmark. Historically, Zain Bahrain BSC's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 0.59 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 1.77, Zain Bahrain 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 Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.77, based on 290 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. Zain Bahrain BSC's current Cyclically Adjusted PB Ratio of 0.46 is 74% 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 Zain Bahrain BSC and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zain Bahrain BSC's current Cyclically Adjusted PB Ratio is 0.46, which is near median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zain Bahrain BSC stock overvalued right now?
Based on GuruFocus' analysis, Zain Bahrain BSC (BAH:ZAINBH) is currently considered Fairly Valued. The stock's GF Value™ is BHD0.12, compared to a current price of BHD0.12 — trading 3.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.46, which is near median its 10-year median of 0.50 and 74% below the Telecommunication Services industry median of 1.77. Zain Bahrain BSC's overall GF Score™ is 78/100 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 Zain Bahrain BSC (BAH:ZAINBH), the current Cyclically Adjusted PB Ratio is 0.46 as of Aug. 17, 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 Zain Bahrain BSC (BAH:ZAINBH) Overvalued in 2026?
Based on GuruFocus' analysis, Zain Bahrain BSC stock appears to be undervalued.
The current stock price of BHD0.12 is trading 3.3% below its estimated GF Value™ of BHD0.12.
GuruFocus considers Zain Bahrain BSC to be Fairly Valued.
Key valuation signals for BAH:ZAINBH:
Cyclically Adjusted PB Ratio: 0.46 (near median its 10-year median of 0.50)
GF Value™: BHD0.12 vs. price of BHD0.12 (3.3% below fair value)
Industry Position: 74% below the Telecommunication Services median (#33 of 290)
No single metric tells the full story. See the BAH:ZAINBH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zain Bahrain BSC provides telecommunication and related products and services mainly in the Kingdom of Bahrain. Its business involves three main activities: mobile operation, fixed broadband operation, and trading of handsets and accessories. The company offers: 4G LTE and 5G services through its mobile network, broadband services, ICT and digital lifestyle communications services, and trades in mobile phones, earphones, and other electronic accessories through its e-commerce website. The majority of its revenue is generated from the provision of airtime, data, subscription, and other related services. Geographically, the company operates in Kuwait, Bahrain, Iraq, Jordan, Saudi Arabia, Sudan, and South Sudan.
78GF Score
Get the complete analysis for BAH:ZAINBH
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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