BHM Capital Financial Services PSC (DFM:BHMCAPITAL) Cyclically Adjusted PB Ratio: 1.29 (As of Jul. 22, 2026) — 34% Below Median

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DFM:BHMCAPITAL BHM Capital Financial Services PSC DFM:BHMCAPITAL
81 GF Score
Price د.إ1.02
GF Value د.إ1.94
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is BHM Capital Financial Services PSC Cyclically Adjusted PB Ratio?

BHM Capital Financial Services PSC DFM:BHMCAPITAL 81 Cyclically Adjusted PB Ratio is 1.29 as of Jul. 22, 2026, which is 34% below its 10-year median of 1.96. GuruFocus rates DFM:BHMCAPITAL with a GF Score™ of 81/100 and a GF Value™ of د.إ1.94 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 632 Capital Markets companies, BHM Capital Financial Services PSC ranks better than 50.16% on this metric.

As of today (2026-07-22), BHM Capital Financial Services PSC's current share price is د.إ1.02. BHM Capital Financial Services PSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was د.إ0.79. BHM Capital Financial Services PSC's Cyclically Adjusted PB Ratio for today is 1.29.

The historical rank and industry rank for BHM Capital Financial Services PSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

DFM:BHMCAPITAL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.96   Max: 5.13
Current: 1.3

During the past 12 years, BHM Capital Financial Services PSC's highest Cyclically Adjusted PB Ratio was 5.13. The lowest was 0.99. And the median was 1.96.

DFM:BHMCAPITAL's Cyclically Adjusted PB Ratio is ranked better than
50.16% of 632 companies
in the Capital Markets industry
Industry Median: 1.315 vs DFM:BHMCAPITAL: 1.30

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.

BHM Capital Financial Services PSC's adjusted book value per share data of for the fiscal year that ended in Dec25 was د.إ1.107. 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 د.إ0.79 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


BHM Capital Financial Services PSC  (DFM:BHMCAPITAL) 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.


BHM Capital Financial Services PSC Cyclically Adjusted PB Ratio Related Terms


BHM Capital Financial Services PSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BHM Capital Financial Services PSC'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.

BHM Capital Financial Services PSC Cyclically Adjusted PB Ratio Chart

BHM Capital Financial Services PSC 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 0.00 0.00 2.36 2.47 1.01

BHM Capital Financial Services PSC Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.36 0.00 2.47 0.00 1.01

DFM:BHMCAPITAL vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, BHM Capital Financial Services PSC'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.


BHM Capital Financial Services PSC Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BHM Capital Financial Services PSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where BHM Capital Financial Services PSC's Cyclically Adjusted PB Ratio falls into.


DFM:BHMCAPITAL
81GF Score
BHM Capital Financial Services PSC DFM:BHMCAPITAL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BHM Capital Financial Services PSC 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.

BHM Capital Financial Services PSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.02/0.79
=1.29

* 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.

BHM Capital Financial Services PSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, BHM Capital Financial Services PSC's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.107/324.0540*324.0540
=1.107

Current CPI (Dec25) = 324.0540.

BHM Capital Financial Services PSC Annual Data

Book Value per Share CPI Adj_Book
201612 0.309 241.432 0.415
201712 0.295 246.524 0.388
201812 0.266 251.233 0.343
201912 0.266 256.974 0.335
202012 0.275 260.474 0.342
202112 0.965 278.802 1.122
202212 1.058 296.797 1.155
202312 1.218 306.746 1.287
202412 1.321 315.605 1.356
202512 1.107 324.054 1.107

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 1.29 mean?
BHM Capital Financial Services PSC (DFM:BHMCAPITAL) has a Cyclically Adjusted PB Ratio of 1.29 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 BHM Capital Financial Services PSC and its competitors. This is 34% below median its historical median of 1.96. Over the past decade, BHM Capital Financial Services PSC's Cyclically Adjusted PB Ratio has ranged from 0.99 to 5.13. According to the industry distribution chart, BHM Capital Financial Services PSC ranks #315 out of 632 companies in the Capital Markets industry, placing it in the top 49.8%.
Is BHM Capital Financial Services PSC's Cyclically Adjusted PB Ratio too high?
BHM Capital Financial Services PSC's current Cyclically Adjusted PB Ratio of 1.29 is 34% below median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 5.13. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.32. BHM Capital Financial Services PSC's value of 1.29 is 1.9% below this industry median. Based on the distribution chart, BHM Capital Financial Services PSC ranks #315 out of 632 companies in the Capital Markets industry, which is above the industry midpoint. Overall, BHM Capital Financial Services PSC has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BHM Capital Financial Services PSC's Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, BHM Capital Financial Services PSC ranks #315 out of 632 companies for Cyclically Adjusted PB Ratio. This puts BHM Capital Financial Services PSC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.32. BHM Capital Financial Services PSC's value of 1.29 is 1.9% below this benchmark. Historically, BHM Capital Financial Services PSC's own Cyclically Adjusted PB Ratio has ranged from 0.99 to 5.13 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 1.32, BHM Capital Financial Services PSC 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.32, based on 632 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. BHM Capital Financial Services PSC's current Cyclically Adjusted PB Ratio of 1.29 is 1.9% 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 BHM Capital Financial Services PSC and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BHM Capital Financial Services PSC's current Cyclically Adjusted PB Ratio is 1.29, which is 34% below median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHM Capital Financial Services PSC stock overvalued right now?
Based on GuruFocus' analysis, BHM Capital Financial Services PSC (DFM:BHMCAPITAL) is currently considered Possible Value Trap. The stock's GF Value™ is د.إ1.94, compared to a current price of د.إ1.02 — trading 47.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.29, which is 34% below median its 10-year median of 1.96 and 1.9% below the Capital Markets industry median of 1.32. BHM Capital Financial Services PSC's overall GF Score™ is 81/100 with 7 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 BHM Capital Financial Services PSC (DFM:BHMCAPITAL), the current Cyclically Adjusted PB Ratio is 1.29 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.

Is BHM Capital Financial Services PSC (DFM:BHMCAPITAL) Overvalued in 2026?

Based on GuruFocus' analysis, BHM Capital Financial Services PSC stock appears to be undervalued. The current stock price of د.إ1.02 is trading 47.4% below its estimated GF Value™ of د.إ1.94. GuruFocus considers BHM Capital Financial Services PSC to be Possible Value Trap.

Key valuation signals for DFM:BHMCAPITAL:

  • Cyclically Adjusted PB Ratio: 1.29 (34% below median its 10-year median of 1.96)
  • GF Value™: د.إ1.94 vs. price of د.إ1.02 (47.4% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 1.9% below the Capital Markets median (#315 of 632)

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


BHM Capital Financial Services PSC Business Description

Address Business Bay, P.O. Box 26730, 4901, 49th Floor, Vision Tower, Dubai, ARE
BHM Capital Financial Services PSC is a financial services provider. It offers a wide range of financial services and investment instruments, including prime brokerage, investment management, liquidity providing, market making, corporate advisory, crowdfunding services, and research. The group operates in the brokerage industry and provides margin trading services in the United Arab Emirates only.
81GF Score

Get the complete analysis for DFM:BHMCAPITAL

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

د.إ1.02
Price
د.إ1.94
GF Value