Allam Bank BSCDFM:SALAM_BAH -0.96%77 Cyclically Adjusted PB Ratio is 1.49 as of Jul. 08, 2026, which is 35% above its 10-year median of 1.10. GuruFocus rates DFM:SALAM_BAH with a GF Score™ of 77/100 and a GF Value™ of د.إ2.72 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,300 Banks companies, Allam Bank BSC ranks worse than 66.38% on this metric.
The historical rank and industry rank for Allam Bank BSC's Cyclically Adjusted PB Ratio or its related term are showing as below:
DFM:SALAM_BAH'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47 Med: 1.1 Max: 1.88
Current: 1.58
During the past years, Allam Bank BSC's highest Cyclically Adjusted PB Ratio was 1.88. The lowest was 0.47. And the median was 1.10.
DFM:SALAM_BAH's Cyclically Adjusted PB Ratio is ranked worse than 66.38% of 1300
companies
in the Banks industry
Industry Median: 1.26
vs DFM:SALAM_BAH: 1.58
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.
Allam Bank BSC's adjusted book value per share data for the three months ended in Mar. 2026 was د.إ1.988. 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.إ1.38 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Allam Bank BSC (DFM:SALAM_BAH) 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.
Allam Bank BSC Cyclically Adjusted PB Ratio Related Terms
Allam Bank BSC Cyclically Adjusted PB Ratio Historical Data
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The historical data trend for Allam Bank 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.
DFM:SALAM_BAH vs PNC, USB: Cyclically Adjusted PB Ratio Comparison
For the Banks - Regional subindustry, Allam Bank 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.
Allam Bank BSC Cyclically Adjusted PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Allam Bank BSC's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Allam Bank BSC's Cyclically Adjusted PB Ratio falls into.
Allam Bank 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.
Allam Bank 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 1.49 mean?
Allam Bank BSC (DFM:SALAM_BAH) has a Cyclically Adjusted PB Ratio of 1.49 as of Jul. 08, 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 Allam Bank BSC and its competitors. This is 35% above median its historical median of 1.10. Over the past decade, Allam Bank BSC's Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.88. According to the industry distribution chart, Allam Bank BSC ranks #863 out of 1300 companies in the Banks industry, placing it in the top 66.4%.
Is Allam Bank BSC's Cyclically Adjusted PB Ratio too high?
Allam Bank BSC's current Cyclically Adjusted PB Ratio of 1.49 is 35% above median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.88. The Banks industry median Cyclically Adjusted PB Ratio is 1.26. Allam Bank BSC's value of 1.49 is 18.3% above this industry median. Based on the distribution chart, Allam Bank BSC ranks #863 out of 1300 companies in the Banks industry, which is below the industry midpoint. Overall, Allam Bank BSC has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Allam Bank BSC's Cyclically Adjusted PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Allam Bank BSC ranks #863 out of 1300 companies for Cyclically Adjusted PB Ratio. This places Allam Bank BSC in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Allam Bank BSC's value of 1.49 is 18.3% above this benchmark. Historically, Allam Bank BSC's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.88 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 1.26, Allam Bank BSC has consistently been above 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 Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.26, based on 1,300 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. Allam Bank BSC's current Cyclically Adjusted PB Ratio of 1.49 is 18.3% above 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 Allam Bank BSC and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allam Bank BSC's current Cyclically Adjusted PB Ratio is 1.49, which is 35% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allam Bank BSC stock overvalued right now?
Based on GuruFocus' analysis, Allam Bank BSC (DFM:SALAM_BAH) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ2.72, compared to a current price of د.إ2.06 — trading 24.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.49, which is 35% above median its 10-year median of 1.10 and 18.3% above the Banks industry median of 1.26. Allam Bank BSC's overall GF Score™ is 77/100 with 2 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 Allam Bank BSC (DFM:SALAM_BAH), the current Cyclically Adjusted PB Ratio is 1.49 as of Jul. 08, 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 Allam Bank BSC (DFM:SALAM_BAH) Overvalued in 2026?
Based on GuruFocus' analysis, Allam Bank BSC stock appears to be undervalued.
The current stock price of د.إ2.06 is trading 24.3% below its estimated GF Value™ of د.إ2.72.
GuruFocus considers Allam Bank BSC to be Modestly Undervalued.
Key valuation signals for DFM:SALAM_BAH:
Cyclically Adjusted PB Ratio: 1.49 (35% above median its 10-year median of 1.10)
GF Value™: د.إ2.72 vs. price of د.إ2.06 (24.3% below fair value)
Industry Position: 18.3% above the Banks median (#863 of 1300)
No single metric tells the full story. See the DFM:SALAM_BAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Al Salam Bank BSC is a banking corporation operating in Bahrain. It provides various Islamic banking products and services in the Kingdom of Bahrain. The company offers money market, trading, and treasury services, including short-term commodities, managing portfolios, and serving clients with a range of investment products, funds, and alternative investments. Besides, it also manages the un-deployed capital of the company by investing it in high-quality financial instruments. The company's reportable segments namely Banking, Treasury, Takaful and Investments. It generates maximum revenue from the Banking segment.
77GF Score
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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