Bahrain National Holding Co BSC (BAH:BNH) Cyclically Adjusted PS Ratio: 1.86 (As of Aug. 08, 2026) — Near Median

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BAH:BNH Bahrain National Holding Co BSC BAH:BNH
41 GF Score
Price BHD0.50
GF Value BHD0.59
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Bahrain National Holding Co BSC Cyclically Adjusted PS Ratio?

Bahrain National Holding Co BSC BAH:BNH 41 Cyclically Adjusted PS Ratio is 1.86 as of Aug. 08, 2026, which is 4% above its 10-year median of 1.79. GuruFocus rates BAH:BNH with a GF Score™ of 41/100 and a GF Value™ of BHD0.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 920 Asset Management companies, Bahrain National Holding Co BSC ranks better than 83.91% on this metric.

As of today (2026-08-08), Bahrain National Holding Co BSC's current share price is BHD0.502. Bahrain National Holding Co BSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was BHD0.27. Bahrain National Holding Co BSC's Cyclically Adjusted PS Ratio for today is 1.86.

The historical rank and industry rank for Bahrain National Holding Co BSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

BAH:BNH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.43   Med: 1.79   Max: 2.03
Current: 1.85

During the past years, Bahrain National Holding Co BSC's highest Cyclically Adjusted PS Ratio was 2.03. The lowest was 1.43. And the median was 1.79.

BAH:BNH's Cyclically Adjusted PS Ratio is ranked better than
83.91% of 920 companies
in the Asset Management industry
Industry Median: 7.835 vs BAH:BNH: 1.85

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Bahrain National Holding Co BSC's adjusted revenue per share data for the three months ended in Mar. 2026 was BHD0.011. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is BHD0.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bahrain National Holding Co BSC  (BAH:BNH) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Bahrain National Holding Co BSC Cyclically Adjusted PS Ratio Related Terms


Bahrain National Holding Co BSC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bahrain National Holding Co BSC's Cyclically Adjusted PS 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.

Bahrain National Holding Co BSC Cyclically Adjusted PS Ratio Chart

Bahrain National Holding Co BSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 1.64 1.87 1.96 1.97

Bahrain National Holding Co 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 PS 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 1.88 1.79 1.81 1.97 1.88

BAH:BNH vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Bahrain National Holding Co BSC's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Bahrain National Holding Co BSC Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Bahrain National Holding Co BSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bahrain National Holding Co BSC's Cyclically Adjusted PS Ratio falls into.


BAH:BNH
41GF Score
Bahrain National Holding Co BSC BAH:BNH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bahrain National Holding Co BSC Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Bahrain National Holding Co BSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.502/0.27
=1.86

* 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.

Bahrain National Holding Co BSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bahrain National Holding Co BSC's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.011/330.2130*330.2130
=0.011

Current CPI (Mar. 2026) = 330.2130.

Bahrain National Holding Co BSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.387 241.018 0.530
201609 0.043 241.428 0.059
201612 0.032 241.432 0.044
201703 0.042 243.801 0.057
201706 0.041 244.955 0.055
201709 0.041 246.819 0.055
201712 0.037 246.524 0.050
201803 0.044 249.554 0.058
201806 0.044 251.989 0.058
201809 0.043 252.439 0.056
201812 0.060 251.233 0.079
201903 0.046 254.202 0.060
201906 0.045 256.143 0.058
201909 0.049 256.759 0.063
201912 0.064 256.974 0.082
202003 0.045 258.115 0.058
202006 0.046 257.797 0.059
202009 0.043 260.280 0.055
202012 0.058 260.474 0.074
202103 0.049 264.877 0.061
202106 0.047 271.696 0.057
202109 0.049 274.310 0.059
202112 0.069 278.802 0.082
202203 0.059 287.504 0.068
202206 0.065 296.311 0.072
202209 0.081 296.808 0.090
202212 0.133 296.797 0.148
202303 0.062 301.836 0.068
202306 0.074 305.109 0.080
202309 0.001 307.789 0.001
202312 0.001 306.746 0.001
202403 0.003 312.332 0.003
202406 0.003 314.175 0.003
202409 0.003 315.301 0.003
202412 0.002 315.605 0.002
202503 0.004 319.799 0.004
202506 0.258 322.561 0.264
202509 0.011 324.800 0.011
202512 0.013 324.054 0.013
202603 0.011 330.213 0.011

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 1.86 mean?
Bahrain National Holding Co BSC (BAH:BNH) has a Cyclically Adjusted PS Ratio of 1.86 as of Aug. 08, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Bahrain National Holding Co BSC and its competitors. This is near median its historical median of 1.79. Over the past decade, Bahrain National Holding Co BSC's Cyclically Adjusted PS Ratio has ranged from 1.43 to 2.03. According to the industry distribution chart, Bahrain National Holding Co BSC ranks #148 out of 920 companies in the Asset Management industry, placing it in the top 16.1%.
Is Bahrain National Holding Co BSC's Cyclically Adjusted PS Ratio too high?
Bahrain National Holding Co BSC's current Cyclically Adjusted PS Ratio of 1.86 is near median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 2.03. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.84. Bahrain National Holding Co BSC's value of 1.86 is 76.3% below this industry median. Based on the distribution chart, Bahrain National Holding Co BSC ranks #148 out of 920 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Bahrain National Holding Co BSC has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bahrain National Holding Co BSC's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Bahrain National Holding Co BSC ranks #148 out of 920 companies for Cyclically Adjusted PS Ratio. This places Bahrain National Holding Co BSC in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 7.84. Bahrain National Holding Co BSC's value of 1.86 is 76.3% below this benchmark. Historically, Bahrain National Holding Co BSC's own Cyclically Adjusted PS Ratio has ranged from 1.43 to 2.03 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 7.84, Bahrain National Holding Co 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 PS Ratio for an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.84, based on 920 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bahrain National Holding Co BSC's current Cyclically Adjusted PS Ratio of 1.86 is 76.3% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Bahrain National Holding Co BSC and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bahrain National Holding Co BSC's current Cyclically Adjusted PS Ratio is 1.86, which is near median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bahrain National Holding Co BSC stock overvalued right now?
Based on GuruFocus' analysis, Bahrain National Holding Co BSC (BAH:BNH) is currently considered Modestly Undervalued. The stock's GF Value™ is BHD0.59, compared to a current price of BHD0.50 — trading 14.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.86, which is near median its 10-year median of 1.79 and 76.3% below the Asset Management industry median of 7.84. Bahrain National Holding Co BSC's overall GF Score™ is 41/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Bahrain National Holding Co BSC (BAH:BNH), the current Cyclically Adjusted PS Ratio is 1.86 as of Aug. 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 Bahrain National Holding Co BSC (BAH:BNH) Overvalued in 2026?

Based on GuruFocus' analysis, Bahrain National Holding Co BSC stock appears to be undervalued. The current stock price of BHD0.50 is trading 14.9% below its estimated GF Value™ of BHD0.59. GuruFocus considers Bahrain National Holding Co BSC to be Modestly Undervalued.

Key valuation signals for BAH:BNH:

  • Cyclically Adjusted PS Ratio: 1.86 (near median its 10-year median of 1.79)
  • GF Value™: BHD0.59 vs. price of BHD0.50 (14.9% below fair value)
  • GF Score™: 41/100 with 4 warning signs
  • Industry Position: 76.3% below the Asset Management median (#148 of 920)

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


Bahrain National Holding Co BSC Business Description

Address BNH Tower, P.O. Box 843, 9th floor, Seef Business District, Manama, BHR
Bahrain National Holding Co BSC is a Bahrain-based company engaged in asset management activities. The group operates through a single reportable segment, Asset Management, which comprises marketable portfolio investments, direct investments, and treasury activities.
41GF Score

Get the complete analysis for BAH:BNH

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

BHD0.50
Price
BHD0.59
GF Value