Zain Bahrain BSC (BAH:ZAINBH) Cyclically Adjusted PS Ratio: 0.50 (As of Aug. 10, 2026) — Near Median

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BAH:ZAINBH Zain Bahrain BSC BAH:ZAINBH
78 GF Score
Price BHD0.12
GF Value BHD0.12
Valuation Fairly Valued
! 4 Warning Signs
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What is Zain Bahrain BSC Cyclically Adjusted PS Ratio?

Zain Bahrain BSC BAH:ZAINBH 78 Cyclically Adjusted PS Ratio is 0.50 as of Aug. 10, 2026, which is 6% below its 10-year median of 0.53. 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 304 Telecommunication Services companies, Zain Bahrain BSC ranks better than 75.66% on this metric.

As of today (2026-08-10), Zain Bahrain BSC's current share price is BHD0.116. Zain Bahrain BSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was BHD0.23. Zain Bahrain BSC's Cyclically Adjusted PS Ratio for today is 0.50.

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

BAH:ZAINBH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.53   Max: 0.61
Current: 0.5

During the past years, Zain Bahrain BSC's highest Cyclically Adjusted PS Ratio was 0.61. The lowest was 0.49. And the median was 0.53.

BAH:ZAINBH's Cyclically Adjusted PS Ratio is ranked better than
75.66% of 304 companies
in the Telecommunication Services industry
Industry Median: 1.18 vs BAH:ZAINBH: 0.50

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.

Zain Bahrain BSC's adjusted revenue per share data for the three months ended in Jun. 2026 was BHD0.053. 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 BHD0.23 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 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.


Zain Bahrain BSC Cyclically Adjusted PS Ratio Related Terms


Zain Bahrain BSC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zain Bahrain 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.

Zain Bahrain BSC Cyclically Adjusted PS Ratio Chart

Zain Bahrain 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 0.00 0.00 0.60 0.51 0.55

Zain Bahrain BSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.53 0.52 0.55 0.49 0.52

BAH:ZAINBH vs VZ, TMUS, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Zain Bahrain 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.


Zain Bahrain BSC Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Zain Bahrain BSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BAH:ZAINBH
78GF Score
Zain Bahrain BSC BAH:ZAINBH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zain Bahrain 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.

Zain Bahrain BSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.116/0.23
=0.50

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Zain Bahrain BSC's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.053/333.9520*333.9520
=0.053

Current CPI (Jun. 2026) = 333.9520.

Zain Bahrain BSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.046 241.428 0.064
201612 0.043 241.432 0.059
201703 0.050 243.801 0.068
201706 0.051 244.955 0.070
201709 0.047 246.819 0.064
201712 0.055 246.524 0.075
201803 0.046 249.554 0.062
201806 0.045 251.989 0.060
201809 0.045 252.439 0.060
201812 0.047 251.233 0.062
201903 0.043 254.202 0.056
201906 0.041 256.143 0.053
201909 0.042 256.759 0.055
201912 0.047 256.974 0.061
202003 0.045 258.115 0.058
202006 0.041 257.797 0.053
202009 0.038 260.280 0.049
202012 0.046 260.474 0.059
202103 0.045 264.877 0.057
202106 0.045 271.696 0.055
202109 0.042 274.310 0.051
202112 0.046 278.802 0.055
202203 0.044 287.504 0.051
202206 0.045 296.311 0.051
202209 0.047 296.808 0.053
202212 0.046 296.797 0.052
202303 0.050 301.836 0.055
202306 0.052 305.109 0.057
202309 0.046 307.789 0.050
202312 0.051 306.746 0.056
202403 0.054 312.332 0.058
202406 0.052 314.175 0.055
202409 0.052 315.301 0.055
202412 0.054 315.605 0.057
202503 0.058 319.799 0.061
202506 0.056 322.561 0.058
202509 0.054 324.800 0.056
202512 0.060 324.054 0.062
202603 0.058 330.213 0.059
202606 0.053 333.952 0.053

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 0.50 mean?
Zain Bahrain BSC (BAH:ZAINBH) has a Cyclically Adjusted PS Ratio of 0.50 as of Aug. 10, 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 Zain Bahrain BSC and its competitors. This is near median its historical median of 0.53. Over the past decade, Zain Bahrain BSC's Cyclically Adjusted PS Ratio has ranged from 0.49 to 0.61. According to the industry distribution chart, Zain Bahrain BSC ranks #74 out of 304 companies in the Telecommunication Services industry, placing it in the top 24.3%.
Is Zain Bahrain BSC's Cyclically Adjusted PS Ratio too high?
Zain Bahrain BSC's current Cyclically Adjusted PS Ratio of 0.50 is near median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 0.61. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.18. Zain Bahrain BSC's value of 0.50 is 57.6% below this industry median. Based on the distribution chart, Zain Bahrain BSC ranks #74 out of 304 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 PS Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Zain Bahrain BSC ranks #74 out of 304 companies for Cyclically Adjusted PS Ratio. This places Zain Bahrain BSC in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.18. Zain Bahrain BSC's value of 0.50 is 57.6% below this benchmark. Historically, Zain Bahrain BSC's own Cyclically Adjusted PS Ratio has ranged from 0.49 to 0.61 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.18, 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 PS Ratio for a Telecommunication Services company?
The median Cyclically Adjusted PS Ratio among Telecommunication Services companies is 1.18, based on 304 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. Zain Bahrain BSC's current Cyclically Adjusted PS Ratio of 0.50 is 57.6% 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 Zain Bahrain BSC and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zain Bahrain BSC's current Cyclically Adjusted PS Ratio is 0.50, which is near median its own 10-year median of 0.53. 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 PS Ratio is 0.50, which is near median its 10-year median of 0.53 and 57.6% below the Telecommunication Services industry median of 1.18. 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Zain Bahrain BSC (BAH:ZAINBH), the current Cyclically Adjusted PS Ratio is 0.50 as of Aug. 10, 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 PS Ratio: 0.50 (near median its 10-year median of 0.53)
  • GF Value™: BHD0.12 vs. price of BHD0.12 (3.3% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 57.6% below the Telecommunication Services median (#74 of 304)

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 Business Description

Address Al-Seef, P.O. Box 266, Manama, BHR
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 PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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