Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Bank Muscat (SAOG)MUS:BKMB 52 Debt-to-Equity is 0.37 as of Mar. 2026, which is 10% below its 10-year median of 0.41. GuruFocus rates MUS:BKMB with a GF Score™ of 52/100 and a GF Value™ of ر.ع0.31 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,421 Banks companies, Bank Muscat (SAOG) ranks better than 63.34% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Bank Muscat (SAOG)'s Debt-to-Equity or its related term are showing as below:
MUS:BKMB'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.41 Max: 0.71
Current: 0.37
During the past 13 years, the highest Debt-to-Equity Ratio of Bank Muscat (SAOG) was 0.71. The lowest was 0.18. And the median was 0.41.
MUS:BKMB's Debt-to-Equity is ranked better than 63.34% of 1421
companies
in the Banks industry
Industry Median: 0.58
vs MUS:BKMB: 0.37
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Bank Muscat (SAOG) Debt-to-Equity Related Terms
Bank Muscat (SAOG) Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Bank Muscat (SAOG)'s Debt-to-Equity 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.
For the Banks - Regional subindustry, Bank Muscat (SAOG)'s Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Bank Muscat (SAOG) Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Bank Muscat (SAOG)'s Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Bank Muscat (SAOG)'s Debt-to-Equity falls into.
* 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.
Bank Muscat (SAOG) (MUS:BKMB) has a Debt-to-Equity of 0.37 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bank Muscat (SAOG) and its competitors. This is 10% below median its historical median of 0.41. Over the past decade, Bank Muscat (SAOG)'s Debt-to-Equity has ranged from 0.18 to 0.71. According to the industry distribution chart, Bank Muscat (SAOG) ranks #521 out of 1421 companies in the Banks industry, placing it in the top 36.7%.
Is Bank Muscat (SAOG)'s Debt-to-Equity too high?
Bank Muscat (SAOG)'s current Debt-to-Equity of 0.37 is 10% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.71. The Banks industry median Debt-to-Equity is 0.58. Bank Muscat (SAOG)'s value of 0.37 is 36.2% below this industry median. Based on the distribution chart, Bank Muscat (SAOG) ranks #521 out of 1421 companies in the Banks industry, which is above the industry midpoint. Overall, Bank Muscat (SAOG) has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank Muscat (SAOG)'s Debt-to-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Bank Muscat (SAOG) ranks #521 out of 1421 companies for Debt-to-Equity. This puts Bank Muscat (SAOG) in the upper half of its industry. The industry median Debt-to-Equity is 0.58. Bank Muscat (SAOG)'s value of 0.37 is 36.2% below this benchmark. Historically, Bank Muscat (SAOG)'s own Debt-to-Equity has ranged from 0.18 to 0.71 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.58, Bank Muscat (SAOG) 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 Debt-to-Equity for a Banks company?
The median Debt-to-Equity among Banks companies is 0.58, based on 1,421 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bank Muscat (SAOG)'s current Debt-to-Equity of 0.37 is 36.2% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bank Muscat (SAOG) and its competitors. For the Banks industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank Muscat (SAOG)'s current Debt-to-Equity is 0.37, which is 10% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank Muscat (SAOG) stock overvalued right now?
Based on GuruFocus' analysis, Bank Muscat (SAOG) (MUS:BKMB) is currently considered Modestly Overvalued. The stock's GF Value™ is ر.ع0.31, compared to a current price of ر.ع0.40 — trading 29.4% above its estimated fair value. The current Debt-to-Equity is 0.37, which is 10% below median its 10-year median of 0.41 and 36.2% below the Banks industry median of 0.58. Bank Muscat (SAOG)'s overall GF Score™ is 52/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Bank Muscat (SAOG) (MUS:BKMB), the current Debt-to-Equity is 0.37 as of Mar. 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 Bank Muscat (SAOG) (MUS:BKMB) Overvalued in 2026?
Based on GuruFocus' analysis, Bank Muscat (SAOG) stock appears to be overvalued.
The current stock price of ر.ع0.40 is trading 29.4% above its estimated GF Value™ of ر.ع0.31.
GuruFocus considers Bank Muscat (SAOG) to be Modestly Overvalued.
Key valuation signals for MUS:BKMB:
Debt-to-Equity: 0.37 (10% below median its 10-year median of 0.41)
GF Value™: ر.ع0.31 vs. price of ر.ع0.40 (29.4% above fair value)
Industry Position: 36.2% below the Banks median (#521 of 1421)
No single metric tells the full story. See the MUS:BKMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank Muscat (SAOG) is a banking corporation. Its business is to accept Sharia-compliant customer deposits, provide Shari'a-compliant financing based on various Shari'a-compliant modes, and undertake investment activities, commercial banking services, and other investment activities in the Sultanate of Oman. The company's service segments include Personal, Corporate, Wholesale, Islamic, and International banking. It generates the majority of revenue from the personal banking segment, which provides products and services to individuals, including consumer loans, credit cards, deposit accounts, savings deposits, foreign exchange, e-banking, remittances, bancassurance, and other branch-related services.
52GF Score
Get the complete analysis for MUS:BKMB
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MUS:BKMB has been successfully added to your 
