Gulf Hotels Group BSC (BAH:GHG) E10: BHD0.03 (As of Mar. 2026)


BAH:GHG Gulf Hotels Group BSC BAH:GHG
59 GF Score
Price BHD0.36
GF Value BHD0.41
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Gulf Hotels Group BSC E10?

Gulf Hotels Group BSC BAH:GHG 59 E10 is BHD0.03 as of Mar. 2026. GuruFocus rates BAH:GHG with a GF Score™ of 59/100 and a GF Value™ of BHD0.41 (Modestly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Gulf Hotels Group BSC's adjusted earnings per share data for the three months ended in Mar. 2026 was BHD0.005. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BHD0.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Gulf Hotels Group BSC's average E10 Growth Rate was -25.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2026-06-29), Gulf Hotels Group BSC's current stock price is BHD0.36. Gulf Hotels Group BSC's E10 for the quarter that ended in Mar. 2026 was BHD0.03. Gulf Hotels Group BSC's Shiller PE Ratio of today is 12.00.

During the past 13 years, the highest Shiller PE Ratio of Gulf Hotels Group BSC was 37.00. The lowest was 7.38. And the median was 10.00.


Gulf Hotels Group BSC  (BAH:GHG) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Gulf Hotels Group BSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.36/0.03
=12.00

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Gulf Hotels Group BSC was 37.00. The lowest was 7.38. And the median was 10.00.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Gulf Hotels Group BSC E10 Related Terms


Gulf Hotels Group BSC E10 Historical Data

* Premium members only.

The historical data trend for Gulf Hotels Group BSC's E10 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.

Gulf Hotels Group BSC E10 Chart

Gulf Hotels Group BSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 -0.02 0.04 0.04 0.04

Gulf Hotels Group BSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 0.04 0.04 0.04 0.04 0.03

BAH:GHG vs MAR, HLT, H: E10 Comparison

For the Lodging subindustry, Gulf Hotels Group BSC's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Gulf Hotels Group BSC Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gulf Hotels Group BSC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gulf Hotels Group BSC's Shiller PE Ratio falls into.


BAH:GHG
59GF Score
Gulf Hotels Group BSC BAH:GHG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gulf Hotels Group BSC E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Gulf Hotels Group BSC's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.005/330.2130*330.2130
=0.005

Current CPI (Mar. 2026) = 330.2130.

Gulf Hotels Group BSC Quarterly Data

per share eps CPI Adj_EPS
201606 0.035 241.018 0.048
201609 0.013 241.428 0.018
201612 0.011 241.432 0.015
201703 0.015 243.801 0.020
201706 0.011 244.955 0.015
201709 0.012 246.819 0.016
201712 0.011 246.524 0.015
201803 0.013 249.554 0.017
201806 0.008 251.989 0.010
201809 0.005 252.439 0.007
201812 0.006 251.233 0.008
201903 0.010 254.202 0.013
201906 0.002 256.143 0.003
201909 0.006 256.759 0.008
201912 0.007 256.974 0.009
202003 0.005 258.115 0.006
202006 -0.018 257.797 -0.023
202009 -0.008 260.280 -0.010
202012 -0.015 260.474 -0.019
202103 -0.001 264.877 -0.001
202106 -0.002 271.696 -0.002
202109 0.004 274.310 0.005
202112 0.014 278.802 0.017
202203 0.009 287.504 0.010
202206 0.003 296.311 0.003
202209 0.006 296.808 0.007
202212 0.012 296.797 0.013
202303 0.014 301.836 0.015
202306 0.005 305.109 0.005
202309 0.003 307.789 0.003
202312 0.008 306.746 0.009
202403 0.012 312.332 0.013
202406 0.009 314.175 0.009
202409 0.005 315.301 0.005
202412 0.013 315.605 0.014
202503 0.011 319.799 0.011
202506 0.012 322.561 0.012
202509 0.005 324.800 0.005
202512 0.014 324.054 0.014
202603 0.005 330.213 0.005

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of BHD0.03 mean?
Gulf Hotels Group BSC (BAH:GHG) has a E10 of BHD0.03 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gulf Hotels Group BSC and its competitors.
Is Gulf Hotels Group BSC's E10 too high?
Gulf Hotels Group BSC's current E10 is BHD0.03. Overall, Gulf Hotels Group BSC has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gulf Hotels Group BSC's E10 compare to MAR and HLT?
Gulf Hotels Group BSC's E10 of BHD0.03 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Travel & Leisure company?
A good E10 depends on the Travel & Leisure industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gulf Hotels Group BSC and its competitors. Gulf Hotels Group BSC's current E10 is BHD0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Hotels Group BSC stock overvalued right now?
Based on GuruFocus' analysis, Gulf Hotels Group BSC (BAH:GHG) is currently considered Modestly Undervalued. The stock's GF Value™ is BHD0.41, compared to a current price of BHD0.36 — trading 12.2% below its estimated fair value. The current E10 is BHD0.03. Gulf Hotels Group BSC's overall GF Score™ is 59/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Gulf Hotels Group BSC (BAH:GHG), the current E10 is BHD0.03 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 Gulf Hotels Group BSC (BAH:GHG) Overvalued in 2026?

Based on GuruFocus' analysis, Gulf Hotels Group BSC stock appears to be undervalued. The current stock price of BHD0.36 is trading 12.2% below its estimated GF Value™ of BHD0.41. GuruFocus considers Gulf Hotels Group BSC to be Modestly Undervalued.

Key valuation signals for BAH:GHG:

  • E10: BHD0.03
  • GF Value™: BHD0.41 vs. price of BHD0.36 (12.2% below fair value)
  • GF Score™: 59/100 with 2 warning signs

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


Gulf Hotels Group BSC Business Description

Address Road 3801, Block 338, PO Box 580, Office 1001, Building 15, Manama, BHR
Gulf Hotels Group BSC is engaged in providing hospitality services. The company operates a diversified portfolio of hospitality and related businesses, including hotels and resorts, branded residences, food and beverage concepts, and specialized hospitality support services. The company has three segments: i) Hotel room operations including Hotel rooms and rental and executive apartments and offices, ii) Food and beverages segment including retail sale of food and beverages and convention operations, and iii) Investments and other activities segment. The majority of the revenue is generated from its Food and beverages segment. Geographically, the company's maximum revenue is generated from the Kingdom of Bahrain and the rest from the United Arab Emirates and Sri Lanka.
59GF Score

Get the complete analysis for BAH:GHG

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BHD0.36
Price
BHD0.41
GF Value