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Bank Muscat (SAOG) (MUS:BKMB) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Bank Muscat (SAOG) Forward PE Ratio Related Terms
Bank Muscat (SAOG) Forward PE Ratio Historical Data
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The historical data trend for Bank Muscat (SAOG)'s Forward PE 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.
Bank Muscat (SAOG) Forward PE Ratio Chart
Bank Muscat (SAOG) Annual Data
Trend
2022-12
2024-12
2025-12
Forward PE Ratio
10.13
8.37
11.37
Bank Muscat (SAOG) Quarterly Data
2022-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
10.13
8.37
8.16
9.17
10.63
11.37
15.80
MUS:BKMB vs PNC, USB: Forward PE Ratio Comparison
For the Banks - Regional subindustry, Bank Muscat (SAOG)'s Forward PE Ratio, along with its competitors' market caps and Forward 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.
Bank Muscat (SAOG) Forward PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Bank Muscat (SAOG)'s Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Bank Muscat (SAOG)'s Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Bank Muscat (SAOG) (MUS:BKMB) has a Forward PE Ratio of 11.26 as of Jul. 22, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Bank Muscat (SAOG) and its competitors. According to the industry distribution chart, Bank Muscat (SAOG) ranks #415 out of 817 companies in the Banks industry, placing it in the top 50.8%.
Is Bank Muscat (SAOG)'s Forward PE Ratio too high?
Bank Muscat (SAOG)'s current Forward PE Ratio is 11.26. The Banks industry median Forward PE Ratio is 11.23. Bank Muscat (SAOG)'s value of 11.26 is 0.3% above this industry median. Based on the distribution chart, Bank Muscat (SAOG) ranks #415 out of 817 companies in the Banks industry, which is below 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 Forward PE Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Bank Muscat (SAOG) ranks #415 out of 817 companies for Forward PE Ratio. This places Bank Muscat (SAOG) in the lower half of its industry. The industry median Forward PE Ratio is 11.23. Bank Muscat (SAOG)'s value of 11.26 is 0.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Banks company?
The median Forward PE Ratio among Banks companies is 11.23, based on 817 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bank Muscat (SAOG)'s current Forward PE Ratio of 11.26 is 0.3% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Bank Muscat (SAOG) and its competitors. For the Banks industry, the median Forward PE Ratio is 11.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank Muscat (SAOG)'s current Forward PE Ratio is 11.26. 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.ع0.38 — trading 23.5% above its estimated fair value. The current Forward PE Ratio is 11.26 and 0.3% above the Banks industry median of 11.23. 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 Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Bank Muscat (SAOG) (MUS:BKMB), the current Forward PE Ratio is 11.26 as of Jul. 22, 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.ع0.38 is trading 23.5% above its estimated GF Value™ of ر.ع0.31.
GuruFocus considers Bank Muscat (SAOG) to be Modestly Overvalued.
Key valuation signals for MUS:BKMB:
Forward PE Ratio: 11.26
GF Value™: ر.ع0.31 vs. price of ر.ع0.38 (23.5% above fair value)
Industry Position: 0.3% above the Banks median (#415 of 817)
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
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