National Bank of Bahrain BSC (BAH:NBB) PB Ratio: 2.35 (As of Jul. 19, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BAH:NBB National Bank of Bahrain BSC BAH:NBB
62 GF Score
Price BHD0.54
GF Value BHD0.56
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is National Bank of Bahrain BSC PB Ratio?

National Bank of Bahrain BSC BAH:NBB -0.19% 62 PB Ratio is 2.35 as of Jul. 19, 2026, which is 9% above its 10-year median of 2.15. GuruFocus rates BAH:NBB with a GF Score™ of 62/100 and a GF Value™ of BHD0.56 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,518 Banks companies, National Bank of Bahrain BSC ranks worse than 92.03% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-19), National Bank of Bahrain BSC's share price is BHD0.535. National Bank of Bahrain BSC's Book Value per Share for the quarter that ended in Mar. 2026 was BHD0.23. Hence, National Bank of Bahrain BSC's PB Ratio of today is 2.35.

Warning Sign:

National Bank of Bahrain BSC stock PB Ratio (=2.35) is close to 3-year high of 2.5.

The historical rank and industry rank for National Bank of Bahrain BSC's PB Ratio or its related term are showing as below:

BAH:NBB' s PB Ratio Range Over the Past 10 Years
Min: 1.79   Med: 2.15   Max: 2.68
Current: 2.35

During the past 13 years, National Bank of Bahrain BSC's highest PB Ratio was 2.68. The lowest was 1.79. And the median was 2.15.

BAH:NBB's PB Ratio is ranked worse than
92.03% of 1518 companies
in the Banks industry
Industry Median: 1.11 vs BAH:NBB: 2.35

During the past 12 months, National Bank of Bahrain BSC's average Book Value Per Share Growth Rate was -5.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of National Bank of Bahrain BSC was 11.30% per year. The lowest was 1.20% per year. And the median was 4.30% per year.

Back to Basics: PB Ratio


National Bank of Bahrain BSC  (BAH:NBB) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


National Bank of Bahrain BSC PB Ratio Related Terms


National Bank of Bahrain BSC PB Ratio Historical Data

* Premium members only.

The historical data trend for National Bank of Bahrain BSC's PB 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.

National Bank of Bahrain BSC PB Ratio Chart

National Bank of Bahrain BSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.34 2.28 2.39 1.90 1.95

National Bank of Bahrain BSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB 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 2.05 2.00 1.98 1.95 2.13

BAH:NBB vs PNC, USB: PB Ratio Comparison

For the Banks - Regional subindustry, National Bank of Bahrain BSC's PB Ratio, along with its competitors' market caps and PB 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.


National Bank of Bahrain BSC PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, National Bank of Bahrain BSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where National Bank of Bahrain BSC's PB Ratio falls into.


BAH:NBB
62GF Score
National Bank of Bahrain BSC BAH:NBB
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Bank of Bahrain BSC PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

National Bank of Bahrain BSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.535/0.228
=2.35

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.35 mean?
National Bank of Bahrain BSC (BAH:NBB) has a PB Ratio of 2.35 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on National Bank of Bahrain BSC and its competitors. This is near median its historical median of 2.15. Over the past decade, National Bank of Bahrain BSC's PB Ratio has ranged from 1.79 to 2.68. According to the industry distribution chart, National Bank of Bahrain BSC ranks #1397 out of 1518 companies in the Banks industry, placing it in the top 92%.
Is National Bank of Bahrain BSC's PB Ratio too high?
National Bank of Bahrain BSC's current PB Ratio of 2.35 is near median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 2.68. The Banks industry median PB Ratio is 1.11. National Bank of Bahrain BSC's value of 2.35 is 111.7% above this industry median. Based on the distribution chart, National Bank of Bahrain BSC ranks #1397 out of 1518 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, National Bank of Bahrain BSC has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Bahrain BSC's PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, National Bank of Bahrain BSC ranks #1397 out of 1518 companies for PB Ratio. This places National Bank of Bahrain BSC in the lower half of its industry. The industry median PB Ratio is 1.11. National Bank of Bahrain BSC's value of 2.35 is 111.7% above this benchmark. Historically, National Bank of Bahrain BSC's own PB Ratio has ranged from 1.79 to 2.68 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 1.11, National Bank of Bahrain BSC has consistently been above 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 PB Ratio for a Banks company?
The median PB Ratio among Banks companies is 1.11, based on 1,518 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Bank of Bahrain BSC's current PB Ratio of 2.35 is 111.7% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on National Bank of Bahrain BSC and its competitors. For the Banks industry, the median PB Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank of Bahrain BSC's current PB Ratio is 2.35, which is near median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of Bahrain BSC stock overvalued right now?
Based on GuruFocus' analysis, National Bank of Bahrain BSC (BAH:NBB) is currently considered Fairly Valued. The stock's GF Value™ is BHD0.56, compared to a current price of BHD0.54 — trading 4.5% below its estimated fair value. The current PB Ratio is 2.35, which is near median its 10-year median of 2.15 and 111.7% above the Banks industry median of 1.11. National Bank of Bahrain BSC's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For National Bank of Bahrain BSC (BAH:NBB), the current PB Ratio is 2.35 as of Jul. 19, 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 National Bank of Bahrain BSC (BAH:NBB) Overvalued in 2026?

Based on GuruFocus' analysis, National Bank of Bahrain BSC stock appears to be undervalued. The current stock price of BHD0.54 is trading 4.5% below its estimated GF Value™ of BHD0.56. GuruFocus considers National Bank of Bahrain BSC to be Fairly Valued.

Key valuation signals for BAH:NBB:

  • PB Ratio: 2.35 (near median its 10-year median of 2.15)
  • GF Value™: BHD0.56 vs. price of BHD0.54 (4.5% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 111.7% above the Banks median (#1397 of 1518)

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


National Bank of Bahrain BSC Business Description

Address Government Avenue, NBB Tower, P.O. Box 106, Manama, BHR
National Bank of Bahrain BSC is a commercial banking service provider in Bahrain. The company's operating segments include Retail Banking, Corporate & Commercial Banking, Overseas Branches and Market & Client Solutions. The consumer banking and business banking related SBUs in Bahrain provide various banking products and services to the Group's customers. The SBUs are differentiated based on their respective customer segments. Retail Banking caters to individuals and non-borrowing SMEs, while Corporate & Commercial Banking caters to governments, corporates, commercial enterprises and borrowing SMEs.
62GF Score

Get the complete analysis for BAH:NBB

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

BHD0.54
Price
BHD0.56
GF Value