Zain Bahrain BSC (BAH:ZAINBH) PB Ratio: 0.47 (As of Jul. 30, 2026) — 11% Below Median

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Director of Data and Quant Analytics at GuruFocus
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BAH:ZAINBH Zain Bahrain BSC BAH:ZAINBH
71 GF Score
Price BHD0.12
GF Value BHD0.12
Valuation Fairly Valued
! 4 Warning Signs
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What is Zain Bahrain BSC PB Ratio?

Zain Bahrain BSC BAH:ZAINBH 71 PB Ratio is 0.47 as of Jul. 30, 2026, which is 11% below its 10-year median of 0.53. GuruFocus rates BAH:ZAINBH with a GF Score™ of 71/100 and a GF Value™ of BHD0.12 (Fairly Valued). The stock has 4 warning signs investors should review. Among 339 Telecommunication Services companies, Zain Bahrain BSC ranks better than 92.63% 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 (2026-07-30), Zain Bahrain BSC's share price is BHD0.115. Zain Bahrain BSC's Book Value per Share for the quarter that ended in Jun. 2026 was BHD0.24. Hence, Zain Bahrain BSC's PB Ratio of today is 0.47.

Good Sign:

Zain Bahrain BSC stock PB Ratio (=0.47) is close to 5-year low of 0.46.

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

BAH:ZAINBH' s PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.53   Max: 0.7
Current: 0.47

During the past 13 years, Zain Bahrain BSC's highest PB Ratio was 0.70. The lowest was 0.36. And the median was 0.53.

BAH:ZAINBH's PB Ratio is ranked better than
92.63% of 339 companies
in the Telecommunication Services industry
Industry Median: 1.79 vs BAH:ZAINBH: 0.47

During the past 12 months, Zain Bahrain BSC's average Book Value Per Share Growth Rate was 3.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zain Bahrain BSC was 6.90% per year. The lowest was 3.20% per year. And the median was 4.00% per year.

Back to Basics: PB Ratio


Zain Bahrain BSC  (BAH:ZAINBH) 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.


Zain Bahrain BSC PB Ratio Related Terms


Zain Bahrain BSC PB Ratio Historical Data

* Premium members only.

The historical data trend for Zain 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.

Zain Bahrain BSC PB Ratio Chart

Zain 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 0.65 0.61 0.58 0.48 0.50

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
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 0.50 0.49 0.50 0.47 0.49

BAH:ZAINBH vs VZ, TMUS, T: PB Ratio Comparison

For the Telecom Services subindustry, Zain 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.


Zain Bahrain BSC PB Ratio vs Telecommunication Services Industry

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

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


BAH:ZAINBH
71GF Score
Zain Bahrain BSC BAH:ZAINBH
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zain 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.

Zain Bahrain BSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=0.115/0.244
=0.47

* 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 0.47 mean?
Zain Bahrain BSC (BAH:ZAINBH) has a PB Ratio of 0.47 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zain Bahrain BSC and its competitors. This is 11% below median its historical median of 0.53. Over the past decade, Zain Bahrain BSC's PB Ratio has ranged from 0.36 to 0.70. According to the industry distribution chart, Zain Bahrain BSC ranks #25 out of 339 companies in the Telecommunication Services industry, placing it in the top 7.4%.
Is Zain Bahrain BSC's PB Ratio too high?
Zain Bahrain BSC's current PB Ratio of 0.47 is 11% below median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.70. The Telecommunication Services industry median PB Ratio is 1.79. Zain Bahrain BSC's value of 0.47 is 73.7% below this industry median. Based on the distribution chart, Zain Bahrain BSC ranks #25 out of 339 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 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zain Bahrain BSC's PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Zain Bahrain BSC ranks #25 out of 339 companies for PB Ratio. This places Zain Bahrain BSC in the top 7% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.79. Zain Bahrain BSC's value of 0.47 is 73.7% below this benchmark. Historically, Zain Bahrain BSC's own PB Ratio has ranged from 0.36 to 0.70 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.79, 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 PB Ratio for a Telecommunication Services company?
The median PB Ratio among Telecommunication Services companies is 1.79, based on 339 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. Zain Bahrain BSC's current PB Ratio of 0.47 is 73.7% 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 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 Zain Bahrain BSC and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zain Bahrain BSC's current PB Ratio is 0.47, which is 11% below 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 4.2% below its estimated fair value. The current PB Ratio is 0.47, which is 11% below median its 10-year median of 0.53 and 73.7% below the Telecommunication Services industry median of 1.79. Zain Bahrain BSC's overall GF Score™ is 71/100 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 Zain Bahrain BSC (BAH:ZAINBH), the current PB Ratio is 0.47 as of Jul. 30, 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 4.2% below its estimated GF Value™ of BHD0.12. GuruFocus considers Zain Bahrain BSC to be Fairly Valued.

Key valuation signals for BAH:ZAINBH:

  • PB Ratio: 0.47 (11% below median its 10-year median of 0.53)
  • GF Value™: BHD0.12 vs. price of BHD0.12 (4.2% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 73.7% below the Telecommunication Services median (#25 of 339)

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.
71GF Score

Get the complete analysis for BAH:ZAINBH

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

BHD0.12
Price
BHD0.12
GF Value