National Hotels Co BSC (BAH:NHOTEL) PB Ratio: 0.41 (As of Jul. 15, 2026) — 24% Above Median

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BAH:NHOTEL National Hotels Co BSC BAH:NHOTEL
71 GF Score
Price BHD0.28
GF Value BHD0.23
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is National Hotels Co BSC PB Ratio?

National Hotels Co BSC BAH:NHOTEL 71 PB Ratio is 0.41 as of Jul. 15, 2026, which is 24% above its 10-year median of 0.33. GuruFocus rates BAH:NHOTEL with a GF Score™ of 71/100 and a GF Value™ of BHD0.23 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 792 Travel & Leisure companies, National Hotels Co BSC ranks better than 87.5% 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 (2026-07-15), National Hotels Co BSC's share price is BHD0.28. National Hotels Co BSC's Book Value per Share for the quarter that ended in Mar. 2026 was BHD0.68. Hence, National Hotels Co BSC's PB Ratio of today is 0.41.

Warning Sign:

National Hotels Co BSC stock PB Ratio (=0.41) is close to 10-year high of 0.41.

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

BAH:NHOTEL' s PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.33   Max: 0.41
Current: 0.41

During the past 13 years, National Hotels Co BSC's highest PB Ratio was 0.41. The lowest was 0.19. And the median was 0.33.

BAH:NHOTEL's PB Ratio is ranked better than
87.5% of 792 companies
in the Travel & Leisure industry
Industry Median: 1.49 vs BAH:NHOTEL: 0.41

During the past 12 months, National Hotels Co BSC's average Book Value Per Share Growth Rate was 1.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of National Hotels Co BSC was 20.40% per year. The lowest was -2.40% per year. And the median was 1.20% per year.

Back to Basics: PB Ratio


National Hotels Co BSC  (BAH:NHOTEL) 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 Hotels Co BSC PB Ratio Related Terms


National Hotels Co BSC PB Ratio Historical Data

* Premium members only.

The historical data trend for National Hotels Co 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 Hotels Co BSC PB Ratio Chart

National Hotels Co 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 0.20 0.21 0.28 0.32 0.35

National Hotels Co 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 0.33 0.35 0.34 0.35 0.36

BAH:NHOTEL vs MAR, HLT, H: PB Ratio Comparison

For the Lodging subindustry, National Hotels Co 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 Hotels Co BSC PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, National Hotels Co BSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where National Hotels Co BSC's PB Ratio falls into.


BAH:NHOTEL
71GF Score
National Hotels Co BSC BAH:NHOTEL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Hotels Co 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 Hotels Co BSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.28/0.682
=0.41

* 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 0.41 mean?
National Hotels Co BSC (BAH:NHOTEL) has a PB Ratio of 0.41 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on National Hotels Co BSC and its competitors. This is 24% above median its historical median of 0.33. Over the past decade, National Hotels Co BSC's PB Ratio has ranged from 0.19 to 0.41. According to the industry distribution chart, National Hotels Co BSC ranks #99 out of 792 companies in the Travel & Leisure industry, placing it in the top 12.5%.
Is National Hotels Co BSC's PB Ratio too high?
National Hotels Co BSC's current PB Ratio of 0.41 is 24% above median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.41. The Travel & Leisure industry median PB Ratio is 1.49. National Hotels Co BSC's value of 0.41 is 72.5% below this industry median. Based on the distribution chart, National Hotels Co BSC ranks #99 out of 792 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, National Hotels Co BSC has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Hotels Co BSC's PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, National Hotels Co BSC ranks #99 out of 792 companies for PB Ratio. This places National Hotels Co BSC in the top 13% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.49. National Hotels Co BSC's value of 0.41 is 72.5% below this benchmark. Historically, National Hotels Co BSC's own PB Ratio has ranged from 0.19 to 0.41 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 1.49, National Hotels Co 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 Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.49, based on 792 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 Hotels Co BSC's current PB Ratio of 0.41 is 72.5% 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 National Hotels Co BSC and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Hotels Co BSC's current PB Ratio is 0.41, which is 24% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Hotels Co BSC stock overvalued right now?
Based on GuruFocus' analysis, National Hotels Co BSC (BAH:NHOTEL) is currently considered Modestly Overvalued. The stock's GF Value™ is BHD0.23, compared to a current price of BHD0.28 — trading 21.7% above its estimated fair value. The current PB Ratio is 0.41, which is 24% above median its 10-year median of 0.33 and 72.5% below the Travel & Leisure industry median of 1.49. National Hotels Co BSC's overall GF Score™ is 71/100 with 8 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 Hotels Co BSC (BAH:NHOTEL), the current PB Ratio is 0.41 as of Jul. 15, 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 Hotels Co BSC (BAH:NHOTEL) Overvalued in 2026?

Based on GuruFocus' analysis, National Hotels Co BSC stock appears to be overvalued. The current stock price of BHD0.28 is trading 21.7% above its estimated GF Value™ of BHD0.23. GuruFocus considers National Hotels Co BSC to be Modestly Overvalued.

Key valuation signals for BAH:NHOTEL:

  • PB Ratio: 0.41 (24% above median its 10-year median of 0.33)
  • GF Value™: BHD0.23 vs. price of BHD0.28 (21.7% above fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 72.5% below the Travel & Leisure median (#99 of 792)

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


National Hotels Co BSC Business Description

Address Building 59, Road 1701, Block 317, P.O. Box 5243, Diplomatic Area, Manama, BHR, 317
National Hotels Co BSC owns and manages refurbished rooms, bars, restaurants, banquet and conference facilities. It derives a majority of revenue from hotel rooms followed by food and beverages and serviced apartments. The operating segments of the company are Hotel Business, Real estate properties, and Investments & corporate. It generates maximum revenue from the Hotel Business segment. Hotel Business segment includes Room rental, food and beverage sales, conferences and events.
71GF Score

Get the complete analysis for BAH:NHOTEL

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

BHD0.28
Price
BHD0.23
GF Value