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.
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.
BlackBerryBB -4.51%57 EV-to-EBITDA is 48.57 as of Jul. 28, 2026, which is 92% above its 10-year median of 25.33. GuruFocus rates BB with a GF Score™ of 57/100 and a GF Value™ of $3.73 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,957 Software companies, BlackBerry ranks worse than 87.79% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, BlackBerry's enterprise value is $4,589.6 Mil.
BlackBerry's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was $94.5 Mil. Therefore, BlackBerry's EV-to-EBITDA for today is 48.57.
The historical rank and industry rank for BlackBerry's EV-to-EBITDA or its related term are showing as below:
BB'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -1356.87 Med: 25.33 Max: 1532.46
Current: 48.57
During the past 13 years, the highest EV-to-EBITDA of BlackBerry was 1532.46. The lowest was -1356.87. And the median was 25.33.
BB's EV-to-EBITDA is ranked worse than 87.79% of 1957
companies
in the Software industry
Industry Median: 10.39
vs BB: 48.57
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
BlackBerry (NYSE:BB) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
BlackBerry's share price for today is $8.04.
BlackBerry's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.090.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for BlackBerry's EV-to-EBITDA 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.
For the Software - Infrastructure subindustry, BlackBerry's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
BlackBerry EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, BlackBerry's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where BlackBerry's EV-to-EBITDA falls into.
BlackBerry's current Enterprise Value is $4,589.6 Mil.
BlackBerry's EBITDA for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $94.5 Mil.
* 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.
BlackBerry (BB) has a EV-to-EBITDA of 48.57 as of Jul. 28, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on BlackBerry. This is 92% above median its historical median of 25.33. According to the industry distribution chart, BlackBerry ranks #1718 out of 1957 companies in the Software industry, placing it in the top 87.8%.
Is BlackBerry's EV-to-EBITDA too high?
BlackBerry's current EV-to-EBITDA of 48.57 is 92% above median its 10-year median of 25.33. The Software industry median EV-to-EBITDA is 10.39. BlackBerry's value of 48.57 is 367.5% above this industry median. Based on the distribution chart, BlackBerry ranks #1718 out of 1957 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, BlackBerry has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BlackBerry's EV-to-EBITDA compare to MSFT and ORCL?
According to the Software industry distribution chart, BlackBerry ranks #1718 out of 1957 companies for EV-to-EBITDA. This places BlackBerry in the lower half of its industry. The industry median EV-to-EBITDA is 10.39. BlackBerry's value of 48.57 is 367.5% above this benchmark. While the company's 10-year median is 25.33 vs. the industry median of 10.39, BlackBerry 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 EV-to-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.39, based on 1,957 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackBerry's current EV-to-EBITDA of 48.57 is 367.5% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on BlackBerry. For the Software industry, the median EV-to-EBITDA is 10.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackBerry's current EV-to-EBITDA is 48.57, which is 92% above median its own 10-year median of 25.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackBerry stock overvalued right now?
Based on GuruFocus' analysis, BlackBerry (BB) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.73, compared to a current price of $8.04 — trading 115.5% above its estimated fair value. The current EV-to-EBITDA is 48.57, which is 92% above median its 10-year median of 25.33 and 367.5% above the Software industry median of 10.39. BlackBerry's overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For BlackBerry (BB), the current EV-to-EBITDA is 48.57 as of Jul. 28, 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 BlackBerry (BB) Overvalued in 2026?
Based on GuruFocus' analysis, BlackBerry stock appears to be overvalued.
The current stock price of $8.04 is trading 115.5% above its estimated GF Value™ of $3.73.
GuruFocus considers BlackBerry to be Significantly Overvalued.
Key valuation signals for BB:
EV-to-EBITDA: 48.57 (92% above median its 10-year median of 25.33)
GF Value™: $3.73 vs. price of $8.04 (115.5% above fair value)
Industry Position: 367.5% above the Software median (#1718 of 1957)
No single metric tells the full story. See the BB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communications for enterprises. The firm provides endpoint management and other secure communications software to enterprises, specializing in regulated industries like government and financial institutions. BlackBerry also has a sizable embedded software business primarily serving the automotive market, with some exposure to the industrial market.
57GF Score
Get the complete analysis for BB
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BB has been successfully added to your 
