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Banco Bilbao Vizcaya Argentaria SA stock PB Ratio (=2.24) is close to 10-year high of 2.28.
The historical rank and industry rank for Banco Bilbao Vizcaya Argentaria's PB Ratio or its related term are showing as below:
FRA:BOY'
s PB Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.85 Max: 2.28
Current: 2.24
During the past 13 years, Banco Bilbao Vizcaya Argentaria's highest PB Ratio was 2.28. The lowest was 0.35. And the median was 0.85.
FRA:BOY's PB Ratio is ranked worse than 91.25% of 1520
companies
in the Banks industry
Industry Median: 1.11
vs FRA:BOY: 2.24
During the past 12 months, Banco Bilbao Vizcaya Argentaria's average Book Value Per Share Growth Rate was 4.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Banco Bilbao Vizcaya Argentaria was 37.70% per year. The lowest was -12.20% per year. And the median was 3.05% per year.
Back to Basics: PB Ratio
Banco Bilbao Vizcaya Argentaria (FRA:BOY) PB Ratio Explanation
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.
Banco Bilbao Vizcaya Argentaria PB Ratio Related Terms
Banco Bilbao Vizcaya Argentaria PB Ratio Historical Data
* 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 Banks - Diversified subindustry, Banco Bilbao Vizcaya Argentaria'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.
Banco Bilbao Vizcaya Argentaria PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Banco Bilbao Vizcaya Argentaria's PB Ratio distribution charts can be found below:
* The bar in red indicates where Banco Bilbao Vizcaya Argentaria's PB Ratio falls into.
Banco Bilbao Vizcaya Argentaria 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.
* 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.
Banco Bilbao Vizcaya Argentaria (FRA:BOY) has a PB Ratio of 2.24 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Banco Bilbao Vizcaya Argentaria and its competitors. This is 164% above median its historical median of 0.85. Over the past decade, Banco Bilbao Vizcaya Argentaria's PB Ratio has ranged from 0.35 to 2.28. According to the industry distribution chart, Banco Bilbao Vizcaya Argentaria ranks #1387 out of 1520 companies in the Banks industry, placing it in the top 91.2%.
Is Banco Bilbao Vizcaya Argentaria's PB Ratio too high?
Banco Bilbao Vizcaya Argentaria's current PB Ratio of 2.24 is 164% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.28. The Banks industry median PB Ratio is 1.11. Banco Bilbao Vizcaya Argentaria's value of 2.24 is 101.8% above this industry median. Based on the distribution chart, Banco Bilbao Vizcaya Argentaria ranks #1387 out of 1520 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Banco Bilbao Vizcaya Argentaria has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Bilbao Vizcaya Argentaria's PB Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Banco Bilbao Vizcaya Argentaria ranks #1387 out of 1520 companies for PB Ratio. This places Banco Bilbao Vizcaya Argentaria in the lower half of its industry. The industry median PB Ratio is 1.11. Banco Bilbao Vizcaya Argentaria's value of 2.24 is 101.8% above this benchmark. Historically, Banco Bilbao Vizcaya Argentaria's own PB Ratio has ranged from 0.35 to 2.28 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.11, Banco Bilbao Vizcaya Argentaria 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 1,520 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. Banco Bilbao Vizcaya Argentaria's current PB Ratio of 2.24 is 101.8% 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 Banco Bilbao Vizcaya Argentaria 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. Banco Bilbao Vizcaya Argentaria's current PB Ratio is 2.24, which is 164% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Bilbao Vizcaya Argentaria stock overvalued right now?
Based on GuruFocus' analysis, Banco Bilbao Vizcaya Argentaria (FRA:BOY) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.40, compared to a current price of €22.34 — trading 80.2% above its estimated fair value. The current PB Ratio is 2.24, which is 164% above median its 10-year median of 0.85 and 101.8% above the Banks industry median of 1.11. Banco Bilbao Vizcaya Argentaria's overall GF Score™ is 72/100 with 7 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 Banco Bilbao Vizcaya Argentaria (FRA:BOY), the current PB Ratio is 2.24 as of Jul. 14, 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 Banco Bilbao Vizcaya Argentaria (FRA:BOY) Overvalued in 2026?
Based on GuruFocus' analysis, Banco Bilbao Vizcaya Argentaria stock appears to be overvalued.
The current stock price of €22.34 is trading 80.2% above its estimated GF Value™ of €12.40.
GuruFocus considers Banco Bilbao Vizcaya Argentaria to be Significantly Overvalued.
Key valuation signals for FRA:BOY:
PB Ratio: 2.24 (164% above median its 10-year median of 0.85)
GF Value™: €12.40 vs. price of €22.34 (80.2% above fair value)
Industry Position: 101.8% above the Banks median (#1387 of 1520)
No single metric tells the full story. See the FRA:BOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banco Bilbao Vizcaya Argentaria Business Description
Despite its Spanish origins, Banco Bilbao Vizcaya Argentaria generates only around one-fourth of its profits in Spain. We expect that on a normalized basis, BBVA's market-leading Mexican bank should contribute half of its earnings, while its Turkish operation should account for another 15%. The balance of BBVA's earnings comes from smaller operations in South America. BBVA is overwhelmingly a retail and commercial bank, with corporate and investment banking forming a minor part of the overall business. BBVA also offers insurance and investment products through its banking networks.
72GF Score
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