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BPER Banca SpAHAM:4BE -1.14%45 PB Ratio is 1.59 as of Jul. 17, 2026, which is 270% above its 10-year median of 0.43. GuruFocus rates HAM:4BE with a GF Score™ of 45/100 and a GF Value™ of €4.95 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,517 Banks companies, BPER Banca SpA ranks worse than 80.55% 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 (2026-07-17), BPER Banca SpA's share price is €13.818. BPER Banca SpA's Book Value per Share for the quarter that ended in Dec. 2025 was €8.68. Hence, BPER Banca SpA's PB Ratio of today is 1.59.
Warning Sign:
BPER Banca SpA stock PB Ratio (=1.61) is close to 10-year high of 1.66.
The historical rank and industry rank for BPER Banca SpA's PB Ratio or its related term are showing as below:
HAM:4BE'
s PB Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.43 Max: 1.66
Current: 1.64
During the past 13 years, BPER Banca SpA's highest PB Ratio was 1.66. The lowest was 0.15. And the median was 0.43.
HAM:4BE's PB Ratio is ranked worse than 80.55% of 1517
companies
in the Banks industry
Industry Median: 1.12
vs HAM:4BE: 1.64
During the past 12 months, BPER Banca SpA's average Book Value Per Share Growth Rate was 5.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BPER Banca SpA was 19.10% per year. The lowest was -14.90% per year. And the median was -0.25% per year.
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.
BPER Banca SpA PB Ratio Related Terms
BPER Banca SpA PB Ratio Historical Data
* Premium members only.
The historical data trend for BPER Banca SpA'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.
For the Banks - Regional subindustry, BPER Banca SpA'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.
BPER Banca SpA PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, BPER Banca SpA's PB Ratio distribution charts can be found below:
* The bar in red indicates where BPER Banca SpA's PB Ratio falls into.
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.
BPER Banca SpA's PB Ratio for today is calculated as follows:
* 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.
BPER Banca SpA (HAM:4BE) has a PB Ratio of 1.59 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on BPER Banca SpA and its competitors. This is 270% above median its historical median of 0.43. Over the past decade, BPER Banca SpA's PB Ratio has ranged from 0.15 to 1.66. According to the industry distribution chart, BPER Banca SpA ranks #1222 out of 1517 companies in the Banks industry, placing it in the top 80.6%.
Is BPER Banca SpA's PB Ratio too high?
BPER Banca SpA's current PB Ratio of 1.59 is 270% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.66. The Banks industry median PB Ratio is 1.12. BPER Banca SpA's value of 1.59 is 42% above this industry median. Based on the distribution chart, BPER Banca SpA ranks #1222 out of 1517 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, BPER Banca SpA has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BPER Banca SpA's PB Ratio compare to competitors?
According to the Banks industry distribution chart, BPER Banca SpA ranks #1222 out of 1517 companies for PB Ratio. This places BPER Banca SpA in the lower half of its industry. The industry median PB Ratio is 1.12. BPER Banca SpA's value of 1.59 is 42% above this benchmark. Historically, BPER Banca SpA's own PB Ratio has ranged from 0.15 to 1.66 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.12, BPER Banca SpA 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 1.12, based on 1,517 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. BPER Banca SpA's current PB Ratio of 1.59 is 42% 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 BPER Banca SpA and its competitors. For the Banks industry, the median PB Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BPER Banca SpA's current PB Ratio is 1.59, which is 270% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BPER Banca SpA stock overvalued right now?
Based on GuruFocus' analysis, BPER Banca SpA (HAM:4BE) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.95, compared to a current price of €13.82 — trading 179.2% above its estimated fair value. The current PB Ratio is 1.59, which is 270% above median its 10-year median of 0.43 and 42% above the Banks industry median of 1.12. BPER Banca SpA's overall GF Score™ is 45/100 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 BPER Banca SpA (HAM:4BE), the current PB Ratio is 1.59 as of Jul. 17, 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 BPER Banca SpA (HAM:4BE) Overvalued in 2026?
Based on GuruFocus' analysis, BPER Banca SpA stock appears to be overvalued.
The current stock price of €13.82 is trading 179.2% above its estimated GF Value™ of €4.95.
GuruFocus considers BPER Banca SpA to be Significantly Overvalued.
Key valuation signals for HAM:4BE:
PB Ratio: 1.59 (270% above median its 10-year median of 0.43)
GF Value™: €4.95 vs. price of €13.82 (179.2% above fair value)
Industry Position: 42% above the Banks median (#1222 of 1517)
No single metric tells the full story. See the HAM:4BE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BPER Banca SpA is a banking group consisting of four Italian regional commercial banks that merged on the initiative of BPER Banca. The banks are involved in a number of market segments, including retail banking, corporate and investment banking, and wealth management and insurance. In addition to the banks, the Group includes product companies, including asset management, personal loans, leasing, and factoring operations, and special purpose vehicles. Its strategy emphasizes customer service and cooperative banking. BPER group's customer base overwhelming derives from retail banking, mostly from individuals with some business deposits. Its loan base, however, is principally the group's corporate customers.
45GF Score
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