Bell EquipmentBLLQF 49 PB Ratio is 0.64 as of Jun. 28, 2026, which is 73% above its 10-year median of 0.37. GuruFocus rates BLLQF with a GF Score™ of 49/100 and a GF Value™ of $2.09 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 201 Farm & Heavy Construction Machinery companies, Bell Equipment ranks better than 86.57% 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 (2026-06-28), Bell Equipment's share price is $2.30. Bell Equipment's Book Value per Share for the quarter that ended in Dec. 2025 was $3.59. Hence, Bell Equipment's PB Ratio of today is 0.64.
Good Sign:
Bell Equipment Ltd stock PB Ratio (=0.58) is close to 2-year low of 0.53.
The historical rank and industry rank for Bell Equipment's PB Ratio or its related term are showing as below:
BLLQF'
s PB Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.37 Max: 0.94
Current: 0.58
During the past 13 years, Bell Equipment's highest PB Ratio was 0.94. The lowest was 0.13. And the median was 0.37.
During the past 12 months, Bell Equipment's average Book Value Per Share Growth Rate was 3.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bell Equipment was 35.80% per year. The lowest was -0.90% per year. And the median was 10.10% 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.
Bell Equipment PB Ratio Related Terms
Bell Equipment PB Ratio Historical Data
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The historical data trend for Bell Equipment'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 Farm & Heavy Construction Machinery subindustry, Bell Equipment'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.
Bell Equipment PB Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Bell Equipment's PB Ratio distribution charts can be found below:
* The bar in red indicates where Bell Equipment'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.
Bell Equipment'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.
Bell Equipment (BLLQF) has a PB Ratio of 0.64 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bell Equipment and its competitors. This is 73% above median its historical median of 0.37. Over the past decade, Bell Equipment's PB Ratio has ranged from 0.13 to 0.94. According to the industry distribution chart, Bell Equipment ranks #27 out of 201 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 13.4%.
Is Bell Equipment's PB Ratio too high?
Bell Equipment's current PB Ratio of 0.64 is 73% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.94. The Farm & Heavy Construction Machinery industry median PB Ratio is 1.50. Bell Equipment's value of 0.64 is 57.3% below this industry median. Based on the distribution chart, Bell Equipment ranks #27 out of 201 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Bell Equipment has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bell Equipment's PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Bell Equipment ranks #27 out of 201 companies for PB Ratio. This places Bell Equipment in the top 13% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.50. Bell Equipment's value of 0.64 is 57.3% below this benchmark. Historically, Bell Equipment's own PB Ratio has ranged from 0.13 to 0.94 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 1.50, Bell Equipment 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 Farm & Heavy Construction Machinery company?
The median PB Ratio among Farm & Heavy Construction Machinery companies is 1.50, based on 201 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. Bell Equipment's current PB Ratio of 0.64 is 57.3% 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 Bell Equipment and its competitors. For the Farm & Heavy Construction Machinery industry, the median PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bell Equipment's current PB Ratio is 0.64, which is 73% above median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bell Equipment stock overvalued right now?
Based on GuruFocus' analysis, Bell Equipment (BLLQF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.09, compared to a current price of $2.30 — trading 10% above its estimated fair value. The current PB Ratio is 0.64, which is 73% above median its 10-year median of 0.37 and 57.3% below the Farm & Heavy Construction Machinery industry median of 1.50. Bell Equipment's overall GF Score™ is 49/100 with 3 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 Bell Equipment (BLLQF), the current PB Ratio is 0.64 as of Jun. 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 Bell Equipment (BLLQF) Overvalued in 2026?
Based on GuruFocus' analysis, Bell Equipment stock appears to be overvalued.
The current stock price of $2.30 is trading 10% above its estimated GF Value™ of $2.09.
GuruFocus considers Bell Equipment to be Significantly Overvalued.
Key valuation signals for BLLQF:
PB Ratio: 0.64 (73% above median its 10-year median of 0.37)
GF Value™: $2.09 vs. price of $2.30 (10% above fair value)
Industry Position: 57.3% below the Farm & Heavy Construction Machinery median (#27 of 201)
No single metric tells the full story. See the BLLQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bell Equipment Ltd designs and manufactures a wide Collection of products. This includes a complete range of Bell forestry and agriculture products. It seeks to develop and support local suppliers and invests in outreach initiatives with a focus on education, training, and development both internally and externally. It conducts two main business operations Manufacturing, assembly, logistics and dealer sales operations which is OEM operations comprising manufacturing, assembly and sales of equipment and aftermarket products to independent dealers for their distribution to market; and Direct Sales operations which is owned distribution operations for direct sales of own manufactured products, other third party products and the supply of aftermarket support and products to market.
49GF Score
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