BGC Group (FRA:ESD) PB Ratio: 4.60 (As of Jul. 02, 2026) — 70% Above Median


FRA:ESD BGC Group Inc FRA:ESD
61 GF Score
Price €9.15
GF Value €10.63
Valuation Modestly Undervalued
! 4 Warning Signs
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What is BGC Group PB Ratio?

BGC Group FRA:ESD +2.23% 61 PB Ratio is 4.60 as of Jul. 02, 2026, which is 70% above its 10-year median of 2.71. GuruFocus rates FRA:ESD with a GF Score™ of 61/100 and a GF Value™ of €10.63 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 782 Capital Markets companies, BGC Group ranks worse than 88.49% 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 (2026-07-02), BGC Group's share price is €9.15. BGC Group's Book Value per Share for the quarter that ended in Mar. 2026 was €1.99. Hence, BGC Group's PB Ratio of today is 4.60.

The historical rank and industry rank for BGC Group's PB Ratio or its related term are showing as below:

FRA:ESD' s PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 2.71   Max: 6.47
Current: 4.73

During the past 13 years, BGC Group's highest PB Ratio was 6.47. The lowest was 1.19. And the median was 2.71.

FRA:ESD's PB Ratio is ranked worse than
88.49% of 782 companies
in the Capital Markets industry
Industry Median: 1.335 vs FRA:ESD: 4.73

During the past 12 months, BGC Group's average Book Value Per Share Growth Rate was 16.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BGC Group was 25.40% per year. The lowest was -23.30% per year. And the median was -1.95% per year.

Back to Basics: PB Ratio


BGC Group  (FRA:ESD) 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.


BGC Group PB Ratio Related Terms


BGC Group PB Ratio Historical Data

* Premium members only.

The historical data trend for BGC Group'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.

BGC Group PB Ratio Chart

BGC Group 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 2.66 2.06 3.72 4.79 4.30

BGC Group 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 4.57 4.98 4.60 4.30 4.25

FRA:ESD vs MARA, GLXY, VIRT: PB Ratio Comparison

For the Capital Markets subindustry, BGC Group'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.


BGC Group PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BGC Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where BGC Group's PB Ratio falls into.


FRA:ESD
61GF Score
BGC Group Inc FRA:ESD
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BGC Group 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.

BGC Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=9.15/1.987
=4.60

* 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 4.60 mean?
BGC Group (FRA:ESD) has a PB Ratio of 4.60 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on BGC Group and its competitors. This is 70% above median its historical median of 2.71. Over the past decade, BGC Group's PB Ratio has ranged from 1.19 to 6.47. According to the industry distribution chart, BGC Group ranks #692 out of 782 companies in the Capital Markets industry, placing it in the top 88.5%.
Is BGC Group's PB Ratio too high?
BGC Group's current PB Ratio of 4.60 is 70% above median its 10-year median of 2.71. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 6.47. The Capital Markets industry median PB Ratio is 1.34. BGC Group's value of 4.60 is 244.6% above this industry median. Based on the distribution chart, BGC Group ranks #692 out of 782 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, BGC Group has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BGC Group's PB Ratio compare to MARA and GLXY?
According to the Capital Markets industry distribution chart, BGC Group ranks #692 out of 782 companies for PB Ratio. This places BGC Group in the lower half of its industry. The industry median PB Ratio is 1.34. BGC Group's value of 4.60 is 244.6% above this benchmark. Historically, BGC Group's own PB Ratio has ranged from 1.19 to 6.47 over the past decade. While the company's 10-year median is 2.71 vs. the industry median of 1.34, BGC Group 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.34, based on 782 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. BGC Group's current PB Ratio of 4.60 is 244.6% 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 BGC Group and its competitors. For the Capital Markets industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BGC Group's current PB Ratio is 4.60, which is 70% above median its own 10-year median of 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BGC Group stock overvalued right now?
Based on GuruFocus' analysis, BGC Group (FRA:ESD) is currently considered Modestly Undervalued. The stock's GF Value™ is €10.63, compared to a current price of €9.15 — trading 13.9% below its estimated fair value. The current PB Ratio is 4.60, which is 70% above median its 10-year median of 2.71 and 244.6% above the Capital Markets industry median of 1.34. BGC Group's overall GF Score™ is 61/100 with 4 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 BGC Group (FRA:ESD), the current PB Ratio is 4.60 as of Jul. 02, 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 BGC Group (FRA:ESD) Overvalued in 2026?

Based on GuruFocus' analysis, BGC Group stock appears to be undervalued. The current stock price of €9.15 is trading 13.9% below its estimated GF Value™ of €10.63. GuruFocus considers BGC Group to be Modestly Undervalued.

Key valuation signals for FRA:ESD:

  • PB Ratio: 4.60 (70% above median its 10-year median of 2.71)
  • GF Value™: €10.63 vs. price of €9.15 (13.9% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 244.6% above the Capital Markets median (#692 of 782)

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


BGC Group Business Description

Other Exchanges BGC:USA
Address 499 Park Avenue, New York, NY, USA, 10022
BGC Group Inc is a brokerage and financial technology company that serves financial markets, energy, and commodities markets. Its service and product offerings include brokerage for a wide range of financial products, including fixed income, equities, commodities, derivatives, and real estate, software solutions for trading platforms, clearing, trade execution, and other back-office services. Its clients mostly include banks, financial institutions, and corporate clients. BGC operates in one reportable segment, which is providing brokerage services. Geographically, the company generates a majority of its revenue from Europe, the Middle East and Africa (EMEA), followed by the Americas and the Asia-Pacific region.
61GF Score

Get the complete analysis for FRA:ESD

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

€9.15
Price
€10.63
GF Value