Bechtle AGHAM:BC8 -1.17%77 PB Ratio is 1.83 as of Jun. 26, 2026, which is 48% below its 10-year median of 3.51. GuruFocus rates HAM:BC8 with a GF Score™ of 77/100 and a GF Value™ of €40.59 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,624 Software companies, Bechtle AG ranks better than 61.13% 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 (2026-06-26), Bechtle AG's share price is €30.50. Bechtle AG's Book Value per Share for the quarter that ended in Mar. 2026 was €16.66. Hence, Bechtle AG's PB Ratio of today is 1.83.
The historical rank and industry rank for Bechtle AG's PB Ratio or its related term are showing as below:
HAM:BC8'
s PB Ratio Range Over the Past 10 Years
Min: 1.58 Med: 3.51 Max: 7.23
Current: 1.82
During the past 13 years, Bechtle AG's highest PB Ratio was 7.23. The lowest was 1.58. And the median was 3.51.
HAM:BC8's PB Ratio is ranked better than 61.13% of 2624
companies
in the Software industry
Industry Median: 2.32
vs HAM:BC8: 1.82
During the past 12 months, Bechtle AG's average Book Value Per Share Growth Rate was 7.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bechtle AG was 15.30% per year. The lowest was 8.50% per year. And the median was 11.10% 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.
Bechtle AG PB Ratio Related Terms
Bechtle AG PB Ratio Historical Data
* Premium members only.
The historical data trend for Bechtle AG'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 Information Technology Services subindustry, Bechtle AG'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.
Bechtle AG PB Ratio vs Software Industry
For the Software industry and Technology sector, Bechtle AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where Bechtle AG'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.
Bechtle AG'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.
Bechtle AG (HAM:BC8) has a PB Ratio of 1.83 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bechtle AG and its competitors. This is 48% below median its historical median of 3.51. Over the past decade, Bechtle AG's PB Ratio has ranged from 1.58 to 7.23. According to the industry distribution chart, Bechtle AG ranks #1020 out of 2624 companies in the Software industry, placing it in the top 38.9%.
Is Bechtle AG's PB Ratio too high?
Bechtle AG's current PB Ratio of 1.83 is 48% below median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 7.23. The Software industry median PB Ratio is 2.32. Bechtle AG's value of 1.83 is 21.1% below this industry median. Based on the distribution chart, Bechtle AG ranks #1020 out of 2624 companies in the Software industry, which is above the industry midpoint. Overall, Bechtle AG has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bechtle AG's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Bechtle AG ranks #1020 out of 2624 companies for PB Ratio. This puts Bechtle AG in the upper half of its industry. The industry median PB Ratio is 2.32. Bechtle AG's value of 1.83 is 21.1% below this benchmark. Historically, Bechtle AG's own PB Ratio has ranged from 1.58 to 7.23 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 2.32, Bechtle AG 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 Software company?
The median PB Ratio among Software companies is 2.32, based on 2,624 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. Bechtle AG's current PB Ratio of 1.83 is 21.1% 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 Bechtle AG and its competitors. For the Software industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bechtle AG's current PB Ratio is 1.83, which is 48% below median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bechtle AG stock overvalued right now?
Based on GuruFocus' analysis, Bechtle AG (HAM:BC8) is currently considered Modestly Undervalued. The stock's GF Value™ is €40.59, compared to a current price of €30.50 — trading 24.9% below its estimated fair value. The current PB Ratio is 1.83, which is 48% below median its 10-year median of 3.51 and 21.1% below the Software industry median of 2.32. Bechtle AG's overall GF Score™ is 77/100 with 2 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 Bechtle AG (HAM:BC8), the current PB Ratio is 1.83 as of Jun. 26, 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 Bechtle AG (HAM:BC8) Overvalued in 2026?
Based on GuruFocus' analysis, Bechtle AG stock appears to be undervalued.
The current stock price of €30.50 is trading 24.9% below its estimated GF Value™ of €40.59.
GuruFocus considers Bechtle AG to be Modestly Undervalued.
Key valuation signals for HAM:BC8:
PB Ratio: 1.83 (48% below median its 10-year median of 3.51)
GF Value™: €40.59 vs. price of €30.50 (24.9% below fair value)
Industry Position: 21.1% below the Software median (#1020 of 2624)
No single metric tells the full story. See the HAM:BC8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. The company operates through four reportable segments; Germany, France, Benelux, and Other Europe. It generates maximum of its revenue from the Germany segment. The company offers its customers IT hardware, software, solutions and services in 14 European countries, with Germany being the main market.
77GF Score
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