B&C Speakers SpAMIL:BEC +0.44%71 PB Ratio is 2.14 as of Jun. 26, 2026, which is 52% below its 10-year median of 4.43. GuruFocus rates MIL:BEC with a GF Score™ of 71/100 and a GF Value™ of €16.94 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,413 Hardware companies, B&C Speakers SpA ranks better than 54.91% 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), B&C Speakers SpA's share price is €11.30. B&C Speakers SpA's Book Value per Share for the quarter that ended in Mar. 2026 was €5.29. Hence, B&C Speakers SpA's PB Ratio of today is 2.14.
Good Sign:
B&C Speakers SpA stock PB Ratio (=2.09) is close to 10-year low of 2.04.
The historical rank and industry rank for B&C Speakers SpA's PB Ratio or its related term are showing as below:
MIL:BEC'
s PB Ratio Range Over the Past 10 Years
Min: 2.04 Med: 4.43 Max: 10
Current: 2.13
During the past 13 years, B&C Speakers SpA's highest PB Ratio was 10.00. The lowest was 2.04. And the median was 4.43.
MIL:BEC's PB Ratio is ranked better than 54.91% of 2413
companies
in the Hardware industry
Industry Median: 2.4
vs MIL:BEC: 2.13
During the past 12 months, B&C Speakers SpA's average Book Value Per Share Growth Rate was -1.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of B&C Speakers SpA was 26.00% per year. The lowest was 0.10% per year. And the median was 10.30% 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.
B&C Speakers SpA PB Ratio Related Terms
B&C Speakers SpA PB Ratio Historical Data
* Premium members only.
The historical data trend for B&C Speakers 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 Consumer Electronics subindustry, B&C Speakers 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.
B&C Speakers SpA PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, B&C Speakers SpA's PB Ratio distribution charts can be found below:
* The bar in red indicates where B&C Speakers 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.
* 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.
B&C Speakers SpA (MIL:BEC) has a PB Ratio of 2.14 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 B&C Speakers SpA and its competitors. This is 52% below median its historical median of 4.43. Over the past decade, B&C Speakers SpA's PB Ratio has ranged from 2.04 to 10.00. According to the industry distribution chart, B&C Speakers SpA ranks #1088 out of 2413 companies in the Hardware industry, placing it in the top 45.1%.
Is B&C Speakers SpA's PB Ratio too high?
B&C Speakers SpA's current PB Ratio of 2.14 is 52% below median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 10.00. The Hardware industry median PB Ratio is 2.40. B&C Speakers SpA's value of 2.14 is 10.8% below this industry median. Based on the distribution chart, B&C Speakers SpA ranks #1088 out of 2413 companies in the Hardware industry, which is above the industry midpoint. Overall, B&C Speakers SpA has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B&C Speakers SpA's PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, B&C Speakers SpA ranks #1088 out of 2413 companies for PB Ratio. This puts B&C Speakers SpA in the upper half of its industry. The industry median PB Ratio is 2.40. B&C Speakers SpA's value of 2.14 is 10.8% below this benchmark. Historically, B&C Speakers SpA's own PB Ratio has ranged from 2.04 to 10.00 over the past decade. While the company's 10-year median is 4.43 vs. the industry median of 2.40, B&C Speakers SpA 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 Hardware company?
The median PB Ratio among Hardware companies is 2.40, based on 2,413 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. B&C Speakers SpA's current PB Ratio of 2.14 is 10.8% 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 B&C Speakers SpA and its competitors. For the Hardware industry, the median PB Ratio is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B&C Speakers SpA's current PB Ratio is 2.14, which is 52% below median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B&C Speakers SpA stock overvalued right now?
Based on GuruFocus' analysis, B&C Speakers SpA (MIL:BEC) is currently considered Significantly Undervalued. The stock's GF Value™ is €16.94, compared to a current price of €11.30 — trading 33.3% below its estimated fair value. The current PB Ratio is 2.14, which is 52% below median its 10-year median of 4.43 and 10.8% below the Hardware industry median of 2.40. B&C Speakers SpA's overall GF Score™ is 71/100 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 B&C Speakers SpA (MIL:BEC), the current PB Ratio is 2.14 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 B&C Speakers SpA (MIL:BEC) Overvalued in 2026?
Based on GuruFocus' analysis, B&C Speakers SpA stock appears to be undervalued.
The current stock price of €11.30 is trading 33.3% below its estimated GF Value™ of €16.94.
GuruFocus considers B&C Speakers SpA to be Significantly Undervalued.
Key valuation signals for MIL:BEC:
PB Ratio: 2.14 (52% below median its 10-year median of 4.43)
GF Value™: €16.94 vs. price of €11.30 (33.3% below fair value)
Industry Position: 10.8% below the Hardware median (#1088 of 2413)
No single metric tells the full story. See the MIL:BEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
B&C Speakers SpA is an Italy-based company engaged in the production and marketing of professional loudspeakers. Its speaker product offerings span across different categories, including high-frequency drivers, low-frequency drivers, tweeters, coaxials, and horn drivers. The company operates its business in a single sector, acoustic transducers. Geographically, it derives maximum revenue from Europe (excluding Italy), followed by the Asia-Pacific region, Italy, North America, Latin America, and the Middle East and Africa.
71GF Score
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