BCE (TSX:BCE.PR.L.PFD) PB Ratio: (As of Aug. 02, 2026)

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TSX:BCE.PR.L.PFD BCE Inc TSX:BCE.PR.L.PFD
69 GF Score
Price C$21.60
! 6 Warning Signs
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What is BCE PB Ratio?

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 (2026-08-02), BCE's share price is C$21.60. BCE's Book Value per Share for the quarter that ended in Mar. 2026 was C$0.00. Hence, BCE's PB Ratio of today is .

Good Sign:

BCE Inc stock PB Ratio (=1.41) is close to 10-year low of 1.39.

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

TSX:BCE.PR.L.PFD' s PB Ratio Range Over the Past 10 Years
Min: 1.39   Med: 3.02   Max: 4.42
Current: 1.41

During the past 13 years, BCE's highest PB Ratio was 4.42. The lowest was 1.39. And the median was 3.02.

TSX:BCE.PR.L.PFD's PB Ratio is ranked better than
60.77% of 339 companies
in the Telecommunication Services industry
Industry Median: 1.77 vs TSX:BCE.PR.L.PFD: 1.41

During the past 12 months, BCE's average Book Value Per Share Growth Rate was 43.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BCE was 16.10% per year. The lowest was -21.60% per year. And the median was 1.80% per year.

Back to Basics: PB Ratio


BCE  (TSX:BCE.PR.L.PFD) 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.


BCE PB Ratio Related Terms


BCE PB Ratio Historical Data

* Premium members only.

The historical data trend for BCE'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.

BCE PB Ratio Chart

BCE 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 0.00 0.00 0.00 0.00 0.00

BCE 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 0.00 0.00 0.00 0.00 0.00

TSX:BCE.PR.L.PFD vs VZ, TMUS, T: PB Ratio Comparison

For the Telecom Services subindustry, BCE'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.


BCE PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, BCE's PB Ratio distribution charts can be found below:

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


TSX:BCE.PR.L.PFD
69GF Score
BCE Inc TSX:BCE.PR.L.PFD
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BCE 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.

BCE's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=21.60/0
=

* 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.


BCE Business Description

Address 1 Carrefour Alexander Graham Bell, Building A, Tour A-7, 7th Floor, Verdun, QC, CAN, H3E 3B3
BCE provides wireless, broadband, television, and landline phone services in Canada. It is one of the Big Three national wireless carriers, with over 10 million customers constituting about 30% of the market. It is also the incumbent local exchange carrier—the legacy telephone provider—throughout much of the eastern half of Canada, including in the most populous Canadian provinces: Ontario and Quebec. BCE has a media segment that holds television, radio, and digital media assets. BCE licenses the Canadian rights to HBO Max and Starz.
69GF Score

Get the complete analysis for TSX:BCE.PR.L.PFD

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

C$21.60
Price