Blacklinefety (TSX:BLN) PB Ratio: 11.23 (As of Jul. 11, 2026) — 47% Above Median


TSX:BLN Blackline Safety Corp TSX:BLN
76 GF Score
Price C$9.05
GF Value C$6.97
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Blacklinefety PB Ratio?

Blacklinefety TSX:BLN 76 PB Ratio is 11.23 as of Jul. 11, 2026, which is 47% above its 10-year median of 7.64. GuruFocus rates TSX:BLN with a GF Score™ of 76/100 and a GF Value™ of C$6.97 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,626 Software companies, Blacklinefety ranks worse than 91.51% 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 (2026-07-11), Blacklinefety's share price is C$9.05. Blacklinefety's Book Value per Share for the quarter that ended in Apr. 2026 was C$0.81. Hence, Blacklinefety's PB Ratio of today is 11.23.

Warning Sign:

Blackline Safety Corp stock PB Ratio (=11.23) is close to 1-year high of 11.23.

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

TSX:BLN' s PB Ratio Range Over the Past 10 Years
Min: 2.23   Med: 7.64   Max: 25.36
Current: 11.23

During the past 13 years, Blacklinefety's highest PB Ratio was 25.36. The lowest was 2.23. And the median was 7.64.

TSX:BLN's PB Ratio is ranked worse than
91.51% of 2626 companies
in the Software industry
Industry Median: 2.4 vs TSX:BLN: 11.23

During the past 12 months, Blacklinefety's average Book Value Per Share Growth Rate was -13.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Blacklinefety was 72.10% per year. The lowest was -51.60% per year. And the median was -2.40% per year.

Back to Basics: PB Ratio


Blacklinefety  (TSX:BLN) 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.


Blacklinefety PB Ratio Related Terms


Blacklinefety PB Ratio Historical Data

* Premium members only.

The historical data trend for Blacklinefety'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.

Blacklinefety PB Ratio Chart

Blacklinefety Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.71 2.20 7.12 8.82 7.76

Blacklinefety Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 6.94 6.89 7.76 7.64 11.08

TSX:BLN vs UBER, SHOP, CRM: PB Ratio Comparison

For the Software - Application subindustry, Blacklinefety'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.


Blacklinefety PB Ratio vs Software Industry

For the Software industry and Technology sector, Blacklinefety's PB Ratio distribution charts can be found below:

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


TSX:BLN
76GF Score
Blackline Safety Corp TSX:BLN
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blacklinefety 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2026)
=9.05/0.806
=11.23

* 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 11.23 mean?
Blacklinefety (TSX:BLN) has a PB Ratio of 11.23 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Blacklinefety and its competitors. This is 47% above median its historical median of 7.64. Over the past decade, Blacklinefety's PB Ratio has ranged from 2.23 to 25.36. According to the industry distribution chart, Blacklinefety ranks #2403 out of 2626 companies in the Software industry, placing it in the top 91.5%.
Is Blacklinefety's PB Ratio too high?
Blacklinefety's current PB Ratio of 11.23 is 47% above median its 10-year median of 7.64. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 25.36. The Software industry median PB Ratio is 2.40. Blacklinefety's value of 11.23 is 367.9% above this industry median. Based on the distribution chart, Blacklinefety ranks #2403 out of 2626 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Blacklinefety has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blacklinefety's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Blacklinefety ranks #2403 out of 2626 companies for PB Ratio. This places Blacklinefety in the lower half of its industry. The industry median PB Ratio is 2.40. Blacklinefety's value of 11.23 is 367.9% above this benchmark. Historically, Blacklinefety's own PB Ratio has ranged from 2.23 to 25.36 over the past decade. While the company's 10-year median is 7.64 vs. the industry median of 2.40, Blacklinefety 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 Software company?
The median PB Ratio among Software companies is 2.40, based on 2,626 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. Blacklinefety's current PB Ratio of 11.23 is 367.9% 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 Blacklinefety and its competitors. For the Software 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. Blacklinefety's current PB Ratio is 11.23, which is 47% above median its own 10-year median of 7.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blacklinefety stock overvalued right now?
Based on GuruFocus' analysis, Blacklinefety (TSX:BLN) is currently considered Modestly Overvalued. The stock's GF Value™ is C$6.97, compared to a current price of C$9.05 — trading 29.8% above its estimated fair value. The current PB Ratio is 11.23, which is 47% above median its 10-year median of 7.64 and 367.9% above the Software industry median of 2.40. Blacklinefety's overall GF Score™ is 76/100 with 6 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 Blacklinefety (TSX:BLN), the current PB Ratio is 11.23 as of Jul. 11, 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 Blacklinefety (TSX:BLN) Overvalued in 2026?

Based on GuruFocus' analysis, Blacklinefety stock appears to be overvalued. The current stock price of C$9.05 is trading 29.8% above its estimated GF Value™ of C$6.97. GuruFocus considers Blacklinefety to be Modestly Overvalued.

Key valuation signals for TSX:BLN:

  • PB Ratio: 11.23 (47% above median its 10-year median of 7.64)
  • GF Value™: C$6.97 vs. price of C$9.05 (29.8% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 367.9% above the Software median (#2403 of 2626)

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


Blacklinefety Business Description

Other Exchanges BLKLF:USA
Address 803-24 Avenue S.E, Unit 100, Calgary, AB, CAN, T2G 1P5
Blackline Safety Corp is a connected safety monitoring technology company. The company develops, manufactures, and markets products and services that empower businesses with real-time safety insights to manage emergency responses, evacuations, and gas detection compliance programs. Its operating segments include the Product segment and the Service segment which generates the majority of the revenue for the company. Service revenues relate to connectivity, monitoring and data services that it provides to the customers of its safety devices and includes access to the Blackline Safety Cloud, compliance and analytics reports, SOC monitoring, two-way voice functionality and push to talk capability. Geographically, it derives revenue from Canada, Europe, United States and Rest of the World.
76GF Score

Get the complete analysis for TSX:BLN

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

C$9.05
Price
C$6.97
GF Value