BCE Inc
TSX:BCE
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (2.1), the stock would be worth CA$50.85 (56% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.3 | CA$32.62 |
0%
|
| 3-Year Average | 2.1 | CA$50.85 |
+56%
|
| 5-Year Average | 2.3 | CA$55.23 |
+69%
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| Industry Average | 1.6 | CA$38.74 |
+19%
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| Country Average | 2.7 | CA$64.97 |
+99%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
BCE Inc
TSX:BCE
|
30.7B CAD | 1.3 | 4.9 | |
| US |
|
Verizon Communications Inc
NYSE:VZ
|
195.6B USD | 1.9 | 11.4 | |
| US |
|
AT&T Inc
NYSE:T
|
182.5B USD | 1.7 | 8.6 | |
| DE |
|
Deutsche Telekom AG
XETRA:DTE
|
133.6B EUR | 2.1 | 13.9 | |
| CN |
|
China Telecom Corp Ltd
SSE:601728
|
545.4B CNY | 1.2 | 16.2 | |
| JP |
|
Nippon Telegraph and Telephone Corp
TSE:9432
|
12.5T JPY | 1.4 | 11.6 | |
| SG |
|
Singapore Telecommunications Ltd
SGX:Z74
|
77.4B SGD | 2.9 | 12.5 | |
| FR |
|
Orange SA
PAR:ORA
|
46.9B EUR | 1.6 | 87.2 | |
| SA |
|
Saudi Telecom Company SJSC
SAU:7010
|
189.1B SAR | 2.3 | 12.8 | |
| CH |
|
Swisscom AG
SIX:SCMN
|
34.4B CHF | 2.9 | 27.7 | |
| AU |
T
|
Telstra Group Ltd
F:5KB
|
36.7B EUR | 4.6 | 27 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.9 |
| Max | 1 402.4 |
Other Multiples
BCE Inc
Glance View
In the sprawling landscape of Canada's telecommunications industry, BCE Inc. stands as a towering figure, a well-oiled machine operating at the intersection of communication and innovation. Originally established in 1880 as Bell Canada Enterprises, the company has undoubtedly transformed from a simple telephone service provider to a diversified conglomerate, addressing the communication needs of millions. BCE Inc.'s powerful trifecta includes Bell Wireless, Bell Wireline, and Bell Media, woven seamlessly into the fabric of Canadian society. The company artfully orchestrates the distribution of services ranging from high-speed internet, television, and landline telecommunication to mobile services, capturing revenue through both consumer subscriptions and corporate contracts. The wireless segment, in particular, serves as a dynamic growth engine, capitalizing on expanding smartphone usage and the relentless evolution of network technologies. BCE Inc. doesn't just stop at traditional telecommunication services; it dives into the world of media with Bell Media, adding another robust stream to its revenue portfolio. This branch thrives on a comprehensive array of television and radio properties, reaching a broad audience and drawing significant advertising and subscription revenues. By owning and distributing popular content and channels, it ensures a steady influx of viewers and listeners, translating entertainment into monetary gain. The strategic integrations of its telecom and media assets enable BCE Inc. to offer bundled services, enhancing customer loyalty and creating a competitive edge in the market. Simultaneously, its commitment to investing in fiber and 5G ensures BCE Inc. remains at the forefront of connectivity, continually scaling its infrastructure to support an increasingly digital future. Through a combination of innovation, strategic expansion, and a firm grip on modern communication needs, BCE Inc. continues to solidify its influential presence across various facets of Canadian life.