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Bentley Systems, Incorporated

Bentley Systems, Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 11.0% from fiscal 2024.

Revenue: +12.2%
EPS: +61.1%
Free cash flow: −8.34%
Total debt: −6.82%

Quarter to September 2026, against a year earlier

44.99 1.35 +3.09%

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Market cap: $13.6B
P/E: 43.3×
Fwd P/E: 39.1×
Dividend yield: 0.62%
F-score: 9/9
Altman Z: 3.65
Beneish M: −2.74
Dividend safety: 68/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Bentley Systems, Incorporated (BSY) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Bentley Systems, Incorporated (BSY) trades at a P/B ratio of 10.9×. Over the past ten years it has ranged from 7.2× (June 2026) to 1,613× (October 2020); the current reading is higher than 15% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.5×.

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<iframe src="https://stockrow.com/embed/BSY/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Bentley Systems, Incorporated P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/BSY/metrics/pb-ratio">Bentley Systems, Incorporated (BSY) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	10.1×	(28.51%)
FY2024	14.1×	(19.02%)
FY2023	17.4×	(11.94%)
FY2022	19.8×	(45.14%)
FY2021	36.1×	5.03%
FY2020	34.4×	35.93%
FY2019	25.3×	0.00%
FY2018	25.3×	—

Period	P/B ratio	Change
Sep 2026	7.7×	(0.29%)
Jun 2026	7.8×	(13.43%)
Mar 2026	9.0×	(11.32%)
Dec 2025	10.1×	(25.47%)
26 more quarters	Free account

Against its own ten years

Low 7.2× High 1,613×

Ten-year median 20.7×

Current reading's percentile 15

Company	P/B ratio
GRAB Grab Holdings Limited compare	2.0×
DT Dynatrace, Inc. compare	5.6×
FIG Figma, Inc. compare	6.8×
DOCU Docusign Inc. compare	8.8×
PCOR Procore Technologies, Inc. compare	10.6×
BSY Bentley Systems, Incorporated	10.9×
GWRE Guidewire Software, Inc. compare	11.8×
PAYC Paycom Software, Inc. compare	16.1×
MANH Manhattan Associates, Inc. compare	74.3×
Software Application industry median	2.6×
Technology sector median	2.5×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

Bentley Systems, Incorporated (BSY) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on BSY

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on BSY

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