BSY PE Ratio & Valuation,Is BSY Overvalued

BSY Relative Valuation

BSY's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, BSY is overvalued; if below, it's undervalued.

Historical Valuation

Bentley Systems Inc (BSY) is now in the Undervalued zone, suggesting that its current forward PE ratio of 31.81 is considered Undervalued compared with the five-year average of 52.48. The fair price of Bentley Systems Inc (BSY) is between 45.21 to 74.56 according to relative valuation methord. Compared to the current price of 40.58 USD , Bentley Systems Inc is Undervalued By 10.23%.

Relative Value

Fair Zone

45.21-74.56

Current Price：40.58

10.23%

Undervalued

31.81

24.40

EV/EBITDA

Bentley Systems Inc. (BSY) has a current EV/EBITDA of 24.40. The 5-year average EV/EBITDA is 38.54. The thresholds are as follows: Strongly Undervalued below 19.19, Undervalued between 19.19 and 28.86, Fairly Valued between 48.21 and 28.86, Overvalued between 48.21 and 57.89, and Strongly Overvalued above 57.89. The current Forward EV/EBITDA of 24.40 falls within the Undervalued range.

25.43

EV/EBIT

Bentley Systems Inc. (BSY) has a current EV/EBIT of 25.43. The 5-year average EV/EBIT is 41.05. The thresholds are as follows: Strongly Undervalued below 20.04, Undervalued between 20.04 and 30.55, Fairly Valued between 51.55 and 30.55, Overvalued between 51.55 and 62.05, and Strongly Overvalued above 62.05. The current Forward EV/EBIT of 25.43 falls within the Undervalued range.

7.97

Bentley Systems Inc. (BSY) has a current PS of 7.97. The 5-year average PS is 11.95. The thresholds are as follows: Strongly Undervalued below 6.28, Undervalued between 6.28 and 9.11, Fairly Valued between 14.78 and 9.11, Overvalued between 14.78 and 17.61, and Strongly Overvalued above 17.61. The current Forward PS of 7.97 falls within the Undervalued range.

25.98

P/OCF

Bentley Systems Inc. (BSY) has a current P/OCF of 25.98. The 5-year average P/OCF is 42.13. The thresholds are as follows: Strongly Undervalued below 23.48, Undervalued between 23.48 and 32.80, Fairly Valued between 51.45 and 32.80, Overvalued between 51.45 and 60.78, and Strongly Overvalued above 60.78. The current Forward P/OCF of 25.98 falls within the Undervalued range.

27.47

P/FCF

Bentley Systems Inc. (BSY) has a current P/FCF of 27.47. The 5-year average P/FCF is 45.35. The thresholds are as follows: Strongly Undervalued below 24.44, Undervalued between 24.44 and 34.90, Fairly Valued between 55.81 and 34.90, Overvalued between 55.81 and 66.27, and Strongly Overvalued above 66.27. The current Forward P/FCF of 27.47 falls within the Undervalued range.

Bentley Systems Inc (BSY) has a current Price-to-Book (P/B) ratio of 10.67. Compared to its 3-year average P/B ratio of 17.96 , the current P/B ratio is approximately -40.58% higher. Relative to its 5-year average P/B ratio of 36.41, the current P/B ratio is about -70.70% higher. Bentley Systems Inc (BSY) has a Forward Free Cash Flow (FCF) yield of approximately 3.61%. Compared to its 3-year average FCF yield of 2.55%, the current FCF yield is approximately 41.60% lower. Relative to its 5-year average FCF yield of 2.33% , the current FCF yield is about 54.98% lower.

10.67

P/B

Median3y

17.96

Median5y

36.41

3.61

FCF Yield

Median3y

2.55

Median5y

2.33

Competitors Valuation Multiple

The average P/S ratio for BSY's competitors is 3.76, providing a benchmark for relative valuation. Bentley Systems Inc Corp (BSY) exhibits a P/S ratio of 7.97, which is 111.94% above the industry average. Given its robust revenue growth of 12.05%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of BSY decreased by 13.10% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 12.63 to 15.25.

The secondary factor is the Revenue Growth, contributed 12.05%to the performance.

Overall, the performance of BSY in the past 1 year is driven by Margin Expansion. Which is more sustainable.

12.05%

335.17M → 375.55M

Revenue Growth

20.74%

12.63 → 15.25

Margin Expansion

-45.89%

90.60 → 49.02

P/E Change

-13.10%

46.70 → 40.58

Mkt Cap Growth

People Also Watch

Frequently Asked Questions

Is Bentley Systems Inc (BSY) currently overvalued or undervalued?

What is Bentley Systems Inc (BSY) fair value?

BSY's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Bentley Systems Inc (BSY) is between 45.21 to 74.56 according to relative valuation methord.

How does BSY's valuation metrics compare to the industry average?

What is the current P/B ratio for Bentley Systems Inc (BSY) as of Dec 15 2025?

As of Dec 15 2025, Bentley Systems Inc (BSY) has a P/B ratio of 10.67. This indicates that the market values BSY at 10.67 times its book value.

What is the current FCF Yield for Bentley Systems Inc (BSY) as of Dec 15 2025?

As of Dec 15 2025, Bentley Systems Inc (BSY) has a FCF Yield of 3.61%. This means that for every dollar of Bentley Systems Inc’s market capitalization, the company generates 3.61 cents in free cash flow.

What is the current Forward P/E ratio for Bentley Systems Inc (BSY) as of Dec 15 2025?

As of Dec 15 2025, Bentley Systems Inc (BSY) has a Forward P/E ratio of 31.81. This means the market is willing to pay $31.81 for every dollar of Bentley Systems Inc’s expected earnings over the next 12 months.

What is the current Forward P/S ratio for Bentley Systems Inc (BSY) as of Dec 15 2025?

As of Dec 15 2025, Bentley Systems Inc (BSY) has a Forward P/S ratio of 7.97. This means the market is valuing BSY at $7.97 for every dollar of expected revenue over the next 12 months.

BSY Valuation