Bentley Systems, Incorporated Class B Common Stock (BSY) Valuation

Historical valuation analysis based on 500 data points (2024-09-23 to 2026-09-21)

Bentley Systems is a software vendor that caters to civil engineers, constructors, and geospatial professionals by enabling design, simulation, and data management of infrastructure assets such as...

Bentley Systems, Incorporated Class B Common Stock (BSY) currently trades at a P/E ratio of 36.49 (historical range: 32.45–76.93, median: 45.35), placing it at the 7th percentile — cheap relative to its history, P/S ratio of 6.61 (range: 5.88–13.78, 7th percentile — cheap relative to its history), EV/EBITDA of 30.23 (range: 27.18–66.05, 7th percentile).

Over the historical period (2024-09-23 to 2026-09-21), Bentley Systems, Incorporated Class B Common Stock's P/E ratio has contracted by 17% over the observed period (from an average of 54.1 to 45.2).

Bentley Systems, Incorporated Class B Common Stock trades well below its historical valuation range across most metrics.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio36.4932.4545.3576.937thcheap relative to its history
P/S Ratio6.615.8810.6013.787thcheap relative to its history
EV/EBITDA30.2327.1851.6366.057thcheap relative to its history
FCF Yield0.050.020.030.0593thcheap relative to its history
Current Price: $31.98
Market Cap: $9.7B
Sector: Technology

Bentley Systems, Incorporated Class B Common Stock (BSY) Valuation & P/E History

Bentley Systems, Incorporated Class B Common Stock (BSY) is a US-listed stock operating in the Technology sector, specifically the Services-Prepackaged Software industry currently trading at $31.98 with a market capitalization of $9.7 billion. This page provides historical valuation analysis for BSY based on 500 data points covering 2024-09-23 to 2026-09-21. The P/E ratio of 36.49 is below the historical median of 45.35, placing BSY at the 7th percentile of its valuation range. The P/S ratio of 6.61 compares to a median of 10.60.

BSY Valuation Metrics & Historical Range

The valuation table above shows Bentley Systems, Incorporated Class B Common Stock's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether BSY is currently trading above or below its typical valuation levels.

  • P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests BSY is expensively valued; below the median suggests it is cheap.
  • P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
  • EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Bentley Systems, Incorporated Class B Common Stock.
  • FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.

Is BSY Overvalued or Undervalued?

Bentley Systems, Incorporated Class B Common Stock trades well below its historical valuation range across most metrics. The overall valuation percentile of 7 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive BSY is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.

However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full BSY analysis page for a complete picture.

Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.BSY trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.