BCE (BCE) Financial Ratios: P/E, ROE & More

BCE (BCE) Financial Ratios

For fiscal 2025 (fiscal year ended Dec 31, 2025), BCE had a P/E ratio of 4.84 (down from 186.49), return on equity of 32.0% (up from 2.0%), debt-to-equity of 1.76 (down from 2.33) and a current ratio of 0.58 (down from 0.60). A current ratio of 0.58 means current liabilities exceed current assets. Its dividend yield was 7.06% with a payout ratio of 33.7%.

BCE Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Valuation Ratios
P/E Ratio	4.84	186.49	22.93	19.98	22.08	19.71
P/S Ratio	1.25	1.25	1.93	2.24	2.55	2.15
P/B Ratio	1.31	1.75	2.31	2.41	2.61	2.31
Price/FCF	9.27	9.83	14.14	16.79	18.95	13.86
Price/OCF	4.37	4.35	5.99	6.49	7.47	6.35
Enterprise Value Ratios
EV/Revenue	3.05	2.94	3.48	3.69	3.88	3.48
EV/EBITDA	8.71	8.29	9.85	10.35	10.93	9.84
EV/EBIT	13.74	12.79	15.29	16.14	17.30	15.46
EV/FCF	22.68	23.21	25.48	27.60	28.85	22.44
Profitability & Returns
Return on Equity (ROE)	32.03%	1.98%	10.81%	12.87%	13.06%	11.57%
Return on Assets (ROA)	4.42%	4.82%	4.96%	5.08%	5.16%	5.34%
Return on Invested Capital (ROIC)	7.66%	3.98%	7.19%	7.79%	7.75%	8.22%
Return on Capital Employed (ROCE)	8.10%	9.60%	9.40%	9.60%	9.10%	9.80%
Leverage & Solvency Ratios
Debt/Equity	1.76	2.33	1.76	1.42	1.29	1.23
Debt/EBITDA	4.35	4.26	3.81	3.42	3.29	3.00
Debt/FCF	12.47	13.10	10.75	9.88	9.40	7.41
Liquidity Ratios
Current Ratio	0.58	0.60	0.65	0.57	0.68	0.69
Quick Ratio	0.42	0.47	0.52	0.41	0.51	0.54
Efficiency Ratios
Asset Turnover	0.32	0.34	0.35	0.35	0.37	0.38
Inventory Turnover	33.24	30.46	24.69	23.98	29.02	30.21
Yield & Distribution Ratios
Earnings Yield	21.16%	1.13%	4.76%	5.29%	4.75%	5.35%
FCF Yield	10.79%	10.17%	7.07%	5.96%	5.28%	7.22%
Dividend Yield	7.06%	11.98%	7.42%	6.19%	5.32%	8.59%
Payout Ratio	33.70%	1104.65%	162.09%	120.22%	114.68%	117.96%
Buyback Yield	-1.84%	-0.01%	-0.02%	-0.58%	-0.25%	-0.33%
Total Return	5.22%	11.96%	7.40%	5.60%	5.07%	8.25%

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About BCE Financial Ratios

What is BCE's P/E ratio?

BCE's P/E ratio was 4.84 for fiscal 2025 (period ended Dec 31, 2025). It was 186.49 a year earlier.

What is BCE's return on equity?

BCE's return on equity (ROE) was 32.0% for fiscal 2025 (period ended Dec 31, 2025). It was 2.0% a year earlier.

What is BCE's debt-to-equity ratio?

BCE's debt-to-equity ratio was 1.76 for fiscal 2025 (period ended Dec 31, 2025). It was 2.33 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition