- ISIN
- CA05534B7604
- CUSIP
- 05534B760
- Sector
- Communication Services
- Industry
- Telecom Services
- IPO Date
- Nov 15, 1982
Highlights
- Market Cap
- $21.12B
- Enterprise Value
- $54.44B
- EPS (TTM)
- CA$6.75
- PE Ratio
- 4.76
- PEG Ratio
- 0.01
- Total Revenue (TTM)
- CA$24.70B
- Gross Profit (TTM)
- CA$8.56B
- EBITDA (TTM)
- CA$15.98B
- Year Range
- $21.58 - $26.52
- Target Price
- $26.00
- ROA (TTM)
- 7.70%
- ROE (TTM)
- 26.83%
Share Price Chart
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Performance
BCE Performance Chart
BCE Inc. (BCE) is down 2.5% since the beginning of the year. At $23 per share, BCE is trading 14.6% below its 52-week high of $27. Investors who bought $1,000 worth of BCE shares 5 years ago would now be looking at an investment worth $643.
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Returns By Period
BCE Inc. (BCE) has returned -2.47% so far this year and 9.86% over the past 12 months. Over the last ten years, BCE has returned -1.06% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
BCE Inc.
- 1D
- -2.71%
- 1M
- -6.74%
- YTD
- -2.47%
- 6M
- 2.21%
- 1Y
- 9.86%
- 3Y*
- -14.08%
- 5Y*
- -8.44%
- 10Y*
- -1.06%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
BCE Monthly Returns History
Based on dividend-adjusted daily data since Nov 15, 1982, BCE's average daily return is +0.05%, while the average monthly return is +1.03%. At this rate, an investment would double in approximately 5.6 years.
Historically, 58% of months were positive and 42% were negative. The best month was Dec 1999 with a return of +34.0%, while the worst month was Nov 2008 at -31.8%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.
On a daily basis, BCE closed higher 48% of trading days. The best single day was Apr 24, 2002 with a return of +20.1%, while the worst single day was Nov 26, 2008 at -34.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.56% | 1.74% | -2.85% | -5.78% | 5.59% | -8.63% | -2.47% | ||||||
| 2025 | 2.63% | -2.82% | 2.32% | -3.09% | -2.02% | 3.14% | 5.23% | 6.99% | -5.07% | -2.27% | 2.84% | 2.68% | 10.25% |
| 2024 | 2.46% | -8.03% | -6.51% | -3.33% | 4.14% | -3.31% | 4.20% | 3.77% | 1.53% | -7.30% | -16.21% | -11.84% | -35.53% |
| 2023 | 7.62% | -6.45% | 2.88% | 7.32% | -6.18% | 2.69% | -5.20% | -2.01% | -8.28% | -2.72% | 6.09% | 1.77% | -4.16% |
| 2022 | 0.42% | 0.52% | 6.97% | -4.13% | 2.41% | -8.40% | 2.75% | -4.61% | -11.69% | 7.53% | 5.63% | -6.38% | -10.62% |
| 2021 | -0.93% | 0.85% | 7.19% | 4.67% | 5.23% | 0.62% | 1.20% | 4.43% | -2.67% | 2.82% | -2.14% | 4.71% | 28.62% |
Benchmark Metrics
BCE Inc. has an annualized alpha of 7.23%, beta of 0.54, and R2 of 0.19 versus S&P 500 Index. Calculated based on daily prices since November 15, 1982.
- This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (69.61%) than losses (56.71%) - typical of diversified or defensive assets.
- Beta of 0.54 may look defensive, but with R2 of 0.19 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
- R2 of 0.19 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 7.23%
- Beta
- 0.54
- R²
- 0.19
- Upside Capture
- 69.61%
- Downside Capture
- 56.71%
Return for Risk
Risk / Return Rank
BCE ranks 56 for risk / return — on par with similar stocks. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for BCE Inc. (BCE) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BCE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.50 | ||
| Sortino ratioReturn per unit of downside risk | -1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.37 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.81 | 2.78 | -1.98 |
| Martin ratioReturn relative to average drawdown | 1.60 | 12.44 | -10.84 |
Dividends
Dividend History
BCE Inc. provided a 5.55% dividend yield over the last twelve months, with an annual payout of $1.26 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.26 | $1.66 | $2.89 | $2.87 | $2.81 | $2.79 | $2.49 | $2.39 | $2.31 | $2.23 | $2.23 | $2.32 |
Dividend yield | 5.55% | 6.98% | 12.47% | 7.29% | 6.39% | 5.37% | 5.82% | 5.16% | 5.84% | 4.63% | 5.15% | 6.00% |
Monthly Dividends
The table displays the monthly dividend distributions for BCE Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.31 | $0.63 | ||||||
| 2025 | $0.00 | $0.00 | $0.72 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.32 | $1.66 |
| 2024 | $0.00 | $0.00 | $0.74 | $0.00 | $0.00 | $0.73 | $0.00 | $0.00 | $0.73 | $0.00 | $0.00 | $0.70 | $2.89 |
| 2023 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.73 | $0.00 | $0.00 | $0.72 | $0.00 | $0.00 | $0.72 | $2.87 |
| 2022 | $0.00 | $0.00 | $0.72 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $0.68 | $2.81 |
| 2021 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $0.72 | $0.00 | $0.00 | $0.69 | $0.00 | $0.00 | $0.68 | $2.79 |
Dividend Yield & Payout
Dividend Yield
BCE Inc. has a dividend yield of 5.55%, which means its dividend payment is significantly above the market average.
Payout Ratio
BCE Inc. has a payout ratio of 31.53%, which is quite average when compared to the overall market. This suggests that BCE Inc. strikes a balance between reinvesting profits for growth and paying dividends to shareholders.
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the BCE Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BCE Inc. was 60.67%, occurring on Dec 12, 2008. Recovery took 592 trading sessions.
The current BCE Inc. drawdown is 48.32%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -60.67%Dec 2008 | 1y 1mo | 2y 4mo | 3y 5moNov 2007 - Apr 2011 |
2025 selloff2025 | -55.42%Apr 2025 | 2y 11mo | — | 4y 2moApr 2022 - now |
Dot-com crash2000–2002 | -51.61%Apr 2002 | 2y 26d | 3y 4mo | 5y 5moMar 2000 - Aug 2005 |
1998 bear market1998 | -43.56%Oct 1998 | 3mo 27d | 5mo 20d | 9mo 17dJun 1998 - Mar 1999 |
COVID crash2020 | -33.94%Mar 2020 | 1mo 2d | 12mo 4d | 1y 1moFeb 2020 - Mar 2021 |
Drawdown Indicators
| BCE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.67% | -56.78% | -3.89% |
Max Drawdown (1Y)Largest decline over 1 year | -12.27% | -9.10% | -3.17% |
Max Drawdown (3Y)Largest decline over 3 years | -46.88% | -18.90% | -27.98% |
Max Drawdown (5Y)Largest decline over 5 years | -55.42% | -25.43% | -29.99% |
Max Drawdown (10Y)Largest decline over 10 years | -55.42% | -33.92% | -21.50% |
Current DrawdownCurrent decline from peak | -48.32% | -1.80% | -46.52% |
Average DrawdownAverage peak-to-trough decline | -12.86% | -10.71% | -2.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.17% | 2.03% | +4.14% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of BCE Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how BCE Inc. is priced in the market compared to other companies in the Telecom Services industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for BCE, comparing it with other companies in the Telecom Services industry. Currently, BCE has a P/E ratio of 4.8. This P/E ratio is considered low compared to industry peers, which may suggest that the stock is undervalued or that the company has weaker growth prospects.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for BCE compared to other companies in the Telecom Services industry. BCE currently has a PEG ratio of 0.0. This PEG ratio is low compared to industry peers, which could indicate the stock is undervalued relative to its expected growth.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for BCE relative to other companies in the Telecom Services industry. Currently, BCE has a P/S ratio of 1.2. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for BCE in comparison with other companies in the Telecom Services industry. Currently, BCE has a P/B value of 1.5. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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