Blackbaud price to book ratio BLKB
Market value divided by the book value of the company's net assets, since 2010.
- Today, Oct 23, 2026
- 37.6×
- 10-year median
- 9.4×
- Against its 10-year history
- 95th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 3.2× to 96.2×
- Peer median
- 3.6×
Blackbaud's price to book ratio is 37.6× as of Oct 23, 2026.
That is above its ten-year median of 9.4×, higher than on 95% of days in the last ten years.
Over that time it ranged from 3.2× in Sep 2022 to 96.2× in Jul 2025.
The median for 10 infrastructure software stocks of a similar size is 3.6×.
Price to book ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 37.6× | 18.5× | 49.9× |
| 2025 | 28.4× | 6.4× | 96.2× |
| 2024 | 7.0× | 4.5× | 8.1× |
| 2023 | 5.8× | 3.9× | 5.8× |
| 2022 | 4.3× | 3.2× | 8.7× |
| 2021 | 9.6× | 7.0× | 10.2× |
| 2020 | 6.5× | 5.6× | 10.5× |
| 2019 | 10.1× | 8.4× | 12.4× |
| 2018 | 8.4× | 8.0× | 17.4× |
| 2017 | 16.4× | 13.4× | 18.8× |
| 2016 | 13.1× | 12.0× | 15.7× |
| 2015 | 15.1× | 10.6× | 15.3× |
| 2014 | 11.3× | 8.6× | 11.9× |
| 2013 | 11.0× | 7.2× | 12.3× |
| 2012 | 7.1× | 6.6× | 10.7× |
| 2011 | 8.5× | 7.2× | 10.2× |
| 2010 | 9.9× | 8.8× | 10.8× |
Against its peers
Companies in Software - Infrastructure nearest Blackbaud's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| BLKBBlackbaud | 37.6× |
| NCNOnCino | 2.6× |
| NTCTNetscout Systems | 1.7× |
| BLBlackline | 6.4× |
| ALRMAlarm.com | 3.6× |
| KDKyndryl | 3.0× |
| MQMarqeta | 2.7× |
| SPSCSPS Commerce | 3.6× |
| AGYSAgilysys | 10.1× |
| AVPTAvePoint | 8.0× |
| PDFSPDF Solutions | 4.5× |
| Peer median | 3.6× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on Blackbaud
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.