PBH.TO Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	3.67B EUR	4.37B EUR	4.27B EUR	4.54B EUR
Enterprise Value	7.3B EUR	7.99B EUR	8.03B EUR	7.92B EUR
Valuation Multiples
Trailing P/E	105.39x	52.18x	104.65x	119.88x
Forward P/E	9.87x	--	--	--
Price to Sales	0.44x	0.53x	0.55x	0.79x
Price to Book	1.55x	1.85x	1.85x	2.74x
EV/Revenue	0.87x	0.96x	1.03x	1.37x
EV/EBITDA	13.33x	12.93x	13.16x	17.24x
Price to FCF (P/FCF)	--	293.44x	--	--
EV/FCF	--	536.33x	--	--
FCF Yield	-7.35%	0.34%	-3.99%	-2.42%