RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Bank of Nova Scotia Stock

Bank of Nova Scotia P/S 2024

Bank of Nova Scotia P/S

1.04

Ticker

BNS.TO

ISIN

CA0641491075

WKN

850388

As of Dec 24, 2024, Bank of Nova Scotia's P/S ratio stood at 1.04, a -7.14% change from the 1.12 P/S ratio recorded in the previous year.

The Bank of Nova Scotia P/S history

Bank of Nova Scotia Aktienanalyse

What does Bank of Nova Scotia do?

The Bank of Nova Scotia, also known as Scotiabank, is one of the leading Canadian banks with an impressive history dating back to 1832. It is headquartered in Toronto, Ontario and operates in over 50 countries worldwide. The Bank of Nova Scotia was founded in 1832 as a transfer of assets and payment orders and has since undergone rapid development. One of the important moments in its history was the acquisition of another Canadian bank in the 1880s, which allowed the Bank of Nova Scotia to expand its business into the international market. In the following years, it continued to expand and acquired numerous South American banks. Today, Scotiabank is the third largest Canadian bank, offering a wide range of financial services. The Bank of Nova Scotia has a diverse business model and offers a wide range of financial products and services. Its core business areas include retail banking, commercial banking, and investment banking. In retail banking, Scotiabank offers products and services for individuals and families. This includes checking accounts, savings accounts, as well as credit and debit cards. It also provides mortgages, loans, and investment services such as RRSP and TFSA accounts. The commercial banking segment specializes in the needs of small and medium-sized businesses. Offerings include business accounts, financing solutions, payment processing services, and international trade services. Scotiabank's investment banking segment offers institutional customers a wide range of services, including investment banking, treasury and trading services, foreign exchange and commodity trading, and asset management. These services are offered in the US, Canada, Europe, and Latin America. The Bank of Nova Scotia offers numerous products and services to cater to the diverse needs of customers. These include credit cards, checking and savings accounts, mortgages, loans, investment products, and insurance. Customers also have access to specialized services such as foreign exchange trading, asset management, risk management, and commodity trading. Scotiabank credit cards are highly loved by customers who want to benefit from bonuses on frequent purchases. Customers who travel a lot can enjoy benefits such as lounge access or travel insurance. Bank customers can invest their savings with mortgage products and also save in a TFSA or RRSP account. In conclusion, the Bank of Nova Scotia is one of the leading Canadian banks and offers a wide range of financial products and services to cater to the diverse needs of customers. With a strong focus on retail, commercial, and investment banking, it provides a wealth of solutions to help both individual and institutional investors achieve their financial goals. With a deep historical presence in Canada and significant business activities in Latin America, Europe, and the US, the Bank of Nova Scotia is an institution with global reach. Bank of Nova Scotia ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Bank of Nova Scotia's P/S Ratio

Bank of Nova Scotia's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Bank of Nova Scotia's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Bank of Nova Scotia's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Bank of Nova Scotia’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Bank of Nova Scotia stock

What is the price-to-earnings ratio of Bank of Nova Scotia?

The price-earnings ratio of Bank of Nova Scotia is currently 1.04.

How has the price-earnings ratio of Bank of Nova Scotia changed compared to last year?

The price-to-earnings ratio of Bank of Nova Scotia has increased by -7.14% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Bank of Nova Scotia high compared to other companies?

Yes, the price-to-earnings ratio of Bank of Nova Scotia is high compared to other companies.

How does an increase in the price-earnings ratio of Bank of Nova Scotia affect the company?

An increase in the price-earnings ratio of Bank of Nova Scotia would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Bank of Nova Scotia affect the company?

A decrease in the price-earnings ratio of Bank of Nova Scotia would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Bank of Nova Scotia?

Some factors that influence the price-earnings ratio of Bank of Nova Scotia are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Bank of Nova Scotia pay?

Over the past 12 months, Bank of Nova Scotia paid a dividend of 4.24 CAD . This corresponds to a dividend yield of about 5.5 %. For the coming 12 months, Bank of Nova Scotia is expected to pay a dividend of 4.53 CAD.

What is the dividend yield of Bank of Nova Scotia?

The current dividend yield of Bank of Nova Scotia is 5.5 %.

When does Bank of Nova Scotia pay dividends?

Bank of Nova Scotia pays a quarterly dividend. This is distributed in the months of May, August, November, February.

How secure is the dividend of Bank of Nova Scotia?

Bank of Nova Scotia paid dividends every year for the past 22 years.

What is the dividend of Bank of Nova Scotia?

For the upcoming 12 months, dividends amounting to 4.53 CAD are expected. This corresponds to a dividend yield of 5.88 %.

In which sector is Bank of Nova Scotia located?

Bank of Nova Scotia is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Bank of Nova Scotia kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Bank of Nova Scotia from 10/29/2024 amounting to 1.06 CAD, you needed to have the stock in your portfolio before the ex-date on 10/2/2024.

When did Bank of Nova Scotia pay the last dividend?

The last dividend was paid out on 10/29/2024.

What was the dividend of Bank of Nova Scotia in the year 2023?

In the year 2023, Bank of Nova Scotia distributed 5.76 CAD as dividends.

In which currency does Bank of Nova Scotia pay out the dividend?

The dividends of Bank of Nova Scotia are distributed in CAD.

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Andere Kennzahlen von Bank of Nova Scotia

Our stock analysis for Bank of Nova Scotia Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Bank of Nova Scotia Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.