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

Bank of Nova Scotia P/E 2024

Bank of Nova Scotia P/E

9.49

Ticker

BNS.TO

ISIN

CA0641491075

WKN

850388

As of Dec 19, 2024, Bank of Nova Scotia's P/E ratio was 9.49, a -15.94% change from the 11.29 P/E ratio recorded in the previous year.

The Bank of Nova Scotia P/E 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/E Details

Deciphering Bank of Nova Scotia's P/E Ratio

The Price to Earnings (P/E) Ratio of Bank of Nova Scotia is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Bank of Nova Scotia's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Bank of Nova Scotia is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Bank of Nova Scotia’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

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 9.49.

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 -15.94% 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 5.76 CAD . This corresponds to a dividend yield of about 7.47 %. For the coming 12 months, Bank of Nova Scotia is expected to pay a dividend of 6.15 CAD.

What is the dividend yield of Bank of Nova Scotia?

The current dividend yield of Bank of Nova Scotia is 7.47 %.

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 23 years.

What is the dividend of Bank of Nova Scotia?

For the upcoming 12 months, dividends amounting to 6.15 CAD are expected. This corresponds to a dividend yield of 7.97 %.

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 3.06 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.