National Bank of Canada Stock

National Bank of Canada P/S 2024

National Bank of Canada P/S

3.36

Ticker

NA.TO

ISIN

CA6330671034

WKN

865227

As of Oct 1, 2024, National Bank of Canada's P/S ratio stood at 3.36, a 141.73% change from the 1.39 P/S ratio recorded in the previous year.

The National Bank of Canada P/S history

National Bank of Canada Aktienanalyse

What does National Bank of Canada do?

The National Bank of Canada is one of the largest and most respected banks in Canada. It was founded in 1859 as the country's first national bank and is headquartered in Montreal. Today, it is the sixth largest banking institution in the country. The history of the National Bank of Canada dates back to the 19th century. It was established to provide financing for major projects such as railway construction and mining. Over the years, however, the bank has evolved into a versatile company with different business areas and products. The business model of the National Bank of Canada is based on providing financial services to individual and business customers. The bank focuses on four main business areas: personal banking, institutional banking, wealth management, and financial markets. In personal banking, the National Bank of Canada offers a variety of products to its customers, including loans, mortgages, credit cards, and checking accounts. The bank has also specialized in niche products such as student loans and health insurance financing. Institutional customers are served by the National Bank of Canada in institutional banking. This includes government agencies, companies, organizations, and non-profit institutions. The bank offers them various services, including lending, trade financing, and treasury services. Wealth management is another important business area for the National Bank of Canada. Here, the bank provides financial services to affluent individual clients and institutional investors. This includes asset management, investment advice, and wealth planning. The final business area of the National Bank of Canada is financial markets. This involves trading financial products such as securities, foreign exchange, and derivatives. The bank is known for its expertise in foreign exchange trading and is one of Canada's largest foreign exchange traders. The National Bank of Canada is proud to offer its customers customized financial solutions. In this regard, the bank has expanded its digital offerings in recent years and improved the use of online banking and mobile services. In summary, the National Bank of Canada is a historic and successful bank with a wide range of financial services. Over the years, the bank has expanded its business model and adapted its services and products to the needs of its customers. National Bank of Canada ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding National Bank of Canada's P/S Ratio

National Bank of Canada'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 National Bank of Canada'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 National Bank of Canada'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 National Bank of Canada’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 National Bank of Canada stock

What is the price-to-earnings ratio of National Bank of Canada?

The price-earnings ratio of National Bank of Canada is currently 3.36.

How has the price-earnings ratio of National Bank of Canada changed compared to last year?

The price-to-earnings ratio of National Bank of Canada has increased by 141.73% increased 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 National Bank of Canada high compared to other companies?

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

How does an increase in the price-earnings ratio of National Bank of Canada affect the company?

An increase in the price-earnings ratio of National Bank of Canada 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 National Bank of Canada affect the company?

A decrease in the price-earnings ratio of National Bank of Canada 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 National Bank of Canada?

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

How much dividend does National Bank of Canada pay?

Over the past 12 months, National Bank of Canada paid a dividend of 4.07 CAD . This corresponds to a dividend yield of about 3.19 %. For the coming 12 months, National Bank of Canada is expected to pay a dividend of 4.45 CAD.

What is the dividend yield of National Bank of Canada?

The current dividend yield of National Bank of Canada is 3.19 %.

When does National Bank of Canada pay dividends?

National Bank of Canada pays a quarterly dividend. This is distributed in the months of May, July, October, October.

How secure is the dividend of National Bank of Canada?

National Bank of Canada paid dividends every year for the past 23 years.

What is the dividend of National Bank of Canada?

For the upcoming 12 months, dividends amounting to 4.45 CAD are expected. This corresponds to a dividend yield of 3.48 %.

In which sector is National Bank of Canada located?

National Bank of Canada is assigned to the 'Finance' sector.

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

To receive the latest dividend of National Bank of Canada from 11/1/2024 amounting to 0.81 CAD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.

When did National Bank of Canada pay the last dividend?

The last dividend was paid out on 11/1/2024.

What was the dividend of National Bank of Canada in the year 2023?

In the year 2023, National Bank of Canada distributed 3.68 CAD as dividends.

In which currency does National Bank of Canada pay out the dividend?

The dividends of National Bank of Canada are distributed in CAD.

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Andere Kennzahlen von National Bank of Canada

Our stock analysis for National Bank of Canada 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 National Bank of Canada Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.