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Bank of Nova Scotia (Bank of Nova Scotia) Book Value per Share : $42.66 (As of Jan. 2024)


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What is Bank of Nova Scotia Book Value per Share?

Bank of Nova Scotia's book value per share for the quarter that ended in Jan. 2024 was $42.66.

During the past 12 months, Bank of Nova Scotia's average Book Value Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bank of Nova Scotia was 16.80% per year. The lowest was 1.50% per year. And the median was 7.30% per year.

Bank of Nova Scotia's current price is $46.56. Its book value per share for the quarter that ended in Jan. 2024 was $42.66. Hence, today's PB Ratio of Bank of Nova Scotia is 1.09.

During the past 13 years, the highest P/B Ratio of Bank of Nova Scotia was 2.08. The lowest was 0.94. And the median was 1.52.


Bank of Nova Scotia Book Value per Share Historical Data

The historical data trend for Bank of Nova Scotia's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bank of Nova Scotia Book Value per Share Chart

Bank of Nova Scotia Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.68 39.23 42.85 39.95 41.36

Bank of Nova Scotia Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.33 42.76 42.69 41.36 42.66

Competitive Comparison of Bank of Nova Scotia's Book Value per Share

For the Banks - Diversified subindustry, Bank of Nova Scotia's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank of Nova Scotia's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Nova Scotia's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Nova Scotia's PB Ratio falls into.



Bank of Nova Scotia Book Value per Share Calculation

Bank of Nova Scotia's Book Value Per Share for the fiscal year that ended in Oct. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(56,103-5,889)/1,214
=41.36

Bank of Nova Scotia's Book Value Per Share for the quarter that ended in Jan. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(58,672-6,540)/1,222
=42.66

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Bank of Nova Scotia  (NYSE:BNS) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Bank of Nova Scotia Book Value per Share Related Terms

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Bank of Nova Scotia (Bank of Nova Scotia) Business Description

Address
1709 Hollis Street, Scotia Plaza, 8th floor, Halifax, NS, CAN, B3J 1W1
Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank's international operations span numerous countries and are more concentrated in Central and South America.