NTIOF (National Bank of Canada) Book Value per Share: $60.28 (As of Apr. 2026)


NTIOF National Bank of Canada NTIOF
73 GF Score
Price $162.51
GF Value $108.92
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is National Bank of Canada Book Value per Share?

National Bank of Canada NTIOF +2.30% 73 Book Value per Share is $60.28 as of Apr. 2026. GuruFocus rates NTIOF with a GF Score™ of 73/100 and a GF Value™ of $108.92 (Significantly Overvalued). The stock has 7 warning signs investors should review.

National Bank of Canada's book value per share for the quarter that ended in Apr. 2026 was $60.28.

During the past 12 months, National Bank of Canada's average Book Value Per Share Growth Rate was 3.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.10% 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 National Bank of Canada was 17.50% per year. The lowest was 5.00% per year. And the median was 7.80% per year.

National Bank of Canada's current price is $162.51. Its book value per share for the quarter that ended in Apr. 2026 was $60.28. Hence, today's PB Ratio of National Bank of Canada is 2.70.

During the past 13 years, the highest P/B Ratio of National Bank of Canada was 2.82. The lowest was 1.14. And the median was 1.79.

Warning Sign:

National Bank of Canada stock PB Ratio (=2.69) is close to 10-year high of 2.69.


National Bank of Canada  (OTCPK:NTIOF) 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.


National Bank of Canada Book Value per Share Related Terms


National Bank of Canada Book Value per Share Historical Data

* Premium members only.

The historical data trend for National Bank of Canada'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.

National Bank of Canada Book Value per Share Chart

National Bank of Canada Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.53 43.61 47.28 50.99 58.78

National Bank of Canada Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 57.19 59.19 58.78 59.10 60.28

NTIOF vs JPM, BAC, WFC: Book Value per Share Comparison

For the Banks - Diversified subindustry, National Bank of Canada'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.


National Bank of Canada PB Ratio vs Banks Industry

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

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


NTIOF
73GF Score
National Bank of Canada NTIOF
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Bank of Canada Book Value per Share Calculation

National Bank of Canada's Book Value Per Share for the fiscal year that ended in Oct. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(24,141-1,154)/391
=58.78

National Bank of Canada's Book Value Per Share for the quarter that ended in Apr. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(24,418-1,173)/386
=60.28

* 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.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $60.28 mean?
National Bank of Canada (NTIOF) has a Book Value per Share of $60.28 as of Apr. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on National Bank of Canada and its competitors.
Is National Bank of Canada's Book Value per Share too high?
National Bank of Canada's current Book Value per Share is $60.28. Overall, National Bank of Canada has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Canada's Book Value per Share compare to JPM and BAC?
National Bank of Canada's Book Value per Share of $60.28 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Banks company?
A good Book Value per Share depends on the Banks industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on National Bank of Canada and its competitors. National Bank of Canada's current Book Value per Share is $60.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of Canada stock overvalued right now?
Based on GuruFocus' analysis, National Bank of Canada (NTIOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $108.92, compared to a current price of $162.51 — trading 49.2% above its estimated fair value. The current Book Value per Share is $60.28. National Bank of Canada's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For National Bank of Canada (NTIOF), the current Book Value per Share is $60.28 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is National Bank of Canada (NTIOF) Overvalued in 2026?

Based on GuruFocus' analysis, National Bank of Canada stock appears to be overvalued. The current stock price of $162.51 is trading 49.2% above its estimated GF Value™ of $108.92. GuruFocus considers National Bank of Canada to be Significantly Overvalued.

Key valuation signals for NTIOF:

  • Book Value per Share: $60.28
  • GF Value™: $108.92 vs. price of $162.51 (49.2% above fair value)
  • GF Score™: 73/100 with 7 warning signs

No single metric tells the full story. See the NTIOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Bank of Canada Business Description

Address 800, Rue Saint Jacques, Place Banque Nationale, Montreal, QC, CAN, H3C 1A3
National Bank of Canada is the sixth-largest bank in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth management and capital markets services. The bank derives around 45% of its 2025 revenue from the province of Quebec, with additional operations in the rest of Canada and the United States. National Bank of Canada also owns ABA Bank, one of the largest commercial banks in Cambodia.
73GF Score

Get the complete analysis for NTIOF

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$162.51
Price
$108.92
GF Value