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Bank of Nova Scotia (LTS:0UKI) Cyclically Adjusted PS Ratio : 2.56 (As of May. 25, 2025)


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What is Bank of Nova Scotia Cyclically Adjusted PS Ratio?

As of today (2025-05-25), Bank of Nova Scotia's current share price is C$71.25. Bank of Nova Scotia's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2025 was C$27.87. Bank of Nova Scotia's Cyclically Adjusted PS Ratio for today is 2.56.

The historical rank and industry rank for Bank of Nova Scotia's Cyclically Adjusted PS Ratio or its related term are showing as below:

LTS:0UKI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.09   Med: 3.53   Max: 4.68
Current: 2.6

During the past years, Bank of Nova Scotia's highest Cyclically Adjusted PS Ratio was 4.68. The lowest was 2.09. And the median was 3.53.

LTS:0UKI's Cyclically Adjusted PS Ratio is ranked better than
52.61% of 1243 companies
in the Banks industry
Industry Median: 2.7 vs LTS:0UKI: 2.60

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Bank of Nova Scotia's adjusted revenue per share data for the three months ended in Jan. 2025 was C$7.407. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is C$27.87 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Nova Scotia Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank of Nova Scotia's Cyclically Adjusted PS Ratio 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.

* Premium members only.

Bank of Nova Scotia Cyclically Adjusted PS Ratio Chart

Bank of Nova Scotia Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 3.49 2.58 2.10 2.60

Bank of Nova Scotia Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Cyclically Adjusted PS Ratio 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 2.35 2.32 2.34 2.60 2.69

Competitive Comparison of Bank of Nova Scotia's Cyclically Adjusted PS Ratio

For the Banks - Diversified subindustry, Bank of Nova Scotia's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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


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Bank of Nova Scotia Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Bank of Nova Scotia's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=71.25/27.87
=2.56

* 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.

Bank of Nova Scotia's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2025 is calculated as:

For example, Bank of Nova Scotia's adjusted Revenue per Share data for the three months ended in Jan. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=7.407/127.4427*127.4427
=7.407

Current CPI (Jan. 2025) = 127.4427.

Bank of Nova Scotia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201504 4.742 99.710 6.061
201507 4.877 100.579 6.180
201510 4.914 100.500 6.231
201601 5.113 100.184 6.504
201604 5.290 101.370 6.651
201607 5.354 101.844 6.700
201610 5.411 102.002 6.761
201701 5.508 102.318 6.861
201704 5.301 103.029 6.557
201707 5.563 103.029 6.881
201710 5.518 103.424 6.799
201801 5.743 104.056 7.034
201804 5.739 105.320 6.944
201807 5.690 106.110 6.834
201810 5.837 105.952 7.021
201901 5.956 105.557 7.191
201904 6.097 107.453 7.231
201907 5.715 108.243 6.729
201910 6.197 107.927 7.318
202001 6.245 108.085 7.363
202004 6.462 107.216 7.681
202007 6.143 108.401 7.222
202010 5.984 108.638 7.020
202101 6.479 109.192 7.562
202104 6.233 110.851 7.166
202107 6.283 112.431 7.122
202110 6.202 113.695 6.952
202201 6.470 114.801 7.182
202204 6.543 118.357 7.045
202207 6.446 120.964 6.791
202210 6.319 121.517 6.627
202301 6.627 121.596 6.946
202304 6.557 123.571 6.762
202307 6.600 124.914 6.734
202310 6.502 125.310 6.613
202401 6.869 125.072 6.999
202404 6.751 126.890 6.780
202407 6.845 128.075 6.811
202410 6.821 127.838 6.800
202501 7.407 127.443 7.407

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Bank of Nova Scotia  (LTS:0UKI) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Bank of Nova Scotia Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Bank of Nova Scotia's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank of Nova Scotia Business Description

Traded in Other Exchanges
Address
1709 Hollis Street, Scotia Plaza, 8th floor, Halifax, NS, CAN, B3J 1W1
Bank of Nova Scotia is a global financial services provider with over CAD 1.4 trillion in assets. The bank has four major business segments: Canadian banking, international banking, global wealth management, and global banking and markets. 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 the Latin America region.

Bank of Nova Scotia Headlines

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