National Bank of Canada (TSX:NA) Price-to-Tangible-Book : 2.13 (As of Jul. 20, 2025)

National Bank of Canada Price-to-Tangible-Book Chart

National Bank of Canada Annual Data
	Trend	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23	Oct24
Price-to-Tangible-Book		Get a 7-Day Free Trial					2.03	2.43	1.81	1.52	2.14

National Bank of Canada Quarterly Data
	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.89	1.89	2.14	2.00	1.80

Competitive Comparison of National Bank of Canada's Price-to-Tangible-Book

For the Banks - Diversified subindustry, National Bank of Canada's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, National Bank of Canada's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where National Bank of Canada's Price-to-Tangible-Book falls into.

National Bank of Canada Price-to-Tangible-Book Calculation

National Bank of Canada's price-to-tangible-book ratio for today is calculated as:

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

National Bank of Canada Price-to-Tangible-Book Related Terms

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National Bank of Canada Business Description