Bank of Nova ScotiaBNS +0.59%70 PEG Ratio is 4.13 as of Jul. 01, 2026, which is 72% above its 10-year median of 2.40. GuruFocus rates BNS with a GF Score™ of 70/100 and a GF Value™ of $60.71 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,229 Banks companies, Bank of Nova Scotia ranks worse than 81.53% on this metric.
PE Ratio without NRI / 5-Year Book Value Growth Rate*
* The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Bank of Nova Scotia's PEG Ratio or its related term are showing as below:
BNS'
s PEG Ratio Range Over the Past 10 Years
Min: 0.87 Med: 2.4 Max: 4.99
Current: 4.13
During the past 13 years, Bank of Nova Scotia's highest PEG Ratio was 4.99. The lowest was 0.87. And the median was 2.40.
BNS's PEG Ratio is ranked worse than 81.53% of 1229
companies
in the Banks industry
Industry Median: 1.52
vs BNS: 4.13
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Bank of Nova Scotia (NYSE:BNS) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
Bank of Nova Scotia PEG Ratio Related Terms
Bank of Nova Scotia PEG Ratio Historical Data
* Premium members only.
The historical data trend for Bank of Nova Scotia's PEG 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.
For the Banks - Diversified subindustry, Bank of Nova Scotia's PEG Ratio, along with its competitors' market caps and PEG 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 PEG Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Bank of Nova Scotia's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Bank of Nova Scotia's PEG Ratio falls into.
* 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.
* Note: The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Bank of Nova Scotia (BNS) has a PEG Ratio of 4.13 as of Jul. 01, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Bank of Nova Scotia and its competitors. This is 72% above median its historical median of 2.40. Over the past decade, Bank of Nova Scotia's PEG Ratio has ranged from 0.87 to 4.99. According to the industry distribution chart, Bank of Nova Scotia ranks #1002 out of 1229 companies in the Banks industry, placing it in the top 81.5%.
Is Bank of Nova Scotia's PEG Ratio too high?
Bank of Nova Scotia's current PEG Ratio of 4.13 is 72% above median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 4.99. The Banks industry median PEG Ratio is 1.52. Bank of Nova Scotia's value of 4.13 is 171.7% above this industry median. Based on the distribution chart, Bank of Nova Scotia ranks #1002 out of 1229 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Bank of Nova Scotia has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Nova Scotia's PEG Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Bank of Nova Scotia ranks #1002 out of 1229 companies for PEG Ratio. This places Bank of Nova Scotia in the lower half of its industry. The industry median PEG Ratio is 1.52. Bank of Nova Scotia's value of 4.13 is 171.7% above this benchmark. Historically, Bank of Nova Scotia's own PEG Ratio has ranged from 0.87 to 4.99 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 1.52, Bank of Nova Scotia has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Banks company?
The median PEG Ratio among Banks companies is 1.52, based on 1,229 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bank of Nova Scotia's current PEG Ratio of 4.13 is 171.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Bank of Nova Scotia and its competitors. For the Banks industry, the median PEG Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Nova Scotia's current PEG Ratio is 4.13, which is 72% above median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Nova Scotia stock overvalued right now?
Based on GuruFocus' analysis, Bank of Nova Scotia (BNS) is currently considered Significantly Overvalued. The stock's GF Value™ is $60.71, compared to a current price of $87.35 — trading 43.9% above its estimated fair value. The current PEG Ratio is 4.13, which is 72% above median its 10-year median of 2.40 and 171.7% above the Banks industry median of 1.52. Bank of Nova Scotia's overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Bank of Nova Scotia (BNS), the current PEG Ratio is 4.13 as of Jul. 01, 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 Bank of Nova Scotia (BNS) Overvalued in 2026?
Based on GuruFocus' analysis, Bank of Nova Scotia stock appears to be overvalued.
The current stock price of $87.35 is trading 43.9% above its estimated GF Value™ of $60.71.
GuruFocus considers Bank of Nova Scotia to be Significantly Overvalued.
Key valuation signals for BNS:
PEG Ratio: 4.13 (72% above median its 10-year median of 2.40)
GF Value™: $60.71 vs. price of $87.35 (43.9% above fair value)
Industry Position: 171.7% above the Banks median (#1002 of 1229)
No single metric tells the full story. See the BNS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank of Nova Scotia is a global financial-services provider with over CAD 1.5 trillion in assets as of the end of April 2026. It 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 Latin America.
70GF Score
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