National Bank of CanadaNTIOF -1.15%73 PEG Ratio is 1.26 as of Jun. 28, 2026, which is 10% above its 10-year median of 1.15. GuruFocus rates NTIOF with a GF Score™ of 73/100 and a GF Value™ of $104.78 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,231 Banks companies, National Bank of Canada ranks better than 55.89% 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 National Bank of Canada's PEG Ratio or its related term are showing as below:
NTIOF'
s PEG Ratio Range Over the Past 10 Years
Min: 0.6 Med: 1.15 Max: 1.58
Current: 1.3
During the past 13 years, National Bank of Canada's highest PEG Ratio was 1.58. The lowest was 0.60. And the median was 1.15.
NTIOF's PEG Ratio is ranked better than 55.89% of 1231
companies
in the Banks industry
Industry Median: 1.52
vs NTIOF: 1.30
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
National Bank of Canada (OTCPK:NTIOF) 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.
* 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, National Bank of Canada'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.
National Bank of Canada PEG Ratio vs Banks Industry
For the Banks industry and Financial Services sector, National Bank of Canada's PEG Ratio distribution charts can be found below:
* The bar in red indicates where National Bank of Canada'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.
National Bank of Canada (NTIOF) has a PEG Ratio of 1.26 as of Jun. 28, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on National Bank of Canada and its competitors. This is 10% above median its historical median of 1.15. Over the past decade, National Bank of Canada's PEG Ratio has ranged from 0.60 to 1.58. According to the industry distribution chart, National Bank of Canada ranks #543 out of 1231 companies in the Banks industry, placing it in the top 44.1%.
Is National Bank of Canada's PEG Ratio too high?
National Bank of Canada's current PEG Ratio of 1.26 is 10% above median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.58. The Banks industry median PEG Ratio is 1.52. National Bank of Canada's value of 1.26 is 17.1% below this industry median. Based on the distribution chart, National Bank of Canada ranks #543 out of 1231 companies in the Banks industry, which is above the industry midpoint. 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 PEG Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, National Bank of Canada ranks #543 out of 1231 companies for PEG Ratio. This puts National Bank of Canada in the upper half of its industry. The industry median PEG Ratio is 1.52. National Bank of Canada's value of 1.26 is 17.1% below this benchmark. Historically, National Bank of Canada's own PEG Ratio has ranged from 0.60 to 1.58 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.52, National Bank of Canada has consistently been below 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 1,231 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. National Bank of Canada's current PEG Ratio of 1.26 is 17.1% below 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 National Bank of Canada 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. National Bank of Canada's current PEG Ratio is 1.26, which is 10% above median its own 10-year median of 1.15. 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 $104.78, compared to a current price of $156.22 — trading 49.1% above its estimated fair value. The current PEG Ratio is 1.26, which is 10% above median its 10-year median of 1.15 and 17.1% below the Banks industry median of 1.52. 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 PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For National Bank of Canada (NTIOF), the current PEG Ratio is 1.26 as of Jun. 28, 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 $156.22 is trading 49.1% above its estimated GF Value™ of $104.78.
GuruFocus considers National Bank of Canada to be Significantly Overvalued.
Key valuation signals for NTIOF:
PEG Ratio: 1.26 (10% above median its 10-year median of 1.15)
GF Value™: $104.78 vs. price of $156.22 (49.1% above fair value)
Industry Position: 17.1% below the Banks median (#543 of 1231)
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 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
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