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Bank of Nova Scotia (TSX:BNS) Shiller PE Ratio : 9.52 (As of May. 04, 2025)


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What is Bank of Nova Scotia Shiller PE Ratio?

As of today (2025-05-04), Bank of Nova Scotia's current share price is C$69.61. Bank of Nova Scotia's E10 for the quarter that ended in Jan. 2025 was C$7.31. Bank of Nova Scotia's Shiller PE Ratio for today is 9.52.

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

TSX:BNS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.42   Med: 12.25   Max: 16.36
Current: 9.53

During the past years, Bank of Nova Scotia's highest Shiller PE Ratio was 16.36. The lowest was 7.42. And the median was 12.25.

TSX:BNS's Shiller PE Ratio is ranked better than
64.56% of 1185 companies
in the Banks industry
Industry Median: 11.16 vs TSX:BNS: 9.53

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Bank of Nova Scotia's adjusted earnings per share data for the three months ended in Jan. 2025 was C$0.660. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$7.31 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Nova Scotia Shiller PE Ratio Historical Data

The historical data trend for Bank of Nova Scotia's Shiller PE 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 Shiller PE Ratio Chart

Bank of Nova Scotia Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.02 12.19 9.04 7.56 9.64

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
Shiller PE 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 8.48 8.42 8.63 9.64 10.18

Competitive Comparison of Bank of Nova Scotia's Shiller PE Ratio

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

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

* The bar in red indicates where Bank of Nova Scotia's Shiller PE Ratio falls into.


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Bank of Nova Scotia Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Bank of Nova Scotia's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=69.61/7.31
=9.52

* 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 E10 for the quarter that ended in Jan. 2025 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=0.66/127.4427*127.4427
=0.660

Current CPI (Jan. 2025) = 127.4427.

Bank of Nova Scotia Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201504 1.420 99.710 1.815
201507 1.450 100.579 1.837
201510 1.450 100.500 1.839
201601 1.430 100.184 1.819
201604 1.230 101.370 1.546
201607 1.540 101.844 1.927
201610 1.570 102.002 1.962
201701 1.570 102.318 1.956
201704 1.620 103.029 2.004
201707 1.660 103.029 2.053
201710 1.640 103.424 2.021
201801 1.860 104.056 2.278
201804 1.700 105.320 2.057
201807 1.550 106.110 1.862
201810 1.710 105.952 2.057
201901 1.710 105.557 2.065
201904 1.730 107.453 2.052
201907 1.500 108.243 1.766
201910 1.730 107.927 2.043
202001 1.840 108.085 2.170
202004 1.000 107.216 1.189
202007 1.040 108.401 1.223
202010 1.420 108.638 1.666
202101 1.860 109.192 2.171
202104 1.880 110.851 2.161
202107 1.990 112.431 2.256
202110 1.970 113.695 2.208
202201 2.140 114.801 2.376
202204 2.160 118.357 2.326
202207 2.090 120.964 2.202
202210 1.630 121.517 1.709
202301 1.350 121.596 1.415
202304 1.680 123.571 1.733
202307 1.700 124.914 1.734
202310 0.990 125.310 1.007
202401 1.680 125.072 1.712
202404 1.570 126.890 1.577
202407 1.410 128.075 1.403
202410 1.210 127.838 1.206
202501 0.660 127.443 0.660

Add all the adjusted EPS together and divide 10 will get our E10.

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  (TSX:BNS) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Bank of Nova Scotia Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Bank of Nova Scotia's Shiller PE 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.
Executives
Aaron William Regent Director
Scott Thomson Director, Senior Officer
Sandra Stuart Director
Martin Weeks Senior Officer
Julie Walsh Senior Officer
Glen Bruce Gowland Senior Officer
Lynn Katherine Patterson Director
Philip Thomas Senior Officer
Jacqui Allard Senior Officer
Steven Van Wyk Director
Calin Rovinescu Director
Michael Zerbs Senior Officer
Michael Bennett Medline Director
Nora Anne Aufreiter Director
Brian J Porter Senior Officer