P/E ratio for Scotiabank (BNS)
P/E ratio as of July 2025 (TTM): 14.3
According to Scotiabank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.2552. At the end of 2022 the company had a P/E ratio of 7.89.
P/E ratio history for Scotiabank from 2002 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.89 | -31.76% |
| 2021 | 11.6 | -13.52% |
| 2020 | 13.4 | 20.42% |
| 2019 | 11.1 | 19.94% |
| 2018 | 9.25 | -27.75% |
| 2017 | 12.8 | 0.82% |
| 2016 | 12.7 | 41.13% |
| 2015 | 9.00 | -18.67% |
| 2014 | 11.1 | -10.61% |
| 2013 | 12.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bank of Montreal
BMO | 15.6 | 9.20% | 🇨🇦 Canada |
 Royal Bank Of Canada RY | 14.9 | 4.21% | 🇨🇦 Canada |
 Toronto Dominion Bank TD | 11.4 | -20.13% | 🇨🇦 Canada |
 CIBC CM | 12.8 | -9.89% | 🇨🇦 Canada |
 HSBC HSBC | 8.01 | -43.78% | 🇬🇧 UK |
 Banco Santander México BSMX | 4.96 | -65.18% | 🇲🇽 Mexico |
 Grupo Cibest (Bancolombia) CIB | 7.16 | -49.74% | 🇨🇴 Colombia |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.