Bank Historical Financial Ratios

BNS Stock

CAD 69.68 0.48 0.69%

Bank of Nova Scotia is presently reporting on over 94 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0342, PTB Ratio of 1.83 or Days Sales Outstanding of 126 will help investors to properly organize and evaluate Bank of Nova Scotia financial condition quickly.

Quick Ratio Current Ratio

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Nova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Bank Financial Ratios Analysis

Bank of Nova ScotiaFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Bank of Nova Scotia investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Bank financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Bank of Nova Scotia history.

Bank of Nova Scotia Financial Ratios Chart

At this time, Bank of Nova Scotia's PB Ratio is very stable compared to the past year. As of the 26th of March 2025, EV To Sales is likely to grow to 9.14, while Dividend Yield is likely to drop 0.03.

Price To Sales Ratio Ptb Ratio Days Sales Outstanding

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Price To Sales Ratio

Price to Sales Ratio is figured by comparing Bank of Nova Scotia stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Bank of Nova Scotia sales, a figure that is much harder to manipulate than other Bank of Nova multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most ratios from Bank of Nova Scotia's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Bank of Nova Scotia current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Nova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2022	2023	2024	2025 (projected)
Dividend Yield	0.0807	0.0643	0.0579	0.0342
Price To Sales Ratio	2.11	2.62	2.36	2.38

Dividend Yield Price To Sales Ratio

Bank of Nova Scotia fundamentals Correlations

	Price To Sales Ratio	Dividend Yield	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Average Payables	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Net Income Per Share	Payables Turnover	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Payout Ratio	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Income Quality	Roe	Ev To Operating Cash Flow
Price To Sales Ratio		-0.66	0.75	-0.85	0.03	-0.44	-0.36	-0.64	0.3	0.75	-0.24	-0.43	0.1	0.51	0.27	0.27	0.14	0.11	0.7	-0.37	-0.08	-0.04	0.27	-0.39	0.55	-0.11
Dividend Yield	-0.66		-0.93	0.66	0.32	0.62	0.54	-0.09	-0.27	-0.93	0.38	0.59	-0.32	0.14	0.27	-0.25	0.53	-0.27	-0.55	0.83	-0.17	-0.25	0.25	0.54	-0.81	0.17
Ptb Ratio	0.75	-0.93		-0.69	-0.11	-0.48	-0.39	-0.1	0.23	1.0	-0.2	-0.44	0.06	0.0	-0.35	0.21	-0.35	0.27	0.48	-0.7	0.0	0.09	-0.33	-0.41	0.81	0.03
Days Sales Outstanding	-0.85	0.66	-0.69		0.08	0.17	0.13	0.53	-0.26	-0.69	0.56	0.19	-0.23	-0.29	-0.24	-0.23	0.0	-0.13	-0.66	0.39	0.05	0.0	-0.26	0.12	-0.46	0.27
Book Value Per Share	0.03	0.32	-0.11	0.08		0.26	0.29	-0.48	-0.13	-0.11	0.74	0.29	-0.8	0.65	-0.29	-0.11	0.66	-0.47	-0.48	0.52	-0.53	-0.68	-0.29	0.23	-0.34	0.46
Free Cash Flow Yield	-0.44	0.62	-0.48	0.17	0.26		0.97	-0.14	-0.17	-0.48	0.0	0.99	-0.31	-0.04	0.0	-0.15	0.4	-0.02	-0.32	0.55	-0.22	-0.19	0.0	0.98	-0.5	0.26
Operating Cash Flow Per Share	-0.36	0.54	-0.39	0.13	0.29	0.97		-0.15	0.04	-0.39	0.01	0.98	-0.27	-0.01	-0.04	0.06	0.41	0.05	-0.27	0.52	-0.06	-0.06	-0.04	0.99	-0.47	0.36
Average Payables	-0.64	-0.09	-0.1	0.53	-0.48	-0.14	-0.15		0.0	-0.1	-0.05	-0.12	0.3	-0.87	-0.51	0.01	-0.77	0.21	-0.34	-0.32	0.47	0.5	-0.5	-0.1	0.02	-0.06
Capex To Depreciation	0.3	-0.27	0.23	-0.26	-0.13	-0.17	0.04	0.0		0.23	-0.21	-0.17	0.3	0.01	0.11	1.0	0.02	0.06	0.26	-0.18	0.82	0.62	0.11	0.02	0.08	-0.1
Pb Ratio	0.75	-0.93	1.0	-0.69	-0.11	-0.48	-0.39	-0.1	0.23		-0.2	-0.44	0.06	0.0	-0.35	0.21	-0.35	0.27	0.48	-0.7	0.0	0.09	-0.33	-0.41	0.81	0.03
Ev To Sales	-0.24	0.38	-0.2	0.56	0.74	0.0	0.01	-0.05	-0.21	-0.2		0.04	-0.7	0.35	-0.42	-0.19	0.39	-0.3	-0.55	0.38	-0.35	-0.44	-0.43	-0.06	-0.24	0.52
Free Cash Flow Per Share	-0.43	0.59	-0.44	0.19	0.29	0.99	0.98	-0.12	-0.17	-0.44	0.04		-0.31	-0.04	-0.06	-0.15	0.39	0.05	-0.32	0.55	-0.22	-0.17	-0.06	0.97	-0.48	0.37
Roic	0.1	-0.32	0.06	-0.23	-0.8	-0.31	-0.27	0.3	0.3	0.06	-0.7	-0.31		-0.34	0.41	0.29	-0.46	0.4	0.66	-0.55	0.6	0.69	0.42	-0.26	0.31	-0.41
Net Income Per Share	0.51	0.14	0.0	-0.29	0.65	-0.04	-0.01	-0.87	0.01	0.0	0.35	-0.04	-0.34		0.37	0.01	0.81	-0.42	0.22	0.26	-0.44	-0.57	0.36	-0.08	-0.02	0.06
Payables Turnover	0.27	0.27	-0.35	-0.24	-0.29	0.0	-0.04	-0.51	0.11	-0.35	-0.42	-0.06	0.41	0.37		0.1	0.37	-0.02	0.49	0.22	0.12	0.11	1.0	-0.02	-0.2	-0.44
Capex To Revenue	0.27	-0.25	0.21	-0.23	-0.11	-0.15	0.06	0.01	1.0	0.21	-0.19	-0.15	0.29	0.01	0.1		0.03	0.04	0.23	-0.16	0.82	0.61	0.1	0.04	0.06	-0.1
Cash Per Share	0.14	0.53	-0.35	0.0	0.66	0.4	0.41	-0.77	0.02	-0.35	0.39	0.39	-0.46	0.81	0.37	0.03		-0.46	-0.04	0.57	-0.37	-0.53	0.35	0.36	-0.33	0.08
Pocfratio	0.11	-0.27	0.27	-0.13	-0.47	-0.02	0.05	0.21	0.06	0.27	-0.3	0.05	0.4	-0.42	-0.02	0.04	-0.46		0.38	-0.22	0.26	0.66	-0.02	0.02	0.19	0.4
Interest Coverage	0.7	-0.55	0.48	-0.66	-0.48	-0.32	-0.27	-0.34	0.26	0.48	-0.55	-0.32	0.66	0.22	0.49	0.23	-0.04	0.38		-0.6	0.18	0.32	0.51	-0.29	0.66	-0.3
Payout Ratio	-0.37	0.83	-0.7	0.39	0.52	0.55	0.52	-0.32	-0.18	-0.7	0.38	0.55	-0.55	0.26	0.22	-0.16	0.57	-0.22	-0.6		-0.26	-0.32	0.19	0.52	-0.91	0.31
Capex To Operating Cash Flow	-0.08	-0.17	0.0	0.05	-0.53	-0.22	-0.06	0.47	0.82	0.0	-0.35	-0.22	0.6	-0.44	0.12	0.82	-0.37	0.26	0.18	-0.26		0.89	0.12	-0.05	0.01	-0.22
Pfcf Ratio	-0.04	-0.25	0.09	0.0	-0.68	-0.19	-0.06	0.5	0.62	0.09	-0.44	-0.17	0.69	-0.57	0.11	0.61	-0.53	0.66	0.32	-0.32	0.89		0.12	-0.06	0.09	-0.04
Days Payables Outstanding	0.27	0.25	-0.33	-0.26	-0.29	0.0	-0.04	-0.5	0.11	-0.33	-0.43	-0.06	0.42	0.36	1.0	0.1	0.35	-0.02	0.51	0.19	0.12	0.12		-0.02	-0.18	-0.46
Income Quality	-0.39	0.54	-0.41	0.12	0.23	0.98	0.99	-0.1	0.02	-0.41	-0.06	0.97	-0.26	-0.08	-0.02	0.04	0.36	0.02	-0.29	0.52	-0.05	-0.06	-0.02		-0.49	0.26
Roe	0.55	-0.81	0.81	-0.46	-0.34	-0.5	-0.47	0.02	0.08	0.81	-0.24	-0.48	0.31	-0.02	-0.2	0.06	-0.33	0.19	0.66	-0.91	0.01	0.09	-0.18	-0.49		-0.15
Ev To Operating Cash Flow	-0.11	0.17	0.03	0.27	0.46	0.26	0.36	-0.06	-0.1	0.03	0.52	0.37	-0.41	0.06	-0.44	-0.1	0.08	0.4	-0.3	0.31	-0.22	-0.04	-0.46	0.26	-0.15

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Bank of Nova Scotia Account Relationship Matchups

Bank of Nova Scotia fundamentals Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Price To Sales Ratio	3.22	2.53	2.11	2.62	2.36	2.38
Dividend Yield	0.0463	0.0648	0.0807	0.0643	0.0579	0.0342
Ptb Ratio	1.41	1.08	0.87	1.07	1.23	1.83
Days Sales Outstanding	107.15	156.81	160.87	142.11	163.43	126.01
Book Value Per Share	60.04	62.34	65.72	68.35	61.52	64.59
Operating Cash Flow Per Share	(10.55)	14.13	26.5	12.73	11.45	12.03
Stock Based Compensation To Revenue	2.26E-4	3.21E-4	0.0132	3.87E-4	3.48E-4	3.31E-4
Capex To Depreciation	0.5	0.31	0.37	0.24	0.32	0.3
Pb Ratio	1.41	1.08	0.87	1.07	1.23	1.83
Ev To Sales	8.37	10.4	9.15	9.67	8.7	9.14
Free Cash Flow Per Share	(10.93)	13.65	26.13	12.33	11.09	11.65
Roic	0.0222	0.0271	0.0616	0.006502	0.007477	0.007103
Net Income Per Share	7.93	8.27	6.19	6.31	5.68	3.41
Capex To Revenue	0.0149	0.0183	0.0139	0.0145	0.0167	0.0159
Cash Per Share	98.89	99.51	117.65	87.94	79.15	40.86
Pocfratio	(7.77)	4.66	2.12	5.63	6.48	6.15
Interest Coverage	0.67	1.56	1.82	0.23	0.2	0.19
Capex To Operating Cash Flow	(0.0361)	0.0337	0.0139	0.0312	0.0359	0.0341
Pfcf Ratio	(7.5)	4.82	2.15	5.82	5.23	5.5
Income Quality	(1.29)	1.67	4.21	1.98	1.78	1.87
Ev To Operating Cash Flow	(20.21)	19.12	9.16	20.76	18.69	19.62
Pe Ratio	10.34	7.96	9.07	11.37	13.07	12.41
Return On Tangible Assets	0.008238	0.007441	0.005317	0.005561	0.006395	0.008644
Ev To Free Cash Flow	(19.51)	19.78	9.29	21.43	19.29	20.25
Earnings Yield	0.0967	0.13	0.11	0.088	0.0792	0.0726
Intangibles To Total Assets	0.014	0.0125	0.0122	0.0119	0.0107	0.006772
Net Debt To E B I T D A	(2.33)	(7.12)	11.38	17.26	15.53	16.31
Current Ratio	1.91	1.39	0.93	0.24	0.27	0.26
Tangible Book Value Per Share	46.37	48.3	51.36	54.65	49.19	51.65
Receivables Turnover	3.41	2.33	2.27	2.57	2.31	2.78
Graham Number	101.99	106.6	94.61	97.49	87.74	92.12
Shareholders Equity Per Share	58.32	61.07	64.27	66.97	60.27	63.28
Debt To Equity	3.47	4.25	4.08	3.65	3.29	3.45
Graham Net Net	(971.41)	(1.1K)	(986.46)	(983.72)	(1.1K)	(1.1K)

Pair Trading with Bank of Nova Scotia

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of Nova Scotia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of Nova Scotia will appreciate offsetting losses from the drop in the long position's value.

Moving against Bank Stock

0.78	FFH-PH	Fairfax Financial	Pair Corr
0.53	SEC	Senvest Capital Earnings Call Today	Pair Corr

The ability to find closely correlated positions to Bank of Nova Scotia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Nova Scotia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of Nova Scotia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of Nova to buy it.

The correlation of Bank of Nova Scotia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of Nova Scotia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Nova Scotia moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Bank of Nova Scotia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Bank of Nova Scotia is a strong investment it is important to analyze Bank of Nova Scotia's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bank of Nova Scotia's future performance. For an informed investment choice regarding Bank Stock, refer to the following important reports:

How To Invest In Bank

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Is Bank Stock a good investment?

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What is Bank of Nova Scotia's Net Worth?

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You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Please note, there is a significant difference between Bank of Nova Scotia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Nova Scotia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Nova Scotia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

Bank Historical Financial Ratios

About Bank Financial Ratios Analysis

Bank of Nova Scotia Financial Ratios Chart

Price To Sales Ratio

Ptb Ratio

Bank of Nova Scotia fundamentals Correlations

Bank of Nova Scotia Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bank of Nova Scotia fundamentals Accounts

Pair Trading with Bank of Nova Scotia

Moving against Bank Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Pb Ratio	+ 1.0	Ptb Ratio
Capex To Revenue	+ 1.0	Capex To Depreciation
Days Payables Outstanding	+ 1.0	Payables Turnover
Free Cash Flow Per Share	+ 0.99	Free Cash Flow Yield
Income Quality	+ 0.99	Operating Cash Flow Per Share
Income Quality	+ 0.98	Free Cash Flow Yield

Pb Ratio	- 0.93	Dividend Yield
Ptb Ratio	- 0.93	Dividend Yield
Roe	- 0.91	Payout Ratio
Net Income Per Share	- 0.87	Average Payables
Days Sales Outstanding	- 0.85	Price To Sales Ratio
Roe	- 0.81	Dividend Yield