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The Bank of Nova Scotia (BNS, Large banks) Stock Valuation & Fair Value

Trading above its usual valuation

The Bank of Nova Scotia (BNS, Large banks) trades at a current P/E of 14.9, about 28% above its historical normal valuation, with a forward growth estimate of 10.5% and a PEG of 1.41. Analysts' one-year estimates have been hit 64% of the time. Priced at its historical normal P/E of 11.6 on the same blended earnings, the 2026-11-06 close of $91.69 corresponds to about $71.70 a share. This is a valuation reference, not a price target.

How to read these numbers: the PEG ratio and current P/E versus normal P/E.

Current P/E
14.9
Normal P/E
11.6
PEG
1.41
Fwd growth
10.5%
Div yield
3.2%
RSI (14)
47.2
Neutral
Technical context
  • Price $91.69 at the Nov 6 close, 1.1% below the 20-day average ($92.70) and 0.3% below the 50-day ($91.96).
  • RSI (14) at 47.2.
  • 52-week range $64.44 to $96.43: the price is 4.9% below the high and 42.3% above the low.

The Street vs SeerForecast

Wall Street's mean price target for BNS is $92.18 across 3 analysts, 0.5% above the current price. Our SeerForecast read of the same stock, formed without analyst targets: trading above its usual valuation. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been trading above its usual valuation since 2026-09-19.

Current P/E and rating by weekCurrent P/E moved from 15.6 to 15.4 between 2026-09-18 and 2026-10-30, against a normal P/E of 11.6, with 0 rating changes over 7 recorded weeks.2026-09-18: P/E 15.6, Trading above its usual valuation, recalculated for the week of 2026-09-192026-09-18: P/E 15.6, Trading above its usual valuation, recorded live 2026-09-212026-09-25: P/E 15.6, Trading above its usual valuation, recalculated for the week of 2026-09-262026-09-25: P/E 15.6, Trading above its usual valuation, recorded live 2026-09-282026-10-02: P/E 15.3, Trading above its usual valuation, recalculated for the week of 2026-10-032026-10-02: P/E 15.3, Trading above its usual valuation, recorded live 2026-10-052026-10-09: P/E 14.9, Trading above its usual valuation, recalculated for the week of 2026-10-102026-10-09: P/E 14.9, Trading above its usual valuation, recorded live 2026-10-122026-10-16: P/E 15.4, Trading above its usual valuation, recalculated for the week of 2026-10-172026-10-16: P/E 15.4, Trading above its usual valuation, recorded live 2026-10-192026-10-23: P/E 15.4, Trading above its usual valuation, recalculated for the week of 2026-10-242026-10-23: P/E 15.4, Trading above its usual valuation, recorded live 2026-10-262026-10-30: P/E 15.4, Trading above its usual valuation, recalculated for the week of 2026-10-312026-10-30: P/E 15.4, Trading above its usual valuation, recorded live 2026-11-0212.013.014.015.0Sep 18Sep 28Oct 9Oct 20Oct 30Normal P/E 11.6
Trading above its usual valuation

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-09-19P/E 15.6+34%Trading above its usual valuation (recalculated)
2026-10-10P/E 14.9+28%Trading above its usual valuation (recalculated)
2026-11-02P/E 15.4+32%Trading above its usual valuation ← now
Show all 14 readings
WeekCurrent P/EPremium to normal P/ERating
2026-09-19P/E 15.6+34%Trading above its usual valuation (recalculated)
2026-09-21P/E 15.6+34%Trading above its usual valuation
2026-09-26P/E 15.6+34%Trading above its usual valuation (recalculated)
2026-09-28P/E 15.6+34%Trading above its usual valuation
2026-10-03P/E 15.3+31%Trading above its usual valuation (recalculated)
2026-10-05P/E 15.3+31%Trading above its usual valuation
2026-10-10P/E 14.9+28%Trading above its usual valuation (recalculated)
2026-10-12P/E 14.9+28%Trading above its usual valuation
2026-10-17P/E 15.4+32%Trading above its usual valuation (recalculated)
2026-10-19P/E 15.4+32%Trading above its usual valuation
2026-10-24P/E 15.4+33%Trading above its usual valuation (recalculated)
2026-10-26P/E 15.4+33%Trading above its usual valuation
2026-10-31P/E 15.4+32%Trading above its usual valuation (recalculated)
2026-11-02P/E 15.4+32%Trading above its usual valuation ← now

Frequently asked questions

Is The Bank of Nova Scotia stock overvalued?

At a current P/E of 14.9 versus its historical normal P/E of 11.6, The Bank of Nova Scotia trades about 28% above its typical valuation, with a PEG of 1.41 on 10.5% forward growth. tickerseer currently rates it trading above its usual valuation.

What is The Bank of Nova Scotia's fair value and PEG?

The Bank of Nova Scotia trades at a current P/E of 14.9 against a historical normal P/E of 11.6, a PEG of 1.41, and a forward growth estimate of 10.5%. Priced at its historical normal P/E of 11.6 on the same blended earnings, the 2026-11-06 close of $91.69 corresponds to about $71.70 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of The Bank of Nova Scotia changed?

tickerseer's rating has been trading above its usual valuation since 2026-09-19.

What is the analyst price target for The Bank of Nova Scotia?

The mean Wall Street price target for The Bank of Nova Scotia is $92.18 across 3 analysts, 0.5% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Large banks. Create a free account to see the full analysis: the SeerAI score, valuation history, and an AI research note where we have one. Options setups and metric history are part of the paid plans.

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