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National Bank of Canada (NTIOF, Large banks) Stock Valuation & Fair Value

Significantly overvalued

National Bank of Canada (NTIOF, Large banks) trades at a current P/E of 16.2, about 51% above its historical normal valuation, with a forward growth estimate of 9.2% and a PEG of 1.77. Analysts' one-year estimates have been hit 82% of the time. Priced at its historical normal P/E of 10.7 on the same blended earnings, the 2026-11-06 close of $153.28 corresponds to about $101 a share. This is a valuation reference, not a price target. The $153.28 close is the one the P/E is read at; the technical context below uses the 2026-11-06 close, $152.10.

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

DATA AS OF 2026-11-07
Current P/E
16.2
Normal P/E
10.7
PEG
1.77
Fwd growth
9.2%
Div yield
2.5%
RSI (14)
55.9
Neutral
Technical context
  • Price $152.10 at the Nov 6 close, 2.8% above the 20-day average ($147.90) and 2.7% above the 50-day ($148.11).
  • RSI (14) at 55.9.
  • 52-week range $109.88 to $166.25: the price is 8.5% below the high and 38.4% above the low.

Valuation flags

Verdict history

tickerseer's rating has been significantly overvalued since 2026-09-19.

Current P/E and rating by weekCurrent P/E moved from 16.4 to 16.1 between 2026-09-18 and 2026-10-30, against a normal P/E of 10.7, with 0 rating changes over 7 recorded weeks.2026-09-18: P/E 16.4, Significantly overvalued, recalculated for the week of 2026-09-192026-09-18: P/E 16.4, Significantly overvalued, recorded live 2026-09-212026-09-25: P/E 16.2, Significantly overvalued, recalculated for the week of 2026-09-262026-09-25: P/E 16.2, Significantly overvalued, recorded live 2026-09-282026-10-02: P/E 15.4, Significantly overvalued, recalculated for the week of 2026-10-032026-10-02: P/E 15.4, Significantly overvalued, recorded live 2026-10-052026-10-09: P/E 15.1, Significantly overvalued, recalculated for the week of 2026-10-102026-10-09: P/E 15.1, Significantly overvalued, recorded live 2026-10-122026-10-16: P/E 15.6, Significantly overvalued, recalculated for the week of 2026-10-172026-10-16: P/E 15.6, Significantly overvalued, recorded live 2026-10-192026-10-23: P/E 15.8, Significantly overvalued, recalculated for the week of 2026-10-242026-10-23: P/E 15.8, Significantly overvalued, recorded live 2026-10-262026-10-30: P/E 16.1, Significantly overvalued, recalculated for the week of 2026-10-312026-10-30: P/E 16.1, Significantly overvalued, recorded live 2026-11-0212.014.016.0Sep 18Sep 28Oct 9Oct 20Oct 30Normal P/E 10.7
Significantly overvalued

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 16.4+53%Significantly overvalued (recalculated)
2026-10-10P/E 15.1+41%Significantly overvalued (recalculated)
2026-11-02P/E 16.1+50%Significantly overvalued ← now
Show all 14 readings
WeekCurrent P/EPremium to normal P/ERating
2026-09-19P/E 16.4+53%Significantly overvalued (recalculated)
2026-09-21P/E 16.4+53%Significantly overvalued
2026-09-26P/E 16.2+52%Significantly overvalued (recalculated)
2026-09-28P/E 16.2+52%Significantly overvalued
2026-10-03P/E 15.4+44%Significantly overvalued (recalculated)
2026-10-05P/E 15.4+44%Significantly overvalued
2026-10-10P/E 15.1+41%Significantly overvalued (recalculated)
2026-10-12P/E 15.1+41%Significantly overvalued
2026-10-17P/E 15.6+46%Significantly overvalued (recalculated)
2026-10-19P/E 15.6+46%Significantly overvalued
2026-10-24P/E 15.8+48%Significantly overvalued (recalculated)
2026-10-26P/E 15.8+48%Significantly overvalued
2026-10-31P/E 16.1+50%Significantly overvalued (recalculated)
2026-11-02P/E 16.1+50%Significantly overvalued ← now

Frequently asked questions

Is National Bank of Canada stock overvalued?

At a current P/E of 16.2 versus its historical normal P/E of 10.7, National Bank of Canada trades about 51% above its typical valuation, with a PEG of 1.77 on 9.2% forward growth. tickerseer currently rates it significantly overvalued.

What is National Bank of Canada's fair value and PEG?

National Bank of Canada trades at a current P/E of 16.2 against a historical normal P/E of 10.7, a PEG of 1.77, and a forward growth estimate of 9.2%. Priced at its historical normal P/E of 10.7 on the same blended earnings, the 2026-11-06 close of $153.28 corresponds to about $101 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of National Bank of Canada changed?

tickerseer's rating has been significantly overvalued since 2026-09-19.

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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