Is The Bank of Nova Scotia overvalued?

The Bank of Nova Scotia (BNS) looks overvalued — trading about 24% above its fair value.

Overvalued

Price

$91.19

Fair value

$68.91

Current P/E

16.0

Normal P/E

12.1

Market cap

$111.17B

Dividend yield

3.4%

Return on equity

11.4%

Sector

Financial Services

Fair value compares BNS's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 2 Oct 2026.

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