Valuation National Bank of Canada

Stocks

Market Closed - Toronto S.E. Other stock markets 16:00:00 2026-07-17 EDT			5-day change	1st Jan Change
234.06 ^CAD	-0.12%		+1.80%	+35.60%

07-15	Bank of Canada Seen Holding Steady This Year as It Signals No Urgency to Move, Economists Say	MT
07-13	Canada regulator cited Anthropic's Claude Mythos in warning to banks on cyber risks, email shows	RE

Data adjusted to current consolidation scope

Fiscal Period: October	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	34,608	31,221	29,165	45,223	61,262	89,998	-	-
Change	-	-9.79%	-6.59%	55.06%	35.46%	46.91%	-	-
Enterprise Value (EV)	34,608	31,221	29,165	45,223	61,262	89,998	89,998	89,998
Change	-	-9.79%	-6.59%	55.06%	35.46%	46.91%	0%	0%
P/E	11.4x	9.65x	9.19x	12.4x	15.6x	18.4x	16.9x	15.3x
PBR	2.14x	1.68x	1.42x	2.02x	2x	2.84x	2.64x	-
PEG	-	1.33x	-3.84x	0.9x	-2.73x	0.7x	1.88x	1.5x
Capitalization / Revenue	3.8x	3.14x	2.74x	3.89x	4.37x	5.77x	5.51x	5.3x
EV / Revenue	0x	0x	0x	0x	0x	5.77x	5.51x	5.3x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	12.6x	11.8x	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	2.84	3.58	3.98	4.32	4.64	5.129	5.543	5.86
Rate of return	2.77%	3.86%	4.62%	3.25%	2.96%	2.19%	2.37%	2.5%
EPS ²	8.96	9.61	9.38	10.68	10.07	12.7	13.84	15.26
Distribution rate	31.7%	37.3%	42.4%	40.4%	46.1%	40.4%	40.1%	38.4%
Net sales ¹	9,116	9,934	10,658	11,628	14,027	15,589	16,347	16,983
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	4,074	4,704	5,018	5,592	6,852	7,139	7,643	-
Net income ¹	3,177	3,383	3,335	3,816	4,017	5,015	5,260	5,599
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	102.46	92.76	86.22	132.80	156.70	234.06	234.06	234.06
Nbr of stocks (in thousands)	337,773	336,580	338,258	340,537	390,948	384,508	-	-
Announcement Date	12/1/21	11/30/22	12/1/23	12/4/24	12/3/25	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
NATIONAL BANK OF CANADA	18.43x	-	-	2.19%	64.24B
JPMORGAN CHASE & CO.	13.57x	-	-	1.85%	907B
BANK OF AMERICA CORPORATION	13.12x	-	-	1.94%	430B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	5.8x	-	-	5.35%	378B
HSBC HOLDINGS PLC	12.39x	-	-	4.17%	344B
ROYAL BANK OF CANADA	19.02x	-	-	2.24%	300B
CHINA CONSTRUCTION BANK CORPORATION	5.44x	-	-	5.61%	286B
WELLS FARGO & COMPANY	12.1x	-	-	2.18%	265B
BANK OF CHINA LIMITED	5.81x	-	-	5.39%	264B
MITSUBISHI UFJ FINANCIAL GROUP, INC.	14.14x	-	-	2.8%	241B
Average	11.98x			3.37%	347.82B
Weighted average by Cap.	11.78x			3.18%