Companies: 10,795·Total market cap: $144.5T
National Bank of Canada

National Bank of Canada

NA.TOTSXFinancial Services● Active
$204.30
$-0.05(-0.02%)
Market Cap$78.7B
P/E Ratio
52W High$214.78
52W Low$133.41
Overview

National Bank of Canada (NA.TO) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

na.to · pe ratio · data through Oct 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for National Bank of Canada (NA.TO) measures how much investors pay for each dollar of the company's trailing earnings. NA.TO's current PE ratio of 17.13x is calculated by dividing its stock price of $204.30 by its TTM earnings per share of $11.93. +54.2% elevated vs 5Y avg 11.1x

17.13x
P/E Ratio (TTM)+54.2%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-10-31

Forward P/E
15.91x
FY2026 est. EPS $12.84
Based on 10 analysts
EPS (TTM)
$11.93
TTM · diluted EPS
PEG Ratio
2.22
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · National Bank of Canada SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 11.1x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 20 fiscal years · Front-end computed
Average
10.9x
20-yr mean
Median
10.5x
20-yr midpoint
Minimum
8.0x
Lowest year
Maximum
16.1x
Highest year
17.1x ← Now
8.0x
Min
Q1 · 25%10.5x
Median
Q3 · 75%16.1x
Max
Historically Elevated

At 17.13x, NA.TO's current P/E is higher than in 100% of its annual fiscal year readings over the past 20 years — historically elevated.

100th percentileHigher than 20 of 20 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Banks - Diversified · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
National Bank of Canada
National Bank of CanadaYou
NA.TO
$78.7B17.13x+26.7%$11.93
The Bank of Nova Scotia
The Bank of Nova Scotia
BNS.TO
$138.2B14.69x+8.6%$6.26
Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce
CM.TO
$141.8B12.90x-4.6%$9.01
Fairfax Financial Holdings Limited
Fairfax Financial Holdings Limited
FFH.TO
$46.0B8.56x-36.7%$222.49
Great-West Lifeco Inc.
Great-West Lifeco Inc.
GWO.TO
$73.4B15.18x+12.3%$4.46
Intact Financial Corporation
Intact Financial Corporation
IFC.TO
$48.9B15.12x+11.8%$18.89
Manulife Financial Corporation
Manulife Financial Corporation
MFC.TO
$91.0B14.68x+8.6%$3.40
Industry Average
6 peers with valid PE
13.52xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-10-31Latest
FY2025
14.76x$10.61+24.9%
2024-10-31
FY2024
11.82x$11.24+35.5%
2023-10-31
FY2023
8.72x$9.88-5.6%
2022-10-31
FY2022
9.24x$10.04-16.2%
2021-10-31
FY2021
11.02x$9.31+4.9%
2020-10-31
FY2020
10.51x$6.08+4.0%
2019-10-31
FY2019
10.10x$6.73+6.9%
2018-10-31
FY2018
9.45x$6.32-14.0%
2017-10-31
FY2017
11.00x$5.69-19.6%
2016-10-31
FY2016
13.68x$3.50+48.4%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for National Bank of Canada (NA.TO) measures how much investors pay for each dollar of the company's trailing earnings. NA.TO's current PE ratio of 17.13x is calculated by dividing its stock price of $204.30 by its TTM earnings per share of $11.93.

PE Ratio = Stock Price ÷ EPS (TTM)
= $204.30 ÷ $11.93 = 17.13x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

NA.TO pe ratio · 6 questions

NA.TO's current PE ratio is 17.13x as of 2026-06-08, based on a stock price of $204.30 and TTM EPS of $11.93. Data sourced from Financial Modeling Prep via NA.TO's SEC 10-K and 10-Q filings.

NA.TO PE ratioWhat is NA.TO PE ratioCurrent PE ratio of NA.TONA.TO PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · National Bank of Canada SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08