![]() This would suggest that Bank of Nova Scotia's shares are less volatile than average (for this exchange). The market (NYSE average) beta is 1, while Bank of Nova Scotia's is 0.9317. volatility (beta: 1.00) Low Highīeta is a measure of a share's volatility in relation to the market. A popular way to gauge a stock's volatility is its "beta". Over the last 12 months, Bank of Nova Scotia's shares have ranged in value from as little as $43.1989 up to $59.8818. Bank of Nova Scotia share price volatility However, indirectly, the new 50% lower share price could have impacted the market appetite for Bank of Nova Scotia shares which in turn could have impacted Bank of Nova Scotia's share price. ![]() This wouldn't directly have changed the overall worth of your Bank of Nova Scotia shares – just the quantity. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. Have Bank of Nova Scotia's shares ever split?īank of Nova Scotia's shares were split on a 2:1 basis on 29 April 2004. The latest dividend was paid out to all shareholders who bought their shares by 5 July 2023 (the "ex-dividend date"). While Bank of Nova Scotia's payout ratio might seem fairly standard, it's worth remembering that Bank of Nova Scotia may be investing much of the rest of its net profits in future growth.īank of Nova Scotia's most recent dividend payout was on 27 July 2023. In Bank of Nova Scotia's case, that would currently equate to about $4.12 per share. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Bank of Nova Scotia shareholders could enjoy a 6.27% return on their shares, in the form of dividend payments. That has enabled analysts to estimate a "forward annual dividend yield" of 6.27% of the current stock value. Recently Bank of Nova Scotia has paid out, on average, around 39.65% of net profits as dividends. TTM: trailing 12 months Bank of Nova Scotia share dividends 40%ĭividend payout ratio: 39.65% of net profits ![]() By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.īank of Nova Scotia financials Revenue TTM The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Bank of Nova Scotia's future profitability. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value. Bank of Nova Scotia's PEG ratioīank of Nova Scotia's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.48. The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued. That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). In other words, Bank of Nova Scotia shares trade at around 10x recent earnings. ![]() All international money transfer servicesīank of Nova Scotia's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. ![]()
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