Bank Roic vs Ptb Ratio Analysis

BNS Stock

USD 55.84 0.01 0.02%

Bank of Nova Scotia financial indicator trend analysis is way more than just evaluating Bank of Nova Scotia prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Nova Scotia is a good investment. Please check the relationship between Bank of Nova Scotia Roic and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Nova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Roic vs Ptb Ratio

Roic vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Nova Scotia Roic account and Ptb Ratio. At this time, the significance of the direction appears to have no relationship.

The correlation between Bank of Nova Scotia's Roic and Ptb Ratio is 0.08. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Bank of Nova, assuming nothing else is changed. The correlation between historical values of Bank of Nova Scotia's Roic and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Bank of Nova are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Roic i.e., Bank of Nova Scotia's Roic and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.08

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Bank of Nova Scotia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Nova Scotia current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Nova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Bank of Nova Scotia's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 2.4 B in 2024, despite the fact that Discontinued Operations is likely to grow to (20.8 M).

	2020	2021	2022	2023 (projected)
Gross Profit	30.9B	31.1B	31.8B	33.6B
Total Revenue	30.9B	31.1B	29.3B	33.6B

Gross Profit Total Revenue

Bank of Nova Scotia fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Assets	Other Current Liab	Other Liab	Net Tangible Assets	Long Term Debt
Total Assets		0.78	0.81	0.92	0.82	0.65	0.9	0.11	0.89	0.54	-0.01	0.58	0.68	0.25	0.43	0.48	0.65	1.0	0.75	0.87	0.94	-0.37	-0.25	0.9	0.85	0.36
Short Long Term Debt Total	0.78		0.86	0.7	0.69	0.93	0.75	0.08	0.7	0.76	-0.37	0.38	0.54	0.23	0.32	0.76	0.21	0.78	0.92	0.71	0.79	-0.36	-0.16	0.68	0.68	0.43
Total Current Liabilities	0.81	0.86		0.72	0.64	0.82	0.76	0.04	0.69	0.71	-0.25	0.49	0.43	0.22	0.31	0.71	0.4	0.81	0.81	0.83	0.84	-0.47	-0.26	0.69	0.68	0.35
Total Stockholder Equity	0.92	0.7	0.72		0.59	0.53	0.99	0.48	0.95	0.49	-0.02	0.4	0.56	0.6	0.46	0.47	0.6	0.91	0.6	0.71	0.8	-0.53	0.11	0.79	0.99	0.64
Property Plant And Equipment Net	0.82	0.69	0.64	0.59		0.65	0.6	-0.3	0.67	0.46	-0.02	0.59	0.76	-0.16	0.37	0.38	0.48	0.83	0.83	0.86	0.74	-0.06	-0.47	0.79	0.5	-0.01
Net Debt	0.65	0.93	0.82	0.53	0.65		0.59	-0.05	0.54	0.76	-0.43	0.37	0.34	0.1	0.09	0.78	0.03	0.66	0.94	0.62	0.69	-0.41	-0.22	0.56	0.51	0.32
Retained Earnings	0.9	0.75	0.76	0.99	0.6	0.59		0.5	0.96	0.54	-0.08	0.36	0.58	0.63	0.43	0.53	0.51	0.9	0.65	0.73	0.79	-0.54	0.15	0.77	0.99	0.69
Accounts Payable	0.11	0.08	0.04	0.48	-0.3	-0.05	0.5		0.44	0.08	-0.05	-0.33	-0.05	0.98	0.17	0.15	0.01	0.09	-0.11	-0.11	-0.04	-0.45	0.87	0.04	0.61	0.87
Cash	0.89	0.7	0.69	0.95	0.67	0.54	0.96	0.44		0.5	-0.02	0.29	0.65	0.56	0.42	0.46	0.61	0.89	0.66	0.78	0.76	-0.42	0.12	0.8	0.93	0.57
Non Current Assets Total	0.54	0.76	0.71	0.49	0.46	0.76	0.54	0.08	0.5		-0.75	0.04	0.32	0.21	0.19	0.97	0.18	0.54	0.67	0.5	0.5	-0.44	-0.26	0.27	0.5	0.42
Non Currrent Assets Other	-0.01	-0.37	-0.25	-0.02	-0.02	-0.43	-0.08	-0.05	-0.02	-0.75		0.18	-0.07	-0.09	-0.14	-0.79	0.27	-0.01	-0.28	0.07	0.0	0.25	0.12	0.28	-0.08	-0.29
Other Assets	0.58	0.38	0.49	0.4	0.59	0.37	0.36	-0.33	0.29	0.04	0.18		0.28	-0.25	0.28	0.1	0.36	0.58	0.48	0.48	0.56	-0.33	-0.41	0.52	0.32	-0.19
Cash And Short Term Investments	0.68	0.54	0.43	0.56	0.76	0.34	0.58	-0.05	0.65	0.32	-0.07	0.28		0.05	0.69	0.21	0.39	0.68	0.53	0.71	0.63	0.25	-0.25	0.62	0.5	0.17
Net Receivables	0.25	0.23	0.22	0.6	-0.16	0.1	0.63	0.98	0.56	0.21	-0.09	-0.25	0.05		0.22	0.27	0.06	0.23	0.05	0.06	0.1	-0.51	0.81	0.17	0.71	0.91
Common Stock Shares Outstanding	0.43	0.32	0.31	0.46	0.37	0.09	0.43	0.17	0.42	0.19	-0.14	0.28	0.69	0.22		0.15	0.39	0.43	0.25	0.33	0.37	0.18	-0.01	0.37	0.44	0.2
Non Current Liabilities Total	0.48	0.76	0.71	0.47	0.38	0.78	0.53	0.15	0.46	0.97	-0.79	0.1	0.21	0.27	0.15		0.07	0.48	0.66	0.41	0.43	-0.57	-0.15	0.19	0.51	0.47
Other Stockholder Equity	0.65	0.21	0.4	0.6	0.48	0.03	0.51	0.01	0.61	0.18	0.27	0.36	0.39	0.06	0.39	0.07		0.65	0.21	0.58	0.56	-0.18	-0.32	0.62	0.51	-0.08
Total Liab	1.0	0.78	0.81	0.91	0.83	0.66	0.9	0.09	0.89	0.54	-0.01	0.58	0.68	0.23	0.43	0.48	0.65		0.76	0.88	0.94	-0.37	-0.27	0.9	0.84	0.34
Property Plant And Equipment Gross	0.75	0.92	0.81	0.6	0.83	0.94	0.65	-0.11	0.66	0.67	-0.28	0.48	0.53	0.05	0.25	0.66	0.21	0.76		0.76	0.73	-0.3	-0.25	0.72	0.56	0.21
Total Current Assets	0.87	0.71	0.83	0.71	0.86	0.62	0.73	-0.11	0.78	0.5	0.07	0.48	0.71	0.06	0.33	0.41	0.58	0.88	0.76		0.85	-0.17	-0.38	0.82	0.63	0.14
Short Term Debt	0.94	0.79	0.84	0.8	0.74	0.69	0.79	-0.04	0.76	0.5	0.0	0.56	0.63	0.1	0.37	0.43	0.56	0.94	0.73	0.85		-0.25	-0.37	0.88	0.72	0.26
Other Current Assets	-0.37	-0.36	-0.47	-0.53	-0.06	-0.41	-0.54	-0.45	-0.42	-0.44	0.25	-0.33	0.25	-0.51	0.18	-0.57	-0.18	-0.37	-0.3	-0.17	-0.25		-0.22	-0.15	-0.58	-0.51
Other Current Liab	-0.25	-0.16	-0.26	0.11	-0.47	-0.22	0.15	0.87	0.12	-0.26	0.12	-0.41	-0.25	0.81	-0.01	-0.15	-0.32	-0.27	-0.25	-0.38	-0.37	-0.22		-0.16	0.25	0.64
Other Liab	0.9	0.68	0.69	0.79	0.79	0.56	0.77	0.04	0.8	0.27	0.28	0.52	0.62	0.17	0.37	0.19	0.62	0.9	0.72	0.82	0.88	-0.15	-0.16		0.71	0.21
Net Tangible Assets	0.85	0.68	0.68	0.99	0.5	0.51	0.99	0.61	0.93	0.5	-0.08	0.32	0.5	0.71	0.44	0.51	0.51	0.84	0.56	0.63	0.72	-0.58	0.25	0.71		0.74
Long Term Debt	0.36	0.43	0.35	0.64	-0.01	0.32	0.69	0.87	0.57	0.42	-0.29	-0.19	0.17	0.91	0.2	0.47	-0.08	0.34	0.21	0.14	0.26	-0.51	0.64	0.21	0.74

Click cells to compare fundamentals

Bank of Nova Scotia Account Relationship Matchups

Bank of Nova Scotia fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1T	1.1T	1.2T	1.3T	1.4T	1.4T
Short Long Term Debt Total	68.2B	245.7B	310.9B	313.8B	300.7B	315.7B
Total Current Liabilities	65.6B	92.9B	142.7B	136.9B	157.4B	165.3B
Total Stockholder Equity	67.5B	68.1B	70.8B	73.2B	76.9B	82.4B
Property Plant And Equipment Net	5.9B	5.6B	5.7B	5.6B	5.3B	3.0B
Net Debt	(69.1B)	159.3B	245.0B	223.5B	236.8B	248.7B
Retained Earnings	44.4B	46.3B	51.4B	53.8B	55.7B	57.8B
Accounts Payable	9.2B	8.3B	8.9B	12.6B	17.0B	16.8B
Cash	46.7B	76.5B	86.3B	65.9B	90.3B	63.9B
Non Current Assets Total	246.3B	238.2B	238.7B	1.6T	1.3T	1.4T
Non Currrent Assets Other	(2.2B)	(2.1B)	(1.9B)	(253.3B)	(298.8B)	(283.9B)
Other Assets	775.1B	765.0B	817.5B	978.0B	(380.9B)	1.4T
Cash And Short Term Investments	116.5B	120.1B	119.3B	140.8B	108.2B	64.5B
Net Receivables	7.8B	8.7B	9.1B	13.4B	14.0B	13.1B
Common Stock Shares Outstanding	1.2B	1.2B	1.2B	1.2B	1.2B	1.2B
Liabilities And Stockholders Equity	1.1T	1.2T	1.3T	1.4T	1.4T	1.5T
Non Current Liabilities Total	8.5B	162.8B	142.7B	1.3T	1.5T	1.6T
Other Stockholder Equity	6.8B	7.2B	141M	(5.7B)	773M	(2.9B)
Total Liab	1.0T	1.1T	1.1T	1.3T	1.3T	1.3T
Property Plant And Equipment Gross	5.9B	11.5B	12.2B	10.5B	10.4B	10.9B
Total Current Assets	125.2B	129.1B	132.7B	154.8B	108.2B	72.7B
Short Term Debt	113.5B	57.3B	84.0B	130.1B	119.9B	103.4B
Other Current Assets	336.1B	388.4B	429.5B	475.4B	(13.1B)	(12.4B)
Other Current Liab	(122.7B)	(65.6B)	(1.3B)	(464M)	(137.6B)	(121.2B)
Other Liab	66.3B	71.5B	76.1B	103.1B	68.9B	49.4B
Net Tangible Assets	47.7B	49.1B	53.4B	56.1B	59.4B	71.8B
Long Term Debt	7.3B	7.4B	6.3B	177.4B	190.7B	194.3B
Good Will	9.6B	9.3B	8.8B	8.9B	9.2B	9.0B
Short Term Investments	40.0B	33.7B	53.4B	50.5B	44.3B	32.7B
Inventory	(336.1B)	(388.4B)	(429.5B)	(475.4B)	(427.8B)	(406.4B)
Long Term Investments	221.6B	235.1B	216.0B	216.2B	227.8B	276.7B
Short Long Term Debt	8.0B	57.3B	3.3B	130.1B	119.9B	103.4B
Accumulated Other Comprehensive Income	(1.8B)	(5.1B)	(7.3B)	(7.0B)	(6.2B)	(5.9B)
Intangible Assets	7.8B	7.7B	7.8B	8.0B	8.0B	7.9B
Common Stock	18.3B	18.2B	18.5B	18.7B	20.1B	22.1B
Property Plant Equipment	5.9B	5.6B	5.7B	5.6B	6.5B	9.6B
Long Term Debt Total	7.3B	10.9B	9.7B	11.8B	13.6B	9.0B
Capital Lease Obligations	3.5B	3.4B	3.3B	3.2B	3.0B	1.8B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Bank Stock Analysis

When running Bank of Nova Scotia's price analysis, check to measure Bank of Nova Scotia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of Nova Scotia is operating at the current time. Most of Bank of Nova Scotia's value examination focuses on studying past and present price action to predict the probability of Bank of Nova Scotia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Nova Scotia's price. Additionally, you may evaluate how the addition of Bank of Nova Scotia to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC