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BNS vs. PGR: A Head-to-Head Stock Comparison

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Here’s a clear look at BNS and PGR, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

SymbolBNSPGR
Company NameThe Bank of Nova ScotiaThe Progressive Corporation
CountryCanadaUnited States
GICS SectorFinancialsFinancials
GICS IndustryBanksInsurance
Market Capitalization80.25 billion USD144.52 billion USD
ExchangeNYSENYSE
Listing DateJune 7, 2002March 17, 1980
Security TypeCommon StockCommon Stock

Historical Performance

This chart compares the performance of BNS and PGR by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

BNS vs. PGR: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolBNSPGR
5-Day Price Return1.01%2.90%
13-Week Price Return19.73%-7.46%
26-Week Price Return29.28%-9.39%
52-Week Price Return22.12%-1.65%
Month-to-Date Return4.92%-0.04%
Year-to-Date Return16.58%3.06%
10-Day Avg. Volume5.21M3.17M
3-Month Avg. Volume4.60M3.34M
3-Month Volatility15.18%18.80%
Beta0.780.31

Profitability

Return on Equity (TTM)

BNS

8.59%

Banks Industry

Max
25.40%
Q3
15.55%
Median
12.00%
Q1
8.98%
Min
-0.10%

BNS’s Return on Equity of 8.59% is in the lower quartile for the Banks industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

PGR

36.50%

Insurance Industry

Max
30.96%
Q3
18.76%
Median
14.22%
Q1
10.34%
Min
1.73%

PGR’s Return on Equity of 36.50% is exceptionally high, placing it well beyond the typical range for the Insurance industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

BNS vs. PGR: A comparison of their Return on Equity (TTM) against their respective Banks and Insurance industry benchmarks.

Net Profit Margin (TTM)

BNS

26.04%

Banks Industry

Max
54.20%
Q3
35.73%
Median
28.97%
Q1
22.56%
Min
6.98%

BNS’s Net Profit Margin of 26.04% is aligned with the median group of its peers in the Banks industry. This indicates its ability to convert revenue into profit is typical for the sector.

PGR

12.66%

Insurance Industry

Max
26.78%
Q3
14.69%
Median
9.87%
Q1
6.59%
Min
-3.51%

PGR’s Net Profit Margin of 12.66% is aligned with the median group of its peers in the Insurance industry. This indicates its ability to convert revenue into profit is typical for the sector.

BNS vs. PGR: A comparison of their Net Profit Margin (TTM) against their respective Banks and Insurance industry benchmarks.

Operating Profit Margin (TTM)

BNS

34.15%

Banks Industry

Max
63.35%
Q3
44.73%
Median
37.24%
Q1
28.25%
Min
12.28%

BNS’s Operating Profit Margin of 34.15% is around the midpoint for the Banks industry, indicating that its efficiency in managing core business operations is typical for the sector.

PGR

16.28%

Insurance Industry

Max
34.52%
Q3
20.17%
Median
14.46%
Q1
9.62%
Min
-2.51%

In the Insurance industry, Operating Profit Margin is often not the primary measure of operational efficiency.

BNS vs. PGR: A comparison of their Operating Profit Margin (TTM) against their respective Banks and Insurance industry benchmarks.

Profitability at a Glance

SymbolBNSPGR
Return on Equity (TTM)8.59%36.50%
Return on Assets (TTM)0.51%9.53%
Net Profit Margin (TTM)26.04%12.66%
Operating Profit Margin (TTM)34.15%16.28%
Gross Profit Margin (TTM)----

Financial Strength

Current Ratio (MRQ)

BNS

--

Banks Industry

Max
--
Q3
--
Median
--
Q1
--
Min
--

For the Banks industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

PGR

0.08

Insurance Industry

Max
2.97
Q3
1.37
Median
0.54
Q1
0.15
Min
0.00

For the Insurance industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

BNS vs. PGR: A comparison of their Current Ratio (MRQ) against their respective Banks and Insurance industry benchmarks.

Debt-to-Equity Ratio (MRQ)

BNS

2.68

Banks Industry

Max
5.78
Q3
2.66
Median
1.05
Q1
0.40
Min
0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Banks industry.

PGR

0.21

Insurance Industry

Max
1.25
Q3
0.65
Median
0.34
Q1
0.23
Min
0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Insurance industry.

BNS vs. PGR: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Banks and Insurance industry benchmarks.

Interest Coverage Ratio (TTM)

BNS

--

Banks Industry

Max
--
Q3
--
Median
--
Q1
--
Min
--

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Banks industry.

PGR

39.40

Insurance Industry

Max
43.68
Q3
21.45
Median
9.67
Q1
3.55
Min
-5.73

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Insurance industry.

BNS vs. PGR: A comparison of their Interest Coverage Ratio (TTM) against their respective Banks and Insurance industry benchmarks.

Financial Strength at a Glance

SymbolBNSPGR
Current Ratio (MRQ)--0.08
Quick Ratio (MRQ)--0.04
Debt-to-Equity Ratio (MRQ)2.680.21
Interest Coverage Ratio (TTM)--39.40

Growth

Revenue Growth

BNS vs. PGR: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

BNS vs. PGR: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

BNS

5.22%

Banks Industry

Max
11.03%
Q3
6.00%
Median
3.87%
Q1
2.41%
Min
0.00%

BNS’s Dividend Yield of 5.22% is consistent with its peers in the Banks industry, providing a dividend return that is standard for its sector.

PGR

1.98%

Insurance Industry

Max
9.80%
Q3
5.18%
Median
3.58%
Q1
2.07%
Min
0.00%

PGR’s Dividend Yield of 1.98% is in the lower quartile for the Insurance industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.

BNS vs. PGR: A comparison of their Dividend Yield (TTM) against their respective Banks and Insurance industry benchmarks.

Dividend Payout Ratio (TTM)

BNS

80.87%

Banks Industry

Max
134.24%
Q3
79.39%
Median
55.09%
Q1
36.09%
Min
0.00%

BNS’s Dividend Payout Ratio of 80.87% is in the upper quartile for the Banks industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.

PGR

27.53%

Insurance Industry

Max
169.40%
Q3
85.57%
Median
53.26%
Q1
23.68%
Min
0.00%

PGR’s Dividend Payout Ratio of 27.53% is within the typical range for the Insurance industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

BNS vs. PGR: A comparison of their Dividend Payout Ratio (TTM) against their respective Banks and Insurance industry benchmarks.

Dividend at a Glance

SymbolBNSPGR
Dividend Yield (TTM)5.22%1.98%
Dividend Payout Ratio (TTM)80.87%27.53%

Valuation

Price-to-Earnings Ratio (TTM)

BNS

15.50

Banks Industry

Max
22.69
Q3
13.75
Median
10.32
Q1
7.73
Min
2.59

A P/E Ratio of 15.50 places BNS in the upper quartile for the Banks industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

PGR

13.89

Insurance Industry

Max
30.75
Q3
18.11
Median
12.67
Q1
9.66
Min
2.87

PGR’s P/E Ratio of 13.89 is within the middle range for the Insurance industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

BNS vs. PGR: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Banks and Insurance industry benchmarks.

Price-to-Sales Ratio (TTM)

BNS

2.29

Banks Industry

Max
4.90
Q3
2.98
Median
2.24
Q1
1.59
Min
0.45

The P/S Ratio is often not a primary valuation tool in the Banks industry.

PGR

1.76

Insurance Industry

Max
3.41
Q3
1.88
Median
1.22
Q1
0.80
Min
0.23

PGR’s P/S Ratio of 1.76 aligns with the market consensus for the Insurance industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

BNS vs. PGR: A comparison of their Price-to-Sales Ratio (TTM) against their respective Banks and Insurance industry benchmarks.

Price-to-Book Ratio (MRQ)

BNS

1.14

Banks Industry

Max
2.09
Q3
1.40
Median
1.11
Q1
0.86
Min
0.29

BNS’s P/B Ratio of 1.14 is within the conventional range for the Banks industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

PGR

4.80

Insurance Industry

Max
4.57
Q3
2.56
Median
1.88
Q1
1.20
Min
0.17

At 4.80, PGR’s P/B Ratio is at an extreme premium to the Insurance industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

BNS vs. PGR: A comparison of their Price-to-Book Ratio (MRQ) against their respective Banks and Insurance industry benchmarks.

Valuation at a Glance

SymbolBNSPGR
Price-to-Earnings Ratio (TTM)15.5013.89
Price-to-Sales Ratio (TTM)2.291.76
Price-to-Book Ratio (MRQ)1.144.80
Price-to-Free Cash Flow Ratio (TTM)6.058.80