RE: BNS yields 1992-2005From 2005 AR, rounding up, using basic EPS...
year/EPS/PE high/PE low
1995....0.84.....9.0....7.2
1996....1.02....10.4....7.0
1997....1.48....11.5....6.9
1998....1.32....16.9....8.6
1999....1.46....12.6....9.8
2000....1.83....12.5....7.1
2001....2.06....12.3....9.1
2002....1.68....16.8....12.5
2003....2.38....14.2....9.4
2004....2.87....13.9....10.8
2005....3.19....13.9....11.4
2006 estimated EPS = 3.39 (average of the range)
PE at $45.90 = 13.53
BNS, up to this point in 06, has been $45 or higher. Assuming BNS makes the 06 EPS estimate, will 13.5x be the PE low for this year?
2007 est EPS = 3.65
PE at $45.9 = 12.57