SAN Relative Valuation
SAN's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, SAN is overvalued; if below, it's undervalued.
Historical Valuation
Banco Santander SA (SAN) is now in the Overvalued zone, suggesting that its current forward PE ratio of 10.89 is considered Overvalued compared with the five-year average of 5.73. The fair price of Banco Santander SA (SAN) is between 5.75 to 9.66 according to relative valuation methord. Compared to the current price of 11.93 USD , Banco Santander SA is Overvalued By 23.46%.
Relative Value
Fair Zone
5.75-9.66
Current Price：11.93
23.46%
Overvalued
10.89
PE
1Y
3Y
5Y
0.00
EV/EBITDA
Banco Santander SA. (SAN) has a current EV/EBITDA of 0.00. The 5-year average EV/EBITDA is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward EV/EBITDA of 0.00 falls within the Strongly Undervalued range.
NaN
EV/EBIT
Banco Santander SA. (SAN) has a current EV/EBIT of NaN. The 5-year average EV/EBIT is NaN. The thresholds are as follows: Strongly Undervalued below NaN, Undervalued between NaN and NaN, Fairly Valued between NaN and NaN, Overvalued between NaN and NaN, and Strongly Overvalued above NaN. The current Forward EV/EBIT of NaN falls within the range.
2.43
PS
Banco Santander SA. (SAN) has a current PS of 2.43. The 5-year average PS is 1.17. The thresholds are as follows: Strongly Undervalued below 0.47, Undervalued between 0.47 and 0.82, Fairly Valued between 1.53 and 0.82, Overvalued between 1.53 and 1.88, and Strongly Overvalued above 1.88. The current Forward PS of 2.43 falls within the Strongly Overvalued range.
0.00
P/OCF
Banco Santander SA. (SAN) has a current P/OCF of 0.00. The 5-year average P/OCF is 0.14. The thresholds are as follows: Strongly Undervalued below -5.73, Undervalued between -5.73 and -2.79, Fairly Valued between 3.08 and -2.79, Overvalued between 3.08 and 6.01, and Strongly Overvalued above 6.01. The current Forward P/OCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.
0.00
P/FCF
Banco Santander SA. (SAN) has a current P/FCF of 0.00. The 5-year average P/FCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/FCF of 0.00 falls within the Strongly Undervalued range.
Banco Santander SA (SAN) has a current Price-to-Book (P/B) ratio of 1.50. Compared to its 3-year average P/B ratio of 0.81 , the current P/B ratio is approximately 85.25% higher. Relative to its 5-year average P/B ratio of 0.72, the current P/B ratio is about 109.39% higher. Banco Santander SA (SAN) has a Forward Free Cash Flow (FCF) yield of approximately 5.58%. Compared to its 3-year average FCF yield of -8.56%, the current FCF yield is approximately -165.18% lower. Relative to its 5-year average FCF yield of 11.97% , the current FCF yield is about -53.39% lower.
1.50
P/B
Median3y
0.81
Median5y
0.72
5.58
FCF Yield
Median3y
-8.56
Median5y
11.97
Competitors Valuation Multiple
The average P/S ratio for SAN's competitors is 2.37, providing a benchmark for relative valuation. Banco Santander SA Corp (SAN) exhibits a P/S ratio of 2.43, which is 2.57% above the industry average. Given its robust revenue growth of 0.67%, this premium appears unsustainable.
Performance Decomposition
1Y
3Y
5Y
Market capitalization of SAN increased by 131.83% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 5.32 to 12.20.
The secondary factor is the Margin Expansion, contributed 2.01%to the performance.
Overall, the performance of SAN in the past 1 year is driven by P/E Change. Which is more unsustainable.
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Frequently Asked Questions
Is Banco Santander SA (SAN) currently overvalued or undervalued?
Banco Santander SA (SAN) is now in the Overvalued zone, suggesting that its current forward PE ratio of 10.89 is considered Overvalued compared with the five-year average of 5.73. The fair price of Banco Santander SA (SAN) is between 5.75 to 9.66 according to relative valuation methord. Compared to the current price of 11.93 USD , Banco Santander SA is Overvalued By 23.46% .
What is Banco Santander SA (SAN) fair value?
SAN's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Banco Santander SA (SAN) is between 5.75 to 9.66 according to relative valuation methord.
How does SAN's valuation metrics compare to the industry average?
The average P/S ratio for SAN's competitors is 2.37, providing a benchmark for relative valuation. Banco Santander SA Corp (SAN) exhibits a P/S ratio of 2.43, which is 2.57% above the industry average. Given its robust revenue growth of 0.67%, this premium appears unsustainable.
What is the current P/B ratio for Banco Santander SA (SAN) as of Jan 08 2026?
As of Jan 08 2026, Banco Santander SA (SAN) has a P/B ratio of 1.50. This indicates that the market values SAN at 1.50 times its book value.
What is the current FCF Yield for Banco Santander SA (SAN) as of Jan 08 2026?
As of Jan 08 2026, Banco Santander SA (SAN) has a FCF Yield of 5.58%. This means that for every dollar of Banco Santander SA’s market capitalization, the company generates 5.58 cents in free cash flow.
What is the current Forward P/E ratio for Banco Santander SA (SAN) as of Jan 08 2026?
As of Jan 08 2026, Banco Santander SA (SAN) has a Forward P/E ratio of 10.89. This means the market is willing to pay $10.89 for every dollar of Banco Santander SA’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for Banco Santander SA (SAN) as of Jan 08 2026?
As of Jan 08 2026, Banco Santander SA (SAN) has a Forward P/S ratio of 2.43. This means the market is valuing SAN at $2.43 for every dollar of expected revenue over the next 12 months.