Market capitalization of SAN increased by 149.12% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 4.67 to 11.52.
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.