Latest Ratios: P/E Ratio 14.1x · EV/EBITDA 18.4x · ROE 18.4%. (1998–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $15.9B | $14.7B | $8.9B | $9.2B | $7.5B | $7.7B | $8.9B | $10.9B | $14.1B | $14.7B | $10.3B |
| Enterprise Value | $27.3B | $10.65T | $9.62T | $6.94T | $5.64T | $5.12T | $10.84T | $9.38T | $7.59T | $6.38T | $6.11T |
| P/E Ratio → | 14.07 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 |
| P/S Ratio | 3.18 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 |
| P/B Ratio | 2.58 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| P/FCF | 23.74 | 0.02 | 0.02 | — | — | — | — | 0.01 | 0.02 | — | 0.02 |
| P/OCF | 21.03 | 0.02 | 0.02 | — | — | — | — | 0.01 | 0.01 | — | 0.01 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.29 | 1.96 | 1.33 | 1.19 | 1.52 | 4.05 | 3.34 | 2.87 | 2.58 | 2.42 |
| EV / EBITDA | 18.44 | 7.72 | 7.88 | 8.31 | 5.47 | 4.28 | 13.47 | 10.42 | 9.01 | 8.02 | 9.36 |
| EV / EBIT | 20.45 | 8.55 | 8.91 | 10.04 | 6.26 | 4.77 | 15.59 | 11.81 | 9.95 | 8.89 | 10.40 |
| EV / FCF | — | 17.06 | 25.67 | — | — | — | — | 5.32 | 8.21 | — | 9.45 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 48.8% | 48.8% | 42.6% | 30.4% | 39.1% | 58.5% | 58.3% | 56.3% | 56.6% | 58.2% | 52.6% |
| Operating Margin | 26.7% | 26.7% | 22.0% | 13.2% | 19.1% | 31.8% | 26.0% | 28.3% | 28.9% | 29.0% | 23.2% |
| Net Profit Margin | 21.9% | 21.9% | 17.4% | 11.1% | 16.8% | 25.0% | 20.5% | 22.0% | 22.5% | 22.8% | 18.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 18.4% | 18.4% | 16.0% | 11.3% | 16.9% | 20.7% | 15.2% | 18.4% | 18.7% | 18.7% | 16.7% |
| ROA | 1.5% | 1.5% | 1.2% | 0.8% | 1.2% | 1.4% | 1.0% | 1.4% | 1.6% | 1.5% | 1.3% |
| ROIC | 4.5% | 4.5% | 4.2% | 3.1% | 4.4% | 4.9% | 2.9% | 3.9% | 4.5% | 4.5% | 3.9% |
| ROCE | 3.4% | 3.4% | 2.0% | 1.0% | 1.7% | 2.3% | 1.3% | 2.4% | 2.9% | 2.0% | 2.3% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.77 | 2.77 | 2.75 | 2.39 | 2.20 | 2.34 | 3.97 | 3.91 | 3.13 | 2.83 | 3.20 |
| Debt / EBITDA | 11.50 | 11.50 | 12.06 | 15.21 | 10.57 | 8.68 | 18.26 | 15.10 | 12.07 | 11.08 | 14.20 |
| Net Debt / Equity | — | 1.85 | 1.79 | 1.30 | 1.13 | 1.16 | 2.92 | 2.69 | 2.33 | 2.05 | 2.10 |
| Net Debt / EBITDA | 7.71 | 7.71 | 7.87 | 8.30 | 5.46 | 4.28 | 13.46 | 10.40 | 8.99 | 8.00 | 9.34 |
| Debt / FCF | — | 17.04 | 25.65 | — | — | — | — | 5.31 | 8.19 | — | 9.43 |
| Interest Coverage | 0.69 | 0.69 | 0.47 | 0.21 | 0.36 | 0.97 | 1.09 | 0.88 | 0.92 | 0.98 | 0.69 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.21 | 0.21 | 0.29 | 21.24 | 26.69 | 0.44 | 47.08 | 39.23 | 0.26 | 31.65 | 46.72 |
| Quick Ratio | 0.21 | 0.21 | 0.29 | 21.24 | 26.69 | 0.44 | 47.08 | 39.23 | 0.26 | 31.65 | 46.72 |
| Cash Ratio | 0.16 | 0.16 | 0.17 | 11.26 | 11.90 | 0.19 | 16.01 | 18.88 | 0.12 | 11.60 | 18.04 |
| Asset Turnover | — | 0.07 | 0.07 | 0.07 | 0.07 | 0.05 | 0.05 | 0.06 | 0.07 | 0.07 | 0.07 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Payout Ratio | 55.9% | 55.9% | 40.7% | 83.7% | 58.7% | 36.9% | 60.5% | 57.4% | 71.2% | 58.7% | 70.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.1% | 7187.4% | 9607.6% | 5397.6% | 10606.1% | 10976.1% | 6129.5% | 5704.4% | 4200.7% | 3837.5% | 4590.8% |
| FCF Yield | 4.2% | 4260.3% | 4216.7% | — | — | — | — | 16242.5% | 6563.8% | — | 6274.9% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 3.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Shares Outstanding | — | $471M | $471M | $471M | $471M | $471M | $471M | $471M | $471M | $471M | $471M |
Inflation-linked asset volatility
According to recent market data, BSAC trades at a P/B of 2.43, which appears to command a premium relative to regional peers like Banco Santander Brazil, despite the bank's current ROE of 5.1% suggesting that the market may be overestimating future franchise profitability.
The current valuation multiple implies that investors are pricing in a recovery in return on equity that the bank's recent performance has yet to substantiate. Given the cooling of inflation-linked indexation, the market's willingness to pay a premium over tangible book value warrants further investigation into whether this reflects a durable franchise moat or merely a legacy valuation anchor.
As reported in financial statements, the bank's ROE has compressed to 5.1% in 2026Q1, driven by a significant contraction in net interest margins and volatile non-interest income contributions that suggest the core profitability engine is currently operating under substantial structural strain.
The DuPont decomposition indicates that the bank's reliance on UF-indexed assets has become a liability as inflation normalizes, eroding the NIM component of ROE. Investors should monitor whether the bank can pivot toward fee-based income through its digital initiatives to offset the structural decline in interest-based profitability.
Based on the provided quarterly data, the efficiency ratio spiked to 54.1% in 2026Q1, indicating that the bank's operating leverage is currently under pressure as administrative costs rise relative to the cooling revenue environment, diverging from historical norms of sub-40% efficiency.
The inability to maintain a sub-40% efficiency ratio suggests that the bank's digital transformation efforts are not yet yielding the expected operating leverage. This trend may indicate that the fixed costs associated with the branch network are becoming a drag on profitability in a lower-growth macroeconomic environment.
As evidenced by the equity-to-assets ratio hovering near 0.07, the bank is operating with limited capital buffers, which, according to recent regulatory filings, suggests that the transition to Basel III standards may necessitate a more conservative approach to future capital returns.
The tight capital position limits the bank's flexibility to absorb credit shocks or pursue aggressive balance sheet expansion. Investors should monitor the dividend payout ratio, as the bank may be forced to prioritize capital retention over historical distribution levels to meet evolving regulatory requirements.
The P/E ratio is the most commonly misapplied metric for BSAC, as it fails to account for the extreme volatility in non-interest income and the non-cash nature of UF-indexed inflation gains that frequently distort the bank's reported earnings per share.
Using P/E to value BSAC obscures the underlying operational performance by including treasury gains and hedging results that are not representative of core banking activities. Analysts should instead focus on P/TBV and adjusted ROE to better capture the bank's true franchise value and capital efficiency.
Includes 30+ ratios · 28 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying BSAC stock.
Banco Santander-Chile's current P/E ratio is 14.1x. The historical average is 0.0x. This places it at the 100th percentile of its historical range.
Banco Santander-Chile's current EV/EBITDA is 18.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.9x.
Banco Santander-Chile's return on equity (ROE) is 18.4%. The historical average is 19.7%.
Based on historical data, Banco Santander-Chile is trading at a P/E of 14.1x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Banco Santander-Chile's current dividend yield is 3.85% with a payout ratio of 55.9%.
Banco Santander-Chile has 48.8% gross margin and 26.7% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Banco Santander-Chile's Debt/EBITDA ratio is 11.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.