As of 2026-04-04, the Relative Valuation of Banco Santander SA (SAN.MC) is 10.45 EUR. This relative valuation is based on P/E multiples. With the latest stock price at 9.81 EUR, the upside of Banco Santander SA based on Relative Valuation is 6.5%.
The range of the Relative Valuation is 9.27 - 11.85 EUR.
| Range | Selected | |
| Trailing P/E multiples | 6.2x - 7.1x | 6.7x |
| Forward P/E multiples | 8.6x - 9.1x | 9.0x |
| Fair Price | 9.27 - 11.85 | 10.45 |
| Upside | -5.6% - 20.7% | 6.5% |
| Date | P/E |
| 2026-04-02 | 5.90 |
| 2026-04-01 | 6.00 |
| 2026-03-31 | 5.70 |
| 2026-03-30 | 5.70 |
| 2026-03-27 | 5.65 |
| 2026-03-26 | 5.69 |
| 2026-03-25 | 5.83 |
| 2026-03-24 | 5.70 |
| 2026-03-23 | 5.78 |
| 2026-03-20 | 5.56 |
| 2026-03-19 | 5.62 |
| 2026-03-18 | 5.82 |
| 2026-03-17 | 5.77 |
| 2026-03-16 | 5.72 |
| 2026-03-13 | 5.73 |
| 2026-03-12 | 5.80 |
| 2026-03-11 | 5.92 |
| 2026-03-10 | 6.02 |
| 2026-03-09 | 5.69 |
| 2026-03-06 | 5.76 |
| 2026-03-05 | 5.83 |
| 2026-03-04 | 6.00 |
| 2026-03-03 | 5.78 |
| 2026-03-02 | 6.16 |
| 2026-02-27 | 6.49 |
| 2026-02-26 | 6.67 |
| 2026-02-25 | 6.71 |
| 2026-02-24 | 6.40 |
| 2026-02-23 | 6.57 |
| 2026-02-20 | 6.47 |
| 2026-02-19 | 6.36 |
| 2026-02-18 | 6.44 |
| 2026-02-17 | 6.26 |
| 2026-02-16 | 6.18 |
| 2026-02-13 | 6.03 |
| 2026-02-12 | 6.19 |
| 2026-02-11 | 6.28 |
| 2026-02-10 | 6.47 |
| 2026-02-09 | 6.51 |
| 2026-02-06 | 6.41 |
| 2026-02-05 | 6.29 |
| 2026-02-04 | 6.43 |
| 2026-02-03 | 6.66 |
| 2026-02-02 | 6.64 |
| 2026-01-30 | 6.48 |
| 2026-01-29 | 6.39 |
| 2026-01-28 | 6.37 |
| 2026-01-27 | 6.48 |
| 2026-01-26 | 6.40 |
| 2026-01-23 | 6.30 |