Royal Bank of Canada

Royal Bank of Canadaverified

RY.TO

Price:

$153.13

Market Cap:

$216.25B

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile ...[Read more]

Industry

Banks - Diversified

IPO Date

1995-01-12

Stock Exchange

TSX

Ticker

RY.TO

The PE Ratio as of July 2024 (TTM) for Royal Bank of Canada (RY.TO) is 14.02

According to Royal Bank of Canada’s latest financial reports and current stock price. The company's current PE Ratio is 14.02. This represents a change of 22.02% compared to the average of 11.49 of the last 4 quarters.

Royal Bank of Canada (RY.TO) Historical PE Ratio (quarterly & annually)

How has RY.TO PE Ratio performed in the past?

The mean historical PE Ratio of Royal Bank of Canada over the last ten years is 11.64. The current 14.02 PE Ratio has changed 11.94% with respect to the historical average. Over the past ten years (40 quarters), RY.TO's PE Ratio was at its highest in in the April 2020 quarter at 20.52. The PE Ratio was at its lowest in in the October 2023 quarter at 9.39.

Quarterly (TTM)
Annual

Average

11.64

Median

11.54

Minimum

10.37

Maximum

12.95

Royal Bank of Canada (RY.TO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Royal Bank of Canada PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 10.09%

Maximum Annual PE Ratio = 12.95

Minimum Annual Increase = -16.08%

Minimum Annual PE Ratio = 10.37

Quarterly (TTM)
Annual
YearPE RatioChange
202310.37-7.44%
202211.20-2.45%
202111.48-1.04%
202011.60-2.11%
201911.856.12%
201811.17-13.74%
201712.958.20%
201611.9710.09%
201510.87-16.08%
201412.956.75%

Royal Bank of Canada (RY.TO) Average PE Ratio

How has RY.TO PE Ratio performed in the past?

The current PE Ratio of Royal Bank of Canada (RY.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

11.02

5-year avg

11.30

10-year avg

11.64

Royal Bank of Canada (RY.TO) PE Ratio vs. Peers

How is RY.TO’s PE Ratio compared to its peers?

Royal Bank of Canada’s PE Ratio is greater than The Toronto-Dominion Bank (12.62), greater than The Bank of Nova Scotia (9.96), less than Bank of Montreal (14.17), greater than Canadian Imperial Bank of Commerce (10.46), less than BCE Inc. (21.69),

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Frequently asked questions❓

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