RY
Price:
$123.58
Market Cap:
$242.76B
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
1995-10-16
Stock Exchange
NYSE
Ticker
RY
According to Royal Bank of Canada’s latest financial reports and current stock price. The company's current PE Ratio is 15.22. This represents a change of 31.27% compared to the average of 11.59 of the last 4 quarters.
The mean historical PE Ratio of Royal Bank of Canada over the last ten years is 11.63. The current 15.22 PE Ratio has changed 12.98% with respect to the historical average. Over the past ten years (40 quarters), RY's PE Ratio was at its highest in in the April 2020 quarter at 20.58. The PE Ratio was at its lowest in in the October 2023 quarter at 9.40.
Average
11.63
Median
11.54
Minimum
10.37
Maximum
12.98
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 = 10.77%
Maximum Annual PE Ratio = 12.98
Minimum Annual Increase = -16.81%
Minimum Annual PE Ratio = 10.37
Year | PE Ratio | Change |
---|---|---|
2023 | 10.37 | -7.34% |
2022 | 11.20 | -2.47% |
2021 | 11.48 | -1.10% |
2020 | 11.61 | -2.01% |
2019 | 11.85 | 6.16% |
2018 | 11.16 | -13.69% |
2017 | 12.93 | 8.07% |
2016 | 11.96 | 10.77% |
2015 | 10.80 | -16.81% |
2014 | 12.98 | 6.93% |
The current PE Ratio of Royal Bank of Canada (RY) 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
11.63
Royal Bank of Canada’s PE Ratio is greater than Canadian Imperial Bank of Commerce (12.37), greater than Bank of Montreal (14.05), greater than The Bank of Nova Scotia (11.90), less than Bank of America Corporation (15.26), less than The Toronto-Dominion Bank (16.72), greater than JPMorgan Chase & Co. (11.94), less than Citigroup Inc. (16.11), greater than Wells Fargo & Company (12.24),
Company | PE Ratio | Market cap |
---|---|---|
12.37 | $59.32B | |
14.05 | $67.03B | |
11.90 | $64.25B | |
15.26 | $325.31B | |
16.72 | $97.27B | |
11.94 | $638.48B | |
16.11 | $121.99B | |
12.24 | $222.64B |
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