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Royal Bank of Canada RY

US equityMarket cap rank #48Banks - Diversified
$199.34
−$0.11 (-0.06%)
Market open · Sep 24, 2:00 pm ET
After hours $199.45 0.00%
Open$198.67
Prev close$199.45
Day range$198.07 – $200.13
Volume322.0K
Market cap$275.97B
P/E (TTM)17.7
Dividend yield2.36%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings18.0x
CheapRich

Near the top of its 5-year range · 95th percentile, 5-year average 13.5x

#1379 of 2977 stocks by PE (1 = cheapest)

Price / book2.9x
CheapRich

Near the top of its 5-year range · 95th percentile, 5-year average 2.0x

#3563 of 5303 stocks by PB (1 = cheapest)

Price / sales5.5x
CheapRich

Near the top of its 5-year range · 95th percentile, 5-year average 3.9x

#3938 of 5143 stocks by PS (1 = cheapest)

P/E over five years

9x13x16x20xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$185.00
Price vs. fair value+7.8%Trading above the estimate
Star rating★★☆☆☆
Economic moatWide
UncertaintyLow
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 2.95 2.04 95% (pricier than usual) #3563 of 5303 (1 = cheapest)
PE 17.98 13.52 95% (pricier than usual) #1379 of 2977 (1 = cheapest)
PS 5.55 3.94 95% (pricier than usual) #3938 of 5143 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★
Fair value estimate$185.00
Economic moatWide
UncertaintyLow
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