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Royal Bank of Canada Royal Bank of Canada

Royal Bank of Canada

RY
Rank in Stocks #66
Royal Bank of Canada operates as a diversified financial service company... 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 sales network. Its Wealth Management segment provides a suite of advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital, mobile, and social platforms; independent brokers; and travel partners. Its Investor & Treasury Services segment provides asset servicing, custody, payments, and treasury services to financial and other investors; and fund and investment administration, shareholder, private capital, performance measurement and compliance monitoring, distribution, transaction banking, cash and liquidity management, foreign exchange, and global securities finance services. The company's Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, advisory services, sale, and trading services for corporations, institutional investors, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada.
Share Price
$165.00
Market Cap
$230.95B
Change (1 day)
-0.25%
Change (1 year)
49.55%
Country
CA
Trade Royal Bank of Canada (RY)
P/E ratio for Royal Bank of Canada (RY)
P/E ratio as of March 2026 TTM: 15.18
According to Royal Bank of Canada latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.18. At the end of 2024 the company had a P/E ratio of 14.67.
P/E ratio history for Royal Bank of Canada from 2000 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 15.18 6.73%
2025 14.22 -3.09%
2024 14.67 41.51%
2023 10.37 -7.44%
2022 11.20 -2.45%
2021 11.48 -1.04%
2020 11.60 -2.10%
2019 11.85 6.12%
2018 11.17 -13.74%
2017 12.95 8.20%
2016 11.97 10.09%
2015 10.87 -16.08%
2014 12.95 6.75%
2013 12.13 9.97%
2012 11.03 -23.03%
2011 14.34 -2.67%
2010 14.73 -25.86%
2009 19.87 47.97%
2008 13.43 3.36%
2007 12.99 -3.64%
2006 13.48 -14.60%
2005 15.79 7.67%
2004 14.66 6.33%
2003 13.79 4.04%
2002 13.25 6.42%
2001 12.45 -6.10%
2000 13.26 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
14.69 -3.18%
US
11.98 -21.05%
US
6.72 -55.69%
CN
6.94 -54.30%
CN
14.36 -5.35%
GB
How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.

Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.