Royal Bank of Canada (RY.TO) Stock Valuation: P/E Ratio and Intrinsic Value
Is Royal Bank of Canada stock expensive or cheap? This page shows the price-earnings ratio of Royal Bank of Canada for the last fiscal years, the current share price, and beta and volatility as risk measures. Earnings figures come from the company's published filings (FY 2025).
Earnings basis for the valuation (FY 2025)
| Revenue | 66.61 CAD bn |
|---|---|
| Net income | 20.37 CAD bn |
| Net margin | 30.6 % |
How the Royal Bank of Canada P/E ratio is calculated
The price-earnings ratio divides the share price by earnings per share. On this page the ratio is shown per fiscal year, so you can see whether today's valuation of Royal Bank of Canada is above or below its own history. Beta and volatility indicate how strongly the share moves compared with the overall market.
Frequently asked questions about Royal Bank of Canada
What is the RY.TO P/E ratio?
The P/E ratio divides the Royal Bank of Canada share price by earnings per share. This page shows the ratio for each of the last fiscal years, so the current valuation of RY.TO can be compared with its own history.
Is Royal Bank of Canada stock overvalued or undervalued?
There is no single answer. A useful check is whether the current P/E of RY.TO is above or below its multi-year average and how earnings, margins and revenue are developing. This page shows all of these figures from the published filings.
How can I estimate the intrinsic value of Royal Bank of Canada?
An intrinsic value estimate needs earnings or free cash flow, a growth assumption and a discount rate. This page provides the reported earnings basis, margins and the valuation history of RY.TO as the starting point.