Royal Bank Of Canada
RY
#83
Rank
C$244.56 B
Marketcap
$172.90
Share price
-0.34%
Change (1 day)
29.41%
Change (1 year)

The Royal Bank of Canada is Canada's largest bank. The bank has over 1,300 branches in Canada and approximately 80,000 employees in 55 countries.

Royal Bank Of Canada (RY) - P/B ratio

P/B ratio as of December 2024 : 1.86

According to Royal Bank Of Canada's latest financial reports the company has a price-to-book ratio of 4.05539.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Royal Bank Of Canada - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-311.879.12%
2023-12-311.714.62%
2022-12-311.64-13.08%
2021-12-311.884.64%
2020-12-311.801.54%
2019-12-311.779.39%
2018-12-311.62-20.83%
2017-12-312.049.14%
2016-12-311.8718.81%
2015-12-311.58-22.98%
2014-12-312.050%
2013-12-312.058.38%
2012-12-311.897.63%
2011-12-311.76-4.75%
2010-12-311.84-12.89%
2009-12-312.1246.17%
2008-12-311.45-39.17%
2007-12-312.38-16.97%
2006-12-312.876.1%
2005-12-312.7017.52%
2004-12-312.3015.84%
2003-12-311.985.06%
2002-12-311.89

P/B ratio for similar companies or competitors

Company P/B ratio P/B ratio differencediff. Country
1.11-40.38%๐Ÿ‡จ๐Ÿ‡ฆ Canada
1.17-37.28%๐Ÿ‡จ๐Ÿ‡ฆ Canada
1.10-40.71%๐Ÿ‡จ๐Ÿ‡ฆ Canada
1.42-23.59%๐Ÿ‡จ๐Ÿ‡ฆ Canada
1.13-39.28%๐Ÿ‡บ๐Ÿ‡ธ USA