Royal Bank Of Canada
RY
$97.68
Share price
0.42%
Change (1 day)
1.08%
Change (1 year)
Categories
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 April 2024 : 1.59
According to Royal Bank Of Canada's latest financial reports the company has a price-to-book ratio of 1.59.
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 |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | 1.67 | 2.3% |
| 2022-12-31 | 1.64 | -13.04% |
| 2021-12-31 | 1.88 | 4.59% |
| 2020-12-31 | 1.80 | 1.54% |
| 2019-12-31 | 1.77 | 9.39% |
| 2018-12-31 | 1.62 | -20.83% |
| 2017-12-31 | 2.04 | 9.14% |
| 2016-12-31 | 1.87 | 18.82% |
| 2015-12-31 | 1.58 | -22.99% |
| 2014-12-31 | 2.05 | 0% |
| 2013-12-31 | 2.05 | 8.38% |
| 2012-12-31 | 1.89 | 7.63% |
| 2011-12-31 | 1.76 | -4.7% |
| 2010-12-31 | 1.84 | -12.76% |
| 2009-12-31 | 2.11 | 45.87% |
| 2008-12-31 | 1.45 | -39.17% |
| 2007-12-31 | 2.38 | -16.97% |
| 2006-12-31 | 2.87 | 6.1% |
| 2005-12-31 | 2.70 | 17.03% |
| 2004-12-31 | 2.31 | 16.32% |
| 2003-12-31 | 1.98 | 19.62% |
| 2002-12-31 | 1.66 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Bank of America BAC | 1.03 | -35.15% | 🇺🇸 USA |
 Toronto Dominion Bank TD | 1.25 | -21.84% | 🇨🇦 Canada |
 CIBC CM | 1.10 | -30.81% | 🇨🇦 Canada |
 Scotiabank BNS | 0.9555 | -40.06% | 🇨🇦 Canada |
 Bank of Montreal
BMO | 1.17 | -26.49% | 🇨🇦 Canada |