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Royal Bank of Canada
TSX:RY

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Royal Bank of Canada
TSX:RY
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Price: 135.74 CAD 1.32% Market Closed
Updated: May 3, 2024

Relative Value

The Relative Value of one RY stock under the Base Case scenario is 147.05 CAD. Compared to the current market price of 135.74 CAD, Royal Bank of Canada is Undervalued by 8%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

RY Relative Value
Base Case
147.05 CAD
Undervaluation 8%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
19
vs Industry
20
Median 3Y
3.5
Median 5Y
3.3
Industry
2.3
Forward
3.3
vs History
6
vs Industry
26
Median 3Y
11.8
Median 5Y
11.1
Industry
9.6
Forward
11.7
vs History
33
vs Industry
12
Median 3Y
1.7
Median 5Y
1.6
Industry
0.9
vs History
22
vs Industry
27
Median 3Y
0.2
Median 5Y
0.2
Industry
0.1

Multiples Across Competitors

RY Competitors Multiples
Royal Bank of Canada Competitors

All Multiples
P/S
P/E
P/B
All Countries
Close
Market Cap P/S P/E P/B
CA
Royal Bank of Canada
TSX:RY
191.2B CAD 3.5 12.8 1.6
US
JPMorgan Chase & Co
NYSE:JPM
550.4B USD 3.4 11.3 1.6
ZA
Absa Bank Ltd
JSE:ABSP
327.7B Zac 0 0 0
ZA
Standard Bank Group Ltd
JSE:SBK
297.5B Zac 0 0 0
US
Bank of America Corp
NYSE:BAC
290.1B USD 3 12.4 1
CN
Industrial and Commercial Bank of China Ltd
SSE:601398
1.9T CNY 2.2 5.5 0.5
ZA
Capitec Bank Holdings Ltd
JSE:CPI
265.8B Zac 0 0 0
CN
Agricultural Bank of China Ltd
SSE:601288
1.5T CNY 2.1 6.1 0.5
US
Wells Fargo & Co
NYSE:WFC
209.5B USD 2.5 11.9 1.2
CN
Bank of China Ltd
SSE:601988
1.4T CNY 2.1 6.2 0.5
UK
HSBC Holdings PLC
LSE:HSBA
137B GBP 2.1 7.7 0.9

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