Companies: 10,795·Total market cap: $144.5T
Royal Bank of Canada

Royal Bank of Canada

RY.TOTSXFinancial Services● Active
$272.58
+$1.98(+0.73%)
Market Cap$380.7B
P/E Ratio
52W High$273.64
52W Low$173.39

Royal Bank of Canada (RY.TO) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

ry.to · pe ratio · data through Oct 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Royal Bank of Canada (RY.TO) measures how much investors pay for each dollar of the company's trailing earnings. RY.TO's current PE ratio of 17.03x is calculated by dividing its stock price of $272.58 by its TTM earnings per share of $15.89. +37.0% elevated vs 5Y avg 12.4x

17.03x
P/E Ratio (TTM)+37.0%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-10-31

Forward P/E
16.97x
FY2026 est. EPS $16.07
Based on 9 analysts
EPS (TTM)
$15.89
TTM · diluted EPS
PEG Ratio
0.75
Below 1.0 · Growth adjusted
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Royal Bank of Canada SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 12.4x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 20 fiscal years · Front-end computed
Average
12.9x
20-yr mean
Median
12.5x
20-yr midpoint
Minimum
10.5x
Lowest year
Maximum
19.9x
Highest year
17.0x ← Now
10.5x
Min
Q1 · 25%12.5x
Median
Q3 · 75%19.9x
Max
Historically Elevated

At 17.03x, RY.TO's current P/E is higher than in 95% of its annual fiscal year readings over the past 20 years — historically elevated.

95th percentileHigher than 19 of 20 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Banks - Diversified · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Royal Bank of Canada
Royal Bank of CanadaYou
RY.TO
$380.7B17.03x+33.7%$15.89
BlackRock, Inc.
BlackRock, Inc.
BLK.NE
$204.0B28.89x+126.8%$0.70
Bank of Montreal
Bank of Montreal
BMO.TO
$161.2B14.44x+13.4%$12.06
The Bank of Nova Scotia
The Bank of Nova Scotia
BNS.TO
$138.3B14.69x+15.3%$6.26
Bank of America Corporation
Bank of America Corporation
BOFA.NE
$521.0B4.94x-61.2%$4.12
Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce
CM.TO
$141.5B12.90x+1.2%$9.01
The Goldman Sachs Group, Inc.
The Goldman Sachs Group, Inc.
GS.NE
$414.0B0.56x-95.6%$55.74
Industry Average
6 peers with valid PE
12.74xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-10-31Latest
FY2025
14.22x$14.45-3.1%
2024-10-31
FY2024
14.67x$11.48+39.1%
2023-10-31
FY2023
10.55x$10.50-5.8%
2022-10-31
FY2022
11.20x$11.25-2.4%
2021-10-31
FY2021
11.48x$11.26-1.0%
2020-10-31
FY2020
11.60x$8.03-2.1%
2019-10-31
FY2019
11.85x$8.96+6.1%
2018-10-31
FY2018
11.17x$8.59-13.7%
2017-10-31
FY2017
12.95x$7.79+8.2%
2016-10-31
FY2016
11.97x$7.00+10.1%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Royal Bank of Canada (RY.TO) measures how much investors pay for each dollar of the company's trailing earnings. RY.TO's current PE ratio of 17.03x is calculated by dividing its stock price of $272.58 by its TTM earnings per share of $15.89.

PE Ratio = Stock Price ÷ EPS (TTM)
= $272.58 ÷ $15.89 = 17.03x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

RY.TO pe ratio · 6 questions

RY.TO's current PE ratio is 17.03x as of 2026-06-08, based on a stock price of $272.58 and TTM EPS of $15.89. Data sourced from Financial Modeling Prep via RY.TO's SEC 10-K and 10-Q filings.

RY.TO PE ratioWhat is RY.TO PE ratioCurrent PE ratio of RY.TORY.TO PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Royal Bank of Canada SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08