Royal Price Earnings Ratio from 2010 to 2024

RY Stock  USD 124.32  0.76  0.61%   
Royal Bank Price Earnings Ratio yearly trend continues to be fairly stable with very little volatility. Price Earnings Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Royal Bank Price Earnings Ratio regression line of annual values had r-squared of  0.16 and arithmetic mean of  12.90. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
11.92
Current Value
14.22
Quarterly Volatility
4.22313518
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Royal Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Royal Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.5 B, Interest Expense of 0.0 or Selling General Administrative of 416.7 M, as well as many indicators such as Price To Sales Ratio of 2.13, Dividend Yield of 0.0424 or PTB Ratio of 1.5. Royal financial statements analysis is a perfect complement when working with Royal Bank Valuation or Volatility modules.
  
Check out the analysis of Royal Bank Correlation against competitors.

Latest Royal Bank's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Royal Bank of over the last few years. It is Royal Bank's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Royal Bank's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Slightly volatile
   Price Earnings Ratio   
       Timeline  

Royal Price Earnings Ratio Regression Statistics

Arithmetic Mean12.90
Geometric Mean12.49
Coefficient Of Variation32.74
Mean Deviation2.17
Median11.85
Standard Deviation4.22
Sample Variance17.83
Range17.3924
R-Value(0.40)
Mean Square Error16.16
R-Squared0.16
Significance0.14
Slope(0.38)
Total Sum of Squares249.69

Royal Price Earnings Ratio History

2024 14.22
2023 11.92
2022 10.37
2021 11.2
2020 11.48
2019 11.6
2018 11.85

About Royal Bank Financial Statements

Royal Bank investors use historical fundamental indicators, such as Royal Bank's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Royal Bank. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio 11.92  14.22 

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Additional Tools for Royal Stock Analysis

When running Royal Bank's price analysis, check to measure Royal Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Royal Bank is operating at the current time. Most of Royal Bank's value examination focuses on studying past and present price action to predict the probability of Royal Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Bank's price. Additionally, you may evaluate how the addition of Royal Bank to your portfolios can decrease your overall portfolio volatility.