Royal Bank of Canada Stock
€90.93
Your prediction
Royal Bank of Canada Stock
Pros and Cons of Royal Bank of Canada in the next few years
Pros
Cons
Performance of Royal Bank of Canada vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Royal Bank of Canada | -0.380% | 0.254% | -1.120% | 1.780% | -0.710% | 17.770% | 27.854% |
| Bank of Montreal | -0.900% | 1.783% | -1.855% | 5.164% | -2.899% | 14.414% | 24.334% |
| Canadian Imperial Bank of Commerce | 0.070% | 1.153% | -3.618% | 16.623% | 3.086% | 6.839% | 21.630% |
| Axis Bank Ltd. GDR Regs | - | -0.840% | 1.724% | 25.532% | -0.840% | 62.983% | 29.813% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.When first glancing at the financials of the company RBC, known under the US symbol RY from the banking services industry, it's noticeable that the company holds a substantial market capitalization, which as of the latest data stands at approximately 174.77 billion USD. This indicates a strong market presence. The Price to Earnings (P/E) ratio is moderate at 11.83, suggesting the market prices its earnings reasonably in comparison to some peers.
Now, diving into a more detailed analysis, there are several pros and cons to consider:
Looking at valuations, RBC has a forward P/E of 10.75, which is lower than its trailing P/E, hinting that the earnings are expected to grow. The Price to Sales (P/S) ratio of 3.257 is relatively high for the banking sector, suggesting that RBC’s stock might be trading at a premium based on its sales. The Price to Book (P/B) ratio at 1.584, which is reasonable for the industry, provides investors a sense of how much they’re paying for the net assets of the company.
Comments
News
1 Wall Street Analyst Warns That 3M Stock Has 9% Downside Risk
With a forward P/E ratio of less than 10, and a great dividend yield of 6.5%, industrial conglomerate 3M Company (NYSE: MMM) looks for all the world like a high quality large-cap dividend stock
ChargePoint Stock Has 50% Upside, According to 1 Wall Street Analyst
ChargePoint's (NYSE: CHPT) sales and margins have dropped off in recent quarters, and the electric vehicle (EV) charging company even announced layoffs recently to save money. ChargePoint
Medical Properties Trust Stock Has 21% Upside, According to 1 Wall Street Analyst
With shares of Medical Properties Trust (NYSE: MPW) falling by 61% in the last 12 months, shareholders will be happy to hear that, at least in the eyes of certain people on Wall Street, the company