Royal Pretax Profit Margin from 2010 to 2024

RY Stock  CAD 136.62  0.39  0.29%   
Royal Bank Pretax Profit Margin yearly trend continues to be very stable with very little volatility. Pretax Profit Margin is likely to drop to 0.24. During the period from 2010 to 2024, Royal Bank Pretax Profit Margin quarterly data regression pattern had sample variance of  0.01 and median of  0.34. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.3
Current Value
0.24
Quarterly Volatility
0.08832571
 
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 main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 B, Interest Expense of 74.7 B or Selling General Administrative of 27.8 B, as well as many exotic indicators such as Short Term Coverage Ratios of 0.2, Price Earnings Ratio of 14.22 or Price To Sales Ratio of 2.12. Royal financial statements analysis is a perfect complement when working with Royal Bank Valuation or Volatility modules.
  
This module can also supplement various Royal Bank Technical models . Check out the analysis of Royal Bank Correlation against competitors.
To learn how to invest in Royal Stock, please use our How to Invest in Royal Bank guide.

Latest Royal Bank's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Royal Bank over the last few years. It is Royal Bank's Pretax Profit Margin 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.
Pretax Profit Margin10 Years Trend
Pretty Stable
   Pretax Profit Margin   
       Timeline  

Royal Pretax Profit Margin Regression Statistics

Arithmetic Mean0.32
Geometric Mean0.30
Coefficient Of Variation27.28
Mean Deviation0.05
Median0.34
Standard Deviation0.09
Sample Variance0.01
Range0.371
R-Value0.26
Mean Square Error0.01
R-Squared0.07
Significance0.34
Slope0.01
Total Sum of Squares0.11

Royal Pretax Profit Margin History

2024 0.24
2023 0.3
2021 0.41
2020 0.42
2019 0.31
2016 0.37
2015 0.35

About Royal Bank Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Royal Bank income statement, its balance sheet, and the statement of cash flows. Royal Bank investors use historical funamental indicators, such as Royal Bank's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Royal Bank investors may use each financial statement separately, they are all related. The changes in Royal Bank's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Royal Bank's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Royal Bank Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Royal Bank. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Pretax Profit Margin 0.30  0.24 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Royal Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Royal Bank's short interest history, or implied volatility extrapolated from Royal Bank options trading.

Currently Active Assets on Macroaxis

When determining whether Royal Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Royal Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Royal Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Royal Bank Stock:
Check out the analysis of Royal Bank Correlation against competitors.
To learn how to invest in Royal Stock, please use our How to Invest in Royal Bank guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary 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.
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Please note, there is a significant difference between Royal Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.