Royal Financial Ratios Analysis

RY Stock  CAD 140.96  1.07  0.76%   
Most ratios from Royal Bank's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Royal Bank current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Royal Bank Valuation and Royal Bank Correlation analysis.
  
At this time, Royal Bank's PB Ratio is very stable compared to the past year. As of the 9th of May 2024, EV To Sales is likely to grow to 7.73, while Price To Sales Ratio is likely to drop 2.12.
Most ratios from Royal Bank's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Royal Bank current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Royal Bank Valuation and Royal Bank Correlation analysis.
At this time, Royal Bank's PB Ratio is very stable compared to the past year. As of the 9th of May 2024, EV To Sales is likely to grow to 7.73, while Price To Sales Ratio is likely to drop 2.12.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03930.0360.04140.0424
Price To Sales Ratio3.632.742.462.12

Royal Bank fundamentals Correlations

-0.810.780.30.260.00.060.140.860.020.780.160.14-0.460.060.510.050.590.160.320.130.64-0.74-0.030.05-0.76
-0.81-0.65-0.39-0.50.24-0.260.04-0.750.16-0.65-0.450.050.59-0.18-0.680.14-0.560.06-0.35-0.01-0.320.91-0.09-0.020.84
0.78-0.65-0.24-0.19-0.15-0.42-0.070.61-0.311.0-0.19-0.07-0.01-0.360.060.410.580.42-0.12-0.060.73-0.530.19-0.05-0.61
0.3-0.39-0.240.770.10.620.260.420.15-0.240.50.24-0.630.760.77-0.69-0.16-0.630.730.11-0.34-0.46-0.120.06-0.24
0.26-0.5-0.190.770.160.830.340.240.31-0.190.710.32-0.910.850.95-0.850.1-0.750.870.25-0.43-0.62-0.260.27-0.47
0.00.24-0.150.10.16-0.010.970.090.36-0.15-0.330.97-0.250.260.1-0.220.02-0.270.560.1-0.110.02-0.14-0.03-0.06
0.06-0.26-0.420.620.83-0.010.12-0.020.45-0.420.90.1-0.740.620.74-0.650.06-0.520.630.26-0.33-0.3-0.30.26-0.22
0.140.04-0.070.260.340.970.120.210.33-0.07-0.191.0-0.420.410.31-0.350.06-0.380.710.08-0.11-0.16-0.11-0.04-0.2
0.86-0.750.610.420.240.09-0.020.21-0.190.610.070.21-0.450.040.440.080.540.050.32-0.080.48-0.80.18-0.19-0.78
0.020.16-0.310.150.310.360.450.33-0.19-0.310.230.33-0.310.330.25-0.290.13-0.020.310.74-0.140.21-0.80.610.08
0.78-0.651.0-0.24-0.19-0.15-0.42-0.070.61-0.31-0.19-0.07-0.01-0.360.060.410.580.42-0.12-0.060.73-0.530.19-0.05-0.61
0.16-0.45-0.190.50.71-0.330.9-0.190.070.23-0.19-0.2-0.610.420.67-0.470.17-0.340.430.19-0.16-0.42-0.190.24-0.31
0.140.05-0.070.240.320.970.11.00.210.33-0.07-0.2-0.410.390.3-0.330.07-0.360.70.08-0.09-0.15-0.11-0.04-0.2
-0.460.59-0.01-0.63-0.91-0.25-0.74-0.42-0.45-0.31-0.01-0.61-0.41-0.69-0.920.68-0.390.6-0.82-0.220.20.750.21-0.210.69
0.06-0.18-0.360.760.850.260.620.410.040.33-0.360.420.39-0.690.79-0.98-0.29-0.850.830.27-0.6-0.31-0.320.29-0.12
0.51-0.680.060.770.950.10.740.310.440.250.060.670.3-0.920.79-0.760.22-0.640.840.23-0.19-0.75-0.220.24-0.61
0.050.140.41-0.69-0.85-0.22-0.65-0.350.08-0.290.41-0.47-0.330.68-0.98-0.760.30.89-0.79-0.260.660.280.31-0.310.09
0.59-0.560.58-0.160.10.020.060.060.540.130.580.170.07-0.39-0.290.220.30.220.05-0.030.52-0.570.09-0.1-0.82
0.160.060.42-0.63-0.75-0.27-0.52-0.380.05-0.020.42-0.34-0.360.6-0.85-0.640.890.22-0.740.090.680.31-0.030.010.16
0.32-0.35-0.120.730.870.560.630.710.320.31-0.120.430.7-0.820.830.84-0.790.05-0.740.17-0.31-0.53-0.190.14-0.42
0.13-0.01-0.060.110.250.10.260.08-0.080.74-0.060.190.08-0.220.270.23-0.26-0.030.090.17-0.130.05-0.990.960.08
0.64-0.320.73-0.34-0.43-0.11-0.33-0.110.48-0.140.73-0.16-0.090.2-0.6-0.190.660.520.68-0.31-0.13-0.20.22-0.22-0.35
-0.740.91-0.53-0.46-0.620.02-0.3-0.16-0.80.21-0.53-0.42-0.150.75-0.31-0.750.28-0.570.31-0.530.05-0.2-0.150.040.93
-0.03-0.090.19-0.12-0.26-0.14-0.3-0.110.18-0.80.19-0.19-0.110.21-0.32-0.220.310.09-0.03-0.19-0.990.22-0.15-0.95-0.16
0.05-0.02-0.050.060.27-0.030.26-0.04-0.190.61-0.050.24-0.04-0.210.290.24-0.31-0.10.010.140.96-0.220.04-0.950.09
-0.760.84-0.61-0.24-0.47-0.06-0.22-0.2-0.780.08-0.61-0.31-0.20.69-0.12-0.610.09-0.820.16-0.420.08-0.350.93-0.160.09
Click cells to compare fundamentals

Royal Bank Account Relationship Matchups

Royal Bank fundamentals Accounts

201920202021202220232024 (projected)
Price To Sales Ratio2.823.723.632.742.462.12
Dividend Yield0.04770.03490.03930.0360.04140.0424
Ptb Ratio1.531.871.641.311.181.5
Book Value Per Share60.8669.2776.9984.5976.1379.93
Free Cash Flow Yield0.110.07881.030.320.150.14
Invested Capital1.043.093.933.733.363.53
Pb Ratio1.531.871.641.311.181.5
Ev To Sales(0.33)5.978.658.187.367.73
Roic0.06450.03970.05620.02670.03070.0292
Net Income Per Share8.0311.2611.2510.689.6110.09
Capex To Revenue(0.0492)(0.0558)(0.0441)(0.0513)(0.0485)(0.0586)
Cash Per Share209.03162.2171.41152.41137.17144.03
Pocfratio0.963.028.065.916.795.57
Interest Coverage1.022.532.110.30.270.26
Pfcf Ratio0.973.139.16.67.5914.11
Income Quality12.143.81.391.751.581.66
Pe Ratio11.611.4811.210.3711.9214.22
Ev To Free Cash Flow(0.11)5.0221.6919.7117.7418.63
Earnings Yield0.08620.08710.08930.09640.110.0902
Receivables Turnover2.532.21.861.882.173.7

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.

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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 Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Royal Bank Of Stock:
Check out Royal Bank Valuation and Royal Bank Correlation analysis.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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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.