Royal Bank of Canada P/S 2024

Royal Bank of Canada P/S

3.23

Royal Bank of Canada Dividend yield

4 %

Ticker

RY.TO

ISIN

CA7800871021

WKN

852173

As of Apr 19, 2024, Royal Bank of Canada's P/S ratio stood at 3.23, a 124.31% change from the 1.44 P/S ratio recorded in the previous year.

The Royal Bank of Canada P/S history

Royal Bank of Canada Aktienanalyse

What does Royal Bank of Canada do?

The Royal Bank of Canada, also known as RBC, was founded in 1864 in Halifax, Nova Scotia, making it the oldest bank in Canada. Since its establishment, the bank has grown to become one of the largest and most successful financial institutions in Canada and is now one of the world's leading banks. The RBC's business model is diverse and includes various areas such as personal and business banking, investment banking, asset management, and insurance. The bank operates in North America, Europe, and Asia and has over 16 million customers in more than 40 countries. In the personal banking sector, RBC offers numerous financial products and services including checking accounts, credit cards, mortgages, savings and investment accounts, and insurance. The bank also has a variety of specialized programs and offerings for students, seniors, young adults, and immigrants. In the business banking sector, RBC provides a wide range of financing solutions including loans, trade finance, leasing, cash management, and risk management. The bank also offers specialized advisory services for various industries such as healthcare, retail, construction, energy, and mining. In investment banking, RBC is involved in capital markets, mergers & acquisitions, corporate finance, and portfolio management. The bank has a strong presence in the North American and European capital markets and is known for its ability to successfully complete complex transactions. RBC also operates in the asset management sector, offering a wide range of investment products and services including stocks, bonds, investment funds, ETFs, and alternative investments. The bank has a strong presence in Canada, the US, and Europe, serving investors worldwide. Furthermore, RBC is one of the largest insurers in Canada, offering a wide range of insurance products for personal and business customers. The bank also has a strong presence in pension insurance, managing pensions for companies and other organizations. In recent years, RBC has expanded its presence in Asia and is now operating in major financial centers such as Hong Kong, Singapore, and Shanghai. The bank has also formed partnerships with leading financial institutions in China and India and is well-positioned to benefit from the growing demand for financial services in Asia. Overall, the Royal Bank of Canada is a leading financial institution that offers a wide range of products and services for personal and business customers. With a strong presence in North America, Europe, and Asia and a proud history of over 150 years, RBC is well-positioned to continue its success in the future. Royal Bank of Canada ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Royal Bank of Canada's P/S Ratio

Royal Bank of Canada's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Royal Bank of Canada's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Royal Bank of Canada's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Royal Bank of Canada’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Royal Bank of Canada Stock

What is the price-to-earnings ratio of Royal Bank of Canada?

The price-earnings ratio of Royal Bank of Canada is currently 3.23.

How has the price-earnings ratio of Royal Bank of Canada changed compared to last year?

The price-to-earnings ratio of Royal Bank of Canada has increased by 124.31% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Royal Bank of Canada high compared to other companies?

Yes, the price-to-earnings ratio of Royal Bank of Canada is high compared to other companies.

How does an increase in the price-earnings ratio of Royal Bank of Canada affect the company?

An increase in the price-earnings ratio of Royal Bank of Canada would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Royal Bank of Canada affect the company?

A decrease in the price-earnings ratio of Royal Bank of Canada would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Royal Bank of Canada?

Some factors that influence the price-earnings ratio of Royal Bank of Canada are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Royal Bank of Canada pay?

Over the past 12 months, Royal Bank of Canada paid a dividend of 5.34 CAD . This corresponds to a dividend yield of about 4 %. For the coming 12 months, Royal Bank of Canada is expected to pay a dividend of 5.76 CAD.

What is the dividend yield of Royal Bank of Canada?

The current dividend yield of Royal Bank of Canada is 4 %.

When does Royal Bank of Canada pay dividends?

Royal Bank of Canada pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of Royal Bank of Canada?

Royal Bank of Canada paid dividends every year for the past 23 years.

What is the dividend of Royal Bank of Canada?

For the upcoming 12 months, dividends amounting to 5.76 CAD are expected. This corresponds to a dividend yield of 4.32 %.

In which sector is Royal Bank of Canada located?

Royal Bank of Canada is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Royal Bank of Canada kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Royal Bank of Canada from 5/24/2024 amounting to 1.38 CAD, you needed to have the stock in your portfolio before the ex-date on 4/24/2024.

When did Royal Bank of Canada pay the last dividend?

The last dividend was paid out on 5/24/2024.

What was the dividend of Royal Bank of Canada in the year 2023?

In the year 2023, Royal Bank of Canada distributed 4.96 CAD as dividends.

In which currency does Royal Bank of Canada pay out the dividend?

The dividends of Royal Bank of Canada are distributed in CAD.

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Andere Kennzahlen von Royal Bank of Canada

Our stock analysis for Royal Bank of Canada Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Royal Bank of Canada Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.