Royal Bank of Canada (TSX:RY) Book Value per Share: C$93.27 (As of Apr. 2026)

Royal Bank of Canada  (TSX:RY) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

Royal Bank of Canada Book Value per Share Related Terms

The historical data trend for Royal Bank of Canada's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Royal Bank of Canada Book Value per Share Chart

Royal Bank of Canada Annual Data
	Trend	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23	Oct24	Oct25
Book Value per Share		Get a 7-Day Free Trial					64.54	72.71	76.92	83.47	91.03

Royal Bank of Canada Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
Book Value per Share	Get a 7-Day Free Trial															86.58	88.28	91.03	92.10	93.27

TSX:RY vs JPM, BAC, WFC: Book Value per Share Comparison

For the Banks - Diversified subindustry, Royal Bank of Canada's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Royal Bank of Canada PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Royal Bank of Canada's PB Ratio distribution charts can be found below:

* The bar in red indicates where Royal Bank of Canada's PB Ratio falls into.

Royal Bank of Canada Book Value per Share Calculation

Royal Bank of Canada's Book Value Per Share for the fiscal year that ended in Oct. 2025 is calculated as:

Royal Bank of Canada's Book Value Per Share for the quarter that ended in Apr. 2026 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Royal Bank of Canada Business Description