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Royal Bank of Canada (TSX:RY.PR.G.PFD) 3-Year Book Growth Rate : 11.60% (As of Jan. 2024)


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What is Royal Bank of Canada 3-Year Book Growth Rate?

Royal Bank of Canada's Book Value per Share for the quarter that ended in Jan. 2024 was C$0.00.

During the past 12 months, Royal Bank of Canada's average Book Value per Share Growth Rate was 6.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was 11.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 9.50% per year. During the past 10 years, the average Book Value per Share Growth Rate was 9.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Royal Bank of Canada was 15.30% per year. The lowest was 4.00% per year. And the median was 10.95% per year.


Competitive Comparison of Royal Bank of Canada's 3-Year Book Growth Rate

For the Banks - Diversified subindustry, Royal Bank of Canada's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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's 3-Year Book Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Royal Bank of Canada's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Royal Bank of Canada's 3-Year Book Growth Rate falls into.



Royal Bank of Canada 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.


Royal Bank of Canada  (TSX:RY.PR.G.PFD) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Royal Bank of Canada 3-Year Book Growth Rate Related Terms

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Royal Bank of Canada (TSX:RY.PR.G.PFD) Business Description

Address
1 Place Ville-Marie, Corporate Secretary's Department, Montreal, QC, CAN, H3B 3A9
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.

Royal Bank of Canada (TSX:RY.PR.G.PFD) Headlines

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