Royal Bank of Canada (TSX:RY) Buyback Yield %: 1.11 (As of Jul. 03, 2026) — 73% Above Median


TSX:RY Royal Bank of Canada TSX:RY
77 GF Score
Price C$290.43
GF Value C$205.03
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Royal Bank of Canada Buyback Yield %?

Royal Bank of Canada TSX:RY -1.11% 77 Buyback Yield % is 1.11 as of Jul. 03, 2026, which is 73% above its 10-year median of 0.64. GuruFocus rates TSX:RY with a GF Score™ of 77/100 and a GF Value™ of C$205.03 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 626 Banks companies, Royal Bank of Canada ranks better than 65.18% on this metric.

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Royal Bank of Canada's current buyback yield was 1.11%.


Royal Bank of Canada Buyback Yield % Historical Data

* Premium members only.

The historical data trend for Royal Bank of Canada's Buyback Yield % 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 Buyback Yield % Chart

Royal Bank of Canada Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 3.21 -0.11 -0.09 0.95

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
Buyback Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.64 0.95 1.05 1.32

TSX:RY vs JPM, BAC, WFC: Buyback Yield % Comparison

For the Banks - Diversified subindustry, Royal Bank of Canada's Buyback Yield %, along with its competitors' market caps and Buyback Yield % 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 Buyback Yield % vs Banks Industry

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

* The bar in red indicates where Royal Bank of Canada's Buyback Yield % falls into.


TSX:RY
77GF Score
Royal Bank of Canada TSX:RY
Buyback Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Bank of Canada Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Royal Bank of Canada's Buyback Yield for the fiscal year that ended in Oct. 2025 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (-13495 + 10771) / 287681.42358
=0.95%

Royal Bank of Canada's annualized Buyback Yield for the quarter that ended in Apr. 2026 is calculated as

Buyback Yield=Net Issuance of Stock(TTM) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) (TTM)** / Market Cap
=- (-17092 + 12611) / 339380.06047
=1.32%

* 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.

** If the quarter corresponds to the year-end period, we will use the annual Repurchase of Stock and Issuance of Stock data .

Frequently Asked Questions Learn more about Buyback Yield % →
What does a Buyback Yield % of 1.11 mean?
Royal Bank of Canada (TSX:RY) has a Buyback Yield % of 1.11 as of Jul. 03, 2026. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Royal Bank of Canada and its competitors. This is 73% above median its historical median of 0.64. According to the industry distribution chart, Royal Bank of Canada ranks #218 out of 626 companies in the Banks industry, placing it in the top 34.8%.
Is Royal Bank of Canada's Buyback Yield % too high?
Royal Bank of Canada's current Buyback Yield % of 1.11 is 73% above median its 10-year median of 0.64. The Banks industry median Buyback Yield % is 0.42. Royal Bank of Canada's value of 1.11 is 164.3% above this industry median. Based on the distribution chart, Royal Bank of Canada ranks #218 out of 626 companies in the Banks industry, which is above the industry midpoint. Overall, Royal Bank of Canada has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal Bank of Canada's Buyback Yield % compare to JPM and BAC?
According to the Banks industry distribution chart, Royal Bank of Canada ranks #218 out of 626 companies for Buyback Yield %. This puts Royal Bank of Canada in the upper half of its industry. The industry median Buyback Yield % is 0.42. Royal Bank of Canada's value of 1.11 is 164.3% above this benchmark. While the company's 10-year median is 0.64 vs. the industry median of 0.42, Royal Bank of Canada has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buyback Yield % for a Banks company?
The median Buyback Yield % among Banks companies is 0.42, based on 626 companies in the industry. Companies in the top quartile (top 25%) have a Buyback Yield % significantly above this median, while those in the bottom quartile fall well below. However, Buyback Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Royal Bank of Canada's current Buyback Yield % of 1.11 is 164.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Buyback Yield % mean?
A high Buyback Yield % can signal that a stock is expensive relative to its fundamentals. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Royal Bank of Canada and its competitors. For the Banks industry, the median Buyback Yield % is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Bank of Canada's current Buyback Yield % is 1.11, which is 73% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Bank of Canada stock overvalued right now?
Based on GuruFocus' analysis, Royal Bank of Canada (TSX:RY) is currently considered Significantly Overvalued. The stock's GF Value™ is C$205.03, compared to a current price of C$290.43 — trading 41.7% above its estimated fair value. The current Buyback Yield % is 1.11, which is 73% above median its 10-year median of 0.64 and 164.3% above the Banks industry median of 0.42. Royal Bank of Canada's overall GF Score™ is 77/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buyback Yield % calculated?
Buyback Yield % is calculated from a company's financial statements. For Royal Bank of Canada (TSX:RY), the current Buyback Yield % is 1.11 as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Royal Bank of Canada (TSX:RY) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Bank of Canada stock appears to be overvalued. The current stock price of C$290.43 is trading 41.7% above its estimated GF Value™ of C$205.03. GuruFocus considers Royal Bank of Canada to be Significantly Overvalued.

Key valuation signals for TSX:RY:

  • Buyback Yield %: 1.11 (73% above median its 10-year median of 0.64)
  • GF Value™: C$205.03 vs. price of C$290.43 (41.7% above fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 164.3% above the Banks median (#218 of 626)

No single metric tells the full story. See the TSX:RY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Royal Bank of Canada 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, with around CAD 2.4 trillion in assets at the end of April 2026. It is a diversified financial services company, offering personal and commercial banking, wealth management, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada and has dominant market shares. RBC also has wealth and capital market businesses in the US, UK, and other countries. RBC is a top 15 investment bank globally.
77GF Score

Get the complete analysis for TSX:RY

Buyback Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$290.43
Price
C$205.03
GF Value