Royal Bank of Canada (TSX:RY) EPS without NRI: C$15.67 (TTM As of Apr. 2026)


TSX:RY Royal Bank of Canada TSX:RY
77 GF Score
Price C$290.38
GF Value C$205.03
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Royal Bank of Canada EPS without NRI?

Royal Bank of Canada TSX:RY -0.02% 77 EPS without NRI is C$15.67 as of Apr. 2026. 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 1,412 Banks companies, Royal Bank of Canada ranks better than 54.25% on this metric.

Royal Bank of Canada's earnings per share without non-recurring items for the three months ended in Apr. 2026 was C$3.90. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Apr. 2026 was C$15.67.

During the past 12 months, Royal Bank of Canada's average earnings per share (NRI) Growth Rate was 21.40% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 8.80% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 9.90% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 7.90% 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 EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Royal Bank of Canada's EPS without NRI or its related term are showing as below:

TSX:RY' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -1.4   Med: 9.85   Max: 107.4
Current: 8.8

During the past 13 years, Royal Bank of Canada's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 107.40% per year. The lowest was -1.40% per year. And the median was 9.85% per year.

TSX:RY's 3-Year EPS without NRI Growth Rate is ranked better than
54.25% of 1412 companies
in the Banks industry
Industry Median: 7.3 vs TSX:RY: 8.80

Royal Bank of Canada's EPS (Diluted) for the three months ended in Apr. 2026 was C$3.85. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was C$15.39.

Royal Bank of Canada's EPS (Basic) for the three months ended in Apr. 2026 was C$3.86. Its EPS (Basic) for the trailing twelve months (TTM) ended in Apr. 2026 was C$15.42.


Royal Bank of Canada  (TSX:RY) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Royal Bank of Canada EPS without NRI Related Terms


Royal Bank of Canada EPS without NRI Historical Data

* Premium members only.

The historical data trend for Royal Bank of Canada's EPS without NRI 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 EPS without NRI Chart

Royal Bank of Canada Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.06 11.19 11.19 12.09 14.43

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
EPS without NRI 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 3.04 3.84 3.85 4.08 3.90

TSX:RY vs JPM, BAC, WFC: EPS without NRI Comparison

For the Banks - Diversified subindustry, Royal Bank of Canada's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Banks Industry

For the Banks industry and Financial Services sector, Royal Bank of Canada's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Royal Bank of Canada's PE Ratio without NRI falls into.


TSX:RY
77GF Score
Royal Bank of Canada TSX:RY
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Royal Bank of Canada EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$15.67

* 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.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of C$15.67 mean?
Royal Bank of Canada (TSX:RY) has a EPS without NRI of C$15.67 as of Apr. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Royal Bank of Canada and its competitors. According to the industry distribution chart, Royal Bank of Canada ranks #646 out of 1412 companies in the Banks industry, placing it in the top 45.8%.
Is Royal Bank of Canada's EPS without NRI too high?
Royal Bank of Canada's current EPS without NRI is C$15.67. Based on the distribution chart, Royal Bank of Canada ranks #646 out of 1412 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 EPS without NRI compare to JPM and BAC?
According to the Banks industry distribution chart, Royal Bank of Canada ranks #646 out of 1412 companies for EPS without NRI. This puts Royal Bank of Canada in the upper half of its industry. The industry median EPS without NRI is 7.30. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Banks company?
The median EPS without NRI among Banks companies is 7.30, based on 1,412 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Royal Bank of Canada and its competitors. For the Banks industry, the median EPS without NRI is 7.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Bank of Canada's current EPS without NRI is C$15.67. 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$290.38 — trading 41.6% above its estimated fair value. The current EPS without NRI is C$15.67. 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 EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Royal Bank of Canada (TSX:RY), the current EPS without NRI is C$15.67 as of Apr. 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$290.38 is trading 41.6% 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:

  • EPS without NRI: C$15.67
  • GF Value™: C$205.03 vs. price of C$290.38 (41.6% above fair value)
  • GF Score™: 77/100 with 8 warning signs

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

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$290.38
Price
C$205.03
GF Value