Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Royal Bank of Canada's share price for the quarter that ended in Apr. 2026 was €150.68. Royal Bank of Canada's Shares Outstanding (EOP) for the quarter that ended in Apr. 2026 was 1,389 Mil. Therefore, Royal Bank of Canada's market cap for the quarter that ended in Apr. 2026 was €209,315 Mil.
Royal Bank of Canada's quarterly market cap
increased
from Oct. 2025 (€177,590 Mil) to Jan. 2026 (€197,448 Mil) and
increased
from Jan. 2026 (€197,448 Mil) to Apr. 2026 (€209,315 Mil).
Royal Bank of Canada's annual market cap
increased
from Oct. 2023 (€105,458 Mil) to Oct. 2024 (€158,481 Mil) and
increased
from Oct. 2024 (€158,481 Mil) to Oct. 2025 (€177,590 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Royal Bank of Canada's Enterprise Value for Today is €552,023 Mil.
Royal Bank of Canada (FRA:RYC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Royal Bank of Canada Market Cap Related Terms
Royal Bank of Canada Market Cap Historical Data
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The historical data trend for Royal Bank of Canada's Market Cap 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.
For the Banks - Diversified subindustry, Royal Bank of Canada's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Banks Industry
For the Banks industry and Financial Services sector, Royal Bank of Canada's Market Cap distribution charts can be found below:
* The bar in red indicates where Royal Bank of Canada's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Royal Bank of Canada's Market Cap for the fiscal year that ended in Oct. 2025 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.
Royal Bank of Canada (FRA:RYC) has a Market Cap of €248,054 Mil as of Jun. 27, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Royal Bank of Canada and its competitors. According to the industry distribution chart, Royal Bank of Canada ranks #6 out of 1544 companies in the Banks industry, placing it in the top 0.40000000000001%.
Is Royal Bank of Canada's Market Cap too high?
Royal Bank of Canada's current Market Cap is €248,054 Mil. Based on the distribution chart, Royal Bank of Canada ranks #6 out of 1544 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Royal Bank of Canada has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal Bank of Canada's Market Cap compare to JPM and BAC?
According to the Banks industry distribution chart, Royal Bank of Canada ranks #6 out of 1544 companies for Market Cap. This places Royal Bank of Canada in the top 0% of its industry — outperforming the majority of peers. The industry median Market Cap is 705.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Banks company?
The median Market Cap among Banks companies is 705.40, based on 1,544 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Royal Bank of Canada and its competitors. For the Banks industry, the median Market Cap is 705.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Bank of Canada's current Market Cap is €248,054 Mil. 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 (FRA:RYC) is currently considered Significantly Overvalued. The stock's GF Value™ is €126.48, compared to a current price of €178.00 — trading 40.7% above its estimated fair value. The current Market Cap is €248,054 Mil. Royal Bank of Canada's overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Royal Bank of Canada (FRA:RYC), the current Market Cap is €248,054 Mil as of Jun. 27, 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 (FRA:RYC) Overvalued in 2026?
Based on GuruFocus' analysis, Royal Bank of Canada stock appears to be overvalued.
The current stock price of €178.00 is trading 40.7% above its estimated GF Value™ of €126.48.
GuruFocus considers Royal Bank of Canada to be Significantly Overvalued.
Key valuation signals for FRA:RYC:
Market Cap: €248,054 Mil
GF Value™: €126.48 vs. price of €178.00 (40.7% above fair value)
No single metric tells the full story. See the FRA:RYC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
73GF Score
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