Royal Bank of CanadaSTU:RYC +0.15%77 PB Ratio is 3.07 as of Jun. 25, 2026, which is 54% above its 10-year median of 1.99. GuruFocus rates STU:RYC with a GF Score™ of 77/100 and a GF Value™ of €126.57 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,515 Banks companies, Royal Bank of Canada ranks worse than 96.04% on this metric.
Royal Bank of Canada stock PB Ratio (=3.09) is close to 10-year high of 3.09.
The historical rank and industry rank for Royal Bank of Canada's PB Ratio or its related term are showing as below:
STU:RYC'
s PB Ratio Range Over the Past 10 Years
Min: 1.43 Med: 1.99 Max: 3.09
Current: 3.09
During the past 13 years, Royal Bank of Canada's highest PB Ratio was 3.09. The lowest was 1.43. And the median was 1.99.
STU:RYC's PB Ratio is ranked worse than 96.04% of 1515
companies
in the Banks industry
Industry Median: 1.08
vs STU:RYC: 3.09
During the past 12 months, Royal Bank of Canada's average Book Value Per Share Growth Rate was 7.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.70% per year.
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 10.40% per year.
Back to Basics: PB Ratio
Royal Bank of Canada (STU:RYC) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Royal Bank of Canada PB Ratio Related Terms
Royal Bank of Canada PB Ratio Historical Data
* Premium members only.
The historical data trend for Royal Bank of Canada's PB Ratio 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 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.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Royal Bank of Canada (STU:RYC) has a PB Ratio of 3.07 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Royal Bank of Canada and its competitors. This is 54% above median its historical median of 1.99. Over the past decade, Royal Bank of Canada's PB Ratio has ranged from 1.43 to 3.09. According to the industry distribution chart, Royal Bank of Canada ranks #1455 out of 1515 companies in the Banks industry, placing it in the top 96%.
Is Royal Bank of Canada's PB Ratio too high?
Royal Bank of Canada's current PB Ratio of 3.07 is 54% above median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 3.09. The Banks industry median PB Ratio is 1.08. Royal Bank of Canada's value of 3.07 is 184.3% above this industry median. Based on the distribution chart, Royal Bank of Canada ranks #1455 out of 1515 companies in the Banks industry, which is in the bottom quartile relative to peers. 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 PB Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Royal Bank of Canada ranks #1455 out of 1515 companies for PB Ratio. This places Royal Bank of Canada in the lower half of its industry. The industry median PB Ratio is 1.08. Royal Bank of Canada's value of 3.07 is 184.3% above this benchmark. Historically, Royal Bank of Canada's own PB Ratio has ranged from 1.43 to 3.09 over the past decade. While the company's 10-year median is 1.99 vs. the industry median of 1.08, 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 PB Ratio for a Banks company?
The median PB Ratio among Banks companies is 1.08, based on 1,515 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Royal Bank of Canada's current PB Ratio of 3.07 is 184.3% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Royal Bank of Canada and its competitors. For the Banks industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Bank of Canada's current PB Ratio is 3.07, which is 54% above median its own 10-year median of 1.99. 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 (STU:RYC) is currently considered Significantly Overvalued. The stock's GF Value™ is €126.57, compared to a current price of €178.14 — trading 40.7% above its estimated fair value. The current PB Ratio is 3.07, which is 54% above median its 10-year median of 1.99 and 184.3% above the Banks industry median of 1.08. 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 PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Royal Bank of Canada (STU:RYC), the current PB Ratio is 3.07 as of Jun. 25, 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 (STU:RYC) Overvalued in 2026?
Based on GuruFocus' analysis, Royal Bank of Canada stock appears to be overvalued.
The current stock price of €178.14 is trading 40.7% above its estimated GF Value™ of €126.57.
GuruFocus considers Royal Bank of Canada to be Significantly Overvalued.
Key valuation signals for STU:RYC:
PB Ratio: 3.07 (54% above median its 10-year median of 1.99)
GF Value™: €126.57 vs. price of €178.14 (40.7% above fair value)
Industry Position: 184.3% above the Banks median (#1455 of 1515)
No single metric tells the full story. See the STU: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.
77GF Score
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