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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Royal Bank of Canada's current 3-Month Share Buyback Ratio was 0.55%.
Royal Bank of Canada (NYSE:RY) 3-Month Share Buyback Ratio Explanation
A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Royal Bank of Canada 3-Month Share Buyback Ratio Related Terms
RY vs JPM, BAC, WFC: 3-Month Share Buyback Ratio Comparison
For the Banks - Diversified subindustry, Royal Bank of Canada's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month Share Buyback 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 3-Month Share Buyback Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Royal Bank of Canada's 3-Month Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Royal Bank of Canada's 3-Month Share Buyback Ratio falls into.
* 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.
What does a 3-Month Share Buyback Ratio of 0.55 mean?
Royal Bank of Canada (RY) has a 3-Month Share Buyback Ratio of 0.55 as of Apr. 2026. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Royal Bank of Canada and its competitors.
Is Royal Bank of Canada's 3-Month Share Buyback Ratio too high?
Royal Bank of Canada's current 3-Month Share Buyback Ratio is 0.55. 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 3-Month Share Buyback Ratio compare to JPM and BAC?
Royal Bank of Canada's 3-Month Share Buyback Ratio of 0.55 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Month Share Buyback Ratio for a Banks company?
A good 3-Month Share Buyback Ratio depends on the Banks industry context. However, 3-Month Share Buyback Ratio 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 3-Month Share Buyback Ratio mean?
A high 3-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Royal Bank of Canada and its competitors. Royal Bank of Canada's current 3-Month Share Buyback Ratio is 0.55. 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 (RY) is currently considered Significantly Overvalued. The stock's GF Value™ is $146.29, compared to a current price of $210.88 — trading 44.2% above its estimated fair value. The current 3-Month Share Buyback Ratio is 0.55. 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 3-Month Share Buyback Ratio calculated?
3-Month Share Buyback Ratio is calculated from a company's financial statements. For Royal Bank of Canada (RY), the current 3-Month Share Buyback Ratio is 0.55 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 (RY) Overvalued in 2026?
Based on GuruFocus' analysis, Royal Bank of Canada stock appears to be overvalued.
The current stock price of $210.88 is trading 44.2% above its estimated GF Value™ of $146.29.
GuruFocus considers Royal Bank of Canada to be Significantly Overvalued.
Key valuation signals for RY:
3-Month Share Buyback Ratio: 0.55
GF Value™: $146.29 vs. price of $210.88 (44.2% above fair value)
No single metric tells the full story. See the RY 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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3-Month Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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