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Royal Bank of Canada (Royal Bank of Canada) Median PS Value

: $97.89 (As of Today)
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This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Royal Bank of Canada's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $29.065. Royal Bank of Canada's 10-Year median PS Ratio is 3.368. Therefore, the Median PS Value for today is $97.89.

As of today (2024-04-19), Royal Bank of Canada's share price is $97.86. Royal Bank of Canada's Median PS Value is $97.89. Therefore, Royal Bank of Canada's Price to Median PS Value for today is 1.00.

The historical rank and industry rank for Royal Bank of Canada's Median PS Value or its related term are showing as below:

RY' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.82   Med: 1.06   Max: 1.23
Current: 1

During the past 13 years, the highest Price to Median PS Value of Royal Bank of Canada was 1.23. The lowest was 0.82. And the median was 1.06.

RY's Price-to-Median-PS-Value is ranked worse than
67.64% of 955 companies
in the Banks industry
Industry Median: 0.84 vs RY: 1.00

Royal Bank of Canada Median PS Value Historical Data

The historical data trend for Royal Bank of Canada's Median PS Value 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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 78.77 [6] => 81.07 [7] => 93.76 [8] => 87.33 [9] => 97.52 )
Royal Bank of Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.77 81.07 93.76 87.33 97.52

Royal Bank of Canada Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Median PS Value 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 Premium Member Only Premium Member Only Premium Member Only 91.21 94.57 101.66 97.52 100.35

Competitive Comparison

For the Banks - Diversified subindustry, Royal Bank of Canada's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution

For the Banks industry and Financial Services sector, Royal Bank of Canada's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Royal Bank of Canada's Price-to-Median-PS-Value falls into.



Royal Bank of Canada Median PS Value Calculation

Royal Bank of Canada's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=29.065*3.368
=97.89

10-Year Median PS Ratio is 3.368.
Royal Bank of Canada's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $29.065.

* 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  (NYSE:RY) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Royal Bank of Canada's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=97.86/97.89
=1.00

* 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 Median PS Value Related Terms

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Royal Bank of Canada (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. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.