Royal Bank Of Canada (RY) Price to Book (2009 - 2026)
Royal Bank Of Canada's (RY) Price to Book stood at 2.82 in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 53.1% from 1.84 a year earlier and up 14.9% from the prior quarter.
Royal Bank Of Canada (RY) Price to Book (2009 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Royal Bank Of Canada's Price to Book came in at 2.06, up 12.8% from FY2024.
- Across earlier fiscal years, Price to Book came in at 1.83 in FY2024 (+39.5%), 1.31 in FY2023 (-13.9%), 1.52 in FY2022 (-19.3%) and 1.89 in FY2021 (+22.2%).
- The fiscal Q3 2026 figure is the highest quarterly Price to Book since fiscal Q3 2017.
- On a year-over-year basis, Price to Book has increased for nine consecutive quarters, with growth averaging 25.9% over the last eight quarters.
- Peak year-over-year performance for Price to Book in the last five years was growth of 53.1% in fiscal Q3 2026, against a decline of 16.6% in fiscal Q4 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 2.45 (Q2 2026), 2.31 (Q1 2026) and 2.05 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - |
| 10 | American Express | 205.34 Bn | -2.83 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.82 |
| Apr 30, 2026 | 2.45 |
| Jan 31, 2026 | 2.31 |
| Oct 31, 2025 | 2.05 |
| Jul 31, 2025 | 1.84 |
| Apr 30, 2025 | 1.82 |
| Jan 31, 2025 | 1.84 |
| Oct 31, 2024 | 1.84 |
| Jul 31, 2024 | 1.72 |
| Apr 30, 2024 | 1.51 |
| Jan 31, 2024 | 1.59 |
| Oct 31, 2023 | 1.32 |
| Jul 31, 2023 | 1.63 |
| Apr 30, 2023 | 1.67 |
| Jan 31, 2023 | 1.77 |
| Oct 31, 2022 | 1.57 |
| Jul 31, 2022 | 1.72 |
| Apr 30, 2022 | 1.75 |
| Jan 31, 2022 | 2.02 |
| Oct 31, 2021 | 1.89 |
Royal Bank Of Canada Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=RY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "RY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=RY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();