Is Royal Bank of Canada overvalued?

Royal Bank of Canada (RY) looks overvalued — trading about 30% above its fair value.

Overvalued

Price

$212.99

Fair value

$148.22

Current P/E

18.8

Normal P/E

13.1

Market cap

$296.01B

Dividend yield

2.2%

Return on equity

15.9%

Sector

Financial Services

Fair value compares RY's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 16 Aug 2026.

Related stocks