Intrinsiqs

Is Royal Bank of Canada overvalued?

Royal Bank of Canada (RY) looks overvalued — trading about 28% above its fair value.

Overvalued
Current price $204.79 Fair value $148.22
Price
$204.79
Fair value
$148.22
Current P/E
18.1
Normal P/E
13.1
Market cap
$284.61B
Dividend yield
3.0%
Return on equity
14.6%
Sector
Financial Services

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Fair value compares RY's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 4 Jul 2026.