Intrinsiqs

Is Royal Bank of Canada overvalued?

Royal Bank of Canada (RY) looks overvalued — trading about 24% above its fair value.

Overvalued
Current price $195.67 Fair value $148.22
Price
$195.67
Fair value
$148.22
Current P/E
17.3
Normal P/E
13.1
Market cap
$271.94B
Dividend yield
2.4%
Return on equity
16.1%
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 3 Oct 2026.