Royal Bank Of Stock Price To Earnings To Growth
| RY Stock | CAD 166.09 0.56 0.34% |
Royal Bank of fundamentals help investors to digest information that contributes to Royal Bank's financial success or failures. It also enables traders to predict the movement of Royal Stock. The fundamental analysis module provides a way to measure Royal Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Royal Bank stock.
Royal | Price To Earnings To Growth |
Royal Bank of Company Price To Earnings To Growth Analysis
Royal Bank's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Current Royal Bank Price To Earnings To Growth | 2.31 X |
Most of Royal Bank's fundamental indicators, such as Price To Earnings To Growth, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Royal Bank of is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Royal Price To Earnings To Growth Driver Correlations
Understanding the fundamental principles of building solid financial models for Royal Bank is extremely important. It helps to project a fair market value of Royal Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since Royal Bank's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Royal Bank's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Royal Bank's interrelated accounts and indicators.
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Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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Royal Price Earnings To Growth Ratio
Price Earnings To Growth Ratio |
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Based on the latest financial disclosure, Royal Bank of has a Price To Earnings To Growth of 2.3144 times. This is 177.66% lower than that of the Banks sector and significantly higher than that of the Financials industry. The price to earnings to growth for all Canada stocks is 52.67% higher than that of the company.
Royal Price To Earnings To Growth Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Royal Bank's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Royal Bank could also be used in its relative valuation, which is a method of valuing Royal Bank by comparing valuation metrics of similar companies.Royal Bank is currently under evaluation in price to earnings to growth category among its peers.
Royal Bank ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Royal Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Royal Bank's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Royal Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0085 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.44 % | ||||
| Current Valuation | (45.72 B) | ||||
| Shares Outstanding | 1.41 B | ||||
| Shares Owned By Institutions | 50.96 % | ||||
| Number Of Shares Shorted | 6.23 M | ||||
| Price To Earning | 16.69 X | ||||
| Price To Book | 1.91 X | ||||
| Price To Sales | 4.12 X | ||||
| Revenue | 57.49 B | ||||
| Gross Profit | 57.13 B | ||||
| EBITDA | 21.45 B | ||||
| Net Income | 16.23 B | ||||
| Cash And Equivalents | 701.08 B | ||||
| Cash Per Share | 503.75 X | ||||
| Total Debt | 135.31 B | ||||
| Debt To Equity | 0.14 % | ||||
| Book Value Per Share | 86.89 X | ||||
| Cash Flow From Operations | 23.14 B | ||||
| Short Ratio | 1.48 X | ||||
| Earnings Per Share | 12.24 X | ||||
| Price To Earnings To Growth | 2.31 X | ||||
| Target Price | 185.93 | ||||
| Number Of Employees | 94.62 K | ||||
| Beta | 0.84 | ||||
| Market Capitalization | 235.4 B | ||||
| Total Asset | 2.17 T | ||||
| Retained Earnings | 88.61 B | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 3.80 % | ||||
| Net Asset | 2.17 T | ||||
| Last Dividend Paid | 5.7 |
About Royal Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Royal Bank of's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Royal Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Royal Bank of based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Royal Bank
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Royal Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Royal Bank will appreciate offsetting losses from the drop in the long position's value.Moving against Royal Stock
The ability to find closely correlated positions to Royal Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Royal Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Royal Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Royal Bank of to buy it.
The correlation of Royal Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Royal Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Royal Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Royal Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Bank of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.