Royal Bank Of Canada (RY)
(Delayed Data from NYSE)
$121.92 USD
-1.14 (-0.93%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $121.84 -0.08 (-0.07%) 7:58 PM ET
3-Hold of 5 3
D Value D Growth A Momentum D VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
RY 121.92 -1.14(-0.93%)
Will RY be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for RY based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for RY
How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks
Is FlexShares International Quality Dividend ETF (IQDF) a Strong ETF Right Now?
RY: What are Zacks experts saying now?
Zacks Private Portfolio Services
How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks
3 Top-Ranked Dividend Stocks: A Smarter Way to Boost Your Retirement Income
Royal Bank of Canada Stock Gains as Higher Revenues Aid Q3 Earnings
Other News for RY
City National Bank to Decrease its Prime Interest Rate to 8.00%
What Canadian Bank Earnings Say About The Health Of The Financial Sector
RY January 2027 Options Begin Trading
Executive reshuffles: LLY, S and RY Companies in focus
Royal Bank of Canada appoints Katherine Gibson as CFO