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Royal Bank Of Canada (RY, Diversified Banks) Stock Valuation & Fair Value Trading above its usual valuation

Royal Bank Of Canada (RY, Diversified Banks) trades at a blended P/E of 16.9, about 35% above its historical normal valuation, with a forward growth estimate of 8.6% and a PEG of 1.98. Analysts' one-year estimates have been hit 73% of the time. Priced at its historical normal P/E of 12.6 on the same blended earnings, the 2026-10-02 close of $195.67 corresponds to about $145 a share. This is a valuation reference, not a price target.

No quality score is published for this company, which is normal for insurers, banks and REITs. This rating reflects valuation and forecast return, and for the top ratings, credit rating, growth and analyst accuracy.

Blended P/E
16.9
Normal P/E
12.6
PEG
1.98
Fwd growth
8.6%
Div yield
2.1%
RSI (14)
28.9
Oversold
Technical context
  • Price $190.56 at the 2026-10-08 close, 4.6% below the 20-day average ($199.83) and 7.2% below the 50-day ($205.39).
  • RSI (14) at 28.9.
  • 52-week range $141.81 to $216.57: the price is 12.0% below the high and 34.4% above the low.

The Street vs SeerForecast

Wall Street's mean price target for RY is $206.93 across 3 analysts, 8.6% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: trading above its usual valuation. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from significantly overvalued (2026-08-21) to trading above its usual valuation (2026-10-05).

Blended P/E and rating by weekBlended P/E moved from 18.1 to 16.9 between 2026-08-21 and 2026-10-02, against a normal P/E of 12.6, with 1 rating change over 16 recorded weeks.2026-08-21: P/E 18.1, Significantly overvalued, recalculated for the week of 2026-08-212026-08-21: P/E 18.1, Significantly overvalued, recorded live 2026-08-242026-08-27: P/E 18.1, Significantly overvalued, recalculated for the week of 2026-08-272026-08-28: P/E 18.1, Significantly overvalued, recalculated for the week of 2026-08-282026-08-28: P/E 18.1, Significantly overvalued, recalculated for the week of 2026-08-302026-08-28: P/E 17.8, Significantly overvalued, recorded live 2026-08-312026-09-04: P/E 17.8, Significantly overvalued, recalculated for the week of 2026-09-052026-09-04: P/E 18.3, Significantly overvalued, recorded live 2026-09-072026-09-11: P/E 18.3, Significantly overvalued, recalculated for the week of 2026-09-122026-09-11: P/E 17.7, Significantly overvalued, recorded live 2026-09-142026-09-18: P/E 17.7, Significantly overvalued, recalculated for the week of 2026-09-192026-09-18: P/E 17.6, Significantly overvalued, recorded live 2026-09-212026-09-25: P/E 17.5, Trading above its usual valuation, recalculated for the week of 2026-09-262026-09-25: P/E 17.5, Trading above its usual valuation, recorded live 2026-09-282026-10-02: P/E 16.9, Trading above its usual valuation, recalculated for the week of 2026-10-032026-10-02: P/E 16.9, Trading above its usual valuation, recorded live 2026-10-0514.016.018.0Aug 21Aug 31Sep 11Sep 22Oct 2Normal P/E 12.6
Trading above its usual valuationSignificantly overvaluedLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-08-21P/E 18.1+44%Significantly overvalued (recalculated)
2026-09-07P/E 18.3+45%Significantly overvalued
2026-09-26P/E 17.5+40%Trading above its usual valuation (recalculated)
2026-10-03P/E 16.9+35%Trading above its usual valuation (recalculated)
2026-10-05P/E 16.9+35%Trading above its usual valuation ← now
Show all 16 weeks
WeekBlended P/EPremium to normal P/ERating
2026-08-21P/E 18.1+44%Significantly overvalued (recalculated)
2026-08-24P/E 18.1+44%Significantly overvalued
2026-08-27P/E 18.1+44%Significantly overvalued (recalculated)
2026-08-28P/E 18.1+44%Significantly overvalued (recalculated)
2026-08-30P/E 18.1+44%Significantly overvalued (recalculated)
2026-08-31P/E 17.8+41%Significantly overvalued
2026-09-05P/E 17.8+41%Significantly overvalued (recalculated)
2026-09-07P/E 18.3+45%Significantly overvalued
2026-09-12P/E 18.3+45%Significantly overvalued (recalculated)
2026-09-14P/E 17.7+41%Significantly overvalued
2026-09-19P/E 17.7+41%Significantly overvalued (recalculated)
2026-09-21P/E 17.6+40%Significantly overvalued
2026-09-26P/E 17.5+40%Trading above its usual valuation (recalculated)
2026-09-28P/E 17.5+40%Trading above its usual valuation
2026-10-03P/E 16.9+35%Trading above its usual valuation (recalculated)
2026-10-05P/E 16.9+35%Trading above its usual valuation ← now

Frequently asked questions

Is Royal Bank Of Canada stock overvalued?

At a blended P/E of 16.9 versus its historical normal P/E of 12.6, Royal Bank Of Canada trades about 35% above its typical valuation, with a PEG of 1.98 on 8.6% forward growth. tickerseer currently rates it trading above its usual valuation.

What is Royal Bank Of Canada's fair value and PEG?

Royal Bank Of Canada trades at a blended P/E of 16.9 against a historical normal P/E of 12.6, a PEG of 1.98, and a forward growth estimate of 8.6%. Priced at its historical normal P/E of 12.6 on the same blended earnings, the 2026-10-02 close of $195.67 corresponds to about $145 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Royal Bank Of Canada changed?

tickerseer's rating moved from significantly overvalued (2026-08-21) to trading above its usual valuation (2026-10-05).

What is the analyst price target for Royal Bank Of Canada?

The mean Wall Street price target for Royal Bank Of Canada is $206.93 across 3 analysts, 8.6% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Diversified Banks. Create a free account to see the full analysis: the SeerAI score, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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