$Royal Bank of Canada (RY.US)$Launched in 1995, the main mar...

In the past 5 years, revenue has increased for 4 years except 2022, with an average growth rate of 5.7%. The 5-year average net profit was 14.21 billion Canadian dollars (US$10.55 billion). Preferred stock dividends in 2023 accounted for 1.6% of net profit, with little impact. The return on net assets in 2023 was 13.9%, and the 5-year arithmetic average was 15.8%.

Over the past five years, the balance ratio has basically been around 94.2%. Goodwill and other intangible assets were $18.501 billion, accounting for 15.7% of the net assets of $117.76 billion. Treasury shares are 240 million, and the share capital of common shares has increased a lot in recent years.

Currently, the price-earnings ratio is 12.65. The five-year average net profit corresponds to a price-earnings ratio of 13.1, a net price-earnings ratio of 1.69, and a dividend ratio of 3.9%. Dividends appear to be growing steadily in the long run, but the current valuation is not very attractive.