Does Royal Bank of Canada (TSX:RY) Still Offer Value After Strong Multi‑Year Share Gains

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This article analyzes whether Royal Bank of Canada (TSX:RY) still offers value after significant share gains. Using an Excess Returns model, the stock appears undervalued by 25.9%, suggesting an intrinsic value of CA$320.91 per share against a recent price of CA$237.82. However, a Price-to-Earnings (P/E) ratio of 16.76x, which is above the industry average and the Fair Ratio of 16.01x, indicates it might be slightly overvalued on that metric.

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