• Royal Bank Of Canada average price/book ratio for 2024 was 1.62, a 9.46% increase from 2023.
• Royal Bank Of Canada average price/book ratio for 2023 was 1.48, a 4.52% increase from 2022.
• Royal Bank Of Canada average price/book ratio for 2022 was 1.55, a 0% decline from 2021.

Price/book ratio can be defined as