Royal Bank Of Canada Earnings Yield:
8.22% for May 21, 2013Royal Bank Of Canada Historical Earnings Yield Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| May 21, 2013 | 8.22% |
| May 20, 2013 | 8.43% |
| May 17, 2013 | 8.46% |
| May 16, 2013 | 8.53% |
| May 15, 2013 | 8.54% |
| May 14, 2013 | 8.45% |
| May 13, 2013 | 8.42% |
| May 10, 2013 | 8.38% |
| May 9, 2013 | 8.36% |
| May 8, 2013 | 8.25% |
| May 7, 2013 | 8.32% |
| May 6, 2013 | 8.39% |
| May 3, 2013 | 8.43% |
| May 2, 2013 | 8.48% |
| May 1, 2013 | 8.51% |
| April 30, 2013 | 8.46% |
| April 29, 2013 | 8.53% |
| April 26, 2013 | 8.66% |
| April 25, 2013 | 8.64% |
| April 24, 2013 | 8.70% |
| April 23, 2013 | 8.76% |
| April 22, 2013 | 8.60% |
| April 19, 2013 | 8.54% |
| April 18, 2013 | 8.59% |
| April 17, 2013 | 8.55% |
| April 16, 2013 | 8.48% |
| April 15, 2013 | 8.62% |
| April 12, 2013 | 8.42% |
| April 11, 2013 | 8.42% |
| April 10, 2013 | 8.45% |
| April 9, 2013 | 8.63% |
| April 8, 2013 | 8.73% |
| April 5, 2013 | 8.71% |
| April 4, 2013 | 8.57% |
| April 3, 2013 | 8.46% |
| April 2, 2013 | 8.33% |
| April 1, 2013 | 8.48% |
| March 28, 2013 | 8.48% |
| March 27, 2013 | 8.56% |
| March 26, 2013 | 8.46% |
| March 25, 2013 | 8.53% |
| March 22, 2013 | 8.52% |
| March 21, 2013 | 8.62% |
| March 20, 2013 | 8.55% |
| March 19, 2013 | 8.60% |
| March 18, 2013 | 8.55% |
| March 15, 2013 | 8.47% |
| March 14, 2013 | 8.48% |
| March 13, 2013 | 8.54% |
| March 12, 2013 | 8.40% |
About Earnings Yield
Earnings yield is earnings per share from the previous four quarters divided by the share price. It is the reciprocal of the P/E ratio. The earnings yield is quoted as a percentage, which illustrates the percentage of each dollar invested that was earned by the company during the past twelve months.
The earnings yield can be used to compare the earnings of a stock, sector or the whole market against bond yields. Generally, the earnings yields of equities are higher than the yield of risk-free treasury bonds. Financial theorists argue that this difference exists because stock earnings are riskier than bond coupon payments.
If a company has an earnings yield of 64%, investors are purchasing $0.64 of earnings per dollar invested.
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RY Earnings Yield Benchmarks
| Companies | |
|---|---|
| Canadian Imperial Bank of Commerce | 10.22% |
| Bank of Nova Scotia | 9.18% |
| Toronto-Dominion Bank | 8.68% |
RY Earnings Yield Rankings
| Overall |
90th percentile 738 of 8002 |
| Sector |
77th percentile 211 of 955 in Financial Services |
| Industry |
0th percentile 4 of 4 in Banks - Regional - Canada |
RY Earnings Yield Range, Past 5 Years
| Minimum | 4.04% | Oct 19 2009 |
| Maximum | 14.12% | Jan 23 2009 |
| Average | 7.35% |
