HDFC Bank (HDB) vs Royal Bank Of Canada (RY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Royal Bank Of Canada (RY) has outperformed HDFC Bank (HDB) over the past year, gaining 31.1% versus a loss of 36.6%. Over five years, RY leads with a +81.3% price change compared with -41.6% for HDB. Royal Bank Of Canada is the larger company by market cap ($264.73 billion vs $113.79 billion), about 2.3 times the size.
On valuation, Royal Bank Of Canada trades at a lower forward P/E (15.2x vs 15.9x for HDFC Bank). HDFC Bank offers the higher dividend yield (58.72% vs 3.44%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HDB | RY |
|---|---|---|
| Share price | $22.14 | $191.22 |
| Market cap | $113.79B | $264.73B |
| 1-day change | -1.25% | -2.61% |
| YTD return | -39.41% | +12.16% |
| 1-year return | -36.58% | +31.09% |
| 5-year return | -41.55% | +81.27% |
| P/E ratio (TTM) | 14.28 | 16.72 |
| Forward P/E | 15.91 | 15.20 |
| EPS (TTM) | $1.55 | $11.44 |
| Dividend yield | 58.72% | 3.44% |
| Annual dividend | $13.00 | $6.58 |
| Revenue (latest FY) | $25.64B | — |
| Revenue growth (YoY) | +15.25% | — |
| Net income (latest FY) | $7.88B | — |
| Net margin | 30.75% | — |
| 52-week high | $37.45 | $218.57 |
| 52-week low | $21.77 | $143.13 |
| Distance from 52-week high | -40.88% | -12.51% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +37.90% | +8.43% |
| Average volume | 9.82M | 1.25M |
| Shares outstanding | 5.14B | 1.38B |
| Employees | 212,958 | 101,269 |
| Sector | Finance | Finance |
| Industry | Commercial Banks | Commercial Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Royal Bank Of Canada is about 2.3 times larger than HDFC Bank by market value ($264.73B vs $113.79B).
- RY has outperformed HDB by 67.7 percentage points over the past year.
- HDFC Bank offers a meaningfully higher dividend yield (58.72% vs 3.44%).
About HDFC Bank
HDB stock →HDFC Bank Limited provides banking and financial products and services to individuals and businesses in India, Bahrain, Hong Kong, Singapore, and Dubai. The company operates through Treasury, Retail Banking, Wholesale Banking, Other Banking Business, Insurance Business, and Other segments.
Finance · Commercial Banks · 212,958 employees
About Royal Bank Of Canada
RY stock →Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions.
Finance · Commercial Banks · 101,269 employees
HDB vs RY FAQ
Which is bigger, HDFC Bank or Royal Bank Of Canada?
Royal Bank Of Canada (RY) is larger, with a market capitalization of $264.73B compared with $113.79B for HDFC Bank (HDB).
Which stock has performed better over the past year, HDB or RY?
RY returned +31.09% over the past 12 months, compared with -36.58% for HDB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HDB or RY?
HDB has the lower trailing P/E at 14.3, versus 16.7 for RY. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, HDFC Bank or Royal Bank Of Canada?
HDFC Bank has the higher yield at 58.72%, compared with 3.44% for Royal Bank Of Canada.
Are HDFC Bank and Royal Bank Of Canada in the same industry?
Yes. Both are classified in the Commercial Banks industry within the Finance sector.