Rolls Royce shares: should you book profits before results next month?

Rolls Royce shares had a monumental 2023. The company reminded investors why it had been held in such high esteem and demonstrated the challenges of the pandemic had been confined to history.

However, after the Rolls Royce share price rallied 222% in 2023 and with results due next month, investors will be asking whether now is the time to bank profits.

In this article, we explore the merits of Rolls Royce shares above 300p and the key metrics investors should be conscious of.

We start by simply looking at the valuation of the shares. Yes, on a historical earnings basis, Rolls Royce s...

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