Having had an opportunity to test Yamaha RX-V481BL vs Pioneer VSX-933, I’d like to share my impression here to facilitate your choice of a new AV receiver.
The number of channels for receivers is different - 5.1 versus 7.2, respectively, for devices. In terms of power, there are differences, the RX-V481BL has such a ratio W/Ohm - 80/6, while the VSX-933 has a power of 80/8, 165/6. The value of total harmonic distortion is also different, and for the RX-V481BL it is 0.09%, but for the VSX-933 it is 0.08%.
The manufacturer installed different DACs, the RX-V481BL received the model Burr-Brown 192 KHz/24-bit, but the VSX-933 is equipped with AK4458 384 KHz/32-bit. Each of the compared opponents supports Bi-amping. Both Yamaha RX-V481BL and Pioneer VSX-933 can transmit an audio signal directly to the amplifier and bypasses any DSP processing. Each of the receivers has a Bluetooth connector. Both devices can work with such Apple Music services: AirPlay. Access to the Spotify service is on each of the competitors. The number of available streaming services varies for receivers, the Yamaha RX-V481BL works with Pandora, Qobuz, JUKE, but the Pioneer VSX-933 works with Deezer, TIDAL, Pandora, TuneIn Radio. The quality of 4K/60Hz signal remains unchanged when transmitting from a source to a TV or projector via HDMI for both receivers. Signaling over HDMI in standby mode can provide the RX-V481BL and the VSX-933. Video scaling is only possible with the VSX-933. Operation with the Dolby Vision is only possible with the VSX-933.
The number of HDMI inputs/outputs varies depending on the receiver, the RX-V481BL has 4/1, and the VSX-933 has 6/1. HDMI Audio Return Channel is implemented in both devices. HDMI eARC is not supported by the RX-V481BL and the VSX-933. When comparing receivers, it becomes clear that each of the rivals can work with HDMI CEC. RX-V481BL and VSX-933 support the standard HDCP 2.2. In the presence of a built-in phono stage for connecting a vinyl player only at Pioneer VSX-933. There is an ECO mode in RX-V481BL. The Yamaha RX-V481BL and the Pioneer VSX-933 can be properly configured using the setup assistant.
A Dolby Atmos multichannel audio format is available only in the VSX-933. Only in the VSX-933 realized a DTS:X surround technology.