The P/E ratio for Carnival stock stands at 44.31 as of Apr 18, 2024. This takes into account the latest EPS of $0.32 and stock price of $14.18.
Over the last ten years, the average PE ratio of Carnival has been 19.32. The current 44.31 price-to-earnings ratio is 129% more than the historical average. Analyzing the last ten years, CCL's PE ratio reached its highest point in the Feb 2024 quarter at 49.56, with a price of $15.86 and an EPS of $0.32. The Aug 2019 quarter saw the lowest point at 9.95, with a price of $44.08 and an EPS of $4.43.
Maximum annual increase: 31.93% in 2017
Maximum annual decrease: -38.37% in 2016
Year | PE ratio | Change |
---|---|---|
2023 | N/A | N/A |
2022 | N/A | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | 10.39 | -23.32% |
2018 | 13.55 | -25.47% |
2017 | 18.18 | 31.93% |
2016 | 13.78 | -38.37% |
2015 | 22.36 | -20.51% |
2014 | 28.13 | 5.95% |
Currently, CCL's PE ratio is above its 5 and 10-year averages.
CCL's PE ratio is less than its peer stock NCLH, but it is above MAR's and RCL's.
Stock name | PE ratio | Market cap |
---|---|---|
RCL Royal Caribbean Group | 19.34 | $32.91B |
MAR Marriott International Inc | 23.07 | $68.31B |
CCL Carnival Corp | 44.2 | $18.53B |
NCLH Norwegian Cruise Line Holdings Ltd | 46.91 | $7.79B |
The price to earnings ratio for CCL stock as of Apr 18, 2024, stands at 44.31.
The 5-year average PE ratio for CCL stock is 18.85.
The highest quarterly PE ratio in the last ten years has been 49.56 and it was in the Feb 2024 quarter.
CCL's price to earnings ratio is currently 129% above its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 18, 2024), Carnival's share price is $14.18. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $0.32. Therefore, Carnival's price to earnings ratio for today is 44.31. PE RATIO(44.31) = STOCK PRICE($14.18) / TTM EPS($0.32)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.