CCL Carnival PE ratio, current and historical analysis
The P/E ratio for Carnival stock stands at 21.79 as of Dec 20, 2024. This takes into account the latest EPS of $1.23 and stock price of $26.8.
CCL PE ratio history
Over the last ten years, the average PE ratio of Carnival has been 18.26. The current 21.79 price-to-earnings ratio is 19% 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.
Carnival PE ratio by year
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% |
CCL average PE ratio chart
Currently, CCL's PE ratio is above its 10-year average.
CCL PE vs peers
CCL's PE ratio is less than its peer stocks MAR and RCL, but it is above NCLH's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NCLH Norwegian Cruise Line Holdings Ltd | 21.53 | $11.83B |
| CCL Carnival Corp | 21.79 | $35.96B |
| RCL Royal Caribbean Group | 23.77 | $64.11B |
| MAR Marriott International Inc | 29.61 | $78.91B |
Frequently asked questions
What is Carnival's PE ratio?
The price to earnings ratio for CCL stock as of Dec 20, 2024, stands at 21.79.
What is the highest PE ratio for CCL?
The highest quarterly PE ratio in the last ten years has been 49.56 and it was in the Feb 2024 quarter.
How does the current PE ratio for CCL compare to its historical average?
CCL's price to earnings ratio is currently 19% above its 10-year historical average.
How is CCL's PE ratio calculated (Carnival PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Dec 20, 2024), Carnival's share price is $26.8. The company's earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $1.23. Therefore, Carnival's price to earnings ratio for today is 21.79. PE RATIO(21.79) = STOCK PRICE($26.8) / TTM EPS($1.23)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.