CCL Carnival PE ratio, current and historical analysis
The P/E ratio for Carnival stock stands at 20.61 as of Nov 21, 2024. This takes into account the latest EPS of $1.23 and stock price of $25.35.
CCL PE ratio history
Over the last ten years, the average PE ratio of Carnival has been 18.65. The current 20.61 price-to-earnings ratio is 11% 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, but it is under its 5-year average.
CCL PE vs peers
CCL's PE ratio is below its peer stocks MAR and RCL.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CCL Carnival Corp | 20.61 | $34.02B |
| NCLH Norwegian Cruise Line Holdings Ltd | 21.41 | $11.77B |
| RCL Royal Caribbean Group | 23.69 | $63.88B |
| MAR Marriott International Inc | 29.56 | $78.77B |
Frequently asked questions
What is Carnival's PE ratio?
The price to earnings ratio for CCL stock as of Nov 21, 2024, stands at 20.61.
What is the 5-year average PE ratio for Carnival (CCL)?
The 5-year average PE ratio for CCL stock is 21.39.
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 11% 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 (Nov 21, 2024), Carnival's share price is $25.35. 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 20.61. PE RATIO(20.61) = STOCK PRICE($25.35) / TTM EPS($1.23)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.