The P/E ratio for Carnival stock stands at 24.32 as of Jul 26, 2024. This takes into account the latest EPS of $0.71 and stock price of $17.27.
Over the last ten years, the average PE ratio of Carnival has been 18.98. The current 24.32 price-to-earnings ratio is 28% 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 MAR, but it is above RCL's and NCLH's.
Stock name | PE ratio | Market cap |
---|---|---|
RCL Royal Caribbean Group | 15.75 | $39.53B |
NCLH Norwegian Cruise Line Holdings Ltd | 23.09 | $7.92B |
CCL Carnival Corp | 24.32 | $22.63B |
MAR Marriott International Inc | 24.34 | $67.58B |
The price to earnings ratio for CCL stock as of Jul 26, 2024, stands at 24.32.
The 5-year average PE ratio for CCL stock is 20.7.
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 28% 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 (Jul 26, 2024), Carnival's share price is $17.27. The company's earnings per share for the trailing twelve months (TTM) ending May 2024 is $0.71. Therefore, Carnival's price to earnings ratio for today is 24.32. PE RATIO(24.32) = STOCK PRICE($17.27) / TTM EPS($0.71)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.