CCL
Carnival
PEG ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NYSE: CCL
- PEG Ratio
Carnival is trading with a PEG ratio of 0.7, based on Jul 2, 2026 data. Dividing the 12.08 PE ratio by the 17.3% earnings growth rate yields this valuation metric. Relative to the 0.39 average from the previous four quarters, the PEG ratio has soared by 81%.
CCL PEG ratio history
Historically, Carnival shows a PEG ratio averaging 0.6 across the past ten years. At 0.7, today's PE to growth ratio sits 17% above its historical average. The ten years high occurred in the May 2018 quarter at 3.77, reflecting maximum valuation relative to growth. The minimum was hit in the Nov 2024 quarter at 0.01, indicating optimal value relative to growth during that period.
Carnival PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.31 | 12.28 | 40% |
| 2024 | 0.01 | 16.95 | 2,600% |
| 2023 | N/A | N/A | 98.8% |
| 2022 | N/A | N/A | 39% |
| 2021 | N/A | N/A | 35.9% |
| 2020 | N/A | N/A | -404.1% |
| 2019 | N/A | 10.39 | -2.5% |
| 2018 | 0.58 | 13.55 | 23.3% |
| 2017 | N/A | 18.18 | -3.2% |
| 2016 | 0.21 | 13.78 | 65% |
| 2015 | 0.51 | 22.36 | 43.9% |
| 2014 | 1.83 | 28.13 | 15.4% |
| 2013 | N/A | 26.55 | -18.6% |
| 2012 | N/A | 23.15 | -31.3% |
| 2011 | N/A | 13.66 | -3.2% |
Carnival PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| May 2026 | 0.7 | 12.15 | 17.3% |
| Feb 2026 | 0.29 | 13.43 | 46% |
| Nov 2025 | 0.31 | 12.28 | 40% |
| Aug 2025 | 0.25 | 15.87 | 63.4% |
| May 2025 | 0.07 | 11.79 | 177.5% |
| Feb 2025 | 0.04 | 14.86 | 403.1% |
| Nov 2024 | 0.01 | 16.95 | 2,600% |
| Aug 2024 | 0.07 | 13.41 | 195.3% |
| May 2024 | 0.17 | 21.24 | 125.4% |
| Feb 2024 | 0.46 | 49.56 | 107.8% |
| Nov 2023 | N/A | N/A | 98.8% |
| Aug 2023 | N/A | N/A | 79.3% |
| May 2023 | N/A | N/A | 65.5% |
| Feb 2023 | N/A | N/A | 50.9% |
| Nov 2022 | N/A | N/A | 39% |
CCL average PEG ratio chart
CCL's PEG ratio today is higher than its 3, 5 and 10-year averages.
PEG comparison
With a PEG of 0.7, CCL is above the Consumer Cyclical sector and the industry average. But compared to its Consumer Cyclical sector average of 0.67, Carnival's PEG is only 4.5% higher.
CCL EPS growth
CCL Price vs fair value
CCL PEG vs peers
Compared to its peers, CCL has a PEG ratio under stock MAR, while above RCL's.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| RCL Royal Caribbean Group | 0.52 | $79.47B |
| CCL Carnival Corp | 0.7 | $38.23B |
| MAR Marriott International Inc | 4.64 | $98.34B |
| NCLH Norwegian Cruise Line Holdings Ltd | N/A | $9.08B |
Frequently asked questions
What is Carnival's PEG ratio?
Based on Jul 2, 2026 data, CCL carries a PEG ratio of 0.7.
What is the 3-year average PEG ratio for Carnival (CCL)?
Historical data over a 3-year period places CCL's average PEG ratio at 0.24.
What is the 5-year average PEG ratio for Carnival (CCL)?
Historical data over a 5-year period places CCL's average PEG ratio at 0.24.
What is the highest PEG ratio for CCL?
In the last ten years, CCL's peak PEG ratio of 3.77 was recorded in the May 2018 quarter.
How does the current PEG ratio for CCL compare to its historical average?
Compared to the 10-year average, CCL's PEG ratio is 17% higher.
How is CCL's PEG ratio calculated (Carnival PEG ratio formula)?
PEG equals PE divided by EPS growth (YoY TTM). As of Jul 2, 2026, Carnival has a P/E ratio of 12.08. Earnings grew at 17.3% over the TTM period ending May 2026. Applying the formula, this produces a price to earnings growth ratio of 0.7. PEG RATIO(0.7) = PE RATIO(12.08) / EPS GROWTH(17.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.