Norwegian Cruise Line Holdings currently trades with a PEG ratio of 0.5, based on Nov 11, 2026 data. Dividing the 10.46 PE ratio by the 20.8% earnings growth rate produces this figure.
Historically, Norwegian Cruise Line Holdings maintains a PEG ratio averaging 1.38 across the last ten years. At 0.5, today's PEG ratio sits 64% lower than its historical average. The ten years high came in the Dec 2019 quarter at 11.24, reflecting peak valuation relative to growth. The bottom was reached in the Dec 2024 quarter at 0.03, suggesting favorable value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | N/A | 23.74 | -55% |
| 2024 | 0.03 | 12.31 | 435.9% |
| 2023 | 0.48 | 51.38 | 107.2% |
| 2022 | N/A | N/A | 56.1% |
| 2021 | N/A | N/A | 21.7% |
| 2020 | N/A | N/A | -463.7% |
| 2019 | 11.24 | 13.49 | 1.2% |
| 2018 | 0.35 | 9.9 | 28.5% |
| 2017 | 0.82 | 15.99 | 19.4% |
| 2016 | 0.32 | 15.24 | 47.6% |
| 2015 | 2.04 | 31.01 | 15.2% |
| 2014 | 0.13 | 28.51 | 228% |
| 2013 | N/A | 70.94 | -47.4% |
| 2012 | N/A | N/A | 33.8% |
| 2011 | N/A | N/A | 446.2% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 0.39 | 8.14 | 20.8% |
| Jun 2026 | 10.6 | 12.72 | 1.2% |
| Mar 2026 | N/A | 14.96 | -35.9% |
| Dec 2025 | N/A | 23.74 | -55% |
| Sep 2025 | 0.86 | 16.53 | 19.2% |
| Jun 2025 | 0.18 | 12.37 | 67.3% |
| Mar 2025 | 0.07 | 9.72 | 143.8% |
| Dec 2024 | 0.03 | 12.31 | 435.9% |
| Sep 2024 | 0.05 | 16.41 | 340.4% |
| Jun 2024 | 0.13 | 19.17 | 148.3% |
| Mar 2024 | 0.21 | 26.16 | 123.2% |
| Dec 2023 | 0.48 | 51.38 | 107.2% |
| Sep 2023 | N/A | N/A | 93.8% |
| Jun 2023 | N/A | N/A | 79.6% |
| Mar 2023 | N/A | N/A | 67.7% |
NCLH's PEG ratio today comes in under the 3, 5 and 10-year averages.
Norwegian Cruise Line Holdings's PEG of 0.5 is higher than the Consumer Cyclical sector average but lower than the industry average. But in comparison with the Consumer Cyclical sector average of 0.48, Norwegian Cruise Line Holdings's PEG is only 4.2% higher.
Among its peer stocks RCL and CCL, NCLH's PEG ratio comes in lower.
According to Nov 11, 2026 figures, NCLH's PEG ratio stands at 0.5.
NCLH shows a 3-year average PEG ratio of 1.3.
NCLH shows a 5-year average PEG ratio of 1.3.
NCLH's PEG ratio topped out at 11.24 during the Dec 2019 quarter - the highest in ten years.
Compared to the 10-year average, NCLH's PEG ratio sits 64% lower.
The PEG ratio derives from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Nov 11, 2026, Norwegian Cruise Line Holdings carries a PE ratio of 10.46. Earnings grew at 20.8% over the TTM period ending Sep 2026. Applying the formula, this yields a PEG ratio of 0.5. PEG RATIO(0.5) = PE RATIO(10.46) / EPS GROWTH(20.8%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.