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Royal Caribbean Group (Royal Caribbean Group) Shiller PE Ratio

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Shiller PE for Stocks: The True Measure of Stock Valuation


Royal Caribbean Group Shiller PE Ratio Historical Data

The historical data trend for Royal Caribbean Group's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Royal Caribbean Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.25 42.02 - - -

Royal Caribbean Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Travel Services subindustry, Royal Caribbean Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Royal Caribbean Group Shiller PE Ratio Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Royal Caribbean Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Royal Caribbean Group's Shiller PE Ratio falls into.



Royal Caribbean Group Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Royal Caribbean Group's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Royal Caribbean Group's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.06/129.4194*129.4194
=1.060

Current CPI (Dec. 2023) = 129.4194.

Royal Caribbean Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.120 99.695 0.156
201406 0.620 100.560 0.798
201409 2.190 100.428 2.822
201412 0.490 99.070 0.640
201503 0.200 99.621 0.260
201506 0.840 100.684 1.080
201509 1.030 100.392 1.328
201512 0.940 99.792 1.219
201603 0.460 100.470 0.593
201606 1.060 101.688 1.349
201609 3.210 101.861 4.078
201612 1.210 101.863 1.537
201703 0.990 102.862 1.246
201706 1.710 103.349 2.141
201709 3.490 104.136 4.337
201712 1.340 104.011 1.667
201803 1.020 105.290 1.254
201806 2.190 106.317 2.666
201809 3.860 106.507 4.690
201812 1.500 105.998 1.831
201903 1.190 107.251 1.436
201906 2.250 108.070 2.695
201909 4.200 108.329 5.018
201912 1.300 108.420 1.552
202003 -6.910 108.902 -8.212
202006 -7.830 108.767 -9.317
202009 -6.290 109.815 -7.413
202012 -6.090 109.897 -7.172
202103 -4.660 111.754 -5.397
202106 -5.290 114.631 -5.972
202109 -5.590 115.734 -6.251
202112 -5.330 117.630 -5.864
202203 -4.580 121.301 -4.887
202206 -2.050 125.017 -2.122
202209 0.130 125.227 0.134
202212 -1.960 125.222 -2.026
202303 -0.190 127.348 -0.193
202306 1.700 128.729 1.709
202309 3.650 129.860 3.638
202312 1.060 129.419 1.060

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Royal Caribbean Group  (NYSE:RCL) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Royal Caribbean Group Shiller PE Ratio Related Terms

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Royal Caribbean Group (Royal Caribbean Group) Business Description

Traded in Other Exchanges
Address
1050 Caribbean Way, Miami, FL, USA, 33132
Royal Caribbean is the world's second-largest cruise company, operating 64 ships across five global and partner brands in the cruise vacation industry, with 10 more ships on order. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in the first quarter of 2021.
Executives
Arne Alexander Wilhelmsen director ANDERS WILHELMSEN & CO. AS, BEDDINGEN 8, AKER BRYGGE, OSLO Q8 NO-0118
Harri U Kulovaara officer: EVP, Maritime ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Michael W Bayley officer: EVP, International ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Laura H Bethge officer: President, Celebrity Cruises 1050 CARIBBEAN WAY, MIAMI FL 33132
Maritza Gomez Montiel director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Henry L Pujol officer: Vice President, Controller ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Naftali Holtz officer: Chief Financial Officer 1050 CARIBBEAN WAY, MIAMI FL 33132
Robert Alexander Lake officer: SVP, CLO, Secretary & CCO C/O WORLD FUEL SERVICES CORPORATION, 9800 N.W. 41ST STREET, MIAMI FL 33178
Jason T Liberty officer: President and CEO GATE NO 4, PLANT 10 / 11 GODREJ & BOYCE, PIROJSHANAGAR, LBS MARG, VIKHROLI (WEST), MUMBAI, MAHARASHTRA K7 400079
Rebecca Yeung director 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Vagn O Sorensen director ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Michael O Leavitt director LEAVITT PARTNERS LLC, 299 SOUTH MAIN STREET STE 2300, SALT LAKE CITY X1 84111
Lisa Lutoff-perlo officer: EVP, Operations, RCI 1050 CARIBBEAN WAY, MIAMI FL 33132
Bradley H Stein officer: SVP, GC & Chief Compliance Off 1050 CARIBBEAN WAY, MIAMI FL 33132
Roberto Martinoli officer: Pres & CEO, Silversea Cruises 1050 CARIBBEAN WAY, MIAMI FL 33132