Royal Caribbean Group (MEX:RCL) Cyclically Adjusted Book per Share: MXN760.63 (As of Jun. 2026)

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MEX:RCL Royal Caribbean Group MEX:RCL
75 GF Score
Price MXN5,199.00
GF Value MXN4,772.17
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Royal Caribbean Group Cyclically Adjusted Book per Share?

Royal Caribbean Group MEX:RCL -0.97% 75 Cyclically Adjusted Book per Share is MXN760.63 as of Jun. 2026. GuruFocus rates MEX:RCL with a GF Score™ of 75/100 and a GF Value™ of MXN4,772.17 (Fairly Valued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Royal Caribbean Group's adjusted book value per share for the three months ended in Jun. 2026 was MXN667.823. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN760.63 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Royal Caribbean Group's average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Royal Caribbean Group was 12.60% per year. The lowest was -3.00% per year. And the median was 5.60% per year.

As of today (2026-08-17), Royal Caribbean Group's current stock price is MXN5199.00. Royal Caribbean Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN760.63. Royal Caribbean Group's Cyclically Adjusted PB Ratio of today is 6.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Royal Caribbean Group was 8.37. The lowest was 0.52. And the median was 2.52.


Royal Caribbean Group  (MEX:RCL) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Royal Caribbean Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5199.00/760.63
=6.84

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Royal Caribbean Group was 8.37. The lowest was 0.52. And the median was 2.52.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Royal Caribbean Group Cyclically Adjusted Book per Share Related Terms


Royal Caribbean Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Royal Caribbean Group's Cyclically Adjusted Book per Share 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.

Royal Caribbean Group Cyclically Adjusted Book per Share Chart

Royal Caribbean Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 970.38 917.89 780.79 902.41 814.45

Royal Caribbean Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share 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 812.17 804.97 814.45 772.27 760.63

MEX:RCL vs ABNB, VIK, CCL: Cyclically Adjusted Book per Share Comparison

For the Travel Services subindustry, Royal Caribbean Group's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

* The bar in red indicates where Royal Caribbean Group's Cyclically Adjusted PB Ratio falls into.


MEX:RCL
75GF Score
Royal Caribbean Group MEX:RCL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Royal Caribbean Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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.

For example, Royal Caribbean Group's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=667.823/333.9520*333.9520
=667.823

Current CPI (Jun. 2026) = 333.9520.

Royal Caribbean Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 792.105 241.428 1,095.668
201612 876.335 241.432 1,212.158
201703 811.332 243.801 1,111.341
201706 813.760 244.955 1,109.415
201709 884.658 246.819 1,196.963
201712 985.234 246.524 1,334.640
201803 913.554 249.554 1,222.514
201806 1,005.757 251.989 1,332.894
201809 1,014.843 252.439 1,342.538
201812 1,043.244 251.233 1,386.734
201903 1,043.175 254.202 1,370.447
201906 1,057.852 256.143 1,379.198
201909 1,128.054 256.759 1,467.196
201912 1,098.702 256.974 1,427.824
202003 1,145.899 258.115 1,482.577
202006 988.145 257.797 1,280.050
202009 856.937 260.280 1,099.492
202012 734.069 260.474 941.145
202103 736.620 264.877 928.717
202106 616.192 271.696 757.385
202109 521.940 274.310 635.423
202112 409.407 278.802 490.392
202203 311.520 287.504 361.848
202206 268.029 296.311 302.077
202209 252.673 296.808 284.294
202212 219.144 296.797 246.578
202303 200.993 301.836 222.379
202306 225.119 305.109 246.400
202309 300.675 307.789 326.233
202312 312.710 306.746 340.445
202403 332.188 312.332 355.182
202406 427.620 314.175 454.538
202409 515.921 315.301 546.439
202412 586.581 315.605 620.681
202503 599.682 319.799 626.221
202506 635.605 322.561 658.051
202509 680.151 324.800 699.316
202512 668.298 324.054 688.711
202603 659.607 330.213 667.076
202606 667.823 333.952 667.823

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of MXN760.63 mean?
Royal Caribbean Group (MEX:RCL) has a Cyclically Adjusted Book per Share of MXN760.63 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Royal Caribbean Group and its competitors.
Is Royal Caribbean Group's Cyclically Adjusted Book per Share too high?
Royal Caribbean Group's current Cyclically Adjusted Book per Share is MXN760.63. Overall, Royal Caribbean Group has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Royal Caribbean Group's Cyclically Adjusted Book per Share compare to ABNB and VIK?
Royal Caribbean Group's Cyclically Adjusted Book per Share of MXN760.63 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Royal Caribbean Group and its competitors. Royal Caribbean Group's current Cyclically Adjusted Book per Share is MXN760.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Caribbean Group stock overvalued right now?
Based on GuruFocus' analysis, Royal Caribbean Group (MEX:RCL) is currently considered Fairly Valued. The stock's GF Value™ is MXN4,772.17, compared to a current price of MXN5,199.00 — trading 8.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN760.63. Royal Caribbean Group's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Royal Caribbean Group (MEX:RCL), the current Cyclically Adjusted Book per Share is MXN760.63 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Royal Caribbean Group (MEX:RCL) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Caribbean Group stock appears to be overvalued. The current stock price of MXN5,199.00 is trading 8.9% above its estimated GF Value™ of MXN4,772.17. GuruFocus considers Royal Caribbean Group to be Fairly Valued.

Key valuation signals for MEX:RCL:

  • Cyclically Adjusted Book per Share: MXN760.63
  • GF Value™: MXN4,772.17 vs. price of MXN5,199.00 (8.9% above fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the MEX:RCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Royal Caribbean Group Business Description

Address 1050 Caribbean Way, Miami, FL, USA, 33132
Royal Caribbean is the world's second-largest cruise company by revenues, operating 69 ships across five global and partner brands in the cruise vacation industry. 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 2021, plans to launch its new Celebrity River Cruise brand in 2027, and is set to operate eight private destination locations by 2028.
75GF Score

Get the complete analysis for MEX:RCL

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN5,199.00
Price
MXN4,772.17
GF Value