GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Carnival PLC (MEX:CUK N) » Definitions » Cyclically Adjusted PB Ratio

Carnival (MEX:CUK N) Cyclically Adjusted PB Ratio : 0.76 (As of Jul. 09, 2025)


View and export this data going back to 2019. Start your Free Trial

What is Carnival Cyclically Adjusted PB Ratio?

As of today (2025-07-09), Carnival's current share price is MXN237.00. Carnival's Cyclically Adjusted Book per Share for the quarter that ended in May. 2025 was MXN313.90. Carnival's Cyclically Adjusted PB Ratio for today is 0.76.

The historical rank and industry rank for Carnival's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:CUK N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.54   Max: 0.97
Current: 0.96

During the past years, Carnival's highest Cyclically Adjusted PB Ratio was 0.97. The lowest was 0.14. And the median was 0.54.

MEX:CUK N's Cyclically Adjusted PB Ratio is ranked better than
61.03% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.36 vs MEX:CUK N: 0.96

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.

Carnival's adjusted book value per share data for the three months ended in May. 2025 was MXN148.146. 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 MXN313.90 for the trailing ten years ended in May. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carnival Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Carnival's Cyclically Adjusted PB 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.

Carnival Cyclically Adjusted PB Ratio Chart

Carnival Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.38 0.28 0.42 0.77

Carnival Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
Cyclically Adjusted PB 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 0.45 0.48 0.77 0.74 0.76

Competitive Comparison of Carnival's Cyclically Adjusted PB Ratio

For the Travel Services subindustry, Carnival'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.


Carnival's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

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


;
;

Carnival Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Carnival's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=237.00/313.90
=0.76

* 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.

Carnival's Cyclically Adjusted Book per Share for the quarter that ended in May. 2025 is calculated as:

For example, Carnival's adjusted Book Value per Share data for the three months ended in May. 2025 was:

Adj_Book=Book Value per Share/CPI of May. 2025 (Change)*Current CPI (May. 2025)
=148.146/136.1000*136.1000
=148.146

Current CPI (May. 2025) = 136.1000.

Carnival Quarterly Data

Book Value per Share CPI Adj_Book
201508 523.730 100.300 710.665
201511 511.153 100.300 693.598
201602 541.427 100.100 736.146
201605 563.290 100.800 760.553
201608 591.291 101.200 795.205
201611 636.525 101.800 850.993
201702 624.231 102.400 829.666
201705 591.400 103.500 777.677
201708 596.029 104.000 779.996
201711 628.438 104.700 816.909
201802 641.685 104.900 832.539
201805 673.031 105.900 864.962
201808 676.699 106.500 864.777
201811 712.833 106.900 907.545
201902 675.368 106.800 860.652
201905 686.624 107.900 866.075
201908 738.809 108.300 928.457
201911 724.691 108.500 909.036
202002 699.623 108.600 876.784
202005 674.546 108.600 845.356
202008 497.927 108.800 622.866
202011 381.031 109.100 475.328
202102 366.328 109.400 455.733
202105 314.743 111.000 385.915
202108 263.104 112.100 319.433
202111 229.268 114.100 273.474
202202 184.702 115.400 217.833
202205 142.469 119.700 161.989
202208 133.678 121.800 149.373
202211 108.659 124.800 118.498
202302 89.658 126.000 96.845
202305 82.341 129.100 86.806
202308 92.952 129.400 97.765
202311 94.450 130.000 98.882
202402 89.905 130.800 93.548
202405 91.386 132.700 93.727
202408 133.831 133.400 136.540
202411 144.072 134.600 145.678
202502 143.727 135.600 144.257
202505 148.146 136.100 148.146

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


Carnival  (MEX:CUK N) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Carnival Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Carnival's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Carnival Business Description

Address
Carnival House, 100 Harbour Parade, Southampton, Hampshire, GBR, S015 1ST
Carnival is the largest global cruise company, with more than 90 ships in service at the end of fiscal 2024. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It's currently folding its P&O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted 14 million guests in 2024.

Carnival Headlines

No Headlines