GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Royal Caribbean Group (MEX:RCL) » Definitions » Cyclically Adjusted PS Ratio

Royal Caribbean Group (MEX:RCL) Cyclically Adjusted PS Ratio : 3.86 (As of Jun. 21, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Royal Caribbean Group Cyclically Adjusted PS Ratio?

As of today (2024-06-21), Royal Caribbean Group's current share price is MXN2760.00. Royal Caribbean Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN714.77. Royal Caribbean Group's Cyclically Adjusted PS Ratio for today is 3.86.

The historical rank and industry rank for Royal Caribbean Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

MEX:RCL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 2.28   Max: 3.63
Current: 3.5

During the past years, Royal Caribbean Group's highest Cyclically Adjusted PS Ratio was 3.63. The lowest was 0.57. And the median was 2.28.

MEX:RCL's Cyclically Adjusted PS Ratio is ranked worse than
78.94% of 641 companies
in the Travel & Leisure industry
Industry Median: 1.41 vs MEX:RCL: 3.50

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Royal Caribbean Group's adjusted revenue per share data for the three months ended in Mar. 2024 was MXN220.181. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is MXN714.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Royal Caribbean Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Royal Caribbean Group's Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Chart

Royal Caribbean Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.20 1.88 1.98 1.23 3.09

Royal Caribbean Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 1.59 2.50 2.19 3.09 3.24

Competitive Comparison of Royal Caribbean Group's Cyclically Adjusted PS Ratio

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

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

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



Royal Caribbean Group Cyclically Adjusted PS Ratio Calculation

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

Royal Caribbean Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2760.00/714.77
=3.86

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Royal Caribbean Group's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=220.181/131.7762*131.7762
=220.181

Current CPI (Mar. 2024) = 131.7762.

Royal Caribbean Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 114.961 100.560 150.648
201409 143.277 100.428 188.001
201412 120.712 99.070 160.563
201503 125.333 99.621 165.787
201506 146.198 100.684 191.346
201509 192.801 100.392 253.075
201512 148.785 99.792 196.471
201603 151.526 100.470 198.740
201606 180.139 101.688 233.440
201609 229.851 101.861 297.355
201612 182.660 101.863 236.301
201703 175.240 102.862 224.499
201706 183.659 103.349 234.176
201709 216.065 104.136 273.415
201712 183.049 104.011 231.913
201803 172.468 105.290 215.854
201806 216.145 106.317 267.905
201809 249.146 106.507 308.258
201812 217.762 105.998 270.721
201903 225.500 107.251 277.067
201906 256.662 108.070 312.965
201909 299.422 108.329 364.229
201912 226.493 108.420 275.285
202003 227.951 108.902 275.832
202006 19.358 108.767 23.453
202009 -3.475 109.815 -4.170
202012 3.023 109.897 3.625
202103 3.534 111.754 4.167
202106 3.981 114.631 4.576
202109 36.888 115.734 42.001
202112 78.830 117.630 88.310
202203 82.765 121.301 89.912
202206 172.348 125.017 181.667
202209 235.751 125.227 248.081
202212 198.937 125.222 209.350
202303 204.001 127.348 211.095
202306 214.242 128.729 219.314
202309 257.101 129.860 260.896
202312 201.628 129.419 205.300
202403 220.181 131.776 220.181

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Royal Caribbean Group  (MEX:RCL) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Royal Caribbean Group Cyclically Adjusted PS Ratio Related Terms

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


Royal Caribbean Group (MEX:RCL) Business Description

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.