Norwegian Cruise Line Holdings (BSP:N1CL34) Cyclically Adjusted Revenue per Share: R$117.48 (As of Jun. 2026)

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BSP:N1CL34 Norwegian Cruise Line Holdings Ltd BSP:N1CL34
67 GF Score
Price R$94.00
GF Value R$109.78
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Norwegian Cruise Line Holdings Cyclically Adjusted Revenue per Share?

Norwegian Cruise Line Holdings BSP:N1CL34 -2.11% 67 Cyclically Adjusted Revenue per Share is R$117.48 as of Jun. 2026. GuruFocus rates BSP:N1CL34 with a GF Score™ of 67/100 and a GF Value™ of R$109.78 (Modestly Undervalued). The stock has 7 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 Revenue per Share and 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.

Norwegian Cruise Line Holdings's adjusted revenue per share for the three months ended in Jun. 2026 was R$29.165. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$117.48 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Norwegian Cruise Line Holdings's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.10% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Norwegian Cruise Line Holdings was 6.80% per year. The lowest was 1.30% per year. And the median was 3.70% per year.

As of today (2026-08-01), Norwegian Cruise Line Holdings's current stock price is R$94.00. Norwegian Cruise Line Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$117.48. Norwegian Cruise Line Holdings's Cyclically Adjusted PS Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Norwegian Cruise Line Holdings was 3.94. The lowest was 0.43. And the median was 1.07.


Norwegian Cruise Line Holdings  (BSP:N1CL34) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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.

Norwegian Cruise Line Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=94.00/117.48
=0.80

* 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 PS Ratio of Norwegian Cruise Line Holdings was 3.94. The lowest was 0.43. And the median was 1.07.


Be Aware

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


Norwegian Cruise Line Holdings Cyclically Adjusted Revenue per Share Related Terms


Norwegian Cruise Line Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Norwegian Cruise Line Holdings's Cyclically Adjusted Revenue 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.

Norwegian Cruise Line Holdings Cyclically Adjusted Revenue per Share Chart

Norwegian Cruise Line Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.87 102.74 103.20 132.70 122.87

Norwegian Cruise Line Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue 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 113.15 114.23 122.87 109.52 117.48

BSP:N1CL34 vs GBTG, MMYT, TNL: Cyclically Adjusted Revenue per Share Comparison

For the Travel Services subindustry, Norwegian Cruise Line Holdings'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.


Norwegian Cruise Line Holdings Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Norwegian Cruise Line Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Norwegian Cruise Line Holdings's Cyclically Adjusted PS Ratio falls into.


BSP:N1CL34
67GF Score
Norwegian Cruise Line Holdings Ltd BSP:N1CL34
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norwegian Cruise Line Holdings Cyclically Adjusted Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

For example, Norwegian Cruise Line Holdings's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=29.165/333.9520*333.9520
=29.165

Current CPI (Jun. 2026) = 333.9520.

Norwegian Cruise Line Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 21.222 241.428 29.355
201612 16.564 241.432 22.912
201703 15.747 243.801 21.570
201706 19.335 244.955 26.360
201709 22.514 246.819 30.462
201712 17.885 246.524 24.228
201803 18.505 249.554 24.763
201806 25.581 251.989 33.902
201809 34.278 252.439 45.346
201812 24.225 251.233 32.201
201903 24.630 254.202 32.357
201906 29.597 256.143 38.588
201909 36.585 256.759 47.584
201912 28.299 256.974 36.776
202003 28.519 258.115 36.898
202006 0.367 257.797 0.475
202009 0.130 260.280 0.167
202012 0.168 260.474 0.215
202103 0.053 264.877 0.067
202106 0.059 271.696 0.073
202109 2.184 274.310 2.659
202112 7.031 278.802 8.422
202203 6.218 287.504 7.223
202206 14.298 296.311 16.114
202209 20.131 296.808 22.650
202212 18.909 296.797 21.276
202303 22.453 301.836 24.842
202306 23.217 305.109 25.412
202309 24.482 307.789 26.563
202312 22.878 306.746 24.907
202403 25.316 312.332 27.068
202406 24.881 314.175 26.447
202409 30.186 315.301 31.972
202412 24.839 315.605 26.283
202503 27.770 319.799 28.999
202506 31.162 322.561 32.262
202509 31.786 324.800 32.682
202512 26.892 324.054 27.713
202603 26.154 330.213 26.450
202606 29.165 333.952 29.165

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

What does a Cyclically Adjusted Revenue per Share of R$117.48 mean?
Norwegian Cruise Line Holdings (BSP:N1CL34) has a Cyclically Adjusted Revenue per Share of R$117.48 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Norwegian Cruise Line Holdings and its competitors.
Is Norwegian Cruise Line Holdings' Cyclically Adjusted Revenue per Share too high?
Norwegian Cruise Line Holdings' current Cyclically Adjusted Revenue per Share is R$117.48. Overall, Norwegian Cruise Line Holdings has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norwegian Cruise Line Holdings' Cyclically Adjusted Revenue per Share compare to GBTG and MMYT?
Norwegian Cruise Line Holdings' Cyclically Adjusted Revenue per Share of R$117.48 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 Revenue per Share for a Travel & Leisure company?
A good Cyclically Adjusted Revenue per Share depends on the Travel & Leisure industry context. However, Cyclically Adjusted Revenue 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 Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Norwegian Cruise Line Holdings and its competitors. Norwegian Cruise Line Holdings's current Cyclically Adjusted Revenue per Share is R$117.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norwegian Cruise Line Holdings stock overvalued right now?
Based on GuruFocus' analysis, Norwegian Cruise Line Holdings (BSP:N1CL34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$109.78, compared to a current price of R$94.00 — trading 14.4% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$117.48. Norwegian Cruise Line Holdings' overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Norwegian Cruise Line Holdings (BSP:N1CL34), the current Cyclically Adjusted Revenue per Share is R$117.48 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 Norwegian Cruise Line Holdings (BSP:N1CL34) Overvalued in 2026?

Based on GuruFocus' analysis, Norwegian Cruise Line Holdings stock appears to be undervalued. The current stock price of R$94.00 is trading 14.4% below its estimated GF Value™ of R$109.78. GuruFocus considers Norwegian Cruise Line Holdings to be Modestly Undervalued.

Key valuation signals for BSP:N1CL34:

  • Cyclically Adjusted Revenue per Share: R$117.48
  • GF Value™: R$109.78 vs. price of R$94.00 (14.4% below fair value)
  • GF Score™: 67/100 with 7 warning signs

No single metric tells the full story. See the BSP:N1CL34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norwegian Cruise Line Holdings Business Description

Address 7665 Corporate Center Drive, Miami, FL, USA, 33126
Norwegian Cruise Line is the world's third-largest publicly traded cruise company by berths (around 75,000). It operates 35 ships across three brands—Norwegian, Oceania, and Regent Seven Seas—offering both freestyle and luxury cruising. The company redeployed its entire fleet as of May 2022. With 16 passenger vessels on order among its brands through 2037, representing 43,000 incremental berths, Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.
67GF Score

Get the complete analysis for BSP:N1CL34

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

R$94.00
Price
R$109.78
GF Value