Royal Caribbean Group (FRA:RC8) Cyclically Adjusted Revenue per Share: €40.18 (As of Mar. 2026)

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FRA:RC8 Royal Caribbean Group FRA:RC8
84 GF Score
Price €254.30
GF Value €217.88
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Royal Caribbean Group Cyclically Adjusted Revenue per Share?

Royal Caribbean Group FRA:RC8 -0.70% 84 Cyclically Adjusted Revenue per Share is €40.18 as of Mar. 2026. GuruFocus rates FRA:RC8 with a GF Score™ of 84/100 and a GF Value™ of €217.88 (Modestly Overvalued). The stock has 4 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.

Royal Caribbean Group's adjusted revenue per share for the three months ended in Mar. 2026 was €14.210. 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 €40.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Royal Caribbean Group's average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% 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 Royal Caribbean Group was 9.20% per year. The lowest was -1.20% per year. And the median was 5.30% per year.

As of today (2026-07-17), Royal Caribbean Group's current stock price is €254.30. Royal Caribbean Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €40.18. Royal Caribbean Group's Cyclically Adjusted PS Ratio of today is 6.33.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Royal Caribbean Group was 7.88. The lowest was 0.57. And the median was 2.74.


Royal Caribbean Group  (FRA:RC8) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=254.30/40.18
=6.33

* 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 Royal Caribbean Group was 7.88. The lowest was 0.57. And the median was 2.74.


Be Aware

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


Royal Caribbean Group Cyclically Adjusted Revenue per Share Related Terms


Royal Caribbean Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Royal Caribbean Group'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.

Royal Caribbean Group Cyclically Adjusted Revenue per Share Chart

Royal Caribbean Group 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 34.73 37.63 37.68 42.60 40.26

Royal Caribbean Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 40.12 39.13 39.46 40.26 40.18

FRA:RC8 vs ABNB, VIK, CCL: Cyclically Adjusted Revenue per Share Comparison

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 Cyclically Adjusted PS Ratio vs 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.


FRA:RC8
84GF Score
Royal Caribbean Group FRA:RC8
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Royal Caribbean Group 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, Royal Caribbean Group's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=14.21/330.2130*330.2130
=14.210

Current CPI (Mar. 2026) = 330.2130.

Royal Caribbean Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 8.669 241.018 11.877
201609 10.592 241.428 14.487
201612 8.399 241.432 11.488
201703 8.702 243.801 11.786
201706 9.043 244.955 12.190
201709 9.989 246.819 13.364
201712 7.876 246.524 10.550
201803 7.699 249.554 10.187
201806 9.416 251.989 12.339
201809 11.415 252.439 14.932
201812 9.749 251.233 12.814
201903 10.288 254.202 13.364
201906 11.825 256.143 15.244
201909 13.771 256.759 17.711
201912 10.808 256.974 13.888
202003 8.798 258.115 11.256
202006 0.745 257.797 0.954
202009 -0.134 260.280 -0.170
202012 0.125 260.474 0.158
202103 0.145 264.877 0.181
202106 0.166 271.696 0.202
202109 1.525 274.310 1.836
202112 3.401 278.802 4.028
202203 3.774 287.504 4.335
202206 8.104 296.311 9.031
202209 11.837 296.808 13.169
202212 9.633 296.797 10.718
202303 10.571 301.836 11.565
202306 11.531 305.109 12.480
202309 13.822 307.789 14.829
202312 10.909 306.746 11.744
202403 12.206 312.332 12.905
202406 13.588 314.175 14.282
202409 16.675 315.301 17.464
202412 13.014 315.605 13.616
202503 13.402 319.799 13.838
202506 14.307 322.561 14.646
202509 15.980 324.800 16.246
202512 13.418 324.054 13.673
202603 14.210 330.213 14.210

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 €40.18 mean?
Royal Caribbean Group (FRA:RC8) has a Cyclically Adjusted Revenue per Share of €40.18 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Royal Caribbean Group and its competitors.
Is Royal Caribbean Group's Cyclically Adjusted Revenue per Share too high?
Royal Caribbean Group's current Cyclically Adjusted Revenue per Share is €40.18. Overall, Royal Caribbean Group has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal Caribbean Group's Cyclically Adjusted Revenue per Share compare to ABNB and VIK?
Royal Caribbean Group's Cyclically Adjusted Revenue per Share of €40.18 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 Royal Caribbean Group and its competitors. Royal Caribbean Group's current Cyclically Adjusted Revenue per Share is €40.18. 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 (FRA:RC8) is currently considered Modestly Overvalued. The stock's GF Value™ is €217.88, compared to a current price of €254.30 — trading 16.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €40.18. Royal Caribbean Group's overall GF Score™ is 84/100 with 4 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 Royal Caribbean Group (FRA:RC8), the current Cyclically Adjusted Revenue per Share is €40.18 as of Mar. 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 (FRA:RC8) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Caribbean Group stock appears to be overvalued. The current stock price of €254.30 is trading 16.7% above its estimated GF Value™ of €217.88. GuruFocus considers Royal Caribbean Group to be Modestly Overvalued.

Key valuation signals for FRA:RC8:

  • Cyclically Adjusted Revenue per Share: €40.18
  • GF Value™: €217.88 vs. price of €254.30 (16.7% above fair value)
  • GF Score™: 84/100 with 4 warning signs

No single metric tells the full story. See the FRA:RC8 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.
84GF Score

Get the complete analysis for FRA:RC8

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

€254.30
Price
€217.88
GF Value