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Royal Caribbean Group (FRA:RC8) Cyclically Adjusted Revenue per Share : €38.59 (As of Mar. 2024)


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What is Royal Caribbean Group Cyclically Adjusted Revenue per Share?

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. 2024 was €12.206. 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 €38.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Royal Caribbean Group's average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.80% 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 6.30% per year.

As of today (2024-04-30), Royal Caribbean Group's current stock price is €130.76. Royal Caribbean Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €38.59. Royal Caribbean Group's Cyclically Adjusted PS Ratio of today is 3.39.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Royal Caribbean Group was 3.63. The lowest was 0.57. And the median was 2.25.


Royal Caribbean Group Cyclically Adjusted Revenue per Share Historical Data

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.

* Premium members only.

Royal Caribbean Group Cyclically Adjusted Revenue per Share Chart

Royal Caribbean Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.12 31.54 34.73 37.63 37.68

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 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 37.79 38.17 40.57 37.68 38.59

Competitive Comparison of Royal Caribbean Group's Cyclically Adjusted Revenue per Share

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 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. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12.206/129.4194*129.4194
=12.206

Current CPI (Mar. 2024) = 129.4194.

Royal Caribbean Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.524 100.560 8.396
201409 8.281 100.428 10.672
201412 6.637 99.070 8.670
201503 7.596 99.621 9.868
201506 8.302 100.684 10.671
201509 10.166 100.392 13.105
201512 7.943 99.792 10.301
201603 7.905 100.470 10.183
201606 8.669 101.688 11.033
201609 10.592 101.861 13.458
201612 8.399 101.863 10.671
201703 8.702 102.862 10.949
201706 9.043 103.349 11.324
201709 9.989 104.136 12.414
201712 7.876 104.011 9.800
201803 7.699 105.290 9.463
201806 9.416 106.317 11.462
201809 11.415 106.507 13.871
201812 9.749 105.998 11.903
201903 10.288 107.251 12.415
201906 11.825 108.070 14.161
201909 13.771 108.329 16.452
201912 10.808 108.420 12.901
202003 8.798 108.902 10.456
202006 0.745 108.767 0.886
202009 -0.134 109.815 -0.158
202012 0.125 109.897 0.147
202103 0.145 111.754 0.168
202106 0.166 114.631 0.187
202109 1.525 115.734 1.705
202112 3.401 117.630 3.742
202203 3.774 121.301 4.027
202206 8.104 125.017 8.389
202209 11.837 125.227 12.233
202212 9.633 125.222 9.956
202303 10.571 127.348 10.743
202306 11.534 128.729 11.596
202309 13.830 129.860 13.783
202312 10.893 129.419 10.893
202403 12.206 129.419 12.206

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


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
=130.76/38.59
=3.39

* 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 3.63. The lowest was 0.57. And the median was 2.25.


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

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


Royal Caribbean Group (FRA:RC8) Business Description

Industry
Traded in Other Exchanges
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.

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