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RCL (Royal Caribbean Group) Cyclically Adjusted Revenue per Share : $44.06 (As of Sep. 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 Sep. 2024 was $18.508. 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 $44.06 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Royal Caribbean Group's average Cyclically Adjusted Revenue Growth Rate was 4.90% 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 (2024-12-11), Royal Caribbean Group's current stock price is $245.52. Royal Caribbean Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was $44.06. Royal Caribbean Group's Cyclically Adjusted PS Ratio of today is 5.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Royal Caribbean Group was 5.86. The lowest was 0.57. And the median was 2.45.


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 41.73 39.66 38.81 40.27 41.95

Royal Caribbean Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 42.00 41.95 42.92 43.46 44.06

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 Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=18.508/133.0289*133.0289
=18.508

Current CPI (Sep. 2024) = 133.0289.

Royal Caribbean Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 8.184 99.070 10.989
201503 8.221 99.621 10.978
201506 9.318 100.684 12.311
201509 11.410 100.392 15.119
201512 8.653 99.792 11.535
201603 8.803 100.470 11.656
201606 9.741 101.688 12.743
201609 11.887 101.861 15.524
201612 8.860 101.863 11.571
201703 9.307 102.862 12.036
201706 10.160 103.349 13.078
201709 11.906 104.136 15.209
201712 9.320 104.011 11.920
201803 9.493 105.290 11.994
201806 11.000 106.317 13.764
201809 13.320 106.507 16.637
201812 11.091 105.998 13.919
201903 11.625 107.251 14.419
201906 13.362 108.070 16.448
201909 15.167 108.329 18.625
201912 12.009 108.420 14.735
202003 9.722 108.902 11.876
202006 0.839 108.767 1.026
202009 -0.157 109.815 -0.190
202012 0.152 109.897 0.184
202103 0.173 111.754 0.206
202106 0.200 114.631 0.232
202109 1.794 115.734 2.062
202112 3.843 117.630 4.346
202203 4.157 121.301 4.559
202206 8.567 125.017 9.116
202209 11.720 125.227 12.450
202212 10.204 125.222 10.840
202303 11.318 127.348 11.823
202306 12.493 128.729 12.910
202309 14.752 129.860 15.112
202312 11.896 129.419 12.228
202403 13.267 131.776 13.393
202406 14.626 132.554 14.678
202409 18.508 133.029 18.508

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


Royal Caribbean Group  (NYSE:RCL) 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
=245.52/44.06
=5.57

* 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 5.86. The lowest was 0.57. And the median was 2.45.


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 Business Description

Address
1050 Caribbean Way, Miami, FL, USA, 33132
Royal Caribbean is the world's second-largest cruise company, operating 68 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.
Executives
Arne Alexander Wilhelmsen director ANDERS WILHELMSEN & CO. AS, BEDDINGEN 8, AKER BRYGGE, OSLO Q8 NO-0118
Harri U Kulovaara officer: EVP, Maritime ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Richard D Fain director, officer: Chairman and CEO ROYAL CARIBBEAN CRUISES LTD, 1050 CARIBBEAN WAY, MIAMI FL 33132
Henry L Pujol officer: Vice President, Controller ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Laura H Bethge officer: President, Celebrity Cruises 1050 CARIBBEAN WAY, MIAMI FL 33132
Vagn O Sorensen director ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Naftali Holtz officer: Chief Financial Officer 1050 CARIBBEAN WAY, MIAMI FL 33132
Robert Alexander Lake officer: SVP, CLO, Secretary & CCO C/O WORLD FUEL SERVICES CORPORATION, 9800 N.W. 41ST STREET, MIAMI FL 33178
Michael W Bayley officer: EVP, International ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Jason T Liberty officer: President and CEO GATE NO 4, PLANT 10 / 11 GODREJ & BOYCE, PIROJSHANAGAR, LBS MARG, VIKHROLI (WEST), MUMBAI, MAHARASHTRA K7 400079
Maritza Gomez Montiel director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Rebecca Yeung director 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Michael O Leavitt director LEAVITT PARTNERS LLC, 299 SOUTH MAIN STREET STE 2300, SALT LAKE CITY X1 84111
Lisa Lutoff-perlo officer: EVP, Operations, RCI 1050 CARIBBEAN WAY, MIAMI FL 33132
Bradley H Stein officer: SVP, GC & Chief Compliance Off 1050 CARIBBEAN WAY, MIAMI FL 33132