GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Royal Caribbean Group (NYSE:RCL) » Definitions » Cyclically Adjusted Price-to-FCF

Royal Caribbean Group (Royal Caribbean Group) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Royal Caribbean Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Royal Caribbean Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Royal Caribbean Group's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

Royal Caribbean Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.83 - - - -

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 Price-to-FCF 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 - - - - -

Competitive Comparison of Royal Caribbean Group's Cyclically Adjusted Price-to-FCF

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

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

* The bar in red indicates where Royal Caribbean Group's Cyclically Adjusted Price-to-FCF falls into.



Royal Caribbean Group Cyclically Adjusted Price-to-FCF Calculation

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

Royal Caribbean Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.865/129.4194*129.4194
=3.865

Current CPI (Mar. 2024) = 129.4194.

Royal Caribbean Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.793 100.560 2.308
201409 1.617 100.428 2.084
201412 -4.359 99.070 -5.694
201503 0.551 99.621 0.716
201506 -1.055 100.684 -1.356
201509 1.621 100.392 2.090
201512 0.390 99.792 0.506
201603 1.047 100.470 1.349
201606 -4.647 101.688 -5.914
201609 2.149 101.861 2.730
201612 1.555 101.863 1.976
201703 3.122 102.862 3.928
201706 3.305 103.349 4.139
201709 3.149 104.136 3.914
201712 1.131 104.011 1.407
201803 -3.727 105.290 -4.581
201806 2.423 106.317 2.950
201809 2.473 106.507 3.005
201812 -1.991 105.998 -2.431
201903 2.899 107.251 3.498
201906 -1.328 108.070 -1.590
201909 2.074 108.329 2.478
201912 -0.350 108.420 -0.418
202003 -5.040 108.902 -5.990
202006 -11.399 108.767 -13.563
202009 -4.850 109.815 -5.716
202012 -5.418 109.897 -6.380
202103 -7.699 111.754 -8.916
202106 -2.690 114.631 -3.037
202109 -3.028 115.734 -3.386
202112 -3.056 117.630 -3.362
202203 -7.425 121.301 -7.922
202206 -1.867 125.017 -1.933
202209 -1.057 125.227 -1.092
202212 1.603 125.222 1.657
202303 4.149 127.348 4.216
202306 2.110 128.729 2.121
202309 1.346 129.860 1.341
202312 -5.179 129.419 -5.179
202403 3.865 129.419 3.865

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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  (NYSE:RCL) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Royal Caribbean Group Cyclically Adjusted Price-to-FCF Related Terms

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


Royal Caribbean Group (Royal Caribbean Group) Business Description

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.
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
Michael W Bayley officer: EVP, International ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Laura H Bethge officer: President, Celebrity Cruises 1050 CARIBBEAN WAY, MIAMI FL 33132
Maritza Gomez Montiel director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Henry L Pujol officer: Vice President, Controller 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
Jason T Liberty officer: President and CEO GATE NO 4, PLANT 10 / 11 GODREJ & BOYCE, PIROJSHANAGAR, LBS MARG, VIKHROLI (WEST), MUMBAI, MAHARASHTRA K7 400079
Rebecca Yeung director 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Vagn O Sorensen director ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
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
Roberto Martinoli officer: Pres & CEO, Silversea Cruises 1050 CARIBBEAN WAY, MIAMI FL 33132