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CCL (Carnival) Cyclically Adjusted PS Ratio : 1.21 (As of Jun. 27, 2025)


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What is Carnival Cyclically Adjusted PS Ratio?

As of today (2025-06-27), Carnival's current share price is $26.17. Carnival's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2025 was $21.63. Carnival's Cyclically Adjusted PS Ratio for today is 1.21.

The historical rank and industry rank for Carnival's Cyclically Adjusted PS Ratio or its related term are showing as below:

CCL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.21   Max: 3.35
Current: 1.18

During the past years, Carnival's highest Cyclically Adjusted PS Ratio was 3.35. The lowest was 0.30. And the median was 1.21.

CCL's Cyclically Adjusted PS Ratio is ranked better than
56.73% of 624 companies
in the Travel & Leisure industry
Industry Median: 1.455 vs CCL: 1.18

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.

Carnival's adjusted revenue per share data for the three months ended in May. 2025 was $4.520. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $21.63 for the trailing ten years ended in May. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carnival Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Carnival's Cyclically Adjusted PS Ratio 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.

Carnival Cyclically Adjusted PS Ratio Chart

Carnival Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.80 0.45 0.69 1.18

Carnival Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
Cyclically Adjusted PS Ratio 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 0.69 0.76 1.18 1.10 1.07

Competitive Comparison of Carnival's Cyclically Adjusted PS Ratio

For the Travel Services subindustry, Carnival'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.


Carnival's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Carnival's Cyclically Adjusted PS Ratio falls into.


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Carnival Cyclically Adjusted PS Ratio Calculation

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

Carnival's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.17/21.63
=1.21

* 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.

Carnival's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2025 is calculated as:

For example, Carnival's adjusted Revenue per Share data for the three months ended in May. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2025 (Change)*Current CPI (May. 2025)
=4.52/135.3468*135.3468
=4.520

Current CPI (May. 2025) = 135.3468.

Carnival Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201508 6.252 100.548 8.416
201511 4.795 100.135 6.481
201602 4.748 100.040 6.424
201605 4.920 101.355 6.570
201608 6.897 101.617 9.186
201611 5.413 101.829 7.195
201702 5.207 102.779 6.857
201705 5.426 103.256 7.112
201708 7.596 103.587 9.925
201711 5.924 104.072 7.704
201802 5.886 105.052 7.583
201805 6.094 106.148 7.770
201808 8.255 106.383 10.502
201811 6.364 106.338 8.100
201902 6.724 106.649 8.533
201905 6.980 108.048 8.744
201908 9.454 108.245 11.821
201911 6.939 108.519 8.654
202002 7.003 109.139 8.685
202005 1.026 108.175 1.284
202008 0.040 109.662 0.049
202011 0.036 109.793 0.044
202102 0.024 110.968 0.029
202105 0.043 113.576 0.051
202108 0.482 115.421 0.565
202111 1.137 117.269 1.312
202202 1.427 119.703 1.613
202205 2.106 123.323 2.311
202208 3.634 124.958 3.936
202211 3.052 125.607 3.289
202302 3.518 126.928 3.751
202305 3.888 128.314 4.101
202308 4.910 129.538 5.130
202311 4.276 129.548 4.467
202402 4.278 130.930 4.422
202405 4.548 132.509 4.645
202408 5.644 132.816 5.752
202411 4.247 133.110 4.318
202502 4.439 134.624 4.463
202505 4.520 135.347 4.520

Add all the adjusted revenue per share together and divide 10 will get our 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.


Carnival  (NYSE:CCL) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Carnival Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Carnival's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Carnival Business Description

Address
3655 N.W. 87th Avenue, Miami, FL, USA, 33178-2428
Carnival is the largest global cruise company, with more than 90 ships in service at the end of fiscal 2024. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It's currently folding its P&O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted 14 million guests in 2024.
Executives
David Bernstein officer: Sr. Vice President & CFO 3655 NW 87TH AVENUE, MIAMI FL 33178
Sir Jonathon Band director 33 AUCKLAND ROAD EAST, SOUTHSEA, HAMPSHIRE X0 POS 2HB
Randall J Weisenburger director C/O WASSERSTEIN PERELLA GROUP, 31 WEST 52ND ST 26TH FLOOR, NEW YORK NY 10019
Bettina Alejandra Deynes officer: Chief Human Resources Officer 92 SW 3RD STREET, UNIT 4812, MIAMI FL 33130
Bessemer Trust Co Of Delaware, N.a. 10 percent owner, other: See Remarks 20 MONTCHANIN ROAD, SUITE 1500, WILMINGTON DE 19807
Sara Mathew director CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103
William Richard Burke officer: Chief Maritime Officer 6301 COLLINS AVENUE, APT. 1903, MIAMI BEACH FL 33141
Joshua Ian Weinstein director, officer: President & CEO 3273 COACOOCHEE STREET, MIAMI FL 33133
Arnold W Donald director C/O CARNIVAL CORPORATION, 3655 N.W. 87TH AVENUE, MIAMI FL 33178
Enrique Miguez officer: General Counsel 3600 DURANGO STREET, CORAL GABLES FL 33134
Arnaldo Perez officer: Sr. VP, General Counsel & Sec. 3655 NW 87TH AVE, C/O CARNIVAL CORP, MIAMI FL 33178-2428
Peter C. Anderson officer: Chief Ethics & Compliance 1541 BRICKELL AVENUE, UNIT B-2604, MIAMI FL 33129
Ma 1994 B Shares Lp other: See Remarks 1201 NORTH MARKET ST, WILMINGTON DE 19899-1347
Micky Meir Arison director, officer: Chairman & CEO C/O PAUL BERKOWITZ GREENBERG TRAURIG, 333 S.E. 2ND AVENUE, MIAMI FL 33131
Richard Glasier director 219 PIASA ST, ALTON IL 62002