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Royal Caribbean Group (MEX:RCL) E10 : MXN-18.15 (As of Mar. 2024)


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What is Royal Caribbean Group E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Royal Caribbean Group's adjusted earnings per share data for the three months ended in Mar. 2024 was MXN22.405. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN-18.15 for the trailing ten years ended in Mar. 2024.

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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Royal Caribbean Group was 20.00% per year. The lowest was -17.90% per year. And the median was 5.40% per year.

As of today (2024-06-21), Royal Caribbean Group's current stock price is MXN2760.00. Royal Caribbean Group's E10 for the quarter that ended in Mar. 2024 was MXN-18.15. Royal Caribbean Group's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Royal Caribbean Group was 120.92. The lowest was 5.03. And the median was 30.53.


Royal Caribbean Group E10 Historical Data

The historical data trend for Royal Caribbean Group's E10 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 E10 Chart

Royal Caribbean Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.56 35.37 -11.64 -28.95 -20.70

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
E10 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 -28.37 -24.67 -22.74 -20.70 -18.15

Competitive Comparison of Royal Caribbean Group's E10

For the Travel Services subindustry, Royal Caribbean Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Royal Caribbean Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Royal Caribbean Group's Shiller PE Ratio falls into.



Royal Caribbean Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=22.405/131.7762*131.7762
=22.405

Current CPI (Mar. 2024) = 131.7762.

Royal Caribbean Group Quarterly Data

per share eps CPI Adj_EPS
201406 8.041 100.560 10.537
201409 29.405 100.428 38.584
201412 7.227 99.070 9.613
201503 3.049 99.621 4.033
201506 13.180 100.684 17.250
201509 17.405 100.392 22.846
201512 16.163 99.792 21.343
201603 7.918 100.470 10.385
201606 19.603 101.688 25.403
201609 62.067 101.861 80.295
201612 24.947 101.863 32.273
201703 18.641 102.862 23.881
201706 30.910 103.349 39.412
201709 63.337 104.136 80.148
201712 26.317 104.011 33.342
201803 18.531 105.290 23.193
201806 43.032 106.317 53.337
201809 72.201 106.507 89.331
201812 29.452 105.998 36.615
201903 23.084 107.251 28.363
201906 43.220 108.070 52.701
201909 82.916 108.329 100.862
201912 24.518 108.420 29.800
202003 -162.026 108.902 -196.059
202006 -180.733 108.767 -218.966
202009 -138.952 109.815 -166.740
202012 -121.142 109.897 -145.260
202103 -95.255 111.754 -112.321
202106 -105.303 114.631 -121.053
202109 -114.942 115.734 -130.874
202112 -109.340 117.630 -122.490
202203 -91.192 121.301 -99.067
202206 -41.242 125.017 -43.472
202209 2.615 125.227 2.752
202212 -38.212 125.222 -40.212
202303 -3.425 127.348 -3.544
202306 29.145 128.729 29.835
202309 63.579 129.860 64.517
202312 17.993 129.419 18.321
202403 22.405 131.776 22.405

Add all the adjusted EPS together and divide 10 will get our e10.


Royal Caribbean Group  (MEX:RCL) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of Royal Caribbean Group was 120.92. The lowest was 5.03. And the median was 30.53.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Royal Caribbean Group E10 Related Terms

Thank you for viewing the detailed overview of Royal Caribbean Group's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Royal Caribbean Group (MEX:RCL) Business Description

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.