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Royal Caribbean Group (FRA:RC8) Market Cap : €34,460 Mil (As of Apr. 30, 2024)


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What is Royal Caribbean Group Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Royal Caribbean Group's share price for the quarter that ended in Mar. 2024 was €127.2. Royal Caribbean Group's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 257 Mil. Therefore, Royal Caribbean Group's market cap for the quarter that ended in Mar. 2024 was €32,734 Mil.

Royal Caribbean Group's quarterly market cap increased from Sep. 2023 (€22,805 Mil) to Dec. 2023 (€29,822 Mil) and increased from Dec. 2023 (€29,822 Mil) to Mar. 2024 (€32,734 Mil).

Royal Caribbean Group's annual market cap declined from Dec. 2021 (€17,537 Mil) to Dec. 2022 (€11,791 Mil) but then increased from Dec. 2022 (€11,791 Mil) to Dec. 2023 (€29,822 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Royal Caribbean Group's Enterprise Value for Today is €53,839 Mil.


Royal Caribbean Group Market Cap Historical Data

The historical data trend for Royal Caribbean Group's Market Cap 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 Market Cap Chart

Royal Caribbean Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,797.21 14,099.13 17,536.71 11,790.77 29,822.11

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
Market Cap 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 15,405.30 24,416.98 22,804.92 29,822.11 32,734.41

Competitive Comparison of Royal Caribbean Group's Market Cap

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

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

* The bar in red indicates where Royal Caribbean Group's Market Cap falls into.



Royal Caribbean Group Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Royal Caribbean Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=€116.3*256.424
=€29,822

Royal Caribbean Group's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=€127.2*257.346
=€32,734

* 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.


Royal Caribbean Group  (FRA:RC8) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Royal Caribbean Group Market Cap Related Terms

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Royal Caribbean Group (FRA:RC8) 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.

Royal Caribbean Group (FRA:RC8) Headlines

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