As of today (2024-04-24), Royal Caribbean Group's share price is $136.48. Royal Caribbean Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $15.27. Hence, Royal Caribbean Group's Price to Tangible Book Ratio of today is 8.94.
The historical rank and industry rank for Royal Caribbean Group's Price-to-Tangible-Book or its related term are showing as below:
RCL'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.99 Med: 2.58 Max: 9.04
Current: 8.94
During the past 13 years, Royal Caribbean Group's highest Price to Tangible Book Ratio was 9.04. The lowest was 1.99. And the median was 2.58.
RCL's Price-to-Tangible-Book is ranked worse than 88.4% of 664
companies
in the Travel & Leisure industry
Industry Median: 1.885
vs RCL: 8.94
A closely related ratio is called PB Ratio. As of today, Royal Caribbean Group's share price is $136.48. Royal Caribbean Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $18.42. Hence, Royal Caribbean Group's P/B Ratio of today is 7.41.
Royal Caribbean Group Price-to-Tangible-Book Historical Data
The historical data trend for Royal Caribbean Group's Price-to-Tangible-Book 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.
For the Travel Services subindustry, Royal Caribbean Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution
For the Travel & Leisure industry and Consumer Cyclical sector, Royal Caribbean Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Royal Caribbean Group's Price-to-Tangible-Book falls into.
Royal Caribbean Group Price-to-Tangible-Book Calculation
Royal Caribbean Group's price-to-tangible-book ratio for today is calculated as:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Royal Caribbean Group Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Royal Caribbean Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Royal Caribbean Group (Royal Caribbean Group) Business Description
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.
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