Royal Caribbean GroupMEX:RCL 74 PB Ratio is 8.46 as of Jun. 30, 2026, which is 223% above its 10-year median of 2.62. GuruFocus rates MEX:RCL with a GF Score™ of 74/100 and a GF Value™ of MXN4,290.21 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 795 Travel & Leisure companies, Royal Caribbean Group ranks worse than 93.46% on this metric.
The historical rank and industry rank for Royal Caribbean Group's PB Ratio or its related term are showing as below:
MEX:RCL'
s PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 2.62 Max: 10.76
Current: 8.79
During the past 13 years, Royal Caribbean Group's highest PB Ratio was 10.76. The lowest was 0.41. And the median was 2.62.
MEX:RCL's PB Ratio is ranked worse than 93.46% of 795
companies
in the Travel & Leisure industry
Industry Median: 1.48
vs MEX:RCL: 8.79
During the past 12 months, Royal Caribbean Group's average Book Value Per Share Growth Rate was 24.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 48.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -7.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Royal Caribbean Group was 48.90% per year. The lowest was -42.20% per year. And the median was 7.55% per year.
Back to Basics: PB Ratio
Royal Caribbean Group (MEX:RCL) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* 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 PB Ratio, along with its competitors' market caps and PB 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 PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Royal Caribbean Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Royal Caribbean Group's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Royal Caribbean Group (MEX:RCL) has a PB Ratio of 8.46 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Royal Caribbean Group and its competitors. This is 223% above median its historical median of 2.62. Over the past decade, Royal Caribbean Group's PB Ratio has ranged from 0.41 to 10.76. According to the industry distribution chart, Royal Caribbean Group ranks #743 out of 795 companies in the Travel & Leisure industry, placing it in the top 93.5%.
Is Royal Caribbean Group's PB Ratio too high?
Royal Caribbean Group's current PB Ratio of 8.46 is 223% above median its 10-year median of 2.62. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 10.76. The Travel & Leisure industry median PB Ratio is 1.48. Royal Caribbean Group's value of 8.46 is 471.6% above this industry median. Based on the distribution chart, Royal Caribbean Group ranks #743 out of 795 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Royal Caribbean Group has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal Caribbean Group's PB Ratio compare to ABNB and VIK?
According to the Travel & Leisure industry distribution chart, Royal Caribbean Group ranks #743 out of 795 companies for PB Ratio. This places Royal Caribbean Group in the lower half of its industry. The industry median PB Ratio is 1.48. Royal Caribbean Group's value of 8.46 is 471.6% above this benchmark. Historically, Royal Caribbean Group's own PB Ratio has ranged from 0.41 to 10.76 over the past decade. While the company's 10-year median is 2.62 vs. the industry median of 1.48, Royal Caribbean Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.48, based on 795 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Royal Caribbean Group's current PB Ratio of 8.46 is 471.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Royal Caribbean Group and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Caribbean Group's current PB Ratio is 8.46, which is 223% above median its own 10-year median of 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Caribbean Group stock overvalued right now?
Based on GuruFocus' analysis, Royal Caribbean Group (MEX:RCL) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN4,290.21, compared to a current price of MXN5,577.99 — trading 30% above its estimated fair value. The current PB Ratio is 8.46, which is 223% above median its 10-year median of 2.62 and 471.6% above the Travel & Leisure industry median of 1.48. Royal Caribbean Group's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Royal Caribbean Group (MEX:RCL), the current PB Ratio is 8.46 as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Royal Caribbean Group (MEX:RCL) Overvalued in 2026?
Based on GuruFocus' analysis, Royal Caribbean Group stock appears to be overvalued.
The current stock price of MXN5,577.99 is trading 30% above its estimated GF Value™ of MXN4,290.21.
GuruFocus considers Royal Caribbean Group to be Modestly Overvalued.
Key valuation signals for MEX:RCL:
PB Ratio: 8.46 (223% above median its 10-year median of 2.62)
GF Value™: MXN4,290.21 vs. price of MXN5,577.99 (30% above fair value)
Industry Position: 471.6% above the Travel & Leisure median (#743 of 795)
No single metric tells the full story. See the MEX:RCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royal Caribbean is the world's second-largest cruise company by revenues, operating 69 ships across five global and partner brands in the cruise vacation industry. 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 2021, plans to launch its new Celebrity River Cruise brand in 2027, and is set to operate eight private destination locations by 2028.
74GF Score
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