CarnivalMEX:CCL 76 PS Ratio is 1.23 as of Jul. 03, 2026, which is 22% below its 10-year median of 1.57. GuruFocus rates MEX:CCL with a GF Score™ of 76/100 and a GF Value™ of MXN352.19. The stock has 3 warning signs investors should review. Among 841 Travel & Leisure companies, Carnival ranks better than 55.05% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Carnival's share price is MXN438.26.
Carnival's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was MXN356.31. Hence, Carnival's PS Ratio for today is 1.23.
Good Sign:
Carnival PLC stock PS Ratio (=1.3) is close to 1-year low of 1.19.
The historical rank and industry rank for Carnival's PS Ratio or its related term are showing as below:
MEX:CCL'
s PS Ratio Range Over the Past 10 Years
Min: 0.27 Med: 1.57 Max: 181.82
Current: 1.3
During the past 13 years, Carnival's highest PS Ratio was 181.82. The lowest was 0.27. And the median was 1.57.
MEX:CCL's PS Ratio is ranked better than 55.05% of 841
companies
in the Travel & Leisure industry
Industry Median: 1.46
vs MEX:CCL: 1.30
Carnival's Revenue per Sharefor the
three
months ended in Feb. 2026 was MXN76.27.
Its Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was MXN356.31.
Warning Sign:
Carnival PLC revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Carnival was 2.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 22.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 42.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -6.10% per year.
During the past 13 years, Carnival's highest 3-Year average Revenue per Share Growth Rate was 1138.90% per year. The lowest was -88.60% per year. And the median was 4.10% per year.
Back to Basics: PS Ratio
Carnival (MEX:CCL) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Carnival PS Ratio Related Terms
Carnival PS Ratio Historical Data
* Premium members only.
The historical data trend for Carnival's 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.
For the Travel Services subindustry, Carnival's PS Ratio, along with its competitors' market caps and 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 PS Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Carnival's PS Ratio distribution charts can be found below:
* The bar in red indicates where Carnival's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Carnival's Share Price of today is MXN438.26. Carnival's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN356.31.
* 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:
Carnival (MEX:CCL) has a PS Ratio of 1.23 as of Jul. 03, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Carnival and its competitors. This is 22% below median its historical median of 1.57. Over the past decade, Carnival's PS Ratio has ranged from 0.27 to 181.82. According to the industry distribution chart, Carnival ranks #378 out of 841 companies in the Travel & Leisure industry, placing it in the top 44.9%.
Is Carnival's PS Ratio too high?
Carnival's current PS Ratio of 1.23 is 22% below median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 181.82. The Travel & Leisure industry median PS Ratio is 1.46. Carnival's value of 1.23 is 15.8% below this industry median. Based on the distribution chart, Carnival ranks #378 out of 841 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Carnival has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Carnival's PS Ratio compare to CCL and VIK?
According to the Travel & Leisure industry distribution chart, Carnival ranks #378 out of 841 companies for PS Ratio. This puts Carnival in the upper half of its industry. The industry median PS Ratio is 1.46. Carnival's value of 1.23 is 15.8% below this benchmark. Historically, Carnival's own PS Ratio has ranged from 0.27 to 181.82 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.46, Carnival has consistently been below 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 PS Ratio for a Travel & Leisure company?
The median PS Ratio among Travel & Leisure companies is 1.46, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carnival's current PS Ratio of 1.23 is 15.8% below 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Carnival and its competitors. For the Travel & Leisure industry, the median PS Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carnival's current PS Ratio is 1.23, which is 22% below median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carnival stock overvalued right now?
Carnival (MEX:CCL) has a current PS Ratio of 1.23. The stock's GF Value™ is MXN352.19, compared to a current price of MXN438.26 — trading 24.4% above its estimated fair value. The current PS Ratio is 1.23, which is 22% below median its 10-year median of 1.57 and 15.8% below the Travel & Leisure industry median of 1.46. Carnival's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Carnival (MEX:CCL), the current PS Ratio is 1.23 as of Jul. 03, 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 Carnival (MEX:CCL) Overvalued in 2026?
Based on GuruFocus' analysis, Carnival stock appears to be overvalued.
The current stock price of MXN438.26 is trading 24.4% above its estimated GF Value™ of MXN352.19.
Key valuation signals for MEX:CCL:
PS Ratio: 1.23 (22% below median its 10-year median of 1.57)
GF Value™: MXN352.19 vs. price of MXN438.26 (24.4% above fair value)
Industry Position: 15.8% below the Travel & Leisure median (#378 of 841)
No single metric tells the full story. See the MEX:CCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carnival PLC is the largest global cruise company, with nearly 100 ships in service. 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 recently folded 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 nearly 14 million guests in 2025.
76GF Score
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