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Carnival Corp  (NYSE:CCL) PS Ratio: 2.79 (As of Today)

As of today, Carnival Corp's share price is $65.88. Carnival Corp's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2017 was $23.64. Hence, Carnival Corp's P/S Ratio for today is 2.79.

Warning Sign:

Carnival Corp stock PS Ratio (=2.79) is close to 10-year high of 3.06

NYSE:CCL' s PS Ratio Range Over the Past 10 Years
Min: 0.88   Max: 3.62
Current: 2.79

0.88
3.62

During the past 13 years, Carnival Corp's highest P/S Ratio was 3.62. The lowest was 0.88. And the median was 2.09.

NYSE:CCL's PS Ratio is ranked lower than
65% of the 866 Companies
in the Global industry.

( Industry Median: 1.89 vs. NYSE:CCL: 2.79 )

Carnival Corp's Revenue per Sharefor the three months ended in Aug. 2017 was $7.60. Its Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2017 was $23.64.

During the past 12 months, the average Revenue per Share Growth Rate of Carnival Corp was 10.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 3.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 1.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.60% per year.

During the past 13 years, Carnival Corp's highest 3-Year average Revenue per Share Growth Rate was 32.80% per year. The lowest was 0.70% per year. And the median was 10.20% per year.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Carnival Corp Annual Data

Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
PS Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.96 1.82 2.16 2.50 2.34

Carnival Corp Quarterly Data

Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
PS Ratio 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 Premium Member Only Premium Member Only Premium Member Only 2.24 2.34 2.49 2.79 2.94

Competitive Comparison
* 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.


Calculation

The P/S Ratio is another ratio widely used to value stocks. It was first used by Ken Fisher.

Carnival Corp's P/S Ratio for today is calculated as

P/S Ratio=Share Price/Revenue per Share (TTM)
=65.88/23.642
=2.79

Carnival Corp's Share Price of today is $65.88.
Carnival Corp's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2017 was 5.413 (Nov. 2016 ) + 5.207 (Feb. 2017 ) + 5.426 (May. 2017 ) + 7.596 (Aug. 2017 ) = $23.64.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

It can also be calculated from the numbers for the whole company:


The revenue here is for the trailing 12 months.


Explanation

The P/S 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 P/S ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The P/S ratio is a great valuation tool for evaluating cyclical businesses where the P/E 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 P/S 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.

Similar to the Price/Earnings ratio and Price/Cash Flow or Price/Free Cash Flow, the P/E ratio measures the valuation based on the earning power of the company. This is where it is different from Price/Book ratio, which measures the valuation based on the company's balance sheet.


Be Aware

The P/S 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.


Related Terms


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