Carnival (FRA:3B5) ROE % Adjusted to Book Value: 5.02% (As of May. 2026)


FRA:3B5 Carnival Corporation Ltd FRA:3B5
75 GF Score
Price €24.90
GF Value €20.88
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Carnival ROE % Adjusted to Book Value?

Carnival FRA:3B5 -2.51% 75 ROE % Adjusted to Book Value is 5.02% as of May. 2026. GuruFocus rates FRA:3B5 with a GF Score™ of 75/100 and a GF Value™ of €20.88 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Carnival's ROE % for the quarter that ended in May. 2026 was 16.62%. Carnival's PB Ratio for the quarter that ended in May. 2026 was 3.31. Carnival's ROE % Adjusted to Book Value for the quarter that ended in May. 2026 was 5.02%.

Carnival ROE % Adjusted to Book Value Related Terms

Carnival ROE % Adjusted to Book Value Historical Data

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The historical data trend for Carnival's ROE % Adjusted to Book Value 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.

Carnival ROE % Adjusted to Book Value Chart

Carnival Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.21 -39.34 -0.37 6.60 8.95

Carnival Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
ROE % Adjusted to Book Value 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 7.50 19.01 5.07 2.42 5.02

FRA:3B5 vs VIK, TCOM, EXPE: ROE % Adjusted to Book Value Comparison

For the Travel Services subindustry, Carnival's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Carnival's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Carnival's ROE % Adjusted to Book Value falls into.


FRA:3B5
75GF Score
Carnival Corporation Ltd FRA:3B5
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Carnival ROE % Adjusted to Book Value Calculation

Carnival's ROE % Adjusted to Book Value for the fiscal year that ended in Nov. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=24.69% / 2.76
=8.95%

Carnival's ROE % Adjusted to Book Value for the quarter that ended in May. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=16.62% / 3.31
=5.02%

* 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.

What does a ROE % Adjusted to Book Value of 5.02% mean?
Carnival (FRA:3B5) has a ROE % Adjusted to Book Value of 5.02% as of May. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Carnival and its competitors.
Is Carnival's ROE % Adjusted to Book Value too high?
Carnival's current ROE % Adjusted to Book Value is 5.02%. Overall, Carnival has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carnival's ROE % Adjusted to Book Value compare to VIK and TCOM?
Carnival's ROE % Adjusted to Book Value of 5.02% can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Travel & Leisure company?
A good ROE % Adjusted to Book Value depends on the Travel & Leisure industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Carnival and its competitors. Carnival's current ROE % Adjusted to Book Value is 5.02%. 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?
Based on GuruFocus' analysis, Carnival (FRA:3B5) is currently considered Modestly Overvalued. The stock's GF Value™ is €20.88, compared to a current price of €24.90 — trading 19.3% above its estimated fair value. The current ROE % Adjusted to Book Value is 5.02%. Carnival's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Carnival (FRA:3B5), the current ROE % Adjusted to Book Value is 5.02% as of May. 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 (FRA:3B5) Overvalued in 2026?

Based on GuruFocus' analysis, Carnival stock appears to be overvalued. The current stock price of €24.90 is trading 19.3% above its estimated GF Value™ of €20.88. GuruFocus considers Carnival to be Modestly Overvalued.

Key valuation signals for FRA:3B5:

  • ROE % Adjusted to Book Value: 5.02%
  • GF Value™: €20.88 vs. price of €24.90 (19.3% above fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the FRA:3B5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Carnival Business Description

Address 3655 N.W. 87th Avenue, Miami, FL, USA, 33178-2428
Carnival 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.
75GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€24.90
Price
€20.88
GF Value