GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Carnival Corp (LTS:0EV1) » Definitions » Shiller PE Ratio

Carnival (LTS:0EV1) Shiller PE Ratio : (As of Dec. 13, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Carnival Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Carnival Shiller PE Ratio Historical Data

The historical data trend for Carnival's Shiller PE 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.

* Premium members only.

Carnival Shiller PE Ratio Chart

Carnival Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.12 14.22 51.93 - -

Carnival Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Shiller PE Ratio 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 - - - - -

Competitive Comparison of Carnival's Shiller PE Ratio

For the Travel Services subindustry, Carnival's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Carnival's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Carnival's Shiller PE Ratio falls into.



Carnival Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Carnival's E10 for the quarter that ended in Aug. 2024 is calculated as:

For example, Carnival's adjusted earnings per share data for the three months ended in Aug. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=1.26/132.8158*132.8158
=1.260

Current CPI (Aug. 2024) = 132.8158.

Carnival Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201411 -0.130 99.635 -0.173
201502 0.060 99.032 0.080
201505 0.290 100.333 0.384
201508 1.560 100.548 2.061
201511 0.350 100.135 0.464
201602 0.180 100.040 0.239
201605 0.800 101.355 1.048
201608 1.930 101.617 2.523
201611 0.830 101.829 1.083
201702 0.480 102.779 0.620
201705 0.520 103.256 0.669
201708 1.830 103.587 2.346
201711 0.760 104.072 0.970
201802 0.540 105.052 0.683
201805 0.780 106.148 0.976
201808 2.410 106.383 3.009
201811 0.710 106.338 0.887
201902 0.480 106.649 0.598
201905 0.650 108.048 0.799
201908 2.580 108.245 3.166
201911 0.610 108.519 0.747
202002 -1.140 109.139 -1.387
202005 -6.070 108.175 -7.453
202008 -3.690 109.662 -4.469
202011 -2.170 109.793 -2.625
202102 -1.800 110.968 -2.154
202105 -1.830 113.576 -2.140
202108 -2.500 115.421 -2.877
202111 -2.310 117.269 -2.616
202202 -1.660 119.703 -1.842
202205 -1.610 123.323 -1.734
202208 -0.650 124.958 -0.691
202211 -1.270 125.607 -1.343
202302 -0.550 126.928 -0.576
202305 -0.320 128.314 -0.331
202308 0.790 129.538 0.810
202311 -0.040 129.548 -0.041
202402 -0.170 130.930 -0.172
202405 0.070 132.509 0.070
202408 1.260 132.816 1.260

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Carnival  (LTS:0EV1) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Carnival Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Carnival's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Carnival Business Description

Address
3655 N.W. 87th Avenue, Miami, FL, USA, 33178-2428
Carnival is the largest global cruise company, with 92 ships in service at the end of fiscal 2023. 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's currently folding 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 13 million guests in 2019, prior to covid-19, a level it reached again in 2023.

Carnival Headlines

No Headlines