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Royal Caribbean Group (FRA:RC8) Cyclically Adjusted PS Ratio : 3.63 (As of Jun. 10, 2024)


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What is Royal Caribbean Group Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Royal Caribbean Group's current share price is €142.44. Royal Caribbean Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €39.27. Royal Caribbean Group's Cyclically Adjusted PS Ratio for today is 3.63.

The historical rank and industry rank for Royal Caribbean Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:RC8' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 2.27   Max: 3.63
Current: 3.6

During the past years, Royal Caribbean Group's highest Cyclically Adjusted PS Ratio was 3.63. The lowest was 0.57. And the median was 2.27.

FRA:RC8's Cyclically Adjusted PS Ratio is ranked worse than
78.87% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.43 vs FRA:RC8: 3.60

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Royal Caribbean Group's adjusted revenue per share data for the three months ended in Mar. 2024 was €12.206. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €39.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Royal Caribbean Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Royal Caribbean Group's Cyclically Adjusted 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.

* Premium members only.

Royal Caribbean Group Cyclically Adjusted PS Ratio Chart

Royal Caribbean Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.20 1.88 1.98 1.23 3.09

Royal Caribbean Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 1.59 2.50 2.19 3.09 3.24

Competitive Comparison of Royal Caribbean Group's Cyclically Adjusted PS Ratio

For the Travel Services subindustry, Royal Caribbean Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Royal Caribbean Group's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Royal Caribbean Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Royal Caribbean Group's Cyclically Adjusted PS Ratio falls into.



Royal Caribbean Group Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Royal Caribbean Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=142.44/39.27
=3.63

* 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.

Royal Caribbean Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Royal Caribbean Group's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12.206/131.7762*131.7762
=12.206

Current CPI (Mar. 2024) = 131.7762.

Royal Caribbean Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.524 100.560 8.549
201409 8.281 100.428 10.866
201412 6.637 99.070 8.828
201503 7.596 99.621 10.048
201506 8.302 100.684 10.866
201509 10.166 100.392 13.344
201512 7.943 99.792 10.489
201603 7.905 100.470 10.368
201606 8.669 101.688 11.234
201609 10.592 101.861 13.703
201612 8.399 101.863 10.865
201703 8.702 102.862 11.148
201706 9.043 103.349 11.530
201709 9.989 104.136 12.640
201712 7.876 104.011 9.978
201803 7.699 105.290 9.636
201806 9.416 106.317 11.671
201809 11.415 106.507 14.123
201812 9.749 105.998 12.120
201903 10.288 107.251 12.641
201906 11.825 108.070 14.419
201909 13.771 108.329 16.752
201912 10.808 108.420 13.136
202003 8.798 108.902 10.646
202006 0.745 108.767 0.903
202009 -0.134 109.815 -0.161
202012 0.125 109.897 0.150
202103 0.145 111.754 0.171
202106 0.166 114.631 0.191
202109 1.525 115.734 1.736
202112 3.401 117.630 3.810
202203 3.774 121.301 4.100
202206 8.104 125.017 8.542
202209 11.837 125.227 12.456
202212 9.633 125.222 10.137
202303 10.571 127.348 10.939
202306 11.534 128.729 11.807
202309 13.830 129.860 14.034
202312 10.893 129.419 11.091
202403 12.206 131.776 12.206

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


Royal Caribbean Group  (FRA:RC8) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Royal Caribbean Group Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Royal Caribbean Group's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Royal Caribbean Group (FRA:RC8) Business Description

Traded in Other Exchanges
Address
1050 Caribbean Way, Miami, FL, USA, 33132
Royal Caribbean is the world's second-largest cruise company, operating 64 ships across five global and partner brands in the cruise vacation industry, with 10 more ships on order. 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 the first quarter of 2021.

Royal Caribbean Group (FRA:RC8) Headlines

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