GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Royal Caribbean Group (FRA:RC8) » Definitions » Shiller PE Ratio

Royal Caribbean Group (FRA:RC8) Shiller PE Ratio : (As of Jun. 10, 2024)


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

What is Royal Caribbean Group Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Royal Caribbean Group Shiller PE Ratio Historical Data

The historical data trend for Royal Caribbean Group'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.

Royal Caribbean Group Shiller PE Ratio Chart

Royal Caribbean Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.25 42.02 - - -

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
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 Royal Caribbean Group's Shiller PE Ratio

For the Travel Services subindustry, Royal Caribbean Group'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.


Royal Caribbean Group's Shiller PE Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Royal Caribbean Group's Shiller PE Ratio falls into.



Royal Caribbean Group 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.

Royal Caribbean Group's E10 for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.242/131.7762*131.7762
=1.242

Current CPI (Mar. 2024) = 131.7762.

Royal Caribbean Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.456 100.560 0.598
201409 1.699 100.428 2.229
201412 0.397 99.070 0.528
201503 0.185 99.621 0.245
201506 0.748 100.684 0.979
201509 0.918 100.392 1.205
201512 0.863 99.792 1.140
201603 0.413 100.470 0.542
201606 0.943 101.688 1.222
201609 2.860 101.861 3.700
201612 1.147 101.863 1.484
201703 0.926 102.862 1.186
201706 1.522 103.349 1.941
201709 2.928 104.136 3.705
201712 1.132 104.011 1.434
201803 0.827 105.290 1.035
201806 1.875 106.317 2.324
201809 3.308 106.507 4.093
201812 1.318 105.998 1.639
201903 1.053 107.251 1.294
201906 1.991 108.070 2.428
201909 3.814 108.329 4.640
201912 1.170 108.420 1.422
202003 -6.254 108.902 -7.568
202006 -6.953 108.767 -8.424
202009 -5.340 109.815 -6.408
202012 -5.006 109.897 -6.003
202103 -3.914 111.754 -4.615
202106 -4.391 114.631 -5.048
202109 -4.752 115.734 -5.411
202112 -4.717 117.630 -5.284
202203 -4.159 121.301 -4.518
202206 -1.939 125.017 -2.044
202209 0.131 125.227 0.138
202212 -1.850 125.222 -1.947
202303 -0.177 127.348 -0.183
202306 1.569 128.729 1.606
202309 3.420 129.860 3.470
202312 0.972 129.419 0.990
202403 1.242 131.776 1.242

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.


Royal Caribbean Group  (FRA:RC8) 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.


Royal Caribbean Group Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Royal Caribbean Group's Shiller PE 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

No Headlines