Price to Sales (P/S)
since 2005
Calculation
Carnival Corp. & plc, P/S, long-term trends, calculation
| P/S | = | Share price1, 2, 3 | ÷ | Sales per share1 | Sales per share1 | = | Revenues1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 26, 2024 | 0.96 | = | 15.83 | ÷ | 16.53 | 16.53 | = | 21,593 | ÷ | 1,306,275,033 | |
| Jan 27, 2023 | 1.01 | = | 11.02 | ÷ | 10.93 | 10.93 | = | 12,168 | ÷ | 1,113,479,515 | |
| Jan 27, 2022 | 11.73 | = | 19.11 | ÷ | 1.63 | 1.63 | = | 1,908 | ÷ | 1,171,371,854 | |
| Jan 26, 2021 | 3.74 | = | 18.72 | ÷ | 5.01 | 5.01 | = | 5,595 | ÷ | 1,116,315,671 | |
| Jan 28, 2020 | 1.59 | = | 46.50 | ÷ | 29.32 | 29.32 | = | 20,825 | ÷ | 710,173,957 | |
| Jan 28, 2019 | 2.15 | = | 56.40 | ÷ | 26.27 | 26.27 | = | 18,881 | ÷ | 718,595,612 | |
| Jan 29, 2018 | 3.05 | = | 71.94 | ÷ | 23.55 | 23.55 | = | 17,510 | ÷ | 743,516,841 | |
| Jan 30, 2017 | 2.55 | = | 55.64 | ÷ | 21.80 | 21.80 | = | 16,389 | ÷ | 751,874,136 | |
| Jan 29, 2016 | 2.43 | = | 48.13 | ÷ | 19.79 | 19.79 | = | 15,714 | ÷ | 794,200,754 | |
| Jan 29, 2015 | 2.29 | = | 44.88 | ÷ | 19.64 | 19.64 | = | 15,884 | ÷ | 808,740,668 | |
| Jan 29, 2014 | 2.07 | = | 39.54 | ÷ | 19.13 | 19.13 | = | 15,456 | ÷ | 807,952,516 | |
| Jan 29, 2013 | 2.03 | = | 38.72 | ÷ | 19.04 | 19.04 | = | 15,382 | ÷ | 807,776,598 | |
| Jan 30, 2012 | 1.55 | = | 30.13 | ÷ | 19.47 | 19.47 | = | 15,793 | ÷ | 811,033,320 | |
| Jan 31, 2011 | 2.54 | = | 44.71 | ÷ | 17.60 | 17.60 | = | 14,469 | ÷ | 822,252,828 | |
| Jan 29, 2010 | 2.11 | = | 33.33 | ÷ | 15.79 | 15.79 | = | 13,157 | ÷ | 833,484,519 | |
| Jan 29, 2009 | 1.07 | = | 18.60 | ÷ | 17.46 | 17.46 | = | 14,646 | ÷ | 838,624,465 | |
| Jan 29, 2008 | 2.68 | = | 41.76 | ÷ | 15.57 | 15.57 | = | 13,033 | ÷ | 836,806,445 | |
| Feb 12, 2007 | 3.44 | = | 48.66 | ÷ | 14.16 | 14.16 | = | 11,839 | ÷ | 836,222,673 | |
| Feb 9, 2006 | 4.01 | = | 52.24 | ÷ | 13.03 | 13.03 | = | 11,087 | ÷ | 850,985,006 |
Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-11-30), 10-K (reporting date: 2016-11-30), 10-K (reporting date: 2015-11-30), 10-K (reporting date: 2014-11-30), 10-K (reporting date: 2013-11-30), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-11-30), 10-K (reporting date: 2010-11-30), 10-K (reporting date: 2009-11-30), 10-K (reporting date: 2008-11-30), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-11-30), 10-K (reporting date: 2005-11-30).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Carnival Corp. & plc Annual Report.
The data reveals distinct trends in the share price, sales per share, and price-to-sales (P/S) ratio over the analyzed periods.
- Share Price
- The share price exhibits considerable volatility across the years. It started relatively high in early periods, with a notable decline from February 2008 to January 2009, dropping from 41.76 US$ to 18.6 US$. Following this, a recovery phase is observed reaching a peak of 71.94 US$ in January 2018. However, from January 2018 onwards, the share price declined sharply, hitting a low of 11.02 US$ by January 2023, before a slight rebound to 15.83 US$ in January 2024. This pattern suggests susceptibility to external factors, possibly market or operational challenges, impacting investor confidence over time.
- Sales per Share
- Sales per share demonstrated a generally upward trend from 13.03 US$ in February 2006 to a peak of 29.32 US$ in January 2020. This indicates steady growth in revenue generation per share for most of the period. However, there is a pronounced trough following 2020, where sales per share sharply decrease to 5.01 US$ in January 2021 and bottom out at 1.63 US$ in January 2022, suggesting a significant disruption, possibly due to extraordinary external conditions. After this period, sales per share recover progressively, reaching 16.53 US$ by January 2024, indicating a resurgence in sales performance.
- Price-to-Sales (P/S) Ratio
- The P/S ratio shows significant fluctuation, mirroring changes in both share price and sales per share. Initially, it was relatively high at 4.01 in February 2006, then it experienced a sharp decline to a low of 1.07 in January 2009, coinciding with a fall in share price. It exhibited intermittent rises and falls, peaking at 11.73 in January 2022, despite low sales per share during that period. This spike indicates a potential market overvaluation relative to sales at that point in time. However, the ratio dropped sharply again to values near 1.0 by January 2024, reflecting a normalization of valuations as the sales and share price began to align more closely.
Overall, the data reflects periods of growth interspersed with significant downturns, especially notable around 2009 and the post-2020 period, likely associated with broader economic or sector-specific events. The recovery in sales post-2022 and the corresponding adjustments in share price and valuation ratios imply efforts toward stabilizing financial performance and market perception.
Comparison to Competitors
Carnival Corp. & plc, P/S, long-term trends, comparison to competitors
| Carnival Corp. & plc | Airbnb Inc. | Booking Holdings Inc. | Chipotle Mexican Grill Inc. | DoorDash, Inc. | McDonald’s Corp. | Starbucks Corp. | |
|---|---|---|---|---|---|---|---|
| Jan 26, 2024 | 0.96 | 9.95 | 6.24 | 7.28 | 5.40 | 8.38 | 3.34 |
| Jan 27, 2023 | 1.01 | 10.04 | 5.35 | 5.14 | 3.23 | 8.32 | 3.49 |
| Jan 27, 2022 | 11.73 | 16.64 | 9.22 | 5.80 | 7.30 | 7.85 | 4.47 |
| Jan 26, 2021 | 3.74 | 37.16 | 14.73 | 7.26 | 16.87 | 8.20 | 4.67 |
| Jan 28, 2020 | 1.59 | — | 4.57 | 4.24 | — | 7.43 | 3.75 |
| Jan 28, 2019 | 2.15 | — | 5.91 | 3.31 | — | 6.67 | 3.42 |
| Jan 29, 2018 | 3.05 | — | 7.13 | 1.66 | — | 5.68 | 3.62 |
| Jan 30, 2017 | 2.55 | — | 7.47 | 2.94 | — | 4.29 | 3.81 |
| Jan 29, 2016 | 2.43 | — | 6.65 | 3.07 | — | 4.20 | 4.73 |
| Jan 29, 2015 | 2.29 | — | 7.49 | 5.10 | — | 3.33 | 3.55 |
| Jan 29, 2014 | 2.07 | — | 9.85 | 5.24 | — | 3.40 | 4.08 |
| Jan 29, 2013 | 2.03 | — | 6.60 | 3.64 | — | 3.50 | 2.73 |
| Jan 30, 2012 | 1.55 | — | 6.76 | 5.19 | — | 3.78 | 2.68 |
| Jan 31, 2011 | 2.54 | — | 7.33 | 4.49 | — | 3.23 | 2.14 |
| Jan 29, 2010 | 2.11 | — | 4.49 | 2.18 | — | 3.02 | 1.62 |
| Jan 29, 2009 | 1.07 | — | 1.82 | 1.29 | — | 2.57 | 0.60 |
| Jan 29, 2008 | 2.68 | — | 3.10 | 3.17 | — | 2.83 | 1.79 |
| Feb 12, 2007 | 3.44 | — | 1.78 | 2.56 | — | 2.55 | 3.55 |
| Feb 9, 2006 | 4.01 | — | 0.97 | 2.80 | — | 2.17 | 3.74 |
Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-11-30), 10-K (reporting date: 2016-11-30), 10-K (reporting date: 2015-11-30), 10-K (reporting date: 2014-11-30), 10-K (reporting date: 2013-11-30), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-11-30), 10-K (reporting date: 2010-11-30), 10-K (reporting date: 2009-11-30), 10-K (reporting date: 2008-11-30), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-11-30), 10-K (reporting date: 2005-11-30).
Comparison to Sector (Consumer Services)
Carnival Corp. & plc, P/S, long-term trends, comparison to sector (consumer services)
| Carnival Corp. & plc | Consumer Services | |
|---|---|---|
| Jan 26, 2024 | 0.96 | 6.15 |
| Jan 27, 2023 | 1.01 | 5.69 |
| Jan 27, 2022 | 11.73 | 7.25 |
| Jan 26, 2021 | 3.74 | 9.47 |
| Jan 28, 2020 | 1.59 | 5.11 |
| Jan 28, 2019 | 2.15 | 5.02 |
| Jan 29, 2018 | 3.05 | 4.94 |
| Jan 30, 2017 | 2.55 | 4.60 |
| Jan 29, 2016 | 2.43 | 4.67 |
| Jan 29, 2015 | 2.29 | 4.15 |
| Jan 29, 2014 | 2.07 | 4.53 |
| Jan 29, 2013 | 2.03 | 3.63 |
| Jan 30, 2012 | 1.55 | 3.85 |
| Jan 31, 2011 | 2.54 | 3.31 |
| Jan 29, 2010 | 2.11 | 2.70 |
| Jan 29, 2009 | 1.07 | 1.93 |
| Jan 29, 2008 | 2.68 | 2.57 |
| Feb 12, 2007 | 3.44 | 2.77 |
| Feb 9, 2006 | 4.01 | 2.49 |
Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-11-30), 10-K (reporting date: 2016-11-30), 10-K (reporting date: 2015-11-30), 10-K (reporting date: 2014-11-30), 10-K (reporting date: 2013-11-30), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-11-30), 10-K (reporting date: 2010-11-30), 10-K (reporting date: 2009-11-30), 10-K (reporting date: 2008-11-30), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-11-30), 10-K (reporting date: 2005-11-30).
Comparison to Industry (Consumer Discretionary)
Carnival Corp. & plc, P/S, long-term trends, comparison to industry (consumer discretionary)
| Carnival Corp. & plc | Consumer Discretionary | |
|---|---|---|
| Jan 26, 2024 | 0.96 | 2.63 |
| Jan 27, 2023 | 1.01 | 2.27 |
| Jan 27, 2022 | 11.73 | 3.58 |
| Jan 26, 2021 | 3.74 | 3.81 |
| Jan 28, 2020 | 1.59 | 2.33 |
| Jan 28, 2019 | 2.15 | 2.05 |
| Jan 29, 2018 | 3.05 | 2.06 |
| Jan 30, 2017 | 2.55 | 1.68 |
| Jan 29, 2016 | 2.43 | 1.57 |
| Jan 29, 2015 | 2.29 | 1.32 |
| Jan 29, 2014 | 2.07 | 1.33 |
| Jan 29, 2013 | 2.03 | 1.06 |
| Jan 30, 2012 | 1.55 | 0.97 |
| Jan 31, 2011 | 2.54 | 0.96 |
| Jan 29, 2010 | 2.11 | 0.92 |
| Jan 29, 2009 | 1.07 | 0.66 |
| Jan 29, 2008 | 2.68 | 0.79 |
| Feb 12, 2007 | 3.44 | 0.86 |
| Feb 9, 2006 | 4.01 | 0.79 |
Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-11-30), 10-K (reporting date: 2016-11-30), 10-K (reporting date: 2015-11-30), 10-K (reporting date: 2014-11-30), 10-K (reporting date: 2013-11-30), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-11-30), 10-K (reporting date: 2010-11-30), 10-K (reporting date: 2009-11-30), 10-K (reporting date: 2008-11-30), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-11-30), 10-K (reporting date: 2005-11-30).