Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Historical Valuation Ratios (Summary)
Royal Caribbean Cruises Ltd., historical price multiples (quarterly data)
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
| Valuation ratio | Description | The company |
|---|---|---|
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Royal Caribbean Cruises Ltd. P/S ratio decreased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | Royal Caribbean Cruises Ltd. P/BV ratio increased from Q4 2021 to Q1 2022 but then decreased significantly from Q1 2022 to Q2 2022. |
Price to Earnings (P/E)
Royal Caribbean Cruises Ltd., historical P/E calculation (quarterly data)
| Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 255,059,197 | 254,956,303 | 255,002,771 | 254,789,847 | 254,694,208 | 254,570,657 | 237,535,138 | 224,338,138 | 214,667,937 | 209,385,377 | 209,000,016 | 209,631,168 | 209,561,071 | 209,647,874 | 209,186,598 | 208,996,396 | 208,970,026 | 211,746,787 | 213,749,009 | 214,088,950 | 215,110,988 | 215,074,998 | |||||||
| Selected Financial Data (US$) | |||||||||||||||||||||||||||||
| Net income (loss) attributable to Royal Caribbean Cruises Ltd. (in thousands) | (521,582) | (1,167,142) | (1,356,968) | (1,424,554) | (1,347,255) | (1,131,722) | (1,366,935) | (1,346,756) | (1,639,292) | (1,444,479) | 273,136) | 883,240) | 472,830) | 249,681) | 315,703) | 810,391) | 466,295) | 218,653) | 288,039) | 752,842) | 369,526) | 214,726) | |||||||
| Earnings per share (EPS)2 | -17.53 | -20.77 | -20.63 | -20.69 | -20.39 | -21.54 | -24.41 | -18.53 | -8.98 | 0.88 | 8.99 | 9.17 | 8.82 | 8.79 | 8.66 | 8.53 | 8.26 | 7.69 | 7.60 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 38.71 | 73.59 | 73.67 | 84.43 | 78.10 | 84.90 | 93.27 | 56.98 | 57.31 | 43.35 | 89.55 | 109.42 | 113.96 | 125.77 | 120.93 | 103.07 | 114.35 | 108.19 | 130.55 | 129.23 | 116.87 | 106.60 | |||||||
| Valuation Ratio | |||||||||||||||||||||||||||||
| P/E ratio4 | — | — | — | — | — | — | — | — | — | 49.14 | 9.96 | 11.94 | 12.92 | 14.31 | 13.97 | 12.08 | 13.85 | 14.06 | 17.17 | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| P/E Ratio, Competitors5 | |||||||||||||||||||||||||||||
| Airbnb Inc. | 59.77 | 96.17 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Booking Holdings Inc. | 50.57 | 164.32 | 86.68 | 261.79 | 206.85 | 136.53 | 1,696.44 | 51.91 | 28.20 | 17.38 | 14.16 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Carnival Corp. & plc | — | — | — | — | — | — | — | — | — | 3.22 | 11.04 | 10.23 | 11.03 | 12.02 | 12.86 | — | — | — | — | — | — | — | |||||||
| Chipotle Mexican Grill Inc. | 55.45 | 61.34 | 67.03 | 69.94 | 87.74 | 102.78 | 122.20 | 147.85 | 126.19 | 72.72 | 67.72 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| McDonald’s Corp. | 31.53 | 25.65 | 24.15 | 25.57 | 25.43 | 33.98 | 33.31 | 32.26 | 31.84 | 23.20 | 25.99 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Starbucks Corp. | 19.34 | 25.86 | 30.95 | 52.55 | 137.44 | 185.40 | 118.26 | 65.20 | 27.12 | 27.92 | 27.63 | 32.57 | 31.03 | 27.53 | 18.71 | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Data adjusted for splits and stock dividends.
2 Q2 2022 Calculation
EPS
= (Net income (loss) attributable to Royal Caribbean Cruises Ltd.Q2 2022
+ Net income (loss) attributable to Royal Caribbean Cruises Ltd.Q1 2022
+ Net income (loss) attributable to Royal Caribbean Cruises Ltd.Q4 2021
+ Net income (loss) attributable to Royal Caribbean Cruises Ltd.Q3 2021)
÷ No. shares of common stock outstanding
= (-521,582,000 + -1,167,142,000 + -1,356,968,000 + -1,424,554,000)
÷ 255,059,197 = -17.53
3 Closing price as at the filing date of Royal Caribbean Cruises Ltd. Quarterly or Annual Report.
4 Q2 2022 Calculation
P/E ratio = Share price ÷ EPS
= 38.71 ÷ -17.53 = —
5 Click competitor name to see calculations.
Price to Operating Profit (P/OP)
Royal Caribbean Cruises Ltd., historical P/OP calculation (quarterly data)
| Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 255,059,197 | 254,956,303 | 255,002,771 | 254,789,847 | 254,694,208 | 254,570,657 | 237,535,138 | 224,338,138 | 214,667,937 | 209,385,377 | 209,000,016 | 209,631,168 | 209,561,071 | 209,647,874 | 209,186,598 | 208,996,396 | 208,970,026 | 211,746,787 | 213,749,009 | 214,088,950 | 215,110,988 | 215,074,998 | |||||||
| Selected Financial Data (US$) | |||||||||||||||||||||||||||||
| Operating income (loss) (in thousands) | (218,644) | (859,208) | (1,031,745) | (1,005,824) | (1,023,534) | (809,231) | (1,016,549) | (996,114) | (1,282,487) | (1,306,407) | 299,425) | 890,792) | 573,653) | 318,831) | 364,027) | 799,733) | 456,895) | 274,146) | 307,349) | 737,488) | 419,697) | 279,522) | |||||||
| Operating profit per share2 | -12.21 | -15.38 | -15.18 | -15.13 | -15.10 | -16.12 | -19.37 | -14.65 | -6.52 | 2.18 | 9.97 | 10.24 | 9.81 | 9.25 | 9.06 | 8.79 | 8.50 | 8.21 | 8.16 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 38.71 | 73.59 | 73.67 | 84.43 | 78.10 | 84.90 | 93.27 | 56.98 | 57.31 | 43.35 | 89.55 | 109.42 | 113.96 | 125.77 | 120.93 | 103.07 | 114.35 | 108.19 | 130.55 | 129.23 | 116.87 | 106.60 | |||||||
| Valuation Ratio | |||||||||||||||||||||||||||||
| P/OP ratio4 | — | — | — | — | — | — | — | — | — | 19.84 | 8.99 | 10.68 | 11.61 | 13.60 | 13.35 | 11.72 | 13.46 | 13.18 | 16.00 | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| P/OP Ratio, Competitors5 | |||||||||||||||||||||||||||||
| Airbnb Inc. | 57.78 | 88.47 | 232.24 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Booking Holdings Inc. | 19.34 | 28.66 | 40.46 | 66.89 | — | — | — | 104.35 | 26.09 | 13.19 | 12.89 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Carnival Corp. & plc | — | — | — | — | — | — | — | — | — | 2.77 | 10.08 | 9.36 | 10.15 | 11.30 | 12.19 | — | — | — | — | — | — | — | |||||||
| Chipotle Mexican Grill Inc. | 45.28 | 50.34 | 54.38 | 65.08 | 81.53 | 109.80 | 149.82 | 129.22 | 115.19 | 60.78 | 53.42 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| McDonald’s Corp. | 20.38 | 17.56 | 17.59 | 18.44 | 18.19 | 22.17 | 21.51 | 21.26 | 20.65 | 15.53 | 17.27 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Starbucks Corp. | 16.72 | 22.12 | 26.68 | 37.64 | 77.96 | 98.18 | 70.29 | 41.82 | 23.50 | 24.29 | 24.39 | 29.28 | 24.32 | 22.04 | 21.78 | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Data adjusted for splits and stock dividends.
2 Q2 2022 Calculation
Operating profit per share
= (Operating income (loss)Q2 2022
+ Operating income (loss)Q1 2022
+ Operating income (loss)Q4 2021
+ Operating income (loss)Q3 2021)
÷ No. shares of common stock outstanding
= (-218,644,000 + -859,208,000 + -1,031,745,000 + -1,005,824,000)
÷ 255,059,197 = -12.21
3 Closing price as at the filing date of Royal Caribbean Cruises Ltd. Quarterly or Annual Report.
4 Q2 2022 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 38.71 ÷ -12.21 = —
5 Click competitor name to see calculations.
Price to Sales (P/S)
Royal Caribbean Cruises Ltd., historical P/S calculation (quarterly data)
| Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 255,059,197 | 254,956,303 | 255,002,771 | 254,789,847 | 254,694,208 | 254,570,657 | 237,535,138 | 224,338,138 | 214,667,937 | 209,385,377 | 209,000,016 | 209,631,168 | 209,561,071 | 209,647,874 | 209,186,598 | 208,996,396 | 208,970,026 | 211,746,787 | 213,749,009 | 214,088,950 | 215,110,988 | 215,074,998 | |||||||
| Selected Financial Data (US$) | |||||||||||||||||||||||||||||
| Revenues (in thousands) | 2,184,242) | 1,059,231) | 982,247) | 456,958) | 50,914) | 42,014) | 34,138) | (33,688) | 175,605) | 2,032,750) | 2,517,413) | 3,186,850) | 2,806,631) | 2,439,767) | 2,332,301) | 2,796,187) | 2,337,605) | 2,027,756) | 2,004,467) | 2,569,544) | 2,195,274) | 2,008,560) | |||||||
| Sales per share2 | 18.36 | 10.00 | 6.01 | 2.29 | 0.37 | 0.86 | 9.30 | 20.92 | 36.86 | 50.36 | 52.40 | 51.35 | 49.51 | 47.25 | 45.38 | 43.86 | 42.78 | 41.55 | 41.07 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 38.71 | 73.59 | 73.67 | 84.43 | 78.10 | 84.90 | 93.27 | 56.98 | 57.31 | 43.35 | 89.55 | 109.42 | 113.96 | 125.77 | 120.93 | 103.07 | 114.35 | 108.19 | 130.55 | 129.23 | 116.87 | 106.60 | |||||||
| Valuation Ratio | |||||||||||||||||||||||||||||
| P/S ratio4 | 2.11 | 7.36 | 12.26 | 36.83 | 213.02 | 99.11 | 10.03 | 2.72 | 1.55 | 0.86 | 1.71 | 2.13 | 2.30 | 2.66 | 2.66 | 2.35 | 2.67 | 2.60 | 3.18 | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| P/S Ratio, Competitors5 | |||||||||||||||||||||||||||||
| Airbnb Inc. | 10.11 | 11.65 | 16.64 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Booking Holdings Inc. | 5.33 | 6.83 | 9.22 | 10.85 | 11.93 | 16.99 | 14.73 | 8.14 | 6.35 | 4.07 | 4.57 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Carnival Corp. & plc | 1.79 | 6.51 | 11.73 | 44.38 | 213.24 | 40.35 | 3.74 | 1.36 | 0.75 | 0.29 | 1.59 | 1.53 | 1.66 | 1.93 | 2.15 | — | — | — | — | — | — | — | |||||||
| Chipotle Mexican Grill Inc. | 5.15 | 5.36 | 5.80 | 6.91 | 7.52 | 6.62 | 7.26 | 6.03 | 5.74 | 4.33 | 4.24 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| McDonald’s Corp. | 8.13 | 7.68 | 7.85 | 8.27 | 8.07 | 8.94 | 8.20 | 8.26 | 7.89 | 6.46 | 7.43 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Starbucks Corp. | 2.72 | 3.74 | 4.47 | 5.48 | 5.74 | 5.32 | 4.67 | 3.63 | 3.45 | 3.86 | 3.75 | 4.44 | 3.68 | 3.30 | 3.42 | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Data adjusted for splits and stock dividends.
2 Q2 2022 Calculation
Sales per share
= (RevenuesQ2 2022
+ RevenuesQ1 2022
+ RevenuesQ4 2021
+ RevenuesQ3 2021)
÷ No. shares of common stock outstanding
= (2,184,242,000 + 1,059,231,000 + 982,247,000 + 456,958,000)
÷ 255,059,197 = 18.36
3 Closing price as at the filing date of Royal Caribbean Cruises Ltd. Quarterly or Annual Report.
4 Q2 2022 Calculation
P/S ratio = Share price ÷ Sales per share
= 38.71 ÷ 18.36 = 2.11
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Royal Caribbean Cruises Ltd. P/S ratio decreased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Price to Book Value (P/BV)
Royal Caribbean Cruises Ltd., historical P/BV calculation (quarterly data)
| Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 255,059,197 | 254,956,303 | 255,002,771 | 254,789,847 | 254,694,208 | 254,570,657 | 237,535,138 | 224,338,138 | 214,667,937 | 209,385,377 | 209,000,016 | 209,631,168 | 209,561,071 | 209,647,874 | 209,186,598 | 208,996,396 | 208,970,026 | 211,746,787 | 213,749,009 | 214,088,950 | 215,110,988 | 215,074,998 | |||||||
| Selected Financial Data (US$) | |||||||||||||||||||||||||||||
| Shareholders’ equity (in thousands) | 3,398,098) | 3,988,928) | 5,085,556) | 6,467,498) | 7,884,015) | 9,172,382) | 8,760,669) | 8,328,594) | 8,963,905) | 10,231,775) | 12,163,846) | 11,976,907) | 11,538,403) | 11,269,070) | 11,105,461) | 11,338,135) | 10,773,698) | 10,646,796) | 10,702,303) | 10,435,488) | 9,683,408) | 9,266,830) | |||||||
| Book value per share (BVPS)2 | 13.32 | 15.65 | 19.94 | 25.38 | 30.95 | 36.03 | 36.88 | 37.13 | 41.76 | 48.87 | 58.20 | 57.13 | 55.06 | 53.75 | 53.09 | 54.25 | 51.56 | 50.28 | 50.07 | 48.74 | 45.02 | 43.09 | |||||||
| Share price1, 3 | 38.71 | 73.59 | 73.67 | 84.43 | 78.10 | 84.90 | 93.27 | 56.98 | 57.31 | 43.35 | 89.55 | 109.42 | 113.96 | 125.77 | 120.93 | 103.07 | 114.35 | 108.19 | 130.55 | 129.23 | 116.87 | 106.60 | |||||||
| Valuation Ratio | |||||||||||||||||||||||||||||
| P/BV ratio4 | 2.91 | 4.70 | 3.69 | 3.33 | 2.52 | 2.36 | 2.53 | 1.53 | 1.37 | 0.89 | 1.54 | 1.92 | 2.07 | 2.34 | 2.28 | 1.90 | 2.22 | 2.15 | 2.61 | 2.65 | 2.60 | 2.47 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| P/BV Ratio, Competitors5 | |||||||||||||||||||||||||||||
| Airbnb Inc. | 14.23 | 16.27 | 20.88 | 28.80 | 28.30 | 27.60 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Booking Holdings Inc. | 19.51 | 19.54 | 16.35 | 18.03 | 17.84 | 20.15 | 20.46 | 14.74 | 17.94 | 15.43 | 11.61 | 13.01 | 14.59 | 10.87 | — | — | — | — | — | — | — | — | |||||||
| Carnival Corp. & plc | 1.27 | 2.21 | 1.84 | 1.96 | 1.69 | 1.69 | 1.02 | 0.72 | 0.61 | 0.25 | 1.30 | 1.24 | 1.37 | 1.54 | 1.66 | 1.87 | 1.80 | 2.01 | — | — | — | — | |||||||
| Chipotle Mexican Grill Inc. | 19.46 | 19.67 | 19.05 | 21.50 | 23.66 | 19.92 | 21.52 | 19.43 | 18.92 | 14.72 | 14.09 | 13.50 | 14.02 | 12.66 | — | — | — | — | — | — | — | — | |||||||
| McDonald’s Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Starbucks Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 72.30 | 17.71 | 17.03 | 13.88 | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Data adjusted for splits and stock dividends.
2 Q2 2022 Calculation
BVPS = Shareholders’ equity ÷ No. shares of common stock outstanding
= 3,398,098,000 ÷ 255,059,197 = 13.32
3 Closing price as at the filing date of Royal Caribbean Cruises Ltd. Quarterly or Annual Report.
4 Q2 2022 Calculation
P/BV ratio = Share price ÷ BVPS
= 38.71 ÷ 13.32 = 2.91
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | Royal Caribbean Cruises Ltd. P/BV ratio increased from Q4 2021 to Q1 2022 but then decreased significantly from Q1 2022 to Q2 2022. |