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Carnival (Carnival) Cyclically Adjusted PS Ratio : 0.69 (As of May. 09, 2024)


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What is Carnival Cyclically Adjusted PS Ratio?

As of today (2024-05-09), Carnival's current share price is $13.89. Carnival's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $20.26. Carnival's Cyclically Adjusted PS Ratio for today is 0.69.

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

CUKPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 1.19   Max: 3.93
Current: 0.64

During the past years, Carnival's highest Cyclically Adjusted PS Ratio was 3.93. The lowest was 0.34. And the median was 1.19.

CUKPF's Cyclically Adjusted PS Ratio is ranked better than
75.16% of 636 companies
in the Travel & Leisure industry
Industry Median: 1.48 vs CUKPF: 0.64

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.

Carnival's adjusted revenue per share data for the three months ended in Feb. 2024 was $4.278. 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 $20.26 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carnival Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Carnival'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.

Carnival Cyclically Adjusted PS Ratio Chart

Carnival Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 0.84 0.78 0.45 0.64

Carnival Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.49 0.48 0.69 0.64 0.69

Competitive Comparison of Carnival's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Carnival'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.


Carnival's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

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



Carnival 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.

Carnival's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.89/20.26
=0.69

* 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.

Carnival's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Carnival's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=4.278/130.0000*130.0000
=4.278

Current CPI (Feb. 2024) = 130.0000.

Carnival Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 4.670 99.600 6.095
201408 6.359 99.900 8.275
201411 4.780 99.900 6.220
201502 4.533 99.500 5.923
201505 4.603 100.100 5.978
201508 6.252 100.300 8.103
201511 4.795 100.300 6.215
201602 4.748 100.100 6.166
201605 4.899 100.800 6.318
201608 6.897 101.200 8.860
201611 5.413 101.800 6.912
201702 5.207 102.400 6.610
201705 5.426 103.500 6.815
201708 7.596 104.000 9.495
201711 5.924 104.700 7.355
201802 5.886 104.900 7.294
201805 6.094 105.900 7.481
201808 8.255 106.500 10.077
201811 6.364 106.900 7.739
201902 6.724 106.800 8.185
201905 6.980 107.900 8.410
201908 9.454 108.300 11.348
201911 6.939 108.500 8.314
202002 7.003 108.600 8.383
202005 1.026 108.600 1.228
202008 0.040 108.800 0.048
202011 0.036 109.100 0.043
202102 0.024 109.400 0.029
202105 0.043 111.000 0.050
202108 0.482 112.100 0.559
202111 1.137 114.100 1.295
202202 1.427 115.400 1.608
202205 2.106 119.700 2.287
202208 3.634 121.800 3.879
202211 3.052 124.800 3.179
202302 3.518 126.000 3.630
202305 3.888 129.100 3.915
202308 4.910 129.400 4.933
202311 4.276 130.000 4.276
202402 4.278 130.000 4.278

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.


Carnival  (OTCPK:CUKPF) 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.


Carnival Cyclically Adjusted PS Ratio Related Terms

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


Carnival (Carnival) Business Description

Traded in Other Exchanges
Address
Carnival House, 100 Harbour Parade, Southampton, Hampshire, GBR, S015 1ST
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; and P&O Cruises in Australia. Carnival 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 has reached again in 2023.