CCLCarnival Corporation
Is the price fair?
Undemanding: modest expectations priced in and cheap against its own history.
Priced for a decline (~−2% a year). The price demands less than its three-year revenue growth of 11% a year, expectations look modest.
Cheap vs its own history: P/E 11.4 vs a 12.9 median over 26 quarters (−11% vs median).
Sector median 15.0× across 156 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.
Unless marked, from derived, as of Aug 31, 2026.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What CCL's price assumes
Carnival Corporation trades at 11.4× earnings against 18.0× for the median Travel Services name, cheaper than its own group.
Trailing P/E · Travel Services median 18.0 · cheaper than the typical name in its group
- Price / sales
- 1.27
Price / sales · today's price, trailing year to Aug 31, 2026
- Free cash flow yield
- 9.0%
Free cash flow yield · Travel Services median 9.0%
- Growth the price implies
- −2.3%
Growth the price implies · The price pays for −2.3% free cash flow growth a year for a decade; revenue has grown 11% a year over the last three.
Details›
- Price / booktoday's price, trailing year to Aug 31, 2026
- 2.47
- EV / EBITtoday's price, trailing year to Aug 31, 2026
- 13.1
- EV / salestoday's price, trailing year to Aug 31, 2026
- 2.09
- Consumer Cyclical median P/E317 names
- 18.0
- Travel Services median P/E12 names
- 18.0
- Free cash flow, trailing twelve months
- $3.18B
- Market capitalisation1.34 billion shares, counted Sep 22, 2026
- $35.1B
- 3-year revenue growth
- +11%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $28.31 |
| Its own P/E history, median | $29.44 |
| Its own P/E history, upper quartile | $37.26 |
| 52-week range | $21.80 – $33.63 |
| Today | $26.11 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
What is it worth?
Today's price against what its own multiples, its cash flow and your growth assumption say it is worth.
Against its own past
Its multiples now against their own history, and how much of the price move came from earnings rather than the multiple.
Travel Services
The closest names by size in the same industry