Norwegian Cruise Line Holdings Ltd. NCLH
- Market cap
- $6.6B
- P/E
- 8.7×
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Norwegian Cruise Line Holdings Ltd. (NCLH) EV/Sales
As of 25 September 2026, Norwegian Cruise Line Holdings Ltd. (NCLH) trades at a EV/Sales of 2.1×. Over the past ten years it has ranged from 1.3× (March 2020) to 868× (July 2021); the current reading is higher than 3% of that period. That is below the Travel Services industry median of 2.4× and above the Consumer Cyclical sector median of 1.0×.
EV/Sales, daily
Annual
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 2.5× | (2.35%) |
| FY2024 | 2.5× | 1.46% |
| FY2023 | 2.5× | (31.22%) |
| FY2022 | 3.6× | (87.08%) |
| FY2021 | 28.2× | 140.97% |
| FY2020 | 11.7× | 296.03% |
| FY2019 | 3.0× | 13.42% |
| FY2018 | 2.6× | (24.65%) |
| FY2017 | 3.5× | 5.45% |
| FY2016 | 3.3× | (27.13%) |
Quarterly
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 2.4× | 2.99% |
| Mar 2026 | 2.3× | (5.64%) |
| Dec 2025 | 2.5× | (5.46%) |
| Sep 2025 | 2.6× | 10.96% |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| TCOM Trip.com Group Limited Sponsored ADR compare | 1.8× |
| GBTG Global Business Travel Group, Inc. compare | 1.8× |
| EXPE Expedia Group, Inc. compare | 1.9× |
| CCL Carnival Corporation compare | 2.0× |
| NCLH Norwegian Cruise Line Holdings Ltd. | 2.1× |
| TNL Travel + Leisure Co. compare | 2.4× |
| LIND Lindblad Expeditions compare | 3.1× |
| PRSU Pursuit Attractions and Hospitality, Inc. compare | 3.2× |
| MMYT MakeMyTrip Limited compare | 4.9× |
| Travel Services industry median | 2.4× |
| Consumer Cyclical sector median | 1.0× |
| Market median | 2.2× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)
More on NCLH
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement