Royal Caribbean Cruises Ltd. RCL
242.70
3.72
1.56%
as of 25 Sep
- Market cap
- $64.9B
- P/E
- 14.9×
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Royal Caribbean Cruises Ltd. (RCL) P/B ratio
As of 25 September 2026, Royal Caribbean Cruises Ltd. (RCL) trades at a P/B ratio of 6.2×. Over the past ten years it has ranged from 0.4× (March 2020) to 10.6× (August 2025); the current reading is higher than 73% of that period. That is above the Travel Services industry median of 2.6× and above the Consumer Cyclical sector median of 1.6×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 7.4× | (5.22%) |
| FY2024 | 7.8× | 23.99% |
| FY2023 | 6.3× | 45.01% |
| FY2022 | 4.3× | 13.61% |
| FY2021 | 3.8× | 108.54% |
| FY2020 | 1.8× | (20.50%) |
| FY2019 | 2.3× | 23.96% |
| FY2018 | 1.9× | (23.19%) |
| FY2017 | 2.4× | 21.89% |
| FY2016 | 2.0× | (28.13%) |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 8.1× | 9.79% |
| Mar 2026 | 7.4× | 0.42% |
| Dec 2025 | 7.4× | (13.76%) |
| Sep 2025 | 8.6× | (5.99%) |
| 42 more quarters | Free account |
Against its own ten years
Low 0.4×
High 10.6×
Ten-year median
2.5×
Current reading's percentile
73
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| BKNG Booking Holdings Inc. compare | n/m |
| TCOM Trip.com Group Limited Sponsored ADR compare | 1.0× |
| CCL Carnival Corporation compare | 2.4× |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | 2.6× |
| GBTG Global Business Travel Group, Inc. compare | 3.0× |
| RCL Royal Caribbean Cruises Ltd. | 6.2× |
| ABNB Airbnb, Inc. compare | 12.0× |
| EXPE Expedia Group, Inc. compare | 12.9× |
| VIK Viking Holdings Ltd. compare | 21.7× |
| Travel Services industry median | 2.6× |
| Consumer Cyclical sector median | 1.6× |
| Market median | 1.8× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on RCL
- 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
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- 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