Carnival (CCL) Price to Book (2009 - 2026)
Carnival's (CCL) Price to Book stood at 2.96 in fiscal Q2 2026 (quarter ended May 31, 2026), up 9.3% from 2.71 a year earlier but down 1.2% from the prior quarter.
Carnival (CCL) Price to Book (2009 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Carnival's Price to Book came in at 2.60, down 18.9% from FY2024.
- Across earlier fiscal years, Price to Book came in at 3.20 in FY2024 (+30.6%), 2.45 in FY2023 (+56.5%), 1.57 in FY2022 (+9.4%) and 1.43 in FY2021 (+90.0%).
- Quarterly Price to Book has ranged from 1.26 in fiscal Q3 2022 to 3.20 in fiscal Q4 2024 over the past five years.
- On a year-over-year basis, Price to Book rose in five of the last eight quarters, with growth averaging 8.8%.
- Peak year-over-year performance for Price to Book in the last five years was growth of 161.7% in fiscal Q3 2021, against a decline of 21.2% in fiscal Q3 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 3.00 (Q1 2026), 2.60 (Q4 2025) and 3.12 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 2.96 |
| Feb 28, 2026 | 3.00 |
| Nov 30, 2025 | 2.60 |
| Aug 31, 2025 | 3.12 |
| May 31, 2025 | 2.71 |
| Feb 28, 2025 | 3.04 |
| Nov 30, 2024 | 3.20 |
| Aug 31, 2024 | 2.22 |
| May 31, 2024 | 2.48 |
| Feb 29, 2024 | 2.66 |
| Nov 30, 2023 | 2.45 |
| Aug 31, 2023 | 2.54 |
| May 31, 2023 | 2.14 |
| Feb 28, 2023 | 1.92 |
| Nov 30, 2022 | 1.57 |
| Aug 31, 2022 | 1.26 |
| May 31, 2022 | 1.67 |
| Feb 28, 2022 | 1.95 |
| Nov 30, 2021 | 1.43 |
| Aug 31, 2021 | 1.59 |
Carnival Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=CCL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "CCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();