Royal Caribbean Cruises (RCL) Price to Book (2009 - 2026)
Royal Caribbean Cruises' (RCL) Price to Book came in at 8.12 for Q2 2026, down 10.7% from 9.09 a year earlier but up 10.3% from the prior quarter.
Analysis
Royal Caribbean Cruises (RCL) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Royal Caribbean Cruises' Price to Book stood at 7.37, down 8.2% from FY2024.
- In prior years, Royal Caribbean Cruises' Price to Book was 8.03 in FY2024 (+18.3%), 6.78 in FY2023 (+54.2%), 4.40 in FY2022 (+14.1%) and 3.85 in FY2021 (+90.4%).
- Quarterly Price to Book has run from a low of 2.62 in Q2 2022 to a high of 9.09 in Q2 2025 over five years.
- On a year-over-year basis, Price to Book increased in six of the last eight quarters, with growth averaging 13.0%.
- The strongest year-over-year quarter for Price to Book in the past five years was Q2 2023, with growth of 186.3%; the weakest was Q3 2022, with a decline of 13.9%.
- According to Business Quant data, Price to Book for the three prior quarters was 7.36 (Q1 2026), 7.37 (Q4 2025) and 8.58 (Q3 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.12 |
| Mar 31, 2026 | 7.36 |
| Dec 31, 2025 | 7.37 |
| Sep 30, 2025 | 8.58 |
| Jun 30, 2025 | 9.09 |
| Mar 31, 2025 | 6.85 |
| Dec 31, 2024 | 8.03 |
| Sep 30, 2024 | 6.60 |
| Jun 30, 2024 | 6.64 |
| Mar 31, 2024 | 6.72 |
| Dec 31, 2023 | 6.78 |
| Sep 30, 2023 | 5.14 |
| Jun 30, 2023 | 7.50 |
| Mar 31, 2023 | 5.52 |
| Dec 31, 2022 | 4.40 |
| Sep 30, 2022 | 3.02 |
| Jun 30, 2022 | 2.62 |
| Mar 31, 2022 | 5.35 |
| Dec 31, 2021 | 3.85 |
| Sep 30, 2021 | 3.50 |
API Access
Royal Caribbean Cruises 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=RCL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "RCL", "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=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();