Royal Caribbean Cruises (RCL) Price to Book (2009 - 2026)
Royal Caribbean Cruises' (RCL) quarterly Price to Book came in at 8.12 in Q2 2026, down 10.67% year-over-year from 9.09 in Q2 2025, and up 10.31% quarter-over-quarter from 7.36 in Q1 2026.
Analysis
Royal Caribbean Cruises (RCL) Price to Book (2009 - 2026) Analysis & Trends
Royal Caribbean Cruises has disclosed Price to Book across 18 years of filings, most recently posting 8.12 for Q2 2026.
- In Q2 2026, Price to Book fell 10.67% year-over-year to 8.12; the TTM figure through Jun 2026 stood at 8.12 (down 10.67% YoY), while the FY2025 annual figure was 7.37, down 8.24% from the prior year.
- Price to Book came in at 8.12 for Q2 2026 at Royal Caribbean Cruises, up from 7.36 in the prior quarter.
- In the past five years, Price to Book ranged from a high of 9.09 in Q2 2025 to a low of 2.62 in Q2 2022.
- Average Price to Book over 5 years is 6.43, with a median of 6.75 recorded in 2023.
- Year-over-year, Price to Book dropped 13.9% in 2022 and soared 186.34% in 2023.
- Over 5 years, Price to Book stood at 4.4 in 2022, then soared by 54.2% to 6.78 in 2023, then gained by 18.32% to 8.03 in 2024, then slipped by 8.24% to 7.37 in 2025, then gained by 10.22% to 8.12 in 2026.
- Per Business Quant data, the three most recent Price to Book figures were 8.12 in Q2 2026, 7.36 in Q1 2026, and 7.37 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 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 |