Carnival Corporation & plc (CUK) P/E Ratio History
UndervaluedTrading at 13.6x vs 5Y avg 16.7x · 50th percentile · Below historical baseline · Data 2000–2025
Loading P/E history...
P/E Ratio Analysis
As of June 23, 2026, Carnival Corporation & plc (CUK) trades at a price-to-earnings ratio of 13.6x, with a stock price of $27.47 and trailing twelve-month earnings per share of $1.97.
The current P/E is 18% below its 5-year average of 16.7x. Over the past five years, CUK's P/E has ranged from a low of 9.7x to a high of 55.4x, placing the current valuation at the 50th percentile of its historical range.
Compared to the Consumer Cyclical sector median P/E of 21.2x, CUK trades at a 36% discount to its sector peers. The sector includes 307 companies with P/E ratios ranging from 0.1x to 184.9x.
Relative to the broader market, CUK trades at a notable discount to the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our CUK DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
CUK Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
CUK P/E vs Peers
Cruise Lines and Voyages peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $85B | 20.0 | - | +43%Best | |
| $9B | 22.7 | - | -52% | |
| $38B | 15.3Lowest | - | +40% | |
| $79B | 57.0 | - | -0% | |
| $104B | 41.7 | - | +14% | |
| $5B | 22.3 | - | -36% | |
| $102B | 1916.7 | - | -85% | |
| $21B | 27.1 | 3.44Best | +4% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
CUK Historical P/E Data (2000–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Nov 30 2025 | $23.83 | $2.00 | 11.9x | -32% |
| FY2025 Q3 | Aug 31 2025 | $29.07 | $1.86 | 15.6x | -11% |
| FY2025 Q2 | May 31 2025 | $20.91 | $1.79 | 11.7x | -34% |
| FY2025 Q1 | Feb 28 2025 | $21.62 | $1.44 | 15.0x | -15% |
| FY2024 Q4 | Nov 30 2024 | $22.99 | $1.33 | 17.3x | -2% |
| FY2024 Q3 | Aug 31 2024 | $15.05 | $1.12 | 13.4x | -24% |
| FY2024 Q2 | May 31 2024 | $13.69 | $0.65 | 21.0x | +19% |
| FY2024 Q1 | - | $14.40 | $0.26 | 55.4x | +214% |
| FY2020 Q1 | Feb 29 2020 | $31.83 | $2.70 | 11.8x | -33% |
| FY2019 Q4 | Nov 30 2019 | $42.58 | $4.32 | 9.9x | -44% |
| FY2019 Q3 | Aug 31 2019 | $42.76 | $4.42 | 9.7x | -45% |
| FY2019 Q2 | May 31 2019 | $50.14 | $4.25 | 11.8x | -33% |
| FY2019 Q1 | - | $56.82 | $4.38 | 13.0x | -26% |
| FY2018 Q4 | Nov 30 2018 | $59.39 | $4.44 | 13.4x | -24% |
| FY2018 Q3 | Aug 31 2018 | $60.92 | $4.49 | 13.6x | -23% |
| FY2018 Q2 | - | $64.13 | $3.91 | 16.4x | -7% |
| FY2018 Q1 | Feb 28 2018 | $66.70 | $3.65 | 18.3x | +4% |
| FY2017 Q4 | - | $65.96 | $3.59 | 18.4x | +4% |
| FY2017 Q3 | - | $70.12 | $3.66 | 19.2x | +9% |
| FY2017 Q2 | May 31 2017 | $64.19 | $3.76 | 17.1x | -3% |
| FY2017 Q1 | - | $54.95 | $4.04 | 13.6x | -23% |
| FY2016 Q4 | Nov 30 2016 | $51.03 | $3.74 | 13.6x | -23% |
| FY2016 Q3 | Aug 31 2016 | $48.49 | $3.26 | 14.9x | -16% |
| FY2016 Q2 | - | $49.48 | $2.89 | 17.1x | -3% |
| FY2016 Q1 | Feb 29 2016 | $49.57 | $2.38 | 20.8x | +18% |
| FY2015 Q4 | Nov 30 2015 | $52.17 | $2.26 | 23.1x | +31% |
| FY2015 Q3 | Aug 31 2015 | $50.81 | $1.78 | 28.5x | +62% |
| FY2015 Q2 | May 31 2015 | $48.14 | $1.82 | 26.5x | +50% |
| FY2015 Q1 | Feb 28 2015 | $45.08 | $1.66 | 27.2x | +54% |
| FY2014 Q4 | Nov 30 2014 | $44.08 | $1.57 | 28.1x | +59% |
| FY2014 Q3 | Aug 31 2014 | $37.68 | $1.79 | 21.1x | +20% |
| FY2014 Q2 | May 31 2014 | $40.69 | $1.39 | 29.4x | +67% |
| FY2014 Q1 | Feb 28 2014 | $41.06 | $1.31 | 31.3x | +78% |
| FY2013 Q4 | Nov 30 2013 | $36.51 | $1.39 | 26.3x | +49% |
| FY2013 Q3 | Aug 31 2013 | $37.55 | $1.42 | 26.4x | +49% |
| FY2013 Q2 | May 31 2013 | $33.96 | $1.93 | 17.6x | -0% |
| FY2013 Q1 | - | $37.58 | $1.90 | 19.8x | +12% |
| FY2012 Q4 | Nov 30 2012 | $40.50 | $1.67 | 24.3x | +38% |
| FY2012 Q3 | Aug 31 2012 | $34.14 | $1.83 | 18.7x | +6% |
| FY2012 Q2 | - | $32.31 | $1.81 | 17.9x | +1% |
| FY2012 Q1 | Feb 29 2012 | $29.70 | $2.05 | 14.5x | -18% |
| FY2011 Q4 | Nov 30 2011 | $34.39 | $2.42 | 14.2x | -19% |
| FY2011 Q3 | Aug 31 2011 | $32.58 | $2.45 | 13.3x | -25% |
| FY2011 Q2 | - | $40.52 | $2.38 | 17.0x | -3% |
| FY2011 Q1 | Feb 28 2011 | $44.68 | $2.44 | 18.3x | +4% |
| FY2010 Q4 | - | $41.40 | $2.47 | 16.8x | -5% |
| FY2010 Q3 | - | $32.55 | $2.40 | 13.6x | -23% |
| FY2010 Q2 | May 31 2010 | $37.96 | $2.11 | 18.0x | +2% |
| FY2010 Q1 | Feb 28 2010 | $38.10 | $2.12 | 18.0x | +2% |
| FY2009 Q4 | Nov 30 2009 | $33.66 | $2.23 | 15.1x | -14% |
| FY2009 Q3 | Aug 31 2009 | $30.12 | $2.44 | 12.3x | -30% |
| FY2009 Q2 | May 31 2009 | $26.17 | $2.76 | 9.5x | -46% |
| FY2009 Q1 | Feb 28 2009 | $20.14 | $2.92 | 6.9x | -61% |
| FY2008 Q4 | Nov 30 2008 | $21.09 | $2.89 | 7.3x | -59% |
| FY2008 Q3 | Aug 31 2008 | $34.69 | $2.87 | 12.1x | -31% |
| FY2008 Q2 | May 31 2008 | $38.63 | $2.89 | 13.4x | -24% |
| FY2008 Q1 | Feb 29 2008 | $39.37 | $2.88 | 13.7x | -22% |
| FY2007 Q4 | Nov 30 2007 | $43.82 | $2.93 | 15.0x | -15% |
| FY2007 Q3 | Aug 31 2007 | $44.85 | $3.01 | 14.9x | -15% |
| FY2007 Q2 | - | $51.96 | $2.83 | 18.4x | +4% |
| FY2007 Q1 | Feb 28 2007 | $47.82 | $2.81 | 17.0x | -3% |
| FY2006 Q4 | - | $49.23 | $2.77 | 17.8x | +1% |
| FY2006 Q3 | - | $43.14 | $2.68 | 16.1x | -9% |
| FY2006 Q2 | May 31 2006 | $40.60 | $2.59 | 15.7x | -11% |
| FY2006 Q1 | - | $55.16 | $2.60 | 21.2x | +20% |
| FY2005 Q4 | Nov 30 2005 | $56.05 | $2.71 | 20.7x | +17% |
| FY2005 Q3 | Aug 31 2005 | $51.87 | $2.64 | 19.6x | +11% |
| FY2005 Q2 | - | $55.15 | $2.46 | 22.4x | +27% |
| FY2005 Q1 | Feb 28 2005 | $57.90 | $2.39 | 24.2x | +37% |
| FY2004 Q4 | - | $56.09 | $2.22 | 25.3x | +43% |
| FY2004 Q3 | - | $48.22 | $2.15 | 22.4x | +27% |
| FY2004 Q2 | May 31 2004 | $44.75 | $1.83 | 24.5x | +39% |
| FY2004 Q1 | Feb 29 2004 | $46.96 | $1.62 | 29.0x | +64% |
| FY2003 Q4 | Nov 30 2003 | $35.14 | $1.59 | 22.1x | +25% |
| FY2003 Q3 | Aug 31 2003 | $32.67 | $1.63 | 20.0x | +14% |
| FY2003 Q2 | May 31 2003 | $28.39 | $1.58 | 18.0x | +2% |
| FY2003 Q1 | Feb 28 2003 | $21.17 | $1.72 | 12.3x | -30% |
| FY2002 Q4 | Nov 30 2002 | $26.00 | $1.72 | 15.1x | -14% |
| FY2002 Q3 | Aug 31 2002 | $21.67 | $1.60 | 13.5x | -23% |
| FY2002 Q2 | May 31 2002 | $21.68 | $1.59 | 13.6x | -23% |
| FY2002 Q1 | - | $19.61 | $1.58 | 12.4x | -30% |
| FY2001 Q4 | Nov 30 2001 | $17.34 | $1.58 | 11.0x | -38% |
| FY2001 Q3 | Aug 31 2001 | $18.32 | $1.70 | 10.8x | -39% |
| FY2001 Q2 | - | $16.98 | $1.53 | 11.1x | -37% |
| FY2001 Q1 | Feb 28 2001 | $17.66 | $1.55 | 11.4x | -35% |
| FY2000 Q4 | - | $11.87 | $1.61 | 7.4x | -58% |
Average P/E for displayed period: 17.6x
Full Stock Analysis
Deep dive into CUK consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
26+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
CUK — Frequently Asked Questions
Quick answers to the most common questions about buying CUK stock.
What is CUK's P/E ratio?
Carnival Corporation & plc (CUK) trailing twelve-month P/E ratio is 13.6x, based on TTM diluted EPS of $1.97. The 5-year average P/E is 16.7x and the historical range spans 9.7x to 55.4x.
Is CUK stock overvalued or undervalued?
CUK trades at 13.6x P/E, near its 5-year average of 16.7x. The 50th percentile ranking within the 9.7x–55.4x historical range places valuation within normal bounds.
Is CUK stock expensive?
CUK is fairly valued relative to its own history. The current P/E of 13.6x is near the 5-year average of 16.7x (50th percentile of historical range).
What is CUK's historical P/E range?
Over the past 5 years, CUK's P/E ratio has ranged from 9.7x to 55.4x, with a median of 15.0x and an average of 16.7x. The current P/E of 13.6x places the stock at the 50th percentile of this range. Full historical data spans 2000–2025.
How does CUK's P/E compare to the S&P 500?
CUK trades at 13.6x P/E versus the S&P 500 median of 24.4x. The 44% discount to the market suggests lower growth expectations or perceived higher risk.
How does CUK's valuation compare to Consumer Cyclical peers?
Carnival Corporation & plc P/E of 13.6x compares to the Consumer Cyclical sector median of 21.2x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is CUK's PEG ratio?
CUK PEG ratio is N/A, based on a P/E of 13.6x and EPS growth of 40.3%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is CUK's earnings yield?
CUK earnings yield is 7.35%, the inverse of its 13.6x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.