Carnival
CCL
#1215
Rank
$12.83 B
Marketcap
$10.01
Share price
1.93%
Change (1 day)
-56.63%
Change (1 year)
Carnival Cruise Line Inc., CCL for short, is a cruise line an American cruise line company.

P/E ratio for Carnival (CCL)

P/E ratio as of August 2022 (TTM): -1.24

According to Carnival's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.23886. At the end of 2021 the company had a P/E ratio of -2.38.

P/E ratio history for Carnival from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-2.38
201911.76.2%
201811.1-40.04%
201718.433.15%
201613.8-42.56%
201524.1-14.91%
201428.3-1.97%
201328.931.25%
201222.063.25%
201113.5

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.