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Relatively Low P/E Ratio Detected in Shares of Carnival Corp in the Hotels, Resorts & Cruise Lines Industry (CCL, RCL, NCLH, VAC, CHH)

By Shiri Gupta

Below are the three companies in the Hotels, Resorts & Cruise Lines industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Carnival Corp ranks lowest with a a P/E ratio of 11.48. Following is Royal Caribbean with a a P/E ratio of 14.08. Norwegian Cruise ranks third lowest with a a P/E ratio of 14.21.

Marriott Vacatio follows with a a P/E ratio of 16.34, and Choice Hotels rounds out the bottom five with a a P/E ratio of 32.40.

SmarTrend recommended that its subscribers protect gains by selling shares of Carnival Corp on March 26th, 2019 by issuing a Downtrend alert when the shares were trading at $52.54. Since that call, shares of Carnival Corp have fallen 12.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest p/e ratio carnival corp Royal Caribbean norwegian cruise marriott vacatio choice hotels

Ticker(s): CCL RCL NCLH VAC CHH