Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 12.97 as of 2026-09-23T23:31:28.286Z.
Consensus retrieved: 2026-09-13T23:37:33.881Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-23T23:31:28.286Z.
Quote observation: 2026-09-23T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 024946186f58b405c24288de3e0f353613d736492733cc42c903549b43792d00
Forward PE Ratio (12.97) = Dated Quote Price ($230.30) / Consensus Forward EPS ($17.76)
FORWARD PE RATIO
12.97
SECTOR MEDIAN · CONSUMER CYCLICAL
17.42
median of 78 covered companies
CURRENT VS SECTOR MEDIAN
-25.55%
vs the sector median at left
Royal Caribbean Cruises Ltd.
Market Cap
$61.77B
Forward PE Ratio
12.97
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Royal Caribbean Cruises Ltd. (RCL) | $61.77B | 12.97 |
| Sea Limited (SE)vs › | $62.01B | 28.11 |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $69.14B | 33.98 |
| Carvana Co. (CVNA)vs › | $70.15B | 39.50 |
| NIKE, Inc. (NKE)vs › | $53.35B | 20.98 |
| O'Reilly Automotive, Inc. (ORLY)vs › | $71.19B | 26.13 |
| Ford Motor Company (F)vs › | $51.66B | 7.00 |
| Ferrari N.V. (RACE)vs › | $72.66B | N/A |
| Ross Stores, Inc. (ROST)vs › | $75.06B | 27.58 |
| eBay Inc. (EBAY)vs › | $48.44B | 17.77 |
Trailing P/E
14.2
reported TTM EPS
Forward P/E
13.0
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $17.76 implies +9.8% EPS growth vs the reported trailing $16.18.
At the dated quote price of $230.30, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $17.76 | $17.71 – $17.86 | 15 | 13.0x |
| 2027-12-31 | $20.32 | $19.29 – $21.07 | 16 | 11.3x |
| 2028-12-31 | $23.31 | $21.85 – $25.36 | 5 | 9.9x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
