Norwegian Cruise Line PE ratio NCLH

Share price divided by earnings per share over the last twelve months, since 2014.

Today, Oct 23, 2026: 9.4×
10-year median: 16.0×
Against its 10-year history: 6th; percentile: 0 is its lowest day, 100 its highest
10-year range: 2.0× to 74.8×
Peer median: 18.4×

Norwegian Cruise Line's PE ratio is 9.4× as of Oct 23, 2026: a share price of $15.10 against $1.61 of earnings per share over the last twelve months.

That is below its ten-year median of 16.0×, lower than on 94% of days in the last ten years.

Over that time it ranged from 2.0× in Mar 2020 to 74.8× in Mar 2024.

The median for 10 travel stocks of a similar size is 18.4×.

PE ratio over time

median 16×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	9.4×	8.8×	23.9×
2025	17.2×	8.6×	26.0×
2024	23.6×	18.5×	74.8×
2023	n/m a value too high to mean anything
2022	n/m a value too high to mean anything
2021	n/m a value too high to mean anything
2020	2.5×	2.0×	13.4×
2019	13.3×	10.8×	13.8×
2018	10.5×	10.2×	19.0×
2017	16.6×	16.6×	20.8×
2016	16.2×	14.6×	35.3×
2015	37.6×	22.8×	48.4×
2014	24.7×	17.9×	74.5×

Against its peers

Companies in Travel Services nearest Norwegian Cruise Line's size, closest first, today.

Company	PE ratio
NCLHNorwegian Cruise Line	9.4×
KEXKirby	20.5×
MATXMatson	15.3×
GATXGatx	16.4×
FTDRFrontdoor	22.3×
GXOGXO Logistics	42.9×
INSWInternational Seaways	7.1×
TDWTidewater	17.5×
ABMABM Industries	19.4×
ROLRollins	31.7×
LPGDorian LPG	7.2×
Peer median	18.4×

Where Norwegian Cruise Line ranks

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Norwegian Cruise Line

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.