As per SA: CCL is extremely cheap compared to its peers with a trailing P/S ratio of 6.34x compared to its peers’ average of 12.68x and forward P/S ratio of 1.59x. No doubt, CCL has a better balance sheet and has a safer capital structure than its peers with its trailing P/B ratio of 2.17x and forward P/B ratio of 2.15x. At a trailing BV per share of $9.05, I believe that CCL is cheap as of this writing and a $38 target price is achievable.$Carnival(CCL)$
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