Carnival Corporation & plc’s (CCL) stock is trading at a discount compared with the Zacks Leisure and Recreation Services industry. With a forward 12-month Price/Earnings ratio of 12.1x, it sits below the industry average of 17.34x and the Consumer Discretionary sector’s 18.01x.In the past year, CCL has rallied 29% compared with the industry’s 23.7% appreciation. However, the metric lagged the S&P 500’s 33.7% rise. In contrast, other players in the cruise industry have posted even stronger gains, with Royal ...