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Canadian National Railway Co (BSP:CNIC34) E10 : R$1.06 (As of Mar. 2024)


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What is Canadian National Railway Co E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Canadian National Railway Co's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.264. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Canadian National Railway Co's average E10 Growth Rate was 9.70% per year. During the past 3 years, the average E10 Growth Rate was 12.10% per year. During the past 5 years, the average E10 Growth Rate was 10.60% per year. During the past 10 years, the average E10 Growth Rate was 11.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Canadian National Railway Co was 15.80% per year. The lowest was 9.40% per year. And the median was 12.25% per year.

As of today (2024-05-24), Canadian National Railway Co's current stock price is R$27.15. Canadian National Railway Co's E10 for the quarter that ended in Mar. 2024 was R$1.06. Canadian National Railway Co's Shiller PE Ratio of today is 25.61.

During the past 13 years, the highest Shiller PE Ratio of Canadian National Railway Co was 33.99. The lowest was 21.64. And the median was 27.25.


Canadian National Railway Co E10 Historical Data

The historical data trend for Canadian National Railway Co's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canadian National Railway Co E10 Chart

Canadian National Railway Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.83 1.06 1.03 1.04

Canadian National Railway Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.98 1.04 1.04 1.06

Competitive Comparison of Canadian National Railway Co's E10

For the Railroads subindustry, Canadian National Railway Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian National Railway Co's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Canadian National Railway Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Canadian National Railway Co's Shiller PE Ratio falls into.



Canadian National Railway Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Canadian National Railway Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.264/126.2576*126.2576
=0.264

Current CPI (Mar. 2024) = 126.2576.

Canadian National Railway Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.089 99.473 0.113
201409 0.092 99.394 0.117
201412 0.098 98.367 0.126
201503 0.089 99.789 0.113
201506 0.115 100.500 0.144
201509 0.154 100.421 0.194
201512 0.139 99.947 0.176
201603 0.117 101.054 0.146
201606 0.122 102.002 0.151
201609 0.129 101.765 0.160
201612 0.138 101.449 0.172
201703 0.113 102.634 0.139
201706 0.140 103.029 0.172
201709 0.135 103.345 0.165
201712 0.374 103.345 0.457
201803 0.106 105.004 0.127
201806 0.212 105.557 0.254
201809 0.202 105.636 0.241
201812 0.188 105.399 0.225
201903 0.129 106.979 0.152
201906 0.227 107.690 0.266
201909 0.215 107.611 0.252
201912 0.158 107.769 0.185
202003 0.207 107.927 0.242
202006 0.123 108.401 0.143
202009 0.235 108.164 0.274
202012 0.239 108.559 0.278
202103 0.256 110.298 0.293
202106 0.250 111.720 0.283
202109 0.411 112.905 0.460
202112 0.313 113.774 0.347
202203 0.215 117.646 0.231
202206 0.315 120.806 0.329
202209 0.349 120.648 0.365
202212 0.338 120.964 0.353
202303 0.289 122.702 0.297
202306 0.268 124.203 0.272
202309 0.257 125.230 0.259
202312 0.501 125.072 0.506
202403 0.264 126.258 0.264

Add all the adjusted EPS together and divide 10 will get our e10.


Canadian National Railway Co  (BSP:CNIC34) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Canadian National Railway Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=27.15/1.06
=25.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Canadian National Railway Co was 33.99. The lowest was 21.64. And the median was 27.25.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Canadian National Railway Co E10 Related Terms

Thank you for viewing the detailed overview of Canadian National Railway Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian National Railway Co (BSP:CNIC34) Business Description

Traded in Other Exchanges
Address
935 de La Gauchetiere Street West, Montreal, QC, CAN, H3B 2M9
Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2022, CN generated roughly CAD 17.1 billion in revenue by hauling intermodal containers (29% of consolidated revenue), petroleum and chemicals (19%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.

Canadian National Railway Co (BSP:CNIC34) Headlines

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