CSX (MEX:CSX) Cyclically Adjusted Book per Share: MXN99.07 (As of Mar. 2026)


MEX:CSX CSX Corp MEX:CSX
63 GF Score
Price MXN769.00
GF Value MXN572.96
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is CSX Cyclically Adjusted Book per Share?

CSX MEX:CSX 63 Cyclically Adjusted Book per Share is MXN99.07 as of Mar. 2026. GuruFocus rates MEX:CSX with a GF Score™ of 63/100 and a GF Value™ of MXN572.96 (Significantly Overvalued). The stock has 10 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

CSX's adjusted book value per share for the three months ended in Mar. 2026 was MXN131.741. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN99.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CSX's average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.70% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of CSX was 10.70% per year. The lowest was 4.00% per year. And the median was 6.20% per year.

As of today (2026-06-27), CSX's current stock price is MXN769.00. CSX's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN99.07. CSX's Cyclically Adjusted PB Ratio of today is 7.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CSX was 7.65. The lowest was 2.80. And the median was 5.68.


CSX  (MEX:CSX) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

CSX's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=769.00/99.07
=7.76

* 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 Cyclically Adjusted PB Ratio of CSX was 7.65. The lowest was 2.80. And the median was 5.68.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


CSX Cyclically Adjusted Book per Share Related Terms


CSX Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for CSX's Cyclically Adjusted Book per Share 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.

CSX Cyclically Adjusted Book per Share Chart

CSX Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.04 107.34 100.70 128.20 109.52

CSX Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 130.35 118.33 111.29 109.52 99.07

MEX:CSX vs NSC, WAB, UNP: Cyclically Adjusted Book per Share Comparison

For the Railroads subindustry, CSX's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


CSX Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, CSX's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CSX's Cyclically Adjusted PB Ratio falls into.


MEX:CSX
63GF Score
CSX Corp MEX:CSX
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CSX Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

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

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, CSX's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=131.741/330.2130*330.2130
=131.741

Current CPI (Mar. 2026) = 330.2130.

CSX Quarterly Data

Book Value per Share CPI Adj_Book
201606 75.669 241.018 103.672
201609 80.205 241.428 109.700
201612 86.489 241.432 118.293
201703 79.287 243.801 107.389
201706 76.442 244.955 103.048
201709 73.691 246.819 98.589
201712 108.164 246.524 144.883
201803 99.470 249.554 131.620
201806 106.841 251.989 140.007
201809 101.298 252.439 132.507
201812 100.519 251.233 132.119
201903 99.312 254.202 129.008
201906 98.478 256.143 126.955
201909 99.795 256.759 128.345
201912 96.358 256.974 123.821
202003 121.212 258.115 155.070
202006 122.191 257.797 156.515
202009 122.408 260.280 155.297
202012 113.851 260.474 144.333
202103 118.308 264.877 147.490
202106 118.544 271.696 144.076
202109 122.029 274.310 146.898
202112 125.674 278.802 148.848
202203 120.734 287.504 138.669
202206 123.372 296.311 137.487
202209 123.173 296.808 137.036
202212 119.043 296.797 132.446
202303 109.282 301.836 119.556
202306 104.846 305.109 113.473
202309 105.335 307.789 113.009
202312 103.834 306.746 111.778
202403 106.942 312.332 113.064
202406 119.215 314.175 125.301
202409 132.033 315.301 138.277
202412 137.217 315.605 143.568
202503 132.537 319.799 136.853
202506 124.957 322.561 127.921
202509 125.632 324.800 127.726
202512 127.365 324.054 129.786
202603 131.741 330.213 131.741

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of MXN99.07 mean?
CSX (MEX:CSX) has a Cyclically Adjusted Book per Share of MXN99.07 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on CSX and its competitors.
Is CSX's Cyclically Adjusted Book per Share too high?
CSX's current Cyclically Adjusted Book per Share is MXN99.07. Overall, CSX has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CSX's Cyclically Adjusted Book per Share compare to NSC and WAB?
CSX's Cyclically Adjusted Book per Share of MXN99.07 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on CSX and its competitors. CSX's current Cyclically Adjusted Book per Share is MXN99.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSX stock overvalued right now?
Based on GuruFocus' analysis, CSX (MEX:CSX) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN572.96, compared to a current price of MXN769.00 — trading 34.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN99.07. CSX's overall GF Score™ is 63/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For CSX (MEX:CSX), the current Cyclically Adjusted Book per Share is MXN99.07 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CSX (MEX:CSX) Overvalued in 2026?

Based on GuruFocus' analysis, CSX stock appears to be overvalued. The current stock price of MXN769.00 is trading 34.2% above its estimated GF Value™ of MXN572.96. GuruFocus considers CSX to be Significantly Overvalued.

Key valuation signals for MEX:CSX:

  • Cyclically Adjusted Book per Share: MXN99.07
  • GF Value™: MXN572.96 vs. price of MXN769.00 (34.2% above fair value)
  • GF Score™: 63/100 with 10 warning signs

No single metric tells the full story. See the MEX:CSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CSX Business Description

Address 500 Water Street, 15th Floor, Jacksonville, FL, USA, 32202
Operating in the Eastern United States, Class I railroad CSX generated revenue of nearly $14 billion in 2025. On its more than 21,000 miles of track, CSX hauls shipments of coal (16% of consolidated revenue), chemicals (17%), intermodal containers (16%), automotive cargo (7%), and a diverse mix of other bulk and industrial merchandise.
63GF Score

Get the complete analysis for MEX:CSX

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN769.00
Price
MXN572.96
GF Value