Canadian Pacific Kansas City (BSP:CPRL34) Cyclically Adjusted PB Ratio: 4.35 (As of Jul. 20, 2026) — 36% Below Median

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BSP:CPRL34 Canadian Pacific Kansas City Ltd BSP:CPRL34
18 GF Score
Price R$115.32
GF Value R$112.83
Valuation Fairly Valued
! 11 Warning Signs
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What is Canadian Pacific Kansas City Cyclically Adjusted PB Ratio?

Canadian Pacific Kansas City BSP:CPRL34 18 Cyclically Adjusted PB Ratio is 4.35 as of Jul. 20, 2026, which is 36% below its 10-year median of 6.84. GuruFocus rates BSP:CPRL34 with a GF Score™ of 18/100 and a GF Value™ of R$112.83 (Fairly Valued). The stock has 11 warning signs investors should review. Among 738 Transportation companies, Canadian Pacific Kansas City ranks worse than 89.84% on this metric.

As of today (2026-07-20), Canadian Pacific Kansas City's current share price is R$115.32. Canadian Pacific Kansas City's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$26.52. Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio for today is 4.35.

The historical rank and industry rank for Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:CPRL34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.75   Med: 6.84   Max: 11.64
Current: 4.68

During the past years, Canadian Pacific Kansas City's highest Cyclically Adjusted PB Ratio was 11.64. The lowest was 3.75. And the median was 6.84.

BSP:CPRL34's Cyclically Adjusted PB Ratio is ranked worse than
89.84% of 738 companies
in the Transportation industry
Industry Median: 1.235 vs BSP:CPRL34: 4.68

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.

Canadian Pacific Kansas City's adjusted book value per share data for the three months ended in Mar. 2026 was R$49.592. 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 R$26.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Pacific Kansas City  (BSP:CPRL34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Canadian Pacific Kansas City Cyclically Adjusted PB Ratio Related Terms


Canadian Pacific Kansas City Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio 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.

Canadian Pacific Kansas City Cyclically Adjusted PB Ratio Chart

Canadian Pacific Kansas City Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.25 7.38 5.94 4.79 3.80

Canadian Pacific Kansas City Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 4.37 4.45 4.07 3.80 3.90

BSP:CPRL34 vs UNP, CSX, NSC: Cyclically Adjusted PB Ratio Comparison

For the Railroads subindustry, Canadian Pacific Kansas City'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.


Canadian Pacific Kansas City Cyclically Adjusted PB Ratio vs Transportation Industry

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

* The bar in red indicates where Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio falls into.


BSP:CPRL34
18GF Score
Canadian Pacific Kansas City Ltd BSP:CPRL34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canadian Pacific Kansas City Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=115.32/26.52
=4.35

* 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.

Canadian Pacific Kansas City's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Canadian Pacific Kansas City'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)
=49.592/132.2623*132.2623
=49.592

Current CPI (Mar. 2026) = 132.2623.

Canadian Pacific Kansas City Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.214 102.002 5.464
201609 3.961 101.765 5.148
201612 3.976 101.449 5.184
201703 4.012 102.634 5.170
201706 4.524 103.029 5.808
201709 4.895 103.345 6.265
201712 5.732 103.345 7.336
201803 5.676 105.004 7.149
201806 6.627 105.557 8.304
201809 7.880 105.636 9.866
201812 6.826 105.399 8.566
201903 7.000 106.979 8.654
201906 7.464 107.690 9.167
201909 8.163 107.611 10.033
201912 8.041 107.769 9.868
202003 8.976 107.927 11.000
202006 10.545 108.401 12.866
202009 11.501 108.164 14.063
202012 11.026 108.559 13.433
202103 13.227 110.298 15.861
202106 13.831 111.720 16.374
202109 14.786 112.905 17.321
202112 40.188 113.774 46.719
202203 35.915 117.646 40.377
202206 37.533 120.806 41.092
202209 39.955 120.648 43.801
202212 40.340 120.964 44.108
202303 40.402 122.702 43.550
202306 39.301 124.203 41.851
202309 40.458 125.230 42.730
202312 40.644 125.072 42.980
202403 42.231 126.258 44.239
202406 46.195 127.522 47.912
202409 48.340 127.285 50.230
202412 54.925 127.364 57.037
202503 51.997 129.181 53.237
202506 51.060 129.892 51.992
202509 49.150 130.287 49.895
202512 50.534 130.366 51.269
202603 49.592 132.262 49.592

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

What does a Cyclically Adjusted PB Ratio of 4.35 mean?
Canadian Pacific Kansas City (BSP:CPRL34) has a Cyclically Adjusted PB Ratio of 4.35 as of Jul. 20, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Canadian Pacific Kansas City and its competitors. This is 36% below median its historical median of 6.84. Over the past decade, Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio has ranged from 3.75 to 11.64. According to the industry distribution chart, Canadian Pacific Kansas City ranks #663 out of 738 companies in the Transportation industry, placing it in the top 89.8%.
Is Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio too high?
Canadian Pacific Kansas City's current Cyclically Adjusted PB Ratio of 4.35 is 36% below median its 10-year median of 6.84. Over the past 10 years, this metric has ranged from a low of 3.75 to a high of 11.64. The Transportation industry median Cyclically Adjusted PB Ratio is 1.24. Canadian Pacific Kansas City's value of 4.35 is 252.2% above this industry median. Based on the distribution chart, Canadian Pacific Kansas City ranks #663 out of 738 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Canadian Pacific Kansas City has a GF Score™ of 18/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Canadian Pacific Kansas City ranks #663 out of 738 companies for Cyclically Adjusted PB Ratio. This places Canadian Pacific Kansas City in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Canadian Pacific Kansas City's value of 4.35 is 252.2% above this benchmark. Historically, Canadian Pacific Kansas City's own Cyclically Adjusted PB Ratio has ranged from 3.75 to 11.64 over the past decade. While the company's 10-year median is 6.84 vs. the industry median of 1.24, Canadian Pacific Kansas City has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.24, based on 738 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Pacific Kansas City's current Cyclically Adjusted PB Ratio of 4.35 is 252.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Canadian Pacific Kansas City and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Pacific Kansas City's current Cyclically Adjusted PB Ratio is 4.35, which is 36% below median its own 10-year median of 6.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Pacific Kansas City stock overvalued right now?
Based on GuruFocus' analysis, Canadian Pacific Kansas City (BSP:CPRL34) is currently considered Fairly Valued. The stock's GF Value™ is R$112.83, compared to a current price of R$115.32 — trading 2.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.35, which is 36% below median its 10-year median of 6.84 and 252.2% above the Transportation industry median of 1.24. Canadian Pacific Kansas City's overall GF Score™ is 18/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Canadian Pacific Kansas City (BSP:CPRL34), the current Cyclically Adjusted PB Ratio is 4.35 as of Jul. 20, 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 Canadian Pacific Kansas City (BSP:CPRL34) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Pacific Kansas City stock appears to be overvalued. The current stock price of R$115.32 is trading 2.2% above its estimated GF Value™ of R$112.83. GuruFocus considers Canadian Pacific Kansas City to be Fairly Valued.

Key valuation signals for BSP:CPRL34:

  • Cyclically Adjusted PB Ratio: 4.35 (36% below median its 10-year median of 6.84)
  • GF Value™: R$112.83 vs. price of R$115.32 (2.2% above fair value)
  • GF Score™: 18/100 with 11 warning signs
  • Industry Position: 252.2% above the Transportation median (#663 of 738)

No single metric tells the full story. See the BSP:CPRL34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canadian Pacific Kansas City Business Description

Address 7550 Ogden Dale Road SE, Calgary, AB, CAN, T2C 4X9
Canadian Pacific Kansas City is a Class I railroad operating on tracks that span most of Canada and into parts of the Midwestern and Northeastern United States. Following the April 2023 Kansas City Southern merger, CPKC operates new single-linehaul services from Canada and the Upper Midwest down through Texas, the Gulf of Mexico, and into Mexico. It also hauls cross-border and intra-Mexico freight via operating concessions on more than 3,000 miles of rail in Mexico. CPKC hauls shipments of grain, intermodal containers, energy products (like crude and frac sand), chemicals, plastics, coal, fertilizer and potash, automotive products, and a diverse mix of other merchandise.
18GF Score

Get the complete analysis for BSP:CPRL34

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

R$115.32
Price
R$112.83
GF Value