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Norfolk Southern (FRA:NFS) Cyclically Adjusted PB Ratio : 4.25 (As of Dec. 14, 2024)


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What is Norfolk Southern Cyclically Adjusted PB Ratio?

As of today (2024-12-14), Norfolk Southern's current share price is €236.00. Norfolk Southern's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €55.49. Norfolk Southern's Cyclically Adjusted PB Ratio for today is 4.25.

The historical rank and industry rank for Norfolk Southern's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:NFS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.11   Med: 3.94   Max: 6.01
Current: 3.93

During the past years, Norfolk Southern's highest Cyclically Adjusted PB Ratio was 6.01. The lowest was 2.11. And the median was 3.94.

FRA:NFS's Cyclically Adjusted PB Ratio is ranked worse than
85.34% of 682 companies
in the Transportation industry
Industry Median: 1.36 vs FRA:NFS: 3.93

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.

Norfolk Southern's adjusted book value per share data for the three months ended in Sep. 2024 was €54.899. 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 €55.49 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Norfolk Southern Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Norfolk Southern'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.

* Premium members only.

Norfolk Southern Cyclically Adjusted PB Ratio Chart

Norfolk Southern Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.42 5.07 5.69 4.29 3.91

Norfolk Southern Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.25 3.91 4.13 3.45 3.96

Competitive Comparison of Norfolk Southern's Cyclically Adjusted PB Ratio

For the Railroads subindustry, Norfolk Southern'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.


Norfolk Southern's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Norfolk Southern 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.

Norfolk Southern's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=236.00/55.49
=4.25

* 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.

Norfolk Southern's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Norfolk Southern's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=54.899/133.0289*133.0289
=54.899

Current CPI (Sep. 2024) = 133.0289.

Norfolk Southern Quarterly Data

Book Value per Share CPI Adj_Book
201412 32.646 99.070 43.836
201503 36.851 99.621 49.209
201506 35.704 100.684 47.174
201509 36.196 100.392 47.963
201512 37.571 99.792 50.084
201603 37.115 100.470 49.143
201606 37.210 101.688 48.678
201609 37.832 101.861 49.408
201612 40.506 101.863 52.899
201703 40.419 102.862 52.273
201706 39.104 103.349 50.334
201709 37.316 104.136 47.670
201712 48.647 104.011 62.219
201803 47.126 105.290 59.542
201806 50.618 106.317 63.336
201809 48.711 106.507 60.841
201812 50.367 105.998 63.211
201903 51.014 107.251 63.276
201906 51.442 108.070 63.323
201909 53.063 108.329 65.162
201912 52.987 108.420 65.014
202003 52.581 108.902 64.230
202006 51.729 108.767 63.268
202009 49.944 109.815 60.502
202012 48.229 109.897 58.381
202103 49.153 111.754 58.510
202106 48.115 114.631 55.837
202109 48.507 115.734 55.756
202112 50.267 117.630 56.848
202203 51.284 121.301 56.242
202206 52.980 125.017 56.375
202209 56.818 125.227 60.358
202212 52.702 125.222 55.988
202303 52.218 127.348 54.547
202306 51.392 128.729 53.109
202309 52.271 129.860 53.547
202312 51.932 129.419 53.380
202403 51.051 131.776 51.536
202406 53.329 132.554 53.520
202409 54.899 133.029 54.899

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.


Norfolk Southern  (FRA:NFS) 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.


Norfolk Southern Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Norfolk Southern's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Norfolk Southern Business Description

Address
650 West Peachtree Street NW, Atlanta, GA, USA, 30308-1925
Class-I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the rail hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products.

Norfolk Southern Headlines

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