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CSX (LTS:0HRJ) Cyclically Adjusted PB Ratio : 5.56 (As of May. 18, 2024)


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What is CSX Cyclically Adjusted PB Ratio?

As of today (2024-05-18), CSX's current share price is $33.671. CSX's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.06. CSX's Cyclically Adjusted PB Ratio for today is 5.56.

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

LTS:0HRJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.51   Med: 5.44   Max: 7.65
Current: 5.54

During the past years, CSX's highest Cyclically Adjusted PB Ratio was 7.65. The lowest was 2.51. And the median was 5.44.

LTS:0HRJ's Cyclically Adjusted PB Ratio is ranked worse than
91.62% of 704 companies
in the Transportation industry
Industry Median: 1.27 vs LTS:0HRJ: 5.54

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 adjusted book value per share data for the three months ended in Mar. 2024 was $6.444. 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 $6.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CSX Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CSX'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.

CSX Cyclically Adjusted PB Ratio Chart

CSX 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 5.92 6.92 7.58 5.61 5.88

CSX Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.28 5.90 5.23 5.88 6.13

Competitive Comparison of CSX's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



CSX 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.671/6.06
=5.56

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.444/131.7762*131.7762
=6.444

Current CPI (Mar. 2024) = 131.7762.

CSX Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.629 100.560 4.756
201409 3.723 100.428 4.885
201412 3.747 99.070 4.984
201503 3.818 99.621 5.050
201506 3.918 100.684 5.128
201509 3.981 100.392 5.226
201512 4.021 99.792 5.310
201603 4.043 100.470 5.303
201606 4.092 101.688 5.303
201609 4.148 101.861 5.366
201612 4.195 101.863 5.427
201703 4.211 102.862 5.395
201706 4.229 103.349 5.392
201709 4.061 104.136 5.139
201712 5.507 104.011 6.977
201803 5.475 105.290 6.852
201806 5.437 106.317 6.739
201809 5.416 106.507 6.701
201812 5.119 105.998 6.364
201903 5.120 107.251 6.291
201906 5.127 108.070 6.252
201909 5.055 108.329 6.149
201912 5.109 108.420 6.210
202003 5.169 108.902 6.255
202006 5.294 108.767 6.414
202009 5.541 109.815 6.649
202012 5.723 109.897 6.862
202103 5.788 111.754 6.825
202106 5.955 114.631 6.846
202109 5.935 115.734 6.758
202112 6.126 117.630 6.863
202203 6.064 121.301 6.588
202206 6.132 125.017 6.464
202209 6.123 125.227 6.443
202212 6.106 125.222 6.426
202303 6.063 127.348 6.274
202306 6.116 128.729 6.261
202309 6.047 129.860 6.136
202312 6.193 129.419 6.306
202403 6.444 131.776 6.444

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.


CSX  (LTS:0HRJ) 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.


CSX Cyclically Adjusted PB Ratio Related Terms

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


CSX (LTS:0HRJ) Business Description

Industry
Traded in Other Exchanges
Address
500 Water Street, 15th Floor, Jacksonville, FL, USA, 32202
Operating in the Eastern United States, Class I railroad CSX generated revenue near $14.8 billion in 2022. 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.

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