CSX (MEX:CSX) Cyclically Adjusted PB Ratio: 7.76 (As of Jul. 07, 2026) — 36% Above Median


MEX:CSX CSX Corp MEX:CSX
63 GF Score
Price MXN769.00
GF Value MXN561.03
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is CSX Cyclically Adjusted PB Ratio?

CSX MEX:CSX 63 Cyclically Adjusted PB Ratio is 7.76 as of Jul. 07, 2026, which is 36% above its 10-year median of 5.70. GuruFocus rates MEX:CSX with a GF Score™ of 63/100 and a GF Value™ of MXN561.03 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 740 Transportation companies, CSX ranks worse than 94.59% on this metric.

As of today (2026-07-07), CSX's current share 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 for today is 7.76.

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

MEX:CSX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.98   Med: 5.7   Max: 7.65
Current: 7.27

During the past years, CSX's highest Cyclically Adjusted PB Ratio was 7.65. The lowest was 2.98. And the median was 5.70.

MEX:CSX's Cyclically Adjusted PB Ratio is ranked worse than
94.59% of 740 companies
in the Transportation industry
Industry Median: 1.25 vs MEX:CSX: 7.27

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. 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


CSX  (MEX:CSX) 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


CSX Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

CSX Cyclically Adjusted PB Ratio Chart

CSX 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 7.58 5.61 5.88 5.17 5.54

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 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 4.63 5.07 5.44 5.54 6.12

MEX:CSX vs NSC, WAB, UNP: Cyclically Adjusted PB Ratio 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 PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=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.

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

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.

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 7.76 mean?
CSX (MEX:CSX) has a Cyclically Adjusted PB Ratio of 7.76 as of Jul. 07, 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 CSX and its competitors. This is 36% above median its historical median of 5.70. Over the past decade, CSX's Cyclically Adjusted PB Ratio has ranged from 2.98 to 7.65. According to the industry distribution chart, CSX ranks #700 out of 740 companies in the Transportation industry, placing it in the top 94.6%.
Is CSX's Cyclically Adjusted PB Ratio too high?
CSX's current Cyclically Adjusted PB Ratio of 7.76 is 36% above median its 10-year median of 5.70. Over the past 10 years, this metric has ranged from a low of 2.98 to a high of 7.65. The Transportation industry median Cyclically Adjusted PB Ratio is 1.25. CSX's value of 7.76 is 520.8% above this industry median. Based on the distribution chart, CSX ranks #700 out of 740 companies in the Transportation industry, which is in the bottom quartile relative to peers. 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 PB Ratio compare to NSC and WAB?
According to the Transportation industry distribution chart, CSX ranks #700 out of 740 companies for Cyclically Adjusted PB Ratio. This places CSX in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. CSX's value of 7.76 is 520.8% above this benchmark. Historically, CSX's own Cyclically Adjusted PB Ratio has ranged from 2.98 to 7.65 over the past decade. While the company's 10-year median is 5.70 vs. the industry median of 1.25, CSX 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 1.25, based on 740 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. CSX's current Cyclically Adjusted PB Ratio of 7.76 is 520.8% 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 CSX and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSX's current Cyclically Adjusted PB Ratio is 7.76, which is 36% above median its own 10-year median of 5.70. 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 MXN561.03, compared to a current price of MXN769.00 — trading 37.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.76, which is 36% above median its 10-year median of 5.70 and 520.8% above the Transportation industry median of 1.25. 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For CSX (MEX:CSX), the current Cyclically Adjusted PB Ratio is 7.76 as of Jul. 07, 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 37.1% above its estimated GF Value™ of MXN561.03. GuruFocus considers CSX to be Significantly Overvalued.

Key valuation signals for MEX:CSX:

  • Cyclically Adjusted PB Ratio: 7.76 (36% above median its 10-year median of 5.70)
  • GF Value™: MXN561.03 vs. price of MXN769.00 (37.1% above fair value)
  • GF Score™: 63/100 with 10 warning signs
  • Industry Position: 520.8% above the Transportation median (#700 of 740)

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

MXN769.00
Price
MXN561.03
GF Value