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CNI (Canadian National Railway Co) Cyclically Adjusted PS Ratio : 6.31 (As of May. 24, 2025)


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What is Canadian National Railway Co Cyclically Adjusted PS Ratio?

As of today (2025-05-24), Canadian National Railway Co's current share price is $104.98. Canadian National Railway Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $16.65. Canadian National Railway Co's Cyclically Adjusted PS Ratio for today is 6.31.

The historical rank and industry rank for Canadian National Railway Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

CNI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.63   Med: 7.72   Max: 9.33
Current: 6.03

During the past years, Canadian National Railway Co's highest Cyclically Adjusted PS Ratio was 9.33. The lowest was 5.63. And the median was 7.72.

CNI's Cyclically Adjusted PS Ratio is ranked worse than
93.75% of 688 companies
in the Transportation industry
Industry Median: 0.925 vs CNI: 6.03

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Canadian National Railway Co's adjusted revenue per share data for the three months ended in Mar. 2025 was $4.881. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $16.65 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian National Railway Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Canadian National Railway Co's Cyclically Adjusted PS 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.

Canadian National Railway Co Cyclically Adjusted PS Ratio Chart

Canadian National Railway Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.42 8.49 7.83 7.51 6.24

Canadian National Railway Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS 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 7.88 7.01 6.83 6.24 5.85

Competitive Comparison of Canadian National Railway Co's Cyclically Adjusted PS Ratio

For the Railroads subindustry, Canadian National Railway Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 National Railway Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Canadian National Railway Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Canadian National Railway Co's Cyclically Adjusted PS Ratio falls into.


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Canadian National Railway Co Cyclically Adjusted PS Ratio Calculation

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

Canadian National Railway Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=104.98/16.65
=6.31

* 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 National Railway Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Canadian National Railway Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4.881/129.1809*129.1809
=4.881

Current CPI (Mar. 2025) = 129.1809.

Canadian National Railway Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 3.128 100.500 4.021
201509 3.029 100.421 3.896
201512 2.899 99.947 3.747
201603 2.840 101.054 3.630
201606 2.819 102.002 3.570
201609 2.964 101.765 3.763
201612 3.133 101.449 3.989
201703 3.133 102.634 3.943
201706 3.296 103.029 4.133
201709 3.474 103.345 4.343
201712 3.430 103.345 4.288
201803 3.319 105.004 4.083
201806 3.743 105.557 4.581
201809 3.843 105.636 4.700
201812 3.875 105.399 4.749
201903 3.642 106.979 4.398
201906 4.112 107.690 4.933
201909 4.012 107.611 4.816
201912 3.793 107.769 4.547
202003 3.557 107.927 4.257
202006 3.325 108.401 3.962
202009 3.615 108.164 4.317
202012 4.003 108.559 4.763
202103 3.946 110.298 4.622
202106 4.143 111.720 4.791
202109 3.989 112.905 4.564
202112 4.145 113.774 4.706
202203 4.183 117.646 4.593
202206 4.905 120.806 5.245
202209 4.944 120.648 5.294
202212 4.939 120.964 5.275
202303 4.705 122.702 4.953
202306 4.605 124.203 4.790
202309 4.494 125.230 4.636
202312 5.145 125.072 5.314
202403 4.890 126.258 5.003
202406 4.965 127.522 5.030
202409 4.812 127.285 4.884
202412 4.860 127.364 4.929
202503 4.881 129.181 4.881

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Canadian National Railway Co  (NYSE:CNI) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Canadian National Railway Co Cyclically Adjusted PS Ratio Related Terms

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


Canadian National Railway Co Business Description

Traded in Other Exchanges
Address
935 de La Gauchetiere Street West, Montreal, QC, CAN, H3B 2M9
Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2024, CN generated CAD 17 billion in revenue by hauling intermodal containers (22% of consolidated revenue), petroleum and chemicals (20%), grain and fertilizers (20%), forest products (11%), metals and minerals (12%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.