Canadian Pacific Kansas City (FRA:X88) Cyclically Adjusted PS Ratio: 8.92 (As of Aug. 01, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:X88 Canadian Pacific Kansas City Ltd FRA:X88
82 GF Score
Price €76.24
GF Value €75.15
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Canadian Pacific Kansas City Cyclically Adjusted PS Ratio?

Canadian Pacific Kansas City FRA:X88 -1.04% 82 Cyclically Adjusted PS Ratio is 8.92 as of Aug. 01, 2026, which is 5% above its 10-year median of 8.51. GuruFocus rates FRA:X88 with a GF Score™ of 82/100 and a GF Value™ of €75.15 (Fairly Valued). The stock has 8 warning signs investors should review. Among 763 Transportation companies, Canadian Pacific Kansas City ranks worse than 97.38% on this metric.

As of today (2026-08-01), Canadian Pacific Kansas City's current share price is €76.24. Canadian Pacific Kansas City's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €8.55. Canadian Pacific Kansas City's Cyclically Adjusted PS Ratio for today is 8.92.

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

FRA:X88' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.18   Med: 8.51   Max: 10.52
Current: 8.83

During the past years, Canadian Pacific Kansas City's highest Cyclically Adjusted PS Ratio was 10.52. The lowest was 5.18. And the median was 8.51.

FRA:X88's Cyclically Adjusted PS Ratio is ranked worse than
97.38% of 763 companies
in the Transportation industry
Industry Median: 0.89 vs FRA:X88: 8.83

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 Pacific Kansas City's adjusted revenue per share data for the three months ended in Jun. 2026 was €2.903. 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 €8.55 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Pacific Kansas City  (FRA:X88) 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 Pacific Kansas City Cyclically Adjusted PS Ratio Related Terms


Canadian Pacific Kansas City Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Canadian Pacific Kansas City'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.

Canadian Pacific Kansas City Cyclically Adjusted PS Ratio Chart

Canadian Pacific Kansas City Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.10 9.39 9.06 8.41 7.64

Canadian Pacific Kansas City Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 8.38 7.93 7.64 8.07 8.81

FRA:X88 vs UNP, CSX, NSC: Cyclically Adjusted PS Ratio Comparison

For the Railroads subindustry, Canadian Pacific Kansas City'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 Pacific Kansas City Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


FRA:X88
82GF Score
Canadian Pacific Kansas City Ltd FRA:X88
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=76.24/8.55
=8.92

* 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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Canadian Pacific Kansas City's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.903/134.0005*134.0005
=2.903

Current CPI (Jun. 2026) = 134.0005.

Canadian Pacific Kansas City Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.425 101.765 1.876
201612 1.581 101.449 2.088
201703 1.522 102.634 1.987
201706 1.497 103.029 1.947
201709 1.495 103.345 1.938
201712 1.559 103.345 2.021
201803 1.440 105.004 1.838
201806 1.594 105.557 2.024
201809 1.744 105.636 2.212
201812 1.847 105.399 2.348
201903 1.665 106.979 2.086
201906 1.878 107.690 2.337
201909 1.957 107.611 2.437
201912 2.055 107.769 2.555
202003 1.931 107.927 2.397
202006 1.726 108.401 2.134
202009 1.761 108.164 2.182
202012 1.915 108.559 2.364
202103 1.955 110.298 2.375
202106 2.083 111.720 2.498
202109 1.945 112.905 2.308
202112 1.954 113.774 2.301
202203 1.413 117.646 1.609
202206 1.744 120.806 1.934
202209 1.877 120.648 2.085
202212 1.833 120.964 2.031
202303 1.657 122.702 1.810
202306 2.361 124.203 2.547
202309 2.476 125.230 2.649
202312 2.764 125.072 2.961
202403 2.560 126.258 2.717
202406 2.613 127.522 2.746
202409 2.524 127.285 2.657
202412 2.780 127.364 2.925
202503 2.617 129.181 2.715
202506 2.537 129.892 2.617
202509 2.474 130.287 2.545
202512 2.704 130.366 2.779
202603 2.600 132.262 2.634
202606 2.903 134.001 2.903

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.

What does a Cyclically Adjusted PS Ratio of 8.92 mean?
Canadian Pacific Kansas City (FRA:X88) has a Cyclically Adjusted PS Ratio of 8.92 as of Aug. 01, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Canadian Pacific Kansas City and its competitors. This is near median its historical median of 8.51. Over the past decade, Canadian Pacific Kansas City's Cyclically Adjusted PS Ratio has ranged from 5.18 to 10.52. According to the industry distribution chart, Canadian Pacific Kansas City ranks #743 out of 763 companies in the Transportation industry, placing it in the top 97.4%.
Is Canadian Pacific Kansas City's Cyclically Adjusted PS Ratio too high?
Canadian Pacific Kansas City's current Cyclically Adjusted PS Ratio of 8.92 is near median its 10-year median of 8.51. Over the past 10 years, this metric has ranged from a low of 5.18 to a high of 10.52. The Transportation industry median Cyclically Adjusted PS Ratio is 0.89. Canadian Pacific Kansas City's value of 8.92 is 902.2% above this industry median. Based on the distribution chart, Canadian Pacific Kansas City ranks #743 out of 763 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Canadian Pacific Kansas City has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian Pacific Kansas City's Cyclically Adjusted PS Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Canadian Pacific Kansas City ranks #743 out of 763 companies for Cyclically Adjusted PS Ratio. This places Canadian Pacific Kansas City in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.89. Canadian Pacific Kansas City's value of 8.92 is 902.2% above this benchmark. Historically, Canadian Pacific Kansas City's own Cyclically Adjusted PS Ratio has ranged from 5.18 to 10.52 over the past decade. While the company's 10-year median is 8.51 vs. the industry median of 0.89, 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 PS Ratio for a Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.89, based on 763 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS 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 PS Ratio of 8.92 is 902.2% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue 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 PS Ratio is 0.89 — 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 PS Ratio is 8.92, which is near median its own 10-year median of 8.51. 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 (FRA:X88) is currently considered Fairly Valued. The stock's GF Value™ is €75.15, compared to a current price of €76.24 — trading 1.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.92, which is near median its 10-year median of 8.51 and 902.2% above the Transportation industry median of 0.89. Canadian Pacific Kansas City's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Canadian Pacific Kansas City (FRA:X88), the current Cyclically Adjusted PS Ratio is 8.92 as of Aug. 01, 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 (FRA:X88) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Pacific Kansas City stock appears to be overvalued. The current stock price of €76.24 is trading 1.5% above its estimated GF Value™ of €75.15. GuruFocus considers Canadian Pacific Kansas City to be Fairly Valued.

Key valuation signals for FRA:X88:

  • Cyclically Adjusted PS Ratio: 8.92 (near median its 10-year median of 8.51)
  • GF Value™: €75.15 vs. price of €76.24 (1.5% above fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 902.2% above the Transportation median (#743 of 763)

No single metric tells the full story. See the FRA:X88 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.
82GF Score

Get the complete analysis for FRA:X88

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

€76.24
Price
€75.15
GF Value