Norfolk Southern (MEX:NSC) Cyclically Adjusted PS Ratio: 5.33 (As of Jul. 08, 2026) — Near Median


MEX:NSC Norfolk Southern Corp MEX:NSC
83 GF Score
Price MXN5,332.88
GF Value MXN4,212.40
! 10 Warning Signs
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What is Norfolk Southern Cyclically Adjusted PS Ratio?

Norfolk Southern MEX:NSC 83 Cyclically Adjusted PS Ratio is 5.33 as of Jul. 08, 2026, which is 8% above its 10-year median of 4.92. GuruFocus rates MEX:NSC with a GF Score™ of 83/100 and a GF Value™ of MXN4,212.40. The stock has 10 warning signs investors should review. Among 751 Transportation companies, Norfolk Southern ranks worse than 93.08% on this metric.

As of today (2026-07-08), Norfolk Southern's current share price is MXN5332.88. Norfolk Southern's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN1,000.98. Norfolk Southern's Cyclically Adjusted PS Ratio for today is 5.33.

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

MEX:NSC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.75   Med: 4.92   Max: 7.22
Current: 5.99

During the past years, Norfolk Southern's highest Cyclically Adjusted PS Ratio was 7.22. The lowest was 2.75. And the median was 4.92.

MEX:NSC's Cyclically Adjusted PS Ratio is ranked worse than
93.08% of 751 companies
in the Transportation industry
Industry Median: 0.91 vs MEX:NSC: 5.99

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.

Norfolk Southern's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN240.276. 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 MXN1,000.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Norfolk Southern  (MEX:NSC) 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.


Norfolk Southern Cyclically Adjusted PS Ratio Related Terms


Norfolk Southern Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Norfolk Southern'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.

Norfolk Southern Cyclically Adjusted PS Ratio Chart

Norfolk Southern 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 6.97 5.30 4.85 4.64 5.48

Norfolk Southern Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.60 4.91 5.71 5.48 5.33

MEX:NSC vs CSX, WAB, TRN: Cyclically Adjusted PS Ratio Comparison

For the Railroads subindustry, Norfolk Southern'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.


Norfolk Southern Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


MEX:NSC
83GF Score
Norfolk Southern Corp MEX:NSC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norfolk Southern 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5332.88/1000.98
=5.33

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

For example, Norfolk Southern's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=240.276/330.2130*330.2130
=240.276

Current CPI (Mar. 2026) = 330.2130.

Norfolk Southern Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 153.011 241.018 209.637
201609 165.602 241.428 226.502
201612 174.673 241.432 238.905
201703 165.590 243.801 224.281
201706 164.936 244.955 222.343
201709 167.375 246.819 223.927
201712 182.259 246.524 244.132
201803 172.653 249.554 228.457
201806 200.720 251.989 263.029
201809 198.144 252.439 259.190
201812 208.289 251.233 273.769
201903 204.493 254.202 265.640
201906 210.356 256.143 271.186
201909 212.210 256.759 272.919
201912 193.861 256.974 249.112
202003 237.924 258.115 304.382
202006 187.480 257.797 240.144
202009 216.166 260.280 274.246
202012 200.872 260.474 254.653
202103 213.554 264.877 266.230
202106 222.868 271.696 270.869
202109 237.998 274.310 286.501
202112 240.468 278.802 284.810
202203 241.634 287.504 277.529
202206 275.299 296.311 306.797
202209 287.369 296.808 319.712
202212 273.434 296.797 304.220
202303 247.281 301.836 270.529
202306 224.074 305.109 242.511
202309 227.980 307.789 244.590
202312 230.601 306.746 248.243
202403 220.403 312.332 233.021
202406 246.318 314.175 258.892
202409 265.232 315.301 277.776
202412 278.199 315.605 291.076
202503 270.337 319.799 279.140
202506 260.030 322.561 266.199
202509 253.325 324.800 257.547
202512 238.632 324.054 243.167
202603 240.276 330.213 240.276

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 5.33 mean?
Norfolk Southern (MEX:NSC) has a Cyclically Adjusted PS Ratio of 5.33 as of Jul. 08, 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 Norfolk Southern and its competitors. This is near median its historical median of 4.92. Over the past decade, Norfolk Southern's Cyclically Adjusted PS Ratio has ranged from 2.75 to 7.22. According to the industry distribution chart, Norfolk Southern ranks #699 out of 751 companies in the Transportation industry, placing it in the top 93.1%.
Is Norfolk Southern's Cyclically Adjusted PS Ratio too high?
Norfolk Southern's current Cyclically Adjusted PS Ratio of 5.33 is near median its 10-year median of 4.92. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 7.22. The Transportation industry median Cyclically Adjusted PS Ratio is 0.91. Norfolk Southern's value of 5.33 is 485.7% above this industry median. Based on the distribution chart, Norfolk Southern ranks #699 out of 751 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Norfolk Southern has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Norfolk Southern's Cyclically Adjusted PS Ratio compare to CSX and WAB?
According to the Transportation industry distribution chart, Norfolk Southern ranks #699 out of 751 companies for Cyclically Adjusted PS Ratio. This places Norfolk Southern in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. Norfolk Southern's value of 5.33 is 485.7% above this benchmark. Historically, Norfolk Southern's own Cyclically Adjusted PS Ratio has ranged from 2.75 to 7.22 over the past decade. While the company's 10-year median is 4.92 vs. the industry median of 0.91, Norfolk Southern 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 0.91, based on 751 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. Norfolk Southern's current Cyclically Adjusted PS Ratio of 5.33 is 485.7% 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 Norfolk Southern and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norfolk Southern's current Cyclically Adjusted PS Ratio is 5.33, which is near median its own 10-year median of 4.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norfolk Southern stock overvalued right now?
Norfolk Southern (MEX:NSC) has a current Cyclically Adjusted PS Ratio of 5.33. The stock's GF Value™ is MXN4,212.40, compared to a current price of MXN5,332.88 — trading 26.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.33, which is near median its 10-year median of 4.92 and 485.7% above the Transportation industry median of 0.91. Norfolk Southern's overall GF Score™ is 83/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Norfolk Southern (MEX:NSC), the current Cyclically Adjusted PS Ratio is 5.33 as of Jul. 08, 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 Norfolk Southern (MEX:NSC) Overvalued in 2026?

Based on GuruFocus' analysis, Norfolk Southern stock appears to be overvalued. The current stock price of MXN5,332.88 is trading 26.6% above its estimated GF Value™ of MXN4,212.40.

Key valuation signals for MEX:NSC:

  • Cyclically Adjusted PS Ratio: 5.33 (near median its 10-year median of 4.92)
  • GF Value™: MXN4,212.40 vs. price of MXN5,332.88 (26.6% above fair value)
  • GF Score™: 83/100 with 10 warning signs
  • Industry Position: 485.7% above the Transportation median (#699 of 751)

No single metric tells the full story. See the MEX:NSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 automotive, agricultural, metal, chemical, and forest products.
83GF Score

Get the complete analysis for MEX:NSC

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

MXN5,332.88
Price
MXN4,212.40
GF Value