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CSX (FRA:CXR) Cyclically Adjusted PB Ratio : 5.74 (As of Apr. 28, 2024)


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What is CSX Cyclically Adjusted PB Ratio?

As of today (2024-04-28), CSX's current share price is €31.455. CSX's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €5.48. CSX's Cyclically Adjusted PB Ratio for today is 5.74.

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

FRA:CXR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.51   Med: 5.43   Max: 7.65
Current: 5.72

During the past years, CSX's highest Cyclically Adjusted PB Ratio was 7.65. The lowest was 2.51. And the median was 5.43.

FRA:CXR's Cyclically Adjusted PB Ratio is ranked worse than
92.43% of 687 companies
in the Transportation industry
Industry Median: 1.21 vs FRA:CXR: 5.72

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 €5.928. 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 €5.48 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 6.24

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
=31.455/5.48
=5.74

* 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)
=5.928/129.4194*129.4194
=5.928

Current CPI (Mar. 2024) = 129.4194.

CSX Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.671 100.560 3.438
201409 2.889 100.428 3.723
201412 3.039 99.070 3.970
201503 3.527 99.621 4.582
201506 3.491 100.684 4.487
201509 3.547 100.392 4.573
201512 3.691 99.792 4.787
201603 3.630 100.470 4.676
201606 3.642 101.688 4.635
201609 3.696 101.861 4.696
201612 3.977 101.863 5.053
201703 3.937 102.862 4.953
201706 3.764 103.349 4.713
201709 3.407 104.136 4.234
201712 4.654 104.011 5.791
201803 4.440 105.290 5.458
201806 4.654 106.317 5.665
201809 4.641 106.507 5.639
201812 4.500 105.998 5.494
201903 4.531 107.251 5.468
201906 4.537 108.070 5.433
201909 4.590 108.329 5.484
201912 4.598 108.420 5.489
202003 4.678 108.902 5.559
202006 4.701 108.767 5.594
202009 4.704 109.815 5.544
202012 4.705 109.897 5.541
202103 4.862 111.754 5.631
202106 4.943 114.631 5.581
202109 5.044 115.734 5.640
202112 5.422 117.630 5.965
202203 5.506 121.301 5.875
202206 5.801 125.017 6.005
202209 6.185 125.227 6.392
202212 5.764 125.222 5.957
202303 5.663 127.348 5.755
202306 5.645 128.729 5.675
202309 5.666 129.860 5.647
202312 5.679 129.419 5.679
202403 5.928 129.419 5.928

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  (FRA:CXR) 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 (FRA:CXR) 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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