Canadian National Railway Co (MEX:CNI N) E10: MXN100.69 (As of Mar. 2026)


MEX:CNI N Canadian National Railway Co MEX:CNI N
69 GF Score
Price MXN2,075.25
GF Value MXN2,067.70
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Canadian National Railway Co E10?

Canadian National Railway Co MEX:CNI N 69 E10 is MXN100.69 as of Mar. 2026. GuruFocus rates MEX:CNI N with a GF Score™ of 69/100 and a GF Value™ of MXN2,067.70 (Fairly Valued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Canadian National Railway Co's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN24.578. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN100.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Canadian National Railway Co's average E10 Growth Rate was 4.80% per year. During the past 3 years, the average E10 Growth Rate was 6.90% per year. During the past 5 years, the average E10 Growth Rate was 9.30% per year. During the past 10 years, the average E10 Growth Rate was 10.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Canadian National Railway Co was 15.80% per year. The lowest was 6.90% per year. And the median was 12.15% per year.

As of today (2026-07-01), Canadian National Railway Co's current stock price is MXN2075.25. Canadian National Railway Co's E10 for the quarter that ended in Mar. 2026 was MXN100.69. Canadian National Railway Co's Shiller PE Ratio of today is 20.61.

During the past 13 years, the highest Shiller PE Ratio of Canadian National Railway Co was 32.70. The lowest was 17.11. And the median was 26.39.


Canadian National Railway Co  (MEX:CNI N) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Canadian National Railway Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2075.25/100.69
=20.61

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Canadian National Railway Co was 32.70. The lowest was 17.11. And the median was 26.39.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Canadian National Railway Co E10 Related Terms


Canadian National Railway Co E10 Historical Data

* Premium members only.

The historical data trend for Canadian National Railway Co's E10 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 National Railway Co E10 Chart

Canadian National Railway Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.53 92.79 85.29 113.82 94.36

Canadian National Railway Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 121.62 121.33 96.96 94.36 100.69

MEX:CNI N vs UNP, CSX, NSC: E10 Comparison

For the Railroads subindustry, Canadian National Railway Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Transportation Industry

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

* The bar in red indicates where Canadian National Railway Co's Shiller PE Ratio falls into.


MEX:CNI N
69GF Score
Canadian National Railway Co MEX:CNI N
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canadian National Railway Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Canadian National Railway Co's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=24.578/132.2623*132.2623
=24.578

Current CPI (Mar. 2026) = 132.2623.

Canadian National Railway Co Quarterly Data

per share eps CPI Adj_EPS
201606 15.777 102.002 20.458
201609 18.439 101.765 23.965
201612 20.402 101.449 26.599
201703 16.316 102.634 21.026
201706 18.491 103.029 23.738
201709 18.770 103.345 24.022
201712 53.525 103.345 68.502
201803 14.047 105.004 17.694
201806 26.499 105.557 33.203
201809 22.100 105.636 27.670
201812 22.797 105.399 28.607
201903 15.668 106.979 19.371
201906 27.175 107.690 33.376
201909 24.750 107.611 30.420
201912 17.472 107.769 21.443
202003 23.851 107.927 29.229
202006 13.115 108.401 16.002
202009 23.043 108.164 28.177
202012 22.207 108.559 27.056
202103 22.280 110.298 26.717
202106 23.783 111.720 28.156
202109 38.459 112.905 45.053
202112 27.245 113.774 31.672
202203 20.603 117.646 23.163
202206 30.168 120.806 33.029
202209 32.120 120.648 35.212
202212 30.137 120.964 32.952
202303 23.975 122.702 25.843
202306 22.711 124.203 24.185
202309 21.756 125.230 22.978
202312 41.626 125.072 44.019
202403 21.089 126.258 22.092
202406 23.393 127.522 24.263
202409 25.002 127.285 25.980
202412 26.642 127.364 27.667
202503 26.364 129.181 26.993
202506 25.761 129.892 26.231
202509 24.266 130.287 24.634
202512 26.496 130.366 26.881
202603 24.578 132.262 24.578

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN100.69 mean?
Canadian National Railway Co (MEX:CNI N) has a E10 of MXN100.69 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Canadian National Railway Co and its competitors.
Is Canadian National Railway Co's E10 too high?
Canadian National Railway Co's current E10 is MXN100.69. Overall, Canadian National Railway Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian National Railway Co's E10 compare to UNP and CSX?
Canadian National Railway Co's E10 of MXN100.69 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Transportation company?
A good E10 depends on the Transportation industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Canadian National Railway Co and its competitors. Canadian National Railway Co's current E10 is MXN100.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian National Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Canadian National Railway Co (MEX:CNI N) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,067.70, compared to a current price of MXN2,075.25 — trading 0.4% above its estimated fair value. The current E10 is MXN100.69. Canadian National Railway Co's overall GF Score™ is 69/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Canadian National Railway Co (MEX:CNI N), the current E10 is MXN100.69 as of Mar. 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 National Railway Co (MEX:CNI N) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian National Railway Co stock appears to be overvalued. The current stock price of MXN2,075.25 is trading 0.4% above its estimated GF Value™ of MXN2,067.70. GuruFocus considers Canadian National Railway Co to be Fairly Valued.

Key valuation signals for MEX:CNI N:

  • E10: MXN100.69
  • GF Value™: MXN2,067.70 vs. price of MXN2,075.25 (0.4% above fair value)
  • GF Score™: 69/100 with 8 warning signs

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


Canadian National Railway Co Business Description

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 2025, CN generated CAD 17.7 billion in revenue by hauling intermodal containers (22% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (23%), forest products (10%), metals and minerals (11%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.
69GF Score

Get the complete analysis for MEX:CNI N

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,075.25
Price
MXN2,067.70
GF Value