Norfolk Southern (MEX:NSC) E10: MXN230.88 (As of Jun. 2026)

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MEX:NSC Norfolk Southern Corp MEX:NSC
71 GF Score
Price MXN5,985.00
GF Value MXN4,460.60
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Norfolk Southern E10?

Norfolk Southern MEX:NSC 71 E10 is MXN230.88 as of Jun. 2026. GuruFocus rates MEX:NSC with a GF Score™ of 71/100 and a GF Value™ of MXN4,460.60 (Significantly Overvalued). 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.

Norfolk Southern's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN56.884. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN230.88 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Norfolk Southern's average E10 Growth Rate was 7.10% per year. During the past 3 years, the average E10 Growth Rate was 5.50% per year. During the past 5 years, the average E10 Growth Rate was 8.20% 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 Norfolk Southern was 16.30% per year. The lowest was -8.40% per year. And the median was 8.00% per year.

As of today (2026-08-09), Norfolk Southern's current stock price is MXN5985.00. Norfolk Southern's E10 for the quarter that ended in Jun. 2026 was MXN230.88. Norfolk Southern's Shiller PE Ratio of today is 25.92.

During the past 13 years, the highest Shiller PE Ratio of Norfolk Southern was 32.60. The lowest was 15.16. And the median was 22.44.


Norfolk Southern  (MEX:NSC) 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.

Norfolk Southern's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5985.00/230.88
=25.92

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Norfolk Southern was 32.60. The lowest was 15.16. And the median was 22.44.


Be Aware

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


Norfolk Southern E10 Related Terms


Norfolk Southern E10 Historical Data

* Premium members only.

The historical data trend for Norfolk Southern'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.

Norfolk Southern E10 Chart

Norfolk Southern 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 197.15 226.76 193.16 242.41 241.71

Norfolk Southern Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 233.46 223.58 241.71 247.69 230.88

MEX:NSC vs CSX, WAB, TRN: E10 Comparison

For the Railroads subindustry, Norfolk Southern'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.


Norfolk Southern Shiller PE Ratio vs Transportation Industry

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

* The bar in red indicates where Norfolk Southern's Shiller PE Ratio falls into.


MEX:NSC
71GF Score
Norfolk Southern Corp MEX:NSC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norfolk Southern 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, Norfolk Southern's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=56.884/333.9520*333.9520
=56.884

Current CPI (Jun. 2026) = 333.9520.

Norfolk Southern Quarterly Data

per share eps CPI Adj_EPS
201609 29.970 241.428 41.456
201612 29.276 241.432 40.495
201703 27.867 243.801 38.171
201706 30.910 244.955 42.140
201709 31.759 246.819 42.971
201712 270.829 246.524 366.877
201803 35.063 249.554 46.921
201806 49.124 251.989 65.102
201809 47.137 252.439 62.358
201812 50.462 251.233 67.077
201903 48.689 254.202 63.964
201906 51.864 256.143 67.619
201909 49.158 256.759 63.937
201912 48.093 256.974 62.500
202003 34.469 258.115 44.596
202006 35.316 257.797 45.749
202009 49.042 260.280 62.923
202012 52.515 260.474 67.329
202103 54.373 264.877 68.552
202106 65.292 271.696 80.253
202109 62.920 274.310 76.600
202112 64.004 278.802 76.665
202203 58.339 287.504 67.764
202206 69.407 296.311 78.224
202209 82.471 296.808 92.792
202212 66.676 296.797 75.023
202303 36.771 301.836 40.684
202306 26.744 305.109 29.272
202309 36.580 307.789 39.689
202312 39.380 306.746 42.873
202403 3.817 312.332 4.081
202406 59.540 314.175 63.288
202409 95.498 315.301 101.147
202412 67.364 315.605 71.280
202503 67.717 319.799 70.714
202506 64.208 322.561 66.475
202509 57.968 324.800 59.601
202512 51.669 324.054 53.247
202603 43.819 330.213 44.315
202606 56.884 333.952 56.884

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 MXN230.88 mean?
Norfolk Southern (MEX:NSC) has a E10 of MXN230.88 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Norfolk Southern and its competitors.
Is Norfolk Southern's E10 too high?
Norfolk Southern's current E10 is MXN230.88. Overall, Norfolk Southern has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norfolk Southern's E10 compare to CSX and WAB?
Norfolk Southern's E10 of MXN230.88 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 Norfolk Southern and its competitors. Norfolk Southern's current E10 is MXN230.88. 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?
Based on GuruFocus' analysis, Norfolk Southern (MEX:NSC) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN4,460.60, compared to a current price of MXN5,985.00 — trading 34.2% above its estimated fair value. The current E10 is MXN230.88. Norfolk Southern's overall GF Score™ is 71/100 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 Norfolk Southern (MEX:NSC), the current E10 is MXN230.88 as of Jun. 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 MXN5,985.00 is trading 34.2% above its estimated GF Value™ of MXN4,460.60. GuruFocus considers Norfolk Southern to be Significantly Overvalued.

Key valuation signals for MEX:NSC:

  • E10: MXN230.88
  • GF Value™: MXN4,460.60 vs. price of MXN5,985.00 (34.2% above fair value)
  • GF Score™: 71/100 with 8 warning signs

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.
71GF Score

Get the complete analysis for MEX:NSC

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

MXN5,985.00
Price
MXN4,460.60
GF Value