Union PacificBSP:UPAC34 79 PB Ratio is 7.87 as of Jun. 27, 2026, which is 2% below its 10-year median of 8.07. GuruFocus rates BSP:UPAC34 with a GF Score™ of 79/100 and a GF Value™ of R$308.17 (Fairly Valued). The stock has 4 warning signs investors should review. Among 970 Transportation companies, Union Pacific ranks worse than 96.19% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-27), Union Pacific's share price is R$336.50. Union Pacific's Book Value per Share for the quarter that ended in Mar. 2026 was R$42.76. Hence, Union Pacific's PB Ratio of today is 7.87.
The historical rank and industry rank for Union Pacific's PB Ratio or its related term are showing as below:
BSP:UPAC34'
s PB Ratio Range Over the Past 10 Years
Min: 3.57 Med: 8.07 Max: 13.73
Current: 8.2
During the past 13 years, Union Pacific's highest PB Ratio was 13.73. The lowest was 3.57. And the median was 8.07.
BSP:UPAC34's PB Ratio is ranked worse than 96.19% of 970
companies
in the Transportation industry
Industry Median: 1.25
vs BSP:UPAC34: 8.20
During the past 12 months, Union Pacific's average Book Value Per Share Growth Rate was 22.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 16.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Union Pacific was 16.20% per year. The lowest was -8.80% per year. And the median was 6.60% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Union Pacific PB Ratio Related Terms
Union Pacific PB Ratio Historical Data
* Premium members only.
The historical data trend for Union Pacific's 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.
For the Railroads subindustry, Union Pacific's PB Ratio, along with its competitors' market caps and 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.
Union Pacific PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Union Pacific's PB Ratio distribution charts can be found below:
* The bar in red indicates where Union Pacific's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Union Pacific's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Union Pacific (BSP:UPAC34) has a PB Ratio of 7.87 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Union Pacific and its competitors. This is near median its historical median of 8.07. Over the past decade, Union Pacific's PB Ratio has ranged from 3.57 to 13.73. According to the industry distribution chart, Union Pacific ranks #933 out of 970 companies in the Transportation industry, placing it in the top 96.2%.
Is Union Pacific's PB Ratio too high?
Union Pacific's current PB Ratio of 7.87 is near median its 10-year median of 8.07. Over the past 10 years, this metric has ranged from a low of 3.57 to a high of 13.73. The Transportation industry median PB Ratio is 1.25. Union Pacific's value of 7.87 is 529.6% above this industry median. Based on the distribution chart, Union Pacific ranks #933 out of 970 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Union Pacific has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Union Pacific's PB Ratio compare to CSX and NSC?
According to the Transportation industry distribution chart, Union Pacific ranks #933 out of 970 companies for PB Ratio. This places Union Pacific in the lower half of its industry. The industry median PB Ratio is 1.25. Union Pacific's value of 7.87 is 529.6% above this benchmark. Historically, Union Pacific's own PB Ratio has ranged from 3.57 to 13.73 over the past decade. While the company's 10-year median is 8.07 vs. the industry median of 1.25, Union Pacific 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 PB Ratio for a Transportation company?
The median PB Ratio among Transportation companies is 1.25, based on 970 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Union Pacific's current PB Ratio of 7.87 is 529.6% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Union Pacific and its competitors. For the Transportation industry, the median PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Pacific's current PB Ratio is 7.87, which is near median its own 10-year median of 8.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Pacific stock overvalued right now?
Based on GuruFocus' analysis, Union Pacific (BSP:UPAC34) is currently considered Fairly Valued. The stock's GF Value™ is R$308.17, compared to a current price of R$336.50 — trading 9.2% above its estimated fair value. The current PB Ratio is 7.87, which is near median its 10-year median of 8.07 and 529.6% above the Transportation industry median of 1.25. Union Pacific's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Union Pacific (BSP:UPAC34), the current PB Ratio is 7.87 as of Jun. 27, 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 Union Pacific (BSP:UPAC34) Overvalued in 2026?
Based on GuruFocus' analysis, Union Pacific stock appears to be overvalued.
The current stock price of R$336.50 is trading 9.2% above its estimated GF Value™ of R$308.17.
GuruFocus considers Union Pacific to be Fairly Valued.
Key valuation signals for BSP:UPAC34:
PB Ratio: 7.87 (near median its 10-year median of 8.07)
GF Value™: R$308.17 vs. price of R$336.50 (9.2% above fair value)
Industry Position: 529.6% above the Transportation median (#933 of 970)
No single metric tells the full story. See the BSP:UPAC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Omaha, Nebraska-based Union Pacific is the largest public railroad in North America. Operating on more than 30,000 miles of track in the western two-thirds of the US, Union Pacific generated $24.5 billion of revenue in 2025 by hauling coal, industrial products, intermodal containers, agricultural goods, chemicals, fertilizers, and automotive goods. Union Pacific owns about one-fourth of Mexican railroad Ferromex and historically derives roughly 10% of its revenue hauling freight to and from Mexico.
79GF Score
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