Canadian National Railway
CNI
#178
Rank
$79.44 B
Marketcap
$118.29
Share price
-0.19%
Change (1 day)
-0.50%
Change (1 year)

P/E ratio for Canadian National Railway (CNI)

P/E ratio as of January 2023 (TTM): 21.8

According to Canadian National Railway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.7791. At the end of 2021 the company had a P/E ratio of 22.5.

P/E ratio history for Canadian National Railway from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202122.5-23.57%
202029.444.48%
201920.423.36%
201816.514.56%
201714.4-23.53%
201618.813.63%
201516.6-16.43%
201419.83.41%
201319.229.97%
201214.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.0-17.25%๐Ÿ‡บ๐Ÿ‡ธ USA
15.8-27.23%๐Ÿ‡บ๐Ÿ‡ธ USA
17.5-19.81%๐Ÿ‡บ๐Ÿ‡ธ USA
N/A-100.00%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.