P/E ratio for Canadian Pacific Railway (CP)
P/E ratio as of April 2024 (TTM): 25.1
According to Canadian Pacific Railway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.1374. At the end of 2022 the company had a P/E ratio of 26.1.
P/E ratio history for Canadian Pacific Railway from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.1 | 21.95% |
| 2021 | 21.4 | -16.39% |
| 2020 | 25.6 | 34.33% |
| 2019 | 19.1 | 11.68% |
| 2018 | 17.1 | 20.82% |
| 2017 | 14.1 | -19.48% |
| 2016 | 17.6 | -10.83% |
| 2015 | 19.7 | -21.45% |
| 2014 | 25.1 | -19.94% |
| 2013 | 31.3 | -12.7% |
| 2012 | 35.9 | 76.71% |
| 2011 | 20.3 | 17.62% |
| 2010 | 17.3 | -4.83% |
| 2009 | 18.1 | 95.72% |
| 2008 | 9.26 | -14.48% |
| 2007 | 10.8 | -8.56% |
| 2006 | 11.8 | -17.96% |
| 2005 | 14.4 | -13.71% |
| 2004 | 16.7 | 12.78% |
| 2003 | 14.8 | 62.72% |
| 2002 | 9.12 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Union Pacific Corporation UNP | 22.0 | -12.35% | 🇺🇸 USA |
 CSX Corporation CSX | 18.3 | -27.34% | 🇺🇸 USA |
 Norfolk Southern NSC | 26.2 | 4.19% | 🇺🇸 USA |
 Kansas City Southern
KSU | N/A | N/A | 🇺🇸 USA |
 Canadian National Railway CNI | 23.2 | -7.67% | 🇨🇦 Canada |
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.