Canadian Pacific Railway
CP
#232
Rank
$76.63 B
Marketcap
$82.06
Share price
0.39%
Change (1 day)
-0.77%
Change (1 year)

P/E ratio for Canadian Pacific Railway (CP)

P/E ratio as of May 2024 (TTM): 24.5

According to Canadian Pacific Railway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.4785. 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
202226.121.95%
202121.4-16.39%
202025.634.33%
201919.111.68%
201817.120.82%
201714.1-19.48%
201617.6-10.83%
201519.7-21.45%
201425.1-19.94%
201331.3-12.7%
201235.976.71%
201120.317.62%
201017.3-4.83%
200918.195.72%
20089.26-14.48%
200710.8-8.56%
200611.8-17.96%
200514.4-13.71%
200416.712.78%
200314.862.72%
20029.12

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
23.6-3.69%๐Ÿ‡บ๐Ÿ‡ธ USA
18.0-26.38%๐Ÿ‡บ๐Ÿ‡ธ USA
25.3 3.56%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
23.1-5.63%๐Ÿ‡จ๐Ÿ‡ฆ 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.