P/E ratio for Canadian Pacific Railway (CP)
P/E ratio as of May 2023 (TTM): 25.8
According to Canadian Pacific Railway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.8199. At the end of 2021 the company had a P/E ratio of 21.4.
P/E ratio history for Canadian Pacific Railway from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 21.4 | -83.31% |
| 2020 | 128 | 572.39% |
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Union Pacific Corporation UNP | 17.1 | -33.92% | 🇺🇸 USA |
 CSX Corporation CSX | 15.1 | -41.54% | 🇺🇸 USA |
 Norfolk Southern NSC | 16.1 | -37.66% | 🇺🇸 USA |
 Kansas City Southern
KSU | N/A | N/A | 🇺🇸 USA |
 Canadian National Railway CNI | 20.2 | -21.87% | 🇨🇦 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.