P/E ratio for CSX Corporation (CSX)
P/E ratio as of April 2024 (TTM): 17.9
According to CSX Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.8835. At the end of 2022 the company had a P/E ratio of 15.9.
P/E ratio history for CSX Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.9 | -28.94% |
| 2021 | 22.3 | -11.04% |
| 2020 | 25.1 | 119.8% |
| 2019 | 11.4 | -28.69% |
| 2018 | 16.0 | 77.59% |
| 2017 | 9.02 | -54.49% |
| 2016 | 19.8 | 53.64% |
| 2015 | 12.9 | -31.13% |
| 2014 | 18.7 | 19.24% |
| 2013 | 15.7 | 42.8% |
| 2012 | 11.0 | -10.72% |
| 2011 | 12.3 | -21.66% |
| 2010 | 15.7 | -5.01% |
| 2009 | 16.5 | 73.8% |
| 2008 | 9.52 | -32.67% |
| 2007 | 14.1 | 22.81% |
| 2006 | 11.5 | 20.43% |
| 2005 | 9.56 | -62.55% |
| 2004 | 25.5 | -19.02% |
| 2003 | 31.5 | 122.72% |
| 2002 | 14.2 | -44.11% |
| 2001 | 25.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Union Pacific Corporation UNP | 22.2 | 24.37% | 🇺🇸 USA |
 Norfolk Southern NSC | 25.7 | 43.99% | 🇺🇸 USA |
 Kansas City Southern
KSU | N/A | N/A | 🇺🇸 USA |
 Canadian National Railway CNI | 22.4 | 25.39% | 🇨🇦 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.