P/E ratio for CSX Corporation (CSX)
P/E ratio as of June 2023 (TTM): 15.6
According to CSX Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.6383. At the end of 2021 the company had a P/E ratio of 22.2.
P/E ratio history for CSX Corporation from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 22.2 | -70.47% |
| 2020 | 75.3 | 338.21% |
| 2019 | 17.2 | 7.95% |
| 2018 | 15.9 | 76.92% |
| 2017 | 8.99 | -54.39% |
| 2016 | 19.7 | 52.88% |
| 2015 | 12.9 | -31.2% |
| 2014 | 18.7 | 20.76% |
| 2013 | 15.5 | 41.53% |
| 2012 | 11.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Union Pacific Corporation UNP | 17.6 | 12.38% | 🇺🇸 USA |
 Norfolk Southern NSC | 16.5 | 5.72% | 🇺🇸 USA |
 Kansas City Southern
KSU | N/A | N/A | 🇺🇸 USA |
 Canadian National Railway CNI | 20.8 | 33.30% | 🇨🇦 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.