P/E ratio for Norfolk Southern (NSC)
P/E ratio as of March 2023 (TTM): 14.6
According to Norfolk Southern's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.641. At the end of 2021 the company had a P/E ratio of 24.4.
P/E ratio history for Norfolk Southern from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 24.4 | -18.81% |
| 2020 | 30.1 | 60.29% |
| 2019 | 18.8 | 20.84% |
| 2018 | 15.5 | 102.29% |
| 2017 | 7.67 | -59.8% |
| 2016 | 19.1 | 16.25% |
| 2015 | 16.4 | -3.5% |
| 2014 | 17.0 | 12.03% |
| 2013 | 15.2 | 33.41% |
| 2012 | 11.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Union Pacific Corporation UNP | 17.5 | 19.56% | 🇺🇸 USA |
 CSX Corporation CSX | 14.8 | 1.11% | 🇺🇸 USA |
 Kansas City Southern
KSU | N/A | N/A | 🇺🇸 USA |
 Canadian National Railway CNI | 20.3 | 38.95% | 🇨🇦 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.